NOT LISTED FOR SALE

Estimated Value: $1,488,600

Studio
-- Bath
8,331 Sq Ft
$179/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2019

Last sale price $875,000 $105 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $9,688 / mo

21 Days on Market

Highlights

  • 0.61 Acre Lot
  • Meeting Room
  • Central Air
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring

About This Home

As of August 2019

24th Street Industrial Park. Over 8000sf commercial property built out currently with large warehouse including 3 bay doors, 10 inch reinforced concrete floors for heavy trucks, attractive lobby, private conference room and two private offices.
Additional drive-through bay attached in the back with ample fenced in storage and parking area.

Last Agent to Sell the Property

Erika Robledo

My Home Group Real Estate License #SA660626000 Listed on: 06/14/2019

My Home Group Real Estate

Last Buyer's Agent

John Miller

Berkshire Hathaway HomeServices Arizona Properties License #BR005491000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $19,859

Year Built

  • Built in 1990

Lot Details

  • 26,575 Sq Ft Lot
  • Property is zoned LI

Home Design

  • 8,331 Sq Ft Home
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • 220 Volts

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 122-34-045-B

Community Details

Overview

  • Twenty Fourth Street Industrial Park Lot 1 37 Subdivision

Amenities

  • Meeting Room
  • Showroom
  • Reception Area

Property Details

Property Type

Other

Est. Annual Taxes

$19,859

Year Built

Built in 1990

Lot Details

0.61 Acres

Listing Details

  • Cross Street: 24th street & Broadway
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: LI
  • Bay Info Bay Door Height: 12.0
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1990
  • Tax Year: 2018
  • Lot Size Acres: 0.61
  • Road Surface Type: Asphalt
  • Subdivision Name: TWENTY FOURTH STREET INDUSTRIAL PARK LOT 1-37
  • Structure Type: Industrial, Office, Distribution/Warehse
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Living Area: 8331.0

Exterior Features

  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Public Parking, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: 220 Volts, 3 Phase Power, SRP
  • Cooling: Warehouse A/C, Office A/C, Central A/C, See Remarks
  • Green Building Features: Conference Room, Reception Room, Showroom
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showroom: Yes

Lot Info

  • Lot Size Sq Ft: 26575.0
  • Parcel #: 122-34-045-B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 19859.0
  • Tax Book Number: 122.00
  • Tax Lot: 31
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 28, 2019
Sold by
World Corporation
Bought by
Carserin Investments Arizona Lllp
Seller's Agent
Erika Robledo
My Home Group Real Estate
Buyer's Agent
John Miller
Berkshire Hathaway HomeServices Arizona Properties
List Price
$920,000
Sold Price
$875,000
Premium/Discount to List
-$45,000
-4.89%
Current Estimated Value
$1,488,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613,600
Avg. Annual Appreciation
8.41%
Original Mortgage
$700,000
Outstanding Balance
$466,599
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$1,022,001

Purchase Details

Closed on
Sep 4, 2013
Sold by
Bailey Christopher K
Bought by
World Corporation

Purchase Details

Closed on
Jun 29, 2010
Sold by
Andrews Kali K
Bought by
Bailey Christopher K

Purchase Details

Closed on
Jun 28, 2010
Sold by
Rathburn Richard L and Rathburn Sandra K
Bought by
Bailey Christopher K

Purchase Details

Closed on
Jun 8, 2000
Sold by
Andrews Kali
Bought by
Bailey Christopher K

Purchase Details

Closed on
Jul 30, 1999
Sold by
Creative Press Associates Ltd Prtnrshp
Bought by
Rathburn Richard L and Rathburn Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
7.64%
Mortgage Type
Commercial
Source: Public Records
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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
Carserin Investments Arizona Lllp $875,000 Chicago Title Agency Inc
World Corporation -- Chicago Title Agency Inc
World Corporation -- None Available
Bailey Christopher K -- Title Management Agency Of A
Bailey Christopher K $140,000 Title Management Agency Of A
Bailey Christopher K -- Lawyers Title Of Arizona Inc
Rathburn Richard L $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carserin Investments Arizona Lllp $700,000
Previous Owner Rathburn Richard L $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $875,000 -4.9% $105 / Sq Ft
06/10/2019 06/10/19 For Sale $920,000 -- $110 / 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 $20,057 $133,020 -- --
2024 $20,170 $130,645 -- --
2023 $20,170 $191,216 $35,105 $156,111
2022 $20,347 $148,015 $36,225 $111,790
2021 $21,354 $152,748 $34,056 $118,692
2020 $21,090 $136,314 $28,710 $107,604
2019 $20,408 $125,208 $27,432 $97,776
2018 $19,859 $120,006 $25,884 $94,122
2017 $4,791 $31,032 $27,540 $3,492
2016 $4,557 $28,728 $25,506 $3,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5939380

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-34-045B

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