NOT LISTED FOR SALE

Estimated Value: $667,000 - $673,843

0.14 Acre
$4,788,729 Price per Acre
5,954 Sq Ft Lot

Last Sold November 01, 2018

Last sale price $330,000

Est. 103% increase in value since last sale

Current estimated payment $3,866/month

47 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • 4-minute walk to Arcadia Park
  • Tavan Elementary School Rated A
  • No HOA

About This Lot

As of November 2018

Rare re-development opportunity with active absentee owner business. This is a great investment opportunity. Zoned for office or retail. Just North of NEC 56th Street and Thomas at Orange Blossom Just West of the secondary entrance to the Arizona County Club. Currently run as a 3 bay self serve car wash and dog wash, 2 vacuums, Coke machine and vending machine with sales around $35,000 per year. Build your dream office, coffee stand or whatever fits your commercial/retail needs. Enjoy steady income while you have plans drawn up. Owner willing to carry or lease property. Commercial C-2 zoned lot in South Arcadia.

Last Agent to Sell the Property

Jay Fisher

American Realty Brokers License #SA104468000 Listed on: 07/23/2018

American Realty Brokers

Last Buyer's Agent

Tucker Blalock

The Brokery License #BR642462000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,489

Year Built

  • 1971

Lot Details

  • 5,954 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is zoned C-2

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association
  • Ingleside Club Tr Lot 16 39, 130 150 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 128-37-002-B

Property Details

Property Type

Land

Est. Annual Taxes

$2,489

Year Built

1971

Lot Details

0

Listing Details

  • Cross Street: 56th Street & Thomas Road
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Level
  • Zoning: C-2
  • Tax Year: 2018
  • Directions: 25 Yards North of Thomas Road on East Side of 56th Street
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: INGLESIDE CLUB TR LOT 16-39, 130-150
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1971

Interior Features

  • Possible Use: Retail, Commercial, Office

Exterior Features

  • Lot Features: Corner Lot, Mountain View(s)
  • Disclosures: ALTA Survey Alba

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 115x53
  • Lot Size Sq Ft: 5954.0
  • Additional Parcels: No
  • Parcel #: 128-37-002-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2489.38
  • Tax Book Number: 128.00
  • Tax Lot: 1
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Tucker Blalock Pllc
Bought by
56Th & Thomas Llc
Total Days on Market
47
Current Estimated Value
$670,422

Purchase Details

Closed on
Mar 6, 2024
Sold by
Bortlock Holdings Llc
Bought by
Tucker Blalock Pllc

Purchase Details

Closed on
Apr 17, 2023
Sold by
Joll Holdings Llc
Bought by
Bortlock Holdings Llc

Purchase Details

Closed on
Jun 8, 2021
Sold by
Bortlock Holdings Llc
Bought by
Joll Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 23, 2018
Closed on
Oct 30, 2018
Sold by
Dirty Dog Car Wash Llc
Bought by
Bortlock Holdings Llc
Seller's Agent
Jay Fisher
American Realty Brokers
Buyer's Agent
Tucker Blalock
The Brokery
List Price
$387,000
Sold Price
$330,000
Premium/Discount to List
-$57,000
-14.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Synodontis Llc
Bought by
Dirty Dog Car Wash Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.32%
Mortgage Type
Commercial
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
56Th & Thomas Llc $650,000 Landmark Title
Tucker Blalock Pllc -- --
Bortlock Holdings Llc -- --
Joll Holdings Llc -- Accommodation
Bortlock Holdings Llc $330,000 Landmark Title Assurance Age
Dirty Dog Car Wash Llc $155,000 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bortlock Holdings Llc $214,500
Previous Owner Dirty Dog Car Wash Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $330,000 -14.7% --
09/08/2018 09/08/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $387,000 -- --
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 $1,442 $18,347 $18,347 --
2024 $1,413 $17,473 $17,473 --
2023 $1,413 $27,360 $27,360 $0
2022 $1,355 $24,225 $24,225 $0
2021 $2,841 $35,748 $29,070 $6,678
2020 $2,799 $30,438 $23,832 $6,606
2019 $2,694 $29,160 $22,698 $6,462
2018 $2,591 $27,090 $20,862 $6,228
2017 $2,489 $25,596 $18,882 $6,714
2016 $2,425 $23,922 $17,820 $6,102
2015 $3,471 $36,242 $30,784 $5,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5797100

Arizona Regional Multiple Listing Service (ARMLS)

APN: 128-37-002B