NOT LISTED FOR SALE

4048 E Superior Ave Unit B Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $4,658,540

-- Bed
-- Bath
48,749 Sq Ft
$96/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $15,000 $0 Per Sq Ft

Est. 30,957% increase in value since last sale

Current estimated payment $29,776/month

335 Days on Market

Highlights

  • Gated Community
  • Computer Room
  • Concrete Flooring
  • Community Kitchen
  • Security Fence

About This Home

As of October 2013

Building B has 24,172 total SF, 2,500 SF is office space. 26' clear height. (3) 12'X14' roll up doors, (1) Ramp and (13) Truck Loading Spots. Direct I-10/40th St. Access, 2.76 acre site, Zoned A-1 (industrial zoning), tile concrete construction, fully fire sprinklers, septic utilities, EVAP cooled warehouse.
Building A and Building B are listed separately but can be leased together.

Last Agent to Sell the Property

Karl Tunberg

eXp Realty License #BR014015000 Listed on: 11/21/2012

Last Buyer's Agent

Karl Tunberg

Hague Partners License #BR014015000

Property Details

Property Type

  • Other

Year Built

  • Built in 1985

Lot Details

  • Security Fence
  • Chain Link Fence
  • Property is zoned A-1 Indust

Home Design

  • Tilt Up Walls
  • Foam Roof

Interior Spaces

  • Computer Room
  • Concrete Flooring

Parking

  • 80 Open Parking Spaces
  • 80 Parking Spaces

Utilities

  • Master Water Meter
  • Septic Tank

Listing and Financial Details

  • Property Available on 1/7/13
  • Assessor Parcel Number 124-50-018

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Showroom
  • Reception Area

Security

  • Gated Community

Property Details

Property Type

Other

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 40th and University
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: A-1 Indust
  • Current Use: Mixed Use, Service Business, Office, Warehouse, Wholesale
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 1.32
  • Lease Info Annual Exp Stop Sq Ft: 1.32
  • Lease Info Annual Lease Price: 3.84
  • Lease Info Annual Lse Prc P S F: 3.84
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3.84
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 24,172
  • Year Built: 1985
  • Tax Year: 2012
  • Directions: From I-10, travel north on S. 40th Street, turn east on E. Superior Ave. Building A is the one closest to the street.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Security, Chain Link
  • Disclosures: None
  • Construction Type: Tilt-Up
  • Roof: Foam
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Open Parking Spaces: 80.0
  • Total Parking Spaces: 80.0
  • General Property Description:Uncvrd Parking Spcs: 80.0
  • General Property Description:Total Parking Spcs: 80.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: SRP, Individual Meter, Over 220 Amp
  • Cooling: Warehouse Evap, Office A/C
  • Heating: Office Heated
  • Green Building Features: Conference Room, Reception Room, Showroom, Kitchen, Computer Room, Security Gate
  • Water Source: City Franchise, Master Meter
  • Sewer Septic Tank: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Computer Room: Yes
  • Amenities:Showroom: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 124-50-018

Rental Info

  • Available Date: 2013-01-07

Multi Family

  • Leasable Area: 26685.0

Tax Info

  • Tax Annual Amount: 48953.12
  • Tax Book Number: 124.00
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 1995
Sold by
The Fidelity Mutual Life Insurance Co
Bought by
Micro Investments Llc
Current Estimated Value
$4,658,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
8.43%
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
Micro Investments Llc $1,170,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Micro Investments Llc $600,000
Closed Micro Investments Llc $800,000
Previous Owner Diversified Equity Financial Corp $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2013 10/31/13 Sold $15,000 +93.9% $0 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $7,735 -- $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 $48,575 $433,359 -- --
2024 $49,673 $425,621 -- --
2023 $49,673 $833,918 $160,276 $673,642
2022 $49,232 $642,058 $128,468 $513,590
2021 $51,120 $651,546 $132,138 $519,408
2020 $49,512 $620,658 $111,078 $509,580
2019 $48,580 $529,344 $105,462 $423,882
2018 $47,359 $513,918 $101,502 $412,416
2017 $45,801 $477,360 $93,996 $383,364
2016 $45,433 $426,420 $87,030 $339,390
2015 $43,821 $336,830 $90,558 $246,272
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Karl Tunberg

    eXp Realty

    (480) 369-5130

    6 in this area

    314 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4853365

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-50-018

Arizona Maricopa County Phoenix 85040 South Mountain

4048 E Superior Ave Unit B, Phoenix, AZ

This home is located at 4048 E Superior Ave Unit B, Phoenix, AZ 85040 since 21 November 2012 and is currently estimated at $4,658,540, approximately $95 per square foot. This property was built in 1985. 4048 E Superior Ave Unit B 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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