NOT LISTED FOR SALE

Estimated Value: $780,155

-- Bed
-- Bath
2,580 Sq Ft
$302/Sq Ft Est. Value

Last Sold March 01, 2012

Last sale price $1,548 $1 Per Sq Ft

Est. 50,298% increase in value since last sale

Current estimated payment $4,526/month

99 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Skylights
  • Kyrene de la Paloma School Rated A-
  • Community Kitchen
  • Central Air

About This Home

As of March 2012

Great Flex Space with Excellent Location at intersection of San Tan 202 & I-10 Freeways. Front 1250 SF built out as office (see floor plan attached) and back 1250 SF warehouse. All offices/conference/reception/work spaces are Fully wired for Phone and Networked. IT room has dedicated A/C. Well layed out with nice finishes. Warehouse has 1 bay door and 1 man door and is Evap cooled. A/C cooled in warehouse office. 208/3 Phase Power, 200 amp panel installed, capacity to add additional 200 amps of power with additional meter and panel. New Plumbing fixtures throughout. Secure gate access to rear of warehouse area. Fully fire sprinkled.

Last Agent to Sell the Property

David Wilson

AZ-REP License #SA045357000 Listed on: 11/18/2011

Co-Listed By

Brent Hickey

Central Real Estate Co License #BR014018000

Last Buyer's Agent

Karina Ortega

American Allstar Realty License #SA639461000

Property Details

Property Type

  • Other

Year Built

  • Built in 1988

Lot Details

  • Security Fence
  • Property is zoned I-1

Home Design

  • Built-Up Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 2,580 Sq Ft Home
  • Skylights

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heating Available
  • 220 Volts

Listing and Financial Details

  • Property Available on 11/18/11
  • Tenant pays for electricity, fire insurance-bldg, contents insurance, glass insurance, liability insurance, janitorial service
  • The owner pays for management fees, property taxes, exterior maint, common area maintenance, bldg liability ins, fire insurance-bldg, trash, sewer, water
  • Tax Lot 111
  • Assessor Parcel Number 301-85-246

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Showroom
  • Reception Area

Security

  • Gated Community

Property Details

Property Type

Other

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Cross Street: I-10 and Chandler Blvd.
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: I-1
  • Lease Info Annual Lease Price: 18576.0
  • Lease Info Annual Lse Prc P S F: 7.2
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 36 - 60
  • Lease Info Space Divisible: No
  • Year Built: 1988
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cenr01
  • Co List Office Phone: 480-963-6343
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Electric 220: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood, Concrete
  • Living Area: 2580.0

Exterior Features

  • Fencing: Security
  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up, Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: 220 Volts, SRP, Individual Meter, 3 Phase Power
  • Cooling: Warehouse Evap, Central A/C
  • Heating: Office Heated, Electric
  • Green Building Features: Conference Room, Reception Room, Showroom, Kitchen, Skylight(s), Security Gate
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Office Heated: Yes
  • 3 Phase Power: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showroom: Yes
  • Amenities:Skylight(s)2: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 301-85-246

Rental Info

  • Available Date: 2011-11-18

Multi Family

  • Owner Pays: Management Fees, Property Taxes, Exterior Maint, Common Area Maint, Bldg Liability Ins, Fire Insurance-Bldg, Trash, Sewer, Water
  • Tenant Pays: Electricity, Fire Insurance-Bldg, Contents Insurance, Glass Insurance, Liability Insurance, Janitorial Service
  • Existing Lease Type: Net, Modified Terms, Deposit Required
  • Leasable Area: 2580.0

Tax Info

  • Tax Annual Amount: 7463.0
  • Tax Book Number: 301.00
  • Tax Lot: 111
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2017
Sold by
Broughton Properties Llc
Bought by
Ark Investors Llc
Current Estimated Value
$780,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Outstanding Balance
$319,495
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$460,660

Purchase Details

Closed on
Apr 26, 2005
Sold by
Icp 400 Llc
Bought by
Broughton Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,699
Interest Rate
5.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Ark Investors Llc $445,000 Old Republic Title Agency
Broughton Properties Llc $416,075 Tsa Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ark Investors Llc $382,500
Previous Owner Broughton Properties Llc $386,699
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2012 03/01/12 Sold $1,548 0.0% $1 / Sq Ft
02/24/2012 02/24/12 Pending -- -- --
11/17/2011 11/17/11 For Sale $1,548 -- $1 / 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 $5,311 $55,743 -- --
2024 $5,402 $54,748 -- --
2023 $5,402 $89,522 $17,901 $71,621
2022 $5,324 $81,410 $16,275 $65,135
2021 $5,658 $83,178 $16,632 $66,546
2020 $5,538 $80,820 $16,164 $64,656
2019 $5,386 $69,714 $13,932 $55,782
2018 $5,227 $60,606 $12,114 $48,492
2017 $5,003 $56,610 $11,322 $45,288
2016 $5,073 $56,088 $11,214 $44,874
2015 $4,803 $52,041 $10,397 $41,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4678201

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-85-246