NOT LISTED FOR SALE

7033 W Cactus Rd Peoria, AZ 85381

Estimated Value: $2,156,977

-- Bed
-- Bath
8,265 Sq Ft
$261/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $1,130,000 $137 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $11,436/month

454 Days on Market

Highlights

  • 3.98 Acre Lot
  • Wood Flooring
  • Central Air
  • Centennial High School Rated A
  • Community Kitchen
  • Multiple Heating Units

About This Home

As of January 2016

An existing church facility with present seating for approximately 125 with plenty of land to expand to a much larger sanctuary. Offices, many classrooms, kitchen, nursery, handicap restrooms, newly paved parking. Newly 2012 built 3,600 SF educational modular building to include kitchen, classrooms, fellowship hall, great room. Lots of room to expand in this fine facility located in the growing northwest metropolitan area. Cell Tower income has been sold earlier, but the tower remains on the property. Shown by appointment to qualified Buyers.

Last Agent to Sell the Property

Earle Shroyer

AZ Brokerage Holdings, LLC License #SA017007000 Listed on: 07/23/2014

AZ Brokerage Holdings, LLC

Last Buyer's Agent

Earle Shroyer

Realty Executives

Property Details

Property Type

  • Other

Year Built

  • Built in 1985

Lot Details

  • 3.98 Acre Lot
  • Block Wall Fence
  • Property is zoned R1-8, R1-12

Home Design

  • 8,265 Sq Ft Home
  • Composition Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Wood
  • Concrete

Parking

  • 55 Open Parking Spaces
  • 55 Parking Spaces

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 143-05-894

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are 308+- X 561+-

Amenities

  • Community Kitchen
  • Meeting Room

Property Details

Property Type

Other

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Southeast Corner of 71st Ave and Cactus Rd
  • Legal Info Range: 1E
  • Property Type: Comm/Industry Sale
  • Zoning: R1-8, R1-12
  • Current Use: Religious Facility
  • Number Of Buildings: 2
  • Year Built: 1985
  • Tax Year: 2013
  • Directions: West of 67th Ave on West Cactus Rd to the Subject property.
  • Lot Size Acres: 3.98
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood, Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Stucco, Block
  • Roof: Composition, Built-Up
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 55.0
  • Total Parking Spaces: 55.0
  • General Property Description:Uncvrd Parking Spcs: 55.0
  • General Property Description:Total Parking Spcs: 55.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

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

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes

Fee Information

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

Lot Info

  • Lot Size: 308+- X 561+-
  • Lot Size Sq Ft: 173349.0
  • Additional Parcels: No
  • Parcel #: 143-05-894
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1.0
  • Insurance Expense: 1.0

Tax Info

  • Tax Book Number: 143.00
  • Tax Lot: 1
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2015
Sold by
Behers Fredrick E and Rains Billy D
Bought by
Aibt Nonprofit Charter High School Inc
Current Estimated Value
$2,156,977

Purchase Details

Closed on
Aug 25, 2004
Sold by
Morning Star Moravian Church Inc
Bought by
Bellew William H and Black Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,000
Interest Rate
5.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Aibt Nonprofit Charter High School Inc $1,130,000 First American Title Ins Co
Bellew William H -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellew William H $661,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $1,130,000 -19.3% $137 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
07/23/2014 07/23/14 For Sale $1,400,000 -- $169 / 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 -- $147,641 -- --
2024 -- $140,610 -- --
2023 $0 $466,785 $312,525 $154,260
2022 $0 $340,095 $200,730 $139,365
2021 $0 $298,635 $159,720 $138,915
2020 $0 $235,995 $96,360 $139,635
2019 $0 $206,295 $69,990 $136,305
2018 $0 $235,070 $70,460 $164,610
2017 $0 $105,900 $63,315 $42,585
2016 $12,967 $98,535 $57,225 $41,310
2015 -- $105,536 $67,904 $37,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5148316

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-05-894