NOT LISTED FOR SALE

11648 E Shea Blvd Unit 101 Scottsdale, AZ 85259

Shea Corridor Neighborhood

Estimated Value: $895,747

-- Bed
-- Bath
3,000 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $360,000 $120 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $4,973/month

113 Days on Market

About This Home

As of February 2019

- Scottsdale Office Condo
- Available for Sale
- $435,000.00 ($145.00 PSF)
- In Shell Condition
- +/- 3,000 SF
- Located in Mountainside Plaza Condominiums
- Close Proximity to Loop 101
- Near retail and business amenities
- Building Signage Available
- Plentiful Parking

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 08/27/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,185

Year Built

  • Built in 2006

Lot Details

  • 1,504 Sq Ft Lot
  • Property is zoned S-R

Home Design

  • 3,000 Sq Ft Home

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking

Community Details

  • Mountainside Plaza Condominium Subdivision
  • Operating Expense $3,185

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 217-29-836

Property Details

Property Type

Other

Est. Annual Taxes

$3,185

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: E Shea Blvd & N 116th St
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: S-R
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 2006
  • Tax Year: 2017
  • Lot Size Acres: 0.03
  • Subdivision Name: MOUNTAINSIDE PLAZA CONDOMINIUM
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 3000.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • 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:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 1504.0
  • Parcel #: 217-29-836
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3185.0

Tax Info

  • Tax Annual Amount: 3185.0
  • Tax Book Number: 217.00
  • Tax Lot: 101
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Shea 101 Llc
Bought by
Smg Properties Llc
Current Estimated Value
$895,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,500
Outstanding Balance
$528,194
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$367,553

Purchase Details

Closed on
May 7, 2008
Sold by
Mountainside Plaza F & G Llc
Bought by
Shea 101 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smg Properties Llc $869,900 None Listed On Document
Shea 101 Llc $532,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smg Properties Llc $802,500
Previous Owner Shea 101 Llc $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2019 02/26/19 Sold $360,000 -17.2% $120 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $435,000 -- $145 / 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 $3,184 $45,088 -- --
2024 $3,204 $44,283 -- --
2023 $3,204 $43,452 $8,687 $34,765
2022 $3,151 $42,893 $8,575 $34,318
2021 $3,590 $62,460 $9,504 $52,956
2020 $3,559 $63,036 $12,600 $50,436
2019 $3,434 $60,066 $12,006 $48,060
2018 $3,326 $54,198 $10,836 $43,362
2017 $3,185 $50,958 $10,188 $40,770
2016 $3,123 $44,190 $8,838 $35,352
2015 $3,055 $38,869 $7,770 $31,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5812063

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-29-836