NOT LISTED FOR SALE

Estimated Value: $2,465,321

-- Bed
-- Bath
32,428 Sq Ft
$76/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $2,100,000 $65 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $17,107/month

13 Days on Market

About This Home

As of October 2021

100% leased. Three separate office buildings.
10341,13201,13231 N. 35th Ave. Buildings have just been painted. Five new A/C units. The parking lot, at the end of August, is scheduled for repair and in September the asphalt and striping. The rents are below market, and when released they are being increased to market rate.

Last Agent to Sell the Property

Sabrina Walters

SLW Realty Group, LLC License #BR022776000 Listed on: 08/20/2021

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $41,820

Year Built

  • Built in 1982

Lot Details

  • 2.03 Acre Lot
  • Property is zoned C-O

Home Design

  • 32,428 Sq Ft Home
  • Stucco

Parking

  • 100 Open Parking Spaces
  • 100 Parking Spaces

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot -/-/-
  • Assessor Parcel Number 149-24-001-P

Community Details

Overview

  • 3 Buildings

Building Details

  • Operating Expense $115,420
  • Gross Income $348,144
  • Net Operating Income $232,724

Property Details

Property Type

Other

Est. Annual Taxes

$41,820

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Thunderbird and 35th Ave
  • Property Type: Comm/Industry Sale
  • Zoning: C-O
  • Current Use: Office
  • Number Of Buildings: 3
  • Year Built: 1982
  • Tax Year: 2021
  • Directions: South on 35th Ave from Thunderbird. The property is on the East side.
  • Lot Size Acres: 2.03
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: P
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: See Remarks
  • Construction Type: Stucco
  • Roof: Other, See Remarks
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 100.0
  • Total Parking Spaces: 100.0
  • General Property Description:Uncvrd Parking Spcs: 100.0
  • General Property Description:Total Parking Spcs: 100.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Other
  • Water Source: City Franchise
  • Heating:Other4: Yes

Fee Information

  • Trash Expense: 2400.0
  • Annual Water Sewer Expense: 3000.0

Lot Info

  • Lot Size Sq Ft: 88427.0
  • Additional Parcels: No
  • Parcel #: 149-24-001-P
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 28800.0
  • Annual Gross Income: 348144.0
  • Insurance Expense: 10000.0
  • Maintenance Expense: 21600.0
  • Property Net Operating Income: 232724.0
  • Annual Operating Expense: 115420.0

Tax Info

  • Tax Annual Amount: 41820.0
  • Tax Book Number: 149.00
  • Tax Lot: -/-/-
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Country Club Ventures Llc
Bought by
Burbs Llc
Total Days on Market
13
Current Estimated Value
$2,465,321

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 8, 2021
Sold by
Keaton James William
Bought by
Country Club Ventures Llc
Seller's Agent
Sabrina Walters
SLW Realty Group, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$2,950,000
Sold Price
$2,100,000
Premium/Discount to List
-$850,000
-28.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$796,521
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2021
Sold by
Nelson Robert Newell
Bought by
Keaton James William

Purchase Details

Closed on
Feb 17, 2017
Sold by
Nelson Robert N
Bought by
Keaton James William
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
Burbs Llc $2,425,000 Landmark Title
Country Club Ventures Llc $2,100,000 Landmark Ttl Assurance Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Country Club Ventures Llc $796,521
Previous Owner Nelson Robert N $2,600,000
Previous Owner Nelson Robert N $100,000
Previous Owner Nelson Robert N $600,000
Previous Owner Nelson Robert N $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $2,100,000 -28.8% $65 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $2,950,000 -- $91 / 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 $39,849 $315,934 -- --
2024 $40,309 $310,292 -- --
2023 $40,309 $563,839 $119,493 $444,346
2022 $40,142 $396,551 $112,508 $284,043
2021 $41,820 $402,336 $115,722 $286,614
2020 $40,776 $378,054 $88,524 $289,530
2019 $40,032 $351,072 $85,500 $265,572
2018 $38,983 $292,392 $57,852 $234,540
2017 $38,786 $286,650 $55,638 $231,012
2016 $38,080 $257,418 $68,922 $188,496
2015 $36,246 $246,846 $53,983 $192,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6281632

Arizona Regional Multiple Listing Service (ARMLS)

APN: 149-24-001P