NOT LISTED FOR SALE

Estimated Value: $4,746,414

-- Bed
-- Bath
26,378 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $4,580,000 $174 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $30,217/month

60 Days on Market

About This Home

As of October 2022

RETAIL CENTER FOR SALE - 100% LEASED INVESTMENT OPPORTUNITY – 35th Ave & Deer Valley- Great Location off I-17 & 101 Freeways. | CAP RATE 6.63% | Monument signage | Approximate ±5,000 sf of Pad is included in the Sale.

OWNER/AGENT

Last Agent to Sell the Property

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 07/29/2022

Last Buyer's Agent

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 07/29/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $58,018

Year Built

  • Built in 2004

Lot Details

  • 3.68 Acre Lot
  • Property is zoned C-1

Home Design

  • 26,378 Sq Ft Home

Parking

  • 138 Open Parking Spaces
  • 138 Parking Spaces

Community Details

  • Operating Expense $58,018

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 206-20-421-C

Property Details

Property Type

Other

Est. Annual Taxes

$58,018

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 1
  • Year Built: 2004
  • Tax Year: 2022
  • Lot Size Acres: 3.68
  • Road Surface Type: Sidewalk(s)
  • Structure Type: Commercial, Other (See Remarks)
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 138.0
  • Total Parking Spaces: 138.0
  • General Property Description:Uncvrd Parking Spcs: 138.0
  • General Property Description:Total Parking Spcs: 138.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Green Building Features: Other (See Remarks)
  • Heating:Other4: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 160182.0
  • Additional Parcels: No
  • Parcel #: 206-20-421-C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 58018.0

Tax Info

  • Tax Annual Amount: 58018.0
  • Tax Book Number: 206.00
  • Tax Lot: 1
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Oct 19, 2022
Sold by
Country Club Ventures Llc
Bought by
Henry H Hung Irrevocable Spousal Trust
Seller's Agent
Jim Lieberthal
Cutler Commercial
Buyer's Agent
Jim Lieberthal
Cutler Commercial
List Price
$4,895,000
Sold Price
$4,580,000
Premium/Discount to List
-$315,000
-6.44%
Current Estimated Value
$4,746,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,414
Avg. Annual Appreciation
1.18%
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
Henry H Hung Irrevocable Spousal Trust -- Landmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deer Valley Pavilions Llc $1,785,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $4,580,000 -2.4% $174 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
08/30/2022 08/30/22 Price Changed $4,695,000 -4.1% $178 / Sq Ft
08/16/2022 08/16/22 For Sale $4,895,000 0.0% $186 / Sq Ft
08/16/2022 08/16/22 Price Changed $4,895,000 +39574.2% $186 / Sq Ft
08/10/2022 08/10/22 Sold $12,338 -99.7% $0 / Sq Ft
08/10/2022 08/10/22 Off Market $4,580,000 -- --
07/28/2022 07/28/22 For Sale $4,500,000 +36372.7% $171 / Sq Ft
03/31/2022 03/31/22 For Sale $12,338 -- $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 $54,671 $523,841 -- --
2024 $55,393 $514,290 -- --
2023 $55,393 $693,892 $196,540 $497,352
2022 $54,936 $628,979 $164,091 $464,888
2021 $58,018 $639,766 $168,454 $471,312
2020 $57,329 $584,074 $112,474 $471,600
2019 $55,675 $568,664 $116,648 $452,016
2018 $53,924 $533,358 $89,262 $444,096
2017 $52,174 $489,304 $85,834 $403,470
2016 $49,501 $456,194 $93,062 $363,132
2015 $45,349 $386,036 $106,945 $279,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6441966

Arizona Regional Multiple Listing Service (ARMLS)

APN: 206-20-421C