NOT LISTED FOR SALE

Estimated Value: $423,861

-- Bed
-- Bath
3,919 Sq Ft
$108/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $385,000 $98 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,601/month

189 Days on Market

Highlights

  • Gated Community
  • Community Kitchen
  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Computer Room
  • Central Air

About This Home

As of November 2021

A commercial business property opportunity with 2 bed/1ba residence. A1 zoning with any facility use. Main business building includes multiple office suites and storage area. Residence has a full kitchen, living room and full bath. Recently remodeled. Newer electrical, maintained roof, slim LED lighting throughout, custom iron security on windows and doors. 3 LARGE Buildings in rear with electricity and water. Property also for lease.

Last Agent to Sell the Property

Mark McGrew

Hit Realty Advisors,LLC License #BR636747000 Listed on: 04/08/2021

Last Buyer's Agent

John Paul Hernandez Mendoza

DeLex Realty License #SA673937000

DeLex Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,879

Year Built

  • Built in 1960

Lot Details

  • 10,176 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned A1

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 3,919 Sq Ft Home
  • Computer Room
  • Ceramic Tile Flooring

Parking

  • 21 Open Parking Spaces
  • 21 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 107-28-025-C

Community Details

Overview

  • 4 Buildings
  • Rae Industrial Dist 3 Lots 46 75 Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Showroom

Additional Features

  • Operating Expense $3,879
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$3,879

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 43rd Avenue and Indian School Rd
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: A1
  • Number Of Buildings: 4
  • Year Built: 1960
  • Tax Year: 2019
  • Directions: 43rd Avenue and Indian School Rd Directions: South on 43rd Avenue and Indian School then east on Whitton Ave to property. (White building with wood trim on 42nd Ave corner
  • Lot Size Acres: 0.23
  • Subdivision Name: RAE INDUSTRIAL DIST 3 LOTS 46-75
  • Structure Type: Other (See Remarks), Commercial, Industrial, Office, Manufacturing
  • Tax Parcel Letter: C
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile

Exterior Features

  • Fencing: Block
  • Construction Type: Block, Brick
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 21.0
  • Total Parking Spaces: 21.0
  • General Property Description:Uncvrd Parking Spcs: 21.0
  • General Property Description:Total Parking Spcs: 21.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric, Natural Gas
  • Green Building Features: Conference Room, Clean Room, Showroom, Kitchen, Computer Room, Showers - Office, Security Gate
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Computer Room: Yes
  • Amenities:Showroom: Yes
  • Amenities:Security Gate: Yes
  • Amenities:Clean Room: Yes

Lot Info

  • Lot Size Sq Ft: 10176.0
  • Parcel #: 107-28-025-C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3879.0

Tax Info

  • Tax Annual Amount: 3879.0
  • Tax Book Number: 107.00
  • Tax Lot: 70
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Nov 9, 2021
Sold by
Ruby Jensen Properties Llc
Bought by
Arcangel M Llc
Seller's Agent
Mark McGrew
Hit Realty Advisors,LLC
Buyer's Agent
John Paul Hernandez Mendoza
DeLex Realty
List Price
$450,000
Sold Price
$385,000
Premium/Discount to List
-$65,000
-14.44%
Current Estimated Value
$423,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,861
Avg. Annual Appreciation
2.52%
Original Mortgage
$327,250
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2021
Sold by
Lh Properties Llc
Bought by
Ruby Jensen Properties Llc

Purchase Details

Listed on
Jan 9, 2018
Closed on
Mar 22, 2018
Sold by
Lucky Sands Holdings Llc
Bought by
Lh Properties Llc
Seller's Agent
Craig Guincho
Home Buddy, LLC
Buyer's Agent
Louis Hernandez
My Home Group Real Estate
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%

Purchase Details

Closed on
Sep 12, 2017
Sold by
K9 Training Academy Arizona Llc
Bought by
Lucky Sands Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 29, 2016
Closed on
Apr 26, 2017
Sold by
Gibbons William J and Gibbons Tamra K
Bought by
K9 Training Academy Arizona Llc
Seller's Agent
Faith Vance
3rd Base Realty Group LLC
Buyer's Agent
Craig Guincho
Home Buddy, LLC
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Nov 7, 2000
Sold by
Marwest Enterprises Llc
Bought by
Gibbons William J and Gibbons Tamra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.9%
Mortgage Type
Seller Take Back
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
Arcangel M Llc $385,000 Wfg National Title Ins Co
Ruby Jensen Properties Llc $280,000 American Title Svc Agcy Llc
Lh Properties Llc $175,000 Driggs Title Agency Inc
Lucky Sands Holdings Llc $152,768 Driggs Title Agency Inc
K9 Training Academy Arizona Llc $210,000 Driggs Title Agency Inc
Gibbons William J $175,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcangel M Llc $327,250
Previous Owner Lucky Sands Holdings Llc $132,768
Previous Owner Gibbons William J $135,000
Closed K9 Training Academy Arizona Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $385,000 -8.3% $98 / Sq Ft
08/27/2021 08/27/21 Price Changed $419,900 -6.7% $107 / Sq Ft
07/26/2021 07/26/21 For Sale $450,000 0.0% $115 / Sq Ft
07/26/2021 07/26/21 Price Changed $450,000 0.0% $115 / Sq Ft
04/08/2021 04/08/21 For Sale $450,000 +157.1% $115 / Sq Ft
03/26/2018 03/26/18 Sold $175,000 0.0% $45 / Sq Ft
01/09/2018 01/09/18 For Sale $175,000 -16.7% $45 / Sq Ft
04/28/2017 04/28/17 Sold $210,000 -6.7% $54 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
09/28/2016 09/28/16 For Sale $225,000 -- $57 / 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 $4,353 $26,579 -- --
2024 $4,247 $25,313 -- --
2023 $4,247 $60,945 $10,020 $50,925
2022 $4,050 $53,415 $7,275 $46,140
2021 $4,037 $52,620 $7,275 $45,345
2020 $0 $62,928 $8,082 $54,846
2019 $3,879 $25,240 $5,444 $19,796
2018 $3,947 $24,835 $4,867 $19,968
2017 $3,794 $24,913 $5,070 $19,843
2016 $3,676 $22,745 $4,727 $18,018
2015 $3,451 $18,789 $4,881 $13,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6218664

Arizona Regional Multiple Listing Service (ARMLS)

APN: 107-28-025C