NOT LISTED FOR SALE

Estimated Value: $1,594,960

-- Bed
-- Bath
5,977 Sq Ft
$267/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $1,300,000 $218 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,291/month

15 Days on Market

Highlights

  • 0.91 Acre Lot
  • Wood Flooring
  • Central Air
  • Kyrene de la Mirada Elementary School Rated A
  • Community Kitchen
  • Security Fence

About This Home

As of February 2022

Current Child Care tenant, the facility consists of 5,970 SF of built-out commercial space on a 39,850 SF parcel of land. The property is well located in Chandler just North of Chandler Blvd and between Kyrene Rd and Rural Rd directly west of Intel Corporation. The building was built in 1986. The property includes: 7 classrooms, 4 restrooms (11 toilets), a commercial kitchen, administrative office, and separate school age and toddler playgrounds.

Last Agent to Sell the Property

Cat Isfan

DPR Realty LLC License #BR505486000 Listed on: 01/18/2022

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,738

Year Built

  • Built in 1986

Lot Details

  • 0.91 Acre Lot
  • Security Fence
  • Block Wall Fence
  • Property is zoned PAD

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 5,977 Sq Ft Home
  • Wood Flooring

Parking

  • 22 Open Parking Spaces
  • 22 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 301-87-029

Community Details

Building Details

  • Operating Expense $9,738
  • Net Operating Income $85,140

Additional Features

  • Gila Springs Industrial Park Subdivision
  • Community Kitchen

Property Details

Property Type

Other

Est. Annual Taxes

$9,738

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Chandler Blvd & Gila Springs Blvd
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: PAD
  • Current Use: Retail PAD
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2021
  • Directions: From Chandler Blvd turn north on Gila Springs Blvd. Then turn east on Oakland St. Property on north side.
  • Lot Size Acres: 0.91
  • Subdivision Name: GILA SPRINGS INDUSTRIAL PARK
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood

Exterior Features

  • Fencing: Security, Block
  • Construction Type: Frame - Wood, Stucco
  • Roof: Composition, Tile, Foam
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 22.0
  • Total Parking Spaces: 22.0
  • General Property Description:Uncvrd Parking Spcs: 22.0
  • General Property Description:Total Parking Spcs: 22.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 39850.0
  • Additional Parcels: No
  • Parcel #: 301-87-029
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 85140.0
  • Annual Operating Expense: 9738.0

Tax Info

  • Tax Annual Amount: 9738.0
  • Tax Book Number: 301.00
  • Tax Lot: 16
  • Tax Map Number: 87.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Vozzo Irrevocable Trust and Vozzo Frank N
Bought by
Cla Properties Llc
Current Estimated Value
$1,594,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$662,779
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$951,524

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 27, 2022
Sold by
Feher and Liana
Bought by
Vozzo Irrevocable Trust
Seller's Agent
Cat Isfan
DPR Realty LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,290,000
Sold Price
$1,300,000
Premium/Discount to List
$10,000
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Mar 28, 2019
Sold by
Shree Cre Llc
Bought by
Feher Teodor and Feher Liana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,750
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2014
Sold by
Ccare Multi Limited Partnership
Bought by
Shree Cre Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$597,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2002
Sold by
Corporate Property Associates 9 Lp
Bought by
Ccare Multi Ltd Partnership
Source: Public Records

Range of Values:

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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
Cla Properties Llc $1,596,500 Landmark Title
Vozzo Irrevocable Trust $1,300,000 Landmark Title
Feher Teodor $985,000 Commonwealth Title
Shree Cre Llc $787,500 First American Title Ins Co
Ccare Multi Ltd Partnership -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cla Properties Llc $665,000
Closed Cla Properties Llc $647,400
Previous Owner Feher Teodor $738,750
Previous Owner Shree Cre Llc $597,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $1,300,000 +0.8% $218 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $1,290,000 +131.6% $216 / Sq Ft
09/30/2016 09/30/16 Sold $557,000 -37.8% $93 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $895,000 -- $150 / 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 $10,023 $107,939 -- --
2024 $9,844 $102,800 -- --
2023 $9,844 $116,720 $55,230 $61,490
2022 $9,425 $95,210 $38,840 $56,370
2021 $9,738 $95,680 $38,840 $56,840
2020 $9,532 $94,900 $35,900 $59,000
2019 $9,271 $93,280 $34,240 $59,040
2018 $8,998 $87,600 $29,220 $58,380
2017 $8,611 $88,340 $27,050 $61,290
2016 $8,731 $81,590 $23,940 $57,650
2015 $8,044 $70,440 $20,010 $50,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6343154

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-87-029