NOT LISTED FOR SALE

Estimated Value: $501,451

-- Bed
-- Bath
3,000 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 08, 2012

Last sale price $160,000 $53 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $3,259/month

28 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of March 2012

Great industrial building in West Tempe/East Phoenix market. 2000 sf workshop and 1000 sf office on 10000 sf fenced and gated lot. Previously used as an Air Conditioning company. about a mile from the I-10 freeway. lose to the Sky Harbor Freeway. Possible seller financing with reasonable downpayment. Also available for lease at $1800 per month Industrial Gross.

Last Agent to Sell the Property

tooraj Bakhtiari

RE/MAX Excalibur License #SA043021000 Listed on: 02/08/2012

RE/MAX Excalibur

Last Buyer's Agent

tooraj Bakhtiari

RE/MAX Excalibur License #SA043021000 Listed on: 02/08/2012

RE/MAX Excalibur

Property Details

Property Type

  • Other

Year Built

  • Built in 1977

Lot Details

  • 10,000 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned A-1

Home Design

  • 3,000 Sq Ft Home
  • Block Exterior

Flooring

  • Wood
  • Concrete

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Private Parking
  • Free Parking
  • Fenced Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • 220 Volts
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 122-01-056-a

Property Details

Property Type

Other

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Cross Street: University Drive and 40th street
  • Property Type: Comm/Industry Sale
  • Zoning: A-1
  • Bay Info Bay Door Height: 12.0
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1977
  • Tax Year: 2011
  • Directions: South on 40th street from university Drive or north on 40th street from I-10 to Miami Avenue then West to the property on the North side of the street
  • Lot Size Acres: 0.23
  • Road Surface Type: Asphalt
  • Structure Type: Industrial, Manufacturing
  • Tax Parcel Letter: a
  • Electric 220: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood, Concrete
  • Living Area: 3000.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Private, Free, Fenced
  • 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 Features Private Parking: Yes
  • Parking Features Free: Yes
  • Parking Features Fenced: Yes

Utilities

  • Electric: 220 Volts, APS
  • Cooling: Heat Pump, Office A/C, Warehouse Evap
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 10000.0
  • Parcel #: 122-01-056-a

Multi Family

  • Insurance Expense: 2400.0

Tax Info

  • Tax Annual Amount: 6890.0
  • Tax Book Number: 122.00
  • Tax Lot: 1
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2023
Sold by
Camelot Investments Llc
Bought by
3812 E Miami Ave Llc
Current Estimated Value
$501,451

Purchase Details

Closed on
May 8, 2013
Sold by
Smith Randy R and Draper Veronica Jo
Bought by
Camelot Investments Llc

Purchase Details

Listed on
Feb 8, 2012
Closed on
Mar 1, 2012
Sold by
Adair Joe R and Adair Kathryn A
Bought by
Smith Randy R and Draper Veronica Jo
Seller's Agent
tooraj Bakhtiari
RE/MAX Excalibur
Buyer's Agent
tooraj Bakhtiari
RE/MAX Excalibur
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Jul 14, 1995
Sold by
Adair J L and Adair Alice Y
Bought by
Adair Joe R and Adair Kathryn A
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
3812 E Miami Ave Llc $475,000 Pioneer Title
Camelot Investments Llc -- None Available
Smith Randy R $160,000 First American Title Ins Co
Adair Joe R $89,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2012 03/08/12 Sold $160,000 -11.1% $53 / Sq Ft
03/07/2012 03/07/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $180,000 -- $60 / 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 $6,564 $43,331 -- --
2024 $6,570 $42,557 -- --
2023 $6,570 $63,019 $20,383 $42,636
2022 $6,628 $48,318 $24,063 $24,255
2021 $6,956 $46,080 $24,750 $21,330
2020 $6,870 $44,946 $20,718 $24,228
2019 $6,648 $37,278 $19,872 $17,406
2018 $6,469 $35,442 $14,544 $20,898
2017 $6,166 $32,994 $13,464 $19,530
2016 $6,292 $38,898 $12,474 $26,424
2015 $6,088 $33,893 $11,859 $22,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4713425

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-01-056A