NOT LISTED FOR SALE

4039 E Raymond St Phoenix, AZ 85040

South Mountain Neighborhood
-- Bed
-- Bath
64,375 Sq Ft
6.95 Acres

Last Sold December 13, 2013

Last sale price $2,895,000 $45 Per Sq Ft

48 Days on Market

Highlights

  • 6.95 Acre Lot
  • Concrete Flooring
  • Heating Available
  • Central Air
  • Partially Fenced Property

About This Home

As of December 2013

Can be demised in multi-tenant or single user. Located on 6.95 Acres (includes excess land). Abundant parking covers excess land (approximately 500 spaces). Air conditioned multi-purpose, multi-tenant or single user building. ''As Is'' sale. No warranty. Also for lease - call for rates. Zoning A-1, City of Phoenix. Various ceiling heights. Industrial 50%, Office 50%. Ideal central Phoenix/Airport location with immediate access to I-10, Loop 202 and the US 60 Freeways. Southern portion of lots have been conveyed to State of Arizona in 2012. (REF GPE3727)

Last Agent to Sell the Property

Ronald Genovese

Avison Young License #BR008010000 Listed on: 08/14/2013

Last Buyer's Agent

Ronald Genovese

Avison Young License #BR008010000 Listed on: 08/14/2013

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $165,911

Year Built

  • Built in 1974

Lot Details

  • 6.95 Acre Lot
  • Partially Fenced Property
  • Additional Parcels
  • Property is zoned A-1

Home Design

  • Tilt Up Walls
  • Wood Frame Construction
  • Metal Siding

Interior Spaces

  • 64,375 Sq Ft Home
  • Concrete Flooring

Parking

  • 500 Open Parking Spaces
  • 500 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Maricopa Freeway Center 1 North Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 124-54-012

Property Details

Property Type

Other

Est. Annual Taxes

$165,911

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: NEC I-10 & 40th St.
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: A-1
  • Current Use: Mixed Use, Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 1974
  • Tax Year: 2012
  • Directions: NEC I-10/60 to S. 40th St. north, then east on E. Raymond Street.
  • Lot Size Acres: 6.95
  • Road Surface Type: Asphalt
  • Subdivision Name: Maricopa Freeway Center 1 North
  • Structure Type: Commercial, Industrial, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Other

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame - Wood, Tilt-Up, Metal Siding
  • Roof: Other, See Remarks
  • Construction:Metal: Yes
  • Construction:Tilt-Up: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 500.0
  • Total Parking Spaces: 500.0
  • General Property Description:Uncvrd Parking Spcs: 500.0
  • General Property Description:Total Parking Spcs: 500.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 302742.0
  • Additional Parcels: Yes
  • Parcel #: 124-54-012
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 6
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Department Of Transportation
Bought by
Dared 89 Llc

Purchase Details

Closed on
Nov 25, 2015
Sold by
Dared 89 Llc
Bought by
Dared 89 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2015
Sold by
Avalon Pacific Santa Ana Lp
Bought by
Dared 89 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 14, 2013
Closed on
Dec 11, 2013
Sold by
Happy State Bank
Bought by
Avalon Pacific Santa Ana Lp
Seller's Agent
Ronald Genovese
Avison Young
Buyer's Agent
Ronald Genovese
Avison Young
List Price
$2,995,000
Sold Price
$2,895,000
Premium/Discount to List
-$100,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.04%
Mortgage Type
Commercial
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
Dared 89 Llc -- None Listed On Document
Dared 89 Llc -- None Available
Dared 89 Llc $3,600,000 Chicago Title Agency
Avalon Pacific Santa Ana Lp $2,895,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dared 89 Llc $10,000,000
Previous Owner Avalon Pacific Santa Ana Lp $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2013 12/13/13 Sold $2,895,000 -3.3% $45 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $2,995,000 -- $47 / 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 $165,911 $1,429,459 -- --
2024 $238,388 $1,403,932 -- --
2023 $238,388 $3,083,545 $666,230 $2,417,315
2022 $162,393 $1,966,650 $523,460 $1,443,190
2021 $168,623 $1,914,588 $538,416 $1,376,172
2020 $163,319 $1,803,690 $453,222 $1,350,468
2019 $160,245 $1,446,678 $534,222 $912,456
2018 $156,216 $1,142,244 $534,222 $608,022
2017 $36,044 $412,200 $412,200 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Ronald Genovese

    Avison Young

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4983020

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-54-012B

Arizona Maricopa County Phoenix 85040 South Mountain

4039 E Raymond St, Phoenix, AZ

This home is located at 4039 E Raymond St, Phoenix, AZ 85040 since 14 August 2013. This property was built in 1974. 4039 E Raymond St is a home located in Maricopa County with nearby schools including Geneva Epps Mosley Middle School, Tempe High School, and Phoenix International Academy.

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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