NOT LISTED FOR SALE

1215 N Ivy Loop Casa Grande, AZ 85122

-- Bed
-- Bath
5,669 Sq Ft
0.56 Acres

Last Sold March 29, 2018

Last sale price $1,050,000 $185 Per Sq Ft

463 Days on Market

Highlights

  • 0.56 Acre Lot
  • Community Kitchen
  • Concrete Flooring

About This Home

As of March 2018

Beautifully appointed medical office with attractive paint scheme and wood laminate flooring. Reception area, waiting room, billing and files area, kids play area, vitals office, 3 ADA bathroom, 2 private offices, break room, 1 procedure room, 6 exam rooms and nurses station in exam room area. Very efficient, professional layout. This is a turn-key, beautiful building that is adjacent to Banner Casa Grande Hospital. Solid Investment property. Proforma NOI is #120,866; 43% of building is leased to solid long term tenant. Great for Owner-User with additional income from leased space or as Investment Property. LOW COST OF OCCUPANCY FOR OWNER/USER!! Perfect fit for SBA. Property is adjacent to Banner Hospital.

Last Agent to Sell the Property

Jon Hammond

Keller Williams Realty Sonoran Living License #SA555889000 Listed on: 01/10/2017

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Jon Hammond

Keller Williams Realty Sonoran Living License #SA555889000 Listed on: 01/10/2017

Keller Williams Realty Sonoran Living

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $21,914

Year Built

  • Built in 2004

Lot Details

  • 0.56 Acre Lot
  • Property is zoned B-3

Home Design

  • 5,669 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Concrete
  • Vinyl

Parking

  • 18 Open Parking Spaces
  • 18 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Heat Pump System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 505-22-014-T

Community Details

Overview

  • S22 T6s R6e Subdivision

Amenities

  • Community Kitchen
  • Reception Area

Building Details

  • Operating Expense $29,681
  • Net Operating Income $120,866

Property Details

Property Type

Other

Est. Annual Taxes

$21,914

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: I-10 & Florence Blvd
  • Legal Info Range: 06E
  • Property Type: Comm/Industry Sale
  • Zoning: B-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2015
  • Directions: From I-10 and Florence Blvd go West on Florence Blvd to light st Henness Rd. North on Henness to McMurray, West on McMurray about 1/4 mile to Ivy Loop then South to property
  • Lot Size Acres: 0.56
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: S22 T6S R6E
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: T
  • Electric 220: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl, Concrete
  • Living Area: 5669.0

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Stucco
  • Roof: Tile
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 18.0
  • Total Parking Spaces: 18.0
  • General Property Description:Uncvrd Parking Spcs: 18.0
  • General Property Description:Total Parking Spcs: 18.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: 220 Volts, Individual Meter, APS
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Green Building Features: Reception Room, Kitchen, LAN Compatible Copr
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:LAN Compatible Copr: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2067.0

Lot Info

  • Lot Size Sq Ft: 24393.0
  • Parcel #: 505-22-014-T
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 2700.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 120866.0
  • Annual Operating Expense: 29681.38

Tax Info

  • Tax Annual Amount: 21914.38
  • Tax Book Number: 505.00
  • Tax Lot: 0
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2017
Closed on
Mar 23, 2018
Sold by
Psi Llc An Arlzona
Bought by
Bauch Holdings Llc
Seller's Agent
Jon Hammond
Keller Williams Realty Sonoran Living
Buyer's Agent
Jon Hammond
Keller Williams Realty Sonoran Living
List Price
$1,339,800
Sold Price
$1,050,000
Premium/Discount to List
-$289,800
-21.63%
Source: Public Records

Range of Values:

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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
Bauch Holdings Llc $105,000 Title Security Agency Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $1,050,000 -21.6% $185 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
08/03/2016 08/03/16 For Sale $1,339,800 -- $236 / 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 $12,987 -- -- --
2024 $17,077 -- -- --
2023 $13,647 $92,485 $10,977 $81,508
2022 $17,077 $119,617 $10,977 $108,640
2021 $18,396 $0 $0 $0
2020 $17,452 $0 $0 $0
2019 $16,621 $0 $0 $0
2018 $17,129 $0 $0 $0
2017 $18,538 $0 $0 $0
2016 $19,058 $66,597 $7,318 $59,279
2014 -- $70,533 $7,319 $63,215
Source: Public Records

Agents Affiliated with this Home

  • Jon Hammond

    Seller's Agent in 2018

    Jon Hammond

    Keller Williams Realty Sonoran Living

    (480) 444-7200

    1 in this area

    22 Total Sales

    Jon Hammond
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5481592

Arizona Regional Multiple Listing Service (ARMLS)

APN: 505-22-014T

Arizona Pinal County Casa Grande 85122

1215 N Ivy Loop, Casa Grande, AZ

This home is located at 1215 N Ivy Loop, Casa Grande, AZ 85122 since 10 January 2017. This property was built in 2004. 1215 N Ivy Loop is a home located in Pinal County with nearby schools including Mesquite Elementary School, Cactus Middle School, and Path to Potential.

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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