NOT LISTED FOR SALE

Estimated Value: $726,946

-- Bed
4 Baths
3,806 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $350,000 $92 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,069/month

125 Days on Market

Highlights

  • 1.32 Acre Lot
  • Community Kitchen
  • Central Air
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of April 2016

Seller will provide licensed general contracting service for up to $60,000 in tenant improvements.
Great ranch style home, perfect for professional office/business, or residential and office combined. Zoned Office Commercial(OC)for a wide variety of business uses. Home has 2 bedrooms 1.5 baths. Previously used as day care center. Two bedrooms combined into one. ADA bathroom. Finished basement. Two car garage attached. Separate garage with workshop.Lots of interior storage and built ins, fire place. Huge lot to accommodate additional parking. Please see documents tab.
New roof and exterior paint 2015.
Sold ''AS IS'', buyer and buyer's agent to verify zoning and all facts and figures.

Last Listed By

Jackie Guthrie

AZ New Horizon Realty License #SA634818000 Listed on: 10/16/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,796

Year Built

  • Built in 1970

Lot Details

  • 1.32 Acre Lot
  • Block Wall Fence
  • Property is zoned OC

Home Design

  • 3,806 Sq Ft Home
  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • Community Kitchen
  • Operating Expense $3,796

Listing and Financial Details

  • Assessor Parcel Number 140-44-004-Y

Property Details

Property Type

Other

Est. Annual Taxes

$3,796

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Gilbert & Southern
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: OC
  • Number Of Buildings: 1
  • Year Built: 1970
  • Tax Year: 2015
  • Directions: East on Southern, approx. 1/4 mile. Home on the North side just past 24th Street.
  • Lot Size Acres: 1.32
  • Road Surface Type: Concrete
  • Co List Office Mls Id: azne001
  • Co List Office Phone: 520-836-1001
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: Y
  • Construction Brick: Yes
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Block
  • Construction Type: Block, Brick
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Basement, Kitchen
  • Water Source: City Franchise, Irrigation
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Basement: Yes

Lot Info

  • Lot Size Sq Ft: 57586.0
  • Additional Parcels: No
  • Parcel #: 140-44-004-Y
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3796.0

Tax Info

  • Tax Annual Amount: 3796.0
  • Tax Book Number: 140.00
  • Tax Lot: 0
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Apr 14, 2016
Sold by
Housing Recovery I Llc
Bought by
Islamic Education Foundation Of Arizona
Seller's Agent
Jackie Guthrie
AZ New Horizon Realty
Buyer's Agent
Craig Norman
HomeSmart
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%
Total Days on Market
125
Current Estimated Value
$726,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,946
Avg. Annual Appreciation
8.34%
Original Mortgage
$100,000
Outstanding Balance
$80,411
Interest Rate
3.64%
Mortgage Type
Seller Take Back
Estimated Equity
$646,535

Purchase Details

Closed on
May 17, 2011
Sold by
Housing Recovery I Llc
Bought by
Lee Marcia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,250
Interest Rate
4.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 15, 2010
Sold by
Skidmore John and Skidmore Lina L
Bought by
Juiced Real Estate Llc

Purchase Details

Closed on
Jul 24, 2006
Sold by
Terrazas Omner
Bought by
Skidmore John M and Skidmore Lina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 8, 2004
Sold by
Terrazas Xochitl Z
Bought by
Terrazas Omner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 2004
Sold by
Accelerated Payment Systems Inc Defined
Bought by
Terrazas Omner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2004
Sold by
Garcia Thomas S and Garcia Debra A
Bought by
Accelerated Payment Systems Inc

Purchase Details

Closed on
Nov 21, 2003
Sold by
Lawes Ernest R and Lawes Shari R
Bought by
Garcia Thomas S and Garcia Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 1995
Sold by
Tregaskes Lee Lester and Tregaskes Patricia Lou
Bought by
White Maynard

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
Islamic Education Foundation Of Arizona $350,000 Driggs Title Agency Inc
Lee Marcia L $345,000 Magnus Title Agency
Juiced Real Estate Llc $270,001 None Available
Skidmore John M $800,000 Capital Title Agency Inc
Terrazas Omner -- Equity Title Agency Inc
Terrazas Omner $505,000 Equity Title Agency Inc
Accelerated Payment Systems Inc $380,000 Fidelity National Title
Garcia Thomas S $359,000 Fidelity National Title
White Maynard $215,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islamic Education Foundation Of Arizona $100,000
Previous Owner Lee Marcia L $293,250
Previous Owner Skidmore John M $160,000
Previous Owner Skidmore John M $640,000
Previous Owner Terrazas Omner $404,000
Previous Owner Garcia Thomas S $209,000
Previous Owner Lawes Ernest R $198,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $350,000 -11.4% $92 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $395,000 -- $104 / 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 -- $72,693 -- --
2024 -- $69,231 -- --
2023 $0 $159,555 $52,095 $107,460
2022 $0 $140,670 $42,000 $98,670
2021 $0 $139,365 $42,000 $97,365
2020 $0 $69,822 $13,497 $56,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5349882

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-44-192