NOT LISTED FOR SALE
Studio
-- Bath
14,685 Sq Ft
62,726 Sq Ft Lot

Last Sold April 30, 2020

Last sale price $965,000 $66 Per Sq Ft

83 Days on Market

About This Home

As of April 2020

• Freestanding Flex Building
• +/- 14,685 SF
• Located on +/- 1.44 Acre Lot
• For Sale: $1,325,000.00 ($90.23 PSF)
• Approximately 4,873 SF Occupied - Lease Extending to May 2023
• Billboard Generating Income
• Large Fenced Yard
• Four (4) Roll-Up Doors
• Large Monument Sign on Southern Avenue
• Convenient Access to US 60 Freeway

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 11/19/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,660

Year Built

  • Built in 1981

Lot Details

  • 1.44 Acre Lot
  • Property is zoned LI

Home Design

  • 14,685 Sq Ft Home

Parking

  • 62 Open Parking Spaces
  • 62 Parking Spaces
  • Paved Parking

Community Details

  • Mesa Spur 2 Subdivision
  • Operating Expense $13,660

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 139-32-035

Property Details

Property Type

Other

Est. Annual Taxes

$13,660

Year Built

Built in 1981

Lot Details

1.44 Acres

Listing Details

  • Cross Street: E Southern Ave & S Lewis
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: LI
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 1981
  • Tax Year: 2019
  • Lot Size Acres: 1.44
  • Subdivision Name: MESA SPUR 2
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 14685.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 62.0
  • Total Parking Spaces: 62.0
  • General Property Description:Uncvrd Parking Spcs: 62.0
  • General Property Description:Total Parking Spcs: 62.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 62726.4
  • Parcel #: 139-32-035
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 13660.0

Tax Info

  • Tax Annual Amount: 13660.0
  • Tax Book Number: 139.00
  • Tax Lot: 33
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Apr 29, 2020
Sold by
Caveman Enterprises Inc
Bought by
Angus Hobdell Inc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,325,000
Sold Price
$965,000
Premium/Discount to List
-$360,000
-27.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$695,032
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2011
Sold by
Zions First National Bank
Bought by
Caveman Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2007
Sold by
Case Properties Lp
Bought by
L J B Enterprises Llc

Purchase Details

Closed on
Dec 15, 2002
Sold by
Mellen Andy
Bought by
Case Properties Ltd Partnership

Purchase Details

Closed on
Jan 28, 1999
Sold by
Cuthbertson Gary L
Bought by
Mellen Andy and The Landmark Realty Advisors L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 10, 1998
Sold by
Cuthbertson Jo Ann S
Bought by
Cuthbertson Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 24, 1997
Sold by
Gary Outdoor Advertising
Bought by
Cuthbertson Gary L
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
Angus Hobdell Inc $965,000 Fidelity Natl Ttl Agcy Inc
Caveman Enterprises Inc $500,000 Lsi Title Agency
L J B Enterprises Llc $1,205,000 Capital Title Agency Inc
Case Properties Ltd Partnership $1,140,000 Stewart Title & Trust
Mellen Andy $658,000 Stewart Title & Trust
Cuthbertson Gary L -- Stewart Title & Trust
Cuthbertson Gary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angus Hobdell Inc $780,000
Previous Owner Caveman Enterprises Inc $425,000
Previous Owner Mellen Andy $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $965,000 -27.2% $66 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $1,325,000 -- $90 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $13,243 $134,228 -- --
2024 $14,113 $131,831 -- --
2023 $14,113 $214,047 $49,079 $164,968
2022 $14,228 $175,140 $50,680 $124,460
2021 $14,813 $164,070 $52,128 $111,942
2020 $14,620 $158,490 $45,810 $112,680
2019 $13,660 $152,622 $43,614 $109,008
2018 $13,110 $152,550 $40,212 $112,338
2017 $12,719 $124,758 $39,042 $85,716
2016 $12,483 $111,762 $33,948 $77,814
2015 $12,059 $103,970 $29,526 $74,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6006704

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-32-035

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