NOT LISTED FOR SALE

Estimated Value: $1,474,449

-- Bed
-- Bath
6,599 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $1,405,587 $213 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,106/month

40 Days on Market

Highlights

  • 1.15 Acre Lot
  • Community Kitchen
  • Stone Flooring
  • Franklin at Brimhall Elementary School Rated A
  • Computer Room
  • Central Air

About This Home

As of June 2023

Commercial restaurant* Currently being used as Event Venue*Large entrance/waiting room leads you to a Beautifully transformed dining or ball room* Updated lighting* Custom Paint *Brick accents* Indoor dining area seats 250* Additional guest seating at 2 patios* , Lg. Bar area w/ large walk in refrigerator*2 full restrooms with stalls, sinks and hand dryers* 1 office and 2 additional rooms next to entry *Large Commercial Kitchen w/ 2 walk in refrigerator and 1 Freezer. Aprx. 80 parking spaces including accessibility parking* Extra storage room* Monument sign* Hard to find space like this on Main St. The possibilities are endless. their is add 1000 sq. ft of patio areas not included in sq

Last Agent to Sell the Property

Bea Lyman

Keller Williams Integrity First License #BR105721000 Listed on: 03/18/2023

Keller Williams Integrity First

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,089

Year Built

  • Built in 1977

Lot Details

  • 1.15 Acre Lot
  • Property is zoned C-2

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 6,599 Sq Ft Home
  • Computer Room

Flooring

  • Stone
  • Concrete

Parking

  • 80 Open Parking Spaces
  • 80 Parking Spaces

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System

Listing and Financial Details

  • Tax Lot MB
  • Assessor Parcel Number 218-13-001-K

Community Details

Overview

  • Building Dimensions are 171X283X1
  • Commercial Subdivision

Amenities

  • Community Kitchen
  • Reception Area

Building Details

  • Operating Expense $12,089

Property Details

Property Type

Other

Est. Annual Taxes

$12,089

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Cross Street: POWER & MAIN
  • Legal Info Range: 7E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Service Business, Recreational
  • Number Of Buildings: 1
  • Year Built: 1977
  • Tax Year: 2021
  • Directions: East on Main to building on left (north).
  • Lot Size Acres: 1.15
  • Road Surface Type: Asphalt
  • Subdivision Name: COMMERCIAL
  • Structure Type: Commercial
  • Tax Parcel Letter: K
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Stone, Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 80.0
  • Total Parking Spaces: 80.0
  • General Property Description:Uncvrd Parking Spcs: 80.0
  • General Property Description:Total Parking Spcs: 80.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump, Office A/C, Central A/C
  • Heating: Heat Pump, 2 or More Units, Electric
  • Green Building Features: Reception Room, Kitchen, Computer Room
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Computer Room: Yes

Lot Info

  • Lot Size: 171X283X1
  • Lot Size Sq Ft: 50218.0
  • Additional Parcels: No
  • Parcel #: 218-13-001-K
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 12089.0
  • Leasable Area: 7375.0

Tax Info

  • Tax Annual Amount: 12089.0
  • Tax Book Number: 218.00
  • Tax Lot: MB
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2023
Closed on
Jun 28, 2023
Sold by
Chateau Az Llc
Bought by
Html423e Llc
Seller's Agent
Bea Lyman
Keller Williams Integrity First
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,275,000
Sold Price
$1,405,587
Premium/Discount to List
$130,587
10.24%
Views
7
Current Estimated Value
$1,474,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,862
Avg. Annual Appreciation
2.45%

Purchase Details

Listed on
Aug 28, 2017
Closed on
Jan 23, 2020
Sold by
Turner Commercial Investments Llc
Bought by
Chateau Az L L C
Seller's Agent
Frank C. Merlo III
SERHANT.
Buyer's Agent
Deborah Sapp
SERHANT.
List Price
$999,900
Sold Price
$960,000
Premium/Discount to List
-$39,900
-3.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$759,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2005
Sold by
Turner Dimple W
Bought by
Turner Commercial Investments Llc

Purchase Details

Closed on
Oct 10, 1995
Sold by
Turner James E and Turner Dimple W
Bought by
Turner James E and Turner Revocable Living Trust

Purchase Details

Closed on
Sep 22, 1994
Sold by
Ross Steve A and Ross Luin L
Bought by
Turner James E and Turner Dimple
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
Html423e Llc $1,405,587 Landmark Title
Chateau Az L L C $900,000 Great American Title Agency
Turner Commercial Investments Llc -- Security Title Agency Inc
Turner James E -- --
Turner James E $375,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Html423e Llc $5,167,500
Closed Html423e Llc $915,000
Previous Owner Chateau Az L L C $759,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $1,405,587 0.0% $213 / Sq Ft
05/01/2023 05/01/23 Price Changed $1,405,587 +10.2% $213 / Sq Ft
05/01/2023 05/01/23 For Sale $1,275,000 -9.3% $193 / Sq Ft
04/24/2023 04/24/23 Off Market $1,405,587 -- --
03/18/2023 03/18/23 For Sale $1,275,000 +32.8% $193 / Sq Ft
12/31/2019 12/31/19 Sold $960,000 -4.0% $145 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $999,900 -- $152 / 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 $11,088 $109,435 -- --
2024 $11,516 $107,480 -- --
2023 $11,516 $123,573 $45,254 $78,319
2022 $11,608 $118,353 $44,643 $73,710
2021 $12,089 $120,258 $45,918 $74,340
2020 $11,932 $120,006 $44,676 $75,330
2019 $11,149 $112,662 $41,220 $71,442
2018 $10,702 $113,166 $43,020 $70,146
2017 $10,384 $115,470 $42,264 $73,206
2016 $10,191 $106,524 $37,728 $68,796
2015 $9,845 $85,544 $31,783 $53,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6533153

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-13-001K