NOT LISTED FOR SALE

Estimated Value: $1,065,783

-- Bed
-- Bath
5,332 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $522,000 $98 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,219/month

22 Days on Market

Highlights

  • Fitness Center
  • Community Kitchen
  • Concrete Flooring
  • Franklin at Brimhall Elementary School Rated A
  • Central Air

About This Home

As of March 2014

Bank owned and priced to sell. Fully Built out office building. Approx 17 offices with high grade finishes. Excellent option for a medical use.

Last Agent to Sell the Property

Scott Smith

Capital Asset Management License #BR639430000 Listed on: 02/03/2014

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,085

Year Built

  • Built in 2001

Lot Details

  • 5,332 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned C-C

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,332 Sq Ft Home
  • Concrete Flooring

Parking

  • 12 Open Parking Spaces
  • 16 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 218-04-094-B

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Recreation

  • Fitness Center

Building Details

  • Operating Expense $13,309
  • Net Operating Income $51,000

Property Details

Property Type

Other

Est. Annual Taxes

$9,085

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Cross Street: Brown & Power
  • Legal Info Range: 7E
  • Property Type: Comm/Industry Sale
  • Zoning: C-C
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 2001
  • Tax Year: 2013
  • Lot Size Acres: 0.12
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2400.0
  • Structure Type: Office
  • Tax Parcel Letter: B
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Frame - Wood, Stucco, Brick
  • Roof: See Remarks, Tile
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Green Building Features: Conference Room, Exercise Room, Reception Room, Kitchen
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Exercise Room: Yes

Lot Info

  • Lot Size Sq Ft: 5332.0
  • Additional Parcels: No
  • Parcel #: 218-04-094-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 1300.0
  • Property Net Operating Income: 51000.0
  • Annual Operating Expense: 13309.0

Tax Info

  • Tax Annual Amount: 9085.26
  • Tax Book Number: 218.00
  • Tax Lot: 1
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Mustang Stampede Three Llc
Bought by
4A Holdings Llc
Current Estimated Value
$1,065,783

Purchase Details

Closed on
Jul 11, 2013
Sold by
Pardo Bernarr G and Fihe Claudia L
Bought by
Sw East Brown Road Lp

Purchase Details

Closed on
Feb 11, 2008
Sold by
Fyg Inc
Bought by
Pardo Bernarr G and Fihe Claudia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2004
Sold by
Forward Designs Llc
Bought by
Chalice Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 15, 2003
Sold by
Forward Designs Llc
Bought by
Dream Catchers Day Spa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,750
Interest Rate
5.96%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
4A Holdings Llc $1,060,000 Landmark Title
Sw East Brown Road Lp $451,000 None Available
Pardo Bernarr G $1,400,000 Capital Title Agency Inc
Fyg Inc $1,002,500 Capital Title Agency Inc
Chalice Holdings Llc $750,000 Lawyers Title Ins
Dream Catchers Day Spa Llc $685,162 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pardo Bernarr G $1,050,000
Previous Owner Chalice Holdings Llc $350,000
Previous Owner Dream Catchers Day Spa Llc $376,750
Closed Dream Catchers Day Spa Llc $238,412
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $522,000 -13.0% $98 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $599,900 -- $113 / 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 $7,829 $79,353 -- --
2024 $8,344 $77,936 -- --
2023 $8,344 $185,402 $26,282 $159,120
2022 $8,411 $180,268 $22,855 $157,413
2021 $8,757 $98,838 $23,508 $75,330
2020 $8,643 $93,366 $24,624 $68,742
2019 $8,075 $66,906 $19,368 $47,538
2018 $7,751 $73,764 $13,464 $60,300
2017 $7,519 $67,500 $12,474 $55,026
2016 $7,380 $57,546 $11,124 $46,422
2015 $10,036 $91,668 $12,950 $78,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5064111

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-04-094B