NOT LISTED FOR SALE

3618 Arizona 87 Pine, AZ 85544

Estimated Value: $1,027,396

Studio
-- Bath
-- Sq Ft
0.82 Acres

Last Sold May 18, 2021

Last sale price $765,000

Est. 34% increase in value since last sale

Current estimated payment $6,106/month

104 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Multiple Heating Units
  • Pine Strawberry Elementary School Rated A-

About This Home

As of May 2021

This home is located at 3618 Arizona 87, Pine, AZ 85544 since 30 January 2021 and is currently estimated at $1,027,396. This property was built in 1979. 3618 Arizona 87 is a home located in Gila County with nearby schools including Pine Strawberry Elementary School.

Last Agent to Sell the Property

John daley

East Verde Land & Cattle License #BR510953000 Listed on: 01/30/2021

Last Buyer's Agent

Jeanie Teyechea

Opportunity 2 Own Real Estate License #BR555154000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,865

Year Built

  • Built in 1979

Lot Details

  • 0.82 Acre Lot
  • Property is zoned C-2

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Metal Roof
  • Block Exterior

Flooring

  • Wood
  • Concrete

Parking

  • 40 Open Parking Spaces
  • 40 Parking Spaces

Utilities

  • Central Air
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Tax Lot IN
  • Assessor Parcel Number 301-22-026

Community Details

Overview

  • 4 Buildings

Building Details

  • Operating Expense $7,865
  • Gross Income $67,000
  • Net Operating Income $39,150

Property Details

Property Type

Other

Est. Annual Taxes

$7,865

Year Built

Built in 1979

Lot Details

0.82 Acres

Listing Details

  • Cross Street: HWY 87 ( BEELINE ) & OLD COUNTRY ROAD
  • Legal Info Range: 08E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Mixed Use, Service Business, Restaurant, Office, Food Service, Bar
  • Number Of Buildings: 4
  • Year Built: 1979
  • Tax Year: 2020
  • Lot Size Acres: 0.82
  • Structure Type: Commercial, Office
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood, Concrete

Exterior Features

  • Fencing: Other
  • Construction Type: Frame - Wood, Block, Brick
  • Roof: Composition, Metal
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 40.0
  • Total Parking Spaces: 40.0
  • General Property Description:Uncvrd Parking Spcs: 40.0
  • General Property Description:Total Parking Spcs: 40.0
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump, Office A/C, Central A/C
  • Heating: Heat Pump, 2 or More Units, Electric, Natural Gas
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:Office Heated: Yes

Lot Info

  • Lot Size Sq Ft: 35849.0
  • Additional Parcels: No
  • Parcel #: 301-22-026
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 67000.0
  • Property Net Operating Income: 39149.94
  • Annual Operating Expense: 7865.0

Tax Info

  • Tax Annual Amount: 7865.0
  • Tax Book Number: 301.00
  • Tax Lot: IN
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2021
Sold by
Teyechea Family Living Trust
Bought by
3618 Hwy 87 Llc
Current Estimated Value
$1,027,396

Purchase Details

Listed on
Jan 30, 2021
Closed on
May 20, 2021
Sold by
Sr 87T Llc
Bought by
Teyechea David A and Teyechea Jeanle R
Seller's Agent
John daley
East Verde Land & Cattle
Buyer's Agent
Jeanie Teyechea
Opportunity 2 Own Real Estate
List Price
$885,000
Sold Price
$765,000
Premium/Discount to List
-$120,000
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Jul 29, 2013
Sold by
Sr 87 Llc
Bought by
Sr 87 Llc

Purchase Details

Closed on
Nov 8, 2007
Sold by
Pine Verde Foods Llc
Bought by
Sr 87 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.26%

Purchase Details

Closed on
Oct 15, 2007
Sold by
Richey James M
Bought by
Pine Verde Foods Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.26%

Purchase Details

Closed on
Jul 21, 2006
Sold by
Zeid Mary
Bought by
Zeid Daniel E
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
3618 Hwy 87 Llc -- --
Teyechea David A $765,000 Great American Ttl Agcy Inc
Sr 87 Llc $16,307 None Available
Sr 87 Llc $800,000 First American Title
Pine Verde Foods Llc $800,000 First American Title
Zeid Daniel E -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sr 87 Llc $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2021 05/18/21 Sold $765,000 -10.0% --
04/04/2021 04/04/21 Price Changed $850,000 -4.0% --
01/01/2021 01/01/21 For Sale $885,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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
2026 $9,250 $179,119 $20,186 $158,933
2025 $9,250 -- -- --
2024 $8,469 $100,422 $14,474 $85,948
2023 $8,469 $76,548 $13,751 $62,797
2022 $7,916 $61,609 $6,622 $54,987
2021 $8,337 $61,293 $6,306 $54,987
2020 $7,865 $0 $0 $0
2019 $7,666 $0 $0 $0
2018 $7,462 $0 $0 $0
2017 $7,397 $0 $0 $0
2016 $7,181 $0 $0 $0
2015 $7,818 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6187674

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-22-026

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