NOT LISTED FOR SALE

1328 W University Dr Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $909,582

-- Bed
-- Bath
6,057 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $740,000 $122 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,760/month

8 Days on Market

Highlights

  • 0.51 Acre Lot
  • Community Kitchen
  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of March 2024

Over 6,000 square foot standalone building most recently used as Mexican restaurant with a spacious covered patio for outdoor dining. Includes large, fully equipped kitchen with vent hoods, sinks, walk in cooler and grease drains. Approximately 2,000 feet currently configured as separate bar with stage for live music/entertainment. Could be separated relatively easily to create two suites to maximize lease income potential. Adjacent to large strip center with lots of available parking. Direct exposure to high traffic counts on University drive, across the street from large AT&T campus and just minutes from the freeways.

Last Listed By

Sonia James

Saguaro Desert Realty License #BR559323000 Listed on: 02/13/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,948

Year Built

  • Built in 1980

Lot Details

  • 0.51 Acre Lot
  • Property is zoned LC

Home Design

  • 6,057 Sq Ft Home
  • Foam Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Community Kitchen
  • Operating Expense $8,948

Listing and Financial Details

  • Assessor Parcel Number 135-32-020-D

Property Details

Property Type

Other

Est. Annual Taxes

$8,948

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Alma School and University
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: LC
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2023
  • Directions: From the 202 exit on Alma School, R on University, Property on the right side.
  • Lot Size Acres: 0.51
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Ceramic Tile, Concrete
  • Living Area: 6057.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Parking Lot, Paved, Private, Free
  • Attached Garage: No
  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 16.0
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 16.0

Utilities

  • Electric: Other (See Remarks), SRP
  • Cooling: Central Air, Office Evap
  • Heating: Electric, Natural Gas
  • Green Building Features: Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 22346.0
  • Parcel #: 135-32-020-D
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 8948.0

Tax Info

  • Tax Annual Amount: 8948.0
  • Tax Book Number: 135.00
  • Tax Lot: NA
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Mar 19, 2024
Sold by
Tapia Berenice
Bought by
Sigma Green Lane Inc
Seller's Agent
Sonia James
Saguaro Desert Realty
Buyer's Agent
Werner Von Borries
Special Agent
List Price
$925,000
Sold Price
$740,000
Premium/Discount to List
-$185,000
-20%
Total Days on Market
8
Views
50
Current Estimated Value
$909,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,582

Purchase Details

Listed on
Feb 13, 2024
Closed on
Mar 11, 2024
Sold by
James Sonia
Bought by
Tapia Berenice
Seller's Agent
Sonia James
Saguaro Desert Realty
Buyer's Agent
Werner Von Borries
Special Agent
List Price
$925,000
Sold Price
$740,000
Premium/Discount to List
-$185,000
-20%
Views
50

Purchase Details

Closed on
Sep 15, 2020
Sold by
Loza Agustin and Loza James Sonia
Bought by
James Sonia

Purchase Details

Closed on
Oct 18, 2017
Sold by
James Sonia
Bought by
Loza Agustin and Loza James Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 12, 2017
Sold by
David Morgan Designs Llc
Bought by
James Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 16, 2017
Sold by
Cambridge Avenue Properties Llc
Bought by
David Morgan Designs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 29, 2013
Sold by
Miceli Leonard
Bought by
Jundef Moshe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 30, 2012
Sold by
Bank Of America
Bought by
Micel Leonard

Purchase Details

Closed on
Oct 31, 2011
Sold by
Rubio Everardo
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 29, 2004
Sold by
Rubio Maria E
Bought by
Rubio Everado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,695
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 1995
Sold by
Monsour Peter T and Monsour Maralyne J
Bought by
Ziede Frank and Ziede Ann L

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
Interest Rate
7.62%

Range of Values:

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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 Buyer Sale Price Title Company
Sigma Green Lane Inc -- --
Tapia Berenice $740,000 Driggs Title Agency
James Sonia -- Driggs Title Agency
James Sonia -- None Available
Loza Agustin -- None Available
James Sonia $250,000 American Title Service Agenc
David Morgan Designs Llc $205,000 First Arizona Title Agency L
Jundef Moshe $177,000 First Arizona Title Agency
Micel Leonard $120,000 First American Title Company
Bank Of America Na $112,300 None Available
Rubio Everado -- Fidelity National Title
Rubio Everardo $400,000 Fidelity National Title
Ziede Frank -- Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Sonia $150,000
Previous Owner David Morgan Designs Llc $140,000
Previous Owner Jundef Moshe $107,000
Previous Owner Rubio Everardo $400,695
Previous Owner Ziede Frank $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $740,000 -20.0% $122 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $925,000 -- $153 / 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 $8,614 $85,101 -- --
2024 $8,948 $83,582 -- --
2023 $8,948 $238,578 $114,223 $124,355
2022 $9,021 $210,805 $93,380 $117,425
2021 $9,392 $217,368 $96,048 $121,320
2020 $9,269 $147,762 $93,618 $54,144
2019 $8,660 $104,706 $61,398 $43,308
2018 $8,312 $99,666 $57,402 $42,264
2017 $8,064 $64,800 $36,522 $28,278
2016 $8,310 $64,800 $36,522 $28,278
2015 $8,711 $80,124 $50,061 $30,063
Source: Public Records

Agents Affiliated with this Home

  • Sonia James

    Seller's Agent in 2024

    Sonia James

    Saguaro Desert Realty

    (480) 580-0814

    3 in this area

    42 Total Sales

    Sonia James
    Section Image
  • Werner Von Borries

    Buyer's Agent in 2024

    Werner Von Borries

    Special Agent

    (480) 834-4840

    1 in this area

    79 Total Sales

    Werner Von Borries
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6663117

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-32-020D

Arizona Maricopa County Mesa 85201 Riverview

1328 W University Dr, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 1328 W University Dr, Mesa, AZ 85201 since 13 February 2024 and is currently priced at $909,582, approximately $150 per square foot. This property was built in 1980. 1328 W University Dr is a home located in Maricopa County with nearby schools including Whittier 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

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