NOT LISTED FOR SALE

Estimated Value: $567,092

-- Bed
-- Bath
3,501 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $290,000 $83 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,548/month

258 Days on Market

Highlights

  • Concrete Flooring
  • Shadow Mountain High School Rated A-
  • Heating Available

About This Home

As of May 2016

JUST REDUCED – OWNER MOTIVATED - MAKE OFFER!! Great investment opportunity!! Business frontage is on Cave Creek Rd with large sign on street. Nice single story finished office/reception area at front of block building with 3 large bays for work area. Customer parking area in front of office. Large storage area in back. Currently used for auto repair (dent removal). Tenant currently paying $2,400/month rent on month to month basis. Please do not disturb tenant. Great potential!! Property sold AS-IS WHERE-IS without warranties or repairs. Seller will not turn on utilities, if not currently on. Possible Owner financing. Buyer to verify all measurements, facts, figures, everything material to Buyer.

Last Listed By

Jennifer Patnode

Desert Dream Realty Brokerage Phone: 480-324-6050 License #BR516334000 Listed on: 05/15/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 1979

Lot Details

  • 9,747 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned C-2

Home Design

  • 3,501 Sq Ft Home
  • Tilt Up Walls
  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Heating Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 166-10-041-B

Community Details

Overview

  • Building Dimensions are Approximately 170' X 56'
  • Sun & Sand Blk 6 Subdivision

Additional Features

  • Reception Area
  • Operating Expense $4,046

Property Details

Property Type

Other

Est. Annual Taxes

$4,046

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: CACTUS AND CAVE CREEK RDS.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2015
  • Directions: N on Cave Creek Rd, past Sweetwater Ave to Property on Left (west side).
  • Attribution Contact: 480-324-6050
  • Lot Size Acres: 0.22
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: dedr01
  • Co List Office Phone: 480-252-8300
  • Subdivision Name: SUN & SAND BLK 6
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 3501.0

Exterior Features

  • Fencing: Other, See Remarks, Chain Link
  • Disclosures: None
  • Construction Type: See Remarks, Tilt-Up, Block
  • Roof: Composition, Built-Up
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Office A/C
  • Heating: Electric
  • Green Building Features: Reception Room
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size: Approximately 170' X 56'
  • Lot Size Sq Ft: 9747.0
  • Parcel #: 166-10-041-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4046.0

Tax Info

  • Tax Annual Amount: 4046.0
  • Tax Book Number: 166.00
  • Tax Lot: 3
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2016
Closed on
May 3, 2016
Sold by
Jb I Holdings Llc
Bought by
Shoreline Holdings Llc
Seller's Agent
Jennifer Patnode
Desert Dream Realty
Buyer's Agent
Scott Jackson
Realty ONE Group
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Total Days on Market
258
Current Estimated Value
$567,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,092
Avg. Annual Appreciation
7.71%
Original Mortgage
$260,000
Outstanding Balance
$210,075
Interest Rate
3.71%
Mortgage Type
Seller Take Back
Estimated Equity
$357,017

Purchase Details

Closed on
Aug 13, 2015
Sold by
Callahan Mark B and Duffield Jennifer
Bought by
Jb I Holdings Llc

Purchase Details

Closed on
Apr 6, 2008
Sold by
Callahan Mark B and Duffield Jennifer
Bought by
Jb Phoenix Llc

Purchase Details

Closed on
Dec 13, 2001
Sold by
Page Kenneth A and Page Katheryn J
Bought by
Callahan Mark B and Duffield Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
6.39%
Mortgage Type
Commercial

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
Shoreline Holdings Llc $290,000 First American Title Ins Co
Jb I Holdings Llc $275,000 None Available
Jb Phoenix Llc -- None Available
Callahan Mark B $260,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shoreline Holdings Llc $260,000
Previous Owner Callahan Mark B $327,000
Previous Owner Callahan Mark B $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $290,000 -3.0% $83 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
08/20/2015 08/20/15 For Sale $299,000 -- $85 / 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 $4,492 $43,764 -- --
2024 $4,572 $42,982 -- --
2023 $4,572 $43,622 $19,414 $24,208
2022 $4,659 $41,861 $19,058 $22,803
2021 $4,806 $42,480 $19,602 $22,878
2020 $4,657 $40,878 $17,766 $23,112
2019 $4,663 $38,376 $16,254 $22,122
2018 $4,510 $37,440 $15,210 $22,230
2017 $4,324 $37,890 $15,210 $22,680
2016 $4,252 $35,694 $14,382 $21,312
2015 $4,046 $31,339 $11,655 $19,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5324399

Arizona Regional Multiple Listing Service (ARMLS)

APN: 166-10-041B