NOT LISTED FOR SALE

145 E University Dr Mesa, AZ 85201

Downtown Mesa Neighborhood

Estimated Value: $951,129

-- Bed
-- Bath
7,753 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $860,000 $111 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,191/month

102 Days on Market

Highlights

  • Gated Community
  • 0.53 Acre Lot
  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Community Kitchen
  • Heating Available

About This Home

As of August 2021

Fully leased office building for sale in downtown Mesa. Existing leases in place in all 7 units. Common area with bathrooms and kitchen in the main hallway. Access to all suites through main courtyard which is locked at night.

Last Agent to Sell the Property

Tony Preston

JPAR Vantage License #BR107734000 Listed on: 03/23/2021

JPAR Vantage

Co-Listed By

Audrey Anthony

JPAR Vantage License #SA683104000

Last Buyer's Agent

Vana Vartoomian

D-LEX Realty License #SA680241000

D-LEX Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,671

Year Built

  • Built in 1987

Lot Details

  • 0.53 Acre Lot
  • Property is zoned C-DC

Home Design

  • 7,753 Sq Ft Home
  • Tilt Up Walls
  • Metal Roof

Parking

  • 40 Open Parking Spaces
  • 40 Parking Spaces
  • Public Parking
  • Free Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Centennial Way Amd Subdivision
  • Community Kitchen
  • Gated Community

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 138-61-096-B

Property Details

Property Type

Other

Est. Annual Taxes

$10,671

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: Pasadena
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-DC
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1987
  • Tax Year: 2020
  • Lot Size Acres: 0.53
  • Co List Office Mls Id: jparv01
  • Subdivision Name: CENTENNIAL WAY AMD
  • Structure Type: Office
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Living Area: 7753.0

Exterior Features

  • Fencing: None
  • Construction Type: See Remarks, Tilt-Up
  • Roof: Metal
  • Construction:Other (See Remarks)23: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking Features: Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 40.0
  • Total Parking Spaces: 40.0
  • General Property Description:Uncvrd Parking Spcs: 40.0
  • General Property Description:Total Parking Spcs: 40.0
  • Parking:Free: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Electric, Other, See Remarks
  • Green Building Features: Kitchen, Security Gate
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 22914.0
  • Parcel #: 138-61-096-B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10671.0
  • Tax Book Number: 138.00
  • Tax Lot: C
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Sep 1, 2021
Sold by
Perri Dev Bct Joint Venture
Bought by
Roro Diko Holdings Llc
Seller's Agent
Tony Preston
JPAR Vantage
Buyer's Agent
Vana Vartoomian
D-LEX Realty
List Price
$860,000
Sold Price
$860,000
Current Estimated Value
$951,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,129
Avg. Annual Appreciation
2.48%
Original Mortgage
$250,000
Outstanding Balance
$229,640
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$715,909

Purchase Details

Closed on
Mar 28, 1998
Sold by
Bct Joint Venture
Bought by
Perri Dev Bct Joint Venture

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Roro Diko Holdings Llc $860,000 Grand Canyon Title Agency
Perri Dev Bct Joint Venture -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roro Diko Holdings Llc $250,000
Previous Owner Perri Dev Bct Joint Venture $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $860,000 0.0% $111 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $860,000 -- $111 / 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 $11,251 $92,608 -- --
2024 $11,614 $90,955 -- --
2023 $11,614 $140,964 $47,413 $93,551
2022 $11,693 $128,783 $31,885 $96,898
2021 $10,804 $117,936 $32,796 $85,140
2020 $10,671 $92,574 $33,318 $59,256
2019 $10,008 $81,270 $32,814 $48,456
2018 $9,629 $94,986 $34,704 $60,282
2017 $9,360 $79,740 $32,130 $47,610
2016 $9,197 $67,158 $27,936 $39,222
2015 $13,919 $115,052 $23,884 $91,168
Source: Public Records

Agents Affiliated with this Home

  • Tony Preston

    Seller's Agent in 2021

    Tony Preston

    JPAR Vantage

    (602) 615-1383

    2 in this area

    21 Total Sales

    Tony Preston
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Audrey Anthony

    JPAR Vantage

  • V

    Buyer's Agent in 2021

    Vana Vartoomian

    D-LEX Realty

    (602) 687-7803

    1 in this area

    16 Total Sales

    Vana Vartoomian
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6210722

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-61-096B

Arizona Maricopa County Mesa 85201 Downtown Mesa

145 E University Dr, Mesa, AZ

This home is located at 145 E University Dr, Mesa, AZ 85201 since 23 March 2021 and is currently estimated at $951,129, approximately $122 per square foot. This property was built in 1987. 145 E University Dr is a home located in Maricopa County with nearby schools including Eisenhower Center for Innovation, 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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