NOT LISTED FOR SALE

Estimated Value: $4,145,773

Studio
-- Bath
6,000 Sq Ft
$691/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2017

Last sale price $315,000 $52 Per Sq Ft

Est. 1,216% increase in value since last sale

Current estimated payment $23,403 / mo

333 Days on Market

About This Home

As of April 2017

• 6,000 SF Building Contains Four Office Suites at 1,500 SF Each
• Well Maintained with Updated Roof and HVAC
• Currently Month to Month Leases; Tenants May Be Willing to Stay
• Excellent Building and Monument Signage
• Parking Ratio is 4:1000
• Within 3 Miles of the US-60 Superstition Freeway

Last Agent to Sell the Property

TJ Zaharis

COBE Real Estate, Inc. License #BR577140000 Listed on: 04/08/2016

Last Buyer's Agent

Casey Miles

HomeSmart License #SA662934000

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Property Details

Property Type

  • Other

Year Built

  • Built in 1984

Lot Details

  • 22,521 Sq Ft Lot
  • Property is zoned RM-4

Home Design

  • 6,000 Sq Ft Home
  • Brick Exterior Construction
  • Wood Frame Construction

Parking

  • 29 Open Parking Spaces
  • 29 Parking Spaces

Community Details

  • Operating Expense $8,725

Listing and Financial Details

  • Tax Lot 138-20-025A
  • Assessor Parcel Number 138-20-025-A

Property Details

Property Type

Other

Year Built

Built in 1984

Lot Details

0.52 Acres

Listing Details

  • Cross Street: E University Ave & N Stapley Drive
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: RM-4
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2015
  • Lot Size Acres: 0.52
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Brick
  • Roof: See Remarks, Other
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 29.0
  • Total Parking Spaces: 29.0
  • General Property Description:Uncvrd Parking Spcs: 29.0
  • General Property Description:Total Parking Spcs: 29.0
  • Parking:Paved 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

Lot Info

  • Lot Size Sq Ft: 22521.0
  • Additional Parcels: No
  • Parcel #: 138-20-025-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 8724.86

Tax Info

  • Tax Annual Amount: 8724.86
  • Tax Book Number: 138.00
  • Tax Lot: 138-20-025A
  • Tax Map Number: 20.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Bought by
Current Estimated Value
$4,145,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,562,500
Outstanding Balance
$3,517,098
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$628,675

Purchase Details

Closed on
Feb 14, 2025
Sold by
Bought by

Purchase Details

Closed on
May 30, 2023
Sold by
Bought by

Purchase Details

Closed on
May 11, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 8, 2016
Closed on
Apr 13, 2017
Sold by
Bought by
Seller's Agent
TJ Zaharis
COBE Real Estate, Inc.
Buyer's Agent
Casey Miles
HomeSmart
List Price
$429,000
Sold Price
$315,000
Premium/Discount to List
-$114,000
-26.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.01%
Original Mortgage
$220,500
Interest Rate
4.21%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,117,717 First American Title Insurance
$1,300,000 Chicago Title Agency
$970,000 Chicago Title Agency
$600,000 Old Republic Title Agency
$315,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,562,500
Previous Owner $500,000
Previous Owner $220,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/24/2017 04/24/17 Sold $315,000 -26.6% $53 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
04/08/2016 04/08/16 For Sale $429,000 -- $72 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,409 $75,102
2024 $7,897 $73,761
2023 $7,897 $101,796 $42,704 $59,092
2022 $7,961 $108,955 $33,180 $75,775
2021 $8,288 $97,902 $34,128 $63,774
2020 $8,180 $93,132 $23,454 $69,678
2019 $7,643 $64,314 $23,652 $40,662
2018 $7,335 $65,682 $21,114 $44,568
2017 $7,117 $57,186 $19,548 $37,638
2016 $7,179 $55,980 $17,442 $38,538
2015 $8,725 $70,486 $15,855 $54,631
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5425416

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-20-025A

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