NOT LISTED FOR SALE

5425 E Bell Rd Unit 145 Scottsdale, AZ 85254

Paradise Valley Village Neighborhood

Estimated Value: $909,711

-- Bed
-- Bath
2,870 Sq Ft
$317/Sq Ft Est. Value

Last Sold November 08, 2016

Last sale price $535,000 $186 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,429/month

119 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • North Ranch Elementary School Rated A

About This Home

As of November 2016

Prime location medical office. Currently leased to top rated medical group. This would make an ideal investment property as the current tenant would like to stay. However should the new owner wish to occupy the space, it can be delivered vacant. The interior consists of six exam rooms, doctors office, large nurses station, xray area, kitchen and reception area. There are two restrooms. Three covered parking spaces are included.
PLEASE DO NOT ENTER THE PROPERTY WITHOUT AN APPOINTMENT.

Last Agent to Sell the Property

James Cohen

Realty ONE Group License #SA025471000 Listed on: 05/16/2016

Last Buyer's Agent

James Cohen

Realty ONE Group License #SA025471000 Listed on: 05/16/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,497

Year Built

  • Built in 2005

Lot Details

  • Property is zoned C-O

Home Design

  • Tilt Up Walls
  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 2,870 Sq Ft Home
  • Concrete Flooring

Parking

  • 20 Open Parking Spaces
  • 23 Parking Spaces
  • 3 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Bell Professional Center Condominium 1St Amd Subdivision
  • Operating Expense $6,497

Listing and Financial Details

  • Tax Lot 145
  • Assessor Parcel Number 215-85-212

Property Details

Property Type

Other

Est. Annual Taxes

$6,497

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: 54th Street & Bell Road
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: C-O
  • Current Use: Mixed Use, Medical/Dental
  • Number Of Buildings: 1
  • Year Built: 2005
  • Tax Year: 2015
  • Directions: Just east of 54th Street on the south side of Bell Road.
  • Subdivision Name: BELL PROFESSIONAL CENTER CONDOMINIUM 1ST AMD
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Tilt-Up
  • Roof: Built-Up
  • Construction:Tilt-Up: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 23.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 23.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

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

Lot Info

  • Additional Parcels: No
  • Parcel #: 215-85-212

Multi Family

  • Annual Operating Expense: 6497.0

Tax Info

  • Tax Annual Amount: 6497.0
  • Tax Book Number: 215.00
  • Tax Lot: 145
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Oct 24, 2016
Sold by
Alan W Hamilton Llc
Bought by
Penntex Group Il Llc
Seller's Agent
James Cohen
Realty ONE Group
Buyer's Agent
James Cohen
Realty ONE Group
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Current Estimated Value
$909,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,711
Avg. Annual Appreciation
6.15%
Original Mortgage
$365,000
Outstanding Balance
$292,244
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$617,467

Purchase Details

Closed on
Nov 18, 2005
Sold by
Sydney Bell55 Properties Llc
Bought by
Alan W Hamilton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.07%
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
Penntex Group Il Llc $535,000 Stewart Title Arizona Agency
Alan W Hamilton Llc $482,581 Security Title Agency Inc
Sydney Bell55 Properties Llc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penntex Group Il Llc $365,000
Previous Owner Sydney Bell55 Properties Llc $285,000
Previous Owner Alan W Hamilton Llc $343,707
Closed Alan W Hamilton Llc $274,966
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2016 11/08/16 Sold $535,000 -2.7% $186 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $550,000 +71.9% $192 / Sq Ft
09/03/2014 09/03/14 Sold $320,000 -5.4% $166 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $338,100 -- $175 / 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 $7,277 $70,890 -- --
2024 $5,652 $69,624 -- --
2023 $5,652 $94,894 $18,972 $75,922
2022 $7,480 $78,925 $15,785 $63,140
2021 $7,717 $79,794 $15,948 $63,846
2020 $7,478 $77,238 $15,444 $61,794
2019 $7,488 $75,168 $15,030 $60,138
2018 $7,242 $64,926 $12,978 $51,948
2017 $6,942 $61,434 $12,276 $49,158
2016 $6,826 $58,104 $11,610 $46,494
2015 $6,497 $50,320 $10,064 $40,256
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    James Cohen

    Realty One Group

    (602) 568-5780

    1 in this area

    15 Total Sales

    James Cohen
    Section Image
  • Bill Douglass

    Seller's Agent in 2014

    Bill Douglass

    Upland Group, Inc.

    (480) 420-2306

    18 Total Sales

    Bill Douglass
    Section Image

  • B

    Seller Co-Listing Agent in 2014

    Billy Sunkenberg

    Upland Group, Inc.

    Section Image

  • E

    Buyer's Agent in 2014

    Eric Ferber

    Cutler Commercial

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5443688

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-85-212

Arizona Maricopa County Scottsdale 85254 Paradise Valley Village

5425 E Bell Rd Unit 145, Scottsdale, AZ

This home is located at 5425 E Bell Rd Unit 145, Scottsdale, AZ 85254 since 16 May 2016 and is currently estimated at $909,711, approximately $316 per square foot. This property was built in 2005. 5425 E Bell Rd Unit 145 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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