NOT LISTED FOR SALE

Estimated Value: $961,521

Studio
-- Bath
4,001 Sq Ft
$240/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2017

Last sale price $500,000 $125 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,532 / mo

1105 Days on Market

Highlights

  • 0.51 Acre Lot
  • Concrete Flooring
  • Heating Available
  • Yavapai Elementary School Rated A-

About This Home

As of May 2017

Business office #1 is 1600sf, attached office #2 with 2400 sf, and approx 1/4 acre fenced-in Industrial Yard! Light Industrial 88%/ R1-7 12% for City of Scottsdale zoning. Check with City of Scottsdale for your business use to see if it fits under above zoning codes! Accepting all offer today- bring your offer NOW! Currently in North Indian Bend Wash EPA NPL Site - Scottsdale, AZ ARea 12 Treatment Facility. Verify with City of Scottsdale existing drainage from neighborhood behind property, across storage yard and SW under gate on West side of property.

Last Agent to Sell the Property

Phyllis Ann Benson

ProSmart Realty License #BR107059000 Listed on: 05/01/2014

ProSmart Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,801

Year Built

  • Built in 1975

Lot Details

  • 22,048 Sq Ft Lot
  • Property is zoned I-P 88%+R-7 12%

Home Design

  • Tilt Up Walls
  • Stucco

Interior Spaces

  • 4,001 Sq Ft Home
  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Heating Available
  • Separate Meters
  • 200+ Amp Service

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 131-15-016-A

Community Details

Overview

  • Building Dimensions are 184'x137'
  • Scottsdale Industrial Center I Subdivision

Additional Features

  • Reception Area
  • Operating Expense $5,801

Property Details

Property Type

Other

Est. Annual Taxes

$5,801

Year Built

Built in 1975

Lot Details

0.51 Acres

Listing Details

  • Cross Street: Hayden & McKellips
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: I-P 88%+R-7 12%
  • Current Use: Mixed Use, Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 1975
  • Tax Year: 2013
  • Lot Size Acres: 0.51
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Scottsdale Industrial Center I
  • Structure Type: Industrial, Office
  • Tax Parcel Letter: A
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Tilt-Up, Stucco
  • Roof: Other, See Remarks
  • Construction:Tilt-Up: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Over 220 Amp, Individual Meter, SRP
  • Cooling: Office A/C
  • Heating: Electric
  • Green Building Features: Reception Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size: 184'x137'
  • Lot Size Sq Ft: 22048.0
  • Additional Parcels: No
  • Parcel #: 131-15-016-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5801.0

Tax Info

  • Tax Annual Amount: 5801.0
  • Tax Book Number: 131.00
  • Tax Lot: 8
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2025
Sold by
Ferret Llc
Bought by
Interconnect Inc
Current Estimated Value
$961,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,489,367
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$1,527,846

Purchase Details

Listed on
May 1, 2014
Closed on
May 19, 2017
Sold by
Everywhere Development Co
Bought by
Ferret Llc
Seller's Agent
Phyllis Ann Benson
ProSmart Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$490,000
Sold Price
$500,000
Premium/Discount to List
$10,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$400,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2004
Sold by
Higginbotham Steven E
Bought by
Everywhere Development Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2002
Sold by
Andre John P and Andre Victoria L
Bought by
Higginbotham Steven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2002
Sold by
Grimes Richard Manning
Bought by
Apex National Decorators Inc and Andre John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,600
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 12, 1996
Sold by
Grimes Manning E and Grimes Beatrice Penny
Bought by
Grimes Richard Manning and Richard M Grimes Family Trust

Purchase Details

Closed on
Jun 24, 1996
Sold by
Grimes Manning E and Penny Grimes B
Bought by
Grimes Manning E and The Manning E Grimes Trust
Source: Public Records
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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
Interconnect Inc -- American Title Service Agency
Ferret Llc $500,000 Commonwealth Land Title Insu
Everywhere Development Co $590,000 Tsa Title Agency
Higginbotham Steven E $360,000 Stewart Title & Trust
Apex National Decorators Inc $205,000 Transnation Title Insurance
Grimes Richard Manning -- --
Grimes Manning E -- --
Grimes Manning E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Interconnect Inc $2,500,000
Previous Owner Ferret Llc $400,000
Previous Owner Everywhere Development Co $440,000
Previous Owner Higginbotham Steven E $304,000
Previous Owner Apex National Decorators Inc $182,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2017 05/23/17 Sold $500,000 +2.0% $125 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/01/2014 04/01/14 For Sale $490,000 -- $122 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $5,631 $79,741 -- --
2024 $5,666 $78,317 -- --
2023 $5,666 $136,255 $61,506 $74,749
2022 $5,534 $80,973 $50,225 $30,748
2021 $6,048 $79,236 $51,660 $27,576
2020 $5,995 $74,196 $49,284 $24,912
2019 $5,785 $66,942 $52,200 $14,742
2018 $5,754 $68,688 $43,794 $24,894
2017 $5,511 $65,052 $40,446 $24,606
2016 $5,404 $59,796 $33,714 $26,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5108884

Arizona Regional Multiple Listing Service (ARMLS)

APN: 131-15-016A

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