NOT LISTED FOR SALE

Estimated Value: $493,000 - $784,102

Studio
-- Bath
7,859 Sq Ft
$81/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $350,000 $45 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,885/month

706 Days on Market

Highlights

  • 0.5 Acre Lot
  • Central Air
  • Concrete Flooring
  • Phoenix Coding Academy Rated A

About This Home

As of May 2019

Auto Repair Facility with 3 bedroom 2 Bathroom Apartment.
Auto repair commercial facility on approximately .5 acres. Three buildings on parcel.
Building #1 - 4,257 SF with 9 offices, break room, new carpet and paint, 3 restrooms.
Building #2 - 2,222 SF 10'' ceilings, two grade level doors, 120/208 Single Phase Power, 1 restroom.
Building #3 - 1,380 SF 14-16' ceilings, two grade level doors, 120/208 Single Phase Power. Zoned for Live/Work. Great investment opportunity. Current tenant is paying 3,250 per month NNN.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 03/30/2017

Last Buyer's Agent

Bryan Mortensen

LRA Real Estate Group, LLC License #BR648243000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,973

Year Built

  • Built in 1916

Lot Details

  • 0.5 Acre Lot
  • Property is zoned I-1

Home Design

  • 7,859 Sq Ft Home
  • Tilt Up Walls
  • Composition Roof
  • Metal Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air

Community Details

  • 3 Buildings
  • Operating Expense $4,973

Listing and Financial Details

  • Assessor Parcel Number 108-02-009-A

Property Details

Property Type

Other

Est. Annual Taxes

$4,973

Year Built

Built in 1916

Lot Details

0.5 Acres

Listing Details

  • Cross Street: Grand & 31st Ave
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: I-1
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1916
  • Tax Year: 2016
  • Lot Size Acres: 0.5
  • Structure Type: Commercial, Industrial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 7859.0

Exterior Features

  • Construction Type: Tilt-Up, Block
  • Roof: Composition, Metal, Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 25.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 21987.0
  • Parcel #: 108-02-009-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4973.0

Tax Info

  • Tax Annual Amount: 4973.0
  • Tax Book Number: 108.00
  • Tax Lot: --
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 15, 2019
Sold by
Garza Guillermo and Garza Leticia
Bought by
Hughes David
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Bryan Mortensen
LRA Real Estate Group, LLC
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Current Estimated Value
$638,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,701
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Oct 27, 2014
Sold by
Los Guapos Lllp
Bought by
Garza Guillermo and Garza Leticia

Purchase Details

Closed on
Jul 2, 2012
Sold by
Phoenix Land Division Llc
Bought by
Pinnacle Ridge Holdings Llc

Purchase Details

Closed on
Dec 21, 2009
Sold by
Andersen Darl J and Andersen Kaye L
Bought by
Los Guapos Lllp

Purchase Details

Closed on
Jan 15, 2009
Sold by
Rodriguez Raul Gil and Rodriguez Raul
Bought by
Andersen Darl and Andersen Kaye

Purchase Details

Closed on
May 22, 2006
Sold by
Rodriguez Raul and Munguia Mario G
Bought by
Rodriguez Raul

Purchase Details

Closed on
Apr 26, 2005
Sold by
Rodriguez Raul
Bought by
Munguia Mario G

Purchase Details

Closed on
Dec 28, 2004
Sold by
Ramirez Maria G
Bought by
Rodriguez Raul

Purchase Details

Closed on
Dec 8, 2000
Sold by
Stipe Paul M
Bought by
Rodriguez Raul
Source: Public Records
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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
Hughes David $350,000 Old Republic Title Agency
Garza Guillermo $255,000 Old Republic Title Agency
Pinnacle Ridge Holdings Llc -- None Available
Los Guapos Lllp -- None Available
Andersen Darl $282,000 Empire West Title Agency
Rodriguez Raul $80,000 First American Title Ins Co
Munguia Mario G -- First American Title
Rodriguez Raul -- First American Title Ins Co
Rodriguez Raul $50,000 First American Title Ins Co
Rodriguez Raul $145,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $350,000 +0.3% $45 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
04/26/2018 04/26/18 Price Changed $349,000 -2.8% $44 / Sq Ft
03/29/2017 03/29/17 For Sale $359,000 -- $46 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $6,735 $42,597 -- --
2024 $6,322 $41,279 -- --
2023 $6,322 $55,637 $22,320 $33,317
2022 $5,919 $48,349 $17,597 $30,752
2021 $6,095 $48,239 $17,982 $30,257
2020 $5,850 $46,721 $16,690 $30,031
2019 $5,724 $41,633 $12,996 $28,637
2018 $5,223 $40,237 $11,613 $28,624
2017 $5,199 $38,674 $12,084 $26,590
2016 $4,973 $35,155 $10,990 $24,165
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5582456

Arizona Regional Multiple Listing Service (ARMLS)

APN: 108-02-009A

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