NOT LISTED FOR SALE

Estimated Value: $6,576,476

-- Bed
-- Bath
40,000 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 06, 2012

Last sale price $499,900 $12 Per Sq Ft

Est. 1,216% increase in value since last sale

Current estimated payment $39,024/month

544 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available

About This Home

As of December 2012

One of if not the largest Industrial warehouse here in the Verde Valley with a great location near two major arteries, HWY 260 and I-17. Built in 2006, it is an insulated 40,000 sq. ft. metal building with office space and an elevated loft of an additional 4,000 sq'. The building is approximately 58' high and has two 16'x16' overhead doors. Great for storage or distribution. Property has five bathrooms. There are currently has a septic system, no sewer in this area as of yet. Prior owner bankrupt, property now bank owned. Well maintained and clean.

Last Agent to Sell the Property

Damian Bruno

Coldwell Banker Realty License #BR555773000 Listed on: 05/12/2011

Coldwell Banker Realty

Co-Listed By

Danielle Giann

Coldwell Banker Realty License #SA561933000

Coldwell Banker Realty

Last Buyer's Agent

Danielle Giann

Coldwell Banker Realty License #SA561933000

Coldwell Banker Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 2006

Lot Details

  • Property is zoned C3

Home Design

  • 40,000 Sq Ft Home
  • Metal Roof
  • Metal Siding

Flooring

  • Carpet
  • Concrete

Utilities

  • Cooling Available
  • Heating Available
  • 220 Volts
  • Private Water Source
  • Master Water Meter
  • Septic Tank

Community Details

  • Ne Industries Com Pk Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40402024T

Property Details

Property Type

Other

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C3
  • Number Of Buildings: 1
  • Year Built: 2006
  • Tax Year: 2010
  • Co List Office Mls Id: CBFA02
  • Co List Office Phone: 928-284-0123
  • Subdivision Name: NE Industries Com Pk
  • Electric 220: Yes
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 40000.0

Exterior Features

  • Construction Type: Metal Siding
  • Roof: Metal
  • Construction:Metal: Yes

Utilities

  • Electric: 220 Volts, 3 Phase Power, Master Meter
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private, Master Meter
  • Sewer Septic Tank: Yes
  • Electric Master Meter: Yes
  • Main Cooling Other: Yes
  • 3 Phase Power: Yes

Lot Info

  • Parcel #: 40402024T

Tax Info

  • Tax Annual Amount: 29196.0
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2023
Sold by
Matura Jeffrey C
Bought by
1581 Boyles Llc
Current Estimated Value
$6,576,476

Purchase Details

Closed on
Jul 15, 2020
Sold by
Nabis Arizona Property Llc
Bought by
Verde Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2019
Sold by
Cobra Command Llc
Bought by
Nabis Arizona Property Llc

Purchase Details

Closed on
Sep 11, 2017
Sold by
Arizona Energy Industires Llc
Bought by
Cobra Command Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,125,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Listed on
May 12, 2011
Closed on
Nov 14, 2012
Sold by
Jpmorgan Chase Bank Na
Bought by
Arizona Energy Industries Llc
Seller's Agent
Damian Bruno
Coldwell Banker Realty
Buyer's Agent
Danielle Giann
Coldwell Banker Realty
List Price
$1,599,900
Sold Price
$499,900
Premium/Discount to List
-$1,100,000
-68.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.07%

Purchase Details

Closed on
Apr 5, 2011
Sold by
Northeast Industries Inc
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Feb 13, 1998
Sold by
A B C D Inc
Bought by
Baumgarner Donald E and Baumgarner Vickie L
Source: Public Records

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
1581 Boyles Llc $6,583,971 None Listed On Document
Verde Real Estate Llc $4,500,000 Thomas Title & Escrow
Nabis Arizona Property Llc $2,645,000 First American Title Ins Co
Cobra Command Llc $2,250,000 Yavapai Title
Arizona Energy Industries Llc $499,900 North American Title Company
Jpmorgan Chase Bank Na $1,065,658 None Available
Baumgarner Donald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verde Real Estate Llc $4,500,000
Previous Owner Cobra Command Llc $2,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2012 12/06/12 Sold $499,900 -68.8% $12 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
05/12/2011 05/12/11 For Sale $1,599,900 -- $40 / 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
2026 $55,214 -- -- --
2024 $29,440 -- -- --
2023 $55,190 $834,657 $33,497 $801,160
2022 $29,440 $376,637 $20,545 $356,092
2021 $30,946 $424,887 $20,545 $404,342
2020 $29,966 $0 $0 $0
2019 $29,340 $0 $0 $0
2018 $28,440 $0 $0 $0
2017 $27,084 $0 $0 $0
2016 $26,109 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 129982

Arizona Regional Multiple Listing Service (ARMLS)

APN: 404-02-024T