NOT LISTED FOR SALE

Estimated Value: $1,229,000 - $1,523,000

2.5 Acres
$550,400 Price per Acre
108,900 Sq Ft Lot

Sale Details

Date Sold: March 10, 2020

Last sale price $820,000

Est. 68% increase in value since last sale

Current estimated payment $7,472 / mo

98 Days on Market

About This Lot

As of March 2020

2.5 Acre Multi-Family Development Infill Opportunity within the Mesa Arizona Opportunity Zone. On hard corner. Property currently has 6 houses and is paved to serve as over flow parking for adjacent church. Close to Shopping, Dining and Entertainment with US 60 & 202 nearby for quick commute anywhere in the Valley. Wonderful School District. Adjacent to the desirable Frasers Subdivision. Fraser Fields is one of Mesa's historic neighborhoods with Ranch-style homes on large lots and close to Down Town Mesa.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 06/12/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,162

Lot Details

  • 2.5 Acre Lot
  • 10 Lots in the community
  • Additional Parcels
  • Property is zoned RM-4

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 138-20-021-A

Property Details

Property Type

Land

Est. Annual Taxes

$5,162

Lot Details

2.5 Acres

Listing Details

  • Cross Street: University and Stapley
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: RM-4
  • Tax Year: 2018
  • Lot Size Acres: 2.5
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: Assemblage
  • Lot Size Sq Ft: 107842.0
  • Number Of Lots: 10
  • Additional Parcels: Yes
  • Parcel #: 138-20-021-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5162.0
  • Tax Book Number: 138.00
  • Tax Lot: -
  • Tax Map Number: 20.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $820,000 -18.0% --
02/29/2020 02/29/20 Price Changed $1,000,000 0.0% --
09/11/2019 09/11/19 Pending -- -- --
06/20/2019 06/20/19 Price Changed $1,000,000 +26.0% --
06/05/2019 06/05/19 For Sale $793,764 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,030 $20,575 -- --
2024 $2,197 $20,208 -- --
2023 $2,197 $30,769 $16,336 $14,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5938461

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-20-014H

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