NOT LISTED FOR SALE

4550 E Bell Rd Unit 280 Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $1,149,848

-- Bed
-- Bath
4,673 Sq Ft
$246/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $934,600 $200 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,839/month

120 Days on Market

About This Home

As of November 2018

Move in ready medical condo for sale in North Phoenix. +/-4,673 SF For Sale @ $215/sf. Minutes from Paradise Valley Hospital & Mayo Clinic. Tenant improvements completed in 2015- very high end build out and in excellent condition. Must see!

Last Agent to Sell the Property

Eric Ferber

Cutler Commercial License #SA653578000 Listed on: 06/26/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,211

Year Built

  • Built in 2007

Lot Details

  • 4,673 Sq Ft Lot
  • Property is zoned C-O

Home Design

  • 4,673 Sq Ft Home
  • Block Exterior

Parking

  • 100 Open Parking Spaces
  • 103 Parking Spaces
  • 3 Covered Spaces

Community Details

  • Forty Fifth Place Office/Medical Condos Subdivision
  • Operating Expense $10,211

Listing and Financial Details

  • Assessor Parcel Number 215-18-549-A

Property Details

Property Type

Other

Est. Annual Taxes

$10,211

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Cross Street: 45th St North side of Bell Road
  • Property Type: Comm/Industry Sale
  • Zoning: C-O
  • Current Use: Medical/Dental, Office
  • Number Of Buildings: 1
  • Year Built: 2007
  • Tax Year: 2017
  • Lot Size Acres: 0.11
  • Subdivision Name: Forty Fifth Place Office/Medical Condos
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Other, See Remarks
  • Construction Type: Block
  • Roof: See Remarks, Other
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Open Parking Spaces: 100.0
  • Total Parking Spaces: 103.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 100.0
  • General Property Description:Total Parking Spcs: 103.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Lot Size Sq Ft: 4673.0
  • Additional Parcels: No
  • Parcel #: 215-18-549-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 10210.71

Tax Info

  • Tax Annual Amount: 10210.71
  • Tax Book Number: 215.00
  • Tax Lot: 0
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Paptwo Llc
Bought by
Meka Arizona Investments Llc
Current Estimated Value
$1,149,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$913,500
Outstanding Balance
$829,976
Interest Rate
2.7%
Mortgage Type
Small Business Administration
Estimated Equity
$328,054

Purchase Details

Listed on
Jun 26, 2018
Closed on
Nov 28, 2018
Sold by
Forty Fifth Place Llc
Bought by
Paptwo Llc
Seller's Agent
Eric Ferber
Cutler Commercial
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,004,695
Sold Price
$934,600
Premium/Discount to List
-$70,095
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$934,600
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2014
Sold by
Jabt Llc
Bought by
Forty Fifth Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2009
Sold by
Jabt Llc
Bought by
Appb Management Llc

Purchase Details

Closed on
Jun 25, 2009
Sold by
Paradise Valley Medicalpartners Llc
Bought by
Jabt Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Meka Arizona Investments Llc $1,074,790 Chicago Title Agency
Paptwo Llc $934,600 Clear Title Agency Of Arizon
Forty Fifth Place Llc $395,000 Metropolitan Title Agency
Appb Management Llc -- None Available
Jabt Llc $186,760 Greystone Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meka Arizona Investments Llc $913,500
Previous Owner Paptwo Llc $934,600
Previous Owner Forty Fifth Place Llc $296,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2018 11/29/18 Sold $934,600 -4.8% $200 / Sq Ft
09/06/2018 09/06/18 Price Changed $981,330 -2.3% $210 / Sq Ft
06/26/2018 06/26/18 For Sale $1,004,695 -- $215 / 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 $9,990 $97,749 -- --
2024 $10,122 $96,004 -- --
2023 $10,122 $153,986 $30,787 $123,199
2022 $10,315 $126,928 $25,375 $101,553
2021 $10,641 $128,358 $25,668 $102,690
2020 $10,312 $123,318 $24,660 $98,658
2019 $10,325 $119,394 $23,868 $95,526
2018 $9,986 $102,780 $20,556 $82,224
2017 $9,573 $97,128 $19,422 $77,706
2016 $9,413 $86,418 $17,280 $69,138
2015 $8,959 $78,866 $15,762 $63,104
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Eric Ferber

    Cutler Commercial

    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: 5785486

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-18-549D

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

4550 E Bell Rd Unit 280, Phoenix, AZ

Not Listed for Sale

Other

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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