NOT LISTED FOR SALE

2440 W Mission Ln Phoenix, AZ 85021

North Mountain Village Neighborhood
-- Bed
-- Bath
1,315 Sq Ft
9.71 Acres

Last Sold May 23, 2022

Last sale price $1,578 $1 Per Sq Ft

486 Days on Market

About This Home

As of May 2022

One Office suite available Reception, 2 Offices, Open Office, Break Area, Restroom - ±1,315 SF $1.15 SF

Substantial Building Renovations Complete
•Aggressive Landlord with Streamlined Lease Execution
•Proposed Light Rail Extension Along 25th Ave & Dunlap (Under Construction)
•Modern Finishes with Substantial Glass Lines
•Brand New Spec Suites Available!
•On-Site Property Management & Security
•Excellent Access to I-17, Loop 101 and SR 51 Freeways

Last Listed By

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 01/22/2021

Property Details

Property Type

  • Other

Year Built

  • Built in 1982

Lot Details

  • 9.71 Acre Lot
  • Property is zoned IND PARK

Community Details

  • Koll Business Center Northwest Subdivision

Listing and Financial Details

  • Property Available on 4/6/22
  • Tax Lot 1
  • Assessor Parcel Number 149-12-007-A

Property Details

Property Type

Other

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Legal Info Range: 2E
  • Property Type: Comm/Industry Lease
  • Zoning: IND PARK
  • Lease Info Annual Lease Price: 18147.0
  • Lease Info Annual Lse Prc P S F: 13.2
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 2
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1315
  • Year Built: 1982
  • Tax Year: 2020
  • Lot Size Acres: 9.71
  • Road Surface Type: Sidewalk(s)
  • Subdivision Name: KOLL BUSINESS CENTER NORTHWEST
  • Structure Type: Other (See Remarks)
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

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

Garage/Parking

  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Green Building Features: Other (See Remarks)
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 422929.0
  • Additional Parcels: No
  • Parcel #: 149-12-007-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2022-04-06

Multi Family

  • Leasable Area: 1315.0

Tax Info

  • Tax Annual Amount: 110658.0
  • Tax Book Number: 149.00
  • Tax Lot: 1
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2021
Sold by
Bkm Northwest 119 Llc
Bought by
Tc Bkm Northwest 902 Llc
Total Days on Market
486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,850,000
Outstanding Balance
$20,215,719
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2017
Sold by
Northwest Business Center Llc
Bought by
Bkm Northwest 119 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,454,000
Interest Rate
4.19%
Mortgage Type
Commercial

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
Tc Bkm Northwest 902 Llc $29,000,000 Thomas Title & Escrow
Bkm Northwest 119 Llc $17,200,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tc Bkm Northwest 902 Llc $21,850,000
Previous Owner Bkm Northwest 119 Llc $13,454,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $1,578 +9.1% $1 / Sq Ft
01/22/2021 01/22/21 For Sale $1,446 -- $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
2021 $110,658 $1,411,758 $435,618 $976,140
2020 -- $1,560,168 $461,916 $1,098,252
2019 -- $1,491,966 $435,186 $1,056,780
2018 -- $1,315,962 $468,972 $846,990
2017 -- $1,225,440 $450,936 $774,504
2016 -- $1,065,744 $299,268 $766,476
2015 -- $717,597 $307,896 $409,701
Source: Public Records

Agents Affiliated with this Home

  • Jim Lieberthal

    Seller's Agent in 2022

    Jim Lieberthal

    Cutler Commercial

    (480) 427-1002

    6 in this area

    86 Total Sales

    Jim Lieberthal
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6184610

Arizona Regional Multiple Listing Service (ARMLS)

APN: 149-12-007A

Arizona Maricopa County Phoenix 85021 North Mountain Village

2440 W Mission Ln, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 2440 W Mission Ln, Phoenix, AZ 85021 since 22 January 2021. This property was built in 1982. 2440 W Mission Ln is a home located in Maricopa County with nearby schools including Richard E Miller School, Royal Palm Middle School, and Cortez High School.

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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