Seller's Agent in 2020
Francois Martinet
Net Land Realty
(480) 787-1529
12 Total Sales
1320 E Broadway Rd Mesa, AZ 85204
Reed Park NeighborhoodEstimated Value: $824,891
Studio
--
Bath
62,672
Sq Ft
$13/Sq Ft
Est. Value
Highlights
- 0.68 Acre Lot
- Central Air
- Heating Available
- Franklin at Brimhall Elementary School Rated A
- Partially Fenced Property
About This Home
As of October 2020Easy access, large parking area, 1 level Ranch Style Adobe Building with Central courtyard. Mature trees and Grass area, central Building with set of Bathroom and a Private office above. INDIVIDUAL ELECTRIC METERS !!!
Total of 8 (rented) suites + private office
Great for long term investments or part owner occupy (6 suites are month to month, but wishes to say) Seller financing @ 4.5%, 30 year Available with 30% down
Last Agent to Sell the Property
Net Land Realty License #BR507628000 Listed on: 02/24/2020
Property Details
Property Type
- Other
Est. Annual Taxes
- $8,057
Year Built
- Built in 1983
Lot Details
- 0.68 Acre Lot
- Partially Fenced Property
- Block Wall Fence
- Property is zoned C-O
Home Design
- 62,672 Sq Ft Home
- Built-Up Roof
- Foam Roof
- Stucco
Parking
- 22 Open Parking Spaces
- 46 Parking Spaces
- 24 Covered Spaces
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 138-14-025-C
Community Details
Overview
- 2 Buildings
- Hibbert Allen Acres Lots 8 20 Subdivision
Building Details
- Operating Expense $22,397
- Gross Income $348,769
- Net Operating Income $59,196
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 24, 2020
Sold by
Greentree Investments Llc
Bought by
Lucky Mac Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$298,225
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$526,666
Purchase Details
Closed on
Oct 27, 2005
Sold by
Rrb Properties Llc
Bought by
Greentree Investments Llc
Purchase Details
Closed on
Oct 4, 2002
Sold by
Finberg Robert A
Bought by
Finberg Robert A and Robert A Finberg Revocable Tru
Purchase Details
Closed on
Jul 27, 2000
Sold by
Christenson Clayton R
Bought by
Finberg Robert and Finberg Roger M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.12%
Mortgage Type
Seller Take Back
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lucky Mac Llc | $600,000 | Empire West Title Agency Llc | |
| Greentree Investments Llc | $700,000 | Security Title Agency Inc | |
| Rrb Properties Llc | $700,000 | Security Title Agency Inc | |
| Finberg Robert A | -- | -- | |
| Finberg Robert | $390,000 | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lucky Mac Llc | $420,000 | |
| Previous Owner | Finberg Robert | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2020 10/31/20 | Sold | $600,000 | -14.9% | $10 / Sq Ft |
| 08/06/2020 08/06/20 | Pending | -- | -- | -- |
| 02/24/2020 02/24/20 | For Sale | $705,000 | -- | $11 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $7,811 | $79,168 | -- | -- |
| 2024 | $8,324 | $77,754 | -- | -- |
| 2023 | $8,324 | $110,619 | $45,645 | $64,974 |
| 2022 | $8,392 | $113,996 | $48,283 | $65,713 |
| 2021 | $8,737 | $101,898 | $49,662 | $52,236 |
| 2020 | $8,623 | $98,208 | $43,560 | $54,648 |
| 2019 | $8,057 | $68,148 | $38,700 | $29,448 |
| 2018 | $7,732 | $69,498 | $40,446 | $29,052 |
| 2017 | $7,502 | $60,282 | $37,440 | $22,842 |
| 2016 | $8,209 | $64,008 | $32,562 | $31,446 |
Source: Public Records
Agents Affiliated with this Home
-
Francois Martinet
-
Daniel Shreeve
D
Buyer's Agent in 2020
Daniel Shreeve
Arizona Platinum Properties LLC
(480) 600-4307
5 in this area
29 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6041269
APN: 138-14-025C
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.
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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