NOT LISTED FOR SALE

8037 N 43rd Ave Phoenix, AZ 85051

North Mountain Village Neighborhood

Estimated Value: $1,059,776

-- Bed
-- Bath
7,998 Sq Ft
$133/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $575,000 $72 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,624/month

447 Days on Market

Highlights

  • 0.58 Acre Lot
  • Meeting Room
  • Multiple Heating Units
  • Wood Flooring
  • Central Air

About This Home

As of April 2017

Well constructed commercial offices with abundant parking spaces, 12 are covered. This brick structure is in very good condition and is ideal for corporate headquarters, charter schools, day care, medical practice or law firm. Owners are related to the listing agent.

Last Agent to Sell the Property

Laurie McCain

Laurie McCain Realty, L.L.C. License #SA114776000 Listed on: 01/12/2016

Co-Listed By

Walt Redden

Laurie McCain Realty, L.L.C. License #BR505757000

Last Buyer's Agent

John Omijie

West USA Realty License #SA567620000

West USA Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1982

Lot Details

  • 0.58 Acre Lot
  • Block Wall Fence
  • Property is zoned C-1

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction

Interior Spaces

  • 7,998 Sq Ft Home
  • Wood Flooring

Parking

  • 125 Open Parking Spaces
  • 137 Parking Spaces
  • 12 Covered Spaces

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 150-13-003-K

Community Details

Amenities

  • Meeting Room
  • Reception Area

Additional Features

  • Building Dimensions are CLO
  • Operating Expense $16,762

Property Details

Property Type

Other

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 43rd Ave & Northern
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2015
  • Directions: North on 43rd Ave. (East side of the street)turn into driveway at Banquet Hall and proceed to property in rear of parking lot.
  • Lot Size Acres: 0.58
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lmcre01
  • Co List Office Phone: 928-251-4956
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: K
  • Construction Brick: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood

Exterior Features

  • Fencing: Block
  • Construction Type: Frame - Wood, Brick
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Open Parking Spaces: 125.0
  • Total Parking Spaces: 137.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 125.0
  • General Property Description:Total Parking Spcs: 137.0
  • Parking:Paved Parking: Yes
  • Parking:Parking Structure: Yes

Utilities

  • Electric: Individual Meter, Underground, City Electric, SRP
  • Cooling: Central A/C
  • Heating: Heat Pump, 2 or More Units, Electric
  • Green Building Features: Conference Room, Reception Room, Showers - Office
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes

Lot Info

  • Lot Size: CLO
  • Lot Size Sq Ft: 25091.0
  • Additional Parcels: No
  • Parcel #: 150-13-003-K
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 16761.9

Tax Info

  • Tax Annual Amount: 16761.9
  • Tax Book Number: 150.00
  • Tax Lot: 0
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Apr 27, 2017
Sold by
W N Management Llc
Bought by
Hope Of Life International Church
Seller's Agent
Laurie McCain
Laurie McCain Realty, L.L.C.
Buyer's Agent
John Omijie
West USA Realty
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%
Total Days on Market
447
Current Estimated Value
$1,059,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,776
Avg. Annual Appreciation
7.81%
Original Mortgage
$456,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 15, 2011
Sold by
City National Bank
Bought by
W N Management Llc

Purchase Details

Closed on
Dec 28, 2010
Sold by
Four Core Llc
Bought by
City National Bank

Purchase Details

Closed on
Jul 11, 2007
Sold by
Calais Development Llc
Bought by
Four Core Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2004
Sold by
Douglas Larry E and Douglas Alata J
Bought by
Douglas Kenneth E and Douglas Sheri L

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
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 1999
Sold by
Knight Joseph A
Bought by
Douglas Larry E and Douglas Alata J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.98%
Mortgage Type
Commercial
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
Hope Of Life International Church $575,000 First American Title Insuran
W N Management Llc $350,000 Fidelity Natl Title Ins Co
City National Bank $225,000 None Available
Four Core Llc $975,000 Fidelity National Title
Douglas Kenneth E -- Land Title Agency Of Az Inc
Douglas Larry E $525,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hope Of Life International Church $456,000
Previous Owner Four Core Llc $564,574
Previous Owner Four Core Llc $625,000
Previous Owner Four Core Llc $625,000
Previous Owner Douglas Kenneth E $350,000
Previous Owner Douglas Larry E $420,000
Closed Douglas Kenneth E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $575,000 -4.2% $72 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
01/12/2016 01/12/16 For Sale $600,000 -- $75 / 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 -- $166,152 -- --
2024 -- $158,240 -- --
2023 $0 $196,770 $27,090 $169,680
2022 $0 $176,505 $22,470 $154,035
2021 $0 $209,790 $26,964 $182,826
2020 $22,874 $214,002 $30,060 $183,942
2019 $606 $66,888 $26,586 $40,302
2018 $10,600 $70,596 $22,068 $48,528
2017 $10,546 $65,412 $21,420 $43,992
2016 $11,064 $66,564 $18,846 $47,718
2015 $16,762 $111,186 $14,967 $96,219
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Laurie McCain

    Laurie McCain Realty, L.L.C.

  • W

    Seller Co-Listing Agent in 2017

    Walt Redden

    Laurie McCain Realty, L.L.C.

  • J

    Buyer's Agent in 2017

    John Omijie

    West USA Realty

    (623) 326-3327

    5 Total Sales

    John Omijie
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5382082

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-13-003K

Arizona Maricopa County Phoenix 85051 North Mountain Village

8037 N 43rd Ave, Phoenix, AZ

This home is located at 8037 N 43rd Ave, Phoenix, AZ 85051 since 12 January 2016 and is currently estimated at $1,059,776, approximately $132 per square foot. This property was built in 1982. 8037 N 43rd Ave is a home located in Maricopa County with nearby schools including Manzanita Elementary School, Palo Verde Middle School, and Apollo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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