NOT LISTED FOR SALE

Estimated Value: $451,835

Studio
-- Bath
1,200 Sq Ft
$377/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $444,000 $370 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,514/month

123 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available

About This Home

As of November 2024

An uncommon and great opportunity to own a building in this vibrant commercial subdivision in the Village of Oak Creek. The permitted uses are neighborhood sales and services. The building is divided into a reception area, several rooms, a kitchenette and two bathrooms, one ADA. A second, residential story is permitted. There is an alley in the rear for access and the property has 4.9 allocated, undefined parking spaces. The subdivision is not part of VOCA and the business is not included.
The CAP rate is estimated at 4.6%.

Last Agent to Sell the Property

Kimbeth McDermott

Coldwell Banker Realty License #BR568615000 Listed on: 06/25/2024

Coldwell Banker Realty

Co-Listed By

Andrew Brearley

Coldwell Banker Realty License #BR006410000

Last Buyer's Agent

Lisa Frost

Coldwell Banker Realty License #BR116904000

Coldwell Banker Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,646

Year Built

  • Built in 1989

Lot Details

  • Property is zoned C1-2.

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • Concrete Flooring

Utilities

  • Central Air
  • Heating Available
  • Private Water Source

Community Details

  • Building Dimensions are 40x60 feet.
  • Bell Rock Plaza Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 40527297

Property Details

Property Type

Other

Est. Annual Taxes

$1,646

Year Built

Built in 1989

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C1-2.
  • Number Of Buildings: 1
  • Year Built: 1989
  • Tax Year: 2023
  • Co List Office Mls Id: cbrb05
  • Co List Office Phone: 928-282-4666
  • Subdivision Name: Bell Rock Plaza
  • Construction Brick: Yes
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 1200.0
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Construction Type: Wood Frame, Stucco, Brick
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air
  • Heating: Electric
  • Green Building Features: Physcl Chlgd (SRmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private, Individual Meter
  • Heating:Electric: Yes

Lot Info

  • Lot Size: 40x60 feet.
  • Parcel #: 40527297

Tax Info

  • Tax Annual Amount: 1646.0
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Nov 12, 2024
Sold by
Malik Empire Properties Llc
Bought by
Aqua Lino Llc
Seller's Agent
Kimbeth McDermott
Coldwell Banker Realty
Buyer's Agent
Lisa Frost
Coldwell Banker Realty
List Price
$469,000
Sold Price
$444,000
Premium/Discount to List
-$25,000
-5.33%
Current Estimated Value
$451,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,835
Avg. Annual Appreciation
1.30%
Original Mortgage
$403,324
Outstanding Balance
$399,309
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$52,526

Purchase Details

Closed on
Feb 13, 2012
Sold by
Cr Sedona Llc
Bought by
Malik Empire Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 24, 2005
Sold by
Baghdadi Jeannie
Bought by
Cr Sedona Llc

Purchase Details

Closed on
Dec 18, 2001
Sold by
National Bank Of Arizona
Bought by
Baghdadi Jeannie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 1998
Sold by
Adventure Security Trust
Bought by
National Bank Of Arizona

Purchase Details

Closed on
Apr 16, 1996
Sold by
The Freedom Development Trust
Bought by
The Adventure Security Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,500
Interest Rate
7.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 5, 1996
Sold by
Ceplenski Donald S and Ceplenski Joyce A
Bought by
The Adventure Security Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,500
Interest Rate
7.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 18, 1995
Sold by
Francis Steve and Francis Marie C
Bought by
The Freedom Development Trust

Purchase Details

Closed on
Apr 8, 1991
Sold by
Green Foy Wallace and Green Sadie Nelle
Bought by
Francis Steve and Francis Marie C
Source: Public Records
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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
Aqua Lino Llc $444,000 Stewart Title & Trust Of Phoen
Malik Empire Properties Llc $280,000 Stewart Title
Cr Sedona Llc $289,000 Capital Title Agency
Baghdadi Jeannie $200,000 Capital Title Agency
National Bank Of Arizona $150,000 Capital Title Agency
The Adventure Security Trust -- --
The Adventure Security Trust -- --
The Freedom Development Trust -- --
Francis Steve -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aqua Lino Llc $403,324
Previous Owner Malik Empire Properties Llc $252,000
Previous Owner Baghdadi Jeannie $150,000
Previous Owner The Adventure Security Trust $18,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $444,000 -5.3% $370 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $469,000 -- $391 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,644 -- -- --
2024 $1,646 -- -- --
2023 $1,646 $28,613 $8,861 $19,752
2022 $1,664 $23,775 $7,655 $16,120
2021 $1,736 $20,505 $6,124 $14,381
2020 $1,736 $0 $0 $0
2019 $1,719 $0 $0 $0
2018 $1,641 $0 $0 $0
2017 $1,830 $0 $0 $0
2016 $1,835 $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: 536464

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-27-297

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