NOT LISTED FOR SALE

Estimated Value: $1,183,577

-- Bed
-- Bath
6,181 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 05, 2017

Last sale price $537,000 $87 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $6,981/month

156 Days on Market

Highlights

  • Display Windows
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of April 2017

2600 sf Main Street Frontage. Direct access to 2 Metro Light Rail stations.

Last Agent to Sell the Property

Joan Krueger

Bliss Realty & Investments License #SA579766000 Listed on: 11/01/2016

Co-Listed By

George Bliss

ProSmart Realty License #SA110285000

Last Buyer's Agent

Joan Krueger

Bliss Realty & Investments License #SA579766000 Listed on: 11/01/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,814

Year Built

  • Built in 1950

Lot Details

  • 5,514 Sq Ft Lot
  • Property is zoned TCB-1

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,181 Sq Ft Home
  • Display Windows
  • Concrete Flooring

Parking

  • Public Parking
  • Free Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Mesa Subdivision
  • Showroom

Listing and Financial Details

  • Property Available on 11/1/16
  • Tenant pays for trash collection, electricity, gas, water, sewer, contents insurance, liability insurance, janitorial service
  • The owner pays for property taxes, common area maintenance, bldg liability ins, sewer
  • Tax Lot 1
  • Assessor Parcel Number 138-35-013

Property Details

Property Type

Other

Est. Annual Taxes

$4,814

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: MacDonald & Main
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: TCB-1
  • Lease Info Annual Lease Price: 31200.0
  • Lease Info Annual Lse Prc P S F: 12.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2600
  • Year Built: 1950
  • Tax Year: 2016
  • Directions: From US 60, north on Country Club to Main Street, east to property. From SR 202 Red Mountain Freeway, south on Country Club, east to property.
  • Lot Size Acres: 0.13
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Co List Office Mls Id: brel001
  • Co List Office Phone: 480-447-7442
  • Subdivision Name: Mesa
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 6181.0

Exterior Features

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

Garage/Parking

  • Parking Features: Public Parking, Free
  • Attached Garage: No
  • Parking:Free: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Showroom, Display Window(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Showroom: Yes
  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size Sq Ft: 5514.0
  • Additional Parcels: No
  • Parcel #: 138-35-013
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2016-11-01

Multi Family

  • Owner Pays: Property Taxes, Common Area Maint, Bldg Liability Ins, Sewer
  • Tenant Pays: Trash Collection, Electricity, Gas, Water, Sewer, Contents Insurance, Liability Insurance, Janitorial Service
  • Existing Lease Type: Gross
  • Leasable Area: 2600.0

Tax Info

  • Tax Annual Amount: 4814.0
  • Tax Book Number: 138.00
  • Tax Lot: 1
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Mar 26, 2017
Sold by
Ca2p L L C
Bought by
Main Street West Llc
Seller's Agent
Joan Krueger
Bliss Realty & Investments
Buyer's Agent
Joan Krueger
Bliss Realty & Investments
List Price
$2,600
Sold Price
$537,000
Premium/Discount to List
$534,400
20553.85%
Current Estimated Value
$1,183,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,577
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
Oct 26, 2000
Sold by
Arnush Terry T and Tearston Gary M
Bought by
Cap2p+ Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.9%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Main Street West Llc $575,000 First American Title Insuran
Cap2p+ Llc $105,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ca2p Llc $335,000
Previous Owner Ca2p Llc $300,000
Previous Owner Ca2p+Llc $125,000
Previous Owner Cap2p+ Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2017 04/05/17 Sold $537,000 +20553.8% $87 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
10/31/2016 10/31/16 For Sale $2,600 -- $0 / 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 $5,336 $45,369 -- --
2024 $5,513 $44,559 -- --
2023 $5,513 $69,581 $16,966 $52,615
2022 $5,552 $60,638 $11,060 $49,578
2021 $5,602 $62,154 $11,376 $50,778
2020 $5,536 $61,578 $11,304 $50,274
2019 $5,212 $60,264 $11,448 $48,816
2018 $5,026 $57,312 $9,450 $47,862
2017 $4,894 $58,734 $8,748 $49,986
2016 $4,814 $53,604 $7,614 $45,990
2015 $4,653 $34,429 $6,827 $27,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5518962

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-35-013