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Off market
  • $558,900

    439 S Fourth St, Globe, AZ 85501

    --beds
    0baths
    --sqft
    MultiFamily
    Built in 1961
    -- sqft lot
    $558,900 Zestimate®
    $--/sqft
    $1,557 Estimated rent

    Home value

    $558,900

    $447,000 - $704,000

    $1,557/mo

    Zestimate® history
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    What's special

    This property consists of 3 buildings one was the library. This building has been remodeled. The second one was built in 1945. The other building was built in 1906 and is the oldest school building in Globe and has not been used for school purposes since 2009. Each building is constructed with poured concrete, foam-covered roofs and formerly an East Globe Elementary school. These structures are located on a rectangular-shaped full city block, with this entire perimeter covered with 6 foot chain-link metal fencing. The first building has 3 floors each measuring some 5,000 sf. THE FRONT BUILDING faces on U.S. 60 which is named ''Ash Avenue'' as it runs through Globe, AZ and has a total of 15,000 sf. The first floor currently contains administrative offices for a (a) Student Reception area, (b) A School Principal & (c) A School Nurse. These offices are served by a central air conditioning/heating unit and on the same first floor of the building there are five large classrooms which have an evaporative cooling system with forced air heat. Additionally, there are both men's and women's bathrooms on the ground floor here, along with blackboards and other school accessories in each classroom. Further, all three floors of this building have tile flooring in the rooms and polished cement in the outside hallways. THE SECOND FLOOR in this front building contains a total of 6 classrooms. The third floor has three large rooms, all three of these floors each containing 5,000 sf of space. There are several important security features in this front building. First, there are large chain-link gates on the first floor to enter the building from two sides. Further, chain-link fencing extends above all floor banisters, so no student climbing could provide access. Finally since this building has been continuously used through December 2015 as a school facility, it is fully improved with Wi-Fi access and other accessory features are all up-to-date. REAR BUILDING - There are 2 floors to this structure, each containing 5,000 sf. On the first floor are five classrooms and approximately 75% of all the opening in this building have been refitted, with new vintage-type, appropriate sized & double-paneled, metal-clad windows. Hardwood flooring exists throughout this structure and there are two 1/2 unisex restrooms in this building along with two very large men's and women's bathrooms with plumbing piping but no toilets, shower fixtures or washbasins. SPECIAL FEATURES: 1. Changeable building signate-property front. 2. Regulation Tennis Court. 3. On-site recess areas/3 basketball areas. 4. Boiler, hot water heating system replaced in rear building, circa 2008, at a cost (rounded) $100,000 for radiator-type heat in building. 5. Full fire sprinkler system in rear building. 6. Separate building, which was a former school library, of (rounded) 2,000 sf, that included central air conditioning/heating system and two restrooms. 7. Electrical/gas systems in both buildings are code compliant except for certain short gas plumbing needs in rear building. 8. Two additional large bathrooms in rear building contains plumbing/all fixtures here (toilets, sinks, showers) need to be replaced; 2 1/2 fully equipped restrooms currently existing. 9. On-site parking: 12 spaces in front of building/ 20 spaces in rear and side of site. SPECIAL NOTE ON VALUE ADD OPPORTUNITY It is recognized that the rear right hand section of these premises contains a piece of vacant land of (rounded) one-half acre. This space could accommodate 20 newlt-constructed one-bedroom apartments for seniors. Also, parking spaces for this building could also be conveniently placed here. If it was decided to pursue full service senior housing on this campus, this would be the only facility in the City of Globe to offer such accommodations. Combining (a) this new facility and (b) the existing rear two-story building into both a "lifelong learning" facility and kitchen quarters, would allow a needed service to be available in this town. Finally, this type of program should add a significant revenue stream to the ownership of this premises.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Heat pump, Electric
    Cooling
    • Other
    Features
    • Flooring: Other

    Property

    Features
    • Exterior features: Stucco

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1961

    Utilities & green energy

    • Electric: City Electric
    • Sewer: Sewer - Public

    Community & neighborhood

    Location
    • Region: Globe

    Other

    Other facts
    • Ownership: Fee Simple
    • Community Amenities: Manager Res/Office, Other (See Remarks), Play Area, Sport Court(s), Tennis Court(s)
    • Cooling: Heat Pump, Other (See Remarks)
    • Electric: City Electric
    • Heating: Electric
    • Parking: Paved Parking, Free
    • Project Type: 13 - 24 Units, 25 - 50 Units, 51 - 99 Units, Other (See Remarks)
    • Sewer: Sewer - Public
    • Water: City Franchise
    • Sale Includes: Land & Building
    • Const - Finish: Painted
    • Source of Fincl Data: Provided by Owner
    • New Financing: Conventional, Seller May Carry, Other (See Remarks), Trade
    • Construction: Block
    • Appliances Included: Other (See Remarks)
    • Owner Pays: Other (See Remarks)
    • Tenant Pays: Other (See Remarks)
    • Floors: Other (See Remarks)
    • Roofing: Other (See Remarks)
    • Other Type: Other (See Remarks), Packaged Offering
    • Tax Municipality: Gila - COUNTY
    • Roads/Streets: Asphalt/Blacktop, Sidewalk(s)
    • Tax Year: 2018
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/21/2023Listing removed--
    Source: RE/MAX International Report a problem
    6/8/2022Pending sale$719,900+2.8%
    Source: RE/MAX International #6357960 Report a problem
    6/7/2022Sold$700,000-2.8%
    Source: ARMLS #6357960 Report a problem
    5/9/2022Pending sale$719,900
    Source: ARMLS #6357960 Report a problem
    2/19/2022Listed for sale$719,900+105.7%
    Source: ARMLS #6357960 Report a problem
    9/10/2020Listing removed$349,900
    Source: Real Living S.J. Fowler Real Estate #5982337 Report a problem
    2/25/2020Price change$349,900-30%
    Source: S.J. Fowler Real Estate, Inc. #5982337 Report a problem
    9/23/2019Listed for sale$500,000
    Source: S.J. Fowler Real Estate, Inc. #5982337 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 85501

    Nearby schools

    GreatSchools rating
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