NOT LISTED FOR SALE

10575 N 114th St Unit 100 Scottsdale, AZ 85259

Shea Corridor Neighborhood

Estimated Value: $579,746

-- Bed
-- Bath
22,517 Sq Ft
$26/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $516,000 $23 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,453/month

133 Days on Market

About This Home

As of June 2023

OFFICE CONDO FOR SALE

Property Size: ±2,520 SF of which ±1,044 SF is occupied by National Credit Tenant (Edward Jones).

Available SF for Owner/User: ± 1,476 SF including ±200 SF Shared Break Room

10575 North 114th Street is centrally located which fronts East Shea Blvd, blocks away from the premier retail & restaurants. The surrounding amenities make this an ideal environment for office, medical and service businesses.

Association Fees: $651.46 Month
Two (2) Covered Parking Spaces Included.

Tenant: Financial investment firm (Edward Jones) occupies ±1,044 SF through 8/31/2027 paying $19,500.00 per year with increases. Edward Jones has occupied the property since 2017.

Last Agent to Sell the Property

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 12/12/2022

Last Buyer's Agent

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 12/12/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,581

Year Built

  • Built in 2001

Lot Details

  • 2,259 Sq Ft Lot
  • Property is zoned S-R

Home Design

  • 22,517 Sq Ft Home

Parking

  • 2 Open Parking Spaces
  • 51,002 Parking Spaces
  • 51,000 Covered Spaces

Community Details

  • Mirage Crossing Office Condominiums Subdivision
  • Operating Expense $10,856

Listing and Financial Details

  • Tax Lot 301
  • Assessor Parcel Number 217-56-861

Property Details

Property Type

Other

Est. Annual Taxes

$3,581

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: S-R
  • Number Of Buildings: 1
  • Year Built: 2001
  • Tax Year: 2022
  • Lot Size Acres: 0.05
  • 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: Other, See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 51000.0
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 51002.0
  • General Property Description:Covered Parking Spcs: 51000.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 51002.0
  • Parking:Other (See Remarks)24: Yes

Utilities

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

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 2259.0
  • Additional Parcels: No
  • Parcel #: 217-56-861
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 10856.36

Tax Info

  • Tax Annual Amount: 3581.0
  • Tax Book Number: 217.00
  • Tax Lot: 301
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Jun 1, 2023
Sold by
English Cameron L and English Fiona M
Bought by
P9 Productions Llc
Seller's Agent
Jim Lieberthal
Cutler Commercial
Buyer's Agent
Jim Lieberthal
Cutler Commercial
List Price
$529,200
Sold Price
$516,000
Premium/Discount to List
-$13,200
-2.49%
Views
1
Current Estimated Value
$579,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,746
Avg. Annual Appreciation
3.67%

Purchase Details

Closed on
Sep 11, 2020
Sold by
Lionheart Enterprise Company Llc
Bought by
English Cameron L and English Fiona M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,400
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2016
Sold by
Chew Fisher Capital Business Park Llc
Bought by
Lionheart Enterprise Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2002
Sold by
Mirage Crossing Office Llc
Bought by
Chew Fisher Capital Business Park Llc and Chew Fisher Capital Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.74%
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
P9 Productions Llc $516,000 Lawyers Title Of Arizona
English Cameron L -- First Arizona Title Agency
Lionheart Enterprise Company Llc $315,000 First Arizona Title Agency
Chew Fisher Capital Business Park Llc $550,615 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner English Cameron L $231,400
Previous Owner Lionheart Enterprise Company Llc $252,000
Previous Owner Fenix Financial Forensics Llc $400,000
Previous Owner Chew Fisher Capital Business Park Llc $380,000
Previous Owner Chew Fisher Capital Business Park Llc $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $516,000 -2.5% $23 / Sq Ft
05/19/2023 05/19/23 For Sale $529,200 0.0% $24 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/20/2023 04/20/23 Pending -- -- --
02/14/2023 02/14/23 Price Changed $529,200 -4.5% $24 / Sq Ft
12/09/2022 12/09/22 For Sale $554,400 -- $25 / 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 $3,600 $51,596 -- --
2024 $3,666 $50,674 -- --
2023 $3,666 $67,014 $13,396 $53,618
2022 $3,581 $49,963 $9,993 $39,970
2021 $3,913 $47,754 $9,540 $38,214
2020 $4,354 $51,048 $10,206 $40,842
2019 $4,231 $48,960 $9,792 $39,168
2018 $4,204 $47,844 $9,558 $38,286
2017 $4,424 $50,076 $10,008 $40,068
2016 $4,669 $51,318 $10,260 $41,058
2015 $4,779 $59,349 $11,859 $47,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6497816

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-56-861