NOT LISTED FOR SALE

9706 N 7th St Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $707,807

-- Bed
-- Bath
900 Sq Ft
$786/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $675,000 $750 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,206/month

97 Days on Market

Highlights

  • Community Kitchen
  • Display Windows
  • Concrete Flooring
  • Sunnyslope High School Rated A
  • Central Air
  • Partially Fenced Property

About This Home

As of June 2023

Great investment to include Seller Carry for this Fantastic free standing drive-through restaurant space with superb street exposure along 7th street. Recently remodeled with Custom LED lighting, Security Cameras, Ansel System, gas lines, grease trap, etc. High traffic 7th street location with exposure to 55k + vehicles per day. Surrounded by Post Office, schools, fire dept. resort, apartments, retailers, hiking trails etc. Minutes away from the 51 and I-17 freeways.

Last Agent to Sell the Property

Frank Aazami

Russ Lyon Sotheby's International Realty License #SA581280000 Listed on: 02/15/2023

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Lucky Espiritu

DeLex Realty License #SA641737000

DeLex Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,798

Year Built

  • Built in 1981

Lot Details

  • 10,403 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned C2

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 900 Sq Ft Home
  • Display Windows
  • Concrete Flooring

Parking

  • 11 Open Parking Spaces
  • 11 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Tengen Place Subdivision
  • Community Kitchen
  • Operating Expense $2,798

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 159-45-045

Property Details

Property Type

Other

Est. Annual Taxes

$2,798

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: 7th Street & Mountain View
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Current Use: Retail, Restaurant, Food Service
  • Number Of Buildings: 1
  • Year Built: 1981
  • Tax Year: 2022
  • Directions: Property on the South West corner of 7th St and Mountain View.
  • Lot Size Acres: 0.24
  • Road Surface Type: Asphalt
  • Subdivision Name: Tengen Place
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Partial
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 11.0
  • Total Parking Spaces: 11.0
  • General Property Description:Uncvrd Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Kitchen, Display Window(s)
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size Sq Ft: 10403.0
  • Additional Parcels: No
  • Parcel #: 159-45-045
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2798.0

Tax Info

  • Tax Annual Amount: 2798.0
  • Tax Book Number: 159.00
  • Tax Lot: 12
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Jun 28, 2023
Sold by
Tsaninos Image Productions Llc
Bought by
Beans And Buns Espresso Llc
Seller's Agent
Frank Aazami
Russ Lyon Sotheby's International Realty
Buyer's Agent
Lucky Espiritu
DeLex Realty
List Price
$1,000,000
Sold Price
$675,000
Premium/Discount to List
-$325,000
-32.5%
Total Days on Market
97
Views
8
Current Estimated Value
$707,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,807
Avg. Annual Appreciation
2.50%
Original Mortgage
$500,000
Outstanding Balance
$489,769
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$218,038

Purchase Details

Closed on
Jan 18, 2019
Sold by
Tsaninos Anagnostis
Bought by
Tsaninos Image Productions Llc

Purchase Details

Closed on
Aug 9, 2018
Sold by
Tsaninos Theodoros
Bought by
Tsaninos Image Productions Llc

Purchase Details

Closed on
May 10, 2002
Sold by
Tsaninos Theodoros and Tsaninos Soultana
Bought by
The Tst Trust

Purchase Details

Closed on
Jul 7, 1978
Sold by
Butticci Marguerite T and Butticci Donald
Bought by
Tsaninos Theodoros and Tsaninos Soultana
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beans And Buns Espresso Llc $675,000 Chicago Title
Tsaninos Image Productions Llc -- None Available
Tsaninos Image Productions Llc -- None Available
The Tst Trust -- --
Tsaninos Theodoros -- --
Biggs Shirley J -- --
Tsaninos Theodoros -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beans And Buns Espresso Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $675,000 -32.5% $750 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $1,000,000 -- $1,111 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,778 $22,023 -- --
2024 $2,810 $21,629 -- --
2023 $2,810 $27,727 $19,227 $8,500
2022 $2,798 $22,961 $15,138 $7,823
2021 $2,915 $23,490 $15,570 $7,920
2020 $2,842 $22,770 $14,904 $7,866
2019 $2,791 $20,682 $13,968 $6,714
2018 $2,717 $19,908 $12,636 $7,272
2017 $2,704 $19,170 $12,150 $7,020
2016 $2,655 $18,162 $11,664 $6,498
2015 $2,527 $15,633 $9,953 $5,680
Source: Public Records

Agents Affiliated with this Home

  • Frank Aazami

    Seller's Agent in 2023

    Frank Aazami

    Russ Lyon Sotheby's International Realty

    (480) 266-0240

    1 in this area

    224 Total Sales

    Frank Aazami
    Section Image
  • Lucky Espiritu

    Buyer's Agent in 2023

    Lucky Espiritu

    DeLex Realty

    (602) 743-9777

    1 in this area

    1 Total Sale

    Lucky Espiritu
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6520864

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-45-045

Arizona Maricopa County Phoenix 85020 North Central

9706 N 7th St, Phoenix, AZ

This home is located at 9706 N 7th St, Phoenix, AZ 85020 since 15 February 2023 and is currently estimated at $707,807, approximately $786 per square foot. This property was built in 1981. 9706 N 7th St is a home located in Maricopa County with nearby schools including Sunnyslope Elementary School, Sunnyslope High School, and Montessori Day Public Schools Chartered - Mountainside.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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