NOT LISTED FOR SALE

Estimated Value: $487,189

-- Bed
-- Bath
1,344 Sq Ft
$362/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $213,000 $158 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,929/month

14 Days on Market

Highlights

  • Central Air
  • Carpet
  • 4-minute walk to Mt Elden Little League Field

About This Home

As of May 2014

Long time Xerox sales office. Open and fenced space would be great area to store equipment or commodoties. Quick access to I-40 and Rt. 66

Last Agent to Sell the Property

Thomas Kemnitz

Reckling Real Estate License #SA647091000 Listed on: 03/21/2014

Last Buyer's Agent

Jenifer Rose

eXp Realty License #BR629677000

eXp Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 1986

Lot Details

  • 6,750 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned Office

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • Carpet

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Public Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 107-05-001

Community Details

Amenities

  • Showroom

Building Details

  • Operating Expense $2,650
  • Gross Income $16,800
  • Net Operating Income $16,800

Property Details

Property Type

Other

Est. Annual Taxes

$2,650

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Main St. and Route 66 (Hwy 180 - Santa Fe Ave)
  • Legal Info Range: 05
  • Property Type: Comm/Industry Sale
  • Zoning: Office
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2013
  • Lot Size Acres: 0.16
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Showroom
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Showroom: Yes

Lot Info

  • Lot Size Sq Ft: 6750.0
  • Parcel #: 107-05-001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 16800.0
  • Property Net Operating Income: 16800.0
  • Annual Operating Expense: 2650.0
  • Leasable Area: 1344.0

Tax Info

  • Tax Annual Amount: 2650.0
  • Tax Book Number: 107.00
  • Tax Lot: N/A
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
May 21, 2014
Sold by
Madco Properties Llc
Bought by
Cullen Kelly E and Cullen Audrey S
Seller's Agent
Thomas Kemnitz
Reckling Real Estate
Buyer's Agent
Jenifer Rose
eXp Realty
List Price
$259,000
Sold Price
$213,000
Premium/Discount to List
-$46,000
-17.76%
Current Estimated Value
$487,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,189
Avg. Annual Appreciation
7.64%
Original Mortgage
$141,000
Outstanding Balance
$108,920
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
$376,734

Purchase Details

Closed on
Jan 26, 2007
Sold by
Kemnitz Thomas J and Kemnitz Mary T
Bought by
Madco Properties Llc

Purchase Details

Closed on
Jul 29, 1997
Sold by
Carpenters Union 408
Bought by
Kemnitz Thomas J and Kemnitz Mary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
7.42%
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
Cullen Kelly E $213,000 First Arizona Title Agency
Madco Properties Llc -- None Available
Kemnitz Thomas J $126,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cullen Kelly E $141,000
Previous Owner Kemnitz Thomas J $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $213,000 -17.8% $158 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $259,000 -- $193 / 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
2024 $3,130 $43,845 -- --
2023 $2,997 $39,719 $0 $0
2022 $2,997 $41,517 $0 $0
2021 $2,997 $39,277 $0 $0
2020 $2,913 $37,470 $0 $0
2019 $2,858 $33,117 $0 $0
2018 $2,780 $31,720 $0 $0
2017 $2,615 $28,525 $0 $0
2016 $2,630 $27,474 $0 $0
2015 $2,653 $28,041 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5088384

Arizona Regional Multiple Listing Service (ARMLS)

APN: 107-05-001