NOT LISTED FOR SALE

Estimated Value: $1,622,270

-- Bed
-- Bath
6,736 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 05, 2015

Last sale price $829,500 $123 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $9,521/month

331 Days on Market

About This Home

As of October 2015

• 6,710 SF Freestanding Building
• Lease: $18.50 PSF MG
• Sale: $1,050,000
• Large Fenced Grass Yard
• Built Out For School/Daycare

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 08/22/2014

Last Buyer's Agent

Patrick Harfst

Realty Executives Arizona Territory License #SA026831000

Realty Executives Arizona Territory

Property Details

Property Type

  • Other

Year Built

  • Built in 1989

Lot Details

  • Property is zoned C-G

Home Design

  • 6,736 Sq Ft Home

Community Details

  • Net Operating Income $1

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 309-03-211

Property Details

Property Type

Other

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: C-G
  • Number Of Buildings: 1
  • Year Built: 1989
  • Tax Year: 2013
  • Professional Management Expense: 1.0
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Other, See Remarks
  • Construction Type: Other, See Remarks
  • Roof: See Remarks, Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Fee Information

  • Annual Fuel Expense: 1.0
  • Trash Expense: 1.0
  • Annual Water Sewer Expense: 1.0

Lot Info

  • Additional Parcels: No
  • Parcel #: 309-03-211

Multi Family

  • Electric Expense: 1.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1.0
  • Property Net Operating Income: 1.0
  • Vacancy Allowance Rate: 1.0

Tax Info

  • Tax Book Number: 309.00
  • Tax Lot: 2
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2014
Closed on
Sep 29, 2015
Sold by
Jet Baseline Llc
Bought by
Desert Management Services Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Patrick Harfst
Realty Executives Arizona Territory
List Price
$1,050,000
Sold Price
$829,500
Premium/Discount to List
-$220,500
-21%
Current Estimated Value
$1,622,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$792,770
Avg. Annual Appreciation
6.78%
Original Mortgage
$583,334
Outstanding Balance
$459,117
Interest Rate
3.89%
Mortgage Type
Construction
Estimated Equity
$1,163,153

Purchase Details

Closed on
Jan 1, 2008
Sold by
Jet Enterprises Llc
Bought by
Jet La Petite Gilbert Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Desert Management Services Llc $829,500 First American Title Ins Co
Jet La Petite Gilbert Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desert Management Services Llc $583,334
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2015 10/05/15 Sold $829,500 -21.0% $123 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
08/04/2014 08/04/14 For Sale $1,050,000 -- $156 / 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 $12,253 $134,954 -- --
2024 $12,604 $132,544 -- --
2023 $12,604 $197,710 $119,017 $78,693
2022 $12,618 $191,486 $111,038 $80,448
2021 $13,424 $171,630 $114,210 $57,420
2020 $13,225 $144,360 $94,284 $50,076
2019 $12,286 $148,140 $77,724 $70,416
2018 $11,948 $133,380 $53,478 $79,902
2017 $11,557 $126,864 $49,518 $77,346
2016 $16,499 $142,560 $44,208 $98,352
2015 $15,463 $142,599 $63,918 $78,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5161453

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-03-211