NOT LISTED FOR SALE

Estimated Value: $1,691,975

-- Bed
-- Bath
5,460 Sq Ft
$310/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $6,143 $1 Per Sq Ft

Est. 27,443% increase in value since last sale

Current estimated payment $10,380/month

73 Days on Market

Highlights

  • 0.66 Acre Lot
  • Display Windows
  • Concrete Flooring

About This Home

As of September 2017

Most recently used as an auto repair shop. Office, waiting room, service counter and large work area with 14' clear height, Plumbed for air and includes high capacity air compressor. 12' X 12' bay door in rear. Many uses for this property. May be subdivided for retail use or mixed use. Landlord retains the right to develop donut restaurant pad on west end of the building or as stand-alone pad. High traffic corner with shared parking lot with Wal-Mart Neighborhood Market. Circle K on hard corner to the east. NNN expenses are $3.95/SF per 2016 budget.

Last Agent to Sell the Property

Jon Hammond

Keller Williams Realty Sonoran Living License #SA555889000 Listed on: 06/07/2017

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Bryan McCoy

RE/MAX Alliance Group License #SA573514000

RE/MAX Alliance Group

Property Details

Property Type

  • Other

Year Built

  • Built in 1998

Lot Details

  • 0.66 Acre Lot
  • Property is zoned C-G

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Display Windows
  • Concrete Flooring

Parking

  • 40 Open Parking Spaces
  • 40 Parking Spaces

Utilities

  • Heat Pump System

Community Details

  • Showroom

Listing and Financial Details

  • Property Available on 6/1/14
  • Assessor Parcel Number 140-63-003-P

Property Details

Property Type

Other

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Cross Street: West of NWC of Baseline Rd and Lindsay Rd
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Lease
  • Zoning: C-G
  • Bay Info Bay Door Height: 12.0
  • Current Use: Retail, Service Business, Automobile, Bar
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 3.95
  • Lease Info Annual Exp Stop Sq Ft: 3.95
  • Lease Info Annual Lease Price: 81900.0
  • Lease Info Annual Lse Prc P S F: 15.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-10
  • Lease Info Space Divisible: Yes
  • Year Built: 1998
  • Tax Year: 2016
  • Lot Size Acres: 0.66
  • Road Surface Type: Asphalt
  • Structure Type: Commercial
  • Tax Parcel Letter: P
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Other

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 40.0
  • Total Parking Spaces: 40.0
  • General Property Description:Uncvrd Parking Spcs: 40.0
  • General Property Description:Total Parking Spcs: 40.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS, Over 220 Amp
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Green Building Features: Showroom, Display Window(s)
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Showroom: Yes
  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size Sq Ft: 28750.0
  • Additional Parcels: No
  • Parcel #: 140-63-003-P
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2014-06-01

Multi Family

  • Leasable Area: 5460.0

Tax Info

  • Tax Annual Amount: 19054.0
  • Tax Book Number: 140.00
  • Tax Map Number: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2013
Sold by
Quad J Holdings Llc
Bought by
J & M Yin Investment Llc
Current Estimated Value
$1,691,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$307,772
Interest Rate
4.32%
Mortgage Type
Seller Take Back
Estimated Equity
$1,384,203

Purchase Details

Closed on
Aug 21, 2012
Sold by
T W A Investments Llc
Bought by
Quad J Holdings Llc

Purchase Details

Closed on
Jun 11, 2009
Sold by
T W A Investments Llc
Bought by
T W A Investments Llc and Round Em Up Llc

Purchase Details

Closed on
Jan 29, 2009
Sold by
B C Jacobs Inc
Bought by
T W A Investments Llc

Purchase Details

Closed on
Jul 29, 2003
Sold by
Wal Mart Stores Inc
Bought by
B C Jacobs Inc

Purchase Details

Closed on
Dec 17, 1997
Sold by
Apt Arizona Land Co
Bought by
Baseline & Lindsay Project Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 1997
Sold by
Baseline & Lindsay Project Llc
Bought by
B C Jacobs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.23%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J & M Yin Investment Llc $760,000 Security Title Agency
Quad J Holdings Llc $635,000 Empire West Title Agency
T W A Investments Llc -- None Available
T W A Investments Llc $1,040,000 Security Title Agency
B C Jacobs Inc -- Fidelity National Title
Wal Mart Stores Inc $1,392,680 Fidelity National Title
Baseline & Lindsay Project Llc $740,000 Lawyers Title Of Arizona Inc
B C Jacobs Inc $300,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & M Yin Investment Llc $410,000
Previous Owner B C Jacobs Inc $150,000
Closed B C Jacobs Inc $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2017 09/01/17 Sold $6,143 -10.0% $1 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $6,825 +17.6% $1 / Sq Ft
02/17/2015 02/17/15 Sold $5,805 -14.9% $1 / Sq Ft View Prior Sale
02/17/2015 02/17/15 Pending -- -- --
05/12/2014 05/12/14 For Sale $6,825 -- $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
2025 $18,498 $206,502 -- --
2024 $19,043 $202,814 -- --
2023 $19,043 $227,766 $114,699 $113,067
2022 $19,163 $195,108 $88,480 $106,628
2021 $21,699 $200,430 $91,008 $109,422
2020 $21,341 $210,420 $99,432 $110,988
2019 $19,959 $196,632 $88,938 $107,694
2018 $19,116 $179,442 $74,322 $105,120
2017 $18,550 $182,718 $68,814 $113,904
2016 $19,054 $156,132 $50,976 $105,156
2015 $19,505 $176,343 $94,332 $82,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5616585

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-63-003P