NOT LISTED FOR SALE

19349 E Germann Rd Unit 1 Queen Creek, AZ 85142

Estimated Value: $1,939,535

-- Bed
-- Bath
11,140 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $950 $0 Per Sq Ft

Est. 204,062% increase in value since last sale

Current estimated payment $11,071/month

194 Days on Market

Highlights

  • Stone Flooring
  • Central Air
  • Heating Available
  • Jack Barnes Elementary School Rated A-

About This Home

As of April 2015

Two 1800 SF Quonset buildings for lease at $950 per month each. 12 foot roll up doors, security gate around the property, plenty of parking. Each building has 2 HVAC units, multiple electrical outlets, ceiling fans. Flexible spaces with many types of uses. Flexible terms available. Current tenants include landscaping company, machine shop and off road vehicle shop.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 10/04/2014

Last Buyer's Agent

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 10/04/2014

Property Details

Property Type

  • Other

Year Built

  • Built in 1999

Lot Details

  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned Industrial

Home Design

  • Metal Roof
  • Metal Siding

Flooring

  • Stone
  • Concrete

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • 6 Buildings

Listing and Financial Details

  • Property Available on 10/3/14
  • Assessor Parcel Number 304-61-046-A

Property Details

Property Type

Other

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Cross Street: Germann & Sossaman
  • Legal Info Range: 7E
  • Property Type: Comm/Industry Lease
  • Zoning: Industrial
  • Current Use: Service Business, Automobile, Mini-Storage, Office, Warehouse
  • Number Of Buildings: 6
  • Lease Info Annual Lease Price: 11400.0
  • Lease Info Annual Lse Prc P S F: 6.33
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 12
  • Lease Info Space Divisible: No
  • Year Built: 1999
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Structure Type: Industrial, Manufacturing, Distribution/Warehse
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Stone, Concrete

Exterior Features

  • Fencing: Block, Chain Link
  • Disclosures: None
  • Construction Type: Metal Siding
  • Roof: Metal
  • Construction:Metal: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

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

Lot Info

  • Additional Parcels: No
  • Parcel #: 304-61-046-A

Rental Info

  • Available Date: 2014-10-03

Multi Family

  • Leasable Area: 1800.0

Tax Info

  • Tax Annual Amount: 10820.0
  • Tax Book Number: 304.00
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Icqc Llc
Bought by
19349 E Germann Llc
Current Estimated Value
$1,939,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Outstanding Balance
$1,526,914
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$412,621

Purchase Details

Closed on
Nov 2, 2011
Sold by
Sbaz Real Estate Holdings Llc
Bought by
Icqc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,300
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2006
Sold by
Queen Creek Industrial Llc
Bought by
Queen Creek Industrial Complex Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,372,687
Interest Rate
6.76%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 1997
Sold by
Mitaskopoulos Nicholas H and Mitsakopoulos Linda L
Bought by
Iannacone Michael and Iannacone Cynthia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.13%
Mortgage Type
Seller Take Back
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
19349 E Germann Llc $1,950,000 Old Republic Title Agency
Icqc Llc $410,000 Security Title Agency
Queen Creek Industrial Complex Llc $1,250,000 Premier Title Group Maricopa
Iannacone Michael $60,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 19349 E Germann Llc $1,560,000
Previous Owner Icqc Llc $166,300
Previous Owner Queen Creek Industrial Complex Llc $1,372,687
Previous Owner Iannacone Michael $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2015 04/15/15 Sold $950 0.0% $0 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
10/03/2014 10/03/14 For Sale $950 -- $0 / 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 $11,022 $108,848 -- --
2024 $12,405 $106,701 -- --
2023 $12,405 $138,334 $106,697 $31,637
2022 $12,354 $120,662 $91,839 $28,823
2021 $12,871 $123,287 $94,235 $29,052
2020 $12,494 $110,440 $81,190 $29,250
2019 $12,132 $103,633 $75,013 $28,620
2018 $11,715 $91,748 $63,632 $28,116
2017 $11,214 $120,144 $58,764 $61,380
2016 $11,129 $110,315 $52,463 $57,852
2015 $9,427 $97,607 $49,932 $47,675
Source: Public Records

Agents Affiliated with this Home

  • Don Mortensen

    Seller's Agent in 2015

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    118 Total Sales

    Don Mortensen
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5180659

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-61-046A

Arizona Maricopa County Queen Creek 85142

19349 E Germann Rd Unit 1, Queen Creek, AZ

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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