NOT LISTED FOR SALE

1533 N Alma School Rd Unit 15 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $2,560,429

-- Bed
1 Bath
26,070 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $1,525,000 $58 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $15,637/month

867 Days on Market

Highlights

  • 1.35 Acre Lot
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of April 2019

Alma School Plaza Self Storage facility consisting of 26,070 sq ft, built in 1986 with retail frontage. Just one block south of the North 202 Red Mountain freeway. This property consists of a secured/gated retail, office & mini storage facility with 64 units and 2 open RV spaces with electric gate. Consistently 95% full. 2 story office building with manager's residence. The property also includes a retail strip center with 6 single story retail/office spaces highly visible from Alma School Rd. Recently updated complex including pole signage, paved parking lot, security, interior & exterior paint. High traffic intersection with 27,600 cars per day. Located on a 58,632sf/1.35 acres corner lot. Seller has spent over $100,000 and numerous hours renovating the facility. Close to shopping, new development of 80 homes and 2 large office complexes.

Last Agent to Sell the Property

Melody Bramer

Keller Williams Integrity First License #SA526989000 Listed on: 12/01/2018

Keller Williams Integrity First

Co-Listed By

Ronda Secory

Keller Williams Integrity First License #SA675156000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $21,409

Year Built

  • Built in 1986

Lot Details

  • 1.35 Acre Lot
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • 26,070 Sq Ft Home
  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete

Parking

  • 18 Open Parking Spaces
  • 18 Parking Spaces
  • Private Parking
  • Free Parking

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 135-67-300-E

Community Details

Overview

  • 6 Buildings
  • Building Dimensions are Irr
  • Alma School Storage Plaza Subdivision

Building Details

  • Operating Expense $83,485
  • Gross Income $155,420
  • Net Operating Income $101,524

Property Details

Property Type

Other

Est. Annual Taxes

$21,409

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Alma School & N 202
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 6
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2014
  • Directions: South on Alma School from the N 202; At the SE corner of Alma School and Mclellan Rd.
  • Lot Size Acres: 1.35
  • Road Surface Type: Asphalt
  • Professional Management Expense: 12276.0
  • Co List Office Mls Id: kwif01
  • Co List Office Phone: 480-854-2400
  • Subdivision Name: Alma School Storage Plaza
  • Structure Type: Other (See Remarks), Commercial, Office
  • Tax Parcel Letter: E
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Carpet, Concrete
  • Living Area: 26070.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 18.0
  • Total Parking Spaces: 18.0
  • General Property Description:Uncvrd Parking Spcs: 18.0
  • General Property Description:Total Parking Spcs: 18.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Individual Meter, SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size: Irr
  • Lot Size Sq Ft: 58632.0
  • Parcel #: 135-67-300-E
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 7289.0
  • Annual Gross Income: 155420.0
  • Insurance Expense: 2007.0
  • Maintenance Expense: 5000.0
  • Property Net Operating Income: 101524.0
  • Annual Operating Expense: 83485.0
  • Vacancy Allowance Rate: 0.05
  • Leasable Area: 26070.0

Tax Info

  • Tax Annual Amount: 21409.0
  • Tax Book Number: 135.00
  • Tax Lot: N/A
  • Tax Map Number: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2018
Closed on
Apr 24, 2019
Sold by
Wayne K Stufkosky Trust
Bought by
Cynergy Llc
Seller's Agent
Melody Bramer
Keller Williams Integrity First
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,575,000
Sold Price
$1,525,000
Premium/Discount to List
-$50,000
-3.17%
Current Estimated Value
$2,560,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,035,429
Avg. Annual Appreciation
8.41%
Original Mortgage
$1,000,000
Outstanding Balance
$882,755
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$1,677,674

Purchase Details

Closed on
May 3, 2017
Sold by
Stufkosky Wayne D
Bought by
Stufkosky Wayne D

Purchase Details

Closed on
Jul 20, 2015
Sold by
Skelton Betty A
Bought by
Stufkosky Wayne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 28, 2005
Sold by
Borchard Christopher W and Parrott Jerry W
Bought by
Skelton Betty A and Betty A Skelton Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2004
Sold by
Alma School Llc
Bought by
Borchard Christopher W and Parrott Jerry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 1995
Sold by
Alma School Llc
Bought by
Department Of Transportation
Source: Public Records

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
Cynergy Llc $1,525,000 Old Republic Title Agency
Stufkosky Wayne D -- None Available
Stufkosky Wayne D $1,025,000 Lawyers Title Of Arizona Inc
Skelton Betty A $1,350,000 Equity Title Agency Inc
Borchard Christopher W $960,000 Capital Title Agency Inc
Department Of Transportation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cynergy Llc $1,000,000
Previous Owner Stufkosky Wayne D $400,000
Previous Owner Skelton Betty A $330,000
Previous Owner Borchard Christopher W $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $1,525,000 -3.2% $58 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
12/01/2018 12/01/18 For Sale $1,575,000 0.0% $60 / Sq Ft
10/02/2018 10/02/18 Price Changed $1,575,000 0.0% $60 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $1,575,000 +3.3% $60 / Sq Ft
04/11/2018 04/11/18 Off Market $1,525,000 -- --
04/02/2018 04/02/18 For Sale $1,575,000 +3.3% $60 / Sq Ft
04/02/2018 04/02/18 Off Market $1,525,000 -- --
12/04/2017 12/04/17 For Sale $1,575,000 +3.3% $60 / Sq Ft
12/01/2017 12/01/17 Off Market $1,525,000 -- --
08/04/2017 08/04/17 For Sale $1,575,000 -6.7% $60 / Sq Ft
09/28/2016 09/28/16 For Sale $1,688,800 -- $65 / 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 $24,745 $244,455 -- --
2024 $25,703 $240,090 -- --
2023 $25,703 $470,730 $53,533 $417,197
2022 $25,912 $395,833 $65,853 $329,980
2021 $26,978 $397,080 $67,734 $329,346
2020 $26,626 $343,962 $48,708 $295,254
2019 $24,877 $314,370 $42,948 $271,422
2018 $23,876 $279,324 $50,688 $228,636
2017 $23,164 $275,310 $46,926 $228,384
2016 $22,734 $225,252 $41,904 $183,348
2015 $21,961 $218,633 $38,998 $179,635
Source: Public Records

Agents Affiliated with this Home

  • Melody Bramer

    Seller's Agent in 2019

    Melody Bramer

    Keller Williams Integrity First

    (602) 290-3643

    1 in this area

    20 Total Sales

    Melody Bramer
    Section Image

  • R

    Seller Co-Listing Agent in 2019

    Ronda Secory

    Keller Williams Integrity First

    (480) 889-1460

    Ronda Secory
    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5503273

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-67-300E

Arizona Maricopa County Mesa 85201 Riverview

1533 N Alma School Rd Unit 15, Mesa, AZ

This home is located at 1533 N Alma School Rd Unit 15, Mesa, AZ 85201 since 01 December 2018 and is currently estimated at $2,560,429, approximately $98 per square foot. This property was built in 1986. 1533 N Alma School Rd Unit 15 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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