NOT LISTED FOR SALE

Estimated Value: $594,199

Studio
-- Bath
3,385 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $300,000 $89 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,419/month

3 Days on Market

Highlights

  • Gated Community
  • Community Kitchen
  • Stone Flooring
  • Phoenix Coding Academy Rated A
  • Cafeteria
  • Chilled Water System

About This Home

As of August 2019

HERE IS AN AMAZING OPPORTUNITY to OWN an Excellent COMMERCIAL Property! Located in a High Demand Premium location! Just off I-17 and Central Ave! CLEAN & READY to keep current Candy Store Growing or make it a different Business! Open, Well lit layout! Pre-wired Freezers and Refrigeration! Private Quarters include a Break Room, with Kitchen Area and an Office with Attached Bathroom and Shower! New Plumbing with inch and quarter Copper from main to back! Newer 40 foot back Container, 4 individual separate spaces with electricity!! New gates! Back gate has a 16 ft opening for access! 2 Newer 4 Ton HVAC units & 1 2 ton mini split!! Newer 40 Gallon Water Heater! New Stucco & Paint! 2ft of NEW Rigid foam insulation! Solid 8x8x16 Block Walls filled Solid with Concrete! REMODELED in 2018!

Last Agent to Sell the Property

Dora Estrella

Mojica & Associates Real Estate License #SA635358000 Listed on: 07/25/2019

Last Buyer's Agent

Dora Estrella

Realty ONE Group License #SA635358000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,701

Year Built

  • Built in 1948

Lot Details

  • 8,470 Sq Ft Lot
  • Property fronts an alley
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • 3,385 Sq Ft Home
  • Tilt Up Walls
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Kitchen

  • Chilled Water System

Flooring

  • Stone
  • Concrete

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 113-13-032

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Showroom
  • Cafeteria

Additional Features

  • Eleven Palms Blk B, C Subdivision
  • Operating Expense $9,467
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$3,701

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: I-17 and Central Ave
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2018
  • Lot Size Acres: 0.19
  • Road Frontage Type: Alley
  • Road Surface Type: Concrete, Sidewalk(s)
  • Subdivision Name: ELEVEN PALMS BLK B, C
  • Structure Type: Other (See Remarks), Commercial, Office, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Stone, Concrete
  • Living Area: 3385.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Tilt-Up, Stucco, Block
  • Roof: See Remarks, Built-Up, Foam, Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Chiller System, Office A/C, Warehouse A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Showroom, Cafeteria, Kitchen, Showers - Office, Security Gate
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Showroom: Yes
  • Amenities:Security Gate: Yes
  • Amenities:Cafeteria: Yes

Fee Information

  • Annual Water Sewer Expense: 600.0

Lot Info

  • Lot Size Sq Ft: 8470.0
  • Parcel #: 113-13-032
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1800.0
  • Insurance Expense: 2136.0
  • Annual Operating Expense: 9467.0

Tax Info

  • Tax Annual Amount: 3701.0
  • Tax Book Number: 113.00
  • Tax Lot: 7
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2019
Closed on
Sep 10, 2019
Sold by
Orozco Maria Penaloza and Lorea Hector Gonzalez
Bought by
Creo Commercium Inc
Seller's Agent
Dora Estrella
Mojica & Associates Real Estate
Buyer's Agent
Dora Estrella
Realty ONE Group
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$594,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,199
Avg. Annual Appreciation
11.09%
Original Mortgage
$315,655
Outstanding Balance
$276,489
Interest Rate
3.6%
Mortgage Type
Seller Take Back
Estimated Equity
$309,733

Purchase Details

Listed on
Jul 25, 2019
Closed on
Sep 5, 2019
Sold by
Jdt Enterprises Llc
Bought by
Orozco Maria Penaloza and Lorea Hector Gonzalez
Seller's Agent
Dora Estrella
Mojica & Associates Real Estate
Buyer's Agent
Dora Estrella
Realty ONE Group
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,655
Outstanding Balance
$276,489
Interest Rate
3.6%
Mortgage Type
Seller Take Back
Estimated Equity
$309,733

Purchase Details

Closed on
May 17, 2019
Sold by
Torres Joe O
Bought by
Jdt Enterprises Llc

Purchase Details

Closed on
Nov 9, 2018
Sold by
Torres Joe O and Torres Michelle Dawn
Bought by
Torres Joe O

Purchase Details

Closed on
Jan 14, 2017
Sold by
Torres Destiney R
Bought by
Torres Joe O and Torres Michelle Dawn

Purchase Details

Closed on
Nov 2, 2015
Sold by
Jdt Enterprises Llc
Bought by
Torres Destiney R

Purchase Details

Closed on
Dec 23, 2013
Sold by
Woodring Sherry and Wedin Susan
Bought by
Jdt Enterprises Llc

Purchase Details

Closed on
Sep 6, 2007
Sold by
Holder James A
Bought by
Holder James A
Source: Public Records
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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
Creo Commercium Inc $350,000 Pioneer Title Agency Inc
Orozco Maria Penaloza $300,000 Pioneer Title Agency Inc
Jdt Enterprises Llc -- None Available
Torres Joe O -- None Available
Torres Joe O -- North American Title Company
Torres Destiney R -- None Available
Jdt Enterprises Llc $67,500 Chicago Title Agency Inc
Holder James A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creo Commercium Inc $315,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $300,000 -7.7% $89 / Sq Ft
07/25/2019 07/25/19 For Sale $325,000 0.0% $96 / Sq Ft
07/25/2019 07/25/19 Price Changed $325,000 +3.2% $96 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $315,000 -- $93 / 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 $3,738 $24,788 -- --
2024 $3,759 $24,346 -- --
2023 $3,759 $37,400 $12,767 $24,633
2022 $3,792 $32,043 $9,450 $22,593
2021 $3,979 $29,232 $9,720 $19,512
2020 $3,930 $29,556 $7,038 $22,518
2019 $3,803 $28,692 $5,814 $22,878
2018 $3,701 $32,130 $5,382 $26,748
2017 $3,527 $30,438 $5,616 $24,822
2016 $3,355 $22,914 $5,256 $17,658
2015 $3,246 $22,164 $5,236 $16,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5954338

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-13-032