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3502 West Northern Avenue

3502 West Northern Avenue, Phoenix, AZ 85051
Commercial in Northern Village
Local assessors in Phoenix, AZ have categorized 3502 West Northern Avenue as a commercial type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 22,500 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 3502 West Northern Avenue has a total of 3,158 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. 3502 West Northern 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 a combination of material were used in the construction of the exterior walls of the home. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3502 West Northern Avenue sold most recently in Aug 24, 2021 for a total of $750,000. If you work out the math, that's approximately a cost of $237.49 per sqft. Before that, the property was also sold for $650,000 in Mar 23, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,936 in taxes each year. The initial year of tax delinquency occurred in 2022. 3502 West Northern Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $103,904. If we break it down further, the land itself was valued at $68,544. Improvements to the property, however, were assessed at a total of $35,360. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Paved Parking
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: 1962
  • Effective Year Built: 1962
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Steel
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,500
  • Total Building Area: 3,158
  • Gross Building Area: 3,158
  • Building Area: 3,158
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 3,158
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Building Type: Specialized buildings
  • Property Class: Commercial
  • Subdivision: NORTHERN VILLAGE
  • Land Acres: 0.517
  • Standard Land Use Code: Service station (full service)
  • Legal Description 1: NORTHERN VILLAGE MCR 80/19

Ownership

  • Current Owner : AZ PHX HOLDINGS I LLC
  • Previous Owner : W I T M ENTERPRISES INC
  • Owner Before Previous Owner: AZ PORTFOLIO PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washington Elementary District
  • Census Tract: 105702

Zoning

  • Zoning: C-C

Geography

  • Assessors Map Reference: 8019
  • Subdivision Tract Number: A
  • Parcel: 150-16-040-B
  • Meridian: SEC 34 TWN 3N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.5535
  • Longitude: -112.135

    Address

  • Full Address: 3502 W Northern Ave
  • Address - House Number: 3502
  • Street Direction: W
  • Address - Street Name: Northern
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C088
  • 4-Digit Zip Code: 5812
  • Zip Code: 85051

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,936
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 061300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: W I T ENTERPRISES INC
  • First Open Lien Mortgage Recording Date: Aug 25, 2021
  • First Open Lien Mortgage Loan Amount: $700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $611,200
  • Market Land Value: $403,200
  • Market Improvement Value: $208,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,904
  • Assessed Land Value: $68,544
  • Assessed Improvements Value: $35,360

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Transaction ID: 11850652725
  • Current Sale Price: $750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210916915
  • Previous Sale Recording Date: Mar 23, 2005
  • Previous Sale Contract Date: Mar 23, 2005
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: W I T ENTERPRISES INC
  • First Mortgage Transaction Date: Aug 25, 2021
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About North Mountain



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Frequently Asked Questions

What neighborhood is 3502 West Northern Avenue located in?
The 3502 West Northern Avenue is a commercial located in the neighborhood of Northern Village in North Mountain, Phoenix.
What is the average sales price for listings in 3502 West Northern Avenue?
The average sales price for units in 3502 West Northern Avenue is $0 currently.

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