$2,000
SOLD JUN 5, 2014
-- Bed
-- Bath
1,857 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$1 Per Sq Ft

78 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of July 2021

A Great Turn Key Business!!! The School also comes equipped with the materials that the Famous Founder Maria Montessori, believed to be the foundation of teaching children. Come down and let your imagination be the judge!!! of the potential to provide a great service to the community. Please contact listing agent for some great incentives!!!

Last Agent to Sell the Property

John Acosta

West USA Realty License #SA533701000 Listed on: 03/20/2014

West USA Realty

Last Buyer's Agent

John Acosta

West USA Realty License #SA533701000 Listed on: 03/20/2014

West USA Realty

Property Details

Property Type

  • Other

Lot Details

  • Block Wall Fence
  • Property is zoned C-O Commercial

Home Design

  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,857 Sq Ft Home
  • Wood Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Private Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Property Available on 3/19/14
  • Tenant pays for trash collection, electricity, exterior repair, water, sewer, fire insurance-bldg, contents insurance, liability insurance, common area maintenance, parking area maint
  • The owner pays for property taxes
  • Assessor Parcel Number 140-24-897-A

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Cross Street: Unversity Dr. & Gilbert Rd.
  • Property Type: Comm/Industry Lease
  • Zoning: C-O Commercial
  • Lease Info Annual Lease Price: 12.92
  • Lease Info Annual Lse Prc P S F: 12.92
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 3-5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1858
  • Tax Year: 1250
  • Directions: East on University Dr. to property on the right.
  • Road Surface Type: Asphalt
  • Structure Type: Other (See Remarks)
  • Tax Parcel Letter: A
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood
  • Living Area: 1857.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Composition, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Private Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Heat Pump, Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 140-24-897-A

Rental Info

  • Available Date: 2014-03-19

Multi Family

  • Owner Pays: Property Taxes
  • Tenant Pays: Trash Collection, Electricity, Exterior Repair, Water, Sewer, Fire Insurance-Bldg, Contents Insurance, Liability Insurance, Common Area Maintenance, Parking Area Maint
  • Existing Lease Type: Gross, Deposit Required
  • Leasable Area: 1857.0

Tax Info

  • Tax Annual Amount: 1250.0
  • Tax Book Number: 140.00
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Jul 21, 2021
Sold by
Best Victoria H
Bought by
The Little Garden Llc
Seller's Agent
John Acosta
West USA Realty
Buyer's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$474,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,101
Avg. Annual Appreciation
3.09%
Original Mortgage
$394,300
Outstanding Balance
$362,677
Interest Rate
2.96%
Mortgage Type
Small Business Administration
Estimated Equity
$117,211

Purchase Details

Closed on
Sep 16, 2002
Sold by
Krahn Robert J
Bought by
Best Victoria H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
6.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 12, 1999
Sold by
J Lee & Blanche Thompson Family Investme
Bought by
Arrowsmith Robert T
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 Type Sale Price Title Company
Special Warranty Deed $425,000 United Title Agency Llc
Warranty Deed $186,000 First American Title Ins Co
Warranty Deed $84,900 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $394,300 Small Business Administration
Previous Owner $191,100 Commercial
Previous Owner $185,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $425,000 0.0% $229 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $425,000 0.0% $229 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $425,000 +21150.0% $229 / Sq Ft
06/05/2014 06/05/14 Sold $2,000 0.0% $1 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $2,000 -- $1 / 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 $1,409 $14,350 -- --
2024 $1,420 $13,666 -- --
2023 $1,420 $16,980 $7,640 $9,340
2022 $1,391 $19,020 $10,480 $8,540
2021 $1,408 $18,810 $10,480 $8,330
2020 $1,389 $17,250 $8,970 $8,280
2019 $1,298 $16,150 $8,240 $7,910
2018 $1,246 $14,780 $6,860 $7,920
2017 $1,209 $13,960 $6,350 $7,610
2016 $1,186 $12,620 $5,670 $6,950
2015 $1,115 $9,380 $4,200 $5,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5087249

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-24-897A