NOT LISTED FOR SALE

5008 E Thomas Rd Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $44,057,782

1 Bed
1 Bath
555 Sq Ft
$79,383/Sq Ft Est. Value

About This Home

This home is located at 5008 E Thomas Rd, Phoenix, AZ 85018 and is currently estimated at $44,057,782, approximately $79,383 per square foot. 5008 E Thomas Rd is a home located in Maricopa County with nearby schools including Tavan Elementary School, Ingleside Middle School, and Arcadia High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2022
Sold by
Tides 50 Lc
Bought by
Parq On 50Th Investors 1 Llc
Current Estimated Value
$44,057,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,870,000
Outstanding Balance
$22,227,150
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$20,178,110

Purchase Details

Closed on
Jul 23, 2021
Sold by
Tides On 50Th Partners Llc
Bought by
Tides 50 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,523,500
Interest Rate
2.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2019
Sold by
Revival On Thomas Lp
Bought by
Tides On 50Th Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,789,000
Interest Rate
3.6%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Closed on
Oct 12, 2016
Sold by
Wyndham Partners Llc
Bought by
Tapia Karlos and Tapia Siobhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,950,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2016
Sold by
Wyndham Partners Llc
Bought by
Revival On Thomas Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,950,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2006
Sold by
Kai Kenneth Y and Kai Tae K
Bought by
Wyndham Partners Llc

Purchase Details

Closed on
May 15, 2006
Sold by
Wyndham Place Apartments Llc
Bought by
Kai Kenneth Y and Kaie Tae K

Purchase Details

Closed on
Oct 15, 1997
Sold by
White Arthur W
Bought by
White Howell & Hall Llc

Purchase Details

Closed on
Oct 14, 1997
Sold by
Hall Giles S
Bought by
White Howell & Hall Llc

Purchase Details

Closed on
Oct 1, 1997
Sold by
White Howell & Hall Llc
Bought by
Hall Giles S and White Arthur W

Purchase Details

Closed on
Mar 28, 1997
Sold by
Alchemedes/Raintree Ltd Partnership
Bought by
White Howell & Hall Llc

Purchase Details

Closed on
Nov 8, 1994
Sold by
Lincoln Tup Associates
Bought by
Alchemedes Raintree Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,050,000
Interest Rate
8.78%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parq On 50Th Investors 1 Llc $37,250,000 Chicago Title
Tides 50 Llc $34,275,000 Chicago Title Insurance Co
Tides On 50Th Partners Llc $21,000,000 Fidelity National Title Agcy
Tapia Karlos -- Chicago Title Agency Inc
Revival On Thomas Lp $10,600,000 Chicago Title Agency Inc
Wyndham Partners Llc -- Stewart Title & Trust Of Pho
Kai Kenneth Y $8,650,000 Stewart Title & Trust Of Pho
White Howell & Hall Llc $290,000 Stewart Title & Trust
White Howell & Hall Llc $290,000 Stewart Title & Trust
Hall Giles S -- --
White Howell & Hall Llc $4,650,000 First American Title
Alchemedes Raintree Ltd Partnership $3,650,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parq On 50Th Investors 1 Llc $22,870,000
Previous Owner Tides 50 Llc $27,523,500
Previous Owner Tides On 50Th Partners Llc $19,789,000
Previous Owner Revival On Thomas Lp $7,950,000
Previous Owner Wyndham Partners Llc $3,794,000
Previous Owner Alchemedes Raintree Ltd Partnership $3,050,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $55,041 $700,299 -- --
2024 $53,935 $666,951 -- --
2023 $53,935 $2,507,400 $501,480 $2,005,920
2022 $51,729 $2,051,550 $410,310 $1,641,240
2021 $53,614 $1,496,020 $299,200 $1,196,820
2020 $52,823 $1,475,020 $295,000 $1,180,020
2019 $50,845 $1,090,520 $218,100 $872,420
2018 $48,894 $778,870 $155,770 $623,100
2017 $46,976 $652,850 $130,570 $522,280
2016 $45,766 $546,120 $109,220 $436,900
2015 $41,953 $448,780 $89,750 $359,030
Source: Public Records

Map

Arizona Maricopa County Phoenix 85018 Camelback East Village

5008 E Thomas Rd, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 5008 E Thomas Rd, Phoenix, AZ 85018 and is currently estimated at $44,057,782, approximately $79,383 per square foot. 5008 E Thomas Rd is a home located in Maricopa County with nearby schools including Tavan Elementary School, Ingleside Middle School, and Arcadia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.