NOT LISTED FOR SALE

Estimated Value: $3,936,737

-- Bed
-- Bath
1,500 Sq Ft
$2,624/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $1,000 $1 Per Sq Ft

Est. 393,574% increase in value since last sale

Current estimated payment $22,953/month

1,043 Days on Market

Highlights

  • 1.73 Acre Lot
  • Community Kitchen
  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Display Windows
  • Concrete Flooring

About This Home

As of November 2015

Last suite available. Ideal location for either retail or office- move in ready! Close to Mountain View Medical Center. This suite has three offices, tiled lobby, mop sink, ADA restroom, storage and located in a very busy center. Co-Tenants are Wells Fargo, Farmers Insurance, Diamond Tattoo, Water & Ice and Hungry Howies Pizza. Nearby is a new Burger King under construction, Dunkin Donuts, and Walgreens. Promotional lease rate for the first year!

Last Agent to Sell the Property

Patricia Wodrich

HomeSmart License #SA539797000 Listed on: 01/04/2013

Co-Listed By

Alana Holley

Preserve Property Management LLC License #BR580936000

Last Buyer's Agent

David Piccoli

Piccoli Real Estate License #BR004826000

Property Details

Property Type

  • Other

Year Built

  • Built in 2005

Lot Details

  • 1.73 Acre Lot
  • Property is zoned C-2

Home Design

  • Block Exterior

Interior Spaces

  • 1,500 Sq Ft Home
  • Display Windows
  • Concrete Flooring

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Community Kitchen
  • Showroom
  • Reception Area

Listing and Financial Details

  • Property Available on 1/4/13
  • The owner pays for management, taxes, exterior maintenance, common area maintenance, fire insurance, trash collection, bldg liability ins, sewer, water
  • Assessor Parcel Number 220-70-010-M

Property Details

Property Type

Other

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: N of the NWC Crismon & Southern
  • Legal Info Range: 7E
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 6.83
  • Lease Info Annual Lease Price: 12000.0
  • Lease Info Annual Lse Prc P S F: 8.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1500
  • Year Built: 2005
  • Tax Year: 2011
  • Directions: Take the US 60 East and Exit Crismon Rd. Turn North onto Crismon and the property will be located on the West side of the road just past Southern Ave.
  • Lot Size Acres: 1.73
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: ppml001
  • Co List Office Phone: 480-361-2706
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: M
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 1500.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Public Parking, Free, Private
  • Attached Garage: No
  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 50.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 50.0
  • Parking Features Free2: Yes
  • Parking Features Public Parking2: Yes
  • Parking Features Private11: Yes

Utilities

  • Electric: SRP
  • Cooling: Office A/C
  • Heating: Heat Pump
  • Green Building Features: Reception Room, Showroom, Kitchen, Display Window(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Showroom: Yes
  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size Sq Ft: 75185.0
  • Additional Parcels: No
  • Parcel #: 220-70-010-M
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2013-01-04

Multi Family

  • Owner Pays: Management, Taxes, Exterior Maintenance, Common Area Maintenance, Fire Insurance, Trash Collection, Bldg Liability Ins, Sewer, Water
  • Existing Lease Type: NNN
  • Leasable Area: 1500.0

Tax Info

  • Tax Annual Amount: 29331.0
  • Tax Book Number: 220.00
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2012
Sold by
Charles & John Llc
Bought by
Durga Investments Llc
Current Estimated Value
$3,936,737

Purchase Details

Closed on
Aug 18, 2011
Sold by
Limetree Llc
Bought by
Charles & John Llc

Purchase Details

Closed on
May 29, 2007
Sold by
Ore 6 Llc
Bought by
Limetree Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2007
Sold by
Ore 6 Llc
Bought by
Ore 6 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2007
Sold by
Ore6 Llc
Bought by
Castleberg Andrew and Castleberg Viola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2007
Sold by
Ore 6 Llc
Bought by
Ore 6 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2004
Sold by
Castleberg Andrew and Castleberg Viola M
Bought by
Ore 6 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,137
Interest Rate
5.64%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Durga Investments Llc $1,440,000 Stewart Title & Trust Of Pho
Charles & John Llc $1,300,000 None Available
Limetree Llc $3,500,000 Chicago Title Insurance Comp
Ore 6 Llc -- None Available
Ore 6 Llc -- None Available
Castleberg Andrew -- None Available
Ore 6 Llc -- Camelback Title Agency Llc
Ore 6 Llc -- Title Management Agency Az I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Limetree Llc $2,350,000
Previous Owner Ore 6 Llc $450,000
Previous Owner Ore 6 Llc $437,137
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2015 11/13/15 Sold $1,000 -42.9% $1 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
01/04/2013 01/04/13 For Sale $1,750 -- $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 $25,956 $256,168 -- --
2024 $26,958 $251,593 -- --
2023 $26,958 $361,505 $129,625 $231,880
2022 $27,173 $333,446 $117,968 $215,478
2021 $28,298 $339,642 $121,338 $218,304
2020 $27,930 $320,346 $102,006 $218,340
2019 $26,098 $300,402 $90,918 $209,484
2018 $25,051 $283,806 $79,812 $203,994
2017 $24,307 $254,934 $73,890 $181,044
2016 $23,762 $228,906 $65,988 $162,918
2015 $23,045 $186,555 $63,733 $122,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4869356

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-70-010M