Check Availability

357 West Pierson Street

357 West Pierson Street, Phoenix, AZ 85013
Property in Pierson Place
Sold Nov 01, 2019
$3,250,000
$2,244,000 by Cbre Multifamily Capital Llc
Mortgage
Sold Sep 11, 2017
$2,220,000
$850,000 by Washington Federal Na
Mortgage
357 West Pierson 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 1958 and is 66 years old. The building has a total of 2 stories. In addition, 357 West Pierson Street has 15,956 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 37,958 square feet.

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 garage for those who require parking. The garage measured 100 sqft. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of concrete block. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Oct 28, 2019 for $3,250,000. That's $203.69 per sqft. Prior to that sales transaction, the property was also sold in Sep 7, 2017 for $2,220,000. 357 West Pierson Street was last assessed in 2023. The total value of the property was assessed at $327,080. Specifically, the land the property is located on was valued at $65,410. While improvements on the property were assessed at a total of $261,670. 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 $11,342. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Tilt-up (pre-cast concrete)
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 20
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 100
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 37,958
  • Total Building Area: 15,956
  • Gross Building Area: 15,956
  • Building Area: 15,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 15,956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PIERSON PLACE
  • Land Acres: 0.871
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: PIERSON PLACE MCR 16/03

Ownership

  • Current Owner : 3910 GIRARD PP PROPERTIES LLC
  • Current Owner 2: FAST FLYER PP LLC
  • Previous Owner : BRANDON JEFFREY L
  • Previous Owner 2: BRANDON DONALD M
  • Owner Before Previous Owner: 357 PIERSON LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 108802

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 1603
  • Parcel: 155-35-011-A
  • Block: 2
  • Lot: 8
  • Meridian: SEC 20 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.507
  • Longitude: -112.079

    Address

  • Full Address: 357 W Pierson St
  • Address - House Number: 357
  • Street Direction: W
  • Address - Street Name: Pierson
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C016
  • 4-Digit Zip Code: 2543
  • Zip Code: 85013

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,342
  • Tax Rate Code Area: 081300

    Appraisal Valuation

  • Standard Deviation: 0.2987
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 40
  • Final Value: 4,749,076
  • High Value: 6,167,769
  • Low Value: 3,330,382

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,244,000
  • First Open Lien Mortgage Lender: CBRE MULTIFAMILY CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Nov 01, 2019
  • First Open Lien Mortgage Loan Amount: $2,244,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $3,270,800
  • Market Land Value: $654,100
  • Market Improvement Value: $2,616,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,080
  • Assessed Land Value: $65,410
  • Assessed Improvements Value: $261,670

    Sales

  • Current Sale Contract Date: Oct 28, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Transaction ID: 11672204097
  • Current Sale Price: $3,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190880894
  • Previous Sale Recording Date: Sep 11, 2017
  • Previous Sale Contract Date: Sep 07, 2017
  • Previous Sale Amount: $2,220,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CBRE MULTIFAMILY CAPITAL LLC
  • First Mortgage Transaction Date: Nov 01, 2019
  • First Mortgage Loan Amount: $2,244,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON FEDERAL NA
  • Previous Mortgage Transaction Date: Sep 11, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $850,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Alhambra



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3427 N 12th Place, Phoenix, AZ, 85014

$995 /mo

  • 1 Bed
  • 1 Bath
  • 4,733 ft²
3427 N 12th Place #6, Phoenix, AZ, 85014 Listing by Amber Black
Unit for rent at 6044 N 21st Avenue, Phoenix, AZ, 85015

$999 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
6044 N 21st Avenue #1, Phoenix, AZ, 85015 Listing by Carrie DeRaps
Unit for rent at 4130 North 12th Street, Phoenix, AZ, 85014

$875 /mo

  • Studio
  • 1 Bath
  • 400 ft²
4130 North 12th Street #4130 North 12th Street, Phoenix, AZ, 85014 Listing by Manager
Unit for rent at 4728 N 15th St, Phoenix, AZ, 85014

$995 /mo

  • Studio
  • 1 Bath
  • 450 ft²
4728 N 15th St #4728 N 15th St, Phoenix, AZ, 85014 Listing by Rise Biltmore

Frequently Asked Questions

What neighborhood is 357 West Pierson Street located in?
The 357 West Pierson Street is a located in the neighborhood of Pierson Place in Alhambra, Phoenix.
What is the average sales price for listings in 357 West Pierson Street?
The average sales price for units in 357 West Pierson Street is $0 currently.

Nearby Counties
Quantcast