NOT LISTED FOR SALE

8654 E Topaz Dr Gold Canyon, AZ 85118

Estimated Value: $642,974

-- Bed
-- Bath
3,836 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $650,000 $169 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,113/month

55 Days on Market

Highlights

  • 0.93 Acre Lot
  • Concrete Flooring
  • Heat Pump System
  • Community Kitchen

About This Home

As of May 2024

Rare Opportunity to acquire the Real Estate of a +/- 3,836 SF Turn-Key
Bar/Restaurant in Gold Canyon, AZ. Featuring a beautiful backdrop of the
Superstition Mountains, this Retail building was heavily renovated in 2018 to
create a sizable, charming patio on this oversized +/- 40,402 SF Lot. Easy retail conversion for various potential uses.

WELL MAINTAINED- 2018 ROOF REPLACEMENT AND SUBSTANTIAL
RENOVATIONS CONVENIENTLY LOCATED ACROSS THE STREET FROM DINOSAUR
MOUNTAIN GOLF COURSE AND SECONDS FROM HIGHWAY 60-
SUPERSTITION FREEWAY
FEATURES A FULL KITCHEN WITH WALK IN COOLER/FREEZER AND FULL
BAR SET UP

Last Agent to Sell the Property

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 03/04/2024

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,898

Year Built

  • Built in 2002

Lot Details

  • 0.93 Acre Lot
  • Property is zoned CB-2

Home Design

  • Wood Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,836 Sq Ft Home
  • Concrete Flooring

Parking

  • 45 Open Parking Spaces
  • 45 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Heat Pump System

Community Details

  • S8 T1s R9e Subdivision
  • Community Kitchen
  • Operating Expense $8,898

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 104-66-026-B

Property Details

Property Type

Other

Est. Annual Taxes

$8,898

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Cross Street: S. Kings Ranch Road & US-60
  • Legal Info Range: 9E
  • Property Type: Comm/Industry Sale
  • Zoning: CB-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2002
  • Tax Year: 2023
  • Lot Size Acres: 0.93
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: S8 T1S R9E
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Concrete
  • Living Area: 3836.0

Exterior Features

  • Fencing: None
  • Disclosures: Other (See Remarks), Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Stucco, Block
  • Roof: See Remarks
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 45.0
  • Total Parking Spaces: 45.0
  • General Property Description:Uncvrd Parking Spcs: 45.0
  • General Property Description:Total Parking Spcs: 45.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Office A/C
  • Heating: Heat Pump, Electric
  • Green Building Features: Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 40432.0
  • Parcel #: 104-66-026-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 8898.0
  • Leasable Area: 3836.0

Tax Info

  • Tax Annual Amount: 8898.0
  • Tax Book Number: 104.00
  • Tax Lot: 1
  • Tax Map Number: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
May 21, 2024
Sold by
Wahoos Inc
Bought by
Maggie Liao Trust and Liao
Seller's Agent
Jim Lieberthal
Cutler Commercial
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Views
20
Current Estimated Value
$642,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,026
Avg. Annual Appreciation
-0.73%
Original Mortgage
$150,000
Outstanding Balance
$87,094
Interest Rate
6.82%
Mortgage Type
Seller Take Back
Estimated Equity
$555,880

Purchase Details

Closed on
Aug 1, 2022
Sold by
Shonda Meitler Living Trust
Bought by
Wahoos Inc

Purchase Details

Listed on
Jul 17, 2017
Closed on
Nov 13, 2017
Sold by
Ryan Michael
Bought by
Wahoos Inc
Seller's Agent
Jon Hammond
Keller Williams Realty Sonoran Living
Buyer's Agent
Danny Baker
Russ Lyon Sotheby's International Realty
List Price
$249,000
Sold Price
$226,000
Premium/Discount to List
-$23,000
-9.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.04%
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
Maggie Liao Trust $650,000 Empire Title
Wahoos Inc -- None Listed On Document
Wahoos Inc $226,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maggie Liao Trust $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $650,000 -3.7% $169 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $675,000 +198.7% $176 / Sq Ft
12/01/2017 12/01/17 Sold $226,000 -9.2% $59 / Sq Ft View Prior Sale
12/01/2017 12/01/17 For Sale $249,000 0.0% $65 / Sq Ft
12/01/2017 12/01/17 Price Changed $249,000 0.0% $65 / Sq Ft
07/12/2017 07/12/17 For Sale $249,000 -- $65 / 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 $8,775 -- -- --
2024 $8,791 -- -- --
2023 $8,900 $68,750 $10,209 $58,541
2022 $8,791 $65,531 $10,209 $55,322
2021 $9,224 $69,415 $0 $0
2020 $8,987 $69,314 $0 $0
2019 $7,168 $26,189 $0 $0
2018 $16,201 $109,329 $0 $0
2017 $16,977 $112,079 $0 $0
2016 $16,709 $52,340 $52,340 $52,340
2014 $16,728 $51,488 $20,256 $31,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6672058

Arizona Regional Multiple Listing Service (ARMLS)

APN: 104-66-026B