$625,000
SOLD JAN 13, 2025

1258 N Recker Rd Unit 6 Mesa, AZ 85205

1.25 Acres
$500,000 Price per Acre
54,450 Sq Ft Lot

Recently Sold

17% Below List Price

291 Days on Market

Highlights

  • No HOA
  • Level Lot
  • East or West Exposure
  • Franklin at Brimhall Elementary School Rated A

About This Lot

As of January 2025

Investment opportunity! This 1.25-acre commercial vacant land, located in the bustling Nielson Commercial Plaza, presents a prime opportunity for development. Strategically positioned to benefit from high visibility and easy accessibility. Zoning approval for this parcel includes various uses, such as retail stores, restaurants, and office buildings, offering flexibility to potential developers. The surrounding area is a thriving mix of business and leisure, indicating a high potential for foot traffic and consumer interest. This parcel is an excellent investment opportunity for those looking to establish a presence in a vibrant commercial hub!

Last Agent to Sell the Property

Vance Nielson

eXp Realty License #SA658391000 Listed on: 02/13/2024

eXp Realty

Last Buyer's Agent

Sean Cooke

DeLex Realty License #SA627784000

DeLex Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,277

Lot Details

  • 1.25 Acre Lot
  • East or West Exposure
  • Level Lot
  • Additional Parcels
  • Property is zoned Com

Schools

  • Mendoza Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Community Details

  • No Home Owners Association
  • Nielson Commercial Plaza Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 141-44-737

Property Details

Property Type

Land

Est. Annual Taxes

$8,277

Lot Details

0

Listing Details

  • Cross Street: Brown & Recker
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Topography: Level
  • Zoning: Com
  • Tax Year: 2023
  • Horses: No
  • Lot Size Acres: 1.25
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: NIELSON COMMERCIAL PLAZA UNIT 2
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: None
  • Lot Features: East/West Exposure
  • Disclosures: Seller Prop Disc Stm, ALTA Survey Alba, Development Pln Aval
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mendoza Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 54540.0
  • Additional Parcels: Yes
  • Parcel #: 141-44-737
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8277.0
  • Tax Book Number: 141.00
  • Tax Lot: 6
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Jan 9, 2025
Sold by
Karl Joseph Nielson and Karl Georgia Mae
Bought by
Cse Investments Llc
Seller's Agent
Vance Nielson
eXp Realty
Buyer's Agent
Sean Cooke
DeLex Realty
List Price
$750,000
Sold Price
$625,000
Premium/Discount to List
-$125,000
-16.67%
Views
44
Current Estimated Value
$628,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,192
Avg. Annual Appreciation
0.57%

Purchase Details

Closed on
Aug 12, 1998
Sold by
Nielson Karl Joseph and Nielson Karl
Bought by
City Of Mesa

Purchase Details

Closed on
Apr 6, 1998
Sold by
Nielson Karl Joseph and Nielson Karl
Bought by
Perry Gareth E and Perry Jeanne

Purchase Details

Closed on
Mar 31, 1998
Sold by
Nielson Karl J and Nielson Karl Joseph
Bought by
Hollywood Brown/Recker Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $625,000 Magnus Title Agency
Warranty Deed -- --
Cash Sale Deed $210,000 Transnation Title Insurance
Cash Sale Deed $21,500 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2025 01/13/25 Sold $625,000 -10.7% --
07/23/2024 07/23/24 Price Changed $700,000 -6.7% --
02/13/2024 02/13/24 For Sale $750,000 -- --
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 $8,251 $83,636 $83,636 --
2024 $8,277 $79,653 $79,653 --
2023 $8,277 $82,470 $82,470 $0
2022 $8,105 $81,480 $81,480 $0
2021 $8,204 $81,480 $81,480 $0
2020 $8,097 $83,220 $83,220 $0
2019 $7,565 $74,445 $74,445 $0
2018 $7,261 $66,315 $66,315 $0
2017 $7,045 $61,395 $61,395 $0
2016 $6,914 $54,825 $54,825 $0
2015 $6,931 $54,768 $54,768 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6663263

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-44-737