$1,285,000
SOLD JUL 12, 2024

2850 E Show Low Lake Rd Show Low, AZ 85901

-- Bed
-- Bath
12,001 Sq Ft
2.15 Acres

Recently Sold

$107 Per Sq Ft

8% Below List Price

427 Days on Market

Highlights

  • 2.15 Acre Lot
  • Central Air
  • Concrete Flooring
  • Community Kitchen

About This Home

As of July 2024

12,000 sq ft freestanding building with large fenced yard, show room and warehouse space and offices. Many uses for C-2 zoning-see documents.

Last Agent to Sell the Property

Liz Engelhart

Advantage Realty Professionals License #BR558301000 Listed on: 04/14/2023

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,396

Year Built

  • Built in 1983

Lot Details

  • 2.15 Acre Lot
  • Chain Link Fence
  • Property is zoned C-2

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 12,001 Sq Ft Home
  • Concrete Flooring

Parking

  • 51 Open Parking Spaces
  • 61 Parking Spaces
  • Public Parking
  • 10 Covered Spaces
  • Free Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 161B
  • Assessor Parcel Number 212-03-161-B

Community Details

Amenities

  • Community Kitchen
  • Showroom

Building Details

  • Operating Expense $9,396

Property Details

Property Type

Other

Est. Annual Taxes

$9,396

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Show Low Lake RD and 260
  • Legal Info Range: 22E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2024
  • Directions: White mountain Blvd to Show Low Lake rd(By Summit hospital) to property on left. (corner Sitgreaves and show Low lake rd)
  • Lot Size Acres: 2.15
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Concrete
  • Living Area: 12001.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood
  • Roof: Metal
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Paved Parking, Public Parking, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 51.0
  • Total Parking Spaces: 61.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 51.0
  • General Property Description:Total Parking Spcs: 61.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: Master Meter, City Electric
  • Cooling: Central A/C
  • Heating: Radiant, Natural Gas
  • Green Building Features: Showroom, Kitchen
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Electric Master Meter: Yes
  • Heating:Radiant: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Showroom: Yes

Lot Info

  • Lot Size Sq Ft: 93811.0
  • Parcel #: 212-03-161-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 9396.0

Tax Info

  • Tax Annual Amount: 9396.0
  • Tax Book Number: 212.00
  • Tax Lot: 161B
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jul 12, 2024
Sold by
Smith Show Low Properties Llc
Bought by
2850 E Show Low Lake Road Llc
Seller's Agent
Liz Engelhart
Advantage Realty Professionals
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,395,000
Sold Price
$1,285,000
Premium/Discount to List
-$110,000
-7.89%
Total Days on Market
427
Views
212
Current Estimated Value
$1,316,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,813
Avg. Annual Appreciation
2.66%
Original Mortgage
$1,025,000
Outstanding Balance
$1,016,424
Interest Rate
7.03%
Mortgage Type
Seller Take Back
Estimated Equity
$300,389

Purchase Details

Closed on
Jul 13, 2007
Sold by
Kay Georgia A
Bought by
Smith Show Low Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.67%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Special Warranty Deed $1,285,000 Stewart Title & Trust Of Phoen
Special Warranty Deed $1,000,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,025,000 Seller Take Back
Previous Owner $850,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $1,285,000 -7.9% $107 / Sq Ft
12/28/2023 12/28/23 For Sale $1,395,000 0.0% $116 / Sq Ft
09/29/2023 09/29/23 Off Market $1,395,000 -- --
04/14/2023 04/14/23 For Sale $1,395,000 -- $116 / 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
2026 $9,543 -- -- --
2025 $9,396 $94,649 $21,034 $73,615
2024 $9,396 $89,018 $21,034 $67,984
2023 $9,396 $75,994 $21,034 $54,960
2022 $8,800 $0 $0 $0
2021 $10,862 $0 $0 $0
2020 $10,767 $0 $0 $0
2019 $11,031 $0 $0 $0
2018 $11,063 $0 $0 $0
2017 $10,602 $0 $0 $0
2016 $9,759 $0 $0 $0
2015 $11,734 $102,161 $45,106 $57,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6544377

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-03-161B