NOT LISTED FOR SALE

Estimated Value: $3,585,500

1 Bed
-- Bath
7,400 Sq Ft
$485/Sq Ft Est. Value

Last Sold April 21, 2020

Last sale price $805,000 $109 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $20,308/month

545 Days on Market

About This Home

As of April 2020

• Approximately 7,400 SF
• Beautiful Garden Office
• Available for Purchase
• For Sale: $950,000.00 ($128.00 PSF)
• Perfect for Child Care, Churches, Addiction Recovery, and
other Special Uses
• Lush Landscaping
• Brown Road Frontage
• Easy Access to US60 and Red Mountain 202
• Close Proximity to Retail and Business Amenities

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 08/24/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,544

Year Built

  • Built in 1974

Lot Details

  • 0.81 Acre Lot
  • Property is zoned OC

Home Design

  • 7,400 Sq Ft Home

Parking

  • 22 Open Parking Spaces
  • 22 Parking Spaces
  • Free Parking

Community Details

  • Miller Heights Subdivision
  • Operating Expense $10,544

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 141-11-090

Property Details

Property Type

Other

Est. Annual Taxes

$10,544

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: E Brown Rd & N 23rd St
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: OC
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 1974
  • Tax Year: 2017
  • Lot Size Acres: 0.81
  • Subdivision Name: MILLER HEIGHTS
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 7400.0

Exterior Features

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

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 22.0
  • Total Parking Spaces: 22.0
  • General Property Description:Uncvrd Parking Spcs: 22.0
  • General Property Description:Total Parking Spcs: 22.0
  • Parking:Free: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 35213.0
  • Parcel #: 141-11-090
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 10544.0

Tax Info

  • Tax Annual Amount: 10544.0
  • Tax Book Number: 141.00
  • Tax Lot: 55
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Apr 17, 2020
Sold by
Amante Investment Partners Llc
Bought by
P West Properties Viii Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$950,000
Sold Price
$805,000
Premium/Discount to List
-$145,000
-15.26%
Current Estimated Value
$3,585,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,780,500
Avg. Annual Appreciation
31.30%
Original Mortgage
$493,264
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2006
Sold by
Cb Fountains Llc
Bought by
Amante Investment Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2000
Sold by
Horton Bill D and Horton Cheryl L
Bought by
Cb Fountains Llc

Purchase Details

Closed on
Oct 28, 1997
Sold by
Tipton Samuel D and Tipton Dianne E
Bought by
Horton Bill D and Horton Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 1995
Sold by
Baker Keith N and Baker Deborah A
Bought by
Tipton Samuel D and Tipton Dianne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.62%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
P West Properties Viii Llc $805,000 Premier Title Agency
Amante Investment Partners Llc -- Transnation Title Ins Co
Cb Fountains Llc -- --
Horton Bill D $598,000 Chicago Title Insurance Co
Tipton Samuel D $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open P West Properties Viii Llc $500,000
Closed P West Properties Viii Llc $493,264
Previous Owner Amante Investment Partners Llc $693,000
Previous Owner Amante Investment Partners Llc $800,000
Previous Owner Horton Bill D $420,000
Previous Owner Tipton Samuel D $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2020 04/21/20 Sold $805,000 -15.3% $109 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
08/24/2018 08/24/18 For Sale $950,000 -- $128 / 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 $9,706 $95,887 -- --
2024 $10,082 $94,174 -- --
2023 $10,082 $185,130 $34,952 $150,178
2022 $10,164 $123,883 $44,380 $79,503
2021 $10,582 $110,934 $45,648 $65,286
2020 $10,444 $105,966 $34,272 $71,694
2019 $9,758 $80,496 $30,384 $50,112
2018 $9,717 $79,542 $33,912 $45,630
2017 $10,544 $109,134 $31,392 $77,742
2016 $10,348 $102,618 $28,026 $74,592
2015 $9,996 $82,455 $19,777 $62,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5811097

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-11-090