NOT LISTED FOR SALE

Estimated Value: $1,622,845

-- Bed
-- Bath
6,415 Sq Ft
$253/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $815,000 $127 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $9,191/month

66 Days on Market

About This Home

As of December 2020

• Flex Space For Sale
• Approximately 6,415 SF
• 50/50 Office-Warehouse Split
• High End Finishes
• 8 Offices, Conference Room, Reception Area, 3 Restrooms, Breakroom, and a Loft Space
• 2 Warehouse Bays
• Approximately 450 SF Full A/C Bay
• Approximately 2,900 SF EVAP Cooled Bay
• 2 GL Roll-up Doors

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 07/31/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 1987

Lot Details

  • 0.37 Acre Lot
  • Property is zoned I-1

Home Design

  • 6,415 Sq Ft Home

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces
  • Paved Parking

Community Details

  • Edelbrock Chandler Phase 1 Subdivision
  • Operating Expense $7,022

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 302-24-350

Property Details

Property Type

Other

Est. Annual Taxes

$7,022

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: N Delaware St & N Nevada St
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: I-1
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 1987
  • Tax Year: 2019
  • Lot Size Acres: 0.37
  • Subdivision Name: EDELBROCK CHANDLER PHASE 1
  • Structure Type: Industrial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 6415.0

Exterior Features

  • Fencing: None
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Warehouse A/C, Warehouse Evap
  • Heating: Other, See Remarks
  • Water Source: Other

Lot Info

  • Lot Size Sq Ft: 16117.0
  • Parcel #: 302-24-350
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 7022.0

Tax Info

  • Tax Annual Amount: 7022.0
  • Tax Book Number: 302.00
  • Tax Lot: 3
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Modest Investments Llc
Bought by
Hako Investments Llc
Total Days on Market
66
Current Estimated Value
$1,622,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Outstanding Balance
$1,071,518
Interest Rate
5.82%
Mortgage Type
New Conventional
Estimated Equity
$558,972

Purchase Details

Listed on
Jul 31, 2020
Closed on
Dec 8, 2020
Sold by
Mbm Williams Properties Llc
Bought by
Modest Investments Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$895,000
Sold Price
$815,000
Premium/Discount to List
-$80,000
-8.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.78%
Original Mortgage
$860,000
Interest Rate
2.8%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Aug 25, 2015
Sold by
Cyr Carr Investments Llc
Bought by
Mbm Williams 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
$408,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2015
Sold by
Sgh Iv Llc
Bought by
Cyr Carr Investments Llc

Purchase Details

Closed on
Apr 21, 2004
Sold by
Chandler Business Park Ventures Llc
Bought by
Sgh Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.27%
Mortgage Type
Commercial
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
Hako Investments Llc $1,550,000 Old Republic Title Agency
Modest Investments Llc $815,000 Chicago Title Agency
Mbm Williams Properties Llc $490,000 First American Title Ins Co
Cyr Carr Investments Llc -- North American Title Company
Sgh Iv Llc $515,015 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hako Investments Llc $1,240,000
Previous Owner Modest Investments Llc $860,000
Previous Owner Mbm Williams Properties Llc $2,850,000
Previous Owner Mbm Williams Properties Llc $408,000
Previous Owner Sgh Iv Llc $841,000
Previous Owner Sgh Iv Llc $400,000
Previous Owner Sgh Iii Llc $250,000
Previous Owner Sgh Iv Llc $371,000
Previous Owner Sgh Iv Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $815,000 -8.9% $127 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $895,000 -- $140 / 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 $6,944 $76,158 -- --
2024 $7,195 $74,798 -- --
2023 $7,195 $114,325 $22,593 $91,732
2022 $7,202 $97,930 $33,705 $64,225
2021 $7,662 $97,128 $34,668 $62,460
2020 $7,551 $98,748 $29,214 $69,534
2019 $7,022 $87,714 $25,308 $62,406
2018 $6,834 $78,318 $18,684 $59,634
2017 $6,587 $70,884 $18,144 $52,740
2016 $6,741 $60,678 $16,200 $44,478
2015 $6,333 $58,035 $13,320 $44,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6110740

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-24-350