$850,000
SOLD APR 11, 2012
-- Bed
-- Bath
7,200 Sq Ft
4.42 Acres

Recently Sold

$118 Per Sq Ft

5% Below List Price

6 Days on Market

Highlights

  • 4.42 Acre Lot
  • Wood Flooring
  • Multiple Heating Units
  • Neely Traditional Academy Rated A
  • Central Air

About This Home

As of September 2016

A beautiful existing church facility on 4.43 acres with auditorium seating for 300+, Baptistry, Offices, Classrooms, more than adequate parking, well landscaped with irrigation, large paved parking lot, security lights. Great frontage on Lindsay Rd just south of the 60 Hwy.
Vacant and ready to move into ASAP.

Last Agent to Sell the Property

Earle Shroyer

AZ Brokerage Holdings, LLC License #SA017007000 Listed on: 03/18/2012

AZ Brokerage Holdings, LLC

Last Buyer's Agent

Earle Shroyer

AZ Brokerage Holdings, LLC License #SA017007000 Listed on: 03/18/2012

AZ Brokerage Holdings, LLC

Property Details

Property Type

  • Other

Year Built

  • Built in 1975

Lot Details

  • 4.42 Acre Lot
  • Block Wall Fence
  • Property is zoned SF-35

Home Design

  • 7,200 Sq Ft Home
  • Tile Roof
  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 145 Open Parking Spaces
  • 145 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Tax Lot 081
  • Assessor Parcel Number 304-10-081

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are Irregular
  • Porter Acres Unit Two Subdivision

Building Details

  • Operating Expense $5

Property Details

Property Type

Other

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Cross Street: East Houston and N Lindsay Rd
  • Property Type: Comm/Industry Sale
  • Zoning: SF-35
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1975
  • Tax Year: 2011
  • Directions: South on Gilbert Rd, east on Houston Ave to North Lindsay Rd, subject on the northeast corner.
  • Lot Size Acres: 4.42
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Subdivision Name: Porter Acres Unit Two
  • Structure Type: Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood, Concrete
  • Living Area: 7200.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Composition, Tile
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 145.0
  • Total Parking Spaces: 145.0
  • General Property Description:Uncvrd Parking Spcs: 145.0
  • General Property Description:Total Parking Spcs: 145.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Central A/C
  • Heating: Heat Pump, 2 or More Units, Electric
  • Green Building Features: Raised Floor
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Fee Information

  • Annual Fuel Expense: 1.0
  • Trash Expense: 1.0
  • Annual Water Sewer Expense: 1.0

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 192688.0
  • Parcel #: 304-10-081
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1.0
  • Insurance Expense: 1.0
  • Annual Operating Expense: 5.0
  • Leasable Area: 7200.0

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 081
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2015
Closed on
Aug 30, 2016
Sold by
Abbott David J
Bought by
Arizona Conference Corporation Of Sevent
Seller's Agent
Mike Caruso
HomeSmart
Buyer's Agent
Earle Shroyer
AZ Brokerage Holdings, LLC
List Price
$1,850,000
Sold Price
$1,650,000
Premium/Discount to List
-$200,000
-10.81%
Current Estimated Value
$3,287,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,637,754
Avg. Annual Appreciation
7.94%
Original Mortgage
$850,000
Interest Rate
3.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 22, 2014
Sold by
Bios Christian Academy
Bought by
Abbott David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 18, 2012
Closed on
Apr 11, 2012
Sold by
Cornerstone Church Of Arizona
Bought by
Bios Christianacademy
Seller's Agent
Earle Shroyer
AZ Brokerage Holdings, LLC
Buyer's Agent
Earle Shroyer
AZ Brokerage Holdings, LLC
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$525,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2001
Sold by
Community Baptist Church
Bought by
Corner Stone Ministries Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Special Warranty Deed $1,650,000 Commercial
Deed In Lieu Of Foreclosure -- Accommodation
Special Warranty Deed $850,000 Stewart Title & Trust Of Pho
Warranty Deed $795,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 Future Advance Clause Open End Mortgage
Closed $850,000 Future Advance Clause Open End Mortgage
Previous Owner $550,000 Commercial
Previous Owner $690,000 Construction
Previous Owner $600,000 Commercial
Previous Owner $525,000 Commercial
Previous Owner $495,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold $1,650,000 -10.8% $173 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/07/2015 07/07/15 For Sale $1,850,000 +117.6% $194 / Sq Ft
04/11/2012 04/11/12 Sold $850,000 -5.0% $118 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $895,000 -- $124 / 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 -- $191,277 -- --
2024 -- $182,169 -- --
2023 $0 $346,500 $152,730 $193,770
2022 $0 $272,700 $100,215 $172,485
2021 $0 $264,660 $92,595 $172,065
2020 $0 $277,140 $104,355 $172,785
2019 $0 $266,730 $98,640 $168,090
2018 $0 $287,355 $122,430 $164,925
2017 $0 $226,275 $113,370 $112,905
2016 $14,928 $209,295 $101,220 $108,075
2015 $14,520 $167,008 $70,240 $96,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4731619

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-11-989