NOT LISTED FOR SALE

Estimated Value: $985,000 - $1,760,000

3.85 Acres
$356,494 Price per Acre
167,706 Sq Ft Lot

Sale Details

Date Sold: August 8, 2019

Last sale price $400,000

Est. 243% increase in value since last sale

Current estimated payment $7,530 / mo

146 Days on Market

About This Lot

As of August 2019

Great 3.85-acre development opportunity at SEC of Power Rd & Hobart St in City of Mesa. Site contains two (2) contiguous parcels (APNs 218-04-003A and 218-04-003C) with an overall approximate dimension of 550 Ft x 305 Ft. Zoning (RS-35) allows for up to 4 residential large-estate lots. All area utilities are to the site or are in proximity to property boundary. Area is well served by access to freeways, employment, shopping, dining, entertainment, and support services. ***Buyer to independently verify all facts and figures.

Last Agent to Sell the Property

Ted Knoell

Realty Economic Advisors, LLC License #BR577091000 Listed on: 02/14/2019

Last Buyer's Agent

Deedra Gardner

Call Realty, Inc. License #SA530278000

Call Realty, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 3.85 Acre Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned RS-35

Eco-Friendly Details

  • North or South Exposure

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 218-04-003-A

Property Details

Property Type

Land

Lot Details

3.85 Acres

Listing Details

  • Cross Street: Power & Hobart
  • Legal Info Range: 7E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: RS-35
  • Tax Year: 2018
  • Lot Size Acres: 3.85
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: SRP

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 550' x 305'
  • Lot Size Sq Ft: 138913.0
  • Number Of Lots: 2
  • Additional Parcels: Yes
  • Parcel #: 218-04-003-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 218.00
  • Tax Lot: -
  • Tax Map Number: 4.00

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
Apr 28, 2026
Sold by
Bought by
Current Estimated Value
$1,372,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,400,000
Interest Rate
0.0622%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 2021
Sold by
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
$750,000
Interest Rate
0.029%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 14, 2019
Closed on
Aug 6, 2019
Sold by
Bought by
Seller's Agent
Ted Knoell
Realty Economic Advisors, LLC
Buyer's Agent
Deedra Gardner
Call Realty, Inc.
List Price
$500,000
Sold Price
$400,000
Premium/Discount to List
-$100,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.41%
Original Mortgage
$400,000
Interest Rate
0.0373%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Premier Title Agency
$900,000 Security Title Agency
$400,000 Clear Title Agency Of Az
$165,000 Security Title Agency
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 $12,400,000
Closed $750,000
Previous Owner $400,000
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
08/08/2019 08/08/19 Sold $400,000 -20.0% --
02/14/2019 02/14/19 For Sale $500,000 -- --
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 $2,965 $30,055 $30,055
2024 $2,974 $28,624 $28,624
2023 $2,974 $91,110 $91,110 $0
2022 $2,913 $53,415 $53,415 $0
2021 $2,948 $49,875 $49,875 $0
2020 $0 $55,485 $55,485 $0
2019 $0 $53,625 $53,625 $0
2018 $0 $48,735 $48,735 $0
2017 $0 $40,995 $40,995 $0
2016 $0 $41,280 $41,280 $0
2015 -- $36,944 $36,944 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5883131

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-04-003A

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