NOT LISTED FOR SALE
-- Bed
-- Bath
10,669 Sq Ft
3.53 Acres

Last Sold August 28, 2013

Last sale price $739,000 $69 Per Sq Ft

43 Days on Market

Highlights

  • 3.53 Acre Lot
  • Community Kitchen
  • Concrete Flooring
  • Mercury Mine Elementary School Rated A
  • Central Air
  • Multiple Heating Units

About This Home

As of August 2013

An existing church facility in a great location fronting the 51 Freeway being sold '' AS IS ''. Approximate auditorium seating for 200, offices, education classrooms, nursery, kitchen/fellowship hall, paved parking and room for expansion on this 3.53 acres of land. Cell tower does not convey with the property.

Last Agent to Sell the Property

Earle Shroyer

Realty Executives License #SA017007000 Listed on: 06/25/2013

Realty Executives

Last Buyer's Agent

Earle Shroyer

Realty Executives

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $59,375

Year Built

  • Built in 1963

Lot Details

  • 3.53 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned R1-10

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 10,669 Sq Ft Home
  • Concrete Flooring

Parking

  • 61 Open Parking Spaces
  • 61 Parking Spaces

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 165-27-077

Community Details

Overview

  • 4 Buildings
  • Building Dimensions are Irregular

Amenities

  • Community Kitchen
  • Meeting Room

Building Details

  • Operating Expense $5
  • Gross Income $1
  • Net Operating Income $1

Property Details

Property Type

Other

Est. Annual Taxes

$59,375

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 32nd St. and Shea Blvd
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R1-10
  • Current Use: Religious Facility
  • Number Of Buildings: 4
  • Year Built: 1963
  • Tax Year: 2013
  • Directions: North on 51 Fwy, exit 32nd St. Ramp, drive north to Cheryl Dr., subject property on the SW corner of 32nd St and Cheryl.
  • Lot Size Acres: 3.53
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block, Chain Link
  • Construction Type: Frame - Wood, Stucco, Block
  • Roof: Built-Up, Metal
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 61.0
  • Total Parking Spaces: 61.0
  • General Property Description:Uncvrd Parking Spcs: 61.0
  • General Property Description:Total Parking Spcs: 61.0
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump, Central A/C, Wall/Window Unit(s)
  • Heating: Heat Pump, 2 or More Units, Electric, Natural Gas
  • Green Building Features: Conference Room, Kitchen, Raised Floor
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes

Fee Information

  • Annual Fuel Expense: 1.0
  • Annual Water Sewer Expense: 1.0

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 153767.0
  • Additional Parcels: No
  • Parcel #: 165-27-077
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1.0
  • Annual Gross Income: 1.0
  • Insurance Expense: 1.0
  • Property Net Operating Income: 1.0
  • Annual Operating Expense: 5.0

Tax Info

  • Tax Book Number: 165.00
  • Tax Lot: 0
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2024
Sold by
Forest Glen Phoenix Llc
Bought by
Falk Investments-Phoenix Llc
Total Days on Market
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Outstanding Balance
$14,887,163
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2019
Sold by
Exaltation Of The Holy Cross Orthodox Cu
Bought by
Forest Glen Phoenix Llc

Purchase Details

Listed on
Jun 25, 2013
Closed on
Aug 29, 2013
Sold by
Christ The King Evangelical Lutheran Chu
Bought by
Exaltation Of The Holy Cross Orthodox Ch
Seller's Agent
Earle Shroyer
Realty Executives
Buyer's Agent
Earle Shroyer
Realty Executives
List Price
$789,000
Sold Price
$739,000
Premium/Discount to List
-$50,000
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,909
Interest Rate
4.33%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Falk Investments-Phoenix Llc $2,130,428 First American Title Insurance
Forest Glen Phoenix Llc $1,400,000 First American Title Insuran
Exaltation Of The Holy Cross Orthodox Ch $739,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falk Investments-Phoenix Llc $15,000,000
Previous Owner Forest Glen Phoenix Llc $0
Previous Owner Exaltation Of The Holy Cross Orthodox Ch $526,909
Previous Owner Christ The King Lutheran Church $12,483
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Sold $739,000 -6.3% $69 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $789,000 -- $74 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $59,375 $596,484 -- --
2024 $58,131 $568,080 -- --
2023 $58,131 $816,970 $98,490 $718,480
2022 $57,547 $731,650 $99,520 $632,130
2021 $57,717 $721,660 $99,520 $622,140
2020 $19,593 $287,220 $287,220 $0
2019 $6,536 $51,945 $51,945 $0
2018 $7,597 $82,140 $82,140 $0
2017 $0 $92,565 $92,565 $0
2016 $0 $86,460 $86,460 $0
2015 -- $56,736 $56,736 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4957756

Arizona Regional Multiple Listing Service (ARMLS)

APN: 165-27-077