NOT LISTED FOR SALE

Estimated Value: $1,383,042

Studio
-- Bath
9,500 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $1,050,000 $111 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,048/month

7 Days on Market

Highlights

  • Gated Community
  • Cooling Available
  • No Heating
  • 0.38 Acre Lot
  • Concrete Flooring

About This Home

As of December 2020

This industrial warehouse is in an excellent location just south of Sky Harbor Airport and SR143. The property is secure with high block fence and gate and security cameras. Dual 24x14 power garage doors and freespan building. Paint booth does not convey with property but can be negotiated separately.

Last Agent to Sell the Property

Steven Nielsen II

America One Luxury Real Estate License #BR650019000 Listed on: 10/05/2020

Co-Listed By

Maximilian Schopen De Melo

Local Luxury Christie's International Real Estate License #SA683590000

Last Buyer's Agent

Aaron Carson

Carson Commercial License #BR105643000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,493

Year Built

  • Built in 2008

Lot Details

  • 0.38 Acre Lot
  • Block Wall Fence
  • Property is zoned I-2

Parking

  • Fenced Parking

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • 9,500 Sq Ft Home
  • Concrete Flooring

Utilities

  • Cooling Available
  • No Heating
  • Septic Tank

Community Details

  • Okemah Haven Replat Subdivision
  • Gated Community

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 124-46-011-A

Property Details

Property Type

Other

Est. Annual Taxes

$10,493

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Cross Street: University Drive and 44th St.
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: I-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2008
  • Tax Year: 2020
  • Lot Size Acres: 0.38
  • Co List Office Mls Id: aone01
  • Co List Office Phone: 480-905-8115
  • Subdivision Name: OKEMAH HAVEN REPLAT
  • Structure Type: Industrial
  • Tax Parcel Letter: A
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 9500.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Metal Siding
  • Roof: Metal
  • Construction:Metal: Yes

Garage/Parking

  • Parking Features: Fenced
  • Attached Garage: No
  • Parking Features Fenced: Yes

Utilities

  • Electric: SRP
  • Cooling: None
  • Heating: None
  • Green Building Features: Security Gate
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Sewer Septic Tank: Yes
  • Heating:None29: Yes

Lot Info

  • Lot Size Sq Ft: 16409.0
  • Parcel #: 124-46-011-A

Tax Info

  • Tax Annual Amount: 10493.0
  • Tax Book Number: 124.00
  • Tax Lot: 15
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2025
Sold by
Ideal Property Investments Llc
Bought by
Magnolia Property Holdings Llc
Current Estimated Value
$1,383,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,000
Outstanding Balance
$736,727
Interest Rate
6.69%
Estimated Equity
$646,315

Purchase Details

Listed on
Oct 5, 2020
Closed on
Dec 16, 2020
Sold by
Desert Auto Properties Llc
Bought by
Ideal Property Investments Llc
Seller's Agent
Steven Nielsen II
America One Luxury Real Estate
Buyer's Agent
Aaron Carson
Carson Commercial
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$787,500
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2012
Sold by
Harcon Concrete Inc
Bought by
Desert Auto Properties Llc

Purchase Details

Closed on
Oct 5, 2006
Sold by
Harcon Concrete Inc
Bought by
Harcon Concrete Inc

Purchase Details

Closed on
Dec 28, 1998
Sold by
Riveras Abraham
Bought by
Harcon Concrete Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 1994
Sold by
Garner Jack C and Garner Pauline M
Bought by
Riveras Abraham

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
8.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 22, 1994
Sold by
Klein Harvey M
Bought by
Garner Jack and Garner Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.84%
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
Magnolia Property Holdings Llc $1,800,000 Wfg National Title Insurance C
Ideal Property Investments Llc $1,050,000 Premier Title Agency
Desert Auto Properties Llc $280,000 None Available
Harcon Concrete Inc -- None Available
Harcon Concrete Inc $85,000 Security Title Agency
Riveras Abraham $95,000 First Southwestern Title
Garner Jack $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnolia Property Holdings Llc $742,000
Closed Magnolia Property Holdings Llc $900,000
Previous Owner Ideal Property Investments Llc $787,500
Previous Owner Harcon Concrete Inc $64,000
Previous Owner Riveras Abraham $85,000
Previous Owner Garner Jack $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $1,050,000 -4.5% $111 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $1,100,000 -- $116 / 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 $10,659 $91,838 -- --
2024 $10,527 $90,198 -- --
2023 $10,527 $183,668 $31,263 $152,405
2022 $10,433 $142,415 $34,055 $108,360
2021 $10,834 $140,382 $35,028 $105,354
2020 $10,493 $135,234 $29,340 $105,894
2019 $10,295 $115,038 $28,098 $86,940
2018 $10,036 $114,048 $21,762 $92,286
2017 $9,706 $96,102 $20,142 $75,960
2016 $9,628 $86,616 $18,648 $67,968
2015 $9,287 $69,746 $18,075 $51,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6142112

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-46-011A