NOT LISTED FOR SALE

128 W Main St Mesa, AZ 85201

Downtown Mesa Neighborhood

Estimated Value: $1,155,572

Studio
-- Bath
6,181 Sq Ft
$187/Sq Ft Est. Value

Sale Details

Date Sold: April 5, 2017

Last sale price $537,000 $87 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $6,561 / mo

156 Days on Market

Highlights

  • Display Windows
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of April 2017

2600 sf Main Street Frontage. Direct access to 2 Metro Light Rail stations.

Last Agent to Sell the Property

Joan Krueger

Bliss Realty & Investments License #SA579766000 Listed on: 11/01/2016

Co-Listed By

George Bliss

ProSmart Realty License #SA110285000

Last Buyer's Agent

Joan Krueger

Bliss Realty & Investments License #SA579766000 Listed on: 11/01/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,814

Year Built

  • Built in 1950

Lot Details

  • 5,514 Sq Ft Lot
  • Property is zoned TCB-1

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,181 Sq Ft Home
  • Display Windows
  • Concrete Flooring

Parking

  • Public Parking
  • Free Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Mesa Subdivision
  • Showroom

Listing and Financial Details

  • Property Available on 11/1/16
  • Tenant pays for trash collection, electricity, gas, water, sewer, contents insurance, liability insurance, janitorial service
  • The owner pays for property taxes, common area maintenance, bldg liability ins, sewer
  • Tax Lot 1
  • Assessor Parcel Number 138-35-013

Property Details

Property Type

Other

Est. Annual Taxes

$4,814

Year Built

Built in 1950

Lot Details

5,514 Sq Ft Lot

Listing Details

  • Cross Street: MacDonald & Main
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: TCB-1
  • Lease Info Annual Lease Price: 31200.0
  • Lease Info Annual Lse Prc P S F: 12.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3
  • Lease Info Space Divisible: No
  • Year Built: 1950
  • Tax Year: 2016
  • Lot Size Acres: 0.13
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Co List Office Mls Id: brel001
  • Co List Office Phone: 480-447-7442
  • Subdivision Name: Mesa
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 6181.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Brick
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Public Parking, Free
  • Attached Garage: No
  • Parking:Free: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Showroom, Display Window(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Showroom: Yes
  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size Sq Ft: 5514.0
  • Additional Parcels: No
  • Parcel #: 138-35-013
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2016-11-01

Multi Family

  • Owner Pays: Property Taxes, Common Area Maint, Bldg Liability Ins, Sewer
  • Tenant Pays: Trash Collection, Electricity, Gas, Water, Sewer, Contents Insurance, Liability Insurance, Janitorial Service
  • Existing Lease Type: Gross
  • Leasable Area: 2600.0

Tax Info

  • Tax Annual Amount: 4814.0
  • Tax Book Number: 138.00
  • Tax Lot: 1
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Mar 26, 2017
Sold by
Ca2p L L C
Bought by
Main Street West Llc
Seller's Agent
Joan Krueger
Bliss Realty & Investments
Buyer's Agent
Joan Krueger
Bliss Realty & Investments
List Price
$2,600
Sold Price
$537,000
Premium/Discount to List
$534,400
20553.85%
Current Estimated Value
$1,155,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$618,572
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Oct 26, 2000
Sold by
Arnush Terry T and Tearston Gary M
Bought by
Cap2p+ Llc

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
7.9%
Mortgage Type
Commercial
Source: Public Records
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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
Main Street West Llc $575,000 First American Title Insuran
Cap2p+ Llc $105,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cap2p+ Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2017 04/05/17 Sold $537,000 +20553.8% $87 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
10/31/2016 10/31/16 For Sale $2,600 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $5,219 $45,369 -- --
2024 $5,513 $44,559 -- --
2023 $5,513 $69,581 $16,966 $52,615
2022 $5,552 $60,638 $11,060 $49,578
2021 $5,602 $62,154 $11,376 $50,778
2020 $5,536 $61,578 $11,304 $50,274
2019 $5,212 $60,264 $11,448 $48,816
2018 $5,026 $57,312 $9,450 $47,862
2017 $4,894 $58,734 $8,748 $49,986
2016 $4,814 $53,604 $7,614 $45,990
2015 $4,653 $34,429 $6,827 $27,602
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joan Krueger

    Bliss Realty & Investments

  • George Bliss

    Seller Co-Listing Agent in 2017

    George Bliss

    ProSmart Realty

    (480) 807-8237

    11 Total Sales

    George Bliss
    Section Image

  • G

    Buyer Co-Listing Agent in 2017

    George F Bliss III

    Bliss Realty & Investments

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5518962

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-35-013

Arizona Maricopa County Mesa 85201 Downtown Mesa

128 W Main St, Mesa, AZ

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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