$1,550,000
Fountain Hills, AZ 85268
MLS# 4635222
Status: Closed

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Property Description
The only Class A office building in Fountain Hills with underground secured parking.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,550,000
Sold Price: $1,550,000
Status: Closed
List Date: 2011-08-19
Location, Tax & Legal
Assessor's Map #: 6
Legal Description (Abbrev): LAKEVIEW CENTRE
Assessor's Parcel #: 955
Add'l Parcels: No
Tax Municipality: Fountain Hills
Census Tract: 216818
Taxes: 44236
Legal: LAKEVIEW CENTRE MCR 400-23, Lot 2
Map Code/Grid: L41
House Number: 16930
Compass: E
Street Name: PALISADES
St Suffix: Boulevard
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
Zip4: 4006
County Code: Maricopa
Subdivision: Lakeview Centre
Assessor Number: 176-06-955
Tax Year: 2010
General Property Description
Type of Property: Professional Office Building
Ttl Apx SqFt Bldg: 24479
Ttl Apx Net Rnt Spc: 23398
# of Buildings: 2
Uncvrd Parking Spcs: 33
Year Built: 2000
Zoning: C-2
Legal Info
Range: 6E
Section: 14
Township: 3N
Lot Number: 2
Construction
Block: 1
Roofing
Rolled: 1
Floors
Ceramic Tile: 1
Carpet: 1
Other: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: Yes
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 44236
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Business Type
Dental: 1
Medical: 1
Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 0
Equity: 1750000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Electric: 1
Cooling
Office A/C: 1
Loading Facilities
None: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Sprinkler System-Ground: 1
Landscaping: 1
Building Sign: 1
Security Light(s): 1
Source of Fincl Data
Owner: 1
Fencing
None: 1
Water Source
Private: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Private: 1
Paved: 1
Other: 1
Electric
SRP: 1
Individual Meter: 1
Gas
None: 1
New Financing
Cash Only: 1
Owner May Carry: 1
Lease Option: 1
Lease: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
Deed Restrictions: 1
CC&R's: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 480-837-1005
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Saguaro Blvd & Palisades Blvd
Directions: Saguaro Blvd to Palisades. NW Corner of Palisades and Saguaro
Geo Lat: 33.607467
Geo Lon: -111.71465
Status Change Info
Off Market Date: 2012-09-06
Under Contract Date: 2012-09-05
Close of Escrow Date: 2012-12-13
Sold Price: $1,550,000
Property Features
Building Type: Commercial; Office
Business Type: Dental; Medical; Professional/Office
Stories: 1 Story
Construction: Block
Roofing: Rolled
Floors: Ceramic Tile; Carpet; Other
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Office A/C
Loading Facilities: None
Exterior: Corner Lot; Dual Street Ftg; Sprinkler System-Ground; Landscaping; Building Sign; Security Light(s)
Fencing: None
Parking Features: Free; Private; Paved; Other
Electric: SRP; Individual Meter
Gas: None
Water Source: Private
Sewer: Sewer - Public
New Financing: Cash Only; Owner May Carry; Lease Option; Lease
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Existing Othr Ln Trm: Not Applicable
Use Restrictions: Deed Restrictions; CC&R's
Environmental: None
Listing Office: MCO Realty
Last Updated: May - 23 - 2020

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