NOT LISTED FOR SALE
Studio
-- Bath
1,775 Sq Ft
7,671 Sq Ft Lot

Last Sold June 24, 2016

Last sale price $270,000 $152 Per Sq Ft

5 Days on Market

Highlights

  • Meeting Room
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Madison Heights Elementary School Rated A-
  • Central Air

About This Home

As of June 2016

Perfect location for your small business. Bethany Home Road frontage, just feet from SR-51 Piestawa Freeway access. Covered parking in rear. Very clean and move-in ready. Extensive tile flooring, 4 large offices, private conference room and an open reception area. Location, location, location. A rare find and priced to sell. This won't last long.

Last Agent to Sell the Property

Kenneth Clark

HomeSmart License #SA019669000 Listed on: 04/11/2016

Co-Listed By

Matt Wright

Realty ONE Group License #SA639232000

Last Buyer's Agent

Cortney Smith

Fathom Realty Elite License #SA545580000

Fathom Realty Elite

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,157

Year Built

  • Built in 1952

Lot Details

  • 7,671 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned R-O

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,775 Sq Ft Home
  • Ceramic Tile Flooring

Parking

  • 1 Open Parking Space
  • 4 Parking Spaces
  • Public Parking
  • 3 Covered Spaces
  • Private Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 164-39-048

Community Details

Overview

  • Madison Village 2 Subdivision

Amenities

  • Meeting Room
  • Reception Area

Property Details

Property Type

Other

Est. Annual Taxes

$5,157

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: SR-51 Piestawa Freeway and Bethany Home Road
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-O
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2015
  • Lot Size Acres: 0.18
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: MADISON VILLAGE 2
  • Structure Type: Commercial, Office
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1775.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Parking Lot, Private, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features Private Parking: Yes
  • Parking Features Public Parking: Yes
  • Parking Features Fenced: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Natural Gas
  • Green Building Features: Conference Room, Reception Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 7671.0
  • Parcel #: 164-39-048

Tax Info

  • Tax Annual Amount: 5157.0
  • Tax Book Number: 164.00
  • Tax Lot: 48
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 9, 2016
Sold by
North Central Properties Lllp
Bought by
Independent Properties Llc
Seller's Agent
Kenneth Clark
HomeSmart
Buyer's Agent
Cortney Smith
Fathom Realty Elite
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$330,294
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2016
Sold by
Gallagher S Inc
Bought by
North Central Properties Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$330,294
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2004
Sold by
Zoercher Properties Llc
Bought by
Gallaghers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2001
Sold by
Erickson Portia Murry
Bought by
Zoercher Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
7.09%
Mortgage Type
Commercial
Source: Public Records
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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
Independent Properties Llc $270,000 Old Republic Title Agency
North Central Properties Lllp $273,132 None Available
Gallaghers Inc $255,000 Ticor Title Agency Of Az Inc
Zoercher Properties Llc $200,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Independent Properties Llc $415,000
Previous Owner Gallaghers Inc $204,000
Previous Owner Zoercher Properties Llc $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $270,000 -8.5% $152 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $295,000 -- $166 / 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 $6,780 $52,041 -- --
2024 $6,684 $51,112 -- --
2023 $6,684 $66,096 $27,982 $38,114
2022 $6,675 $75,425 $22,155 $53,270
2021 $6,925 $79,020 $22,788 $56,232
2020 $6,818 $68,310 $24,930 $43,380
2019 $6,667 $63,090 $24,264 $38,826
2018 $6,504 $38,232 $23,058 $15,174
2017 $5,062 $32,364 $22,392 $9,972
2016 $5,402 $38,934 $29,610 $9,324
2015 $5,157 $35,262 $25,956 $9,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5425166

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-39-048