NOT LISTED FOR SALE

Estimated Value: $1,386,519

Studio
-- Bath
2,293 Sq Ft
$605/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $1,250,000 $545 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,513/month

22 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Hopi Elementary School Rated A

About This Home

As of August 2022

Highly sought after building in Arcadia area. This high end remodel is operational and very functional for any type of business. Multiple offices, conference room, bathrooms and kitchen. It has been completely remodeled with a private 1 bed 1 bath plus laundry owners suite.

Last Agent to Sell the Property

Robert Romanet

ARRT of Real Estate License #SA686850000 Listed on: 05/24/2022

Last Buyer's Agent

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,929

Year Built

  • Built in 1954

Lot Details

  • 7,800 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned R5

Home Design

  • 2,293 Sq Ft Home
  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Carpet

Parking

  • 14 Parking Spaces
  • 7 Covered Spaces
  • Private Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Arcadia Groves 1 Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 171-47-003

Property Details

Property Type

Other

Est. Annual Taxes

$3,929

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: 46th St & E Indian School Rd
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: R5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1954
  • Tax Year: 2021
  • Lot Size Acres: 0.18
  • Subdivision Name: ARCADIA GROVES 1
  • Structure Type: Commercial, Office
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Wood
  • Living Area: 2293.0

Exterior Features

  • Fencing: Other, Block
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 7.0
  • Parking Features: Private
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 14.0
  • General Property Description:Covered Parking Spcs: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking Features Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Other
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 7800.0
  • Parcel #: 171-47-003

Tax Info

  • Tax Annual Amount: 3929.0
  • Tax Book Number: 171.00
  • Tax Lot: 3
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Aug 16, 2022
Sold by
Haryes Llc
Bought by
Craftfield Holding Llc
Seller's Agent
Robert Romanet
ARRT of Real Estate
Buyer's Agent
Beth Jo Zeitzer
R.O.I. Properties
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,386,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,519
Avg. Annual Appreciation
3.01%
Original Mortgage
$1,000,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2021
Closed on
Aug 13, 2021
Sold by
Arcadia Vibe Llc
Bought by
Haryes Llc
Seller's Agent
Robert Romanet
ARRT of Real Estate
Buyer's Agent
Robert Romanet
ARRT of Real Estate
List Price
$939,900
Sold Price
$853,000
Premium/Discount to List
-$86,900
-9.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.99%
Original Mortgage
$696,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2015
Sold by
Glacier Development Companies Llc
Bought by
Arcadia Vibe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2012
Sold by
C M S Financial Llc
Bought by
Glacier Development Companies Llc

Purchase Details

Closed on
Aug 4, 2006
Sold by
Indian School Office Llc
Bought by
C M S Financial Llc

Purchase Details

Closed on
Sep 26, 2002
Sold by
Burgoyne David S and Burgoyne Family Declaration Of
Bought by
Indian School Office Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.16%
Mortgage Type
Commercial
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
Craftfield Holding Llc $1,250,000 Great American Title
Haryes Llc $853,000 Empire West Title Agency Llc
Arcadia Vibe Llc $395,000 Commonwealth Land Title Ins
Glacier Development Companies Llc $141,000 None Available
C M S Financial Llc $475,000 None Available
Indian School Office Llc $225,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Craftfield Holding Llc $1,000,000
Previous Owner Haryes Llc $696,000
Previous Owner Arcadia Vibe Llc $316,000
Previous Owner Indian School Office Llc $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2022 08/24/22 Sold $1,250,000 0.0% $545 / Sq Ft
05/02/2022 05/02/22 For Sale $1,250,000 +46.5% $545 / Sq Ft
08/20/2021 08/20/21 Sold $853,000 -9.2% $372 / Sq Ft View Prior Sale
06/19/2021 06/19/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $939,900 -- $410 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,754 $45,620 -- --
2024 $3,733 $44,806 -- --
2023 $3,733 $73,406 $43,418 $29,988
2022 $3,686 $73,168 $36,260 $36,908
2021 $3,929 $69,750 $37,296 $32,454
2020 $3,871 $62,100 $30,942 $31,158
2019 $3,726 $49,734 $29,466 $20,268
2018 $3,583 $31,680 $26,910 $4,770
2017 $2,175 $24,390 $13,356 $11,034
2016 $2,119 $22,086 $11,610 $10,476
2015 $1,997 $20,461 $9,990 $10,471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6392805

Arizona Regional Multiple Listing Service (ARMLS)

APN: 171-47-003

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