NOT LISTED FOR SALE

11121 W Michigan Ave Youngtown, AZ 85363

Estimated Value: $317,108

-- Bed
-- Bath
1,961 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $165,000 $84 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,893/month

54 Days on Market

Highlights

  • Skylights
  • Central Air
  • Concrete Flooring
  • Display Windows

About This Home

As of November 2016

Single user building, or 3 bay retail building. Well maintained. recent seal coat and restripe, 2014 3 ti-0on gas-pak replaced, 2015 2.5 ton gas-pak replaced,
new elastomeric coating August 2016.
Priced at appraisal, per seller.
Do Not disturb occupants! Building expected to go vacant mid September.

Last Agent to Sell the Property

Scot Hall

Wolf Realty, Inc. License #BR029352000 Listed on: 08/24/2016

Last Buyer's Agent

Bettina Franco

HomeSmart License #BR025293000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1973

Lot Details

  • 7,000 Sq Ft Lot
  • Property fronts an alley
  • Property is zoned C-2

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,961 Sq Ft Home
  • Skylights
  • Display Windows

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Building Dimensions are 50 x 140
  • Youngtown Terrace Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 200-85-247-C

Property Details

Property Type

Other

Est. Annual Taxes

$1,800

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Grand and 111th Avenue
  • Legal Info Range: 1E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Bay Info Bay Door Height: 83.0
  • Bay Info Bay Size: 690/653/690
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2015
  • Directions: Michigan is 1 block south of Grand Avenue, property is 300' west of 111th Avenue. Accessible off Grand at 111th Drive, straight into the property or off 11th Ave, or from 113th Easy ingress/egress
  • Lot Size Acres: 0.16
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: YOUNGTOWN TERRACE
  • Structure Type: Other (See Remarks), Commercial, Office
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Living Area: 1961.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Office A/C, Central A/C
  • Heating: Natural Gas
  • Green Building Features: Skylight(s), Display Window(s)
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Display Window(s): Yes
  • Amenities:Skylight(s)2: Yes

Lot Info

  • Lot Size: 50 x 140
  • Lot Size Sq Ft: 7000.0
  • Parcel #: 200-85-247-C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 745.0
  • Vacancy Allowance Rate: 100.0
  • Leasable Area: 1961.0

Tax Info

  • Tax Annual Amount: 1800.0
  • Tax Book Number: 200.00
  • Tax Lot: 24
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Nov 3, 2016
Sold by
Mosiabadi Akram Moeini and Talaie Jalil
Bought by
Talaie Jalil
Seller's Agent
Scot Hall
Wolf Realty, Inc.
Buyer's Agent
Bettina Franco
HomeSmart
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%
Current Estimated Value
$317,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,108
Avg. Annual Appreciation
7.71%
Original Mortgage
$140,000
Outstanding Balance
$113,206
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$204,394

Purchase Details

Closed on
Jan 24, 2008
Sold by
Cornelio Alfred J and Cornelio Antonette F
Bought by
Cornelio Llc

Purchase Details

Closed on
Nov 29, 1999
Sold by
Cornelio Alfred J and Cornelio Antonette F
Bought by
Cornelio Alfred J and Cornelio Antonette F
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
Talaie Jalil -- Lawyers Title Of Arizona Inc
Talaie Jalil $165,000 Lawyers Title Of Arizona Inc
Cornelio Llc -- None Available
Cornelio Alfred J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talaie Jalil $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $165,000 -8.3% $84 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $180,000 -- $92 / 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 $1,975 $16,282 -- --
2024 $1,989 $15,992 -- --
2023 $1,989 $22,304 $8,789 $13,515
2022 $1,975 $20,143 $7,718 $12,425
2021 $2,078 $20,394 $7,938 $12,456
2020 $2,081 $19,998 $7,686 $12,312
2019 $2,026 $18,648 $6,930 $11,718
2018 $1,960 $17,010 $5,616 $11,394
2017 $1,939 $14,166 $5,400 $8,766
2016 $1,813 $15,084 $7,272 $7,812
2015 $1,800 $11,766 $5,809 $5,957
Source: Public Records

Agents Affiliated with this Home

  • Scot Hall

    Seller's Agent in 2016

    Scot Hall

    Wolf Realty, Inc.

    (602) 541-8191

    34 Total Sales

    Scot Hall
    Section Image
  • Bettina Franco

    Buyer's Agent in 2016

    Bettina Franco

    HomeSmart

    (602) 526-1929

    1 in this area

    32 Total Sales

    Bettina Franco
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5488325

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-85-247C

Arizona Maricopa County Youngtown 85363

11121 W Michigan Ave, Youngtown, AZ

This home is located at 11121 W Michigan Ave, Youngtown, AZ 85363 since 24 August 2016 and is currently estimated at $317,108, approximately $161 per square foot. This property was built in 1973. 11121 W Michigan Ave is a home located in Maricopa County with nearby schools including Country Meadows Elementary School, Raymond S. Kellis, and Desert Mirage Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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