NOT LISTED FOR SALE

9432 N Cave Creek Rd Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $401,075

-- Bed
-- Bath
2,528 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 30, 2013

Last sale price $140,000 $55 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $2,463/month

23 Days on Market

Highlights

  • Central Air
  • Solar Pool Equipment
  • Concrete Flooring
  • Sunnyslope High School Rated A
  • Security Fence
  • Heating Available

About This Home

As of May 2013

An outstanding opportunity and a unbelievable location for a nice, clean & attractive a commercial C-3 property. Designed and currently used for as an automotive business, in this case a successful tire shop. Great tenant & business in place for immediate income. Location, location, location - this is it. Located among the capital of Phoenix's automobile retail & repair district. Outstanding ROI/Yield!!

Last Listed By

Richard Bazinet

West USA Realty License #SA570319000 Listed on: 04/04/2013

West USA Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,636

Year Built

  • Built in 1959

Lot Details

  • 6,418 Sq Ft Lot
  • Security Fence
  • Chain Link Fence
  • Property is zoned C-3

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 2,528 Sq Ft Home
  • Concrete Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Pool

  • Solar Pool Equipment

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 159-38-071-A

Community Details

Overview

  • Commercial Property Subdivision

Building Details

  • Operating Expense $3,236
  • Net Operating Income $16,800

Property Details

Property Type

Other

Est. Annual Taxes

$2,636

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: E Hachter Dr & N Cave Creek Rd.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Current Use: Automobile
  • Number Of Buildings: 1
  • Year Built: 1959
  • Tax Year: 2013
  • Directions: On West side of Cave Creek Rd.
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt
  • Subdivision Name: Commercial property
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Security, Chain Link
  • Pool Features: Solar Pool Equipment
  • Construction Type: Frame - Wood, Block
  • Roof: See Remarks, Built-Up
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 6418.0
  • Additional Parcels: No
  • Parcel #: 159-38-071-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 16800.0
  • Annual Operating Expense: 3236.0

Tax Info

  • Tax Annual Amount: 2636.0
  • Tax Book Number: 159.00
  • Tax Lot: 0
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
24 Broadway Llc
Bought by
9432 N Cave Creek Llc
Total Days on Market
23
Current Estimated Value
$401,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Outstanding Balance
$158,526
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$242,549

Purchase Details

Closed on
Feb 23, 2018
Sold by
Estate Of Bahjat H Ibrahim
Bought by
24 Broadway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$923,400
Interest Rate
3.99%
Mortgage Type
Unknown

Purchase Details

Listed on
Apr 4, 2013
Closed on
May 28, 2013
Sold by
Hunter William R
Bought by
Ibrahim Bahjat
Seller's Agent
Richard Bazinet
West USA Realty
Buyer's Agent
Richard Bazinet
West USA Realty
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
May 9, 2006
Sold by
Girl Girl Inc
Bought by
Hunter William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 1998
Sold by
Marzano Bernard J and Marzano Joan M
Bought by
Girl Girl Inc

Range of Values:

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Average Value
Not Available
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
9432 N Cave Creek Llc $235,000 Driggs Title Agency Inc
24 Broadway Llc $1,154,250 Commonwealth Land Title Insu
Ibrahim Bahjat $140,000 Stewart Title & Trust Of Pho
Hunter William R $375,000 Security Title Agency Inc
Girl Girl Inc $150,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 9432 N Cave Creek Llc $176,250
Previous Owner 24 Broadway Llc $923,400
Previous Owner Hunter William R $300,000
Previous Owner Girl Girl Inc $139,658
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2013 05/30/13 Sold $140,000 -12.5% $55 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $160,000 -- $63 / 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 $2,613 $20,716 -- --
2024 $2,643 $20,346 -- --
2023 $2,643 $25,245 $12,920 $12,325
2022 $2,632 $21,508 $10,255 $11,253
2021 $2,742 $21,744 $10,548 $11,196
2020 $2,674 $21,546 $10,422 $11,124
2019 $2,625 $20,520 $9,810 $10,710
2018 $2,556 $19,026 $8,640 $10,386
2017 $2,543 $18,918 $8,316 $10,602
2016 $2,497 $17,784 $8,226 $9,558
2015 $2,377 $14,838 $6,864 $7,974
Source: Public Records

Agents Affiliated with this Home

  • Richard Bazinet

    Seller's Agent in 2013

    Richard Bazinet

    West USA Realty

    (602) 300-7007

    1 in this area

    43 Total Sales

    Richard Bazinet
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4914611

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-38-071A

Arizona Maricopa County Phoenix 85020 North Central

9432 N Cave Creek Rd, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 9432 N Cave Creek Rd, Phoenix, AZ 85020 since 04 April 2013 and is currently estimated at $401,075, approximately $158 per square foot. This property was built in 1959. 9432 N Cave Creek Rd is a home located in Maricopa County with nearby schools including Sunnyslope Elementary School, Sunnyslope High School, and Montessori Day Public Schools Chartered - Mountainside.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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