NOT LISTED FOR SALE

1220 N Spencer Mesa, AZ 85203

North Central Mesa Neighborhood

Estimated Value: $900,747

-- Bed
-- Bath
4,910 Sq Ft
$183/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $520,000 $106 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,266/month

145 Days on Market

Highlights

  • 0.42 Acre Lot
  • Wood Flooring
  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Elevator
  • Heating Available

About This Home

As of April 2018

PRICED TO SELL!!
Attractive Professional stand alone office building.
10 offices-Potential Executive Suites and split to
potentially make 2 nearly 2500 square foot office
condos. Replaced all 4 AC units (about $35,000) with new units promising to significantly lower already reasonable electric costs. Large room for seminars and gatherings on 2nd floor (accessed by both stairs and elevator). Roomier and more classy than regular offices. Close to loop 202. Awarded 1st place for architectural and landscape in Mesa.

Last Agent to Sell the Property

Scott Belnap

Presidential Realty, LLC License #SA555658000 Listed on: 10/06/2017

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,579

Year Built

  • Built in 1984

Lot Details

  • 0.42 Acre Lot
  • Block Wall Fence
  • Property is zoned CO

Home Design

  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 4,910 Sq Ft Home
  • Wood Flooring

Parking

  • 14 Open Parking Spaces
  • 24 Parking Spaces
  • 10 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Stapley Professional Plaza Lot 1 8 Tr A Subdivision
  • Elevator
  • Operating Expense $5,579

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 136-26-815-B

Property Details

Property Type

Other

Est. Annual Taxes

$5,579

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: STAPLEY/BROWN
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: CO
  • Current Use: Service Business, Office
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2016
  • Directions: West on Brown to Spencer, Right (North) on Spencer to 1220
  • Lot Size Acres: 0.42
  • Subdivision Name: STAPLEY PROFESSIONAL PLAZA LOT 1-8 TR A
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood

Exterior Features

  • Fencing: Block
  • Construction Type: Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 24.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 24.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Public Elevator(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Public Elevator(s): Yes

Lot Info

  • Lot Size Sq Ft: 18340.0
  • Additional Parcels: No
  • Parcel #: 136-26-815-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5579.0

Tax Info

  • Tax Annual Amount: 5579.0
  • Tax Book Number: 136.00
  • Tax Lot: 1
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Apr 8, 2018
Sold by
The D & G Family Lp
Bought by
Digitek Holdings Llc
Seller's Agent
Scott Belnap
Presidential Realty, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$600,000
Sold Price
$520,000
Premium/Discount to List
-$80,000
-13.33%
Current Estimated Value
$900,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,747
Avg. Annual Appreciation
7.74%
Original Mortgage
$420,000
Outstanding Balance
$364,954
Interest Rate
4.43%
Mortgage Type
Commercial
Estimated Equity
$542,028

Purchase Details

Closed on
Jun 16, 2016
Sold by
Ortiz Darren Allen and The Darren Allen Ortiz Estate
Bought by
The D & G Family Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2013
Sold by
Ortiz Darren A and The Stephanie T Gesky Trust
Bought by
Ortiz Darren Allen and Darren Allen Ortiz Estate Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2010
Sold by
Ortiz Darren A
Bought by
Gesky Stephanie T and The Stephanie T Gesky Trust

Purchase Details

Closed on
Mar 9, 2007
Sold by
Gesky Stephanie T and The Stephanie T Gesky Trust
Bought by
Ortiz Darren A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,300
Interest Rate
6.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 13, 2005
Sold by
Gesky Stephanie T
Bought by
Gesky Stephanie T and The Stephanie T Gesky Trust

Purchase Details

Closed on
Jul 14, 2005
Sold by
Lovell Properties Llc
Bought by
Gesky Stephanie T

Purchase Details

Closed on
Dec 31, 2001
Sold by
Lovell Robert A and Lovell Carol B
Bought by
Lovell Properties Llc
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
Digitek Holdings Llc $520,000 American Title Service Agenc
The D & G Family Limited Partnership -- None Available
Ortiz Darren Allen -- Accommodation
Gesky Stephanie T -- None Available
Ortiz Darren A $655,025 None Available
Gesky Stephanie T -- --
Gesky Stephanie T $750,000 Chicago Title Insurance Co
Lovell Properties Llc $515,000 --
Lovell Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Digitek Holdings Llc $420,000
Previous Owner Ortiz Darren A $657,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $520,000 -2.8% $106 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
01/05/2018 01/05/18 Price Changed $535,000 -10.8% $109 / Sq Ft
10/06/2017 10/06/17 For Sale $600,000 -- $122 / 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 $5,894 $58,223 -- --
2024 $6,122 $57,184 -- --
2023 $6,122 $82,365 $20,264 $62,101
2022 $6,172 $88,743 $24,658 $64,085
2021 $6,425 $79,416 $25,362 $54,054
2020 $6,342 $76,572 $17,892 $58,680
2019 $5,925 $52,416 $15,984 $36,432
2018 $5,687 $51,120 $14,904 $36,216
2017 $5,517 $44,334 $13,806 $30,528
2016 $5,579 $51,750 $12,312 $39,438
2015 $5,389 $43,790 $8,843 $34,947
Source: Public Records

Agents Affiliated with this Home

  • Scott Belnap

    Seller's Agent in 2018

    Scott Belnap

    Presidential Realty, LLC

    (480) 603-6934

    18 Total Sales

    Scott Belnap
    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5670617

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-26-815B

Arizona Maricopa County Mesa 85203 North Central Mesa

1220 N Spencer, Mesa, AZ

This home is located at 1220 N Spencer, Mesa, AZ 85203 since 06 October 2017 and is currently estimated at $900,747, approximately $183 per square foot. This property was built in 1984. 1220 N Spencer 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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