NOT LISTED FOR SALE

Estimated Value: $778,698

-- Bed
-- Bath
5,963 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 18, 2012

Last sale price $285,000 $48 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $4,771/month

31 Days on Market

Highlights

  • 0.2 Acre Lot
  • Playa Del Rey Elementary School Rated A-
  • Concrete Flooring

About This Home

As of December 2012

Private Lender Owned Office Warehouse Building in East Point Business Center. Nicely built out but needs a little TLC. Property has a second story office suite that is seperately metered and could be used for additional cash flow. Show and Sell.

Last Agent to Sell the Property

Dan Werner

Metropolitan Realty Advisors LLC License #BR519311000 Listed on: 10/05/2012

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,332

Year Built

  • Built in 1987

Lot Details

  • 8,862 Sq Ft Lot
  • Property is zoned I-1

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 5,963 Sq Ft Home
  • Concrete Flooring

Community Details

  • East Point Business Park Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 302-24-338

Property Details

Property Type

Other

Est. Annual Taxes

$5,332

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: Arizona Ave and Elliot Road
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: I-1
  • Bay Info Bay Size: 3000
  • Current Use: Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 1987
  • Tax Year: 2012
  • Directions: The property is located in the NEC of Arizona Ave and Elliot Road. Arizona Ave to Chilton. Chilton East to East Point Business Center.
  • Lot Size Acres: 0.2
  • Road Surface Type: Dedicated Street, Private Street, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: East Point Business Park
  • Structure Type: Industrial, Manufacturing
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Other, See Remarks
  • Construction Type: Block, Brick
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Warehouse A/C, Office A/C
  • Heating: Other, See Remarks
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Lot Size Sq Ft: 8862.0
  • Additional Parcels: No
  • Parcel #: 302-24-338
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 5331.54
  • Tax Book Number: 302.00
  • Tax Lot: 8
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2012
Closed on
Dec 12, 2012
Sold by
Evi Group Llc
Bought by
Isaiah 542 Llc
Seller's Agent
Dan Werner
Metropolitan Realty Advisors LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Total Days on Market
31
Current Estimated Value
$778,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,698
Avg. Annual Appreciation
8.48%
Original Mortgage
$229,200
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 2005
Sold by
Point Grey Development Co
Bought by
Hamel Scott D and Hamel Regina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,000
Interest Rate
5.53%
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
Isaiah 542 Llc $286,500 First American Title
Hamel Scott D $875,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isaiah 542 Llc $535,000
Closed Isaiah 542 Llc $600,000
Closed Isaiah 542 Llc $229,200
Previous Owner Sgh Iii Llc $250,000
Previous Owner Hamel Scott D $657,000
Previous Owner Hamel Scott D $657,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2012 12/18/12 Sold $285,000 -5.0% $48 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $300,000 -- $50 / 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 $4,784 $52,459 -- --
2024 $4,956 $51,523 -- --
2023 $4,956 $99,586 $19,907 $79,679
2022 $4,961 $83,091 $16,608 $66,483
2021 $5,278 $81,468 $16,290 $65,178
2020 $5,201 $80,694 $16,128 $64,566
2019 $4,837 $72,378 $14,472 $57,906
2018 $4,707 $62,550 $12,510 $50,040
2017 $4,537 $62,586 $12,510 $50,076
2016 $4,644 $57,258 $11,448 $45,810
2015 $4,362 $52,448 $10,490 $41,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4829721

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-24-338