NOT LISTED FOR SALE

11607 E Riggs Rd Chandler, AZ 85249

South Chandler Neighborhood

Estimated Value: $1,502,186

Studio
-- Bath
3,041 Sq Ft
$494/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $1,450,000 $477 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,428/month

18 Days on Market

Highlights

  • 0.59 Acre Lot
  • Fulton Elementary School Rated A
  • Concrete Flooring

About This Home

As of December 2023

Great opportunity for owner user or investor. Long standing Auto shop for sale, located on Maricopa Country island in Chandler. Property is zoned C-3 and to include equipment. ***OWNER FINANCING AVAILABLE*** Is currently occupied until the end of the year, do not disturb tenants. Please contact with any questions.

Last Agent to Sell the Property

Paul McComb

Paul McComb Realty License #BR553036000 Listed on: 09/30/2023

Last Buyer's Agent

Paul McComb

Paul McComb Realty License #BR553036000 Listed on: 09/30/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,154

Year Built

  • Built in 1990

Lot Details

  • 0.59 Acre Lot
  • Property is zoned C-3

Home Design

  • Metal Roof
  • Block Exterior
  • Metal Siding

Interior Spaces

  • 3,041 Sq Ft Home
  • Concrete Flooring

Parking

  • 20 Parking Spaces
  • 10 Covered Spaces
  • Fenced Parking

Utilities

  • Well
  • Septic Tank

Community Details

  • Operating Expense $7,154
  • Gross Income $74,400
  • Net Operating Income $74,400

Listing and Financial Details

  • Tax Lot F
  • Assessor Parcel Number 303-58-019-F

Property Details

Property Type

Other

Est. Annual Taxes

$7,154

Year Built

Built in 1990

Lot Details

0.59 Acres

Listing Details

  • Cross Street: Riggs Rd & Arizona Ave
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1990
  • Tax Year: 2022
  • Lot Size Acres: 0.59
  • Road Surface Type: Asphalt
  • Structure Type: Commercial
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 3041.0

Exterior Features

  • Construction Type: Metal Siding, Block
  • Roof: Metal
  • Construction:Block: Yes
  • Construction:Metal: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Fenced
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 20.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Fenced: Yes

Utilities

  • Electric: Other (See Remarks), SRP
  • Cooling: Office A/C
  • Water Source: Domestic Well
  • Sewer Septic Tank: Yes
  • Heating:None29: Yes

Lot Info

  • Lot Size Sq Ft: 25522.0
  • Parcel #: 303-58-019-F
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 74400.0
  • Property Net Operating Income: 74400.0
  • Annual Operating Expense: 7154.0

Tax Info

  • Tax Annual Amount: 7154.0
  • Tax Book Number: 303.00
  • Tax Lot: F
  • Tax Map Number: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Warnick Jason
Bought by
Riggs Rentals Llc
Current Estimated Value
$1,502,186

Purchase Details

Listed on
Sep 30, 2023
Closed on
Dec 1, 2023
Sold by
Vista Star Properties Iii Llc
Bought by
Warnick Jason
Seller's Agent
Paul McComb
Paul McComb Realty
Buyer's Agent
Paul McComb
Paul McComb Realty
List Price
$1,485,000
Sold Price
$1,450,000
Premium/Discount to List
-$35,000
-2.36%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.56%
Original Mortgage
$1,250,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2015
Closed on
Feb 2, 2016
Sold by
Hymer Thomas and Hymer William
Bought by
Vista Star Properties Iii Llc
Seller's Agent
James Watson
Perfect Choice Real Estate
Buyer's Agent
Shalia Marner
West USA Realty
List Price
$769,000
Sold Price
$675,000
Premium/Discount to List
-$94,000
-12.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$492,237
Interest Rate
3.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 8, 2004
Sold by
Menkin Richard and Menkin Melvin
Bought by
Hymer Thomas and Hymer William

Purchase Details

Closed on
Aug 29, 2000
Sold by
Hymer Thomas
Bought by
Hymer Thomas and Hymer William
Source: Public Records
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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
Riggs Rentals Llc -- --
Warnick Jason $1,450,000 Great American Title Agency
Vista Star Properties Iii Llc $675,000 Chicago Title Agency Inc
Hymer Thomas -- --
Hymer Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warnick Jason $1,250,000
Previous Owner Vista Star Properties Iii Llc $492,237
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Sold $1,450,000 -2.4% $477 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
09/30/2023 09/30/23 For Sale $1,485,000 +120.0% $488 / Sq Ft
02/01/2016 02/01/16 Sold $675,000 -12.2% $222 / Sq Ft View Prior Sale
11/13/2015 11/13/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $769,000 -- $253 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $7,340 $61,736 -- --
2024 $7,304 $60,634 -- --
2023 $7,304 $71,451 $37,757 $33,694
2022 $7,154 $69,546 $37,503 $32,043
2021 $7,432 $71,388 $38,574 $32,814
2020 $7,336 $75,096 $41,634 $33,462
2019 $7,061 $68,112 $35,370 $32,742
2018 $6,834 $57,600 $25,110 $32,490
2017 $6,433 $59,310 $23,256 $36,054
2016 $6,191 $54,468 $20,754 $33,714
Source: Public Records

Agents Affiliated with this Home

  • Paul McComb

    Seller's Agent in 2023

    Paul McComb

    Paul McComb Realty

    (480) 310-2597

    1 in this area

    21 Total Sales

    Paul McComb
    Section Image

  • J

    Seller's Agent in 2016

    James Watson

    Perfect Choice Real Estate

    Section Image

  • S

    Buyer's Agent in 2016

    Shalia Marner

    West USA Realty

    2 Total Sales

    Shalia Marner
    Section Image

  • S

    Buyer's Agent in 2016

    Shalia Barrett

    1st USA Realty Professionals

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6611931

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-58-019F

Arizona Maricopa County Chandler 85249 South Chandler

11607 E Riggs Rd, Chandler, AZ

Not Listed for Sale

Other

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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