J
Seller's Agent in 2018
Jared Harris
Edge Realty, LLC
(480) 204-3981
52 Total Sales
1338 W Lobo Ave Mesa, AZ 85202
Dobson Neighborhood
9
Beds
3
Baths
3,130
Sq Ft
8,721
Sq Ft Lot
Highlights
- Eat-In Kitchen
- Heating Available
- 1-Story Property
- Franklin at Brimhall Elementary School Rated A
About This Home
As of May 2018This property is being sold to investors only as it currently operates as an assisted living facility. The current lease is a three year lease for $3000 per month. The tenant has the option to extend the lease each year for seven additional years. If the tenant extends the landlord can negotiate a higher monthly lease amount. The home has nine beds three bathrooms and an office. The Home and business is licensed for a maximum of 10 residents. There is a large greatroom with lots of natural light and a big screen TV. Premium location for this type of business in Mesa.
Last Agent to Sell the Property
Edge Realty, LLC License #SA629707000 Listed on: 03/05/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,112
Year Built
- Built in 1978
Lot Details
- 8,721 Sq Ft Lot
- Block Wall Fence
Parking
- 3 Open Parking Spaces
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- 3,130 Sq Ft Home
- 1-Story Property
Kitchen
- Eat-In Kitchen
- Dishwasher
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Bathrooms
Schools
- Alma Elementary School
- Rhodes Junior High School
- Dobson High School
Utilities
- Refrigerated Cooling System
- Heating Available
Community Details
- Property has a Home Owners Association
- Dobson Ranch HOA, Phone Number (480) 831-8314
- Dobson Ranch Unit 3 Subdivision
Listing and Financial Details
- Tax Lot 1069
- Assessor Parcel Number 305-07-160
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2017
Closed on
May 2, 2018
Sold by
Mor Holdings Llc
Bought by
Mesa Rentals Llc
Seller's Agent
Scott Harris
Edge Realty, LLC
Buyer's Agent
Ephrem Jando
Real Broker
List Price
$400,000
Sold Price
$390,333
Premium/Discount to List
-$9,667
-2.42%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,038
Avg. Annual Appreciation
7.66%
Original Mortgage
$80,000
Outstanding Balance
$69,675
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
$597,456
Purchase Details
Closed on
Jan 26, 2017
Sold by
Loyal Care Assisted Living Llc
Bought by
Mor Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 26, 2016
Sold by
Bhatia Ben
Bought by
Loyal Care Assisted Living Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.48%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 26, 2013
Closed on
Oct 22, 2013
Sold by
Lorimer Laura Mae
Bought by
Bhatia Ben
Seller's Agent
Robert Tolnai
Best Homes Real Estate
Buyer's Agent
Chip Neiculescu
HomeSmart
List Price
$329,000
Sold Price
$312,000
Premium/Discount to List
-$17,000
-5.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$218,400
Interest Rate
4.46%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 26, 2013
Closed on
Oct 11, 2013
Sold by
Lorimer Monique
Bought by
Lorimer Laura Mae
Seller's Agent
Robert Tolnai
Best Homes Real Estate
Buyer's Agent
Chip Neiculescu
HomeSmart
List Price
$329,000
Sold Price
$312,000
Premium/Discount to List
-$17,000
-5.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
4.46%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 21, 2013
Sold by
Lorimer Laura Mae and Serban Ionel
Bought by
Lorimer Monique
Purchase Details
Closed on
Jul 26, 2005
Sold by
Dailey Sylvia N
Bought by
Dailey Allan F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,400
Interest Rate
6.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 30, 2002
Sold by
Pantiru Vasile
Bought by
Lorimer Laura
Purchase Details
Closed on
Apr 10, 2000
Sold by
Pantiru Vasile
Bought by
Pantiru Vasile and Lorimer Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 7, 2000
Sold by
Mardare Camelia
Bought by
Pantiru Vasile
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 2, 1999
Sold by
Mardare Camelia and Mardare Calin
Bought by
Mardare Camelia
Purchase Details
Closed on
May 5, 1999
Sold by
Mardare Camelia and Mardare Calin
Bought by
Mardare Camelia and Mardare Calin
Purchase Details
Closed on
Oct 19, 1995
Sold by
Cambou Bertrand F and Cambou Line
Bought by
Mardare Camelia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.48%
Mortgage Type
Commercial
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $390,333 | Empire West Title Agency Llc | |
| Warranty Deed | -- | Security Title Agency Inc | |
| Warranty Deed | $275,000 | Security Title Agency | |
| Warranty Deed | $312,000 | Precision Title Agency Agenc | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $180,000 | Capital Title Agency | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $150,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $80,000 | Commercial | |
| Previous Owner | $277,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $275,000 | Commercial | |
| Previous Owner | $120,000 | Commercial | |
| Previous Owner | $218,400 | Commercial | |
| Previous Owner | $250,400 | Commercial | |
| Previous Owner | $171,000 | Commercial | |
| Previous Owner | $142,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2018 05/10/18 | Sold | $390,333 | 0.0% | $125 / Sq Ft |
| 05/03/2018 05/03/18 | Sold | $390,333 | -2.4% | $125 / Sq Ft |
| 04/13/2018 04/13/18 | Pending | -- | -- | -- |
| 03/05/2018 03/05/18 | For Sale | $400,000 | 0.0% | $128 / Sq Ft |
| 03/05/2018 03/05/18 | Price Changed | $400,000 | 0.0% | $128 / Sq Ft |
| 03/05/2018 03/05/18 | For Sale | $400,000 | 0.0% | $128 / Sq Ft |
| 07/10/2017 07/10/17 | For Sale | $400,000 | +28.2% | $128 / Sq Ft |
| 10/24/2013 10/24/13 | Sold | $312,000 | -5.0% | $100 / Sq Ft |
| 10/03/2013 10/03/13 | Pending | -- | -- | -- |
| 09/08/2013 09/08/13 | Price Changed | $328,500 | -0.2% | $105 / Sq Ft |
| 08/19/2013 08/19/13 | For Sale | $329,000 | -- | $105 / 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 | $2,508 | $25,549 | -- | -- |
| 2024 | $2,528 | $24,332 | -- | -- |
| 2023 | $2,528 | $46,460 | $9,290 | $37,170 |
| 2022 | $2,476 | $35,210 | $7,040 | $28,170 |
| 2021 | $2,506 | $32,720 | $6,540 | $26,180 |
| 2020 | $2,474 | $31,510 | $6,300 | $25,210 |
| 2019 | $2,311 | $29,500 | $5,900 | $23,600 |
| 2018 | $2,218 | $26,810 | $5,360 | $21,450 |
| 2017 | $2,152 | $25,750 | $5,150 | $20,600 |
| 2016 | $2,112 | $26,620 | $5,320 | $21,300 |
| 2015 | $1,985 | $23,560 | $4,710 | $18,850 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Seller's Agent in 2018
Scott Harris
Edge Realty, LLC
(480) 694-0340
48 Total Sales
-
Buyer's Agent in 2018
Ephrem Jando
Real Broker
(480) 206-3631
40 Total Sales
-
Seller's Agent in 2013
Robert Tolnai
Best Homes Real Estate
(602) 516-5360
125 Total Sales
-
C
Buyer's Agent in 2013
Chip Neiculescu
HomeSmart
(602) 230-7600
9 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5732230
APN: 305-07-160
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
Nearby Homes
- 2329 S Elm
- 2406 S Mulberry
- 2347 S Canton
- 2249 S Canton
- 1434 W Meseto Ave Unit 3
- 2448 S Standage
- 1251 W Kiva Ave
- 2061 S Rogers
- 2322 S Rogers Unit 39
- 2267 S Spruce
- 1331 W Baseline Rd Unit 253
- 1331 W Baseline Rd Unit 360
- 1331 W Baseline Rd Unit 167
- 1331 W Baseline Rd Unit 120
- 1331 W Baseline Rd Unit 148
- 1331 W Baseline Rd Unit 340
- 1114 W Meseto Ave
- 1255 W Baseline Rd Unit B139
- 1005 W Madero Ave
- 1334 W Nopal Ave