$1,240,000
SOLD AUG 9, 2024
-- Bed
-- Bath
6,163 Sq Ft
8,599 Sq Ft Lot

Recently Sold

$201 Per Sq Ft

5% Below List Price

36 Days on Market

Highlights

  • Wood Flooring
  • Community Kitchen
  • Central Air
  • Shadow Mountain High School Rated A-

About This Home

As of August 2024

Great two-story commercial building constructed in 1987. Total building area is 6,162 square feet. Construction is concrete block load-bearing walls on a reinforced concrete foundation and a steel framed-roof with rolled asphalt covering. The building has upgraded three-phase electric service and a freight elevator (rating 2000 lbs) plus a loading dock. The first floor is 3,761 square feet and contains an office area (36%) and a warehouse area (64%). There are two bathrooms downstairs with one containing a shower. These spaces could easily become all warehouse, all office or whatever use a buyer wanted. The second floor is 2,401 square feet and is fully finished as an apartment with a living room, dining room, kitchen, four bedrooms, and two full baths. There are so many options here. This could be a live-work situation, a great base for a service company with the upstairs being employee offices and the downstairs being a parts department or any other possibility you can imagine.
The office build-out includes treated concrete flooring, wood-framed partition walls with drywall coverings, and a mix of acoustic tile and open-joist ceilings. Build-out for the apartment includes tile and wood floor coverings and wood-framed partition walls and ceilings with drywall coverings. The apartment and office have been remodeled within the past five years and are in good condition. Kitchen appointments include newer stainless-steel appliances (refrigerator, oven, microwave, range, dishwasher, and hood), granite tile countertops, and cherry wood cabinetry. Additional site improvements include approximately 4,800 square feet of concrete-paved drive and a parking area with 8 marked parking spots. There is additional parking on the side along 16th Place.
Previously this building was a packaging plant and most recently office space for an electrical engineering firm with tons of storage space for components. Great location for an EZ commute to the airport or downtown PHX. The 51 is just minutes away.

Last Agent to Sell the Property

Janet Curd

West USA Realty License #SA063472000 Listed on: 04/04/2024

West USA Realty

Co-Listed By

Howard Rudin

West USA Realty License #SA527947000

Last Buyer's Agent

Janet Curd

West USA Realty License #SA063472000 Listed on: 04/04/2024

West USA Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,851

Year Built

  • Built in 1987

Lot Details

  • 8,599 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • 6,163 Sq Ft Home
  • Tilt Up Walls
  • Wood Frame Construction
  • Block Exterior
  • Metal Siding

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 166-21-041

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Service Elevator

Additional Features

  • Abel's Acres Amd Subdivision
  • Operating Expense $16,077

Property Details

Property Type

Other

Est. Annual Taxes

$6,851

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: Cactus and Cave Creek Rd.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Bay Info Bay Door Height: 8.0
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1987
  • Tax Year: 2023
  • Directions: South on Cave Creek to property, west side of street. 24 hr notice to show please.
  • Lot Size Acres: 0.2
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: wusa85
  • Co List Office Phone: 602-942-4200
  • Subdivision Name: ABEL'S ACRES AMD
  • Structure Type: Commercial, Office, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Wood, Concrete
  • Living Area: 6163.0

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Tilt-Up, Metal Siding, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Metal: Yes
  • Construction:Tilt-Up: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Green Building Features: Freight Elevator(s), Conference Room, Kitchen, Showers - Office
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Freight Elevator(s): Yes

Fee Information

  • Trash Expense: 1908.0
  • Annual Water Sewer Expense: 695.0

Lot Info

  • Lot Size Sq Ft: 8599.0
  • Parcel #: 166-21-041
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 6623.0
  • Annual Operating Expense: 16077.0

Tax Info

  • Tax Annual Amount: 6851.0
  • Tax Book Number: 166.00
  • Tax Lot: 40
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Aug 9, 2024
Sold by
Janet L Hamner Living Trust and Hamner Janet L
Bought by
Bce Properties Llc and Engle
Seller's Agent
Janet Curd
West USA Realty
Buyer's Agent
Janet Curd
West USA Realty
List Price
$1,300,000
Sold Price
$1,240,000
Premium/Discount to List
-$60,000
-4.62%
Views
15
Current Estimated Value
$1,241,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,992
Avg. Annual Appreciation
-1.07%
Original Mortgage
$150,000
Outstanding Balance
$148,968
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$1,078,048

Purchase Details

Closed on
Jul 1, 2019
Sold by
Hamner Janet L and Hamner Janet Louise
Bought by
Hamner Janet L and The Janet L Hamner Living Trus

Purchase Details

Closed on
Dec 28, 2004
Sold by
Associated Engineering Inc
Bought by
Hamner Ludran M and Hamner Janet L

Purchase Details

Closed on
Nov 5, 2004
Sold by
Babasick Enterprises Llc
Bought by
Associated Engineering Inc

Purchase Details

Closed on
Apr 29, 2003
Sold by
Martinez Martinez Daniel L Daniel L and Martinez Patten Yvonne E
Bought by
Babasick Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.71%
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 Type Sale Price Title Company
Warranty Deed $1,240,000 Pioneer Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Cash Sale Deed $515,000 Chicago Title Insurance Co
Warranty Deed $450,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $350,000 Commercial
Previous Owner $300,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $1,240,000 -4.6% $201 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $1,300,000 -- $211 / 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 $6,791 $66,161 -- --
2024 $6,851 $64,979 -- --
2023 $6,851 $65,178 $14,501 $50,677
2022 $6,981 $62,510 $13,895 $48,615
2021 $7,709 $69,534 $14,292 $55,242
2020 $7,471 $73,116 $13,410 $59,706
2019 $7,481 $60,300 $12,762 $47,538
2018 $7,235 $61,290 $16,182 $45,108
2017 $6,936 $60,246 $16,182 $44,064
2016 $6,820 $62,190 $12,240 $49,950
2015 $6,491 $52,263 $10,712 $41,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6686453

Arizona Regional Multiple Listing Service (ARMLS)

APN: 166-21-041