NOT LISTED FOR SALE

8560 E Shea Blvd Unit 130 Scottsdale, AZ 85260

Estimated Value: $686,593

-- Bed
-- Bath
1,619 Sq Ft
$424/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $388,000 $240 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,104/month

120 Days on Market

Highlights

  • Community Kitchen
  • Partially Fenced Property
  • Heat Pump System
  • Cochise Elementary School Rated A

About This Home

As of November 2017

OFFICE/MEDICAL SPACE AVAILABLE FOR SALE IN IDEAL SCOTTSDALE LOCATION!!! Beautifully appointed professional office space. Granite counters, travertine/laminate floors, kitchenette, break/conference room, and lots of storage in attic (approx. 600sf)

Popular Scottsdale Professionals on Shea 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 restaurants and retail amenities. Honor Health Scottsdale Shea Medical Center located within a mile. Nearly a dozen hotels within 3 miles.

Last Agent to Sell the Property

Irene Gurczak

MCO Realty License #SA633216000 Listed on: 07/11/2017

Co-Listed By

John Gurczak

MCO Realty License #SA665896000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,335

Year Built

  • Built in 2005

Lot Details

  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned Commercial

Home Design

  • 1,619 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Heat Pump System

Listing and Financial Details

  • Tax Lot A130
  • Assessor Parcel Number 175-64-022

Community Details

Amenities

  • Community Kitchen
  • Meeting Room

Additional Features

  • Scottsdale Professionals On Shea Condominium Subdivision
  • Operating Expense $3,335

Property Details

Property Type

Other

Est. Annual Taxes

$3,335

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Shea and Loop 101 (Pima Freeway) to E. Shea Blvd W
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2005
  • Tax Year: 2016
  • Directions: 101 to Shea, west to entrance just past Pima Crossing shopping center traffic light. Unit in 8560 Bdg, NW corner #130.
  • Road Surface Type: Asphalt, Dedicated Street, Private Street, Sidewalk(s)
  • Co List Office Mls Id: cbrb06
  • Co List Office Phone: 480-951-1010
  • Subdivision Name: SCOTTSDALE PROFESSIONALS ON SHEA CONDOMINIUM
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1619.0

Exterior Features

  • Fencing: Block, Partial
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Stucco
  • Roof: Tile, Foam
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C
  • Heating: Heat Pump, Electric
  • Green Building Features: Other (See Remarks), Conference Room, Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Parcel #: 175-64-022

Multi Family

  • Annual Operating Expense: 3335.0
  • Leasable Area: 1619.0

Tax Info

  • Tax Annual Amount: 3335.0
  • Tax Book Number: 175.00
  • Tax Lot: A130
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2017
Closed on
Nov 28, 2017
Sold by
Magic Kids Llc
Bought by
Desert Sun Property Llc
Seller's Agent
Irene Gurczak
MCO Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$399,900
Sold Price
$388,000
Premium/Discount to List
-$11,900
-2.98%
Current Estimated Value
$686,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,593
Avg. Annual Appreciation
7.82%
Original Mortgage
$288,000
Outstanding Balance
$244,365
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$442,228

Purchase Details

Closed on
Dec 18, 2012
Sold by
Farricielli Laurie A
Bought by
Magic Kids Llc

Purchase Details

Closed on
Sep 28, 2012
Sold by
Malla John
Bought by
Farricielli Laurie A

Purchase Details

Closed on
Sep 27, 2012
Sold by
Bear Street Llc
Bought by
Farricielli Laurie A

Purchase Details

Closed on
Oct 16, 2007
Sold by
Palmer/Hart Building Group Inc
Bought by
Scottsdale Profesionals On Shea Llc

Purchase Details

Closed on
Mar 31, 2006
Sold by
Scottsdale Professionals On Shea Llc
Bought by
Bear Street Llc and Hartrod Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.25%
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
Desert Sun Property Llc $388,000 First American Title Insuran
Magic Kids Llc -- None Available
Farricielli Laurie A -- First American Title Insuran
Farricielli Laurie A $310,000 First American Title Insuran
Scottsdale Profesionals On Shea Llc -- First American Title
Bear Street Llc $360,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desert Sun Property Llc $288,000
Previous Owner Bear Street Llc $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $388,000 -3.0% $240 / Sq Ft
07/11/2017 07/11/17 For Sale $399,900 -- $247 / 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 $3,527 $50,544 -- --
2024 $3,592 $49,642 -- --
2023 $3,592 $64,005 $12,801 $51,204
2022 $3,508 $58,625 $11,725 $46,900
2021 $3,833 $59,004 $11,790 $47,214
2020 $3,800 $57,060 $11,412 $45,648
2019 $3,667 $52,776 $10,548 $42,228
2018 $3,551 $48,024 $9,594 $38,430
2017 $3,400 $45,846 $9,162 $36,684
2016 $3,334 $47,160 $9,432 $37,728
2015 $3,262 $41,311 $8,251 $33,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5631648

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-64-022