$2,450,000
SOLD DEC 15, 2022
-- Bed
-- Bath
16,550 Sq Ft
1.34 Acres

Recently Sold

$148 Per Sq Ft

16% Below List Price

211 Days on Market

Highlights

  • 1.34 Acre Lot
  • Ceramic Tile Flooring
  • Heating Available
  • The Traditional Academy at Bellair Rated A
  • Central Air

About This Home

As of December 2022

Come drive by this fully leased strip mall in the great zip code of 85308. The sale includes the lot next to the building in the back. Most units have been updated and remodeled. Roof has been updated and almost all AC units have been replaced. This is a great building!

Last Agent to Sell the Property

Staci Smedstad

DeLex Realty License #BR534053000 Listed on: 05/12/2022

DeLex Realty

Last Buyer's Agent

Boris Shalamov

HomeSmart License #SA646907000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $23,251

Year Built

  • Built in 1956

Lot Details

  • 1.34 Acre Lot
  • Property is zoned CR

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 16,550 Sq Ft Home
  • Ceramic Tile Flooring

Parking

  • 51 Open Parking Spaces
  • 51 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Bellair Phase Subdivision
  • Operating Expense $23,251

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 207-25-181-E

Property Details

Property Type

Other

Est. Annual Taxes

$23,251

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: 43 RD AVE AND BELL
  • Property Type: Comm/Industry Sale
  • Zoning: CR
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1956
  • Tax Year: 2021
  • Directions: North on 43rd ave building is on the west side of the road.
  • Lot Size Acres: 1.34
  • Subdivision Name: BELLAIR PHASE
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 16550.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 51.0
  • Total Parking Spaces: 51.0
  • General Property Description:Uncvrd Parking Spcs: 51.0
  • General Property Description:Total Parking Spcs: 51.0
  • Parking:Paved Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 58414.0
  • Parcel #: 207-25-181-E
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 23251.0

Tax Info

  • Tax Annual Amount: 23251.0
  • Tax Book Number: 207.00
  • Tax Lot: 11
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Dec 12, 2022
Sold by
800 Specialists Llc
Bought by
Bellaire Plaza Llc
Seller's Agent
Staci Smedstad
DeLex Realty
Buyer's Agent
Boris Shalamov
HomeSmart
List Price
$2,900,000
Sold Price
$2,450,000
Premium/Discount to List
-$450,000
-15.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$1,950,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2021
Sold by
Helm Llc
Bought by
800 Specialists Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2018
Sold by
Handler Gerald and Gerald Handler Trust
Bought by
800 Specialists Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,358,000
Interest Rate
4.5%
Mortgage Type
Small Business Administration
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 Type Sale Price Title Company
Special Warranty Deed $2,450,000 Great American Title
Warranty Deed $1,500,000 Great American Ttl Agcy Inc
Special Warranty Deed $1,300,000 Great American Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,750,000 New Conventional
Closed $1,950,000 New Conventional
Closed $1,950,000 New Conventional
Previous Owner $1,400,000 Commercial
Previous Owner $1,358,000 Small Business Administration
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $3,500 -99.9% $0 / Sq Ft
12/15/2022 12/15/22 Sold $2,450,000 -10.9% $148 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $2,750,000 -5.2% $166 / Sq Ft
05/12/2022 05/12/22 For Sale $2,900,000 0.0% $175 / Sq Ft
05/12/2022 05/12/22 Price Changed $2,900,000 +3.6% $175 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $2,800,000 -- $169 / 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 $21,831 $209,099 -- --
2024 $22,135 $205,365 -- --
2023 $22,135 $313,344 $83,878 $229,466
2022 $22,019 $288,208 $71,453 $216,755
2021 $23,251 $296,064 $73,494 $222,570
2020 $22,847 $220,086 $52,632 $167,454
2019 $22,188 $219,222 $52,146 $167,076
2018 $21,490 $204,858 $37,422 $167,436
2017 $20,793 $184,500 $35,982 $148,518
2016 $19,728 $177,840 $41,652 $136,188
2015 $18,171 $152,144 $45,547 $106,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6379246

Arizona Regional Multiple Listing Service (ARMLS)

APN: 207-25-181E