NOT LISTED FOR SALE

15100 N 78th Way Unit 101 Scottsdale, AZ 85260

Estimated Value: $12,490,362

-- Bed
-- Bath
31,687 Sq Ft
$394/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $7,858 $0 Per Sq Ft

Est. 158,851% increase in value since last sale

Current estimated payment $70,560/month

711 Days on Market

About This Home

As of May 2020

Former Bank Suite, full high-end build out with 7 offices, conference, lobby with 3 teller stations, server room and full walk in vault plus separate safe in secure room.

Suite is offered completely furnished with highend custom desks, chairs tables.

Space plan Modifications will be considered.

Alternative conceptual floor plan to create 2 additional offices by removing teller stations has been created and attached.

Building offers new high end security systems with all Main door - off hours auto locking, security cameras for lobby and parking area

Last Agent to Sell the Property

William Schuckert

Edge Real Estate Services, L.L.C. License #BR009229000 Listed on: 05/22/2018

Last Buyer's Agent

William Schuckert

Edge Real Estate Services, L.L.C. License #BR009229000 Listed on: 05/22/2018

Property Details

Property Type

  • Other

Year Built

  • Built in 1985

Lot Details

  • 1.97 Acre Lot
  • Property is zoned I-1

Home Design

  • Foam Roof
  • Block Exterior
  • Metal Siding
  • Stucco

Interior Spaces

  • 31,687 Sq Ft Home
  • Carpet

Parking

  • 5 Open Parking Spaces
  • 9 Parking Spaces
  • 4 Covered Spaces
  • Paved Parking

Utilities

  • Heat Pump System

Community Details

  • Scottsdale Industrial Airpark No 7 Lot 1 16 Tr A Subdivision

Listing and Financial Details

  • Property Available on 10/21/19
  • Tenant pays for contents insurance
  • The owner pays for management fees, property taxes, exterior maint, common area maintenance, janitorial, bldg liability ins, fire insurance-bldg, trash, sewer, water, electricity
  • Tax Lot 12
  • Assessor Parcel Number 215-55-034

Property Details

Property Type

Other

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Hayden and Raintree
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: I-1
  • Lease Info Annual Exp Stop Sq Ft: 1.0
  • Lease Info Annual Lease Price: 94300.0
  • Lease Info Annual Lse Prc P S F: 23.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-8
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 4100
  • Year Built: 1985
  • Tax Year: 2016
  • Directions: Hayden and Raintree North to 82nd, West to Lex Capital Center
  • Lot Size Acres: 1.97
  • Subdivision Name: SCOTTSDALE INDUSTRIAL AIRPARK NO 7 LOT 1-16 TR A
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 31687.0

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Metal Siding, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Construction:Metal: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Master Meter
  • Cooling: Heat Pump
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes

Lot Info

  • Lot Size Sq Ft: 85800.0
  • Additional Parcels: No
  • Parcel #: 215-55-034
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2019-10-21

Multi Family

  • Owner Pays: Management Fees, Property Taxes, Exterior Maint, Common Area Maint, Janitorial, Bldg Liability Ins, Fire Insurance-Bldg, Trash, Sewer, Water, Electricity
  • Tenant Pays: Contents Insurance
  • Existing Lease Type: Gross, Tax Escalation, Full Service
  • Leasable Area: 4100.0

Tax Info

  • Tax Annual Amount: 50569.0
  • Tax Book Number: 215.00
  • Tax Lot: 12
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2016
Sold by
Lex Capital Us Corp
Bought by
Cherokee Aviation Holdings Llc
Current Estimated Value
$12,490,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,576,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2011
Sold by
Lpc Investments Llc
Bought by
Lex Capital U S Corp

Purchase Details

Closed on
Feb 18, 1998
Sold by
Ray C N
Bought by
Lpc Investments Llc
Source: Public Records

Range of Values:

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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
Cherokee Aviation Holdings Llc $6,620,443 Fidelity Natl Title Agency
Lex Capital U S Corp $3,839,776 Fidelity National Title Insu
Lpc Investments Llc $2,900,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherokee Aviation Holdings Llc $4,576,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $7,858 0.0% $0 / Sq Ft
05/23/2018 05/23/18 Price Changed $7,860 -8.0% $0 / Sq Ft
05/21/2018 05/21/18 For Sale $8,541 -- $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 $52,055 $569,146 -- --
2024 $52,837 $558,983 -- --
2023 $52,837 $1,102,433 $334,016 $768,417
2022 $53,621 $1,071,875 $336,735 $735,140
2021 $56,146 $1,079,316 $346,356 $732,960
2020 $54,573 $924,660 $320,058 $604,602
2019 $54,985 $1,055,160 $324,324 $730,836
2018 $53,482 $1,042,074 $285,678 $756,396
2017 $51,134 $857,898 $285,678 $572,220
2016 $50,569 $839,268 $248,382 $590,886
2015 $49,530 $745,772 $227,106 $518,666
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    William Schuckert

    Edge Real Estate Services, L.L.C.

    (480) 922-0460

    2 Total Sales

    William Schuckert
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5769347

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-55-034

Arizona Maricopa County Scottsdale 85260

15100 N 78th Way Unit 101, Scottsdale, AZ

This home is located at 15100 N 78th Way Unit 101, Scottsdale, AZ 85260 since 22 May 2018 and is currently estimated at $12,490,362, approximately $394 per square foot. This property was built in 1985. 15100 N 78th Way Unit 101 is a home located in Maricopa County with nearby schools including Sonoran Sky Elementary School, Desert Shadows Middle School, and Horizon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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