NOT LISTED FOR SALE

Estimated Value: $1,651,059

-- Bed
-- Bath
8,868 Sq Ft
$186/Sq Ft Est. Value

Last Sold May 01, 2016

Last sale price $2,834 $0 Per Sq Ft

Est. 58,159% increase in value since last sale

Current estimated payment $9,949/month

259 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of May 2016

Offered for lease is ±2,363 Square Foot office suite (Combination of suites B and C). Suite includes 3 offices, 2 large work areas/bullpens, and breakroom/storage. More suites sizes available, see MLS# 5317139 and #5317611.Located less than 1 miles from State Route 51, Camelback Road, and Biltmore Fashion Park. Nearby Amenities Include: Whole Foods, Trader Joe' s, Fry' s Marketplace, LA Fitness, and a variety of restaurants including Season' s 52, The Parlor, Pizzeria Bianco, True Food, Cheesecake Factory and Blanco Taco & Tequila Bar.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 08/07/2015

Co-Listed By

Justin Cirell

R.O.I. Properties License #SA644392000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Lot Details

  • Property is zoned C-O

Home Design

  • Block Exterior

Interior Spaces

  • 8,868 Sq Ft Home
  • Carpet

Parking

  • 19 Open Parking Spaces
  • 23 Parking Spaces
  • 4 Covered Spaces
  • Private Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Property Available on 8/1/15
  • The owner pays for taxes, janitorial service, trash collection, sewer, water, electricity
  • Assessor Parcel Number 163-29-124

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Cross Street: N 20th Street & E Indian School Rd
  • Property Type: Comm/Industry Lease
  • Zoning: C-O
  • Lease Info Annual Lease Price: 34286.0
  • Lease Info Annual Lse Prc P S F: 14.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-10
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2449
  • Tax Year: 2014
  • Directions: On N 20th Street, just north of E Indian School Road
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 8868.0

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Other
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Private
  • Attached Garage: No
  • Open Parking Spaces: 19.0
  • Total Parking Spaces: 23.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 19.0
  • General Property Description:Total Parking Spcs: 23.0
  • Parking Features Private11: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Office A/C
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks

Lot Info

  • Additional Parcels: No
  • Parcel #: 163-29-124

Rental Info

  • Available Date: 2015-08-01

Multi Family

  • Owner Pays: Other, Taxes, Janitorial Service, Trash Collection, Sewer, Water, Electricity
  • Existing Lease Type: Full Service
  • Leasable Area: 2449.0

Tax Info

  • Tax Annual Amount: 17311.0
  • Tax Book Number: 163.00
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2016
Sold by
Creative Designs In Lighting Inc
Bought by
N4120 Llc
Current Estimated Value
$1,651,059

Purchase Details

Closed on
Dec 12, 2008
Sold by
Miranda Corlisa and Sk & Associates Llc
Bought by
Taylor Bean & Whitaker Mortgage Corp

Purchase Details

Closed on
Aug 30, 2007
Sold by
Marvic Investments Llc
Bought by
Creative Designs In Lighting Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,500
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2004
Sold by
Ostroff Nicholas A and Cotta Frank
Bought by
Marvic 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
$500,000
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 1998
Sold by
Dorey Banovac & Pananides Llc
Bought by
Ostroff Nicholas A and Cotta Frank

Purchase Details

Closed on
Aug 27, 1996
Sold by
Arpaio Joseph M
Bought by
Dorey Banovac & Pananides 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
N4120 Llc -- None Available
Taylor Bean & Whitaker Mortgage Corp $111,657 Fidelity Natl Title Ins Co
Creative Designs In Lighting Inc $930,000 Chicago Title Insurance Co
Marvic Investments Llc $625,000 Capital Title Agency Inc
Ostroff Nicholas A $405,000 Security Title Agency
Dorey Banovac & Pananides Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Creative Designs In Lighting Inc $790,500
Previous Owner Marvic Investments Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2016 05/01/16 Sold $2,834 -7.1% $0 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
08/05/2015 08/05/15 For Sale $3,052 -- $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 $14,338 $111,944 -- --
2024 $14,377 $109,945 -- --
2023 $14,377 $163,642 $130,084 $33,558
2022 $14,359 $166,863 $115,955 $50,908
2021 $14,897 $165,060 $119,268 $45,792
2020 $14,665 $153,936 $104,850 $49,086
2019 $14,341 $124,650 $99,846 $24,804
2018 $13,990 $113,328 $88,092 $25,236
2017 $13,331 $94,896 $79,704 $15,192
2016 $12,871 $81,180 $68,562 $12,618
2015 $17,813 $115,203 $49,497 $65,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5317608

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-29-124