NOT LISTED FOR SALE

8428 E Shea Blvd Unit 101 Scottsdale, AZ 85260

Estimated Value: $1,481,987

-- Bed
-- Bath
2,950 Sq Ft
$502/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $486,750 $165 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $8,705/month

53 Days on Market

Highlights

  • Central Air
  • Partially Fenced Property
  • Heating Available
  • Cochise Elementary School Rated A

About This Home

As of April 2015

OFFICE/MEDICAL SPACE AVAILABLE FOR SALE OR LEASE IN IDEAL SCOTTSDALE LOCATION!!! Quality architectural design. Sale of individual condos or entire building. Parking: 5:1,000 SF (3 covered, 10 free surface). Median Income within 1 mile is $75,579. Popular Sundown Ranch offices with direct frontage on Shea Boulevard and easy access to Loop 101. Close proximity to Pima Crossing Shopping Center and Scottsdale Fiesta with numerous restaurant and retail amenities. Scottsdale Healthcare Shea located within a mile. Nearly a dozen hotels within 3 miles.

Last Agent to Sell the Property

David Genovese

Avison Young License #BR032969000 Listed on: 02/27/2015

Last Buyer's Agent

John Zook

West USA Realty License #SA646214000

West USA Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,332

Year Built

  • Built in 2001

Lot Details

  • 2,950 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned S-R

Home Design

  • 2,950 Sq Ft Home
  • Wood Frame Construction
  • Metal Siding

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Offices At Sundown Ranch Condominium Subdivision
  • Operating Expense $5,332

Listing and Financial Details

  • Tax Lot D101
  • Assessor Parcel Number 175-29-104

Property Details

Property Type

Other

Est. Annual Taxes

$5,332

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Cross Street: W/NWC E. Shea Blvd. & N. 85 Place
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: S-R
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 2001
  • Tax Year: 2014
  • Directions: Loop 101 (Pima Freeway) to E. Shea Boulevard west.
  • Lot Size Acres: 0.07
  • Road Surface Type: Asphalt
  • Subdivision Name: Offices at Sundown Ranch Condominium
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame - Wood, Metal Siding
  • Roof: Other, See Remarks
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 2950.0
  • Additional Parcels: No
  • Parcel #: 175-29-104
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5331.64
  • Leasable Area: 2950.0

Tax Info

  • Tax Annual Amount: 5331.64
  • Tax Book Number: 175.00
  • Tax Lot: D101
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2022
Sold by
Jrg Living Trust
Bought by
Fml Holdings Llc
Total Days on Market
53
Current Estimated Value
$1,481,987

Purchase Details

Closed on
Jun 9, 2022
Sold by
Osf Shea 8428 Llc
Bought by
Jrg Living Trust

Purchase Details

Closed on
Jun 8, 2022
Sold by
Osf Shea 8428 Llc
Bought by
Jrg Living Trust

Purchase Details

Closed on
May 31, 2019
Sold by
Osi Global Services Inc
Bought by
Osf Shea 8428 Llc

Purchase Details

Listed on
Feb 27, 2015
Closed on
May 8, 2015
Sold by
Jou Liz
Bought by
Osi Global Services Inc
Seller's Agent
David Genovese
Avison Young
Buyer's Agent
John Zook
West USA Realty
List Price
$531,000
Sold Price
$486,750
Premium/Discount to List
-$44,250
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%

Purchase Details

Listed on
Feb 27, 2015
Closed on
Apr 29, 2015
Sold by
Cactus Realty Ventures Llc
Bought by
Jou Liz
Seller's Agent
David Genovese
Avison Young
Buyer's Agent
John Zook
West USA Realty
List Price
$531,000
Sold Price
$486,750
Premium/Discount to List
-$44,250
-8.33%

Purchase Details

Closed on
Mar 16, 2005
Sold by
Chernecki Properties Lp
Bought by
Schwab Louis H and Schwab Jackie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5.61%
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
Fml Holdings Llc $1,300,000 Grand Canyon Title
Jrg Living Trust $1,000,000 Grand Canyon Title
Jrg Living Trust $1,000,000 Grand Canyon Title
Osf Shea 8428 Llc -- None Available
Osi Global Services Inc -- First American Title Ins Co
Jou Liz $486,750 First American Title Ins Co
Schwab Louis H $1,720,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwab Louis H $860,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $486,750 -8.3% $165 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $531,000 -- $180 / 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 $5,768 $82,671 -- --
2024 $5,874 $81,194 -- --
2023 $5,874 $106,522 $21,301 $85,221
2022 $5,737 $96,478 $19,285 $77,193
2021 $6,270 $97,344 $19,458 $77,886
2020 $6,215 $94,860 $18,972 $75,888
2019 $5,997 $87,354 $17,460 $69,894
2018 $5,807 $78,624 $15,714 $62,910
2017 $5,562 $75,690 $15,138 $60,552
2016 $5,454 $78,840 $15,768 $63,072
2015 $5,335 $67,544 $13,505 $54,039
Source: Public Records

Agents Affiliated with this Home

  • David Genovese

    Seller's Agent in 2015

    David Genovese

    Avison Young

    (480) 994-8155

    Section Image
  • John Zook

    Buyer's Agent in 2015

    John Zook

    West USA Realty

    (602) 421-5600

    39 Total Sales

    John Zook
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5242713

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-29-104

Arizona Maricopa County Scottsdale 85260

8428 E Shea Blvd Unit 101, Scottsdale, AZ

This home is located at 8428 E Shea Blvd Unit 101, Scottsdale, AZ 85260 since 27 February 2015 and is currently estimated at $1,481,987, approximately $502 per square foot. This property was built in 2001. 8428 E Shea Blvd Unit 101 is a home located in Maricopa County with nearby schools including Cochise Elementary School, Cocopah Middle School, and Chaparral 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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