NOT LISTED FOR SALE

325 N Austin Dr Unit 4 Chandler, AZ 85226

West Chandler Neighborhood

Estimated Value: $1,968,622

1 Bed
-- Bath
8,860 Sq Ft
$222/Sq Ft Est. Value

Last Sold February 11, 2016

Last sale price $4,500 $1 Per Sq Ft

Est. 43,647% increase in value since last sale

Current estimated payment $11,891/month

38 Days on Market

Highlights

  • Community Kitchen
  • Computer Room
  • Heating Available
  • Kyrene de la Mirada Elementary School Rated A
  • Central Air

About This Home

As of February 2016

2 suites available. #4- A large open multipurpose room - 2500sqft, this 4500 sqft suite includes a stage, A/V booth, projector screen, two-three offices, lobby, 3 additional classrooms, restrooms and kitchen. This multipurpose space is perfect for large corporate events, office/product showrooms, churches,schools, music, educational groups, meetings,and classes, speaking events, classes,gym, studio ,speakers, informationals, churches, meetings, concerts. can break up the 4500 sqft to smaller areas.
Suite #3- 500 sqft space- will lease seperately, or combine with suite #4.

With Frontage on Kyrene rd, just north of Chandler Blvd, west on Erie, South on Austin, to property on the east. Neighboring businesses, construction, dance studio, software, churches

Last Agent to Sell the Property

Lori Souza

Connect Realty.com Inc. License #BR537336000 Listed on: 01/04/2016

Connect Realty.com Inc.

Last Buyer's Agent

Lori Souza

DeMerritt Realty Management

Property Details

Property Type

  • Other

Year Built

  • Built in 2004

Lot Details

  • 0.83

Home Design

  • Tile Roof
  • Block Exterior

Parking

  • 40 Open Parking Spaces
  • 43 Parking Spaces
  • 3 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Computer Room
  • Property is zoned comm

Listing and Financial Details

  • Property Available on 12/31/15
  • Tax Lot 73
  • Assessor Parcel Number 301-68-142

Community Details

Overview

  • Southpark Business Center Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Property Details

Property Type

Other

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: Kyrene/Chandler
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: comm
  • Current Use: Mixed Use, Service Business, Religious Facility
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 24000.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 2
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 4000
  • Year Built: 2004
  • Tax Year: 2008
  • Directions: North on Kyrene, West on Erie, south on Austin to Building on East,
  • Subdivision Name: Southpark Business Center
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Open Parking Spaces: 40.0
  • Total Parking Spaces: 43.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 40.0
  • General Property Description:Total Parking Spcs: 43.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen, Computer Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Computer Room: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 301-68-142

Rental Info

  • Available Date: 2015-12-31

Multi Family

  • Leasable Area: 4000.0

Tax Info

  • Tax Annual Amount: 12000.0
  • Tax Book Number: 301.00
  • Tax Lot: 73
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2017
Sold by
Monza Developement Llc
Bought by
Bwf Investments Llc
Total Days on Market
38
Current Estimated Value
$1,968,622

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
Outstanding Balance
$159,565
Interest Rate
5%
Mortgage Type
Commercial
Estimated Equity
$1,815,826

Purchase Details

Closed on
Sep 4, 2003
Sold by
Litzinger Daniel L and Litzinger Brenda J
Bought by
Monza Development Llc

Purchase Details

Closed on
May 14, 2002
Sold by
Chandland Inc
Bought by
Litzinger Daniel L and Litzinger Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,098
Interest Rate
7.13%
Mortgage Type
Seller Take Back
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
Bwf Investments Llc $1,100,000 Old Republic Title
Monza Development Llc -- --
Litzinger Daniel L $301,648 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bwf Investments Llc $660,000
Previous Owner Monza Development Llc $800,000
Previous Owner Monza Development Llc $250,000
Previous Owner Monza Development Llc $900,000
Previous Owner Litzinger Daniel L $201,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2016 02/11/16 Sold $4,500 0.0% $1 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $4,500 -- $1 / 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 $17,323 $180,897 -- --
2024 $17,529 $177,667 -- --
2023 $17,529 $306,408 $80,138 $226,270
2022 $17,277 $252,840 $60,725 $192,115
2021 $18,360 $233,838 $62,460 $171,378
2020 $17,973 $203,832 $57,726 $146,106
2019 $17,479 $180,000 $55,080 $124,920
2018 $16,964 $159,264 $46,530 $112,734
2017 $16,236 $154,152 $43,074 $111,078
2016 $16,462 $131,184 $38,124 $93,060
2015 $16,816 $158,397 $40,885 $117,512
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lori Souza

    Connect Realty.com Inc.

    (602) 432-3296

    8 Total Sales

    Lori Souza
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5378167

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-68-142

Arizona Maricopa County Chandler 85226 West Chandler

325 N Austin Dr Unit 4, Chandler, AZ

This home is located at 325 N Austin Dr Unit 4, Chandler, AZ 85226 since 04 January 2016 and is currently estimated at $1,968,622, approximately $222 per square foot. This property was built in 2004. 325 N Austin Dr Unit 4 is a home located in Maricopa County with nearby schools including Kyrene de la Mirada Elementary School, Kyrene del Pueblo Middle School, and Mountain Pointe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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