NOT LISTED FOR SALE

Estimated Value: $1,762,724

-- Bed
-- Bath
5,600 Sq Ft
$315/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $1,316,000 $235 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $10,778/month

2 Days on Market

Highlights

  • 0.83 Acre Lot
  • Carpet
  • Heating Available
  • Cooling Available

About This Home

As of November 2020

• 5,600 SF Professional Office Available for Purchase
• Located within Deer Valley Spectrum Ridge
• 44 Parking Stalls with 25 Covered - 7.85/1,000 Ratio
• Ten (10) Private Offices
• Recently Renovated with 3 New AC Units
• New Security Camera System Installed
• Close proximity to Loop 101 & I-17
• Near Deer Valley Airport, Business/Retail Amenities

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 10/28/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $18,666

Year Built

  • Built in 2009

Lot Details

  • 0.83 Acre Lot
  • Block Wall Fence
  • Property is zoned A-1

Home Design

  • 5,600 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Parking

  • 19 Open Parking Spaces
  • 44 Parking Spaces
  • 25 Covered Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Covey Commercial Complex Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 213-05-978

Property Details

Property Type

Other

Est. Annual Taxes

$18,666

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Cross Street: N 7th St & E Covey Ln
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: A-1
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 2009
  • Tax Year: 2020
  • Lot Size Acres: 0.83
  • Subdivision Name: COVEY COMMERCIAL COMPLEX
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 5600.0

Exterior Features

  • Fencing: Block
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 25.0
  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 19.0
  • Total Parking Spaces: 44.0
  • General Property Description:Covered Parking Spcs: 25.0
  • General Property Description:Uncvrd Parking Spcs: 19.0
  • General Property Description:Total Parking Spcs: 44.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 36155.0
  • Parcel #: 213-05-978
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 18666.0
  • Tax Book Number: 213.00
  • Tax Lot: 5
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Nov 16, 2020
Sold by
Orp Llc
Bought by
Camp Swan Properties Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,316,000
Sold Price
$1,316,000
Current Estimated Value
$1,762,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,724
Avg. Annual Appreciation
6.36%
Original Mortgage
$855,000
Outstanding Balance
$760,829
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,022,980

Purchase Details

Closed on
Feb 10, 2015
Sold by
Meco Real Estate Holdings Llc
Bought by
Orp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,500
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Camp Swan Properties Llc $1,316,000 Grand Canyon Title
Orp Llc $1,000,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camp Swan Properties Llc $855,000
Previous Owner Orp Llc $462,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $1,316,000 0.0% $235 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $1,316,000 -- $235 / 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 $17,522 $170,829 -- --
2024 $18,084 $167,778 -- --
2023 $18,084 $213,418 $64,396 $149,022
2022 $17,989 $193,236 $56,823 $136,413
2021 $18,996 $196,992 $58,446 $138,546
2020 $18,666 $196,236 $57,654 $138,582
2019 $18,127 $186,894 $53,298 $133,596
2018 $17,557 $189,792 $60,696 $129,096
2017 $16,987 $137,632 $49,209 $88,423
2016 $16,117 $137,632 $49,209 $88,423
2015 $14,846 $130,389 $47,897 $82,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6152933

Arizona Regional Multiple Listing Service (ARMLS)

APN: 213-05-978