NOT LISTED FOR SALE

Estimated Value: $723,556

Studio
-- Bath
3,525 Sq Ft
$205/Sq Ft Est. Value

Last Sold December 22, 2015

Last sale price $275,000 $78 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $4,211/month

221 Days on Market

Highlights

  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of December 2015

HUGE PRICE REDUCTION * REMARKABLE COMMERCIAL OPPORTUNITY FOR C-2 ZONING (AUTO REPAIR/LT TRUCK OR AUTO RELATED) * SITUATED ON APPROX .25 ACRES SECURELY FENCED * 1025 SQ FT GARAGE/STORAGE + 2100 SQ FT 5 BAY W/GARAGE DOORS 2 BAYS HAVE BELOW GROUND LEVELS PITS * EXCELLENT SETUP FOR ANY TYPE OF AUTOMOTIVE REAIR BUSINESS * PREVIOUSLY USED AS AN AUTO UPHOLSTERY BUSINESS FOR OVER 30+ YEARS * 3 TOTAL BUILDINGS * 2 SEPARATE COVERED STEEL PARKING STRUCTURES * EXCELLENT DEMOGARPHICS AND TRAFFIC COUNTS * SELLER MAY CONSIDER TERMS WITH 50% DOWN * CLOSE PROXIMITY TO 202, AIRPORT, ETC...

Last Agent to Sell the Property

Angel Olvera

Realty Marketing Group License #BR033235000 Listed on: 04/20/2015

Co-Listed By

Peggie Simmons

Realty Marketing Group License #BR023095000

Last Buyer's Agent

Angel Olvera

Realty Marketing Group License #BR033235000 Listed on: 04/20/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,718

Year Built

  • Built in 1980

Lot Details

  • 0.25 Acre Lot
  • Chain Link Fence
  • Property is zoned C-2

Home Design

  • Composition Roof
  • Metal Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 3,525 Sq Ft Home
  • Concrete Flooring

Parking

  • 5 Open Parking Spaces
  • 15 Parking Spaces
  • 10 Covered Spaces

Utilities

  • Heating Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 121-17-012-A

Community Details

Overview

  • 3 Buildings
  • Shelton Add Subdivision

Building Details

  • Operating Expense $3,718

Property Details

Property Type

Other

Est. Annual Taxes

$3,718

Year Built

Built in 1980

Lot Details

0.25 Acres

Listing Details

  • Cross Street: 32ND ST & VAN BUREN
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Bay Info Bay Door Height: 14.0
  • Current Use: Service Business, Automobile
  • Number Of Buildings: 3
  • Year Built: 1980
  • Tax Year: 2014
  • Lot Size Acres: 0.25
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: rmgp01
  • Co List Office Phone: 480-201-0654
  • Subdivision Name: SHELTON ADD
  • Structure Type: Commercial, Other (See Remarks)
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Block
  • Roof: See Remarks, Composition, Foam, Metal, Other
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 15.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Warehouse Evap, Office A/C, Other, See Remarks
  • Heating: Electric
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 10725.0
  • Additional Parcels: No
  • Parcel #: 121-17-012-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3718.0

Tax Info

  • Tax Annual Amount: 3718.0
  • Tax Book Number: 121.00
  • Tax Lot: 12
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2019
Sold by
Saenz Miguel Angel Lopez
Bought by
M M Lopez Properties Llc
Current Estimated Value
$723,556

Purchase Details

Listed on
Apr 20, 2015
Closed on
Dec 16, 2015
Sold by
Bajito Custom Upholstery Inc
Bought by
Saenz Miguel Angel Lopez
Seller's Agent
Angel Olvera
Realty Marketing Group
Buyer's Agent
Angel Olvera
Realty Marketing Group
List Price
$425,000
Sold Price
$275,000
Premium/Discount to List
-$150,000
-35.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$215,000
Interest Rate
3.83%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 20, 2015
Closed on
Dec 11, 2015
Sold by
Padilla Norma Magaly
Bought by
Saenz Miguel Angel Lopez
Seller's Agent
Angel Olvera
Realty Marketing Group
Buyer's Agent
Angel Olvera
Realty Marketing Group
List Price
$425,000
Sold Price
$275,000
Premium/Discount to List
-$150,000
-35.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.83%
Mortgage Type
Seller Take Back
Source: Public Records
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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
M M Lopez Properties Llc -- None Available
Saenz Miguel Angel Lopez $275,000 Security Title Agency Inc
Bajito Custom Upholstery Inc -- Security Title Agency Inc
Saenz Miguel Angel Lopez -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saenz Miguel Angel Lopez $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2015 12/22/15 Sold $275,000 -35.3% $78 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
04/18/2015 04/18/15 For Sale $425,000 -- $121 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $4,861 $38,093 -- --
2024 $4,814 $37,412 -- --
2023 $4,814 $40,647 $22,066 $18,581
2022 $4,778 $38,693 $21,385 $17,308
2021 $4,996 $39,654 $21,996 $17,658
2020 $4,904 $39,654 $21,834 $17,820
2019 $4,885 $34,452 $17,100 $17,352
2018 $4,602 $31,536 $14,274 $17,262
2017 $4,408 $31,626 $13,212 $18,414
2016 $4,313 $29,250 $12,240 $17,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5268368

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-17-012A

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