NOT LISTED FOR SALE

151 N Centennial Way Mesa, AZ 85201

Downtown Mesa Neighborhood
Studio
-- Baths
5,321 Sq Ft
4,879 Sq Ft Lot

Sale Details

Date Sold: October 25, 2017

Last sale price $450,000 $85 Per Sq Ft

36 Days on Market

Highlights

  • Meeting Room
  • Elevator
  • Carpet
  • Franklin Accelerated Academy-Brimhall Campus Rated A
  • Central Air
  • Heating Available

About This Home

As of October 2017

Located in downtown Mesa near the Convention Center, Marriott Hotel, City Hall, Mesa Community College campus and new Veterans' Resource Center. Easy access to Light Rail and adjacent to City of Mesa parking garage. Two-Story Building is fully sprinklered and was used as an education Center and computer lab until recently. Building was renovated in 2013.

Ideal for Owner-User or investor.

Last Agent to Sell the Property

George Bliss

ProSmart Realty License #SA110285000 Listed on: 07/03/2017

ProSmart Realty

Co-Listed By

Joan Krueger

Bliss Realty & Investments License #SA579766000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,479

Year Built

  • Built in 1985

Lot Details

  • 4,879 Sq Ft Lot
  • Property is zoned O-S

Home Design

  • 5,321 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • Public Parking
  • Community Parking Structure

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 138-31-001-C

Community Details

Overview

  • Mesa City Arizona Subdivision

Amenities

  • Meeting Room
  • Elevator
  • Reception Area

Building Details

  • Operating Expense $36,579
  • Gross Income $61,750
  • Net Operating Income $44,000

Property Details

Property Type

Other

Est. Annual Taxes

$5,479

Year Built

Built in 1985

Lot Details

4,879 Sq Ft Lot

Listing Details

  • Cross Street: Main and Center Streets
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: O-S
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2016
  • Lot Size Acres: 0.11
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: brel001
  • Co List Office Phone: 480-235-3617
  • Subdivision Name: MESA CITY ARIZONA
  • Structure Type: Office
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 5321.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Public Parking, Parking Structure
  • Attached Garage: No
  • Parking:Public Parking: Yes
  • Parking:Parking Structure: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Other (See Remarks), Public Elevator(s), Conference Room, Reception Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Public Elevator(s): Yes
  • Amenities:Conference Room: Yes
  • Amenities:Other (See Remarks)32: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 1000.0

Lot Info

  • Lot Size Sq Ft: 4879.0
  • Parcel #: 138-31-001-C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 10000.0
  • Annual Gross Income: 61750.0
  • Insurance Expense: 2900.0
  • Maintenance Expense: 6000.0
  • Property Net Operating Income: 44000.0
  • Annual Operating Expense: 36579.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 5479.0
  • Tax Book Number: 138.00
  • Tax Lot: 4
  • Tax Map Number: 31.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Dewitt Lorenzen Holdings Llc
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,500
Interest Rate
2.8%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Aug 22, 2017
Sold by
Brown Henry E and The Survivor S Trust
Bought by
Dewitt Lorenzen 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
$510,900
Interest Rate
3.78%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Mesa, AZ

  • Lynette Clemens Real Estate Agent - Keller Williams Realty Sonoran Living

    Lynette Clemens

    Keller Williams Realty Sonoran Living

    (833) 558-7589

    152 Total Sales

    1 in Downtown Mesa

    $370,000 Price

    Lynette Clemens
     Section Image
  • Craig Roetman Real Estate Agent - eXp Realty

    Craig Roetman

    eXp Realty

    (480) 787-0500

    19 Total Sales

    2 in Downtown Mesa

    $225K - $335K Price Range

    Craig Roetman
     Section Image
  • Kim Panozzo Real Estate Agent - HomeSmart

    Kim Panozzo

    HomeSmart

    (623) 888-8019

    882 Total Sales

    2 in Downtown Mesa

    $326K - $371K Price Range

    Kim Panozzo
     Section Image
  • Sheila Spinck Real Estate Agent - Berkshire Hathaway HomeServices Arizona Properties

    Sheila Spinck

    Berkshire Hathaway HomeServices Arizona Properties

    (855) 608-0914

    48 Total Sales

    1 in Downtown Mesa

    $290,000 Price

    Sheila Spinck
     Section Image
  • Andrew McCargar Real Estate Agent - Done Deal

    Andrew McCargar

    Done Deal

    (480) 864-3781

    59 Total Sales

    1 in Downtown Mesa

    $300,000 Price

    Andrew McCargar
     Section Image
  • Samantha Kack Real Estate Agent - Century 21 Arizona Foothills

    Samantha Kack

    Century 21 Arizona Foothills

    (480) 787-0471

    43 Total Sales

    1 in Downtown Mesa

    $335,000 Price

    Samantha Kack
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 Pioneer Title
Dewitt Lorenzen Holdings Llc $450,000 First American Title Insuran
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $754,929
Open Hello Sugar Real Estate Llc $1,308,300
Closed -- $920,500
Previous Owner Dewitt Lorenzen Holdings Llc $510,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/25/2017 10/25/17 Sold $450,000 -14.3% $85 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
07/02/2017 07/02/17 For Sale $525,000 -- $99 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,047 $55,326
2024 $6,406 $54,338
2023 $6,406 $76,228 $13,005 $63,223
2022 $6,454 $76,773 $9,205 $67,568
2021 $6,326 $71,514 $9,468 $62,046
2020 $6,246 $56,538 $9,396 $47,142
2019 $6,078 $47,664 $9,414 $38,250
2018 $5,852 $54,018 $7,524 $46,494
2017 $5,691 $45,054 $6,966 $38,088
2016 $5,479 $40,122 $6,066 $34,056
2015 $6,590 $52,059 $5,032 $47,027
Source: Public Records

Agents Affiliated with this Home

  • George Bliss Real Estate Agent - ProSmart Realty

    Seller's Agent in 2017

    George Bliss

    ProSmart Realty

    (480) 807-8237

    12 Total Sales

    George Bliss
    Section Image

  • JK

    Seller Co-Listing Agent in 2017

    Joan Krueger

    Bliss Realty & Investments

  • N

    Buyer's Agent in 2017

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5628036

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-31-001C

Arizona Maricopa County Mesa 85201 Downtown Mesa

151 N Centennial Way, Mesa, AZ

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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