NOT LISTED FOR SALE

11301 E Main St Mesa, AZ 85213

Northeast Mesa Neighborhood

Estimated Value: $709,033

Studio
-- Bath
2,958 Sq Ft
$240/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2017

Last sale price $280,000 $95 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $4,120 / mo

13 Days on Market

Highlights

  • 0.73 Acre Lot
  • Community Kitchen
  • Central Air
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of March 2017

**** WOW*** 9% Cap rates. Great single tenant (the Tire Store pays $3000/month-Mod gross lease-owner pays taxes & insurance) + billboard income ($2400/annually). Newer two AC units (replaced 2016). HUGE 0.73 Acre lot that fronts Main Street (Apache Trail).

Last Agent to Sell the Property

David Gudmundsen

Better Homes & Gardens Real Estate SJ Fowler License #BR105719000 Listed on: 02/23/2017

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

David Gudmundsen

Better Homes & Gardens Real Estate SJ Fowler License #BR105719000 Listed on: 02/23/2017

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,760

Year Built

  • Built in 1958

Lot Details

  • 31,900 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned CG

Home Design

  • 2,958 Sq Ft Home
  • Foam Roof
  • Block Exterior

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 220-66-001

Community Details

Building Details

  • Operating Expense $6,844
  • Gross Income $38,400
  • Net Operating Income $31,556

Additional Features

  • Hamakers Desert Cactus Amd Subdivision
  • Community Kitchen

Property Details

Property Type

Other

Est. Annual Taxes

$3,760

Year Built

Built in 1958

Lot Details

0.73 Acres

Listing Details

  • Cross Street: Signal Butte/ Main Street (AKA Apache Trail)
  • Legal Info Range: 7E
  • Property Type: Comm/Industry Sale
  • Zoning: CG
  • Current Use: Retail, Automobile
  • Number Of Buildings: 1
  • Year Built: 1958
  • Tax Year: 2016
  • Lot Size Acres: 0.73
  • Road Surface Type: Asphalt
  • Subdivision Name: HAMAKERS DESERT CACTUS AMD
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking:Fenced: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Green Building Features: Kitchen
  • Water Source: Private Franchise
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 31900.0
  • Additional Parcels: No
  • Parcel #: 220-66-001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 38400.0
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 31556.0
  • Annual Operating Expense: 6844.0

Tax Info

  • Tax Annual Amount: 3760.0
  • Tax Book Number: 220.00
  • Tax Lot: 1
  • Tax Map Number: 66.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Bought by
Current Estimated Value
$709,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$380,721
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$328,312

Purchase Details

Listed on
Feb 23, 2017
Closed on
Mar 16, 2017
Sold by
Bought by
Seller's Agent
David Gudmundsen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
David Gudmundsen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$349,900
Sold Price
$280,000
Premium/Discount to List
-$69,900
-19.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%

Purchase Details

Closed on
Sep 14, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,374
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.85%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$800,000 Magnus Title
$280,000 Lawyers Title
$176,374 Pioneer Title Agency Inc
-- None Available
$167,601 --
-- --
$200,000 Old Republic Title Agency
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $400,000
Previous Owner $151,374
Previous Owner $180,000
Closed $306,000
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
03/30/2017 03/30/17 Sold $280,000 -20.0% $95 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $349,900 -- $118 / Sq Ft
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 $3,575 $39,692 -- --
2024 $3,845 $38,983 -- --
2023 $3,845 $61,557 $35,887 $25,670
2022 $3,864 $70,228 $46,690 $23,538
2021 $3,965 $71,658 $48,024 $23,634
2020 $3,932 $65,232 $41,850 $23,382
2019 $3,644 $63,810 $41,616 $22,194
2018 $3,553 $31,734 $20,016 $11,718
2017 $3,601 $31,734 $20,016 $11,718
2016 $3,760 $39,600 $24,876 $14,724
2015 $3,610 $31,950 $20,572 $11,378
Source: Public Records

Agents Affiliated with this Home

  • David Gudmundsen

    Seller's Agent in 2017

    David Gudmundsen

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 830-2552

    1 in this area

    41 Total Sales

    David Gudmundsen
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5565527

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-66-001

Arizona Maricopa County Mesa 85120 Northeast Mesa

11301 E Main St, Mesa, AZ

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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