500 PINE ST
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Location
500 PINE ST
Mblu
19/ 306/ 3/ /
Acct#
R--0036900
Owner
AREC 40 LLC
Assessment
$377,800
Appraisal
$539,710
PID
2496
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$319,280$220,430$539,710
Assessment
Valuation YearImprovementsLandTotal
2025$223,500$154,300$377,800

Owner of Record
OwnerAREC 40 LLC
Co-Owner
Address2727 N CENTRAL AVE
PHOENIX, AZ 85004
Sale Price$0
Certificate
Book & Page 10131/84
Sale Date11/15/2019
Instrument03

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
AREC 40 LLC$0 10131/840311/15/2019
365 CHERRY LLC$200,000 9021/00900303/25/2014
365 HOLDING LLC$200,000 8063/01940307/28/2009
BRIDGEPORT METAL GOODS MFG CO$0 1264/0093 06/04/1963

Building Information
Building 1 : Section 1
Year Built: 1900
Living Area: 3,600
Replacement Cost: $574,470
Building Percent Good: 50
Replacement Cost
Less Depreciation:
$287,240
Building Attributes
FieldDescription
Style:Store
ModelInd/Comm
Grade:Average
Stories:1
Occupancy:1.00
Exterior Wall 1:Brick
Exterior Wall 2: 
Roof Struct:Irregular
Roof Cover:T+G/Rubber
Interior Wall 1:Minim/Masonry
Interior Wall 2: 
Interior Floor 1:Concr-Finished
Interior Floor 2: 
Heating Fuel:Gas
Heating Type:Forced Air
AC Type:Central
Bldg Use:Industrial Mdl 96
Ttl Rooms: 
Ttl Bedrms:00
Ttl Baths:0
Ttl Half Baths:0
Ttl Xtra Fix:0
1st Floor Use: 
Heat/AC:Heat/Ac Pkgs
Frame Type:Masonry
Baths/Plumbing:Average
Ceiling/Wall:Ceiling Only
Rooms/Prtns:Average
Wall Height:14.00
% Comn Wall: 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,600 3,600
USTUnfinished Utility Storage 120 0
   3,720 3,600

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers-Wet3600.00 SF$5,9401
A/CAir Conditioning3600.00 SF$6,3001

Land
Land Use
Use Code300
DescriptionIndustrial Mdl 96  
ZoneI
NeighborhoodIND
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.35
Frontage0
Depth0
Total Market Land$154,300
Appraised Value$220,430

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FN1Fence, Chain44 ft125.00 LF$9801
CNP1Canopy Ave  640.00 SF$18,8201
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$319,280$220,430$539,710
2024$233,110$176,370$409,480
2023$233,110$176,370$409,480

Assessment
Valuation YearImprovementsLandTotal
2025$223,500$154,300$377,800
2024$163,190$123,460$286,650
2023$163,190$123,460$286,650

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