$3,400
SOLD DEC 20, 2018

9299 W Olive Ave Unit 802 Peoria, AZ 85345

-- Bed
-- Bath
3,105 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$1 Per Sq Ft

339,900% Above List Price

136 Days on Market

Highlights

  • Meeting Room
  • Concrete Flooring
  • Heating Available

About This Home

As of June 2021

Furnished, Clean, Insulated & Air-conditioned throughout including warehouse and mezzanine.
Office/Warehouse condo located in Olive Avenue Business Park in Peoria.
Unit 802 faces Loop 101 providing great visibility with large shared parking area.
ALL air-conditioned almost 3105 SQFT of space comes with reception area, bathroom, 4 offices (one of which can be used as a meeting room), PLUS, one very large meeting room, comes with ALL office furniture.

Class B Multi-tenancy complex was built in 2006.
Warehouse/showroom area comes with custom built storage shelves and it is fully air conditioned with 22' ceilings, one grade level INSULATED door 12' wide x 14' high; 220 amp/208V/3phase. Unit is vacant. Call listing agent to get more info and leasing details.

Last Agent to Sell the Property

Ben Tosuner

West USA Realty License #BR669125000 Listed on: 08/06/2018

West USA Realty

Last Buyer's Agent

Courtney Neugart

My Home Group Real Estate License #SA579559000

My Home Group Real Estate

Property Details

Property Type

  • Other

Year Built

  • Built in 2006

Lot Details

  • Block Wall Fence
  • Property is zoned IP - BPI

Home Design

  • Tilt Up Walls
  • Wood Frame Construction
  • Foam Roof

Interior Spaces

  • 3,105 Sq Ft Home
  • Concrete Flooring

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Heating Available
  • 220 Volts

Listing and Financial Details

  • Property Available on 8/6/18
  • Tenant pays for electricity, exterior repair, fire insurance-bldg, contents insurance, glass insurance, liability insurance, janitorial service, common area maintenance, capital improvements, parking area maint, taxes
  • Tax Lot 84
  • Assessor Parcel Number 142-55-639

Community Details

Overview

  • Olive Ave Business Park Condo Bldgs 7 & 8 Replat Subdivision

Amenities

  • Meeting Room
  • Showroom
  • Reception Area

Property Details

Property Type

Other

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: Loop 101 and Olive Avenue
  • Legal Info Range: 1E
  • Property Type: Comm/Industry Lease
  • Zoning: IP - BPI
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 0
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 3105
  • Year Built: 2006
  • Tax Year: 2017
  • Directions: West of Loop 101 & South of Olive Ave. Unit 802 Building 8 faces Loop 101 on South end of complex
  • Road Surface Type: Private Street, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: OLIVE AVE BUSINESS PARK CONDO BLDGS 7 & 8 REPLAT
  • Structure Type: Commercial, Industrial, Office, Distribution/Warehse
  • Electric 220: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 3105.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Frame - Wood, Tilt-Up
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Tilt-Up: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 50.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 50.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: 220 Volts, APS, 3 Phase Power
  • Cooling: Office A/C, Warehouse A/C
  • Heating: Office Heated, Warehouse Heated, Electric
  • Green Building Features: Other (See Remarks), Conference Room, Reception Room, Clean Room, Showroom
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Office Heated: Yes
  • Heating:Warehouse Heated: Yes
  • 3 Phase Power: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Other (See Remarks)32: Yes
  • Amenities:Showroom: Yes
  • Amenities:Clean Room: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 142-55-639

Rental Info

  • Available Date: 2018-08-06

Multi Family

  • Owner Pays: None
  • Tenant Pays: Electricity, Exterior Repair, Fire Insurance-Bldg, Contents Insurance, Glass Insurance, Liability Insurance, Janitorial Service, Common Area Maintenance, Capital Improvements, Parking Area Maint, Taxes
  • Existing Lease Type: NNN, Deposit Required, CPI Clause
  • Leasable Area: 3105.0

Tax Info

  • Tax Annual Amount: 3100.0
  • Tax Book Number: 142.00
  • Tax Lot: 84
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jun 7, 2021
Sold by
Campillo Jorge
Bought by
Lucas Property One Llc
Seller's Agent
Ben Tosuner
West USA Realty
Buyer's Agent
Ben Tosuner
West USA Realty
List Price
$479,000
Sold Price
$463,000
Premium/Discount to List
-$16,000
-3.34%
Current Estimated Value
$529,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,104
Avg. Annual Appreciation
3.21%
Original Mortgage
$185,200
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jun 3, 2021
Sold by
Campillo Jorge
Bought by
Lucas Property One Llc
Seller's Agent
Ben Tosuner
West USA Realty
Buyer's Agent
Ben Tosuner
West USA Realty
List Price
$479,000
Sold Price
$463,000
Premium/Discount to List
-$16,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2018
Closed on
Jul 10, 2018
Sold by
Diego Deidamia Penagos
Bought by
Campillo Jorge
Seller's Agent
Thomas Ellis
Ellis/Arnold & Associates L.L.C.
Buyer's Agent
Ben Tosuner
West USA Realty
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%

Purchase Details

Closed on
Sep 9, 2015
Sold by
Safe Space Solutions Corporation
Bought by
Amkal Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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 Type Sale Price Title Company
Warranty Deed $463,000 American Title Company
Warranty Deed $463,000 American Title Svc Agcy Llc
Deed -- American Title Service Agenc
Warranty Deed $350,000 American Title Service Agenc
Warranty Deed $300,000 Great Amer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 Small Business Administration
Closed $185,200 New Conventional
Closed $231,500 New Conventional
Closed $231,500 Commercial
Closed $185,200 Commercial
Previous Owner $270,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $463,000 -3.3% $149 / Sq Ft
01/08/2021 01/08/21 For Sale $479,000 +13988.2% $154 / Sq Ft
12/20/2018 12/20/18 Sold $3,400 +339900.0% $1 / Sq Ft
08/06/2018 08/06/18 For Sale $1 -100.0% $0 / Sq Ft
07/12/2018 07/12/18 Sold $350,000 -4.1% $115 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $365,000 -- $120 / 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 $2,713 $28,953 -- --
2024 $2,820 $28,436 -- --
2023 $2,820 $54,417 $10,880 $43,537
2022 $2,846 $46,866 $9,363 $37,503
2021 $3,065 $46,116 $9,216 $36,900
2020 $3,085 $45,036 $9,000 $36,036
2019 $2,992 $41,544 $8,298 $33,246
2018 $2,902 $35,460 $7,092 $28,368
2017 $2,895 $32,580 $6,516 $26,064
2016 $2,861 $26,910 $5,382 $21,528
2015 $2,736 $22,959 $4,588 $18,371
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5803095

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-55-639