NOT LISTED FOR SALE

Estimated Value: $2,589,619

-- Bed
-- Bath
3,162 Sq Ft
$819/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $4,500 $1 Per Sq Ft

Est. 57,447% increase in value since last sale

Current estimated payment $15,468/month

264 Days on Market

Highlights

  • Community Kitchen
  • Central Air
  • Heating Available
  • Pima Elementary School Rated A-
  • Concrete Flooring

About This Home

As of June 2023

Come see this HUGE WAREHOUSE SPACE in the heart of Scottsdale! Close to 101 freeway, Starbucks, the park, and more! 10' x 10' roll-up door, HVAC, loading dock, and small restroom! Ample & secure private parking for tenants. Also, property has excellent security features such as keypad entrance to garage door, option to re-activate, key card access, cameras, and intrusion, thorough, Stanley Securitas Technology.

Last Agent to Sell the Property

Kelly Saggione

Real Broker License #SA642180000 Listed on: 03/01/2023

Real Broker

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1985

Lot Details

  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned C-3

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 3,162 Sq Ft Home
  • Concrete Flooring

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces
  • Private Parking
  • Free Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Community Kitchen

Listing and Financial Details

  • Property Available on 10/1/22
  • The owner pays for taxes, common area maintenance, janitorial service, trash collection, sewer, water, electricity
  • Assessor Parcel Number 131-22-483

Property Details

Property Type

Other

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: McDowell & Hayden
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: C-3
  • Bay Info Bay Door Height: 10.0
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 4500.0
  • Lease Info Annual Lse Prc P S F: 16.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1
  • Lease Info Space Divisible: No
  • Lease Info Suite Floor Location: 1
  • Lease Info Suite Size Avail Max: 3600
  • Year Built: 1985
  • Tax Year: 2021
  • Directions: West on McDowell, North on 77th, on East side across from park. Access to warehouse door #20 by parking spaces on south side of building.
  • Road Surface Type: Asphalt
  • Structure Type: Commercial, Office, Distribution/Warehse
  • Cooling:Central Air: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 3162.0

Exterior Features

  • Fencing: Block, Chain Link
  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Free, Fenced, Private
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 14.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 14.0

Utilities

  • Electric: SRP
  • Cooling: Central Air, Warehouse A/C
  • Heating: Warehouse Heated
  • Green Building Features: Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Warehouse Heated: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 131-22-483

Rental Info

  • Available Date: 2022-10-01

Multi Family

  • Owner Pays: Taxes, Common Area Maintenance, Janitorial Service, Trash Collection, Sewer, Water, Electricity
  • Existing Lease Type: Fixed, Deposit Required
  • Leasable Area: 3162.0

Tax Info

  • Tax Annual Amount: 13585.0
  • Tax Book Number: 131.00
  • Tax Lot: 0
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2014
Sold by
Hoots Family Investments Lp
Bought by
Power Road Property Llc
Current Estimated Value
$2,589,619

Purchase Details

Closed on
Jun 2, 2010
Sold by
The Hoots Family Investments Limited Par
Bought by
Park View Office Llc

Purchase Details

Closed on
Sep 28, 1999
Sold by
Caltrol Inc
Bought by
Hoots Family Investments Ltd Family Part

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.97%
Mortgage Type
Commercial
Source: Public Records

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
Power Road Property Llc -- None Available
Park View Office Llc -- Accommodation
Hoots Family Investments Ltd Family Part $725,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoots Family Investments Ltd Family Part $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $4,500 0.0% $1 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
04/17/2023 04/17/23 Price Changed $4,500 -6.3% $1 / Sq Ft
03/01/2023 03/01/23 For Sale $4,800 0.0% $2 / Sq Ft
03/01/2023 03/01/23 Price Changed $4,800 +6.7% $2 / Sq Ft
03/01/2023 03/01/23 Off Market $4,500 -- --
09/05/2022 09/05/22 For Sale $5,000 +19.0% $2 / Sq Ft
06/11/2018 06/11/18 Sold $4,200 0.0% $1 / Sq Ft
04/11/2018 04/11/18 For Sale $4,200 -- $1 / 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 $12,498 $179,126 -- --
2024 $12,728 $175,927 -- --
2023 $12,728 $298,231 $97,257 $200,974
2022 $12,431 $181,528 $80,273 $101,255
2021 $13,585 $181,332 $82,566 $98,766
2020 $13,467 $175,608 $78,030 $97,578
2019 $12,995 $160,740 $77,382 $83,358
2018 $12,583 $169,272 $70,632 $98,640
2017 $12,051 $153,414 $62,208 $91,206
2016 $11,817 $136,368 $51,660 $84,708
2015 $11,561 $127,151 $42,421 $84,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6461909

Arizona Regional Multiple Listing Service (ARMLS)

APN: 131-22-483