NOT LISTED FOR SALE

40675 W Honeycutt Rd Unit D Maricopa, AZ 85138

Estimated Value: $13,261,178

2.69 Acres
$4,929,806 Price per Acre
117,176 Sq Ft Lot

Last Sold June 29, 2017

Last sale price $270,000

Est. 4,812% increase in value since last sale

Current estimated payment $79,557/month

54 Days on Market

About This Lot

As of June 2017

Large property waiting to be developed with frontage on Honeycutt rd. Mix of commercial and new residential surrounding. New residential development on North side of Honeycutt. City has recently widened and repaved Honeycutt rd. Parcel: 510-71-006-C 3.85 Acres also available.Buyer responsible for due diligence in verifying all material facts. GREAT OPPORTUNITY HERE NEXT BUILDING NEAR TOO IT JUST RECENTLY SOLD FOR OVER 5 MILLION

Last Agent to Sell the Property

Marcel Fernandez

HomeSmart License #SA512245000 Listed on: 01/15/2017

HomeSmart

Last Buyer's Agent

Jasmine Hyatt

HomeSmart License #BR110652000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,867

Lot Details

  • 2.69 Acre Lot
  • Additional Parcels
  • Property is zoned cb-2

Community Details

  • No Home Owners Association
  • S25 T4s R3e Subdivision

Listing and Financial Details

  • Tax Lot D
  • Assessor Parcel Number 510-71-006-D

Property Details

Property Type

Land

Est. Annual Taxes

$2,867

Lot Details

0

Listing Details

  • Cross Street: Honeycutt Rd and Porter Rd
  • Legal Info Range: 03E
  • Property Type: Land
  • Zoning: cb-2
  • Tax Year: 2014
  • Directions: HWY347 East on Honeycutt Road, pass Porter rd. Property is just past Gun Smoke rd on south side of Honeycutt next to storage units.
  • Lot Size Acres: 2.69
  • Subdivision Name: S25 T4S R3E
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: Other (See Rmks)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 599x195
  • Lot Size Sq Ft: 117176.0
  • Additional Parcels: Yes
  • Parcel #: 510-71-006-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2867.0
  • Tax Book Number: 510.00
  • Tax Lot: D
  • Tax Map Number: 71.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2024
Sold by
Mr Investments 3 Lllp
Bought by
Omni Honeycutt Self Storage Llc
Total Days on Market
54
Current Estimated Value
$13,261,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,601,500
Outstanding Balance
$7,563,931
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$5,761,820

Purchase Details

Listed on
Jan 15, 2017
Closed on
Jun 27, 2017
Sold by
Tapia Claudio Nava
Bought by
Jw Congregation Support Inc
Seller's Agent
Marcel Fernandez
HomeSmart
Buyer's Agent
Jasmine Hyatt
HomeSmart
List Price
$279,888
Sold Price
$270,000
Premium/Discount to List
-$9,888
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.90%

Purchase Details

Closed on
May 5, 2016
Sold by
Honeycutt Road Self Storage Llc
Bought by
Mr Investments #3 Lllp

Purchase Details

Closed on
Apr 27, 2015
Sold by
Arizona Storage Company Llc
Bought by
Honeycutt Road Self Storage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2008
Sold by
Fetters Terri L
Bought by
Fetters Terri L

Purchase Details

Closed on
Apr 20, 2007
Sold by
Fetters Terri L
Bought by
The Arizona Storage Co Llc
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
Omni Honeycutt Self Storage Llc $13,500,000 Fidelity National Title Agency
Jw Congregation Support Inc $270,000 Old Republic Title Agency
Mr Investments #3 Lllp $5,250,000 Fidelity National Title Agen
Honeycutt Road Self Storage Llc $2,345,000 Fidelity Natl Title Agency
Fetters Terri L -- None Available
The Arizona Storage Co Llc $687,500 First American Title Ins Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omni Honeycutt Self Storage Llc $7,601,500
Previous Owner Honeycutt Road Self Storage Llc $1,650,000
Previous Owner The Arizona Storage Co Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $270,000 -3.5% --
03/09/2017 03/09/17 Pending -- -- --
01/14/2017 01/14/17 For Sale $279,888 -- --
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 $68,197 -- -- --
2024 $78,513 -- -- --
2023 $70,977 $597,704 $65,863 $531,841
2022 $78,513 $445,764 $30,873 $414,891
2021 $96,170 $559,437 $0 $0
2020 $91,856 $555,328 $0 $0
2019 $85,540 $580,980 $0 $0
2018 $83,337 $505,469 $0 $0
2017 $80,954 $474,489 $0 $0
2016 $74,653 $14,658 $14,658 $14,658
2014 -- $148,366 $5,250 $143,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5547085

Arizona Regional Multiple Listing Service (ARMLS)

APN: 510-71-006A