NOT LISTED FOR SALE

3738 W Commonwealth Ave Chandler, AZ 85226

West Chandler Neighborhood

Estimated Value: $4,184,058

-- Bed
-- Bath
25,503 Sq Ft
$164/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $300 $0 Per Sq Ft

Est. 1,394,586% increase in value since last sale

Current estimated payment $24,441/month

348 Days on Market

Highlights

  • Concrete Flooring
  • Kyrene Traditional Academy Rated A-
  • Heating Available

About This Home

As of February 2016

Santa Cruz Business Suites is the best deal in office/warehouse in Chandler. Just west of the Chandler Mall and east of Stellar Airpark - 300 SF office AVAILABLE.

3 year deals from 1.00 plus sales tax. Tenant pays electric. Landlord pays water, sewer, trash, landscape. Call today about incentives!

Last Agent to Sell the Property

Brent Hickey

Central Real Estate Co License #BR014018000 Listed on: 02/18/2015

Last Buyer's Agent

Brent Hickey

Central Real Estate Co License #BR014018000 Listed on: 02/18/2015

Property Details

Property Type

  • Other

Year Built

  • Built in 1986

Lot Details

  • Block Wall Fence
  • Property is zoned PAD

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 40 Open Parking Spaces
  • 40 Parking Spaces

Additional Features

  • Concrete Flooring
  • Heating Available

Community Details

  • Santa Cruz Business Suites Subdivision

Listing and Financial Details

  • Property Available on 11/7/15
  • Tax Lot 1
  • Assessor Parcel Number 301-65-914

Property Details

Property Type

Other

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Chandler Boulevard and 101
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: PAD
  • Current Use: Mixed Use, Office, Warehouse
  • Lease Info Annual Lease Price: 7.8
  • Lease Info Annual Lse Prc P S F: 0.65
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 0
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 1200
  • Year Built: 1986
  • Tax Year: 2014
  • Directions: From 101 go west on Chandler Boulevard to N Hearthstone Way. Go south to Commonwealth and west to property.
  • Subdivision Name: Santa Cruz Business Suites
  • Structure Type: Industrial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: 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:Free: Yes

Utilities

  • Electric: SRP
  • Cooling: Warehouse Evap, Office A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 301-65-914

Rental Info

  • Available Date: 2015-11-07

Multi Family

  • Leasable Area: 300.0

Tax Info

  • Tax Annual Amount: 23321.0
  • Tax Book Number: 301.00
  • Tax Lot: 1
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2015
Sold by
Santa Cruz Business Suites Llc
Bought by
Commercial Realty Ventures Llc
Current Estimated Value
$4,184,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Outstanding Balance
$1,239,234
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$2,944,824

Purchase Details

Closed on
Aug 4, 2004
Sold by
H C H Enterprises
Bought by
Santa Cruz Business Suites Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1997
Sold by
Santa Cruz Business Suites Llc
Bought by
Scbs East Llc

Purchase Details

Closed on
May 26, 1997
Sold by
Clouse Denzel
Bought by
Scbs West Llc

Purchase Details

Closed on
May 23, 1997
Sold by
Clouse Denzel
Bought by
Scbs East Llc

Purchase Details

Closed on
May 15, 1997
Sold by
White Jerry W and White Thirl Ann
Bought by
Scbs East Llc

Purchase Details

Closed on
Apr 3, 1997
Sold by
Santa Cruz Business Suites Llc
Bought by
Clouse Denzel

Purchase Details

Closed on
Apr 17, 1996
Sold by
H C H Enterprises
Bought by
Santa Cruz Business Suites Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.41%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Commercial Realty Ventures Llc $2,100,000 Old Republic Title Agency
Santa Cruz Business Suites Llc -- Transnation Title
Scbs East Llc $100,000 Transnation Title Ins Co
Scbs West Llc $100,000 Transnation Title Ins Co
Scbs West Llc $100,000 Transnation Title Ins Co
Scbs East Llc $100,000 Transnation Title Ins Co
Scbs East Llc $100,000 Transnation Title Ins Co
Clouse Denzel $30,000 Transnation Title Ins Co
Santa Cruz Business Suites Llc $537,306 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Commercial Realty Ventures Llc $1,575,000
Previous Owner Santa Cruz Business Suites Llc $650,000
Previous Owner Santa Cruz Business Suites Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2016 02/16/16 Sold $300 -80.8% $0 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
02/18/2015 02/18/15 For Sale $1,560 -- $0 / 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 $27,091 $282,904 -- --
2024 $27,414 $277,852 -- --
2023 $27,414 $472,277 $332,537 $139,740
2022 $27,019 $409,903 $184,888 $225,015
2021 $28,713 $381,312 $190,170 $191,142
2020 $28,107 $324,180 $187,632 $136,548
2019 $27,335 $313,596 $164,808 $148,788
2018 $26,530 $319,878 $154,044 $165,834
2017 $25,391 $322,560 $142,632 $179,928
2016 $25,744 $283,608 $126,216 $157,392
2015 $24,377 $204,925 $124,912 $80,013
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Brent Hickey

    Central Real Estate Co

    (480) 707-7444

    2 Total Sales

    Brent Hickey
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5238496

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-65-914

Arizona Maricopa County Chandler 85226 West Chandler

3738 W Commonwealth Ave, Chandler, AZ

This home is located at 3738 W Commonwealth Ave, Chandler, AZ 85226 since 18 February 2015 and is currently estimated at $4,184,058, approximately $164 per square foot. This property was built in 1986. 3738 W Commonwealth Ave is a home located in Maricopa County with nearby schools including Kyrene Traditional Academy, Kyrene Aprende Middle School, and Corona Del Sol High School.

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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