NOT LISTED FOR SALE

1060 E Main St Mesa, AZ 85203

Fraser Fields Neighborhood

Estimated Value: $582,638

-- Bed
-- Bath
7,710 Sq Ft
$76/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $625,000 $81 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,679/month

109 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of January 2024

Great location, access to light rail with public transportation nearby. Tremendous growth area with new urban retail/multi-family development within half mile. Fantastic opportunity for redevelopment or revitalize car wash with current income stream. Seller will carry note.

Last Agent to Sell the Property

Tony Werstler

Jason Mitchell Real Estate License #SA114160000 Listed on: 09/13/2023

Jason Mitchell Real Estate

Last Buyer's Agent

Tony Werstler

Jason Mitchell Real Estate License #SA114160000 Listed on: 09/13/2023

Jason Mitchell Real Estate

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,375

Year Built

  • Built in 1964

Lot Details

  • 0.59 Acre Lot
  • Property is zoned CG

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 7,710 Sq Ft Home
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 15 Parking Spaces
  • Public Parking
  • 5 Covered Spaces
  • Paved Parking

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 138-19-104-A

Community Details

Overview

  • 2 Buildings
  • Stewarts East Mesa Add Subdivision

Building Details

  • Gross Income $68,400
  • Net Operating Income $72,000

Property Details

Property Type

Other

Est. Annual Taxes

$7,375

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Main St & Stapley Dr.
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: CG
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2022
  • Directions: From Stapley Dr and Main St go West 1/2 block property located on the north side to Main St.
  • Lot Size Acres: 0.59
  • Subdivision Name: STEWARTS EAST MESA ADD
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 7710.0

Exterior Features

  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Paved Parking, Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 15.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Warehouse A/C, Central A/C
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 25821.0
  • Parcel #: 138-19-104-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 68400.0
  • Property Net Operating Income: 72000.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 7375.0
  • Tax Book Number: 138.00
  • Tax Lot: 38
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Jan 2, 2024
Sold by
Perez Joseph J and Perez Laura G
Bought by
Forestdale Investments Llc and Kaco Properties Llc
Seller's Agent
Tony Werstler
Jason Mitchell Real Estate
Buyer's Agent
Tony Werstler
Jason Mitchell Real Estate
List Price
$995,000
Sold Price
$625,000
Premium/Discount to List
-$370,000
-37.19%
Views
43
Current Estimated Value
$582,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,362
Avg. Annual Appreciation
-4.66%

Purchase Details

Closed on
Feb 7, 2017
Sold by
Montague Marcia Lee
Bought by
Perez Joseph J and Perez Laura G

Purchase Details

Closed on
Jan 31, 2017
Sold by
Lindblom Frances E and Lindblom James B
Bought by
City Of Mesa
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Forestdale Investments Llc $625,000 Sunbelt Title Services
Perez Joseph J $317,000 Pioneer Title Agency Inc
City Of Mesa -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $625,000 -37.2% $81 / Sq Ft
09/29/2023 09/29/23 Price Changed $995,000 0.0% $129 / Sq Ft
09/29/2023 09/29/23 For Sale $995,000 -13.5% $129 / Sq Ft
09/29/2023 09/29/23 Off Market $1,150,000 -- --
09/13/2023 09/13/23 For Sale $1,150,000 -- $149 / 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 $7,043 $69,578 -- --
2024 $7,316 $68,335 -- --
2023 $7,316 $94,911 $40,647 $54,264
2022 $7,375 $94,081 $43,978 $50,103
2021 $7,678 $95,184 $45,234 $49,950
2020 $7,578 $76,644 $39,600 $37,044
2019 $7,081 $70,992 $35,226 $35,766
Source: Public Records

Agents Affiliated with this Home

  • Tony Werstler

    Seller's Agent in 2024

    Tony Werstler

    Jason Mitchell Real Estate

    (602) 283-0274

    1 in this area

    20 Total Sales

    Tony Werstler
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6604661

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-19-104A

Arizona Maricopa County Mesa 85203 Fraser Fields

1060 E Main St, Mesa, AZ

This home is located at 1060 E Main St, Mesa, AZ 85203 since 13 September 2023 and is currently estimated at $582,638, approximately $75 per square foot. This property was built in 1964. 1060 E Main St is a home located in Maricopa County with nearby schools including Edison 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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