NOT LISTED FOR SALE

Estimated Value: $2,435,985

-- Bed
-- Bath
1,100 Sq Ft
$2,215/Sq Ft Est. Value

Last Sold April 20, 2020

Last sale price $1,800 $2 Per Sq Ft

Est. 135,232% increase in value since last sale

Current estimated payment $13,659/month

13 Days on Market

Highlights

  • Vinyl Flooring
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of April 2020

Space 4 has a building on it and it was used as a residence. It can be used as an office. 5 spaces are available for lease (1 space includes a home that can be used as an office). Property has 2 three-phase power lines to property and 1 single phase at the rear of the property. The entire property is fenced and zoned C-3. property has access and exits on both the north and south side. Just 1 mile from I-17 and 2.3 miles from I-10.

Last Agent to Sell the Property

Stella Bonin

ProSmart Realty License #BR550696000 Listed on: 04/07/2020

ProSmart Realty

Co-Listed By

Sam Vigil

US Investment Realty, LLC License #SA676418000

Last Buyer's Agent

Stella Bonin

Bliss Realty & Investments License #BR550696000

Property Details

Property Type

  • Other

Year Built

  • Built in 1970

Lot Details

  • 6,400 Sq Ft Lot
  • Property is zoned C-3

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Vinyl Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Private Parking
  • Fenced Parking

Utilities

  • Heating Available

Community Details

  • Building Dimensions are 50' X 130'
  • Four Boy Eighty 20 To 41 Subdivision

Listing and Financial Details

  • Property Available on 4/6/20
  • Tenant pays for trash collection, electricity, water
  • The owner pays for (see remarks), property taxes, sewer
  • Tax Lot 3
  • Assessor Parcel Number 105-11-007-A

Property Details

Property Type

Other

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: 27 ave and Buckeye Rd
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Lease
  • Zoning: C-3
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 1800.0
  • Lease Info Annual Lse Prc P S F: 1.63
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 2020
  • Lease Info Space Divisible: No
  • Year Built: 1970
  • Tax Year: 2019
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: cbrb11
  • Co List Office Phone: 480-496-9001
  • Subdivision Name: FOUR BOY EIGHTY 20 TO 41
  • Structure Type: Other (See Remarks), Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Vinyl
  • Living Area: 1100.0

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Other (See Remarks)23: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Private Parking, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Other (See Remarks)24: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Other, See Remarks
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Lot Info

  • Lot Size: 50' X 130'
  • Lot Size Sq Ft: 6400.0
  • Additional Parcels: No
  • Parcel #: 105-11-007-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2020-04-06

Multi Family

  • Owner Pays: Other (See Remarks), Property Taxes, Sewer
  • Tenant Pays: See Remarks, Trash Collection, Electricity, Water
  • Existing Lease Type: Gross
  • Leasable Area: 1100.0

Tax Info

  • Tax Annual Amount: 10629.0
  • Tax Book Number: 105.00
  • Tax Lot: 3
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
South Phoenix Commercial Complex Llc
Bought by
3151 Buckeye Llc
Current Estimated Value
$2,435,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,785,000
Outstanding Balance
$1,766,726
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$714,626

Purchase Details

Listed on
Apr 7, 2020
Closed on
Mar 13, 2020
Sold by
Laycock Dennis and Laycock Wendy
Bought by
South Phoeinx Commercial Complex Llc
Seller's Agent
Stella Bonin
ProSmart Realty
Buyer's Agent
Stella Bonin
ProSmart Realty
List Price
$1,800
Sold Price
$1,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
257.84%
Original Mortgage
$500,000
Interest Rate
3.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 19, 2006
Sold by
P C E Inc
Bought by
Laycock Dennis and Laycock Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2005
Sold by
Postlewait Donavan J
Bought by
P C E Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2004
Sold by
Postlewait Donovan J
Bought by
Postlewait Donovan J and Estate Of Levi E Postlewait

Purchase Details

Closed on
Nov 17, 2004
Sold by
Magnussen Annette
Bought by
Postlewait Donovan J and Postlewait Family Trust

Purchase Details

Closed on
Mar 26, 2004
Sold by
Stretch Enterprises
Bought by
Postlewait Family Trust

Purchase Details

Closed on
Apr 7, 2000
Sold by
Pond James and Magnussen Annette
Bought by
Postlewait Levi

Purchase Details

Closed on
May 27, 1999
Sold by
Levi Postlewait Family Trust
Bought by
Stretch Enterprises

Purchase Details

Closed on
Nov 7, 1998
Sold by
Postlewait Levi E
Bought by
Stretch Enterprises

Purchase Details

Closed on
Feb 5, 1998
Sold by
Postlewait Levi
Bought by
Levi Postlewait Family Trust

Purchase Details

Closed on
Oct 5, 1994
Sold by
Schweitzer Henry J and Schweitzer Ella R
Bought by
Postlewait Levi E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.54%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
3151 Buckeye Llc $2,550,000 Pinnacle Title Services
South Phoeinx Commercial Complex Llc $900,000 Equity Title Agency Inc
Laycock Dennis $693,000 The Talon Group Hayden Park
P C E Inc $450,000 Fidelity National Title
Postlewait Donovan J -- Fidelity National Title
Postlewait Donovan J -- Fidelity National Title
Postlewait Family Trust -- --
Postlewait Levi -- First American Title
Postlewait Levi -- First American Title
Stretch Enterprises -- --
Stretch Enterprises -- --
Levi Postlewait Family Trust -- --
Postlewait Levi E $30,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3151 Buckeye Llc $1,785,000
Previous Owner South Phoeinx Commercial Complex Llc $500,000
Previous Owner Laycock Dennis $393,000
Previous Owner P C E Inc $360,000
Previous Owner Postlewait Levi E $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2020 04/20/20 Sold $1,800 0.0% $2 / Sq Ft
04/04/2020 04/04/20 For Sale $1,800 -99.8% $2 / Sq Ft
03/20/2020 03/20/20 Sold $900,000 -2.7% $223 / Sq Ft View Prior Sale
02/20/2020 02/20/20 Pending -- -- --
08/16/2019 08/16/19 For Sale $925,000 -- $229 / 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 $10,145 $81,116 -- --
2024 $10,341 $79,667 -- --
2023 $10,341 $130,611 $102,340 $28,271
2022 $10,210 $90,021 $63,928 $26,093
2021 $11,123 $85,968 $59,850 $26,118
2020 $10,748 $79,488 $53,280 $26,208
2019 $10,629 $72,954 $47,376 $25,578
2018 $10,412 $69,534 $43,866 $25,668
2017 $10,012 $63,612 $45,684 $17,928
2016 $10,157 $58,824 $41,544 $17,280
2015 $9,867 $58,405 $43,457 $14,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6062753

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-11-007A