NOT LISTED FOR SALE

Estimated Value: $7,706,172

-- Bed
-- Bath
23,504 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 10, 2018

Last sale price $6,277 $0 Per Sq Ft

Est. 122,668% increase in value since last sale

Current estimated payment $43,796/month

104 Days on Market

Highlights

  • 1.67 Acre Lot
  • Central Air
  • Heating Available
  • Cherokee Elementary School Rated A
  • Partially Fenced Property

About This Home

As of May 2018

OFFICE & MEDICAL SUITES AVAILABLE FOR LEASE IN DESIRABLE CENTRAL PHOENIX LOCATION!!! Garden style with easy access to suites. Lush landscaping and fountains. Ample parking (87) spaces). Frontage on Tatum Boulevard near Paradise Valley Marketplace, Paradise Village Gateway and the 51 Freeway. Central location. Walk to restaurants and retail.

Last Agent to Sell the Property

David Genovese

Avison Young License #BR032969000 Listed on: 01/26/2018

Last Buyer's Agent

David Genovese

Avison Young License #BR032969000 Listed on: 01/26/2018

Property Details

Property Type

  • Other

Year Built

  • Built in 1986

Lot Details

  • 1.67 Acre Lot
  • Partially Fenced Property
  • Property is zoned C-0

Home Design

  • Wood Frame Construction
  • Metal Siding

Parking

  • 10 Open Parking Spaces
  • 12 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Tatum Acres 2 Lot 1 Tr A, B, & G Subdivision

Listing and Financial Details

  • Property Available on 1/28/18
  • Tax Lot 1
  • Assessor Parcel Number 168-08-019

Property Details

Property Type

Other

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: S/SWC N. Tatum Blvd. & E. Shea Blvd.
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: C-0
  • Current Use: Mixed Use, Medical/Dental, Office
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 75328.0
  • Lease Info Annual Lse Prc P S F: 22.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-10
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Floor Location: Suite A900
  • Lease Info Suite Size Avail Max: 7014
  • Year Built: 1986
  • Tax Year: 2017
  • Directions: SR 51 (Piestewa Pkwy) to E. Shea Blvd. east, then south on N. Tatum Blvd.
  • Lot Size Acres: 1.67
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: TATUM ACRES 2 LOT 1 TR A, B, & G
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Partial
  • Disclosures: Other (See Remarks)
  • Construction Type: Frame - Wood, Metal Siding
  • Roof: Other, See Remarks
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Other, See Remarks
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Fee Information

  • Parking Fee: Yes

Lot Info

  • Lot Size Sq Ft: 72658.0
  • Additional Parcels: No
  • Parcel #: 168-08-019
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2018-01-28

Multi Family

  • Leasable Area: 3424.0

Tax Info

  • Tax Annual Amount: 4893.15
  • Tax Book Number: 168.00
  • Tax Lot: 1
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Kcp Tatum Investments Llc
Bought by
Sh Properties Llc
Current Estimated Value
$7,706,172

Purchase Details

Closed on
May 25, 2017
Sold by
Tatum Corporate Center Llc
Bought by
Kcp Tatum Investments Llc

Purchase Details

Closed on
May 28, 2015
Sold by
Pv Tatum Corporate Center Llc
Bought by
Kci Tatum Corporate Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,950,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2014
Sold by
Gold Ring Holdings Llc
Bought by
Pv Tatum Corporate Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2013
Sold by
Clayton Tatum Llc
Bought by
Gold Ring Holdings Llc

Purchase Details

Closed on
Jun 15, 2007
Sold by
Orange Coast Specialties Project #2
Bought by
Clayton Tatum Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2007
Sold by
Frenkel Jane
Bought by
Frenkel Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.14%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sh Properties Llc $7,301,000 First Arizona Title
Kcp Tatum Investments Llc -- None Available
Belmont Tatum Llc $755,000 None Available
Kci Tatum Corporate Center Llc $2,950,000 First Arizona Title Agency L
Pv Tatum Corporate Center Llc $1,762,800 First American Title Ins Co
Gold Ring Holdings Llc $2,100,000 None Available
Clayton Tatum Llc $3,000,000 Fidelity National Title
Miller Leigh Llc $1,050,000 Fidelity National Title
Frenkel Tom -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kci Tatum Corporate Center Llc $2,950,000
Previous Owner Pv Tatum Corporate Center Llc $1,600,000
Previous Owner Clayton Tatum Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2018 05/10/18 Sold $6,277 0.0% $0 / Sq Ft
01/26/2018 01/26/18 For Sale $6,277 -- $0 / 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 $35,276 $435,230 -- --
2024 $35,615 $427,458 -- --
2023 $35,615 $544,969 $216,172 $328,797
2022 $35,163 $411,215 $200,970 $210,245
2021 $38,529 $418,878 $206,712 $212,166
2020 $37,961 $428,922 $215,946 $212,976
2019 $36,539 $397,476 $204,966 $192,510
2018 $35,137 $379,512 $201,456 $178,056
2017 $33,759 $355,716 $201,456 $154,260
2016 $32,889 $331,200 $189,180 $142,020
2015 $30,987 $332,964 $185,648 $147,316
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5714611

Arizona Regional Multiple Listing Service (ARMLS)

APN: 168-08-019