$580,000
SOLD DEC 19, 2024
-- Bed
-- Bath
1,516 Sq Ft
1,516 Sq Ft Lot

Recently Sold

$383 Per Sq Ft

2% Below List Price

29 Days on Market

About This Home

As of December 2024

This 1,516 SF office condo is located in Greenway Professional Park within the highly sought-after Paradise Valley
submarket and offers convenient access to the SR-51, which is less than one mile away. Built in 2005 and zoned C-1, this
move-in ready property is ideal for various professional services, such as law firms, marketing agencies, real estate firms, and medical offices. The layout includes a reception area, four large private offices, an open-concept break area, two workstations, and a restroom.

Last Agent to Sell the Property

Jake Vice

R.O.I. Properties License #SA697209000 Listed on: 11/07/2024

Co-Listed By

Tommy Moore

R.O.I. Properties License #SA708560000

Last Buyer's Agent

Darrelle Johnson

My Home Group Real Estate License #SA669037000

My Home Group Real Estate

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,186

Year Built

  • Built in 2005

Lot Details

  • 1,516 Sq Ft Lot
  • Property is zoned C-1

Home Design

  • 1,516 Sq Ft Home

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking

Community Details

  • Greenway Professional Park Condominium Replat Subdivision
  • Operating Expense $4,186

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 215-71-531

Property Details

Property Type

Other

Est. Annual Taxes

$4,186

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: N 40th St & E Greenway Rd
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2005
  • Tax Year: 2024
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: GREENWAY PROFESSIONAL PARK CONDOMINIUM REPLAT
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1516.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Green Building Features: Other (See Remarks)
  • Water Source: Other
  • Main Cooling Other: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 1516.0
  • Parcel #: 215-71-531
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4186.0
  • Leasable Area: 1516.0

Tax Info

  • Tax Annual Amount: 4186.0
  • Tax Book Number: 215.00
  • Tax Lot: 131
  • Tax Map Number: 71.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Dec 13, 2024
Sold by
A Mountain Group Llc
Bought by
Sabeti Arash
Seller's Agent
Jake Vice
R.O.I. Properties
Buyer's Agent
Darrelle Johnson
My Home Group Real Estate
List Price
$590,000
Sold Price
$580,000
Premium/Discount to List
-$10,000
-1.69%
Views
3
Current Estimated Value
$568,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,449
Avg. Annual Appreciation
-0.38%

Purchase Details

Closed on
Jan 5, 2023
Sold by
Page Holdings Llc
Bought by
A Mountain Group Llc

Purchase Details

Closed on
Mar 9, 2015
Sold by
Page Brian
Bought by
Page Holdings Llc

Purchase Details

Closed on
Dec 22, 2014
Sold by
Amber 40Th Street Holdings Llc
Bought by
Page Brian

Purchase Details

Closed on
May 9, 2014
Sold by
The Ault Companies Llc
Bought by
Amber 40Th Street Holdings Llc

Purchase Details

Closed on
Feb 24, 2006
Sold by
Greenway 40 Llc
Bought by
The Ault Companies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $580,000 Pioneer Title Agency
Special Warranty Deed $580,000 Pioneer Title Agency
Special Warranty Deed $350,000 Stewart Title & Trust Of Phoen
Special Warranty Deed -- None Available
Cash Sale Deed $195,000 First American Title Ins Co
Deed In Lieu Of Foreclosure -- Thomas Title & Escrow
Special Warranty Deed $260,828 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2024 12/19/24 Sold $580,000 -1.7% $383 / Sq Ft
11/07/2024 11/07/24 For Sale $590,000 -- $389 / 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 $4,167 $40,775 -- --
2024 $4,222 $40,047 -- --
2023 $4,222 $49,929 $9,979 $39,950
2022 $4,303 $42,018 $8,400 $33,618
2021 $4,439 $42,444 $8,478 $33,966
2020 $4,301 $41,328 $8,262 $33,066
2019 $4,307 $40,500 $8,100 $32,400
2018 $4,166 $35,226 $7,038 $28,188
2017 $3,993 $33,318 $6,660 $26,658
2016 $3,926 $31,374 $6,264 $25,110
2015 $3,737 $28,953 $5,791 $23,162
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6780986

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-71-531