NOT LISTED FOR SALE

Estimated Value: $463,512

-- Bed
-- Bath
5,541 Sq Ft
$84/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $4,000 $1 Per Sq Ft

Est. 11,488% increase in value since last sale

Current estimated payment $2,740/month

23 Days on Market

Highlights

  • Concrete Flooring
  • Sunnyslope High School Rated A
  • Heat Pump System

About This Home

As of November 2024

This versatile commercial property spans 8,712 square feet, zoned C3, making it ideal for a body shop and paint shop with a dedicated paint booth, ensuring a professional environment for auto restoration and repairs. The facility includes a spacious dealership area to showcase vehicles, along with a flexible office space that can adapt to various business needs, from administrative tasks to customer service. With ample parking and a strategic location, this property is designed to support both automotive and commercial ventures, providing the ultimate foundation for success.

Last Agent to Sell the Property

Josef Babadzhanov

eXp Realty License #SA706599000 Listed on: 09/27/2024

eXp Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1965

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned C3

Home Design

  • Block Exterior
  • Metal Siding

Interior Spaces

  • 5,541 Sq Ft Home
  • Concrete Flooring

Parking

  • 5 Open Parking Spaces
  • 15 Parking Spaces
  • 10 Covered Spaces
  • Private Parking
  • Free Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Heat Pump System

Community Details

  • 2 Buildings

Listing and Financial Details

  • Property Available on 9/27/24
  • Tenant pays for trash collection, electricity, water
  • Assessor Parcel Number 159-36-135-A

Property Details

Property Type

Other

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: CAVE CREEK AND 8th STREET
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C3
  • Number Of Buildings: 2
  • Lease Info Annual Lse Prc P S F: 1.9
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 0
  • Lease Info Space Divisible: No
  • Year Built: 1965
  • Tax Year: 2023
  • Lot Size Acres: 0.2
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 5541.0

Exterior Features

  • Disclosures: None
  • Construction Type: Metal Siding, Block
  • Roof: See Remarks
  • Construction:Block: Yes
  • Construction:Metal: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Paved Parking, Private Parking, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 15.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C
  • Heating: Heat Pump, Office Heated, Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Office Heated: Yes

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Additional Parcels: No
  • Parcel #: 159-36-135-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2024-09-27

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water
  • Existing Lease Type: NNN
  • Leasable Area: 4500.0

Tax Info

  • Tax Annual Amount: 3610.0
  • Tax Book Number: 159.00
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2018
Sold by
Red Jimmy Harold and Red Bonnie Sue
Bought by
Ar Baba Llc
Current Estimated Value
$463,512

Purchase Details

Closed on
Nov 13, 2007
Sold by
Harwood Stephen
Bought by
Red Jimmy Harold and Red Bonnie Sue

Purchase Details

Closed on
Sep 3, 2003
Sold by
Klycheff James D and Klycheff Shirley J
Bought by
Harwood Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2003
Sold by
Harwood Marci Lynn
Bought by
Harwood Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.71%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ar Baba Llc $260,000 Great American Title Agency
Red Jimmy Harold -- Lawyers Title Insurance Corp
Harwood Stephen $190,000 First American Title Ins Co
Harwood Stephen -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harwood Stephen $190,000
Previous Owner Harwood Stephen $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $4,000 -11.1% $1 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $4,500 -- $1 / 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 $3,596 $28,296 -- --
2024 $3,610 $27,791 -- --
2023 $3,610 $36,465 $12,954 $23,511
2022 $3,595 $33,041 $11,323 $21,718
2021 $3,746 $33,318 $11,646 $21,672
2020 $3,652 $33,642 $12,042 $21,600
2019 $3,585 $34,722 $10,836 $23,886
2018 $3,491 $30,276 $9,774 $20,502
2017 $3,474 $26,100 $9,414 $16,686
2016 $3,411 $24,282 $9,126 $15,156
2015 $3,246 $20,554 $7,715 $12,839
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6762908

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-36-135A