NOT LISTED FOR SALE

104 E 1st Ave Mesa, AZ 85201

Downtown Mesa Neighborhood

Estimated Value: $1,003,982

-- Bed
-- Bath
6,381 Sq Ft
$157/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $895,000 $140 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,875/month

Highlights

  • 0.37 Acre Lot
  • Security Fence
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of September 2021

Incredible opportunity to own commercial property right in heart of historic downtown Mesa. Huge mixed use development project taking up the rest of the block with over 300 high end apartments and 1st floor retail. High car & foot traffic area w/ coveted c-dt zoning. 16,100' lot size. Approx 5,500 sq ft of warehouse space with over 2000 sq ft of AC office space. 3 bathrooms, 6 offices, & large conference room make this a functional space for almost any business! Tons of other nearby developments going on & public works projects as well. Right across from the beautiful Mesa Arts Center, and walking distance to light rail and all the other wonderful shops and restaurants downtown Mesa has to offer. Shown by appointment only, please do not disturb the occupants.

Last Agent to Sell the Property

Aaron Carlson

Weichert, Realtors-Home Pro Realty License #SA646404000 Listed on: 07/09/2021

Weichert, Realtors-Home Pro Realty

Last Buyer's Agent

Desaree Suttle

Century 21 Northwest License #SA662429000

Century 21 Northwest

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,269

Year Built

  • Built in 1965

Lot Details

  • 0.37 Acre Lot
  • Security Fence
  • Wire Fence
  • Property is zoned C-DT

Home Design

  • Tilt Up Walls

Interior Spaces

  • 6,381 Sq Ft Home
  • Concrete Flooring

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Utilities

  • Heating Available

Community Details

  • 2 Buildings
  • Mesa Arizona Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 138-39-014-C

Property Details

Property Type

Other

Est. Annual Taxes

$5,269

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: 1st AVE and S Sirrine
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-DT
  • Current Use: Warehouse
  • Number Of Buildings: 2
  • Year Built: 1965
  • Tax Year: 2020
  • Directions: From Mesa DR, head West on 1st AVE, property will be on the right.
  • Lot Size Acres: 0.37
  • Subdivision Name: MESA ARIZONA
  • Structure Type: Commercial
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Security, Chain Link, Wire
  • Construction Type: Tilt-Up
  • Roof: Other, See Remarks
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Office A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 16100.0
  • Additional Parcels: No
  • Parcel #: 138-39-014-C
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5269.0
  • Tax Book Number: 138.00
  • Tax Lot: 2
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2024
Sold by
Unrelated Enterprises Llc
Bought by
Mgkelly Company Llc
Current Estimated Value
$1,003,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$492,564
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$511,418

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 13, 2021
Sold by
104 1St Avenue Holding Llc
Bought by
Unrelated Enterprises Llc
Seller's Agent
Aaron Carlson
Weichert, Realtors-Home Pro Realty
Buyer's Agent
Desaree Suttle
Century 21 Northwest
List Price
$895,000
Sold Price
$895,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$395,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2019
Sold by
Johnstar Llc
Bought by
104 1St Avenue Holdings Llc

Purchase Details

Closed on
Sep 6, 2019
Sold by
Mitten Limited Liability Partnership
Bought by
Johnstar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mgkelly Company Llc $930,000 Commonwealth Land Title
Unrelated Enterprises Llc $895,000 Security Title Agency Inc
104 1St Avenue Holdings Llc $500,000 Empire West Title Agency Llc
Johnstar Llc $450,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mgkelly Company Llc $500,000
Previous Owner Unrelated Enterprises Llc $400,000
Previous Owner Unrelated Enterprises Llc $395,000
Previous Owner Johnstar Llc $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $895,000 0.0% $140 / Sq Ft
07/09/2021 07/09/21 For Sale $895,000 -- $140 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $5,358 $40,188 -- --
2024 $5,516 $39,471 -- --
2023 $5,516 $74,290 $38,233 $36,057
2022 $5,550 $54,811 $21,648 $33,163
2021 $5,327 $55,512 $22,266 $33,246
2020 $5,269 $56,106 $22,482 $33,624
2019 $4,981 $55,674 $22,230 $33,444
2018 $4,817 $51,642 $20,304 $31,338
2017 $4,700 $45,792 $18,792 $27,000
2016 $4,629 $34,974 $16,344 $18,630
2015 $4,476 $28,528 $13,857 $14,671
Source: Public Records

Agents Affiliated with this Home

  • Aaron Carlson

    Seller's Agent in 2021

    Aaron Carlson

    Weichert, Realtors-Home Pro Realty

    (602) 284-6086

    1 in this area

    52 Total Sales

    Aaron Carlson
    Section Image
  • Desaree Suttle

    Buyer's Agent in 2021

    Desaree Suttle

    Century 21 Northwest

    (715) 210-5150

    2 in this area

    39 Total Sales

    Desaree Suttle
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6262264

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-39-014C

Arizona Maricopa County Mesa 85201 Downtown Mesa

104 E 1st Ave, Mesa, AZ

This home is located at 104 E 1st Ave, Mesa, AZ 85201 since 09 July 2021 and is currently estimated at $1,003,982, approximately $157 per square foot. This property was built in 1965. 104 E 1st Ave is a home located in Maricopa County with nearby schools including Lowell Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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