NOT LISTED FOR SALE

Estimated Value: $537,980

-- Bed
-- Bath
1,887 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $189,000 $100 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $3,060/month

85 Days on Market

Highlights

  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of July 2015

Great Location!!! Access to Major Fwy. FWY 143 and 202 FWY.. Near Airport. Ideal location for Medical/Dental, Insurance or Real Estate Office. Additional uses: Service Business and Retail. 5 parking spaces in front and More parking in back. Call for more info. City Zoning C-2. County Zoning C-C. R-3.Property is Located in a Superfund Site. Buyer and Buyer's Agent to verify all information.

Last Agent to Sell the Property

Larry Peters

West USA Realty License #BR512803000 Listed on: 03/03/2015

West USA Realty

Last Buyer's Agent

Larry Peters

DeLex Realty License #BR512803000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1953

Lot Details

  • 7,000 Sq Ft Lot
  • Property fronts an alley
  • Property is zoned C2

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,887 Sq Ft Home
  • Concrete Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Free Parking

Utilities

  • Heating Available

Community Details

  • Rancho Mio Subdivision
  • Operating Expense $8,107

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 126-10-045

Property Details

Property Type

Other

Est. Annual Taxes

$2,276

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: MCDOWELL RD and 44th STREET
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1953
  • Tax Year: 2013
  • Directions: 143 FWY and MCDOWELL RD
  • Lot Size Acres: 0.16
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Treated, Private Street
  • Subdivision Name: RANCHO MIO
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 1887.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Free: Yes

Utilities

  • Electric: SRP
  • Cooling: See Remarks, Other
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Fee Information

  • Trash Expense: 600.0

Lot Info

  • Lot Size Sq Ft: 7000.0
  • Parcel #: 126-10-045
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 2880.0
  • Insurance Expense: 1356.0
  • Maintenance Expense: 995.0
  • Annual Operating Expense: 8107.0

Tax Info

  • Tax Annual Amount: 2276.0
  • Tax Book Number: 126.00
  • Tax Lot: 44
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2015
Closed on
Jun 30, 2015
Sold by
Schurg Wayne H and Schurg Linda L
Bought by
Schurg Wayne and Schurg Linda
Seller's Agent
Larry Peters
West USA Realty
Buyer's Agent
Larry Peters
West USA Realty
List Price
$189,000
Sold Price
$189,000
Current Estimated Value
$537,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,980
Avg. Annual Appreciation
10.85%
Original Mortgage
$180,600
Outstanding Balance
$143,700
Interest Rate
3.81%
Mortgage Type
Commercial
Estimated Equity
$398,321

Purchase Details

Closed on
Sep 27, 2011
Sold by
Schurg Wayne and Schurg Linda
Bought by
Schurg Wayne and Schurg Linda

Purchase Details

Closed on
Sep 26, 2011
Sold by
Schurg Wayne and Schurg Linda
Bought by
Schurg Wayne and Schurg Linda

Purchase Details

Closed on
Jul 26, 2001
Sold by
Schurg Wayne H and Schurg Linda L
Bought by
Schurg Wayne H and Schurg Linda L

Purchase Details

Closed on
Nov 30, 1998
Sold by
Schurg Linda
Bought by
Schurg Wayne H
Source: Public Records

Range of Values:

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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
Schurg Wayne -- Empire West Title Agency
Mcdowell Property Investments Llc $189,000 Empire West Title Agency
Schurg Wayne -- None Available
Schurg Wayne -- None Available
Schurg Wayne H -- --
Schurg Wayne H -- Chicago Title Insurance Co
Schurg Wayne H $145,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdowell Property Investments Llc $180,600
Previous Owner Schurg Wayne H $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2015 07/01/15 Sold $189,000 0.0% $100 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
03/01/2015 03/01/15 For Sale $189,000 -- $100 / 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 $2,630 $21,236 -- --
2024 $2,684 $20,857 -- --
2023 $2,684 $39,491 $17,595 $21,896
2022 $2,664 $34,266 $13,528 $20,738
2021 $2,785 $35,280 $13,914 $21,366
2020 $2,734 $32,652 $10,908 $21,744
2019 $2,724 $32,292 $11,124 $21,168
2018 $2,565 $30,510 $8,568 $21,942
2017 $2,458 $27,036 $7,938 $19,098
2016 $2,404 $24,966 $7,344 $17,622
2015 $2,319 $24,883 $8,806 $16,077
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5244355

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-10-045