Your Real Estate Update Emails

$1,280,000
1125 E VAN BUREN Street, 70
Phoenix, AZ 85006
MLS# 4973632
Status: Closed



1125 E VAN BUREN Street, 70, Phoenix, AZ 85006
  1 / 1  
1125 E VAN BUREN Street, 70, Phoenix, AZ 85006

Property Description
Includes parcels 116-43-010 & 011 A. Prime piece with 400 FT frontage by 229 FT deep. Part of the E Van Buren re-development plan. Current zoning C-3 but will be changed with TOD-1 overlay to eliminate blight and auto uses. 1/4 mile from light rail stop. Also part of the Eastlake Garfield Transit District. New zoning will increase heights to three stories. City will back four stories here for mixed use. Current income $6,300 mo grs yr to yr (4 tenants) subject to 90 day cancellations. Lot is 229 FT deep with alley at the rear.

Details
Maps
Contract Information
Current Price: $1,180,000
List Price: $1,280,000
Status: Closed
For Sale or Lease?: Sale
Location, Tax & Legal
Map Code/Grid: Q34
House Number: 1125
Compass: E
Street Name: VAN BUREN
St Suffix: Street
Unit #: 70
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Country: USA
County Code: Maricopa
Assessor Number: 116-43-007-A
Subdivision: Porter Baxter Blk 1 & 2
Taxes: 24410
General Property Description
Apx Total Acres: 2.1
Apx Total Acres G/N: G
# Lots in Listing: 8
Apx SqFt G/N: G
Apx Lot Size Range: 400 X 229
Horses: N
Street Frontage: 400
Zoning: C-3 TOD-1
Remarks & Misc
Geo Lat: 33.450929
Geo Lon: -112.057612
Status Change Info
Status Change Date: 2015-10-22
Off Market Date: 2014-10-23
Under Contract Date: 2014-10-21
Close of Escrow Date: 2015-10-21
Sold Price: 1180000
Legal Info
Township: 1N
Range: 3E
Section: 9
Lot Number: 70
Pmt & Rate Info
Down Payment: 1280000
Equity: 1280000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concess $/%: $
Seller Concess $/%: $
Property Features
Special Listing Cond: N/A
Existing Land Use: Commercial Lot
Zoned Presently: Commercial
Potential Use: Commercial
Parcel Size: 1.00 - 2.49 Acres
Elevation Source: USGS
Roads/Streets: Asphalt/Blacktop; Dedicated Street; Curb(s) & Gutter(s); Sidewalk(s); Alley
Traffic Count: Not Available
Freeway/Highway: Up to 1 Mile
Topography: Level
Existing Structures: Shed(s); Mobile Home
Water: Private Franchise
Sewer: Sewer-In & Connected
Electric: APS
Gas: SW Gas
Distance to Cable: None
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; Seller May Carry
Reports/Disclosures: None
Environmental: None
Fencing: Chain Link

Listing Office: Realty ONE Group

Last Updated: February - 26 - 2018

1125 E VAN BUREN Street, 70, Phoenix, AZ 85006 - MLS# 4973632

Copyright Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Wednesday 26th of September 2018 01:10 PM