NOT LISTED FOR SALE

1225 E University Dr Mesa, AZ 85203

Reed Park Neighborhood
-- Bed
-- Bath
3,350 Sq Ft
0.59 Acres

Last Sold October 01, 2020

Last sale price $295,000 $88 Per Sq Ft

20 Days on Market

Highlights

  • 0.59 Acre Lot
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of October 2020

PRICE REDUCED 10/13/17 FOR CASH SALE. This offering consists of a 5 bay self serve car wash with 4 vacuums. Established in 1976 on two parcels and the sale includes all real estate, improvements, equipment. Great opportunity to 're-establish' a proven location for 38 years. Excess land would be great for detail shop or other auto related profit center. C2 Zoning, City of Mesa. 100' frontage on University. All City utilities, all bay lighting is new LED. Average SRP bill is $90/month. Water/Sewer average is $115/month. Owner is a licensed real estate broker in AZ.

Last Agent to Sell the Property

Pete Baldwin

Platinum Realty Network License #BR537748000 Listed on: 01/09/2019

Last Buyer's Agent

Pete Baldwin

Platinum Realty Network License #BR537748000 Listed on: 01/09/2019

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,336

Year Built

  • Built in 1976

Lot Details

  • 0.59 Acre Lot
  • Block Wall Fence
  • Additional Parcels
  • Property is zoned Commercial

Home Design

  • Block Exterior

Interior Spaces

  • 3,350 Sq Ft Home
  • Concrete Flooring

Community Details

  • Operating Expense $4,336

Listing and Financial Details

  • Assessor Parcel Number 138-07-107-G

Property Details

Property Type

Other

Est. Annual Taxes

$4,336

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: Stapely and University
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Current Use: Retail
  • Number Of Buildings: 1
  • Year Built: 1976
  • Tax Year: 2015
  • Directions: Southeast Corner of University and Stapely.
  • Lot Size Acres: 0.59
  • Structure Type: Commercial
  • Tax Parcel Letter: G
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Lot Size Sq Ft: 25700.0
  • Additional Parcels: Yes
  • Parcel #: 138-07-107-G
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4336.0

Tax Info

  • Tax Annual Amount: 4336.0
  • Tax Book Number: 138.00
  • Tax Lot: -
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
Jbn Holdings Llc
Bought by
Singh Jaswinder

Purchase Details

Listed on
Jan 9, 2019
Closed on
Sep 29, 2020
Sold by
M C W Investments Inc
Bought by
Jbn Holdings Llc
Seller's Agent
Pete Baldwin
Platinum Realty Network
Buyer's Agent
Pete Baldwin
Platinum Realty Network
List Price
$295,000
Sold Price
$295,000
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
Singh Jaswinder $470,000 Commonwealth Land Title
Jbn Holdings Llc $285,000 Commonwealth Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $295,000 0.0% $88 / Sq Ft
04/25/2019 04/25/19 For Sale $295,000 0.0% $88 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $295,000 -- $88 / 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 $1,310 $12,944 $12,944 --
2024 $1,361 $12,713 $12,713 --
2023 $1,361 $22,338 $22,338 $0
2022 $1,372 $17,010 $17,010 $0
2021 $1,428 $17,496 $17,496 $0
2020 $1,410 $14,562 $14,562 $0
2019 $1,317 $13,122 $13,122 $0
2018 $1,264 $13,806 $13,806 $0
2017 $1,227 $12,780 $12,780 $0
2016 $1,204 $11,412 $11,412 $0
2015 $1,163 $9,398 $9,398 $0
Source: Public Records

Agents Affiliated with this Home

  • Pete Baldwin

    Seller's Agent in 2020

    Pete Baldwin

    Platinum Realty Network

    (480) 326-6521

    1 in this area

    44 Total Sales

    Pete Baldwin
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5864996

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-07-107G

Arizona Maricopa County Mesa 85203 Reed Park

1225 E University Dr, Mesa, AZ

This home is located at 1225 E University Dr, Mesa, AZ 85203 since 09 January 2019. This property was built in 1976. 1225 E University Dr is a home located in Maricopa County with nearby schools including Michael T. Hughes 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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