NOT LISTED FOR SALE

1314 N Recker Rd Mesa, AZ 85205

Estimated Value: $2,683,647

-- Bed
-- Bath
11,178 Sq Ft
$240/Sq Ft Est. Value

Last Sold September 11, 2017

Last sale price $1,550,000 $139 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $16,729/month

417 Days on Market

About This Home

As of September 2017

• Owner Occupied Office Building for Sale or Lease
• 11,178 SF Building
• Divisible: 6,874 SF & 4,304 SF
• For Sale: $1,844,040
• For Lease: $13.95 NNN
• Built Out Office Space
• Building Signage Available
• Covered Parking Available

Last Listed By

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 05/05/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $23,367

Year Built

  • Built in 2006

Lot Details

  • 1.55 Acre Lot

Home Design

  • 11,178 Sq Ft Home

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Community Details

  • Nielson Commercial Plaza Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 141-44-738

Property Details

Property Type

Other

Est. Annual Taxes

$23,367

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: Recker & Brown
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: Other
  • Number Of Buildings: 1
  • Year Built: 2006
  • Tax Year: 2015
  • Lot Size Acres: 1.55
  • Subdivision Name: NIELSON COMMERCIAL PLAZA UNIT 2
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Other, See Remarks
  • Construction Type: Other, See Remarks
  • Roof: See Remarks, Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Lot Size Sq Ft: 67486.0
  • Additional Parcels: No
  • Parcel #: 141-44-738
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 23367.0
  • Tax Book Number: 141.00
  • Tax Lot: 7
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Sep 11, 2017
Sold by
Pathfinder Trf Eight Llc
Bought by
Wilson Property Ventures Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
List Price
$1,844,040
Sold Price
$1,550,000
Premium/Discount to List
-$294,040
-15.95%
Total Days on Market
417
Current Estimated Value
$2,683,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,133,647
Avg. Annual Appreciation
7.78%
Original Mortgage
$1,240,000
Outstanding Balance
$1,057,990
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$1,701,056

Purchase Details

Closed on
Mar 26, 2013
Sold by
Djb Properties L C
Bought by
Pathfinder Trf Eight Llc

Purchase Details

Closed on
Jan 28, 2005
Sold by
Nielson Karl Joseph and Nielson Georgia Mae
Bought by
Djb Properties Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.6%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wilson Property Ventures Llc $1,550,000 Commonwealth Land Title Insu
Pathfinder Trf Eight Llc $998,000 Commonwealth Land Title Insu
Djb Properties Lc $584,486 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Property Ventures Llc $1,240,000
Previous Owner Djb Properties Of Iowa L C $4,771,380
Previous Owner Djb Properties Llc $1,931,000
Previous Owner Djb Properties Lc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2017 09/11/17 Sold $1,550,000 -15.9% $139 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
05/05/2016 05/05/16 For Sale $1,844,040 -- $165 / 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 $21,349 $210,906 -- --
2024 $22,176 $207,140 -- --
2023 $22,176 $287,368 $111,673 $175,695
2022 $22,356 $265,791 $109,708 $156,083
2021 $23,275 $235,242 $112,842 $122,400
2020 $22,972 $226,224 $115,650 $110,574
2019 $21,463 $179,928 $103,194 $76,734
2018 $20,600 $169,758 $94,122 $75,636
2017 $19,985 $188,802 $87,138 $101,664
2016 $19,614 $152,946 $77,814 $75,132
2015 $23,367 $184,630 $66,589 $118,041
Source: Public Records

Agents Affiliated with this Home

  • Tanner Milne

    Seller's Agent in 2017

    Tanner Milne

    The Menlo Group Commercial Real Estate

    (480) 282-2225

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5438317

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-44-738

Arizona Maricopa County Mesa 85205

1314 N Recker Rd, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 1314 N Recker Rd, Mesa, AZ 85205 since 05 May 2016 and is currently estimated at $2,683,647, approximately $240 per square foot. This property was built in 2006. 1314 N Recker Rd is a home located in Maricopa County with nearby schools including Mendoza 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

Nearby Homes