NOT LISTED FOR SALE

Estimated Value: $825,860

-- Bed
-- Bath
7,511 Sq Ft
$110/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $550,000 $73 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,121/month

181 Days on Market

Highlights

  • 0.66 Acre Lot
  • Security Fence
  • Heating Available
  • Central Air
  • Concrete Flooring

About This Home

As of November 2019

Solid block construction building with open showroom w A/C. 5,000+ sft with 2,511 sft back warehouse /w evap cooling. 2 back up loading docks available with roll up doors. Fenced yard and plenty of parking. Property is being sold in as is condition. Seller Margarita Ghanooni is a licensed real estate agent. Seller's have minimal information on state of building, as it was acquired through family.

Last Agent to Sell the Property

Ricardo Cortazar

Coldwell Banker Realty License #BR524313000 Listed on: 05/24/2019

Last Buyer's Agent

Sam Vigil

US Investment Realty, LLC License #SA676418000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,387

Year Built

  • Built in 1974

Lot Details

  • 0.66 Acre Lot
  • Security Fence
  • Chain Link Fence
  • Property is zoned c2

Home Design

  • 7,511 Sq Ft Home
  • Metal Roof
  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces
  • Private Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heating Available
  • 220 Volts

Community Details

  • Thorco 4 Addition Subdivision
  • Operating Expense $9,387

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 149-38-513

Property Details

Property Type

Other

Est. Annual Taxes

$9,387

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 43rd avenue and dunlap
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: c2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2018
  • Lot Size Acres: 0.66
  • Road Surface Type: Asphalt
  • Subdivision Name: THORCO 4 ADDITION
  • Structure Type: Commercial
  • Electric 220: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 7511.0

Exterior Features

  • Fencing: Security, Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam, Metal, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 25.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: 220 Volts, SRP
  • Cooling: Central A/C, Warehouse Evap
  • Heating: Electric
  • Water Source: None
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 28898.0
  • Parcel #: 149-38-513
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 9387.0

Tax Info

  • Tax Annual Amount: 9387.0
  • Tax Book Number: 149.00
  • Tax Lot: 3
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Oct 22, 2019
Sold by
Behboodi Dean R and Behboodi Farideh
Bought by
Davenport Family Properties Llc
Seller's Agent
Ricardo Cortazar
Coldwell Banker Realty
Buyer's Agent
Sam Vigil
US Investment Realty, LLC
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Current Estimated Value
$825,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,860
Avg. Annual Appreciation
6.90%
Original Mortgage
$425,000
Outstanding Balance
$373,080
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$452,780

Purchase Details

Closed on
Mar 16, 2017
Sold by
Behboodikhah Dean R and Behboodikhah Farideh
Bought by
Behboodi Dean R and Behboodi Farideh

Purchase Details

Closed on
Oct 24, 2014
Sold by
Ghanooni Rony B and Ghanooni Rony B
Bought by
Ghanooni Rony B and Ghanooni Margarita M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davenport Family Properties Llc $550,000 Equity Title Agency Inc
Behboodi Dean R -- None Available
Ghanooni Rony B -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davenport Family Properties Llc $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2019 11/01/19 Sold $550,000 -8.3% $73 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $600,000 0.0% $80 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $600,000 -- $80 / 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 $9,276 $72,994 -- --
2024 $9,313 $71,691 -- --
2023 $9,313 $70,346 $23,392 $46,954
2022 $9,343 $69,476 $26,163 $43,313
2021 $10,040 $70,200 $26,910 $43,290
2020 $9,819 $68,994 $26,010 $42,984
2019 $9,639 $70,434 $27,630 $42,804
2018 $9,387 $61,128 $20,520 $40,608
2017 $9,340 $62,550 $19,728 $42,822
2016 $9,170 $58,734 $20,016 $38,718
2015 $8,728 $55,001 $21,645 $33,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5906142

Arizona Regional Multiple Listing Service (ARMLS)

APN: 149-38-513