NOT LISTED FOR SALE

Estimated Value: $1,120,149

-- Bed
-- Bath
3,102 Sq Ft
$361/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $690,000 $222 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,096/month

44 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Desert Canyon Elementary School Rated A

About This Home

As of December 2018

Built in 2006, this 3,102 SF professional office space is beautifully appointed with custom upgrades. Stone features throughout, as well as, wood floors, rustic wood beams in entry and conference rooms, luxurious cabinetry, and floor to ceiling windows exposing gorgeous desert and mountain views. Interior includes reception desk/area, large conference room with custom built-ins, as well as a smaller conference room, approximately ten private offices with six built-in desks, office cubicles, copy room, wet bar, file room, telephone/server room and two individual accessible restrooms. Currently leased until December 31, 2019. Located in North Scottsdale, East of Loop 101 Freeway, this condo is in the Aquila at McDowell Mountain Office Complex. This property is a must see!

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 11/30/2018

Co-Listed By

Jason Butler

R.O.I. Properties License #BR545613000

Last Buyer's Agent

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 11/30/2018

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,721

Year Built

  • Built in 2006

Lot Details

  • 3,102 Sq Ft Lot
  • Property is zoned S-R

Home Design

  • 3,102 Sq Ft Home
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Public Parking
  • 4 Covered Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 217-73-444

Community Details

Overview

  • Aquila Mcdowell Mountain Condominium 1St Amd Subdivision

Building Details

  • Operating Expense $5,735
  • Net Operating Income $1

Property Details

Property Type

Other

Est. Annual Taxes

$5,721

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: E Bell Rd & N 100th St
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: S-R
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2006
  • Tax Year: 2018
  • Directions: Located in North Scottsdale, East of Loop 101 Freeway, in the Aquila at McDowell Mountain Office Complex.
  • Lot Size Acres: 0.07
  • Professional Management Expense: 1.0
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: AQUILA MCDOWELL MOUNTAIN CONDOMINIUM 1ST AMD
  • Structure Type: Other (See Remarks), Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Carpet, Ceramic Tile, Vinyl
  • Living Area: 3102.0

Exterior Features

  • Fencing: None
  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Block
  • Roof: Other
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Parking Lot, Paved
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features Paved Parking: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: Other (See Remarks), APS
  • Cooling: Office A/C
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks

Fee Information

  • Annual Fuel Expense: 1.0
  • Trash Expense: 1.0
  • Annual Water Sewer Expense: 1.0

Lot Info

  • Lot Size Sq Ft: 3102.0
  • Parcel #: 217-73-444

Multi Family

  • Electric Expense: 1.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1.0
  • Property Net Operating Income: 1.0
  • Annual Operating Expense: 5734.74
  • Vacancy Allowance Rate: 1.0

Tax Info

  • Tax Annual Amount: 5720.74
  • Tax Book Number: 217.00
  • Tax Lot: 130
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
Dec 4, 2018
Sold by
Dana Law Office Building Llc
Bought by
Mar Off 9933 Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Beth Jo Zeitzer
R.O.I. Properties
List Price
$700,000
Sold Price
$690,000
Premium/Discount to List
-$10,000
-1.43%
Current Estimated Value
$1,120,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,149
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Feb 28, 2007
Sold by
Eagle Custom Properties Llc
Bought by
Dana Law Office Building Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$948,000
Interest Rate
6.29%
Mortgage Type
Commercial
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
Mar Off 9933 Llc $690,000 Landmark Title Assurance Age
Dana Law Office Building Llc $784,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dana Law Office Building Llc $948,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2018 12/04/18 Sold $690,000 -1.4% $222 / Sq Ft
11/30/2018 11/30/18 For Sale $700,000 0.0% $226 / Sq Ft
11/30/2018 11/30/18 Price Changed $700,000 0.0% $226 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $700,000 -- $226 / 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 $2,794 $39,571 -- --
2024 $2,812 $38,864 -- --
2023 $2,812 $62,084 $12,410 $49,674
2022 $2,746 $56,123 $11,218 $44,905
2021 $3,001 $55,098 $11,016 $44,082
2020 $2,975 $52,956 $10,584 $42,372
2019 $2,871 $49,374 $9,864 $39,510
2018 $2,780 $43,866 $8,766 $35,100
2017 $2,662 $40,896 $8,172 $32,724
2016 $2,611 $36,126 $7,218 $28,908
2015 $2,554 $32,524 $6,494 $26,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5813741

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-73-444