NOT LISTED FOR SALE

113 N Alma School Rd Mesa, AZ 85201

West Main Neighborhood
1.57 Acres
-- Price per Acre
68,389 Sq Ft Lot

Last Sold January 01, 2024

Last sale price $1,025,000

52 Days on Market

Highlights

  • 1.57 Acre Lot
  • No HOA
  • Level Lot
  • Franklin at Brimhall Elementary School Rated A

About This Lot

As of January 2024

Remax Commercial is pleased to offer for sale this Prime Multi-Family
Development Opportunity conveniently located in NE Mesa on Alma
School Road just one block north of Main Street along the Valley Metro
Light Rail System. The subject property (total of 5 parcels) sits on 1.57 acres
and is Zoned RM-4 City of Mesa providing for as many as 47 residential
units.

Last Agent to Sell the Property

Doug daCosta

RE/MAX Excalibur License #BR042872000 Listed on: 08/14/2023

RE/MAX Excalibur

Last Buyer's Agent

Douglas DaCosta

RE/MAX Excalibur

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $746

Lot Details

  • 1.57 Acre Lot
  • Level Lot
  • 5 Lots in the community
  • Additional Parcels
  • Property is zoned RM-4

Schools

  • Patterson Elementary - Mesa
  • Mesa Junior High School
  • Mesa High School

Community Details

  • No Home Owners Association
  • Beverly Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 135-53-058

Property Details

Property Type

Land

Est. Annual Taxes

$746

Lot Details

0

Listing Details

  • Cross Street: Alma School and Main Street
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Off Site Imp Complte
  • Topography: Level
  • Zoning: RM-4
  • Tax Year: 2022
  • Directions: West Main Street to Alma School Road then North to property
  • Horses: No
  • Lot Size Acres: 1.57
  • Road Surface Type: Asphalt, Dedicated Street, Sidewalk(s)
  • Subdivision Name: BEVERLY TERRACE
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Commercial, Office

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Other Structures: See Remarks

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Patterson Elementary - Mesa
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 68564.0
  • Number Of Lots: 5
  • Additional Parcels: Yes
  • Parcel #: 135-53-058

Tax Info

  • Tax Annual Amount: 746.0
  • Tax Book Number: 135.00
  • Tax Lot: -
  • Tax Map Number: 53.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2024
Sold by
Munguia Harriet J
Bought by
Eden Village Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.47%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 13, 1998
Sold by
Mission Bell Properties Inc
Bought by
Munguia Jose C and Munguia Harriet J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 23, 1994
Sold by
Mission Bell Properties Inc
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
Eden Village Llc $1,025,000 None Listed On Document
Munguia Jose C $270,000 Security Title Agency
City Of Mesa -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Eden Village Llc $100,000
Open Eden Village Llc $300,000
Previous Owner Munguia Jose C $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2024 01/01/24 Sold $1,025,000 -17.9% --
10/09/2023 10/09/23 For Sale $1,249,000 0.0% --
09/29/2023 09/29/23 Off Market $1,249,000 -- --
08/14/2023 08/14/23 For Sale $1,249,000 -- --
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 $2,860 $28,251 -- --
2024 $2,970 $27,747 -- --
2023 $2,970 $47,991 $39,491 $8,500
2022 $2,995 $49,946 $42,123 $7,823
2021 $3,118 $46,872 $39,024 $7,848
2020 $3,077 $33,876 $26,118 $7,758
2019 $2,875 $33,714 $26,352 $7,362
2018 $2,759 $28,710 $21,654 $7,056
2017 $2,677 $26,262 $21,654 $4,608
2016 $2,627 $23,148 $18,828 $4,320
2015 $2,538 $20,055 $16,299 $3,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6592254

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-53-056