NOT LISTED FOR SALE

1118 N Recker Rd Unit 109 Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $3,168,032

-- Bed
-- Bath
900 Sq Ft
$3,520/Sq Ft Est. Value

About This Home

This home is located at 1118 N Recker Rd Unit 109, Mesa, AZ 85205 and is currently estimated at $3,168,032, approximately $3,520 per square foot. 1118 N Recker Rd Unit 109 is a home located in Maricopa County with nearby schools including Mendoza Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2021
Sold by
Recker Plaza Lllp
Bought by
Luxe Recker Owner Llc
Current Estimated Value
$3,168,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,787,500
Outstanding Balance
$1,628,895
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$1,539,137

Purchase Details

Closed on
Oct 8, 2018
Sold by
Mbr Equity Group Llc
Bought by
Recker Plaza Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2015
Sold by
Fpfz Properties Llc
Bought by
Mbr Equity Group Llc

Purchase Details

Closed on
May 25, 2011
Sold by
Csa26 Brown Recker Llc
Bought by
Fpfz Properties Llc

Purchase Details

Closed on
Feb 11, 2010
Sold by
Brown Recker Llc
Bought by
Csa26 Brown Recker Llc

Purchase Details

Closed on
Jun 22, 2007
Sold by
Thunderbird/Ray Plaza Llc
Bought by
Brown Recker Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,085,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2005
Sold by
Geller Julian M
Bought by
Thunderbird/Ray Plaza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 26, 1996
Sold by
Geller Julian M
Bought by
Atlantic Richfield Company

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Luxe Recker Owner Llc $2,750,000 None Available
Recker Plaza Lllp $1,300,000 Chicago Title Agency Inc
Mbr Equity Group Llc $917,500 First American Title Ins Co
Fpfz Properties Llc $700,000 First American Title
Csa26 Brown Recker Llc $950,000 First Arizona Title Agency
Brown Recker Llc $1,126,000 First American Title
Thunderbird/Ray Plaza Llc $553,738 First American Title
Atlantic Richfield Company $550,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luxe Recker Owner Llc $1,787,500
Previous Owner Recker Plaza Lllp $975,000
Previous Owner Brown Recker Llc $3,085,000
Previous Owner Thunderbird/Ray Plaza Llc $250,000
Source: Public Records

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 $14,522 $143,467 -- --
2024 $15,085 $140,905 -- --
2023 $15,085 $431,545 $117,657 $313,888
2022 $15,207 $371,491 $114,398 $257,093
2021 $15,833 $375,750 $117,666 $258,084
2020 $15,626 $378,792 $120,726 $258,066
2019 $14,600 $340,686 $107,658 $233,028
2018 $14,013 $206,982 $81,756 $125,226
2017 $13,595 $180,000 $71,100 $108,900
2016 $13,342 $104,040 $52,546 $51,494
2015 $13,533 $106,930 $54,006 $52,924
Source: Public Records

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