NOT LISTED FOR SALE
-- Bed
-- Bath
7,129 Sq Ft
0.39 Acres

Last Sold August 23, 2022

Last sale price $1,000,000 $140 Per Sq Ft

76 Days on Market

About This Home

As of August 2022

This investment opportunity is for a 100% occupied multi-tenant strip center located just north of the 19th Avenue and Indian
School Road intersection. The approximate 7,500 square foot investment's tenant mix includes Foxycorn Nutrition, Luxe Appeal
Studios, Executive Auto Group, Badd Gurlz Klub, Rosie's Aesthetics, TrishMiinkBar & Braiding Lounge. The adjacent shops to the
North (not included) is occupied by similar tenants including a Custom T-shirt/Printing business and a church. The investment
property has visibility along busy 19th Avenue with over 19K cars per day. Population density is excellent at this location and
includes a loyal customer base. The property sits on 10,019 square feet of land on the East side of Glendale Avenue.

Last Agent to Sell the Property

Patrick Benjamin

City to City Commercial License #SA677777000 Listed on: 06/13/2022

Co-Listed By

Shane Benjamin

City To City Commercial License #SA642432000

Last Buyer's Agent

Patrick Benjamin

City to City Commercial License #SA677777000 Listed on: 06/13/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,258

Year Built

  • Built in 1946

Lot Details

  • 0.39 Acre Lot
  • Property is zoned C-2

Home Design

  • 7,129 Sq Ft Home
  • Wood Frame Construction
  • Block Exterior
  • Stucco

Parking

  • 19 Open Parking Spaces
  • 19 Parking Spaces
  • Free Parking
  • Paved Parking

Listing and Financial Details

  • Assessor Parcel Number 155-49-087

Property Details

Property Type

Other

Est. Annual Taxes

$7,258

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 19th Avenue & Indian School Road
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2021
  • Directions: Third Building north of the 19th Avenue and Indian School Road intersections, on the East side of 19th Ave.
  • Lot Size Acres: 0.39
  • Co List Office Mls Id: benj01
  • Co List Office Phone: 480-355-2222
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 7129.0

Exterior Features

  • Fencing: See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: Frame - Wood, Stucco, Block
  • Roof: See Remarks
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 19.0
  • Total Parking Spaces: 19.0
  • General Property Description:Uncvrd Parking Spcs: 19.0
  • General Property Description:Total Parking Spcs: 19.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: See Remarks
  • Heating: See Remarks
  • Water Source: City Franchise

Lot Info

  • Lot Size Sq Ft: 17019.0
  • Parcel #: 155-49-087
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7258.0
  • Tax Book Number: 155.00
  • Tax Lot: 0
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Aug 15, 2022
Sold by
One Step Above Llc
Bought by
Maximo Plaza Inc
Seller's Agent
Patrick Benjamin
City to City Commercial
Buyer's Agent
Patrick Benjamin
City to City Commercial
List Price
$1,375,000
Sold Price
$1,000,000
Premium/Discount to List
-$375,000
-27.27%

Purchase Details

Closed on
Mar 3, 2020
Sold by
Edmi Llc
Bought by
One Step Above Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2020
Sold by
Edmi Investments Llc
Bought by
Mim Resources Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 17, 2015
Sold by
Dobos Camelia
Bought by
Dobos Emanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 2014
Sold by
Binkley Properties Llc
Bought by
Edmi Investments Llc

Purchase Details

Closed on
Apr 29, 2014
Sold by
Serbousek Delbert F and Interbay Funding Llc
Bought by
Binkley Properties Llc

Purchase Details

Closed on
Jul 23, 2007
Sold by
Mettavest Properties Llc
Bought by
Serbousek Delbert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.51%
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
Maximo Plaza Inc $1,000,000 First American Title
One Step Above Llc $300,000 Equity Title Agency Inc
Mim Resources Llc -- Equity Title Agency Inc
Dobos Emanuel -- Empire West Title Agency
Edmi Investments Llc -- None Available
Binkley Properties Llc $42,001 None Available
Serbousek Delbert F $375,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner One Step Above Llc $85,000
Previous Owner Mim Resources Llc $250,000
Previous Owner Edmi Investmetns Llc $215,000
Previous Owner Edmi Investments Llc $200,000
Previous Owner Dobos Emanuel $140,000
Previous Owner Serbousek Delbert F $375,000
Previous Owner Mettavest Properties Llc $1,000,000
Previous Owner Mettavest Properties Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $1,000,000 -27.3% $140 / Sq Ft
06/01/2022 06/01/22 For Sale $1,375,000 -- $193 / 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 $4,834 $81,893 -- --
2024 $4,811 $36,687 -- --
2023 $4,811 $54,842 $20,009 $34,833
2022 $4,925 $57,313 $25,253 $32,060
2021 $5,152 $58,014 $25,974 $32,040
2020 $5,022 $48,726 $17,010 $31,716
2019 $4,804 $48,024 $17,244 $30,780
2018 $4,645 $45,684 $16,524 $29,160
2017 $4,264 $35,982 $16,038 $19,944
2016 $4,114 $36,468 $18,720 $17,748
2015 $3,930 $28,324 $14,893 $13,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6416439

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-49-087