NOT LISTED FOR SALE

Estimated Value: $2,314,345

-- Bed
-- Bath
16,307 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 24, 2015

Last sale price $1,025,000 $63 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $14,789/month

185 Days on Market

Highlights

  • Gated Community
  • 1.27 Acre Lot
  • Computer Room
  • Phoenix Coding Academy Rated A
  • Community Kitchen
  • 4-minute walk to Esteban Dog Park

About This Home

As of August 2015

This Commercial building is centrally located in an Industrial Park with No association fees. Double Truck Docs. There are 20 uncovered parking spots, 12 covered parking (1 is handicapped)32 parking spaces in total. Please see the photos, its a turn key building and ready to go.Building is about 16,300 Square feet with about 5,000 in the mezanine. (about 22 feet in ceiling height) There are 6 Bathrooms (2 of them have showers), 1 Conference Room, 1 Training Room, 11 Full Offices, 4 half offices and 1 Telecom room. Buyer to verify all facts, figures and measurements.

Last Agent to Sell the Property

Chris Castillo

CPA Advantage Realty, LLC License #BR529371000 Listed on: 01/23/2015

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1985

Lot Details

  • 1.27 Acre Lot
  • Security Fence
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned IP-Indust. Park

Home Design

  • Tilt Up Walls

Interior Spaces

  • 16,307 Sq Ft Home
  • Skylights
  • Computer Room

Flooring

  • Carpet
  • Stone
  • Concrete
  • Vinyl

Parking

  • 20 Open Parking Spaces
  • 32 Parking Spaces
  • 12 Covered Spaces
  • Private Parking
  • Free Parking
  • Paved Parking
  • Fenced Parking
  • Community Parking Structure

Utilities

  • Heating Available
  • 220 Volts

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 122-72-025

Community Details

Amenities

  • Community Kitchen
  • Meeting Room

Additional Features

  • El Dorado Industrial Plaza Unit 3 Subdivision
  • Operating Expense $26,216
  • Gated Community

Property Details

Property Type

Other

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Southern Ave and S 40th Street
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: IP-Indust. Park
  • Bay Info Bay Door Height: 22.0
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2014
  • Lot Size Acres: 1.27
  • Subdivision Name: EL DORADO INDUSTRIAL PLAZA UNIT 3
  • Structure Type: Commercial, Industrial
  • Electric 220: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Stone, Concrete
  • Living Area: 16307.0

Exterior Features

  • Fencing: Security, Block, Chain Link
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Tilt-Up
  • Roof: Rolled/Hot Mop
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: Paved Parking, Private Parking, Parking Structure, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 32.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 32.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes
  • Parking:Parking Structure: Yes

Utilities

  • Electric: 220 Volts, SRP
  • Cooling: Warehouse Evap, Office A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Kitchen, Computer Room, LAN Compatible Copr, Showers - Office, Skylight(s), Security Gate
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Computer Room: Yes
  • Amenities:Skylight(s)2: Yes
  • Amenities:Security Gate: Yes
  • Amenities:LAN Compatible Copr: Yes

Lot Info

  • Lot Size Sq Ft: 55504.0
  • Parcel #: 122-72-025
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 26216.0

Tax Info

  • Tax Annual Amount: 26216.0
  • Tax Book Number: 122.00
  • Tax Lot: 20
  • Tax Map Number: 72.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Bergamo Industries Llc
Bought by
Paramount Building Llc
Current Estimated Value
$2,314,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,477,052
Outstanding Balance
$1,329,273
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,046,220

Purchase Details

Listed on
Jan 23, 2015
Closed on
Aug 17, 2015
Sold by
Clear Connection Llc
Bought by
Bergamo Industries Llc
Seller's Agent
Chris Castillo
CPA Advantage Realty, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,250,000
Sold Price
$1,025,000
Premium/Discount to List
-$225,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
May 17, 2002
Sold by
Nachman Fred A and Nachman Linda K
Bought by
Clear Connection Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,940
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 1997
Sold by
Nachman Fred A and Nachman Linda K
Bought by
Nachman Fred A and Nachman Linda K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paramount Building Llc $1,846,314 Chicago Title Agency
Bergamo Industries Llc $1,025,000 Fidelity Natl Title Agency
Clear Connection Llc $1,100,000 Fidelity National Title
Nachman Fred A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paramount Building Llc $1,477,052
Previous Owner Clear Connection Llc $555,940
Closed Clear Connection Llc $444,459
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2015 08/24/15 Sold $1,025,000 -18.0% $63 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $1,250,000 -- $77 / 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 $31,809 $210,960 -- --
2024 $31,988 $207,193 -- --
2023 $31,988 $321,164 $64,311 $256,853
2022 $32,269 $251,633 $59,238 $192,395
2021 $33,866 $254,736 $55,674 $199,062
2020 $33,447 $232,722 $46,998 $185,724
2019 $32,366 $207,216 $44,766 $162,450
2018 $31,495 $196,776 $45,774 $151,002
2017 $30,018 $177,390 $42,390 $135,000
2016 $28,550 $183,960 $39,240 $144,720
2015 $27,622 $185,352 $35,520 $149,832
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5226110

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-72-025