NOT LISTED FOR SALE

Estimated Value: $3,613,949

Studio
-- Bath
6,246 Sq Ft
$579/Sq Ft Est. Value

About This Home

This home is located at 3131 E Shea Blvd, Phoenix, AZ 85028 and is currently estimated at $3,613,949, approximately $578 per square foot. 3131 E Shea Blvd is a home located in Maricopa County with nearby schools including Desert Cove Elementary School, Shea Middle School, and Shadow Mountain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Thkre Llc
Bought by
Sabio Properties Llc
Current Estimated Value
$3,613,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,310,000
Outstanding Balance
$2,238,691
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$1,375,258

Purchase Details

Closed on
Apr 25, 2023
Sold by
Thkre Llc
Bought by
Sabio 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
$2,310,000
Outstanding Balance
$2,238,691
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$1,375,258

Purchase Details

Closed on
Jul 10, 2020
Sold by
3131 East Shiea Blvd Llc
Bought by
Thkre Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 28, 2017
Sold by
Pcg Management Llc
Bought by
3131 East Shea Blvd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2017
Sold by
Seven Hills Properties Inc
Bought by
Pcg Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2012
Sold by
Reddy Properties Llc
Bought by
Seven Hills Properties Ii Llc

Purchase Details

Closed on
Oct 20, 2010
Sold by
Zions First National Bank
Bought by
Reddy Properties Llc

Purchase Details

Closed on
Mar 5, 2010
Sold by
Not Provided
Bought by
Zions First National Bank

Purchase Details

Closed on
Dec 18, 2007
Sold by
Pescaderia Serranos Pa
Bought by
El Pacifico Restaurante Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2001
Sold by
Bernal Frank D and Bernal Maria G
Bought by
Pescaderia Serranos Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,600
Interest Rate
7.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 1998
Sold by
Romley Fred and Romley Lou Ann
Bought by
Bernal Frank D and Bernal Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Sabio Properties Llc $3,300,000 Chicago Title Agency
Sabio Properties Llc $3,300,000 Chicago Title Agency
Thkre Llc $2,100,000 Premier Title Agency
3131 East Shea Blvd Llc -- Clear Title Agency Of Az Llc
Pcg Management Llc -- Clear Title Agency Of Az Llc
Seven Hills Properties Ii Llc -- None Available
Reddy Properties Llc $310,000 Fidelity National Title
Zions First National Bank $450,908 None Available
El Pacifico Restaurante Inc -- Camelback Title Agency Llc
Pescaderia Serranos Partnership $550,000 Security Title Agency
Bernal Frank D $480,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabio Properties Llc $2,310,000
Closed Sabio Properties Llc $2,310,000
Previous Owner Thkre Llc $1,550,000
Previous Owner 3131 East Shea Blvd Llc $543,750
Previous Owner El Pacifico Restaurante Inc $660,000
Previous Owner Pescaderia Serranos Partnership $486,600
Previous Owner Bernal Frank D $436,500
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 $27,189 $266,036 -- --
2024 $27,547 $261,285 -- --
2023 $27,547 $359,924 $48,824 $311,100
2022 $28,073 $339,571 $50,383 $289,188
2021 $28,960 $341,982 $51,822 $290,160
2020 $3,682 $50,970 $40,935 $10,035
2019 $3,687 $47,085 $37,455 $9,630
2018 $3,566 $100,368 $42,840 $57,528
2017 $10,315 $98,694 $42,840 $55,854
2016 $10,143 $90,756 $38,160 $52,596
2015 $9,654 $78,811 $30,470 $48,341
Source: Public Records

Map

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