NOT LISTED FOR SALE

1031 Detroit Ave Kingman, AZ 86401

Estimated Value: $3,952,726

-- Bed
-- Bath
18,428 Sq Ft
$214/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $1,511,000 $82 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $21,181/month

About This Home

As of July 2019

This is an opportunity to acquire a strategically located and well-established facility! The Gardens has maintained a favorable reputation and stable management in the Kingman area since 1990. The Gardens location has great access off the I-40 and has convenient services nearby including a hospital, multiple medical providers, lodging, restaurants and numerous retailers.

Last Agent to Sell the Property

David Genovese

Avison Young License #BR032969000 Listed on: 04/02/2019

Last Buyer's Agent

David Genovese

Avison Young License #BR032969000 Listed on: 04/02/2019

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,988

Year Built

  • Built in 1990

Lot Details

  • 1.29 Acre Lot
  • Property is zoned C-2

Home Design

  • 18,428 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof

Parking

  • 41 Open Parking Spaces
  • 41 Parking Spaces

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 303-02-089-D

Property Details

Property Type

Other

Est. Annual Taxes

$7,988

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Cross Street: I-40 & Stockton Hill Rd
  • Legal Info Range: 17W
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Medical/Dental
  • Number Of Buildings: 1
  • Year Built: 1990
  • Tax Year: 2018
  • Lot Size Acres: 1.29
  • Structure Type: Other (See Remarks)
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Other, See Remarks
  • Construction Type: Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 41.0
  • Total Parking Spaces: 41.0
  • General Property Description:Uncvrd Parking Spcs: 41.0
  • General Property Description:Total Parking Spcs: 41.0
  • Parking:Public Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 56011.0
  • Additional Parcels: No
  • Parcel #: 303-02-089-D
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7988.0
  • Tax Book Number: 303.00
  • Tax Lot: 2
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Zenith Behavioral Health and Montare Hospitals Llc
Bought by
1031 Detroit Llc
Current Estimated Value
$3,952,726

Purchase Details

Closed on
Mar 28, 2022
Sold by
Longiflora Llc
Bought by
Happy Cock Holdings Llc

Purchase Details

Closed on
Oct 17, 2018
Sold by
Lnw Limted Partnership
Bought by
Longiflora Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,133,250
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 26, 2013
Sold by
Lincom Development Inc
Bought by
Lnw Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2004
Sold by
Kingman Assisted Living Center Lp
Bought by
Lincom Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.27%
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
1031 Detroit Llc $3,925,000 None Listed On Document
Zenith Behavioral Health $2,200,000 Pioneer Title Agency
Happy Cock Holdings Llc $2,000,000 Stewart Title & Trust Of Phoen
Longiflora Llc $1,511,000 Pioneer Title Agency Inc
Lnw Limited Partnership -- Pioneer Title Agency Inc
Lincom Development Inc $800,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Longiflora Llc $1,133,250
Previous Owner Lnw Limited Partnership $250,000
Previous Owner Lincom Development Inc $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2019 07/12/19 Sold $1,511,000 -13.7% $82 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $1,750,000 +15.8% $95 / Sq Ft
02/28/2019 02/28/19 Sold $1,511,000 -13.7% $82 / Sq Ft View Prior Sale
10/10/2018 10/10/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $1,750,000 -- $95 / 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
2026 $4,684 -- -- --
2025 $8,806 $234,954 $0 $0
2024 $8,806 $224,205 $0 $0
2023 $8,806 $190,292 $0 $0
2022 $8,173 $181,843 $0 $0
2021 $8,461 $152,786 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5905096

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-02-089D