NOT LISTED FOR SALE

Estimated Value: $982,874

Studio
-- Bath
8,779 Sq Ft
$112/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $950,000 $108 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,221/month

9 Days on Market

Highlights

  • 0.96 Acre Lot
  • Partially Fenced Property
  • Heating Available
  • Concrete Flooring

About This Home

As of February 2022

Two building are for sale; 6221 & 6245 N 35th Ave.
***Please do not disturb tenants***
Great street exposure & large monument sign. Ceramic tile floors through out most of the suites. Plenty of parking spaces in the front & back of buildings. Roof & AC's replaced recently, Parking lot also redone recently. Currently 100% occupancy, mostly long term tenants.

Last Agent to Sell the Property

Ben Scianna

Crown Realty License #BR034584000 Listed on: 01/18/2022

Last Buyer's Agent

Stephen Thompson

Seven Commercial License #BR586585000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,530

Year Built

  • Built in 1974

Lot Details

  • 0.96 Acre Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned OFFICE

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 8,779 Sq Ft Home
  • Concrete Flooring

Parking

  • 60 Open Parking Spaces
  • 60 Parking Spaces
  • Public Parking
  • Free Parking

Utilities

  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 152-05-007-C

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are 125X330
  • Continental Meadows Mark 1 Subdivision

Building Details

  • Gross Income $106,689
  • Net Operating Income $55,000

Property Details

Property Type

Other

Est. Annual Taxes

$13,530

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 35TH Ave & Bethany
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: OFFICE
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2021
  • Lot Size Acres: 0.96
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3000.0
  • Subdivision Name: CONTINENTAL MEADOWS MARK 1
  • Structure Type: Office
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 8779.0

Exterior Features

  • Fencing: Block, Partial
  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 60.0
  • Total Parking Spaces: 60.0
  • General Property Description:Uncvrd Parking Spcs: 60.0
  • General Property Description:Total Parking Spcs: 60.0
  • Parking:Free: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: Master Meter, SRP
  • Cooling: Office A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Electric Master Meter: Yes

Fee Information

  • Trash Expense: 2000.0
  • Annual Water Sewer Expense: 1200.0

Lot Info

  • Lot Size: 125X330
  • Lot Size Sq Ft: 42012.0
  • Parcel #: 152-05-007-C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 12500.0
  • Annual Gross Income: 106689.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 55000.0

Tax Info

  • Tax Annual Amount: 13530.0
  • Tax Book Number: 152.00
  • Tax Lot: 1
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 28, 2022
Sold by
Lass Properties Llc
Bought by
Dgb I Llc
Seller's Agent
Ben Scianna
Crown Realty
Buyer's Agent
Stephen Thompson
Seven Commercial
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$982,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,874
Avg. Annual Appreciation
0.89%

Purchase Details

Closed on
Oct 30, 2002
Sold by
35Th Avenue Properties Llc
Bought by
Lass 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
$315,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 20, 1997
Sold by
North 35Th Ave Partners Llc
Bought by
Garnand Scott V and Cutler Clifford J

Purchase Details

Closed on
Nov 18, 1997
Sold by
Garnand Scott V and Cutler Clifford J
Bought by
35Th Avenue Properties Llc
Source: Public Records
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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
Dgb I Llc $950,000 Old Republic Title
Lass Properties Llc $450,000 Chicago Title Insurance Co
Garnand Scott V $250,000 First American Title
35Th Avenue Properties Llc $250,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lass Properties Llc $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $950,000 0.0% $108 / Sq Ft
01/18/2022 01/18/22 For Sale $950,000 -- $108 / 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 $12,989 $102,212 -- --
2024 $13,041 $100,387 -- --
2023 $13,041 $147,322 $63,308 $84,014
2022 $12,987 $114,118 $48,633 $65,485
2021 $13,530 $119,646 $50,022 $69,624
2020 $13,192 $99,936 $51,354 $48,582
2019 $12,951 $85,806 $48,150 $37,656
2018 $13,546 $89,964 $40,194 $49,770
2017 $13,477 $83,592 $39,024 $44,568
2016 $14,498 $87,228 $33,786 $53,442
2015 $14,547 $100,992 $27,140 $73,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6343541

Arizona Regional Multiple Listing Service (ARMLS)

APN: 152-05-007C