NOT LISTED FOR SALE

Estimated Value: $1,009,508

Studio
-- Bath
5,161 Sq Ft
$196/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $1,025,000 $199 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,076/month

53 Days on Market

Highlights

  • 0.57 Acre Lot
  • Central Air
  • Heating Available
  • Sunnyslope High School Rated A
  • Concrete Flooring

About This Home

As of November 2024

Incredible opportunity to own your own commercial property in a great location. This commercial property is zoned C-2. The zoning permits a wide range of commercial uses. Total square footage of lot is 24, 829 sqft located near i17. Currently the building is a gutted and ready for a new business. This is 5160 sqft with a huge parking space. Situated in a high traffic main street. A must see opportunity you wont find another C2 property at this size and price.

Last Agent to Sell the Property

Adrian Argueta

My Home Group Real Estate License #SA692841000 Listed on: 11/08/2024

My Home Group Real Estate

Last Buyer's Agent

Greg Garcia

West USA Realty License #SA650694000

West USA Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,993

Year Built

  • Built in 1971

Lot Details

  • 0.57 Acre Lot
  • Property is zoned C-2

Home Design

  • Block Exterior

Interior Spaces

  • 5,161 Sq Ft Home
  • Concrete Flooring

Parking

  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot H
  • Assessor Parcel Number 159-04-002-H

Property Details

Property Type

Other

Est. Annual Taxes

$9,993

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: 19th ave & Cactus
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2023
  • Lot Size Acres: 0.57
  • Structure Type: Commercial
  • Tax Parcel Letter: H
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 5161.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 24829.0
  • Parcel #: 159-04-002-H
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9993.0
  • Tax Book Number: 159.00
  • Tax Lot: H
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Nov 12, 2024
Sold by
Jesus Identidad
Bought by
Eros Investments Llc
Seller's Agent
Adrian Argueta
My Home Group Real Estate
Buyer's Agent
Greg Garcia
West USA Realty
List Price
$1,150,000
Sold Price
$1,025,000
Premium/Discount to List
-$125,000
-10.87%
Current Estimated Value
$1,009,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,492
Avg. Annual Appreciation
-1.27%
Original Mortgage
$700,000
Outstanding Balance
$693,031
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$316,477

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 12, 2022
Sold by
Liu Quanzhi
Bought by
Identidad Jesus
Seller's Agent
Cathy Hum
DeLex Realty
Buyer's Agent
Ricardo Cortazar
Russ Lyon Sotheby's International Realty
List Price
$820,000
Sold Price
$750,000
Premium/Discount to List
-$70,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.29%
Original Mortgage
$600,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2000
Sold by
Wong David K M and Wong Sandy S P
Bought by
Liu Quanzhi and Chan Oi Hing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 1995
Sold by
Fleet Finance Inc
Bought by
Wong David K M and Wong Sandy S P

Purchase Details

Closed on
Nov 8, 1994
Sold by
Security Mtg Co Inc and Locke Gary H
Bought by
Fleet Finance Inc

Purchase Details

Closed on
Aug 31, 1994
Sold by
Stahm Miles and Szopinski Arlene
Bought by
Stahm Sarah
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
Eros Investments Llc $1,025,000 Stewart Title & Trust Of Phoen
Eros Investments Llc $1,025,000 Stewart Title & Trust Of Phoen
Identidad Jesus $750,000 Grand Canyon Title
Liu Quanzhi $240,000 Chicago Title Insurance Co
Wong David K M $164,000 Old Republic Title Agency
Fleet Finance Inc -- --
Stahm Sarah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eros Investments Llc $700,000
Closed Eros Investments Llc $700,000
Previous Owner Identidad Jesus $600,000
Previous Owner Liu Quanzhi $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $1,025,000 -10.9% $199 / Sq Ft
11/08/2024 11/08/24 Price Changed $1,150,000 0.0% $223 / Sq Ft
09/28/2024 09/28/24 Price Changed $1,150,000 0.0% $223 / Sq Ft
09/28/2024 09/28/24 For Sale $1,150,000 0.0% $223 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $1,150,000 +53.3% $223 / Sq Ft
10/21/2022 10/21/22 Sold $750,000 -8.5% $145 / Sq Ft View Prior Sale
09/17/2022 09/17/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $820,000 0.0% $159 / Sq Ft
09/08/2022 09/08/22 Price Changed $820,000 0.0% $159 / Sq Ft
08/09/2022 08/09/22 Price Changed $820,000 0.0% $159 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $820,000 0.0% $159 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $820,000 -- $159 / 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 $9,953 $78,320 -- --
2024 $9,993 $76,922 -- --
2023 $9,993 $105,961 $51,374 $54,587
2022 $9,951 $74,620 $24,395 $50,225
2021 $10,367 $75,852 $25,092 $50,760
2020 $10,108 $79,254 $29,016 $50,238
2019 $9,924 $77,724 $29,790 $47,934
2018 $9,664 $74,448 $28,332 $46,116
2017 $9,615 $75,852 $27,234 $48,618
2016 $9,440 $69,444 $24,696 $44,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6727775

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-04-002H