$550,000
SOLD OCT 15, 2024
-- Bed
-- Bath
1,608 Sq Ft
0.26 Acres

Recently Sold

$342 Per Sq Ft

11% Below List Price

34 Days on Market

Highlights

  • Wood Flooring
  • Community Kitchen
  • Central Air
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2024

Location, location, location. This property is located in downtown Mesa and surrounded by businesses as well as many residential properties. This property is zoned Commercial could be a great place for an office, hair salon or coffee shop. Must verify with City of Mesa for what you would want to do with it.

Last Agent to Sell the Property

Richard McCusker

JPAR Vantage License #SA540550000 Listed on: 10/02/2024

JPAR Vantage

Last Buyer's Agent

Ernesto Moreno Rigollot

Gentry Real Estate License #SA651577000

Gentry Real Estate

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $698

Year Built

  • Built in 1943

Lot Details

  • 0.26 Acre Lot
  • Block Wall Fence
  • Property is zoned C-TC

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,608 Sq Ft Home
  • Wood Flooring
  • Basement

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Public Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Mesa Arizona Subdivision
  • Community Kitchen
  • Operating Expense $698

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 138-46-042

Property Details

Property Type

Other

Est. Annual Taxes

$698

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr & 1st Ave
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-TC
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1943
  • Tax Year: 2023
  • Directions: Go west from Mesa Dr, property is on the south side of 1st Ave
  • Lot Size Acres: 0.26
  • Subdivision Name: MESA ARIZONA
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood
  • Living Area: 1608.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Stucco
  • Roof: Composition
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Public Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Basement, Kitchen, Showers - Office
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Basement: Yes

Lot Info

  • Lot Size Sq Ft: 11250.0
  • Parcel #: 138-46-042
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 698.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 698.0
  • Tax Book Number: 138.00
  • Tax Lot: 7
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2025
Sold by
Rigollot Ernesto M and Rigollot Emma
Bought by
Rigollot Family Trust and Rigollot
Current Estimated Value
$547,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,553
Outstanding Balance
$194,392
Interest Rate
6.96%
Estimated Equity
$353,129

Purchase Details

Listed on
Oct 2, 2024
Closed on
Oct 11, 2024
Sold by
Nikolich Brendan Derrick
Bought by
Rigollot Ernesto M and Rigollot Emma
Seller's Agent
Richard McCusker
JPAR Vantage
Buyer's Agent
Ernesto Moreno Rigollot
Gentry Real Estate
List Price
$620,000
Sold Price
$550,000
Premium/Discount to List
-$70,000
-11.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.66%
Original Mortgage
$230,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2022
Sold by
Nikolich and Petar
Bought by
Nikolich Brendan Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2010
Sold by
Coe Eunice Lucille
Bought by
Nikolich Shelley and Nikolich Petar

Purchase Details

Closed on
Sep 25, 1995
Sold by
Coe Emerson Robert and Coe Eunice Lucille
Bought by
Coe Emerson Robert and Coe Eunice Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.92%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Special Warranty Deed -- Chicago Title Agency
Warranty Deed $550,000 Chicago Title Agency
Warranty Deed -- --
Cash Sale Deed $85,000 Stewart Title & Trust Of Pho
Warranty Deed -- United Title Agency
Interfamily Deed Transfer -- United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $194,553 No Value Available
Closed $203,000 New Conventional
Previous Owner $230,000 New Conventional
Previous Owner $144,000 New Conventional
Previous Owner $281,250 New Conventional
Previous Owner $132,000 New Conventional
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $550,000 -11.3% $342 / Sq Ft
10/02/2024 10/02/24 Price Changed $620,000 0.0% $386 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $620,000 0.0% $386 / Sq Ft
11/01/2022 11/01/22 Rented $2,250 0.0% --
10/29/2022 10/29/22 Under Contract -- -- --
10/19/2022 10/19/22 For Rent $2,250 -- --
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 $941 $8,312 -- --
2024 $698 $7,916 -- --
2023 $698 $27,680 $5,530 $22,150
2022 $683 $20,870 $4,170 $16,700
2021 $701 $19,170 $3,830 $15,340
2020 $692 $18,370 $3,670 $14,700
2019 $641 $17,300 $3,460 $13,840
2018 $612 $15,570 $3,110 $12,460
2017 $593 $13,510 $2,700 $10,810
2016 $582 $12,100 $2,420 $9,680
2015 $550 $8,620 $1,720 $6,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6731779

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-46-042