NOT LISTED FOR SALE

1609 W University Dr Mesa, AZ 85201

West Main Neighborhood

Estimated Value: $1,080,554

-- Bed
-- Bath
3,754 Sq Ft
$288/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $980,000 $261 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,483/month

40 Days on Market

Highlights

  • 0.39 Acre Lot
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Central Air

About This Home

As of December 2023

3,672sf Building. 16,911sf or .39 Acres at a HARD Corner with a Stop Light. 2 Miles from the 101 Freeway. Central Mesa or Urban Core...508,000+ Population. Zoned Commercial/Retail. Phase 1 Environmental Available. Report is Clean. No Underground Gas or Oil Tanks. Gasoline Tanks Removed in the Late 70's.

Last Listed By

Jon Beydler

Citypoint Arizona LLC License #BR543141000 Listed on: 12/23/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,137

Year Built

  • Built in 1960

Lot Details

  • 0.39 Acre Lot
  • Property fronts an alley
  • Property is zoned Commercial

Home Design

  • 3,754 Sq Ft Home
  • Built-Up Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Public Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available
  • 220 Volts

Community Details

  • Casa Mesa Amended Lot 1 58, 135 191, Tr A Subdivision
  • Showroom
  • Operating Expense $6,137

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 135-64-116

Property Details

Property Type

Other

Est. Annual Taxes

$6,137

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: University & Longmore
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2023
  • Directions: 101 Freeway to University Drive East to Longmore Street (Stop Light). Property on SWC of the Intersection.
  • Lot Size Acres: 0.39
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: vlly01
  • Co List Office Phone: 480-600-6001
  • Subdivision Name: CASA MESA AMENDED LOT 1-58, 135-191, TR A
  • Structure Type: Commercial, Office, Distribution/Warehse
  • Railroad Available: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Living Area: 3754.0

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: 220 Volts, SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Showroom
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Showroom: Yes

Lot Info

  • Lot Size Sq Ft: 16911.0
  • Parcel #: 135-64-116
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6137.0

Tax Info

  • Tax Annual Amount: 6137.0
  • Tax Book Number: 135.00
  • Tax Lot: A
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Sep 30, 2020
Sold by
A & P Carpet Center Inc
Bought by
A & P Flooring Llc
Seller's Agent
Jon Beydler
Citypoint Arizona LLC
Buyer's Agent
Jon Beydler
Citypoint Arizona LLC
List Price
$990,000
Sold Price
$1,000,000
Premium/Discount to List
$10,000
1.01%
Total Days on Market
40
Current Estimated Value
$1,080,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,554
Avg. Annual Appreciation
1.70%
Original Mortgage
$339,200
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 24, 2020
Sold by
Heyman Leslie P and The Heyman Family Trust
Bought by
A & P Carpet Center Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 27, 1995
Sold by
Heyman Alvin and Heyman Cynthia
Bought by
Heyman Alvin and Heyman Cynthia

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
A & P Flooring Llc $1,000,000 Driggs Title Agency Inc
A & P Carpet Center Inc $400,000 Driggs Title Agency Inc
Heyman Alvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & P Flooring Llc $464,000
Closed A & P Florring Llc $339,200
Closed A & P Flooring Llc $500,000
Previous Owner A & P Carpet Center Inc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $980,000 -19.0% $261 / Sq Ft
12/23/2023 12/23/23 Price Changed $1,210,000 0.0% $322 / Sq Ft
12/16/2023 12/16/23 Price Changed $1,210,000 0.0% $322 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/04/2023 11/04/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $1,210,000 +21.0% $322 / Sq Ft
10/02/2020 10/02/20 Sold $1,000,000 +1.0% $266 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $990,000 -- $264 / 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 $5,909 $58,370 -- --
2024 $6,137 $57,328 -- --
2023 $6,137 $71,162 $36,788 $34,374
2022 $6,187 $74,270 $42,665 $31,605
2021 $6,442 $71,226 $39,528 $31,698
2020 $6,358 $69,750 $38,358 $31,392
2019 $5,940 $64,026 $34,290 $29,736
2018 $5,701 $58,770 $30,186 $28,584
2017 $5,531 $56,700 $27,954 $28,746
2016 $5,428 $50,202 $24,300 $25,902
2015 $5,244 $42,883 $22,496 $20,387
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6619219

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-64-116