NOT LISTED FOR SALE

1224 N Gilbert Rd Mesa, AZ 85203

North Central Mesa Neighborhood

Estimated Value: $4,336,945

-- Bed
-- Bath
2,781 Sq Ft
$1,559/Sq Ft Est. Value

About This Home

This home is located at 1224 N Gilbert Rd, Mesa, AZ 85203 and is currently estimated at $4,336,945, approximately $1,559 per square foot. 1224 N Gilbert Rd is a home located in Maricopa County with nearby schools including Macarthur Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2015
Sold by
Village Market Mesa Llc
Bought by
Double Z Mesa Llc
Current Estimated Value
$4,336,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$768,677
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2014
Sold by
Bk Holdings Llc
Bought by
Village Market Mesa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,103,805
Interest Rate
4.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2007
Sold by
Blc Real Estate Llc
Bought by
Bk Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2006
Sold by
Ives Richard E
Bought by
Blc Capital Llc

Purchase Details

Closed on
Apr 11, 2005
Sold by
Dev Karan and Dev Anita
Bought by
Ivers Richard E and Sparkys Deli & Convenience Store

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 1998
Sold by
Shamam Hikmat A and Shamam Jandark S
Bought by
Dev Karan and Dev Anita

Purchase Details

Closed on
Jul 16, 1995
Sold by
Northern Trust Bank Arizona Na
Bought by
Shamam Hikmat A and Shamam Jandark S

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
7.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 22, 1994
Sold by
Stachon Alex T
Bought by
Northern Trust Bank Arizona N A and The A&B Stachon Trust

Purchase Details

Closed on
May 13, 1994
Sold by
Stachon Alex T
Bought by
Stachon Alex T
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Double Z Mesa Llc $2,000,000 First American Title Ins Co
Village Market Mesa Llc $380,000 Security Title Agency
Bk Holdings Llc $480,000 Fidelity National Title
Blc Real Estate Llc -- Fidelity National Title
Blc Capital Llc $362,563 None Available
Blx Capital Llc $237,755 None Available
Ivers Richard E $450,000 Old Republic Title Agency
Dev Karan $270,000 Nations Title Insurance
Shamam Hikmat A $142,000 Transamerica Title Ins Co
Northern Trust Bank Arizona N A -- --
Stachon Alex T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Double Z Mesa Llc $1,000,000
Previous Owner Village Market Mesa Llc $1,103,805
Previous Owner Blc Real Estate Llc $384,000
Previous Owner Ivers Richard E $264,000
Previous Owner Shamam Hikmat A $100,000
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 $8,769 $86,629 -- --
2024 $9,109 $85,082 -- --
2023 $9,109 $103,326 $32,980 $70,346
2022 $9,183 $97,738 $33,320 $64,418
2021 $9,560 $99,468 $34,272 $65,196
2020 $9,436 $89,226 $24,012 $65,214
2019 $8,816 $84,042 $21,420 $62,622
2018 $8,461 $83,268 $21,816 $61,452
2017 $8,209 $81,252 $20,196 $61,056
2016 $8,057 $73,908 $16,920 $56,988
2015 $2,776 $23,089 $9,602 $13,487
Source: Public Records

Map

Arizona Maricopa County Mesa 85203 North Central Mesa

1224 N Gilbert Rd, Mesa, AZ

This home is located at 1224 N Gilbert Rd, Mesa, AZ 85203 and is currently estimated at $4,336,945, approximately $1,559 per square foot. 1224 N Gilbert Rd is a home located in Maricopa County with nearby schools including Macarthur 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.

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