NOT LISTED FOR SALE

Estimated Value: $616,629

Studio
-- Bath
28,828 Sq Ft
$21/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $330,000 $11 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,614/month

258 Days on Market

Highlights

  • Elevator
  • Central Air
  • Heating System Uses Natural Gas
  • Whispering Wind Academy Rated A-
  • Concrete Flooring

About This Home

As of March 2017

North Phoenix First class 2069 sq foot office that is move-in ready. Great location for medical or business office Some extra items available for sale. Great Visibility, with Excellent access. Bell Road frontage as well as Building Signage. Very nice lobby entrance, covered parking. HOA 360 Monthly One block to Paradise Valley Hospital and minutes to Mayo Hospital as well close to Major Retailers.

Last Agent to Sell the Property

Deb Fisher

Realty Executives Arizona Territory License #SA570683000 Listed on: 04/21/2016

Realty Executives Arizona Territory

Co-Listed By

Jim McCabe

Fathom Realty Elite License #SA016183000

Fathom Realty Elite

Last Buyer's Agent

James McCabe

AZ Brokerage Holdings, LLC License #SA016183000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 2006

Lot Details

  • 1,813 Sq Ft Lot
  • Property is zoned CO

Home Design

  • 28,828 Sq Ft Home
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete

Parking

  • 6 Parking Spaces
  • Public Parking
  • 3 Covered Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Forty Fifth Place Condominium Subdivision
  • Elevator
  • Operating Expense $8,744

Listing and Financial Details

  • Tax Lot 276
  • Assessor Parcel Number 215-18-549-C

Property Details

Property Type

Other

Est. Annual Taxes

$4,400

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: TATUM & BELL RD
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: CO
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2006
  • Tax Year: 2016
  • Lot Size Acres: 0.04
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reax03
  • Co List Office Phone: 602-996-9910
  • Subdivision Name: FORTY FIFTH PLACE CONDOMINIUM
  • Structure Type: Office
  • Tax Parcel Letter: C
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 28828.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Parking Lot
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Natural Gas
  • Green Building Features: Public Elevator(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Public Elevator(s): Yes

Lot Info

  • Lot Size Sq Ft: 1813.0
  • Parcel #: 215-18-549-C

Multi Family

  • Annual Operating Expense: 8744.0

Tax Info

  • Tax Annual Amount: 4400.0
  • Tax Book Number: 215.00
  • Tax Lot: 276
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
Mar 3, 2017
Sold by
Mgkp Investments Llc
Bought by
Sorderman Enterprises Llc
Seller's Agent
Deb Fisher
Realty Executives Arizona Territory
Buyer's Agent
Jim McCabe
Fathom Realty Elite
List Price
$399,000
Sold Price
$330,000
Premium/Discount to List
-$69,000
-17.29%
Current Estimated Value
$616,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,629
Avg. Annual Appreciation
7.32%
Original Mortgage
$264,000
Outstanding Balance
$219,045
Interest Rate
4.19%
Mortgage Type
Commercial
Estimated Equity
$396,160

Purchase Details

Closed on
Nov 28, 2007
Sold by
Paradise Valley Medical Partners Llc
Bought by
Mgkp Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,516
Interest Rate
6.3%
Mortgage Type
Construction
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
Sorderman Enterprises Llc $330,000 Clear Title Agency Of Az Llc
Mgkp Investments Llc $419,034 Title Management Agency Of A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorderman Enterprises Llc $264,000
Previous Owner Mgkp Investments Llc $576,516
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2017 03/15/17 Sold $330,000 -17.3% $11 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
04/20/2016 04/20/16 For Sale $399,000 -- $14 / 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 $4,712 $46,111 -- --
2024 $4,775 $45,288 -- --
2023 $4,775 $68,085 $13,617 $54,468
2022 $4,866 $56,981 $11,393 $45,588
2021 $5,019 $57,564 $11,502 $46,062
2020 $4,864 $55,728 $11,142 $44,586
2019 $4,871 $54,396 $10,872 $43,524
2018 $4,711 $47,250 $9,450 $37,800
2017 $4,516 $44,604 $8,910 $35,694
2016 $4,440 $40,590 $8,118 $32,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5431363

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-18-549C