NOT LISTED FOR SALE

3707 E Shea Blvd Phoenix, AZ 85028

Paradise Valley Village Neighborhood

Estimated Value: $2,282,371

Studio
-- Bath
54,525 Sq Ft
$42/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $650,000 $12 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $14,621/month

168 Days on Market

About This Home

As of December 2018

• Development Opportunity for Investor or Owner/User
• Approximately 1.25 Acres
• For Sale: $759,000.00 ($14.00 PSF)
• Located at the SWC of Shea Blvd. and 37th Street
• Perfect for Professional Office or Medical Use
• Zoned RO, City of Phoenix
• Conceptual Plans shows 3 Buildings and 12,600 SF
• Great Visibility with Frontage on Shea Blvd.
• Traffic Count of nearly 50,000 VPD
• Close Proximity to Business and Retail Amenities
• Near Paradise Valley Mall, Kierland Commons, Camelback/Biltmore Area
• Easy Access to SR-51

OFFERING SUMMARY
Sale Price: $759,000.00
Price PSF: $14.00 PSF
Lot Size: Approx. 1.25 Acres
Lot Square Feet: 54,525 SF
Zoning: RO, City of Phoenix
Submarket: Paradise Valley
APN: 165-01-007D

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 03/21/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 2018

Lot Details

  • 1.25 Acre Lot
  • Property is zoned RO

Home Design

  • 54,525 Sq Ft Home

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 165-36-007-D

Property Details

Property Type

Other

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Cross Street: SWC of Shea Blvd & 37th St
  • Property Type: Comm/Industry Sale
  • Zoning: RO
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 2018
  • Tax Year: 2017
  • Lot Size Acres: 1.25
  • Structure Type: Other (See Remarks), Office
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 54525.0

Exterior Features

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

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Green Building Features: Overhead Crane
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 54525.0
  • Parcel #: 165-36-007-D
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 165.00
  • Tax Lot: 2
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jan 16, 2019
Sold by
Shea & 37Th Llc
Bought by
Mgp Hq Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$759,000
Sold Price
$650,000
Premium/Discount to List
-$109,000
-14.36%
Current Estimated Value
$2,282,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,632,371
Source: Public Records
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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
Mgp Hq Llc $650,000 Commonwealth Land Title Insu
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2018 12/17/18 Sold $650,000 -14.4% $12 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $759,000 -- $14 / 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 $32,229 $315,352 -- --
2024 $32,654 $309,720 -- --
2023 $32,654 $563,482 $167,773 $395,709
2022 $33,277 $408,153 $153,825 $254,328
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5739820

Arizona Regional Multiple Listing Service (ARMLS)

APN: 165-01-007J

Arizona Maricopa County Phoenix 85028 Paradise Valley Village

3707 E Shea Blvd, Phoenix, AZ

Not Listed for Sale

Other

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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