NOT LISTED FOR SALE

Estimated Value: $330,349

-- Bed
-- Bath
2,910 Sq Ft
$114/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $160,000 $55 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,019/month

113 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heating Available
  • Shadow Mountain High School Rated A-

About This Home

As of July 2016

Free Standing/Retail/Office/Storage building for sale, CAP RATE 9%+ potential….Cave Creek Rd exposure 14,000 cars per day; two story masonry building with dock high loading dock, clean and very well maintained; 1st floor leased salon month to month, 4 year tenant, vacant storage with loading dock; 2nd floor fresh open floor plan, new carpet & paint, vacant office with private restroom. Lots of paved parking. New upper story AC in 2010 & new roof. See Document tab for proforma, fact sheet & flyer.

Last Agent to Sell the Property

Cathy Knoell

Realty Economic Advisors, LLC License #SA563442000 Listed on: 03/08/2016

Last Buyer's Agent

Daniel Shreeve

Arizona Platinum Properties LLC License #BR572199000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,817

Year Built

  • Built in 1980

Lot Details

  • 6,698 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • 2,910 Sq Ft Home
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Parking

  • 11 Open Parking Spaces
  • 11 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Community Details

  • Operating Expense $3,817

Listing and Financial Details

  • Assessor Parcel Number 166-21-033

Property Details

Property Type

Other

Est. Annual Taxes

$3,817

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Cave Creek & 16th Place
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2015
  • Directions: North East Corner of Cave Creek Rd & 16th Place.
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 2910.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 11.0
  • Total Parking Spaces: 11.0
  • General Property Description:Uncvrd Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Warehouse A/C, Office A/C, Central A/C
  • Heating: Electric
  • Water Source: Master Meter
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 6698.0
  • Parcel #: 166-21-033
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3817.0

Tax Info

  • Tax Annual Amount: 3817.0
  • Tax Book Number: 166.00
  • Tax Lot: 00
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2019
Sold by
Anders Patricia
Bought by
Anders Patricia
Current Estimated Value
$330,349

Purchase Details

Listed on
Mar 8, 2016
Closed on
Jul 21, 2016
Sold by
Blackstock Darci Anne
Bought by
Blackstock Robert L
Seller's Agent
Cathy Knoell
Realty Economic Advisors, LLC
Buyer's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
List Price
$219,000
Sold Price
$160,000
Premium/Discount to List
-$59,000
-26.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$103,874
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 8, 2016
Closed on
Jul 19, 2016
Sold by
Blackstock Robert K
Bought by
Brock Equities Llc
Seller's Agent
Cathy Knoell
Realty Economic Advisors, LLC
Buyer's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
List Price
$219,000
Sold Price
$160,000
Premium/Discount to List
-$59,000
-26.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,874
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 2008
Sold by
Blackstock Robert K and Blackstock Jennifer D
Bought by
Blackstock Robert K and Blackstock Jennifer D

Purchase Details

Closed on
Jan 27, 2005
Sold by
Frantz Allen and Frantz Rebecca
Bought by
Blackstock Robert K and Blackstock Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2004
Sold by
Frantz Allen and Frantz Rebecca
Bought by
X Caliber 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
$225,000
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1998
Sold by
Schotz Jeffry S and Schotz Linda S
Bought by
Arizona Diversified Properties Llc

Purchase Details

Closed on
Apr 10, 1997
Sold by
Schotz Jeffrey and Schotz Linda
Bought by
Frantz Allen and Frantz Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
8.14%
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
Anders Patricia -- None Available
Anders Patricia -- None Available
Blackstock Robert L -- Empire West Title Agency
Brock Equities Llc $160,000 Empire West Title Agency
Blackstock Robert K -- Empire West Title Agency
Blackstock Robert K -- None Available
Blackstock Robert K $235,000 Tsa Title Agency
X Caliber Properties Llc $270,400 Tsa Title Agency
Arizona Diversified Properties Llc -- --
Frantz Allen $250,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brock Equities Llc $103,874
Previous Owner Blackstock Robert K $188,000
Previous Owner X Caliber Properties Llc $225,000
Previous Owner Frantz Allen $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2016 07/28/16 Sold $160,000 -26.9% $55 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $219,000 -- $75 / 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 $3,203 $31,205 -- --
2024 $3,231 $30,648 -- --
2023 $3,231 $30,073 $10,030 $20,043
2022 $3,681 $36,120 $9,485 $26,635
2021 $3,798 $35,064 $9,756 $25,308
2020 $3,680 $35,028 $9,054 $25,974
2019 $3,685 $29,286 $8,622 $20,664
2018 $4,255 $37,188 $11,016 $26,172
2017 $4,079 $36,846 $11,016 $25,830
2016 $4,011 $36,936 $8,442 $28,494
2015 $3,817 $34,077 $7,067 $27,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5409666

Arizona Regional Multiple Listing Service (ARMLS)

APN: 166-21-033