NOT LISTED FOR SALE
-- Bed
-- Bath
8,900 Sq Ft
1.27 Acres

Last Sold August 30, 2018

Last sale price $795,000 $89 Per Sq Ft

124 Days on Market

Highlights

  • 1.27 Acre Lot
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of August 2018

Industrial Warehouse/Office for sale! Located in North Airport Industrial submarket. Excellent Owner/User or Redevelopment Opportunity! Situated on the Light Rail in Downtown Phoenix. 8 lots totaling 55,143 square feet.

Last Agent to Sell the Property

David Genovese

Avison Young License #BR032969000 Listed on: 03/13/2018

Last Buyer's Agent

David Genovese

Avison Young License #BR032969000 Listed on: 03/13/2018

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,967

Year Built

  • Built in 1999

Lot Details

  • 1.27 Acre Lot
  • Chain Link Fence
  • Property is zoned C-3

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 8,900 Sq Ft Home
  • Concrete Flooring

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces
  • Paved Parking
  • Fenced Parking

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 5-12
  • Assessor Parcel Number 115-05-007-A

Community Details

Overview

  • 4 Buildings
  • Collins Phoenix Blks 23 26, 17, 27 Subdivision

Building Details

  • Operating Expense $12,967

Property Details

Property Type

Other

Est. Annual Taxes

$12,967

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Cross Street: Washington St & 17th Street
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Number Of Buildings: 4
  • Year Built: 1999
  • Tax Year: 2017
  • Lot Size Acres: 1.27
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: COLLINS PHOENIX BLKS 23-26, 17, 27
  • Structure Type: Commercial, Industrial, Office, Distribution/Warehse
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Frame - Wood, Metal Siding
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 50.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 50.0
  • Parking:Paved Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C
  • Heating: None
  • Water Source: City Franchise
  • Heating:None29: Yes

Lot Info

  • Lot Size Sq Ft: 55143.0
  • Parcel #: 115-05-007-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 12967.0

Tax Info

  • Tax Annual Amount: 12967.0
  • Tax Book Number: 115.00
  • Tax Lot: 5-12
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
Aug 29, 2018
Sold by
Washington Street Tower Investments Llc
Bought by
J E T Limousines & Transportation Llc
Seller's Agent
David Genovese
Avison Young
Buyer's Agent
David Genovese
Avison Young
List Price
$795,000
Sold Price
$795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$665,751
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 2014
Sold by
Tomczyk Philip W
Bought by
Washington Street Tower Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,492
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2005
Sold by
Tomczyk Philip W
Bought by
City Of Phoenix

Purchase Details

Closed on
Nov 2, 2004
Sold by
Tomczyk Durenda B
Bought by
Tomczyk Philip W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,800
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2001
Sold by
Conrad Harold L and The Harold L Conrad Trust
Bought by
Rising Tide Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.15%
Mortgage Type
Commercial
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
J E T Limousines & Transportation Llc $799,000 Clear Title Agency Of Arizon
Washington Street Tower Investments Llc -- Stewart Title & Trust Of Pho
City Of Phoenix -- --
Tomczyk Philip W -- Fidelity National Title
Tomczyk Philip W $650,400 Fidelity National Title
Rising Tide Investments Llc $360,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J E T Limousines & Transportation Llc $765,000
Previous Owner Washington Street Tower Investments Llc $249,492
Previous Owner Tomczyk Philip W $487,800
Previous Owner Rising Tide Investments Llc $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $795,000 0.0% $89 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $795,000 0.0% $89 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $795,000 -- $89 / 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 $1,243 $8,748 $8,748 --
2024 $1,859 $12,978 -- --
2023 $1,859 $23,171 $13,957 $9,214
2022 $1,846 $18,551 $11,323 $7,228
2021 $1,884 $16,398 $11,646 $4,752
2020 $1,906 $14,058 $10,926 $3,132
2019 $1,903 $22,572 $9,072 $13,500
2018 $1,871 $19,386 $7,686 $11,700
2017 $1,827 $19,818 $8,010 $11,808
2016 $1,775 $17,874 $7,272 $10,602
2015 $1,688 $9,380 $6,975 $2,405
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5736161

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-05-007A