NOT LISTED FOR SALE

5316 W Missouri Ave Glen Dale, AZ 85301

Estimated Value: $754,720

-- Bed
-- Bath
3,300 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 24, 2016

Last sale price $339,000 $103 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $4,452/month

155 Days on Market

Highlights

  • 0.62 Acre Lot
  • Community Kitchen
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of November 2016

Turn key - move in ready. Great building with 1650sqft of warehouse and 1650sqft of fully renovated office space, with about 100 feet of frontage on Missouri Ave. The following was replaced in 2016: All drywall, 2 oversized AC units, evap cooler for warehouse, flooring, toilets, cabinets, countertops, sinks, electrical outlets and switches, computer wiring 4 outlets in every room, stucco replaced and painted, security lighting outside, covered parking, and 5/8'' foam roof. Third Bay door has been closed off, but can easily be opened up for an additional roll-up door & loading dock. Tenant is currently on a month to month agreement. They have been there for 25 years and are interested in renewing lease with new owner if possible.

Last Agent to Sell the Property

Douglas Lee

West USA Realty License #SA659473000 Listed on: 04/02/2016

Co-Listed By

Michael Rapaport

West USA Realty License #SA541699000

Last Buyer's Agent

Douglas Lee

West USA Realty License #SA659473000 Listed on: 04/02/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,016

Year Built

  • Built in 1979

Lot Details

  • 0.62 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned M-2

Home Design

  • Wood Frame Construction
  • Foam Roof

Interior Spaces

  • 3,300 Sq Ft Home
  • Concrete Flooring

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces

Utilities

  • Central Air
  • Heat Pump System
  • 440 Volts
  • 220 Volts
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 144-75-022-B

Community Details

Overview

  • Arizona Industrial Center 1 12, 37 48 Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Building Details

  • Operating Expense $5,016
  • Net Operating Income $30,000

Property Details

Property Type

Other

Est. Annual Taxes

$5,016

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: 51st Avenue and Missouri Ave
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: M-2
  • Bay Info Bay Door Height: 14.0
  • Current Use: Service Business, Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 1979
  • Tax Year: 2015
  • Lot Size Acres: 0.62
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Co List Office Mls Id: wusa05
  • Co List Office Phone: 602-942-4200
  • Subdivision Name: Arizona Industrial Center 1-12, 37-48
  • Structure Type: Commercial, Industrial
  • Tax Parcel Letter: B
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block, Chain Link
  • Construction Type: Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: 440 Volts, 220 Volts, Master Meter
  • Cooling: Warehouse Evap, Office A/C, Central A/C
  • Heating: Heat Pump
  • Green Building Features: Conference Room, Reception Room, Kitchen, LAN Compatible Copr
  • Water Source: City Franchise, Master Meter
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:LAN Compatible Copr: Yes

Lot Info

  • Lot Size Sq Ft: 26900.0
  • Additional Parcels: No
  • Parcel #: 144-75-022-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 30000.0
  • Annual Operating Expense: 5016.0

Tax Info

  • Tax Annual Amount: 5016.0
  • Tax Book Number: 144.00
  • Tax Lot: 36
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2017
Sold by
Orbit Industrial Service & Maintenance L
Bought by
Orbit Property Llc
Current Estimated Value
$754,720

Purchase Details

Listed on
Apr 2, 2016
Closed on
Nov 22, 2016
Sold by
Ldg Investments Limited Partnership
Bought by
Orbit Industrial Service & Maintenance L
Seller's Agent
Douglas Lee
West USA Realty
Buyer's Agent
Douglas Lee
West USA Realty
List Price
$339,999
Sold Price
$339,000
Premium/Discount to List
-$999
-0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$280,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2015
Sold by
Ldg Investments Limited Partnership
Bought by
Ldg Investments Limited Partnership

Purchase Details

Closed on
Nov 9, 2010
Sold by
Dyck Meek Dennis A and Dyck Meek Linda Van
Bought by
Ldg Investments Limited Partnership

Purchase Details

Closed on
Jul 25, 2008
Sold by
Meek Arthur
Bought by
Meek Dennis A and Meek Vandyck Linda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Orbit Property Llc -- None Available
Orbit Industrial Service & Maintenance L $339,000 Great Amer Title Agency Inc
Ldg Investments Limited Partnership -- None Available
Ldg Investments Limited Partnership -- None Available
Meek Dennis A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orbit Industrial Service & Maintenance L $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2016 11/24/16 Sold $339,000 -0.3% $103 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $339,999 -- $103 / 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 $5,734 $37,764 -- --
2024 $5,596 $37,090 -- --
2023 $5,596 $74,188 $30,328 $43,860
2022 $5,712 $56,193 $19,985 $36,208
2021 $5,957 $57,888 $18,864 $39,024
2020 $5,749 $52,560 $21,168 $31,392
2019 $5,701 $47,304 $18,738 $28,566
2018 $5,293 $48,168 $17,136 $31,032
2017 $5,251 $39,636 $16,632 $23,004
2016 $5,047 $29,574 $14,724 $14,850
2015 $5,016 $26,807 $11,137 $15,670
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Douglas Lee

    West USA Realty

    Section Image
  • Michael Rapaport

    Seller Co-Listing Agent in 2016

    Michael Rapaport

    West USA Realty

    (623) 628-2497

    10 in this area

    116 Total Sales

    Michael Rapaport
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5422310

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-75-022B

Arizona Maricopa County Glendale 85301

5316 W Missouri Ave, Glendale, AZ

Not Listed for Sale

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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