NOT LISTED FOR SALE

16700 N Thompson Peak Pkwy Unit 240 Scottsdale, AZ 85260

McDowell Mountain Ranch Neighborhood
-- Bed
-- Bath
1,634 Sq Ft
1,634 Sq Ft Lot

Last Sold March 07, 2022

Last sale price $490,000 $300 Per Sq Ft

92 Days on Market

Highlights

  • Central Air
  • Desert Canyon Elementary School Rated A
  • Heating Available

About This Home

As of March 2022

Premium office condominium space in a first class building complex. High quality interior build out with stylish appeal. Second story unit (elevator to second floor) with windows throughout and view of McDowell Mountains. Total of 5 offices and one conference room. Fantastic location, easy access to 101 freeway in North Scottsdale near Ice Den, TPC Scottsdale Golf Course, DC Ranch and more. Very well maintained and professionally managed building complex. Current month to month tenant willing to sign 2 year gross lease at $3,000 per month making deal a 5.5% cap.

Last Agent to Sell the Property

Adam Polacek

HomeSmart License #SA652087000 Listed on: 09/07/2021

HomeSmart

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,763

Year Built

  • Built in 2005

Lot Details

  • 1,634 Sq Ft Lot
  • Property is zoned (1572) OFC COND

Home Design

  • 1,634 Sq Ft Home
  • Stucco

Parking

  • 10 Open Parking Spaces
  • 12 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 240
  • Assessor Parcel Number 217-14-980

Community Details

Overview

  • Offices At Mcdowell Mountain Condominium Subdivision

Building Details

  • Operating Expense $7,340
  • Net Operating Income $26,998

Property Details

Property Type

Other

Est. Annual Taxes

$3,763

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Bell and Thompson Peak Pkwy
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: (1572) OFC COND
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 2005
  • Tax Year: 2021
  • Lot Size Acres: 0.04
  • Subdivision Name: OFFICES AT MCDOWELL MOUNTAIN CONDOMINIUM
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Stucco
  • Roof: Rolled/Hot Mop
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 1634.0
  • Additional Parcels: No
  • Parcel #: 217-14-980
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 26998.0
  • Annual Operating Expense: 7340.2

Tax Info

  • Tax Annual Amount: 3763.0
  • Tax Book Number: 217.00
  • Tax Lot: 240
  • Tax Map Number: 14.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Sold $490,000 +4.3% $300 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/11/2021 11/11/21 Price Changed $470,000 -5.1% $288 / Sq Ft
09/07/2021 09/07/21 For Sale $495,000 -- $303 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Adam Polacek

    HomeSmart

    Section Image

  • N

    Buyer's Agent in 2022

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6290011

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Scottsdale 85260 McDowell Mountain Ranch

16700 N Thompson Peak Pkwy Unit 240, Scottsdale, AZ

Not Listed for Sale

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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