NOT LISTED FOR SALE

Estimated Value: $254,892

-- Bed
-- Bath
4,608 Sq Ft
$55/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $5,791 $1 Per Sq Ft

Est. 4,302% increase in value since last sale

Current estimated payment $1,648/month

46 Days on Market

About This Home

As of July 2024

This recently updated warehouse space in Phoenix, AZ is perfect for a number of commercial and light industrial business types. With 1,334 sf of space, including 11' to 13' ft high ceilings, a new AC unit, private restroom, and roll-up doors, this suite is ideal for automotive and flex uses. Additionally, the space includes a 1,058 sf enclosed canopy that fronts Hatcher Road, providing excellent visibility. The central location near the I-17 and SR-51 makes it easy for businesses of all types to benefit from this prime light industrial space in Sunnyslope.

Last Agent to Sell the Property

Geoffrey Adams

Realty ONE Group License #BR627564000 Listed on: 04/03/2024

Last Buyer's Agent

Chad Coulter

Century 21 Northwest License #SA693958000

Century 21 Northwest

Property Details

Property Type

  • Other

Year Built

  • Built in 1962

Lot Details

  • 8,137 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned C-2

Home Design

  • Tile Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 4,608 Sq Ft Home
  • Concrete Flooring

Parking

  • 16 Parking Spaces
  • 8 Covered Spaces
  • Private Parking
  • Paved Parking

Community Details

  • Hatcher Tract Subdivision

Listing and Financial Details

  • Property Available on 4/30/24
  • Tenant pays for trash collection, electricity, gas, exterior repair, water, sewer, liability insurance
  • The owner pays for property taxes
  • Tax Lot 6
  • Assessor Parcel Number 158-23-007-A

Property Details

Property Type

Other

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Hatcher & 19h Ave
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 43056.0
  • Lease Info Annual Lse Prc P S F: 18.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2392
  • Year Built: 1962
  • Tax Year: 2023
  • Directions: Head east on W Hatcher Rd Destination will be on the left
  • Lot Size Acres: 0.19
  • Road Surface Type: Asphalt
  • Subdivision Name: HATCHER TRACT
  • Structure Type: Commercial, Office, Distribution/Warehse
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 4608.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Tile, Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Other
  • Heating: Other
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 8137.0
  • Additional Parcels: No
  • Parcel #: 158-23-007-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2024-04-30

Multi Family

  • Owner Pays: Property Taxes
  • Tenant Pays: Trash Collection, Electricity, Gas, Exterior Repair, Water, Sewer, Liability Insurance
  • Existing Lease Type: Gross
  • Leasable Area: 2392.0

Tax Info

  • Tax Annual Amount: 3610.0
  • Tax Book Number: 158.00
  • Tax Lot: 6
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 31, 2024
Sold by
Sweis Musa and Sweis Sara
Bought by
R & R Investment Group Llc
Seller's Agent
Geoffrey Adams
Realty ONE Group
Buyer's Agent
Chad Coulter
Century 21 Northwest
List Price
$3,986
Sold Price
$5,791
Premium/Discount to List
$1,805
45.28%
Views
37
Current Estimated Value
$254,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,101
Avg. Annual Appreciation
2023.86%

Purchase Details

Listed on
May 6, 2014
Closed on
Jan 9, 2015
Sold by
Wedwick David and Wedwick Gihan
Bought by
Sweis Musa and Sweis Sara
Seller's Agent
Tom 'BIG T' Ross
Coldwell Banker Realty
Buyer's Agent
Keith Grayson
Grayson Real Estate
List Price
$209,000
Sold Price
$115,000
Premium/Discount to List
-$94,000
-44.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.04%

Purchase Details

Closed on
Apr 18, 2012
Sold by
Rajcevich Joseph F and Rajcevich Sara H
Bought by
Wedwick David and Wedwick Gihan

Purchase Details

Closed on
Jun 11, 2009
Sold by
Forbis Walter E
Bought by
Rajcevich Joseph F and Rajcevich Sara H

Purchase Details

Closed on
Jul 16, 1997
Sold by
Butler Benjamin A and Butler Earlene M
Bought by
Rajcevich Joseph F and Rajcevich Sara
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
R & R Investment Group Llc -- --
Sweis Musa $115,000 Dhi Title Agency
Wedwick David $100,000 Lawyers Title Of Arizona Inc
Rajcevich Joseph F -- None Available
Rajcevich Joseph F $94,000 Security Title Agency
Forbis Walter E -- Security Title Agency
Forbis Walter E $94,000 Security Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $5,791 +61.4% $1 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $3,588 -10.0% $1 / Sq Ft
04/03/2024 04/03/24 For Sale $3,986 -96.5% $1 / Sq Ft
01/09/2015 01/09/15 Sold $115,000 -45.0% $33 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
05/05/2014 05/05/14 For Sale $209,000 -- $60 / 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 $3,569 $28,296 -- --
2024 $3,610 $27,791 -- --
2023 $3,610 $47,158 $12,206 $34,952
2022 $3,595 $43,821 $10,693 $33,128
2021 $3,746 $30,114 $10,998 $19,116
2020 $3,652 $30,654 $11,736 $18,918
2019 $3,585 $28,944 $10,962 $17,982
2018 $3,491 $28,080 $10,278 $17,802
2017 $3,474 $26,136 $9,882 $16,254
2016 $3,411 $24,282 $9,630 $14,652
2015 $3,246 $20,499 $8,122 $12,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6685814

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-23-007A