NOT LISTED FOR SALE

4141 W Bethany Home Rd Phoenix, AZ 85019

Alhambra Neighborhood

Estimated Value: $593,189

-- Bed
-- Bath
3,588 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $325,000 $91 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,779/month

44 Days on Market

Highlights

  • Gated Community
  • 0.37 Acre Lot
  • Central Air
  • Phoenix Coding Academy Rated A
  • Community Kitchen
  • Concrete Flooring

About This Home

As of May 2018

1) Seasoned Tenant in place on a modified Triple Net lease. $27,000 in annual income guaranteed through remainder of lease until December 2019. Tenant has never missed a payment since lease inception in 2011. Landlord pays only taxes and insurance annually.

2) Building is currently in great condition and the current office floor plan would make a great ''Executive Offices'' setup to make income go through the roof with very little modification!

3) Property is near the very busy retail corner of Bethany Home & 43rd Ave that includes a Fry's Supermarket and other thriving businesses on all four corners.

4) The two air conditioning units were replaced in April 2011. Keiyko Flat roof done 2010.This is a stand alone garden style building on over 1/3 of an acre. All systems functioning

Last Agent to Sell the Property

Robert Wilder

Wilder West Real Estate Services License #BR013537000 Listed on: 09/24/2017

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,931

Year Built

  • Built in 1980

Lot Details

  • 0.37 Acre Lot
  • Property is zoned C-T

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 3,588 Sq Ft Home
  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 16 Parking Spaces
  • 10 Covered Spaces

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Assessor Parcel Number 145-08-003-W

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Building Details

  • Operating Expense $8,231
  • Gross Income $27,000
  • Net Operating Income $27,000

Security

  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$5,931

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: 43rd Avenue
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: C-T
  • Current Use: Mixed Use, Retail, Service Business, Office
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2016
  • Directions: Exit Highway 17 on Bethany Home Road west to the property at 4141 West Bethany Home Road. It is located on the south side of the street just slightly east of 43rd Avenue
  • Lot Size Acres: 0.37
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: W
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Office A/C, Central A/C
  • Heating: Electric
  • Green Building Features: Physcl Chlgd (SRmks), Conference Room, Reception Room, Kitchen, Security Gate
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Security Gate: Yes
  • Amenities:Physcl Chlgd (SRmks): Yes

Lot Info

  • Lot Size Sq Ft: 16204.0
  • Additional Parcels: No
  • Parcel #: 145-08-003-W
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 27000.0
  • Insurance Expense: 1600.0
  • Property Net Operating Income: 27000.0
  • Annual Operating Expense: 8231.0
  • Leasable Area: 3588.0

Tax Info

  • Tax Annual Amount: 5931.0
  • Tax Book Number: 145.00
  • Tax Lot: 0
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2017
Closed on
May 3, 2018
Sold by
R2ng2 Holding Company L L C
Bought by
Gemad Llc
Seller's Agent
Robert Wilder
Wilder West Real Estate Services
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%
Current Estimated Value
$593,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,189
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Mar 17, 2004
Sold by
Lehman Raymond W and Lehman June M
Bought by
R2ng2 Holding Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 2004
Sold by
Arrowsmith Robert
Bought by
Lehman Raymond W and Lehman June M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 8, 2004
Sold by
4141 Bethany Llc
Bought by
East Thomas Llc

Purchase Details

Closed on
Oct 22, 2003
Sold by
Arrowsmith Robert T
Bought by
4141 Bethny Llc

Purchase Details

Closed on
Sep 11, 2000
Sold by
Arrowsmith Susan J
Bought by
Arrowsmith Robert
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
Gemad Llc $325,000 Great American Title Agency
R2ng2 Holding Co Llc $295,000 Ticor Title Agency Of Az Inc
Lehman Raymond W $300,768 --
East Thomas Llc -- --
4141 Bethny Llc -- --
Arrowsmith Robert -- Security Title Agency
Arrowsmith Robert $205,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner R2ng2 Holding Co Llc $400,000
Previous Owner R2ng2 Holding Co Llc $200,000
Previous Owner R2ng2 Holding Co Llc $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $325,000 -13.3% $91 / Sq Ft
11/23/2017 11/23/17 For Sale $375,000 0.0% $105 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
09/09/2017 09/09/17 For Sale $375,000 -- $105 / 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 $6,567 $44,332 -- --
2024 $6,799 $43,541 -- --
2023 $6,799 $76,007 $28,067 $47,940
2022 $6,891 $56,543 $21,928 $34,615
2021 $7,154 $62,190 $22,554 $39,636
2020 $6,878 $55,368 $24,750 $30,618
2019 $6,793 $50,814 $23,904 $26,910
2018 $6,271 $49,050 $18,900 $30,150
2017 $6,192 $44,496 $18,360 $26,136
2016 $5,931 $46,926 $16,902 $30,024
2015 $5,770 $32,708 $13,061 $19,647
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robert Wilder

    Wilder West Real Estate Services

    (480) 831-1188

    1 Total Sale

    Robert Wilder
    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5664476

Arizona Regional Multiple Listing Service (ARMLS)

APN: 145-08-003W

Arizona Maricopa County Phoenix 85019 Alhambra

4141 W Bethany Home Rd, Phoenix, AZ

This home is located at 4141 W Bethany Home Rd, Phoenix, AZ 85019 since 24 September 2017 and is currently estimated at $593,189, approximately $165 per square foot. This property was built in 1980. 4141 W Bethany Home Rd is a home located in Maricopa County with nearby schools including Sevilla Elementary School East, Sevilla Elementary School West, and Alhambra High School.

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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