NOT LISTED FOR SALE

12250 N 111th Ave Youngtown, AZ 85363

Estimated Value: $475,715

-- Bed
-- Bath
2,156 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $285,000 $132 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,535/month

116 Days on Market

About This Home

As of December 2018

The Subject Property is a 2,155 SF Class B Office building situated on just under one forth of an acre within the Youngtown Commercial District. Constructed in 1969, the building has undergone extensive renovations since 2003 to transition the building into a beautifully finished office building. The current condition and use of the building combined with the flexibility the zoning allows and offers a Buyer or a Tenant a wonderful opportunity to use this property in a multitude of ways.

Last Agent to Sell the Property

Daniel Popescu

eXp Realty License #SA514554000 Listed on: 08/27/2018

eXp Realty

Last Buyer's Agent

Daniel Popescu

HomeSmart License #SA514554000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,696

Year Built

  • Built in 1968

Lot Details

  • 8,000 Sq Ft Lot

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,156 Sq Ft Home
  • Concrete Flooring

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Youngtown Plat 5A Replatted Subdivision
  • Operating Expense $3,696

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number 200-85-066

Property Details

Property Type

Other

Est. Annual Taxes

$3,696

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: Grand & 111th Av
  • Legal Info Range: 1E
  • Property Type: Comm/Industry Sale
  • Zoning: c
  • Current Use: Mixed Use
  • Number Of Buildings: 1
  • Year Built: 1968
  • Tax Year: 2017
  • Directions: South on 111th Ave to Property. Intersection of 111th & Nevada Ave.
  • Lot Size Acres: 0.18
  • Road Surface Type: Asphalt
  • Subdivision Name: YOUNGTOWN PLAT 5A REPLATTED
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Water Source: Individual Meter
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 8000.0
  • Additional Parcels: No
  • Parcel #: 200-85-066
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3696.0

Tax Info

  • Tax Annual Amount: 3696.0
  • Tax Book Number: 200.00
  • Tax Lot: 81
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Dec 21, 2018
Sold by
Managed Protective Services Inc
Bought by
Queen Of All Saints Chapel Inc
Seller's Agent
Daniel Popescu
eXp Realty
Buyer's Agent
Daniel Popescu
eXp Realty
List Price
$299,500
Sold Price
$285,000
Premium/Discount to List
-$14,500
-4.84%
Current Estimated Value
$475,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,715
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Jan 16, 2003
Sold by
Loychik Mark
Bought by
Managed Protective Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
5.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 1997
Sold by
Sandon Robert T
Bought by
Loychik Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 7, 1995
Sold by
Friedlander Gary N and Friedlander Patricia A
Bought by
Sandon Robert T
Source: Public Records

Range of Values:

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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
Queen Of All Saints Chapel Inc $285,000 Lawyers Title Of Arizona Inc
Managed Protective Services Inc $165,000 Fidelity National Title
Loychik Mark $115,000 Security Title
Sandon Robert T $85,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Managed Protective Services Inc $139,000
Previous Owner Loychik Mark $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $285,000 -4.8% $132 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $299,500 -- $139 / 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 -- $29,529 -- --
2024 -- $28,123 -- --
2023 $0 $32,700 $11,100 $21,600
2022 $0 $29,250 $9,495 $19,755
2021 $0 $29,055 $9,495 $19,560
2020 $0 $32,580 $9,390 $23,190
2019 $3,860 $39,474 $10,368 $29,106
2018 $3,732 $40,086 $8,478 $31,608
2017 $3,696 $34,416 $8,154 $26,262
2016 $3,578 $31,752 $10,926 $20,826
2015 $3,433 $23,014 $7,511 $15,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5811978

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-85-066