NOT LISTED FOR SALE

Estimated Value: $2,895,537

-- Bed
-- Bath
10,719 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $2,100,000 $196 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $16,130/month

80 Days on Market

Highlights

  • Gated Community
  • 1.66 Acre Lot
  • Community Kitchen
  • Madison Richard Simis School Rated A-
  • Wood Flooring
  • Cafeteria

About This Home

As of March 2021

An existing church facility offered at appraised value. Elegantly detailed oak trimmed sanctuary with pew seating for 250+-. Double entry lobby, multiple offices with reception office, board room, multiple classrooms, nursery, library/bookstore, staff kitchen and a large kitchen/dining room, outdoor meditation garden area. Gated courtyard for complete security. Bell tower, great 7th Street frontage with monument signage. Roof mount Solar system for low utility costs. Show by appointment only to prequalified buyers.

Last Agent to Sell the Property

Earle Shroyer

Realty Executives License #SA017007000 Listed on: 01/07/2021

Realty Executives

Last Buyer's Agent

Daniel Kahn

E & G Real Estate Services License #BR576266000

Property Details

Property Type

  • Other

Year Built

  • Built in 1972

Lot Details

  • 1.66 Acre Lot
  • Property is zoned R1-10

Home Design

  • 10,719 Sq Ft Home
  • Composition Roof
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 132 Open Parking Spaces
  • 132 Parking Spaces
  • Private Parking
  • Paved Parking

Eco-Friendly Details

  • Heating system powered by solar not connected to the grid

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 220 Volts

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 161-19-064-C

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are 197+- X 372+-
  • Orangewood Lots 11 15 Block 2 Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Cafeteria

Additional Features

  • Operating Expense $7
  • Gated Community

Property Details

Property Type

Other

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: 7th Street and Maryland
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R1-10
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2020
  • Directions: North of Bethany Home Rd on 7th Street to the subject property
  • Lot Size Acres: 1.66
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Orangewood Lots 11-15 Block 2
  • Structure Type: Other (See Remarks)
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood, Concrete
  • Living Area: 10719.0

Exterior Features

  • Fencing: Other
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Block
  • Roof: Composition, Built-Up, Foam
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 132.0
  • Total Parking Spaces: 132.0
  • General Property Description:Uncvrd Parking Spcs: 132.0
  • General Property Description:Total Parking Spcs: 132.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: 220 Volts, Other (See Remarks), Solar
  • Cooling: Central A/C
  • Heating: Solar, Natural Gas
  • Green Building Features: Conference Room, Cafeteria, Kitchen, Raised Floor, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Solar: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Security Gate: Yes
  • Amenities:Cafeteria: Yes

Fee Information

  • Annual Fuel Expense: 1.0
  • Trash Expense: 1.0
  • Annual Water Sewer Expense: 1.0

Lot Info

  • Lot Size: 197+- X 372+-
  • Lot Size Sq Ft: 72353.0
  • Parcel #: 161-19-064-C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 7.0

Tax Info

  • Tax Book Number: 161.00
  • Tax Lot: 9
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Mar 25, 2021
Sold by
Creative Living Fwshp Of Phoenix Inc
Bought by
Shearim Torah High School Inc
Seller's Agent
Earle Shroyer
Realty Executives
Buyer's Agent
Daniel Kahn
E & G Real Estate Services
List Price
$2,235,000
Sold Price
$2,100,000
Premium/Discount to List
-$135,000
-6.04%
Current Estimated Value
$2,895,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$795,537
Avg. Annual Appreciation
8.12%
Original Mortgage
$1,575,000
Outstanding Balance
$1,431,638
Interest Rate
2.73%
Mortgage Type
Commercial
Estimated Equity
$1,487,483

Purchase Details

Closed on
Mar 7, 2006
Sold by
Obrien Thomas J
Bought by
Creative Living Fellowship Of Phoenix In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 1997
Sold by
Sargent Myron J and Sargent Barbara P
Bought by
Sargent Myron J and Sargent Barbara Frances

Purchase Details

Closed on
Nov 22, 1996
Sold by
Higher Vision Center & Church Of Religio
Bought by
Obrien Thomas J
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
Shearim Torah High School Inc $2,100,000 Stewart Ttl & Tr Of Phoenix
Creative Living Fellowship Of Phoenix In $1,800,000 Chicago Title Insurance Co
Sargent Myron J -- --
Obrien Thomas J $615,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shearim Torah High School Inc $1,575,000
Previous Owner Creative Living Fwshp Of Phoenix Inc $850,000
Previous Owner The Creative Living Fellowship Of Phoeni $1,025,000
Previous Owner Creative Living Fellowship Of Phoenix In $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $2,100,000 -6.0% $196 / Sq Ft
01/07/2021 01/07/21 For Sale $2,235,000 0.0% $209 / Sq Ft
01/06/2021 01/06/21 For Sale $2,235,000 0.0% $209 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
10/16/2020 10/16/20 For Sale $2,235,000 -- $209 / 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 -- $194,876 -- --
2024 -- $185,596 -- --
2023 $0 $310,020 $241,500 $68,520
2022 $0 $295,530 $232,710 $62,820
2021 $0 $294,120 $232,710 $61,410
2020 $0 $256,650 $194,985 $61,665
2019 $0 $241,035 $181,095 $59,940
2018 $0 $222,420 $162,330 $60,090
2017 $0 $199,065 $157,605 $41,460
2016 $0 $153,030 $112,590 $40,440
2015 -- $140,128 $103,456 $36,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6147516

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-19-064C