$2,100,000
SOLD DEC 16, 2024
-- Bed
-- Bath
4,221 Sq Ft
1.15 Acres

Recently Sold

$498 Per Sq Ft

5% Below List Price

42 Days on Market

Highlights

  • 1.15 Acre Lot
  • Community Kitchen
  • Central Air
  • Sonoran Trails Middle School Rated A-
  • Display Windows
  • Concrete Flooring

About This Home

As of December 2024

Zoned C-2 allowing for broad use of space and opportunities. Currently used as event center with car enthusiasts theme!! Walking distance from the Four Season's Resort inside Troon Village shopping center, a dynamic and well-positioned site; this commercial grade built property offers a spacious 4,220 SF floor plate with a 2,340 SF second-floor mezzanine, outfitted as an catering event center with two roll-up garage doors, four separate entrances, six A/C units, and a front-side patio with misters, the space is adaptable for various business uses. It can be sold turn key at full ask.

Last Agent to Sell the Property

Frank Aazami

Russ Lyon Sotheby's International Realty License #SA581280000 Listed on: 10/26/2024

Russ Lyon Sotheby's International Realty

Co-Listed By

Ioana Mihaela O'Connor

Russ Lyon Sotheby's International Realty License #SA652035000

Last Buyer's Agent

Frank Aazami

Russ Lyon Sotheby's International Realty License #SA581280000 Listed on: 10/26/2024

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,925

Year Built

  • Built in 2004

Home Design

  • Tile Roof
  • Block Exterior

Interior Spaces

  • 4,221 Sq Ft Home
  • Display Windows
  • Concrete Flooring

Parking

  • Public Parking
  • 4,220 Covered Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Crescent Moon Ranch Subdivision
  • Community Kitchen
  • Operating Expense $5,451

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 216-80-148

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,925

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: JOMAX AT ALMA SCHOOL RD
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Condominium
  • Year Built: 2004
  • Tax Year: 2024
  • Directions: From Happy Valley, head towards Jomax and Alma School Rd Cross Roads; property on the north side of Jomax.
  • Lot Size Acres: 1.15
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Crescent Moon Ranch
  • Structure Type: Other (See Remarks), Commercial, Office
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Flooring: Concrete
  • Living Area: 4221.0

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm, ALTA Survey Availbl
  • Construction Type: Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4220.0
  • Parking Features: Paved Parking, Private Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 210.0
  • Total Parking Spaces: 4430.0
  • General Property Description:Covered Parking Spcs: 4220.0
  • General Property Description:Uncvrd Parking Spcs: 210.0
  • General Property Description:Total Parking Spcs: 4430.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: Over 220 Amp, Individual Meter, APS
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Kitchen, Display Window(s)
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size Sq Ft: 50000.0
  • Parcel #: 216-80-148
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5451.0
  • Leasable Area: 4221.0

Tax Info

  • Tax Annual Amount: 4925.0
  • Tax Book Number: 216.00
  • Tax Lot: 005
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Dec 16, 2024
Sold by
Alpios Troon Llc
Bought by
Eleven Llc
Seller's Agent
Frank Aazami
Russ Lyon Sotheby's International Realty
Buyer's Agent
Frank Aazami
Russ Lyon Sotheby's International Realty
List Price
$2,200,000
Sold Price
$2,100,000
Premium/Discount to List
-$100,000
-4.55%
Views
23
Current Estimated Value
$2,172,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,577
Avg. Annual Appreciation
4.91%
Original Mortgage
$1,500,000
Outstanding Balance
$1,494,760
Interest Rate
6.72%
Mortgage Type
Seller Take Back
Estimated Equity
$675,852

Purchase Details

Closed on
Aug 19, 2016
Sold by
Revocabl Barbara Alpio Anthony and Revocabl Alpio Anthony Barbara
Bought by
Alpio At Troon Llc

Purchase Details

Closed on
Jul 24, 2015
Sold by
Mohawk Partners Llc
Bought by
Revocabl Barbara Alpio Anthony

Purchase Details

Closed on
Feb 21, 2014
Sold by
Franklin Pacific Finance Lllp
Bought by
Mohawk Partners Llc

Purchase Details

Closed on
May 11, 2005
Sold by
Ptarmigan Properties & Development Lc
Bought by
Franklin Pacific Finance Llp
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $2,100,000 Wfg National Title Insurance C
Interfamily Deed Transfer -- None Available
Cash Sale Deed $494,000 Chicago Title Agency Inc
Cash Sale Deed $450,000 First American Title Ins Co
Cash Sale Deed $1,200,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 Seller Take Back
Previous Owner $8,662,000 Unknown
Previous Owner $5,336,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $2,100,000 -4.5% $498 / Sq Ft
12/08/2024 12/08/24 Pending -- -- --
10/26/2024 10/26/24 For Sale $2,200,000 -- $521 / 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 $4,925 $86,709 -- --
2024 $4,853 $85,161 -- --
2023 $4,853 $120,870 $24,174 $96,696
2022 $4,812 $107,118 $21,420 $85,698
2021 $5,375 $107,334 $21,456 $85,878
2020 $5,279 $105,408 $21,078 $84,330
2019 $5,121 $84,474 $16,884 $67,590
2018 $4,980 $82,404 $16,470 $65,934
2017 $4,797 $78,048 $15,606 $62,442
2016 $4,775 $71,136 $14,220 $56,916
2015 $4,641 $61,550 $12,303 $49,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6776200

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-80-148