NOT LISTED FOR SALE

Estimated Value: $2,463,195

-- Bed
-- Bath
2,152 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $300,000 $139 Per Sq Ft

Est. 721% increase in value since last sale

Current estimated payment $15,296/month

210 Days on Market

Highlights

  • 0.52 Acre Lot
  • Central Air
  • Partially Fenced Property
  • Ceramic Tile Flooring

About This Home

As of October 2015

AFFORDABLE SELLER FINANCING. WILL CONSIDER ALL OFFERS.FORMER FAST FOOD RESTAURANT (ALL EQUIPMENT HAS BEEN REMOVED). DRIVE-THRU WINDOW. EXCELLENT LAYOUT FOR CONVENIENCE MARKET, LIQUOR STORE, TITLE LOAN, ETC. MOTIVATED SELLERS. OPPORTUNITY TO START A NEW BUSINESS.

Last Agent to Sell the Property

Dean Abraham

Berkshire Hathaway HomeServices Arizona Properties License #SA032561000 Listed on: 02/12/2015

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1978

Lot Details

  • 0.52 Acre Lot
  • Partially Fenced Property
  • Property is zoned COMM

Home Design

  • 2,152 Sq Ft Home
  • Wood Frame Construction
  • Built-Up Roof

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 11&12
  • Assessor Parcel Number 119-17-038-E

Community Details

Overview

  • Building Dimensions are IRR
  • Veterans Subdivision

Building Details

  • Operating Expense $11,636

Property Details

Property Type

Other

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: OFF I10 ONTO 6th AVENUE
  • Legal Info Range: 13E
  • Property Type: Comm/Industry Sale
  • Zoning: COMM
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1978
  • Tax Year: 2014
  • Lot Size Acres: 0.52
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: VETERANS
  • Structure Type: Commercial
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Living Area: 2152.0

Exterior Features

  • Fencing: Partial
  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 22488.0
  • Parcel #: 119-17-038-E
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 2000.0
  • Annual Operating Expense: 11636.0

Tax Info

  • Tax Annual Amount: 9236.0
  • Tax Book Number: 119.00
  • Tax Lot: 11&12
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2023
Sold by
3700 S 6Th Ave Llc
Bought by
Remnant Holdings Inc
Current Estimated Value
$2,463,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$986,707
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$1,476,488

Purchase Details

Closed on
Aug 4, 2017
Sold by
1439 S 4Th Ave Llc
Bought by
3700 S 6Th Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,241
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2016
Sold by
3700 S 6Th Ave Llc
Bought by
1439 S 4Th Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 12, 2015
Closed on
Sep 25, 2015
Sold by
Tucson Sixth Avenue Rentals Llc
Bought by
3700 S 6Th Ave Llc
Seller's Agent
Dean Abraham
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$575,000
Sold Price
$300,000
Premium/Discount to List
-$275,000
-47.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.19%
Original Mortgage
$275,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 23, 2008
Sold by
Hutchins Mohini
Bought by
Tucson Sixth Avenue Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2007
Sold by
Hutchins David
Bought by
Hutchins Mohini

Purchase Details

Closed on
Dec 28, 2004
Sold by
Ayyad Daniel B and Ayyad Rebeca Lyn
Bought by
Dr 3700 6Th Avenue Llc

Purchase Details

Closed on
Aug 24, 2004
Sold by
Strain Clarence R
Bought by
Ayyad Daniel B and Ayyad Rebeca Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2003
Sold by
Southwest Seafood Shoppes Llc
Bought by
Strain Clarence R
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
Remnant Holdings Inc $2,388,000 Pioneer Title
3700 S 6Th Ave Llc -- Mta
1439 S 4Th Ave Llc -- Long Title
1439 S 4Th Ave Llc -- Long Title
3700 S 6Th Ave Llc $300,000 Driggs Title Agency Inc
Tucson Sixth Avenue Rentals Llc -- None Available
Hutchins Mohini -- Ticor
Hutchins Mohini $780,000 Ticor Title
Ayyad Daniel -- Ticor Title
Dr 3700 6Th Avenue Llc -- --
Dr 3700 6Th Avenue Llc -- --
Ayyad Daniel B $725,000 Ticor
Ayyad Daniel B $725,000 Ticor
Strain Clarence R $550,000 --
Southwest Seafood Shoppes Llc $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Remnant Holdings Inc $1,000,000
Previous Owner 3700 S 6Th Ave Llc $1,315,000
Previous Owner 3700 S 6Th Ave Llc $600,000
Previous Owner 1439 S 4Th Ave Llc $565,241
Previous Owner 3700 S 6Th Ave Llc $675,000
Previous Owner 1439 S 4Th Ave Llc $730,000
Previous Owner 3700 S 6Th Ave Llc $275,000
Previous Owner Hutchins Mohini $390,000
Previous Owner Ayyad Daniel B $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $300,000 -47.8% $139 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $575,000 -- $267 / 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
2024 $18,891 $119,489 -- --
2023 $16,250 $123,110 $0 $0
2022 $17,651 $130,352 $0 $0
2021 $18,246 $119,516 $0 $0
2020 $17,691 $130,356 $0 $0
2019 $17,458 $130,356 $0 $0
2018 $17,076 $48,440 $0 $0
2017 $6,639 $48,440 $0 $0
2016 $8,396 $50,357 $0 $0
2015 $9,124 $53,776 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5235691

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-17-038E