NOT LISTED FOR SALE
Studio
-- Bath
1,876 Sq Ft
1.59 Acres

Last Sold March 13, 2019

Last sale price $780,000 $416 Per Sq Ft

7 Days on Market

Highlights

  • Gated Community
  • 1.59 Acre Lot
  • Central Air
  • Phoenix Coding Academy Rated A
  • Community Kitchen
  • Security Fence

About This Home

As of March 2019

Great hard to find location with close proximity to Skyharbor Airport, has office space and large gated yard with rolling gate access to E Anne St and E Illini St. Has excellent freeway access! Has site plan, older Phase 1 assessment, and survey. Power, water, storm water retention, and sewer in place. Zoned I-1, A-1 light industrial with multiple use possibilities. Sale includes two parcels. This property is in an Opportunity Zone, rare chance to save money!

Last Agent to Sell the Property

Daniel McClure

Keller Williams Realty Sonoran Living License #BR652615000 Listed on: 01/28/2019

Keller Williams Realty Sonoran Living

Co-Listed By

William Hawking

Keller Williams Realty Sonoran Living License #SA654899000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $16,875

Year Built

  • Built in 2006

Lot Details

  • 1.59 Acre Lot
  • Property fronts an alley
  • Security Fence
  • Chain Link Fence
  • Property is zoned I-1, A-1

Home Design

  • 1,876 Sq Ft Home
  • Wood Frame Construction
  • Foam Roof
  • Metal Siding

Flooring

  • Carpet
  • Vinyl

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking
  • Fenced Parking

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 6 and 8
  • Assessor Parcel Number 122-11-008-B

Community Details

Building Details

  • Operating Expense $21,675
  • Net Operating Income $4,800

Additional Features

  • Okemah Acres Blk 7 Subdivision
  • Community Kitchen
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$16,875

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: S 38th St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: I-1, A-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2006
  • Tax Year: 2017
  • Lot Size Acres: 1.59
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: kwsl02
  • Co List Office Phone: 480-948-3338
  • Subdivision Name: OKEMAH ACRES BLK 7
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 1876.0

Exterior Features

  • Fencing: Security, Chain Link
  • Disclosures: Soil Test, Boundary Survey Avlb, Perc Test, Appraisal, ALTA Survey Availbl
  • Construction Type: Frame - Wood, Metal Siding
  • Roof: Foam
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Private Parking, Public Parking, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Free: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: Individual Meter, SRP
  • Cooling: Heat Pump, Central A/C, Office A/C
  • Heating: Heat Pump, 2 or More Units, Electric
  • Green Building Features: Kitchen, Security Gate
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Security Gate: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Lot Info

  • Lot Size Sq Ft: 69225.0
  • Parcel #: 122-11-008-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 3600.0
  • Property Net Operating Income: 4800.0
  • Annual Operating Expense: 21675.0

Tax Info

  • Tax Annual Amount: 16875.0
  • Tax Book Number: 122.00
  • Tax Lot: 6 and 8
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2022
Sold by
Ajac Inc
Bought by
George Brazil Re I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,600,000
Outstanding Balance
$3,791,637
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2019
Closed on
Mar 6, 2019
Sold by
Ss Recon Llc
Bought by
Ajac Inc
Seller's Agent
Daniel McClure
Keller Williams Realty Sonoran Living
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$780,000
Sold Price
$780,000

Purchase Details

Closed on
Apr 29, 2003
Sold by
Arikota Lp
Bought by
Ss Recon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,617
Interest Rate
5.84%
Mortgage Type
Commercial
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
George Brazil Re I Llc -- Great American Title
Ajac Inc $780,000 Infinity Title Agency
Ss Recon Llc $430,156 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Brazil Re I Llc $5,600,000
Previous Owner Ss Recon Llc $322,617
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2019 03/13/19 Sold $780,000 0.0% $416 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $780,000 -- $416 / 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 $4,817 $31,946 $31,946 --
2024 $4,844 $31,375 $31,375 --
2023 $4,844 $51,187 $51,187 $0
2022 $4,887 $44,660 $44,660 $0
2021 $5,128 $45,936 $45,936 $0
2020 $5,065 $38,574 $38,574 $0
2019 $6,036 $36,702 $36,702 $0
2018 $5,873 $33,282 $33,282 $0
2017 $5,598 $30,816 $30,816 $0
2016 $5,324 $28,530 $28,530 $0
2015 $5,368 $29,101 $29,101 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5874526

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-11-008B