Taxes
- Assessed Value: $4,962,009
- Assessed Year: 2025
- Assessed County: Maricopa
- APN: 124-16-014
- Market Land Value: 8163600
- Tax Amount: 633246.64
- Tax Year: 2025
- Market Value: 46747644
- Market Year: 2025
424 S 56th St; Phoenix, AZ Property Details
Off market
424 S 56th St Phoenix, AZ 85034
$4,962,009 Estimated Value
252,650 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1997
- Purchase Price: $57,500,000
- Open Loans / Balance: 1 / $24,668
- APN: 124-16-014
- Situs County: Maricopa
- Length Of Ownership: 1 year, 7 months
Structure
- Building Style: Tilt-up (pre-cast concrete)
- Stories: 1
- Building Quality: D
- Sewer Type: Municipal
Measurements
- Total: 252,650/SqFt
- Lot: 1,117,571/SqFt
- Gross: 252,650/SqFt
- Living: 252,650/SqFt
- Building: 252,650/SqFt
- Ground: 252,650/SqFt
- Price Per Square Foot: $227.59
Legal Description
- Description: PAPAGO PARK CENTER INDUSTRIAL UNIT 2 MCR 423-07
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: A / High Risk
- School District: Phoenix Union High School District
- Lat / Lon: 33.442932 / -111.96184
- Subdivision: Papago Park Center Industrial Unit 2
- Property Class: Office
- Zoning: A2
- County Use Code: 1511
Amenities
- Plus Four: 2108
- Cooling: Chilled Water
- Heating: Hot Water
Ownership Info
424 S 56th St has no associated ownership info
424 S 56th St has no associated ownership info.
Taxes
424 S 56th St has 9 associated Taxes items
424 S 56th St, Phoenix, AZ pays taxes in Maricopa County, AZ. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $4,962,009. The APN we've located for 424 S 56th St is 124-16-014.
Unlock the full reportTax History
424 S 56th St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $4,962,009 | Land Value | Improvement Value | Tax Amount $633,246.62 | Change Rate +0.031109% | Assessed CR | Tax Rate +0.127619% |
| Year 2024 | Assessed Value $4,870,079 | Land Value | Improvement Value | Tax Amount $614,141.31 | Change Rate -0.019814% | Assessed CR | Tax Rate +0.126105% |
| Year 2023 | Assessed Value $8,239,033 | Land Value $1,092,250 | Improvement Value $7,146,783 | Tax Amount $626,556.19 | Change Rate +0.004608% | Assessed CR | Tax Rate +0.076047% |
| Year 2022 | Assessed Value $7,160,923 | Land Value $560,395 | Improvement Value $6,600,528 | Tax Amount $623,682.38 | Change Rate -0.043695% | Assessed CR | Tax Rate +0.087095% |
| Year 2021 | Assessed Value $6,391,782 | Land Value $637,434 | Improvement Value $5,754,348 | Tax Amount $652,179.62 | Change Rate +0.069329% | Assessed CR | Tax Rate +0.102034% |
| Year 2020 | Assessed Value $4,185,188 | Land Value $427,994 | Improvement Value $3,757,194 | Tax Amount $609,896.19 | Change Rate -0.190816% | Assessed CR | Tax Rate +0.145727% |
| Year 2019 | Assessed Value $6,074,007 | Land Value $546,657 | Improvement Value $5,527,350 | Tax Amount $753,717.69 | Change Rate +0.061626% | Assessed CR | Tax Rate +0.124089% |
| Year 2018 | Assessed Value | Land Value | Improvement Value | Tax Amount $709,965.56 | Change Rate +0.043927% | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value $5,680,539 | Land Value $853,965 | Improvement Value $4,826,574 | Tax Amount $680,091.12 | Change Rate +0.049715% | Assessed CR | Tax Rate +0.119723% |
| Year 2016 | Assessed Value $4,268,850 | Land Value $512,807 | Improvement Value $3,756,043 | Tax Amount $647,881.69 | Change Rate -0.00204% | Assessed CR | Tax Rate +0.15177% |
| Year 2015 | Assessed Value $4,381,863 | Land Value $521,486 | Improvement Value $3,860,377 | Tax Amount $649,206.38 | Change Rate +1.146956% | Assessed CR | Tax Rate +0.148158% |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $302,384.53 | Change Rate | Assessed CR | Tax Rate |