Check Availability

2121 West Adams Street

2121 West Adams Street, Phoenix, AZ 85009
1 Units For Sale
Unit for sale at 2121 W Adams Street, Phoenix, AZ 85009

$1,440,000

  • Studio
2121 W Adams Street, Phoenix, AZ 85009 Listing by David Arustamian

2121 West Adams Street has been categorized by the local assessors in Phoenix, AZ as a residential type of property. The building on the property was first built in 1926 and is 98 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2121 West Adams Street has 4,315 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 42,042 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 935 sqft. Moving on to the building itself. The condition of the building has been evaluated as poor. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with tilt-up (pre-cast concrete) control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Sep 5, 2023 for $1,300,000. That's $301.27 per sqft. Prior to that sales transaction, the property was also sold in Feb 19, 2020 for $460,000. 2121 West Adams Street was last assessed in 2023. The total value of the property was assessed at $57,697. Specifically, the land the property is located on was valued at $13,567. While improvements on the property were assessed at a total of $44,130. 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 $3,780. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Exterior

Stucco Exterior

Parking

Paved Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220622
06/22/2022
Loft
-
-
$1,450,000
bedrooms
Loft
bathrooms
-
-
-
-
David Arustamian
Russ Lyon Sotheby's International Realty
20211124
11/24/2021
Loft
-
-
$1,450,000
bedrooms
Loft
bathrooms
-
-
-
-
David Arustamian
Russ Lyon Sotheby's International Realty

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 4
  • Bedroom Count: 0
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Tilt-up (pre-cast concrete)
  • Building Style: Duplex
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 935
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 42,042
  • Total Building Area: 4,315
  • Gross Building Area: 4,315
  • Building Area: 4,315
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,315
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ADAMS 21
  • Land Acres: 0.965
  • Standard Land Use Code: Duplex (2 units, any combination)
  • State Land Use Code: Rail (right-of-way & track)
  • Legal Description 1: ADAMS 21 MCR 1563-50

Ownership

  • Current Owner : ADAMS PLACE APARTMENTS LLC
  • Previous Owner : ADAMS 21 LLC
  • Owner Before Previous Owner: SANJEL KRUM INVESTMENTS AZ LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • Census Tract: 114402

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 213
  • Parcel: 109-32-135
  • Block: 47
  • Lot: 1
  • Municipality: PHOENIX
  • Latitude: 33.4488
  • Longitude: -112.105

    Address

  • Full Address: 2121 W Adams St
  • Address - House Number: 2121
  • Street Direction: W
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C035
  • 4-Digit Zip Code: 5332
  • Zip Code: 85009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,780
  • Tax Rate Code Area: 011300

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 1,275,275
  • High Value: 1,351,618
  • Low Value: 1,198,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,971,000
  • First Open Lien Mortgage Lender: ACA FAMILY OFFICE CONSULTANTS
  • First Open Lien Mortgage Recording Date: Oct 20, 2023
  • First Open Lien Mortgage Loan Amount: $2,971,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2024

    Market Valuation

  • Market Total Value: $551,600
  • Market Land Value: $110,300
  • Market Improvement Value: $441,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,697
  • Assessed Land Value: $13,567
  • Assessed Improvements Value: $44,130

    Sales

  • Current Sale Contract Date: Sep 05, 2023
  • Current Sale Recording Date: Sep 05, 2023
  • Current Sale Transaction ID: 11912048690
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 464465
  • Previous Sale Recording Date: Feb 20, 2020
  • Previous Sale Contract Date: Feb 19, 2020
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ADAMS 21 LLC
  • First Mortgage Transaction Date: Sep 05, 2023
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 2
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Dec 01, 2023

About Central City



Similar Buildings

Land at 2121 West Adams Street,

2146 West Monroe Street

  • 1 Unit for Sale
  • 1 Story
2146 West Monroe Street, Phoenix, AZ 85009
Land at 2121 West Adams Street,

2025 West Jefferson Street

  • 1 Unit for Sale
  • 1 Story
2025 West Jefferson Street, Phoenix, AZ 85009
Land at 2121 West Adams Street,

2105 West Madison Street

  • 1 Unit for Sale
  • 1 Story
2105 West Madison Street, Phoenix, AZ 85009
Land at 2121 West Adams Street,

2345 West Monroe Street

  • 1 Unit for Sale
  • 1 Story
2345 West Monroe Street, Phoenix, AZ 85009
Land at 2121 West Adams Street,

1728 West Sherman Street

  • 1 Unit for Sale
  • 2 Stories
1728 West Sherman Street, Phoenix, AZ 85007
Land at 2121 West Adams Street,

1760 West Hadley Street

  • 1 Unit for Sale
  • 1 Story
1760 West Hadley Street, Phoenix, AZ 85007
Land at 2121 West Adams Street,

1729 West Sherman Street

  • 1 Unit for Sale
  • 1 Story
1729 West Sherman Street, Phoenix, AZ 85007

Nearby Rentals

Unit for rent at 917 S 5th Avenue, Phoenix, AZ, 85003

$2,200 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,500 ft²
917 S 5th Avenue #1, Phoenix, AZ, 85003 Listing by Elliot L Barkan
Unit for rent at 326 N. 17th Dr., Phoenix, AZ, 85007

$2,200 /mo

  • Studio
  • 1 Bath
  • 320 ft²
326 N. 17th Dr. #326 N. 17th Dr. - #3, Phoenix, AZ, 85007 Listing by Manager
Unit for rent at 953 W Cocopah Street, Phoenix, AZ, 85007

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,421 ft²
953 W Cocopah Street, Phoenix, AZ, 85007 Listing by Manager
Unit for rent at 425 N 17th Dr - Main, PHOENIX, AZ, 85007

$1,895 /mo

  • 2 Beds
  • 2 Baths
  • 882 ft²
425 N 17th Dr - Main #425 N 17TH DR - MAIN, PHOENIX, AZ, 85007 Listing by Manager

Frequently Asked Questions

What neighborhood is 2121 West Adams Street located in?
The 2121 West Adams Street is a land located in the neighborhood of Central City in Central City, Phoenix.
How many listings are currently for sale in 2121 West Adams Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 2121 West Adams Street?
The average sales price for units in 2121 West Adams Street is $1,440,000 currently.

Nearby Counties
Quantcast