NOT LISTED FOR SALE

10565 N 114th St Unit 116 Scottsdale, AZ 85259

Shea Corridor Neighborhood

Estimated Value: $403,332

-- Bed
-- Bath
1,825 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $378,000 $207 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,450/month

35 Days on Market

About This Home

As of May 2023

MOVE-IN READY NORTH SCOTTSDALE OFFICE CONDO FOR SALE OR FOR LEASE

3 COVERED PARKING SPACES INCLUDED IN THE SALE |ADDITIONAL COST PER MONTH FOR LEASE
SOLID CORE DOORS | LOTS OF LIGHT | NICE WINDOW LINE
GREAT LOCATION WITH DIRECT ACCESS TO LOOP 101
PROFESSIONAL OFFICE COMPLEX WITH OFFICE/MEDICAL USES
IDEAL SPACE FOR: CPA'S, ATTORNEY'S, FINANCIAL SERVICES ANDMEDICAL

PURCHASE PRICE: $383,250.00 ( ±$210 PSF)
LEASE RATE: $19.50/SF/YR MODIFIED GROSS
SF AVAILABLE: ±1,825
4 OFFICES, CONFERENCE ROOM, RECEPTION WITH BEAUTIFUL BUILT-IN DESK
BULL PEN, BREAK AREA, STORAGE, COMMON RESTROOMS

Last Agent to Sell the Property

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 03/07/2023

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,533

Year Built

  • Built in 2005

Lot Details

  • 1,672 Sq Ft Lot
  • Property is zoned S-R

Home Design

  • 1,825 Sq Ft Home

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces

Community Details

  • Mirage Crossing Office Condominiums Subdivision

Listing and Financial Details

  • Tax Lot 208
  • Assessor Parcel Number 217-56-860

Property Details

Property Type

Other

Est. Annual Taxes

$2,533

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: S-R
  • Number Of Buildings: 1
  • Year Built: 2005
  • Tax Year: 2022
  • Lot Size Acres: 0.04
  • Subdivision Name: MIRAGE CROSSING OFFICE CONDOMINIUMS
  • Structure Type: Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Other
  • Construction Type: Other, See Remarks
  • Roof: See Remarks, Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Green Building Features: Other (See Remarks)
  • Heating:Other4: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 1672.0
  • Additional Parcels: No
  • Parcel #: 217-56-860
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Leasable Area: 1825.0

Tax Info

  • Tax Annual Amount: 2533.0
  • Tax Book Number: 217.00
  • Tax Lot: 208
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
May 4, 2023
Sold by
May Family Trust
Bought by
Jaipal R Kothakapu & Saritha Kothakapu Family
Seller's Agent
Jim Lieberthal
Cutler Commercial
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$383,250
Sold Price
$378,000
Premium/Discount to List
-$5,250
-1.37%
Views
9
Current Estimated Value
$403,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,332
Avg. Annual Appreciation
3.05%

Purchase Details

Closed on
Oct 20, 2006
Sold by
Mirage Crossing Office Llc
Bought by
May Kevin B and May Karen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.46%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jaipal R Kothakapu & Saritha Kothakapu Family $378,000 Equitable Title
May Kevin B $328,500 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner May Kevin B $225,000
Previous Owner May Kevin B $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $378,000 -1.4% $207 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $383,250 -- $210 / 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 $2,547 $36,504 -- --
2024 $2,594 $35,852 -- --
2023 $2,594 $47,107 $9,418 $37,689
2022 $2,533 $35,403 $7,070 $28,333
2021 $2,769 $33,786 $6,750 $27,036
2020 $3,050 $35,766 $7,146 $28,620
2019 $2,972 $34,398 $6,876 $27,522
2018 $2,983 $33,948 $6,786 $27,162
2017 $3,112 $35,226 $7,038 $28,188
2016 $3,246 $35,676 $7,128 $28,548
2015 $3,322 $42,051 $8,399 $33,652
Source: Public Records

Agents Affiliated with this Home

  • Jim Lieberthal

    Seller's Agent in 2023

    Jim Lieberthal

    Cutler Commercial

    (480) 427-1002

    5 in this area

    89 Total Sales

    Jim Lieberthal
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6528753

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-56-860

Arizona Maricopa County Scottsdale 85259 Shea Corridor

10565 N 114th St Unit 116, Scottsdale, AZ

This home is located at 10565 N 114th St Unit 116, Scottsdale, AZ 85259 since 07 March 2023 and is currently estimated at $403,332, approximately $221 per square foot. This property was built in 2005. 10565 N 114th St Unit 116 is a home located in Maricopa County with nearby schools including Laguna Elementary School, Mountainside Middle School, and Desert Mountain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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