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101 North 7th Avenue

101 North 7th Avenue, Phoenix, AZ 85007
Multifamily in Government District
Local assessors in Phoenix, AZ have categorized 101 North 7th Avenue as a commercial type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 6,971 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 101 North 7th Avenue has a total of 9,174 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 101 North 7th Avenue is a 5 code building. This code stands for "specialized buildings that do not fit in any of the other categories.". The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of metal were used in the construction of the exterior walls of the home. Residents rely on a evaporative cooler for their cooling system. The home's a space/suspended heating system is the primary heating source. The property was last sold in Apr 16, 2019 for $2,000,000. That's $218.01 per sqft. Prior to that sales transaction, the property was also sold in Mar 28, 2003 for $225,000. 101 North 7th Avenue was last assessed in 2023. The total value of the property was assessed at $135,133. Specifically, the land the property is located on was valued at $100,725. While improvements on the property were assessed at a total of $34,408. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,282. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Steel
  • Exterior Walls Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,971
  • Total Building Area: 9,174
  • Gross Building Area: 9,174
  • Building Area: 9,174
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Space/suspended
  • Heated Square Feet: 9,174
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Building Type: Specialized buildings
  • Property Class: Commercial
  • Subdivision: PHOENIX 1 THROUGH 4 & 11 THROUGH 18
  • Land Acres: 0.16
  • Standard Land Use Code: Auto repair, auto parts, garage
  • Legal Description 1: PHOENIX 1 THROUGH 4 & 11 THROUGH 18 MCR 2-51

Ownership

  • Current Owner : TRIVIUM INVESTMENT GROUP LLC
  • Previous Owner : YUNOSI LP
  • Owner Before Previous Owner: GUTKIN DAVID
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Phoenix Elementary District
  • Census Tract: 114100

Zoning

  • Zoning: C-DT

Geography

  • Assessors Map Reference: 251
  • Parcel: 112-20-050
  • Block: 85
  • Lot: 10
  • Meridian: SEC 8 TWN 1N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4496
  • Longitude: -112.082

    Address

  • Full Address: 101 N 7th Ave
  • Address - House Number: 101
  • Street Direction: N
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C019
  • 4-Digit Zip Code: 2726
  • Zip Code: 85007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,282
  • Tax Rate Code Area: 011300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $709,000
  • First Open Lien Mortgage Lender: BANK 34
  • First Open Lien Mortgage Recording Date: Jun 26, 2020
  • First Open Lien Mortgage Loan Amount: $709,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $794,900
  • Market Land Value: $592,500
  • Market Improvement Value: $202,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,133
  • Assessed Land Value: $100,725
  • Assessed Improvements Value: $34,408

    Sales

  • Current Sale Contract Date: Apr 16, 2019
  • Current Sale Recording Date: Apr 25, 2019
  • Current Sale Transaction ID: 11600067218
  • Current Sale Price: $2,000,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20190293884
  • Previous Sale Recording Date: May 21, 2003
  • Previous Sale Contract Date: Mar 28, 2003
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 101 North 7th Avenue located in?
The 101 North 7th Avenue is a multifamily located in the neighborhood of Government District in Central City, Phoenix.
What is the average sales price for listings in 101 North 7th Avenue?
The average sales price for units in 101 North 7th Avenue is $0 currently.

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