NOT LISTED FOR SALE

1249 N Greenfield Rd Unit 4 Mesa, AZ 85205

Citrus Neighborhood

Estimated Value: $1,732,774

-- Bed
-- Bath
4,997 Sq Ft
$347/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $1,650,000 $330 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,686/month

174 Days on Market

Highlights

  • Central Air
  • Bush Elementary School Rated A-
  • Concrete Flooring

About This Home

As of February 2024

Good tenant mix with three tenants. A successful restaurant, a dress shop, and a Orthodontist. Nice looking building is part of a larger shopping center.

Current management company has managed the property since 2006.

Also available see 1309 & 1325 N Greenfield Road

Last Agent to Sell the Property

Dale Dockins

North Bay Commercial Real Esta License #BR555128000 Listed on: 06/30/2023

Last Buyer's Agent

Dale Dockins

North Bay Commercial Real Esta License #BR555128000 Listed on: 06/30/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,060

Year Built

  • Built in 2004

Lot Details

  • 0.75 Acre Lot
  • Property is zoned LC

Home Design

  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 4,997 Sq Ft Home
  • Concrete Flooring

Parking

  • 57 Open Parking Spaces
  • 57 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 141-33-128

Community Details

Overview

  • Mountain View Plaza Subdivision

Building Details

  • Gross Income $478,842
  • Net Operating Income $92,235

Property Details

Property Type

Other

Est. Annual Taxes

$15,060

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: E Brown Road
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: LC
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2022
  • Directions: NEC of N. Greenfield Road and E. Brown Road
  • Lot Size Acres: 0.75
  • Road Surface Type: Private Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: MOUNTAIN VIEW PLAZA
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 4997.0

Exterior Features

  • Construction Type: Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 57.0
  • Total Parking Spaces: 57.0
  • General Property Description:Uncvrd Parking Spcs: 57.0
  • General Property Description:Total Parking Spcs: 57.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 32564.0
  • Parcel #: 141-33-128
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 478842.0
  • Property Net Operating Income: 92235.0
  • Vacancy Allowance Rate: 3.0

Tax Info

  • Tax Annual Amount: 15060.0
  • Tax Book Number: 141.00
  • Tax Lot: 4
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2011
Sold by
Rodney Stevenson Family Partnership Llp
Bought by
Stevenson Rodney K and Stevenson Donna I
Current Estimated Value
$1,732,774

Purchase Details

Closed on
Feb 9, 2011
Sold by
Wilson Scott P
Bought by
Wilson Scott P and Marion Wilson Exemption Trust

Purchase Details

Closed on
Jul 7, 2006
Sold by
Mountain View Lot 4 Llc
Bought by
The Requarth Family Lp and Rodney Stevenson Family Partnership Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2004
Sold by
Nec Brown Greenfield Llc
Bought by
Mountain View Lot 4 Llc and Chalk Creek Investors Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.02%
Mortgage Type
Commercial
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
Stevenson Rodney K -- Fidelity Natl Title Ins Co
Wilson Scott P -- None Available
The Requarth Family Lp $1,692,000 Fidelity National Title
Mountain View Lot 4 Llc -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Requarth Family Lp $142,000
Open Baker Chiristopher L $690,000
Previous Owner The Requarth Family Lp $870,000
Previous Owner Mountain View Lot 4 Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $1,650,000 -1.8% $330 / Sq Ft
06/30/2023 06/30/23 For Sale $1,680,000 -- $336 / 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 $14,388 $140,658 -- --
2024 $14,940 $138,146 -- --
2023 $14,940 $257,074 $122,927 $134,147
2022 $15,060 $191,801 $67,183 $124,618
2021 $15,648 $194,166 $69,102 $125,064
2020 $15,441 $195,120 $70,002 $125,118
2019 $14,435 $182,700 $62,964 $119,736
2018 $13,848 $168,354 $52,992 $115,362
2017 $13,438 $164,340 $49,068 $115,272
2016 $13,135 $146,556 $43,812 $102,744
2015 $12,728 $115,533 $55,796 $59,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6575092

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-33-128