NOT LISTED FOR SALE

5425 E Bell Rd Unit 111 Scottsdale, AZ 85254

Paradise Valley Neighborhood

Estimated Value: $775,464

-- Bed
-- Bath
1,651 Sq Ft
$470/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $360,000 $218 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,662/month

137 Days on Market

Highlights

  • Community Kitchen
  • Central Air
  • Multiple Heating Units
  • North Ranch Elementary School Rated A

About This Home

As of September 2016

Premium Office Condo with sought after Bell Road frontage. Five private offices, conference/media room, large reception area with granite slab counters, private walk out courtyard & patio,kitchen, and plenty of storage. Energy efficient..Dual Air Units.

You can own this beautiful property for less than rent. Owner will carry the mortgage with acceptable cash down payment.

Last Agent to Sell the Property

Edward Kij

DeLex Realty License #SA522208000 Listed on: 03/14/2016

Last Buyer's Agent

Edward Kij

DeLex Realty License #SA522208000 Listed on: 03/14/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 2005

Lot Details

  • Property is zoned C-O

Home Design

  • 1,651 Sq Ft Home
  • Tilt Up Walls
  • Built-Up Roof

Parking

  • 10 Open Parking Spaces
  • 12 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 215-85-202-5

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Bell Professional Center Subdivision
  • Operating Expense $3,930

Property Details

Property Type

Other

Est. Annual Taxes

$3,930

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: 54th St & Bell Rd
  • Property Type: Comm/Industry Sale
  • Zoning: C-O
  • Current Use: Service Business, Medical/Dental, Office
  • Number Of Buildings: 1
  • Year Built: 2005
  • Tax Year: 2015
  • Directions: From Loop 101 North exit Frank Lloyd Wright and go west past 56th Street. The property will be on the left side of the street.Unit has premium Bell Road Frontage and great signage
  • Subdivision Name: BELL PROFESSIONAL CENTER
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: 5
  • Special Features: VirtualTour
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Tilt-Up
  • Roof: Built-Up
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: 2 or More Units, Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:_two_ or More Units3: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 215-85-202-5

Multi Family

  • Annual Operating Expense: 3930.0

Tax Info

  • Tax Annual Amount: 3930.0
  • Tax Book Number: 215.00
  • Tax Lot: 111
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Huerta Holdings Llc
Bought by
Dunamis Properties Llc
Current Estimated Value
$775,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,900
Outstanding Balance
$298,604
Interest Rate
3.4%
Mortgage Type
Small Business Administration
Estimated Equity
$482,249

Purchase Details

Listed on
Mar 14, 2016
Closed on
Aug 5, 2016
Sold by
Arizona Classic Investments Inc
Bought by
Huerta Holdings Llc
Seller's Agent
Edward Kij
DeLex Realty
Buyer's Agent
Edward Kij
DeLex Realty
List Price
$364,900
Sold Price
$360,000
Premium/Discount to List
-$4,900
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$330,000
Interest Rate
3.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 11, 2016
Sold by
Classic Insurance Services Inc
Bought by
Arizona Classic Investments Inc

Purchase Details

Closed on
Aug 18, 2005
Sold by
Kij Edward and Kij Laura
Bought by
Classic Insurance Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,257
Interest Rate
5.56%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Dunamis Properties Llc -- Premier Title Agency
Huerta Holdings Llc $360,000 First American Title Ins Co
Arizona Classic Investments Inc -- None Available
Classic Insurance Services Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunamis Properties Llc $334,900
Previous Owner Huerta Holdings Llc $310,000
Previous Owner Huerta Holdings Llc $330,000
Previous Owner Classic Insurance Services Inc $380,257
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $360,000 -1.3% $218 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $364,900 -- $221 / 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 $4,401 $42,872 -- --
2024 $4,439 $42,107 -- --
2023 $4,439 $55,437 $11,084 $44,353
2022 $4,524 $46,568 $9,310 $37,258
2021 $4,667 $47,070 $9,414 $37,656
2020 $4,523 $45,756 $9,144 $36,612
2019 $4,529 $44,784 $8,946 $35,838
2018 $4,380 $38,916 $7,776 $31,140
2017 $4,198 $36,810 $7,362 $29,448
2016 $4,129 $34,704 $6,930 $27,774
2015 $3,929 $30,433 $6,087 $24,346
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Edward Kij

    DeLex Realty

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5412789

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-85-202

Arizona Maricopa County Scottsdale 85254 Paradise Valley

5425 E Bell Rd Unit 111, Scottsdale, AZ

This home is located at 5425 E Bell Rd Unit 111, Scottsdale, AZ 85254 since 14 March 2016 and is currently estimated at $775,464, approximately $469 per square foot. This property was built in 2005. 5425 E Bell Rd Unit 111 is a home located in Maricopa County with nearby schools including North Ranch Elementary School, Desert Shadows Middle School, and Horizon High School.

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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