NOT LISTED FOR SALE

Estimated Value: $1,618,259

-- Bed
-- Bath
4,241 Sq Ft
$382/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $1,500 $0 Per Sq Ft

Est. 107,784% increase in value since last sale

Current estimated payment $9,487/month

69 Days on Market

Highlights

  • Central Air
  • Hohokam Traditional School Rated A
  • Carpet

About This Home

As of February 2021

A great office suite that has a workspace designed to meet the diverse needs of a micro business, freelancer, tech workers and other savvy professionals. There 6 large offices inside. This is a superb location which has close access to major freeways and to the airport. This is a stand-alone building. The suite is already sectioned for multiple offices,conference room and lobby area. The lease includes utilities,taxes and common area maintenance.

Last Agent to Sell the Property

Najmuddin Ahmad

Noma Group Inc. License #SA692879000 Listed on: 11/10/2020

Co-Listed By

Naser Ahmad

Noma Group Inc. License #BR532624000

Last Buyer's Agent

Najmuddin Ahmad

Noma Group Inc. License #SA692879000 Listed on: 11/10/2020

Property Details

Property Type

  • Other

Year Built

  • Built in 1974

Lot Details

  • 0.39

Interior Spaces

  • 4,241 Sq Ft Home
  • Carpet

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Private Parking
  • Free Parking

Additional Features

  • Property is zoned General Office
  • Central Air

Listing and Financial Details

  • Property Available on 11/9/20
  • Tenant pays for janitorial service
  • The owner pays for (see remarks), property taxes, exterior maint, common area maintenance, fire insurance-bldg, sewer, water, electricity
  • Tax Lot 94
  • Assessor Parcel Number 131-37-094

Property Details

Property Type

Other

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: Oak St and Hayden Rd
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: General Office
  • Lease Info Annual Lease Price: 19800.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1/5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1300
  • Year Built: 1974
  • Tax Year: 2020
  • Directions: AT THE INTERSECTION OF OAK ST AND HAYDEN RD, THE SE CORNER.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: noma01
  • Co List Office Phone: 602-625-9357
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Other
  • Living Area: 4241.0

Exterior Features

  • Disclosures: None
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

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

Lot Info

  • Additional Parcels: No
  • Parcel #: 131-37-094

Rental Info

  • Available Date: 2020-11-09

Multi Family

  • Owner Pays: Other (See Remarks), Property Taxes, Exterior Maint, Common Area Maint, Fire Insurance-Bldg, Sewer, Water, Electricity
  • Tenant Pays: Janitorial Service
  • Existing Lease Type: NNN, Deposit Required
  • Leasable Area: 1176.0

Tax Info

  • Tax Annual Amount: 6546.0
  • Tax Book Number: 131.00
  • Tax Lot: 94
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2007
Sold by
Khan Mir Abdul Waris and Khan Mustafa Saad
Bought by
Khan Mir Abdul Waris and Khan Mustafa Saad
Current Estimated Value
$1,618,259

Purchase Details

Closed on
Jul 27, 2005
Sold by
Nshe Tompkinsville Llc
Bought by
Khan Mir Abdul Waris and Khan Tahera Waris

Purchase Details

Closed on
Feb 17, 2005
Sold by
Frenkel Thomas C and Frenkel Jane L
Bought by
Nshe Tompkinsville Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,349
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2002
Sold by
Young Olympians Inc
Bought by
Frenkel Thomas C and Frenkel Jane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.99%
Mortgage Type
Commercial
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
Khan Mir Abdul Waris -- None Available
Khan Mir Abdul Waris $710,000 Security Title Agency Inc
Nshe Tompkinsville Llc $710,000 Security Title Agency Inc
Frenkel Thomas C $340,000 Security Title Agency
Frenkel Thomas C $340,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nshe Tompkinsville Llc $703,349
Previous Owner Frenkel Thomas C $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $1,500 -9.1% $0 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $1,650 -- $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 $6,085 $86,283 -- --
2024 $6,183 $84,742 -- --
2023 $6,183 $176,256 $60,418 $115,838
2022 $6,043 $131,373 $64,978 $66,395
2021 $6,600 $143,802 $66,834 $76,968
2020 $6,546 $140,436 $63,054 $77,382
2019 $6,338 $108,306 $62,298 $46,008
2018 $6,115 $97,488 $60,120 $37,368
2017 $5,811 $85,122 $52,956 $32,166
2016 $5,667 $84,240 $44,136 $40,104
2015 $5,575 $61,994 $29,619 $32,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6158405

Arizona Regional Multiple Listing Service (ARMLS)

APN: 131-37-094