NOT LISTED FOR SALE

Estimated Value: $1,073,291

2 Beds
1 Bath
2,904 Sq Ft
$370/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $440,000 $152 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $6,430/month

123 Days on Market

Highlights

  • 2.11 Acre Lot
  • Stone Flooring
  • Heating Available
  • Lone Mountain Elementary School Rated A-
  • Central Air

About This Home

As of May 2013

Back On Market! New Price! Lender Owned. Great Opportunity To Purchase A Very Flexible And Unique Property On 2.12 Currently Zoned RU-43. Could Easily Be Converted To A Church, Office Space, Or Residence. Room For Horses, Arenas, Tack Sheds, etc. Must See This Amazing Building And Property! Also, Property Is Listed In MLS As Residential, MLS# 4850447.

Last Agent to Sell the Property

Michael Gross

Realty ONE Group License #SA512164000 Listed on: 11/15/2012

Last Buyer's Agent

Michael Gross

Century 21 Metro Alliance

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,003

Year Built

  • Built in 1998

Lot Details

  • 2.11 Acre Lot
  • Block Wall Fence
  • Property is zoned RU-43

Home Design

  • 2,904 Sq Ft Home
  • Metal Roof
  • Block Exterior
  • Metal Siding

Flooring

  • Stone
  • Concrete

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heating Available
  • 220 Volts
  • Septic Tank

Community Details

  • Operating Expense $8,003

Listing and Financial Details

  • Assessor Parcel Number 211-45-003-Z

Property Details

Property Type

Other

Est. Annual Taxes

$8,003

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Cross Street: 56th St and Lone Mountain Rd.
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: RU-43
  • Number Of Buildings: 1
  • Year Built: 1998
  • Tax Year: 2011
  • Directions: From Cave Creek Rd., turn East on Lone Mountain Rd. to 56th St., turn South on 56th St., property on left through gate.
  • Lot Size Acres: 2.11
  • Road Surface Type: Asphalt
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: Z
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Stone, Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Metal Siding, Block
  • Roof: Metal
  • Construction:Block: Yes
  • Construction:Metal: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: 220 Volts, Individual Meter, Underground, APS
  • Cooling: Office Evap, Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 92108.0
  • Additional Parcels: No
  • Parcel #: 211-45-003-Z
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 8003.0

Tax Info

  • Tax Annual Amount: 8003.0
  • Tax Book Number: 211.00
  • Tax Lot: 0
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2012
Closed on
May 28, 2013
Sold by
Pb & Jxviii Llc
Bought by
Manship Raymond J and Manship Deborah E
Seller's Agent
Michael Gross
Realty ONE Group
Buyer's Agent
Michael Gross
Realty ONE Group
List Price
$560,000
Sold Price
$440,000
Premium/Discount to List
-$120,000
-21.43%
Total Days on Market
123
Current Estimated Value
$1,073,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,291
Avg. Annual Appreciation
7.71%
Original Mortgage
$348,500
Outstanding Balance
$250,883
Interest Rate
3.38%
Mortgage Type
Commercial
Estimated Equity
$822,408

Purchase Details

Closed on
Jul 12, 2011
Sold by
Camp Creek Llc
Bought by
Pb Andj Xviii Llc

Purchase Details

Closed on
Dec 19, 2008
Sold by
Camp Walter E
Bought by
Camp Creek Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$673,269
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2006
Sold by
Split Ventures Llc
Bought by
Camp Walter E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 19, 2005
Sold by
Walker Jolene
Bought by
3 Bwg Llc

Purchase Details

Closed on
Sep 27, 2005
Sold by
3 Bwg Llc
Bought by
Split Ventures Llc

Purchase Details

Closed on
Jun 3, 2005
Sold by
Big Juniper Llc
Bought by
Walker Jolene
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
Manship Raymond J $440,000 Fidelity National Title Agen
Pb Andj Xviii Llc $600,000 Great American Title Agency
Camp Creek Llc -- Chicago Title
Camp Walter E $875,000 Westland Title Agency Of Az
3 Bwg Llc -- Security Title Agency Inc
Split Ventures Llc $575,000 Security Title Agency Inc
Walker Jolene $450,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manship Raymond J $348,500
Previous Owner Camp Creek Llc $673,269
Previous Owner Camp Walter E $675,000
Previous Owner Camp Walter E $675,000
Previous Owner Desierto Verde Inc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $440,000 -21.4% $152 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
11/09/2012 11/09/12 For Sale $560,000 -- $193 / 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 $4,861 $102,614 -- --
2024 $4,717 $100,197 -- --
2023 $4,717 $173,231 $121,262 $51,969
2022 $4,714 $179,949 $131,421 $48,528
2021 $5,264 $185,989 $134,167 $51,822
2020 $5,178 $171,755 $123,137 $48,618
2019 $5,030 $158,870 $117,272 $41,598
2018 $4,889 $111,465 $70,965 $40,500
2017 $4,704 $76,154 $57,865 $18,289
2016 $4,922 $76,154 $57,865 $18,289
2015 $7,896 $124,589 $103,110 $21,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4850459

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-45-003Z