NOT LISTED FOR SALE

Estimated Value: $4,224,875

-- Bed
-- Bath
9,738 Sq Ft
$434/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $930,295 $96 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $25,591/month

104 Days on Market

About This Home

As of June 2017

Medical & General Office Building For Sale in excellent North Phoenix location. +/- 9,735 SF building with approximately 7,700 SF available for an owner/user. Two strong tenants in place for immediate income and offset holding costs. Frontage along 35th Avenue with a large monument sign. Call for more information!

Last Listed By

Eric Ferber

Cutler Commercial License #SA653578000 Listed on: 01/04/2017

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $22,270

Year Built

  • Built in 1985

Lot Details

  • 0.92 Acre Lot
  • Property is zoned C-1

Home Design

  • 9,738 Sq Ft Home
  • Brick Exterior Construction

Parking

  • 55 Open Parking Spaces
  • 55 Parking Spaces

Community Details

  • 2 Buildings
  • 35Th Ave Just North Of Greenway Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 207-15-019-F

Property Details

Property Type

Other

Est. Annual Taxes

$22,270

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 35th Ave North of Greenway
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Current Use: Mixed Use, Medical/Dental, Office
  • Number Of Buildings: 2
  • Year Built: 1985
  • Tax Year: 2016
  • Directions: 35th Ave Between Greenway & Bell Road
  • Lot Size Acres: 0.92
  • Subdivision Name: 35th Ave Just North of Greenway
  • Structure Type: Commercial, Office, Other (See Remarks)
  • Tax Parcel Letter: F
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Other, See Remarks
  • Construction Type: Brick
  • Roof: See Remarks, Other

Garage/Parking

  • Open Parking Spaces: 55.0
  • Total Parking Spaces: 55.0
  • General Property Description:Uncvrd Parking Spcs: 55.0
  • General Property Description:Total Parking Spcs: 55.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 40270.0
  • Additional Parcels: No
  • Parcel #: 207-15-019-F
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 22270.0
  • Tax Book Number: 207.00
  • Tax Lot: 1
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2020
Sold by
Nvm Properties Llc
Bought by
Achs Llc
Total Days on Market
104
Current Estimated Value
$4,224,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,977,500
Outstanding Balance
$1,784,567
Interest Rate
3.74%
Mortgage Type
Commercial
Estimated Equity
$2,534,684

Purchase Details

Listed on
Jan 4, 2017
Closed on
May 22, 2017
Sold by
15830 Joint Venture Llc
Bought by
Nvm Properties Llc
Seller's Agent
Eric Ferber
Cutler Commercial
Buyer's Agent
Eric Ferber
Cutler Commercial
List Price
$1,022,175
Sold Price
$930,295
Premium/Discount to List
-$91,880
-8.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.16%

Purchase Details

Closed on
Mar 16, 1999
Sold by
Dieterle Real Property Llc
Bought by
15830 Joint Venture Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
6.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 1994
Sold by
Dieterle Frederick J and Dieterle Judy Ann
Bought by
Dieterle Real Property L L C

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 Buyer Sale Price Title Company
Achs Llc $2,825,000 Chicago Title Agency
Nvm Properties Llc $930,295 Commonwealth Title
15830 Joint Venture Llc $900,000 Chicago Title Insurance Co
Dieterle Real Property L L C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Achs Llc $1,977,500
Previous Owner 15830 Joint Venture Llc $410,000
Previous Owner 15830 Joint Venture Llc $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Sold $930,295 -9.0% $96 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $1,022,175 -- $105 / 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 $23,305 $184,771 -- --
2024 $23,574 $181,472 -- --
2023 $23,574 $317,254 $61,064 $256,190
2022 $23,477 $294,035 $52,360 $241,675
2021 $24,458 $300,906 $53,856 $247,050
2020 $23,847 $260,694 $39,582 $221,112
2019 $23,412 $230,526 $37,746 $192,780
2018 $22,799 $154,080 $26,514 $127,566
2017 $22,684 $158,166 $25,488 $132,678
2016 $22,271 $140,958 $30,240 $110,718
2015 $21,198 $136,734 $31,728 $105,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5541681

Arizona Regional Multiple Listing Service (ARMLS)

APN: 207-15-019F