$4,900,000
Phoenix, AZ 85016
MLS# 5802230
Status: Closed

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Property Description
DO NOT DISTURB DURING SCHOOL BUSINESS HOURS AND SHOWN ONLY BY APPOINTMENT TO FINANCIALLY QUALIFIED BUYERS. A very functional, beautiful and modern church and school facility east of 16th Street and backing up to the 51 Freeway. Copper roofed Auditorium with pew seating for 700+-, baptistry, abundant classrooms, nurseries, open foyer leading out to the covered walkway to the offices and educational building. Kitchen/dining room, 227+- paved parking with potential room for more parking or additional buildings. Currently operating as a christian school with fenced playgrounds. No current income from the cell tower. Sale to be approved by State Administrative Bishop.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $4,900,000
Sold Price: $4,900,000
Status: Closed
List Date: 2018-08-02
Location, Tax & Legal
Assessor's Map #: 37
Legal Description (Abbrev): NE4 NW4 SW4 EX S 104F E 140F & EX N 33F & E 25F RDS P/D 86-036024 & EX TH PT DEEDED PER FEE NO 87-
Assessor's Parcel #: 10
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 106400
Taxes: 0
Legal: NE4 NW4 SW4 EX S 104F E 140F & EX N 33F & E 25F RDS P/D 86-036024 & EX TH PT DEEDED PER FEE NO 87-514710
Marketing Name: Parkway Community Church
Map Code/Grid: N35
House Number: 1751
Compass: E
Street Name: MARYLAND
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Zip4: 1303
County Code: Maricopa
Assessor Number: 164-37-010-C
Tax Year: 2017
General Property Description
Ttl Apx SqFt Bldg: 32516
# of Buildings: 2
Uncvrd Parking Spcs: 227
Lot Size Dimensions: Irregular
Year Built: 1987
Zoning: R1-6
Legal Info
Range: 3E
Section: 10
Township: 2N
Lot Number: -/-/-
Construction
Block: 1
Roofing
Built-Up: 1
Tile: 1
Metal: 1
Floors
Concrete: 1
Carpet: 1
Income & Expenses
Annual Elec Exp: 1
Annual Gas Exp: 0
Annual Ins Exp: 1
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 1
Annual Wtr/Swr Exp: 1
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 4
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Other (See Remarks): 1
Business Type
Religious Facility: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 4595000
Equity: 4595000
1st Encumbrance: 0
Total Owed: 0
Assessment Balance: 0
Ceiling Height
16.1 Feet to 28 Feet: 1
Heating
Heat Pump: 1
Electric: 1
2 or More Units: 1
Cooling
Central Air: 1
Heat Pump: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Security System: 1
Security Camera(s): 1
Alarm System: 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Access Type
Dedicated Street: 1
Road Surface Type
Asphalt: 1
Exterior
Sprinkler System-Ground: 1
Curb(s) & Gutter(s): 1
Source of Fincl Data
Owner: 1
Traffic Count
Unknown: 1
Fencing
Block: 1
Water Source
City Franchise: 1
Freeway/Highway
Frontage: 1
Building Features
Kitchen: 1
Security Gate: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Fenced: 1
Private: 1
Paved: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Cash Only: 1
Existing 1st Loan
SBA: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
Existing Easement(s): 1
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Buyer - B
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Cross Street: 16th Street and East Maryland Ave
Directions: North on 16th St to East Maryland Avenue, best on Maryland Ave to the subject property.
Geo Lat: 33.530096
Geo Lon: -112.044617
Status Change Info
Off Market Date: 2018-08-13
Under Contract Date: 2018-08-13
Close of Escrow Date: 2019-02-08
Sold Price: $4,900,000
Property Features
Building Type: Other (See Remarks)
Business Type: Religious Facility
Stories: 1 Story
Construction: Block
Roofing: Built-Up; Tile; Metal
Floors: Concrete; Carpet
Ceiling Height: 16.1 Feet to 28 Feet
Heating: Heat Pump; 2 or More Units
Cooling: Central Air; Heat Pump
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers; Security System; Security Camera(s); Alarm System; Private Restrooms
Exterior: Sprinkler System-Ground; Curb(s) & Gutter(s)
Fencing: Block
Building Features: Kitchen; Security Gate
Parking Features: Fenced; Private; Paved
Road Access Type: Dedicated Street
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
New Financing: Cash Only
Source of Fincl Data: Owner
Existing 1st Loan: SBA
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Traffic Count: Unknown
Use Restrictions: Existing Easement(s); Other (See Remarks)
Environmental: None
Listing Office: AZ Brokerage Holdings, LLC
Last Updated: January - 13 - 2025
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