NOT LISTED FOR SALE

Estimated Value: $1,450,894

-- Bed
-- Bath
9,501 Sq Ft
$153/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $1,450,000 $153 Per Sq Ft

Current estimated payment $8,540/month

127 Days on Market

Highlights

  • 0.48 Acre Lot
  • Central Air
  • Heating Available
  • Agua Fria High School Rated A-
  • Concrete Flooring

About This Home

As of December 2021

Strong National Brand Corp Tenant has been leasing this building for 15 years and just renewed for another 5 years. Great looking building located in an 86,600sf Shopping Center with a total of 420 parking spaces.

Last Agent to Sell the Property

cindy white

West USA Realty License #BR028500000 Listed on: 11/22/2021

West USA Realty

Last Buyer's Agent

Carlos Arellano

Equity Realty Group, LLC License #SA624186000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,200

Year Built

  • Built in 1977

Lot Details

  • 0.48 Acre Lot
  • Property is zoned C-2

Home Design

  • Tilt Up Walls
  • Built-Up Roof

Interior Spaces

  • 9,501 Sq Ft Home
  • Concrete Flooring

Parking

  • 420 Open Parking Spaces
  • 420 Parking Spaces
  • Public Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 500-08-077

Community Details

Overview

  • Goodyear Commercial Park Subdivision

Building Details

  • Operating Expense $11,200
  • Gross Income $83,172
  • Net Operating Income $83,172

Property Details

Property Type

Other

Est. Annual Taxes

$11,200

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Cross Street: SEC LITCHFIELD/VAN BUREN
  • Legal Info Range: 1W
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1977
  • Tax Year: 2020
  • Directions: I-10 to Litchfield Rd exit, south 1 mile to Van Buren. ICI Paint Building is in the Shopping Center on SE corner
  • Lot Size Acres: 0.48
  • Subdivision Name: GOODYEAR COMMERCIAL PARK
  • Structure Type: Commercial
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 9501.0

Exterior Features

  • Fencing: None
  • Disclosures: Other (See Remarks)
  • Construction Type: Tilt-Up
  • Roof: Built-Up
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking Features: Parking Lot, Paved
  • Attached Garage: No
  • Open Parking Spaces: 420.0
  • Total Parking Spaces: 420.0
  • General Property Description:Uncvrd Parking Spcs: 420.0
  • General Property Description:Total Parking Spcs: 420.0
  • Parking Features Paved Parking: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 21070.0
  • Parcel #: 500-08-077

Multi Family

  • Annual Gross Income: 83172.36
  • Property Net Operating Income: 83172.36
  • Annual Operating Expense: 11200.0

Tax Info

  • Tax Annual Amount: 11200.0
  • Tax Book Number: 500.00
  • Tax Lot: 6
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 1998
Sold by
Shaffer Properties Llc
Bought by
Desanti Rod and Desanti Louise
Current Estimated Value
$1,450,894

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
6.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1994
Sold by
Der Enterprises Ltd Partnership
Bought by
Shaffer Properties Llc
Source: Public Records

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
Desanti Rod $400,000 Fidelity Title
Shaffer Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desanti Rod $400,000
Closed Desanti Rod $250,000
Closed Desanti Rod $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $1,450,000 -3.3% $153 / Sq Ft
11/22/2021 11/22/21 Price Changed $1,500,000 0.0% $158 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $1,500,000 0.0% $158 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $1,500,000 -- $158 / 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 $10,534 $95,287 -- --
2024 $10,746 $93,585 -- --
2023 $10,746 $161,364 $24,922 $136,442
2022 $10,570 $144,620 $17,535 $127,085
2021 $11,566 $146,808 $18,036 $128,772
2020 $11,200 $159,354 $30,366 $128,988
2019 $10,936 $153,828 $30,060 $123,768
2018 $10,897 $146,196 $26,082 $120,114
2017 $10,747 $145,188 $25,308 $119,880
2016 $10,974 $94,842 $24,840 $70,002
2015 $10,460 $73,834 $18,056 $55,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6264064

Arizona Regional Multiple Listing Service (ARMLS)

APN: 500-08-077