NOT LISTED FOR SALE

1321 N 16th St Show Low, AZ 85901

Estimated Value: $521,341

-- Bed
-- Bath
3,000 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $225,000 $75 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,753/month

117 Days on Market

About This Home

As of December 2015

Commercial/Warehouse building with land located in the Crossroads Commerce Center in Show Low. Many improvements have been made to this property inside and out. The three offices and bathroom with shower total 765 sf. and is fully air conditioned. The warehouse with a 10'X 12' overhead door is 2235 sf. The majority of the property is fenced. This landscaped and total masonry building is in immaculate condition. All furniture available for purchase outside of escrow. There is an Avigation Easement over a portion of the property. Owner will carry loan or consider a lease/purchase option.

Last Agent to Sell the Property

Joyce Schusler

Diane Dahlin's Pine Rim Realty License #SA560499000 Listed on: 07/07/2015

Last Buyer's Agent

Joyce Schusler

Diane Dahlin's Pine Rim Realty License #SA560499000 Listed on: 07/07/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,321

Year Built

  • Built in 2006

Lot Details

  • 1.26 Acre Lot
  • Chain Link Fence
  • Property is zoned commercial

Home Design

  • Metal Roof
  • Block Exterior

Interior Spaces

  • 3,000 Sq Ft Home
  • Concrete Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number 210-49-120

Community Details

Overview

  • Crossroads Commerce Center Subdivision

Building Details

  • Operating Expense $17,328
  • Gross Income $25,225
  • Net Operating Income $13,545

Property Details

Property Type

Other

Est. Annual Taxes

$4,321

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: commercial
  • Current Use: Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 2006
  • Tax Year: 14
  • Directions: White Mountain Blvd to west on Adams (by Show Low Ford). Follow Adams to N.16th St. and follow to sign on right.
  • Lot Size Acres: 1.26
  • Road Surface Type: Asphalt
  • Subdivision Name: Crossroads Commerce Center
  • Structure Type: Commercial, Office, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Block
  • Roof: Metal
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes

Utilities

  • Electric: City Electric
  • Cooling: Warehouse Fan(s), Office A/C
  • Heating: Natural Gas
  • Green Building Features: Showers - Office
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Showers - Office: Yes

Fee Information

  • Annual Fuel Expense: 1015.08
  • Trash Expense: 903.48
  • Annual Water Sewer Expense: 689.16

Lot Info

  • Lot Size Sq Ft: 54886.0
  • Additional Parcels: No
  • Parcel #: 210-49-120
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 753.24
  • Annual Gross Income: 25224.78
  • Insurance Expense: 567.0
  • Maintenance Expense: 3300.0
  • Property Net Operating Income: 13545.48
  • Annual Operating Expense: 17327.92
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 4321.0
  • Tax Book Number: 210.00
  • Tax Lot: 120
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2018
Sold by
City Of Show Low
Bought by
Pet Allies Inc
Current Estimated Value
$521,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2018
Sold by
1321 Sl Llc
Bought by
City Of Show Low

Purchase Details

Listed on
Jul 7, 2015
Closed on
Nov 3, 2015
Sold by
Azcs Properties Llc
Bought by
1321 Sl Llc
Seller's Agent
Joyce Schusler
Diane Dahlin's Pine Rim Realty
Buyer's Agent
Joyce Schusler
Diane Dahlin's Pine Rim Realty
List Price
$309,000
Sold Price
$225,000
Premium/Discount to List
-$84,000
-27.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$0
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2013
Sold by
National Bank Of Arizona
Bought by
Azcs Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2013
Sold by
Whipple Gerry and Whipple Marcia
Bought by
National Bank Of Arizona
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
Pet Allies Inc -- Lawyers Title
City Of Show Low $280,000 Lawyers Title Of Arizona Inc
1321 Sl Llc $225,000 Lawyers Title Of Arizona Inc
Azcs Properties Llc $210,000 Lawyers Title Of Arizona Inc
National Bank Of Arizona $216,898 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pet Allies Inc $282,000
Previous Owner Azcs Properties Llc $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2015 12/17/15 Sold $225,000 -27.2% $75 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $309,000 -- $103 / 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
2026 -- -- -- --
2025 -- $94,565 $10,867 $83,698
2024 $0 $90,014 $10,867 $79,147
2023 $0 $74,645 $10,867 $63,778
2022 $4,321 $0 $0 $0
2021 $0 $0 $0 $0
2020 $4,321 $0 $0 $0
2019 $4,321 $0 $0 $0
2018 $0 $0 $0 $0
2017 $4,319 $0 $0 $0
2016 $4,321 $0 $0 $0
2015 $4,275 $37,939 $11,471 $26,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5303693

Arizona Regional Multiple Listing Service (ARMLS)

APN: 210-49-120