NOT LISTED FOR SALE

1225 N Gilbert Rd Mesa, AZ 85203

North Central Mesa Neighborhood

Estimated Value: $617,962

-- Bed
-- Bath
2,347 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $4,500 $2 Per Sq Ft

Est. 13,632% increase in value since last sale

Current estimated payment $3,597/month

37 Days on Market

Highlights

  • Wood Flooring
  • Community Kitchen
  • Central Air
  • Hale Elementary School Rated A-
  • Computer Room
  • Heating Available

About This Home

As of July 2024

This beautiful office building boasts monument signage and has been completely remodeled inside. Features include wood plank floors, custom two-tone paint, new carpet, new tile, wainscoting, shutters, surround sound, a fireplace, 4-inch baseboards, storage areas, a reception/waiting area, kitchen, bathroom, presentation/training room, a large conference room, multi-office potential with divisible suites, advanced technical systems, and custom build-outs. Assigned parking spaces are included. It's in a great location with a high traffic count and close freeway access.

Last Agent to Sell the Property

Morgan Shipley

Realty ONE Group License #SA693413000 Listed on: 04/27/2024

Last Buyer's Agent

Morgan Shipley

Realty ONE Group License #SA693413000 Listed on: 04/27/2024

Property Details

Property Type

  • Other

Year Built

  • Built in 1976

Lot Details

  • 0.25 Acre Lot
  • Property is zoned C-N

Home Design

  • Wood Frame Construction
  • Shake Roof

Interior Spaces

  • 2,347 Sq Ft Home
  • Computer Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Community Kitchen
  • Meeting Room
  • Showroom
  • Reception Area

Listing and Financial Details

  • Property Available on 4/29/24
  • Assessor Parcel Number 141-11-176

Property Details

Property Type

Other

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: GILBERT / BROWN RD
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Lease
  • Zoning: C-N
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 3.0
  • Lease Info Annual Exp Stop Sq Ft: 23.0
  • Lease Info Annual Lease Price: 54000.0
  • Lease Info Annual Lse Prc P S F: 23.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1
  • Lease Info Space Divisible: No
  • Year Built: 1976
  • Tax Year: 2023
  • Lot Size Acres: 0.25
  • Road Surface Type: Asphalt
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 2347.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Shake
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room, Showroom, Kitchen, Computer Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Computer Room: Yes
  • Amenities:Showroom: Yes

Lot Info

  • Lot Size Sq Ft: 10759.0
  • Additional Parcels: No
  • Parcel #: 141-11-176
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2024-04-29

Multi Family

  • Owner Pays: None
  • Tenant Pays: See Remarks
  • Existing Lease Type: NNN, Fixed
  • Leasable Area: 2347.0

Tax Info

  • Tax Annual Amount: 4348.0
  • Tax Book Number: 141.00
  • Tax Lot: 0
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2013
Closed on
Dec 12, 2013
Sold by
Mabry Mark and Mabry Jerri
Bought by
Pafs Properties Llc
Seller's Agent
Mark Gunning
West USA Realty
Buyer's Agent
Christopher Buckley
West USA Realty
List Price
$350,000
Sold Price
$275,000
Premium/Discount to List
-$75,000
-21.43%
Current Estimated Value
$617,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,962
Avg. Annual Appreciation
7.06%
Original Mortgage
$258,800
Outstanding Balance
$194,271
Interest Rate
4.32%
Mortgage Type
Commercial
Estimated Equity
$423,691

Purchase Details

Closed on
Nov 21, 2012
Sold by
Mabry Mark W and Mabry Jerri L
Bought by
Mjm Sweetwater Properties Iv Llc

Purchase Details

Closed on
Apr 8, 2003
Sold by
Mabry Ronald and Gietz Gary
Bought by
Mabry Mark W and Mabry Jerri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 1995
Sold by
Mabry Mark W and Mabry Jerri L
Bought by
Place Park and Mabry Ronald
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
Pafs Properties Llc $275,000 Security Title Agency
Mabry Mark -- Security Title Agency
Mjm Sweetwater Properties Iv Llc -- None Available
Mabry Mark W -- Transnation Title Insurance
Place Park -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mabry Mark $258,800
Closed Pafs Properties Llc $258,800
Previous Owner Mabry Mark W $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2024 07/01/24 Sold $4,500 0.0% $2 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
04/27/2024 04/27/24 For Sale $4,500 -98.4% $2 / Sq Ft
12/17/2013 12/17/13 Sold $275,000 -21.4% $117 / Sq Ft View Prior Sale
10/21/2013 10/21/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $350,000 -- $149 / 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 $4,079 $41,349 -- --
2024 $4,348 $40,611 -- --
2023 $4,348 $49,079 $15,266 $33,813
2022 $4,383 $49,823 $18,078 $31,745
2021 $4,563 $51,372 $18,594 $32,778
2020 $4,504 $46,368 $13,698 $32,670
2019 $4,208 $44,820 $12,474 $32,346
2018 $4,039 $44,154 $11,160 $32,994
2017 $3,918 $39,672 $9,054 $30,618
2016 $3,846 $36,378 $8,082 $28,296
2015 $3,715 $31,081 $8,936 $22,145
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Morgan Shipley

    Realty One Group

    (480) 315-1240

    1 in this area

    15 Total Sales

    Morgan Shipley
    Section Image
  • Mark Gunning

    Seller's Agent in 2013

    Mark Gunning

    West USA Realty

    (626) 590-3177

    5 in this area

    79 Total Sales

    Mark Gunning
    Section Image
  • Christopher Buckley

    Buyer's Agent in 2013

    Christopher Buckley

    West USA Realty

    (602) 770-5704

    34 Total Sales

    Christopher Buckley
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6697830

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-11-176

Arizona Maricopa County Mesa 85203 North Central Mesa

1225 N Gilbert Rd, Mesa, AZ

Not Listed for Sale

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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