NOT LISTED FOR SALE

Estimated Value: $656,042

-- Bed
2 Baths
1,746 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $1,995 $1 Per Sq Ft

Est. 32,784% increase in value since last sale

Current estimated payment $3,715/month

152 Days on Market

Highlights

  • Community Kitchen
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of May 2017

LOTS OF POTENTIAL REMODELED TWO ADJACENT OFFICE SUITES THAT TOTAL 2,000 SQ FT...

Last Agent to Sell the Property

Sam Shamon

America Star Real Estate License #BR666561000 Listed on: 11/30/2016

Last Buyer's Agent

Lisa Ross

DeLex Realty License #SA561439000

DeLex Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1955

Lot Details

  • 6,014 Sq Ft Lot
  • Additional Parcels
  • Property is zoned C-2

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 14 Parking Spaces
  • 6 Covered Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Inmar Terrace Subdivision
  • Community Kitchen

Listing and Financial Details

  • Property Available on 11/30/16
  • Tax Lot 15
  • Assessor Parcel Number 129-02-015

Property Details

Property Type

Other

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Current Use: Office
  • Lease Info Annual Lease Price: 24.0
  • Lease Info Annual Lse Prc P S F: 4800.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1 YR - 5 YEARS
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 2000
  • Year Built: 1955
  • Tax Year: 2619
  • Directions: SCOTTSDALE RD & THOMAS RD DIRECTION--- WEST ON THOMAS
  • Lot Size Acres: 0.14
  • Subdivision Name: INMAR TERRACE
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 14.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric, Natural Gas
  • Green Building Features: Clean Room, Kitchen
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Clean Room: Yes

Lot Info

  • Lot Size Sq Ft: 6014.0
  • Additional Parcels: Yes
  • Parcel #: 129-02-015
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2016-11-30

Multi Family

  • Leasable Area: 2000.0

Tax Info

  • Tax Annual Amount: 2677.0
  • Tax Book Number: 129.00
  • Tax Lot: 15
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2019
Sold by
J & J Star Llc
Bought by
Airspace Scottsdale Llc
Current Estimated Value
$656,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,100
Outstanding Balance
$321,380
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$350,590

Purchase Details

Closed on
Mar 2, 2016
Sold by
Shakarov Benik
Bought by
J & J Star Llc

Purchase Details

Closed on
Nov 23, 2015
Sold by
Ecotality Inc
Bought by
Shakarov Benik

Purchase Details

Closed on
Jan 12, 2007
Sold by
Caldwell C Timothy
Bought by
Ecotality Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
6.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 2002
Sold by
Marlinga Ralph R
Bought by
Caldwell C Timothy

Purchase Details

Closed on
Nov 24, 1997
Sold by
Sher Louis K and Louis K Sher Revocable Trust
Bought by
Marlinga Ralph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.33%
Mortgage Type
Commercial
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
Airspace Scottsdale Llc $426,000 Grand Canyon Title Agency
J & J Star Llc -- Accommodation
Shakarov Benik $223,001 None Available
Ecotality Inc $575,000 Chicago Title Insurance Co
Caldwell C Timothy $215,000 Chicago Title Insurance Co
Marlinga Ralph R $155,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Airspace Scottsdale Llc $362,100
Previous Owner Ecotality Inc $287,500
Previous Owner Marlinga Ralph R $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $1,995 -33.4% $1 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
11/30/2016 11/30/16 For Sale $2,995 -- $2 / 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 $2,830 $40,282 -- --
2024 $2,882 $39,562 -- --
2023 $2,882 $91,970 $41,480 $50,490
2022 $2,814 $66,413 $33,163 $33,250
2021 $3,072 $72,756 $34,110 $38,646
2020 $3,046 $70,560 $27,414 $43,146
2019 $2,941 $54,702 $26,100 $28,602
2018 $2,849 $48,708 $23,292 $25,416
2017 $2,730 $47,178 $23,292 $23,886
2016 $2,663 $42,750 $20,880 $21,870
2015 $2,619 $38,147 $18,315 $19,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5530661

Arizona Regional Multiple Listing Service (ARMLS)

APN: 129-02-015