NOT LISTED FOR SALE

5341 W Luke Ave Glendale, AZ 85301

-- Bed
-- Bath
21,000 Sq Ft
0.67 Acres

Last Sold July 01, 2022

Last sale price $675 $0 Per Sq Ft

74 Days on Market

Highlights

  • 0.67 Acre Lot
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of July 2022

Lower Level: $675/mo. Two offices, private restroom and gated courtyard.
Upper level suite: $650/mo. Open floor plan with one large private office and private restroom..
Approx. 997 sq.ft. each.
Individually metered. Tenant pays rent + tax, utilities, janitorial. Move-in ready, street parking only.

Last Agent to Sell the Property

Randy Erwin

Century 21 Arizona Foothills License #SA639091000 Listed on: 03/29/2022

Century 21 Arizona Foothills

Last Buyer's Agent

Chad Coulter

Century 21 Northwest License #SA693958000

Century 21 Northwest

Property Details

Property Type

  • Other

Year Built

  • Built in 1982

Lot Details

  • 0.67 Acre Lot
  • Property is zoned M2

Home Design

  • Foam Roof
  • Block Exterior

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Arizona Industrial Center 1 12, 37 48 Subdivision

Listing and Financial Details

  • Property Available on 3/28/22
  • Tax Lot 16
  • Assessor Parcel Number 144-75-003-E

Property Details

Property Type

Other

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 51st Ave & Missouri
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Lease
  • Zoning: M2
  • Current Use: Office
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 11964.0
  • Lease Info Annual Lse Prc P S F: 17.24
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 12-36
  • Lease Info Space Divisible: No
  • Year Built: 1982
  • Tax Year: 2021
  • Lot Size Acres: 0.67
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: ARIZONA INDUSTRIAL CENTER 1-12, 37-48
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: See Remarks
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

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

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 29065.0
  • Additional Parcels: No
  • Parcel #: 144-75-003-E
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2022-03-28

Multi Family

  • Leasable Area: 997.0

Tax Info

  • Tax Annual Amount: 2088.0
  • Tax Book Number: 144.00
  • Tax Lot: 16
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2014
Sold by
Wyan Properties Llc
Bought by
Banicki Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$686,248
Interest Rate
4.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2010
Sold by
Haco Llc
Bought by
Wynn Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,400
Interest Rate
4.45%
Mortgage Type
Commercial
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
Banicki Properties Llc $1,450,000 Chicago Title Agency Inc
Wynn Properties Llc $925,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banicki Properties Llc $900,000
Previous Owner Wynn Properties Llc $639,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $675 0.0% $0 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $675 -- $0 / 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 $2,010 $13,240 $13,240 --
2024 $1,962 $13,003 $13,003 --
2023 $1,962 $27,251 $27,251 $0
2022 $2,003 $17,343 $17,343 $0
2021 $2,088 $16,362 $16,362 $0
2020 $2,016 $17,334 $17,334 $0
2019 $1,998 $15,336 $15,336 $0
2018 $1,855 $15,012 $15,012 $0
2017 $1,841 $14,562 $14,562 $0
2016 $1,769 $11,862 $11,862 $0
2015 $1,758 $9,398 $9,398 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Erwin

    Seller's Agent in 2022

    Randy Erwin

    Century 21 Arizona Foothills

    (602) 418-1116

    5 in this area

    33 Total Sales

    Randy Erwin
    Section Image
  • Chad Coulter

    Buyer's Agent in 2022

    Chad Coulter

    Century 21 Northwest

    (701) 204-5022

    5 in this area

    78 Total Sales

    Chad Coulter
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6375227

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-75-003E

Arizona Maricopa County Glendale 85301

5341 W Luke 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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