NOT LISTED FOR SALE

3920 S Alma School Rd Unit Ste. 8 Chandler, AZ 85248

Ocotillo Neighborhood
-- Bed
-- Bath
10,911 Sq Ft
1,699 Sq Ft Lot

Last Sold June 20, 2023

Last sale price $2,100 $0 Per Sq Ft

258 Days on Market

Highlights

  • Wood Flooring
  • Community Kitchen
  • Heat Pump System
  • Jacobson Elementary School Rated A
  • Central Air

About This Home

As of June 2023

SHARE OFFICE-Co-Tenancy Opportunity in well appointed development. Existing Internal Medicine group interested in sharing surplus private office space with general office or medical office user like Start-ups, Tattoo Removal, IT Company, Private Investigator, Web Designer, Dispatchers, Virtual Assistant, Overflow space, or Network management. Overall office. Must NOT conflict with Internal Medical practice. 1,400 SF, of which 600/SF would be yours alone and consist of 5 procedure/exam rooms with water, 2 private offices, and a nurse or support station. Another 816/SF would be common or shared space.

Last Agent to Sell the Property

Jon Hammond

Keller Williams Realty Sonoran Living License #SA555889000 Listed on: 10/10/2022

Keller Williams Realty Sonoran Living

Co-Listed By

Brent Luck

Keller Williams Realty Sonoran Living License #SA679333000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 2004

Lot Details

  • Additional Parcels
  • Property is zoned PAD

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Flooring

  • Wood Flooring

Parking

  • 25 Open Parking Spaces
  • 27 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Property Available on 10/10/22
  • Tax Lot C101
  • Assessor Parcel Number 303-49-158

Community Details

Overview

  • Fountains At Ocotillo Subdivision

Amenities

  • Community Kitchen
  • Reception Area

Property Details

Property Type

Other

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: Ocotillo/Alma School
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: PAD
  • Current Use: Medical/Dental, Office
  • Lease Info Annual Lease Price: 25200.0
  • Lease Info Annual Lse Prc P S F: 18.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3 minimum
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 1400
  • Year Built: 2004
  • Tax Year: 2022
  • Directions: From Loop 202 San Tan, go south on Alma School to right before Ocotillo and it is on the west side of the street.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: kwaf06
  • Co List Office Phone: 480-444-7200
  • Subdivision Name: Fountains at Ocotillo
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 27.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 27.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Heat Pump, Electric
  • Green Building Features: Reception Room, Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes

Lot Info

  • Additional Parcels: Yes
  • Parcel #: 303-49-158

Rental Info

  • Available Date: 2022-10-10

Multi Family

  • Leasable Area: 1400.0

Tax Info

  • Tax Annual Amount: 3678.0
  • Tax Book Number: 303.00
  • Tax Lot: C101
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2005
Sold by
The Fountains At Ocotillo Llc
Bought by
Raas Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$809,800
Outstanding Balance
$470,479
Interest Rate
6.36%
Mortgage Type
Commercial
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
Raas Investments Llc $686,650 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raas Investments Llc $809,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $2,100 0.0% $0 / Sq Ft
10/05/2022 10/05/22 For Sale $2,100 -16.0% $0 / Sq Ft
08/01/2017 08/01/17 Sold $2,500 0.0% $0 / Sq Ft
04/20/2016 04/20/16 For Sale $2,500 +249900.0% $0 / Sq Ft
11/01/2013 11/01/13 Sold $1 -99.9% $0 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $1,983 -- $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 $3,651 $38,476 -- --
2024 $3,689 $37,789 -- --
2023 $3,689 $75,480 $15,096 $60,384
2022 $3,678 $66,291 $13,248 $53,043
2021 $3,888 $56,304 $11,250 $45,054
2020 $3,867 $54,306 $10,854 $43,452
2019 $3,731 $52,560 $10,512 $42,048
2018 $3,625 $35,226 $7,038 $28,188
2017 $3,406 $35,316 $7,056 $28,260
2016 $3,276 $33,030 $6,606 $26,424
2015 $3,242 $35,150 $7,030 $28,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6475386

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-49-158