NOT LISTED FOR SALE

2525 W Carefree Hwy Unit 118 Phoenix, AZ 85085

North Gateway Neighborhood

Estimated Value: $608,770

-- Bed
-- Bath
5,978 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $2,517 $0 Per Sq Ft

Est. 24,086% increase in value since last sale

Current estimated payment $3,486/month

116 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Sonoran Foothills Rated A

About This Home

As of December 2017

Turnkey medical office built in 2007 with high end finishes, the current owner spent over $100,000 in improvements and it shows. The office comes with a beautiful waiting room/reception area, 5 treatment rooms (one could be used as a lab/IV room), a nurse’s station, a private office with its own access from outside, an ADA bathroom and a kitchenette/breakroom. The suite is hardwired for high speed internet, sound and TV’s. The furniture in the space can be included into the lease as well for a fast move-in. Excellent location on a busy Carefree Hwy surrounded by residential and commercial developments, just 1 mile east off I-17 and 2 miles from HonorHealth Sonoran Health & Emergency Center with plans to expand to 300-bed hospital. Full size monument sign panel on Carefree highway.

Last Agent to Sell the Property

Tarja Panfil

West USA Realty License #BR652452000 Listed on: 08/16/2017

West USA Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Lot Details

  • Property is zoned C-O/M-O

Interior Spaces

  • 5,978 Sq Ft Home
  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 10 Parking Spaces
  • Public Parking
  • 2 Covered Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Village At Sonoran Canyon Condominium Subdivision

Listing and Financial Details

  • Property Available on 8/14/17
  • Tax Lot 118
  • Assessor Parcel Number 204-01-876

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Cross Street: Carefree Hwy & N 27th Dr
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Lease
  • Zoning: C-O/M-O
  • Lease Info Annual C A M Sq Ft: 4.07
  • Lease Info Annual Lease Price: 30204.0
  • Lease Info Annual Lse Prc P S F: 18.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: Negotiable
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1678
  • Tax Year: 2016
  • Directions: Take Carefree exit east from I-17, Drive 1 mile, the suite will be on your right after 27th Drive, Building 3.
  • Subdivision Name: VILLAGE AT SONORAN CANYON CONDOMINIUM
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 5978.0

Exterior Features

  • Disclosures: Sch of Personal Prop
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 204-01-876

Rental Info

  • Available Date: 2017-08-14

Multi Family

  • Owner Pays: None
  • Tenant Pays: See Remarks
  • Existing Lease Type: NNN
  • Leasable Area: 1678.0

Tax Info

  • Tax Annual Amount: 2943.24
  • Tax Book Number: 204.00
  • Tax Lot: 118
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2021
Sold by
Eihausen Eugene J and Eihausen Tracy Dang
Bought by
K3v Llc
Current Estimated Value
$608,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,650
Outstanding Balance
$303,732
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$303,805

Purchase Details

Closed on
Jun 1, 2007
Sold by
Eihausen Tracy
Bought by
Eihausen Eugene
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
K3v Llc $495,000 Stewart Ttl & Tr Of Phoenix
Eihausen Eugene -- Chicago Title Insurance Co
Eihausen Eugene $323,800 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K3v Llc $331,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2017 12/08/17 Sold $2,517 0.0% $0 / Sq Ft
08/14/2017 08/14/17 For Sale $2,517 -- $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 $3,257 $31,196 -- --
2024 $3,302 $30,639 -- --
2023 $3,302 $44,200 $8,840 $35,360
2022 $3,285 $36,418 $7,280 $29,138
2021 $3,469 $33,588 $6,714 $26,874
2020 $3,409 $32,760 $6,552 $26,208
2019 $3,310 $30,330 $6,066 $24,264
2018 $3,206 $29,214 $5,832 $23,382
2017 $3,102 $27,216 $5,436 $21,780
2016 $2,943 $24,624 $4,914 $19,710
2015 $2,711 $22,145 $4,422 $17,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5647121

Arizona Regional Multiple Listing Service (ARMLS)

APN: 204-01-876