NOT LISTED FOR SALE

2325 W Utopia Rd Phoenix, AZ 85027

North Central Phoenix Neighborhood

Estimated Value: $2,425,080

Studio
-- Bath
11,718 Sq Ft
$207/Sq Ft Est. Value

Last Sold December 01, 2018

Last sale price $29,508 $3 Per Sq Ft

Est. 8,118% increase in value since last sale

Current estimated payment $14,531/month

154 Days on Market

Highlights

  • 0.93 Acre Lot
  • Community Kitchen
  • Skylights

About This Home

As of December 2018

LEASE RATE REDUCED! Professional business park with easy freeway access.

Approx 1844-2500 SF available.

Newly built-out office suite with 7 private offices, restroom, private entrance and reception, break area with sink, plus 2 open work areas. Ample parking and building signage is available.

Full service lease rate.

Owner is open to additional tenant improvements.

Last Agent to Sell the Property

Eric Bjornsen

Realty ONE Group License #SA579993000 Listed on: 07/10/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 2006

Lot Details

  • 0.93 Acre Lot
  • Property is zoned Industrial

Home Design

  • Tilt Up Walls
  • Built-Up Roof

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Additional Features

  • Skylights
  • Heat Pump System

Listing and Financial Details

  • Property Available on 6/11/18
  • Tax Lot 7
  • Assessor Parcel Number 209-15-017

Community Details

Overview

  • 23Rd Ave & Union Hills Commerce Ctr Lot 3 Replat Subdivision

Amenities

  • Community Kitchen
  • Meeting Room

Property Details

Property Type

Other

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: I-17 and Union Hills
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Lease
  • Zoning: Industrial
  • Current Use: Office
  • Lease Info Annual Lease Price: 40000.0
  • Lease Info Annual Lse Prc P S F: 16.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 2
  • Lease Info Space Divisible: No
  • Lease Info Suite Floor Location: ground
  • Year Built: 2006
  • Lot Size Acres: 0.93
  • Road Surface Type: Asphalt
  • Subdivision Name: 23RD AVE & UNION HILLS COMMERCE CTR LOT 3 REPLAT
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Tilt-Up
  • Roof: Built-Up
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Green Building Features: Conference Room, Kitchen, Skylight(s)
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Skylight(s)2: Yes

Lot Info

  • Lot Size Sq Ft: 40665.0
  • Additional Parcels: No
  • Parcel #: 209-15-017
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2018-06-11

Multi Family

  • Leasable Area: 2500.0

Tax Info

  • Tax Book Number: 209.00
  • Tax Lot: 7
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2017
Sold by
Briden Lane Holdings Llc
Bought by
Veras Properties Llc
Current Estimated Value
$2,425,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$934,510
Interest Rate
3.78%
Mortgage Type
Commercial
Estimated Equity
$1,490,570

Purchase Details

Closed on
Apr 20, 2007
Sold by
Phelps Waterman Llc
Bought by
Briden Lane Holdings Llc
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
Veras Properties Llc $1,400,000 Grand Canyon Title Agency
Briden Lane Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veras Properties Llc $1,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2018 12/01/18 Sold $29,508 +785.3% $3 / Sq Ft
10/30/2018 10/30/18 Price Changed $3,333 -5.9% $0 / Sq Ft
07/17/2018 07/17/18 Price Changed $3,541 -2.9% $0 / Sq Ft
06/11/2018 06/11/18 For Sale $3,646 -- $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 $22,198 $216,417 -- --
2024 $22,910 $212,552 -- --
2023 $22,910 $259,964 $83,623 $176,341
2022 $22,790 $211,716 $88,323 $123,393
2021 $24,065 $233,388 $90,846 $142,542
2020 $23,647 $208,224 $73,584 $134,640
2019 $22,965 $212,904 $66,294 $146,610
2018 $22,242 $196,650 $52,470 $144,180
2017 $21,521 $190,998 $50,454 $140,544
2016 $20,418 $156,942 $63,522 $93,420
2015 $27,527 $240,186 $63,030 $177,156
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Eric Bjornsen

    Realty One Group

    (602) 549-0495

    Eric Bjornsen
    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5791499

Arizona Regional Multiple Listing Service (ARMLS)

APN: 209-15-017

Arizona Maricopa County Phoenix 85027 North Central Phoenix

2325 W Utopia Rd, Phoenix, AZ

Not Listed for Sale

Other

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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