NOT LISTED FOR SALE

15600 N 78th St Scottsdale, AZ 85260

Estimated Value: $5,315,666

-- Bed
-- Bath
13,431 Sq Ft
$396/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $1,936,117 $144 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $30,650/month

15 Days on Market

Highlights

  • Gated Community
  • Community Kitchen
  • Ceramic Tile Flooring
  • Sonoran Sky Elementary School Rated A
  • Cooling Available
  • Heating Available

About This Home

As of December 2015

Offered for sale is a ±13,430 Square Foot Office Building located on a 1 Acre Site. The office building includes 2 Large Garage Spaces with Roll-up Door, 2 Large work areas, Large Kitchen/Break Room, 18 Private Offices, Conference Room, Secure Reception/Waiting Area, Server and Electrical Rooms, 2 Private Restrooms, 2 Group Restrooms (Men and Women' s), Storage Room, Large Lounge Room. Visitor Parking and Gated Private Parking included; 40 Total Spaces.Located in the Scottsdale Airpark, 0.32 Miles west of the runway and 0.70 Miles from N. Scottsdale Road. Near Promenade Shopping Center, Kierland Commons, and Scottsdale Quarter

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 10/22/2015

Co-Listed By

Justin Cirell

R.O.I. Properties License #SA644392000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $27,942

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot
  • Block Wall Fence
  • Property is zoned I-1

Home Design

  • 13,431 Sq Ft Home
  • Concrete Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 40 Parking Spaces
  • Public Parking
  • 20 Covered Spaces
  • Private Parking
  • Free Parking
  • Fenced Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 215-47-043

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • North Scottsdale Airpark Unit 4 Subdivision
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$27,942

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: I-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1997
  • Tax Year: 2015
  • Lot Size Acres: 1.0
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: NORTH SCOTTSDALE AIRPARK UNIT 4
  • Structure Type: Commercial, Office, Distribution/Warehse
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 13431.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Block
  • Roof: Concrete
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 20.0
  • Parking Features: Parking Lot, Private, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 40.0
  • General Property Description:Covered Parking Spcs: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 40.0
  • Parking Features Private Parking: Yes
  • Parking Features Free: Yes
  • Parking Features Public Parking: Yes
  • Parking Features Fenced: Yes

Utilities

  • Electric: SRP
  • Cooling: Office A/C, Warehouse A/C
  • Heating: Other, See Remarks
  • Green Building Features: Conference Room, Reception Room, Kitchen, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 43733.0
  • Parcel #: 215-47-043

Tax Info

  • Tax Book Number: 215.00
  • Tax Lot: 18
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
Les And Nss Irrevocable Trust and Santacruz Louis Edward
Bought by
Corporate 78Th Street Llc
Current Estimated Value
$5,315,666

Purchase Details

Closed on
Jul 21, 2023
Sold by
Ahst 298 Llc
Bought by
Les And Nss Irrevocable Trust and Santacruz

Purchase Details

Closed on
Feb 21, 2023
Sold by
Rs-15600 Llc
Bought by
Ahst 298 Llc

Purchase Details

Listed on
Oct 22, 2015
Closed on
Dec 15, 2015
Sold by
Arizona Department Of Public Safety
Bought by
Rs-15600 Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,750,000
Sold Price
$1,936,117
Premium/Discount to List
$186,117
10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$774,417
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 10, 2006
Sold by
Warfield Lawrence J
Bought by
Arizona Department Of Public Safety

Purchase Details

Closed on
Mar 27, 2001
Sold by
Consoli Geraldine
Bought by
Consoli Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,361,280
Interest Rate
6.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2001
Sold by
Airpark Holdings V Llc
Bought by
Consoli Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,361,280
Interest Rate
6.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2000
Sold by
Land Ho Llc
Bought by
Airpark Holdings V Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
7.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 16, 1996
Sold by
Masano Thomas M and Masano Linda V
Bought by
Land Ho Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 1994
Sold by
Herberger Enterprises Inc
Bought by
Masano Thomas M and Masano Linda V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,764
Interest Rate
8.8%
Mortgage Type
Seller Take Back
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
Corporate 78Th Street Llc -- None Listed On Document
Les And Nss Irrevocable Trust $5,021,182 Thomas Title & Escrow
Ahst 298 Llc $4,625,350 Thomas Title & Escrow
Rs-15600 Llc $1,936,117 Grand Canyon Title Agency
Arizona Department Of Public Safety -- None Available
Consoli Michael -- --
Consoli Geraldine $1,712,500 Stewart Title & Trust
Airpark Holdings V Llc $1,425,000 First American Title
Land Ho Llc -- First American Title
Masano Thomas M $174,764 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rs-15600 Llc $774,417
Previous Owner Rs-15600 Llc $968,000
Previous Owner Rs-15600 Llc $794,000
Previous Owner Consoli Geraldine $1,361,280
Previous Owner Airpark Holdings V Llc $425,000
Previous Owner Land Ho Llc $850,000
Previous Owner Masano Thomas M $85,764
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2015 12/17/15 Sold $1,936,117 +10.6% $144 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $1,750,000 -- $130 / 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 $27,942 $305,059 -- --
2024 $28,358 $299,612 -- --
2023 $28,358 $435,540 $174,012 $261,528
2022 $28,779 $363,983 $170,678 $193,305
2021 $30,126 $352,656 $175,554 $177,102
2020 $29,285 $301,626 $164,232 $137,394
2019 $29,515 $256,950 $152,064 $104,886
2018 $28,706 $243,900 $146,196 $97,704
2017 $35,763 $304,578 $146,196 $158,382
2016 $35,127 $243,165 $109,260 $133,905
2015 -- $244,032 $105,232 $138,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5352115

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-47-043