NOT LISTED FOR SALE

Estimated Value: $2,853,562

Studio
-- Bath
19,225 Sq Ft
$148/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2017

Last sale price $1,200,000 $62 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $17,837 / mo

195 Days on Market

Highlights

  • 1.23 Acre Lot
  • Community Kitchen
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of August 2017

GREAT LOCATION NEAR AIRPORT - Weitz constructed concrete Tilt-up building, 22' clear height ceilings W/sprinklers, mezzanine with 2000lb freight elevator. 19,224 sq. ft. w/4800 sq. ft. warehouse mezzanine, 2720 sq. ft. office build-out, 7360 sq. warehouse/9040 sq. ft. Shell. 1.23 acre corner lot, a double and single truck well. Covered parking, 1000 amp electrical service and gas service. Building was designed to accommodate multi-tenants. Recently upgraded w/high efficiency lighting.

Last Agent to Sell the Property

George James

Cabrillas Realty Services License #BR009390000 Listed on: 12/27/2016

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $24,413

Year Built

  • Built in 1987

Lot Details

  • 1.23 Acre Lot
  • Property is zoned A-1

Home Design

  • Tilt Up Walls
  • Built-Up Roof

Interior Spaces

  • 19,225 Sq Ft Home
  • Concrete Flooring

Parking

  • 30 Open Parking Spaces
  • 33 Parking Spaces
  • 3 Covered Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 440 Volts
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 122-34-044

Community Details

Overview

  • Building Dimensions are 272X193
  • Twenty Fourth Street Industrial Park Lot 1 37 Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Service Elevator
  • Reception Area

Building Details

  • Operating Expense $24,413

Property Details

Property Type

Other

Est. Annual Taxes

$24,413

Year Built

Built in 1987

Lot Details

1.23 Acres

Listing Details

  • Cross Street: 24th Street & Broadway
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: A-1
  • Bay Info Bay Door Height: 9.0
  • Current Use: Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 1987
  • Tax Year: 2014
  • Lot Size Acres: 1.23
  • Road Surface Type: Asphalt
  • Subdivision Name: TWENTY FOURTH STREET INDUSTRIAL PARK LOT 1-37
  • Structure Type: Industrial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Tilt-Up
  • Roof: See Remarks, Built-Up
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Open Parking Spaces: 30.0
  • Total Parking Spaces: 33.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 30.0
  • General Property Description:Total Parking Spcs: 33.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: 3 Phase Power, Over 220 Amp, 440 Volts, Master Meter, APS
  • Cooling: Office A/C, Central A/C
  • Heating: Natural Gas
  • Green Building Features: Freight Elevator(s), Conference Room, Reception Room, Kitchen, Showers - Office
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Electric Master Meter: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Freight Elevator(s): Yes

Lot Info

  • Lot Size: 272X193
  • Lot Size Sq Ft: 53492.0
  • Additional Parcels: No
  • Parcel #: 122-34-044
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 24413.0
  • Leasable Area: 19225.0

Tax Info

  • Tax Annual Amount: 24413.0
  • Tax Book Number: 122.00
  • Tax Lot: 30
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2016
Closed on
Aug 28, 2017
Sold by
Tiger Building Inc
Bought by
Lost Ark Properties Llc
Seller's Agent
George James
Cabrillas Realty Services
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,450,000
Sold Price
$1,200,000
Premium/Discount to List
-$250,000
-17.24%
Current Estimated Value
$2,853,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,653,562
Avg. Annual Appreciation
10.62%

Purchase Details

Closed on
Jan 1, 2003
Sold by
Miller O E M Supplies Inc
Bought by
Tiger Building Inc

Purchase Details

Closed on
Jun 1, 1994
Sold by
Miller Abram S and Miller Lucille J
Bought by
Miller O E M Supplies Inc
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lost Ark Properties Llc $1,200,000 Security Title Agency Inc
Tiger Building Inc -- --
Miller O E M Supplies Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2017 08/31/17 Sold $1,200,000 -17.2% $62 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
12/27/2016 12/27/16 For Sale $1,450,000 +96566.7% $75 / Sq Ft
03/15/2013 03/15/13 Sold $1,500 0.0% $0 / Sq Ft View Prior Sale
02/26/2013 02/26/13 Pending -- -- --
09/04/2012 09/04/12 For Sale $1,500 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $29,622 $196,457 -- --
2024 $29,789 $192,948 -- --
2023 $29,789 $348,279 $62,373 $285,906
2022 $30,050 $265,773 $57,785 $207,988
2021 $31,537 $266,256 $54,324 $211,932
2020 $31,148 $235,260 $45,846 $189,414
2019 $30,141 $211,356 $43,686 $167,670
2018 $29,330 $200,988 $44,496 $156,492
2017 $27,954 $183,024 $41,202 $141,822
2016 $26,587 $187,380 $38,142 $149,238
2015 $25,723 $173,679 $34,466 $139,213
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5539235

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-34-044

Your Personal Tour Guide

Ask me questions while you tour the home.