NOT LISTED FOR SALE

16421 N Cave Creek Rd Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $1,028,508

-- Bed
-- Bath
2,289 Sq Ft
$449/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $958,750 $419 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,077/month

48 Days on Market

About This Home

As of December 2021

Former KFC fast food restaurant currently being operated as a used car, motorcycle and RV dealership. Zoned C-2SP with a permanent, special permit to operate as a used motor vehicle dealer. C-2 and all underlying uses are also allowed. +/-750 Sq ft office/lounge/bathrooms plus +/-1550 sq ft warehouse. Dealership has been operating since 2015 in this location. Owner will be continuing to operate but is relocating so business, furnishings, vehicles and vehicle service equipment (Lifts, tools, etc.) are not included in the sale.
Block construction with open span metal truss roof. Drop ceiling with acoustic tiles in office/lounge/bathrooms. 10' ceiling clearance height in warehouse. Rubber membrane roof is in excellent condition.

Last Agent to Sell the Property

Chris Lewis

Realty ONE Group License #SA519832000 Listed on: 08/10/2021

Co-Listed By

Ron Johnson

Realty ONE Group License #SA046969000

Last Buyer's Agent

Chris Lewis

Realty ONE Group License #SA519832000 Listed on: 08/10/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,217

Year Built

  • Built in 1974

Lot Details

  • 0.55 Acre Lot
  • Property is zoned C2

Home Design

  • Block Exterior

Interior Spaces

  • 2,289 Sq Ft Home
  • Concrete Flooring

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces
  • Fenced Parking

Community Details

  • Kay Acres 2 Lots 15, 16, 18 Blk C Subdivision
  • Reception Area
  • Operating Expense $8,217

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 214-27-003-B

Property Details

Property Type

Other

Est. Annual Taxes

$8,217

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: Cave Creek & Bell rd
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2020
  • Directions: South on Cave Creek to property on East side of road
  • Lot Size Acres: 0.55
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: reog14
  • Co List Office Phone: 480-285-0000
  • Subdivision Name: KAY ACRES 2 LOTS 15, 16, 18 BLK C
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 2289.0

Exterior Features

  • Construction Type: Block
  • Roof: See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Fenced
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C
  • Green Building Features: Reception Room
  • Water Source: City Franchise
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size Sq Ft: 23931.0
  • Parcel #: 214-27-003-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 8217.0

Tax Info

  • Tax Annual Amount: 8217.0
  • Tax Book Number: 214.00
  • Tax Lot: 16
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2015
Sold by
Kfc Corporation
Bought by
Auto Obsession Llc
Current Estimated Value
$1,028,508
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
Auto Obsession Llc $192,500 Fidelity Natl Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2021 12/16/21 Sold $958,750 -4.1% $419 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $999,950 -- $437 / 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 $7,676 $74,773 -- --
2024 $7,742 $73,438 -- --
2023 $7,742 $79,288 $42,653 $36,635
2022 $7,890 $70,648 $36,908 $33,740
2021 $8,424 $71,622 $37,962 $33,660
2020 $8,217 $70,326 $36,792 $33,534
2019 $8,228 $65,394 $32,760 $32,634
2018 $8,183 $71,640 $37,008 $34,632
2017 $7,844 $74,088 $37,008 $37,080
2016 $7,713 $71,208 $37,584 $33,624
2015 $7,341 $59,867 $29,656 $30,211
Source: Public Records

Agents Affiliated with this Home

  • Chris Lewis

    Seller's Agent in 2021

    Chris Lewis

    Realty One Group

    (602) 625-5384

    43 in this area

    127 Total Sales

    Chris Lewis
    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Ron Johnson

    Realty One Group

    (602) 980-9000

    2 in this area

    12 Total Sales

    Ron Johnson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6276955

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-27-003B

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

16421 N Cave Creek Rd, Phoenix, AZ

This home is located at 16421 N Cave Creek Rd, Phoenix, AZ 85032 since 10 August 2021 and is currently estimated at $1,028,508, approximately $449 per square foot. This property was built in 1974. 16421 N Cave Creek Rd is a home located in Maricopa County with nearby schools including Palomino Primary School, Palomino Intermediate School, and Greenway Middle 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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