NOT LISTED FOR SALE

11111 N Scottsdale Rd Unit 240 Scottsdale, AZ 85254

Estimated Value: $740,743

-- Bed
-- Bath
2,444 Sq Ft
$303/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $435,000 $178 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,313/month

205 Days on Market

About This Home

As of January 2020

Fantastic opportunity for medical office space with visibility from Scottsdale Rd. Currently set up as Medical Office space with 6 exam rooms and 1 larger procedure room. Private office with separate entrance, 2 additional office spaces, reception desk with file closet, break room, and 2 bathrooms. New carpet, paint, and locks. Also available for lease at $20/ft NNN

Last Agent to Sell the Property

Sean Blumhoff

Platinum First Realty License #SA638489000 Listed on: 05/15/2019

Platinum First Realty

Last Buyer's Agent

Carrie Lehrman

SRL Group License #BR626599000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,665

Year Built

  • Built in 2005

Lot Details

  • 2,047 Sq Ft Lot
  • Property is zoned C-O

Home Design

  • 2,444 Sq Ft Home
  • Built-Up Roof

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Heating Available

Community Details

  • Sonoran Office Plaza Condominium Subdivision

Listing and Financial Details

  • Tax Lot 240
  • Assessor Parcel Number 175-34-037

Property Details

Property Type

Other

Est. Annual Taxes

$4,665

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Rd & Shea
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: C-O
  • Current Use: Medical/Dental
  • Number Of Buildings: 1
  • Year Built: 2005
  • Tax Year: 2018
  • Directions: North on Scottsdale Rd just past Mescal/74th st. Turn right into parking lot behind Starbucks.
  • Lot Size Acres: 0.05
  • Road Surface Type: Asphalt
  • Subdivision Name: SONORAN OFFICE PLAZA CONDOMINIUM
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Other, See Remarks
  • Roof: Built-Up
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C
  • Heating: Electric
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 2047.0
  • Additional Parcels: No
  • Parcel #: 175-34-037
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 2400.0
  • Insurance Expense: 1100.0

Tax Info

  • Tax Annual Amount: 4665.0
  • Tax Book Number: 175.00
  • Tax Lot: 240
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jan 24, 2020
Sold by
Guardian Endeavors Llc
Bought by
Karma Pup Properties Llc and Andrew T Haber M D Llc
Seller's Agent
Sean Blumhoff
Platinum First Realty
Buyer's Agent
Carrie Lehrman
SRL Group
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%
Current Estimated Value
$740,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,743
Avg. Annual Appreciation
9.86%
Original Mortgage
$366,052
Outstanding Balance
$324,727
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$416,016

Purchase Details

Closed on
Dec 6, 2018
Sold by
Aoe Llc
Bought by
Guardian Endeavors Llc

Purchase Details

Closed on
Mar 9, 2007
Sold by
Jhj Real Estate Development Llc
Bought by
Aoe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,901
Interest Rate
6.23%
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
Karma Pup Properties Llc $435,000 Premier Title Agency
Guardian Endeavors Llc $323,500 None Available
Aoe Llc $488,800 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karma Pup Properties Llc $366,052
Previous Owner Aoe Llc $564,901
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $435,000 -8.4% $178 / Sq Ft
08/22/2019 08/22/19 Price Changed $475,000 -4.8% $194 / Sq Ft
05/14/2019 05/14/19 For Sale $499,000 -- $204 / 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 $4,634 $66,416 -- --
2024 $4,719 $65,230 -- --
2023 $4,719 $85,340 $17,068 $68,272
2022 $4,609 $77,735 $15,540 $62,195
2021 $5,037 $78,264 $15,642 $62,622
2020 $4,993 $75,474 $15,084 $60,390
2019 $4,818 $69,624 $13,914 $55,710
2018 $4,665 $63,180 $12,636 $50,544
2017 $4,468 $60,336 $12,060 $48,276
2016 $4,382 $59,760 $11,952 $47,808
2015 $4,286 $54,724 $10,934 $43,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5925937

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-34-037