NOT LISTED FOR SALE

165 E Southern Ave Unit 101-B Mesa, AZ 85210

Woodbridge Crossing Neighborhood

Estimated Value: $2,235,852

Studio
-- Bath
6,705 Sq Ft
$333/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $425 $0 Per Sq Ft

Est. 525,983% increase in value since last sale

Current estimated payment $12,443/month

101 Days on Market

Highlights

  • 0.51 Acre Lot
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Vinyl Flooring

About This Home

As of December 2023

Office space available in a quality Masonry constructed Two Story Multi-tenant Office Building. Unique design with floor to ceiling window line and natural lighting. New paint and flooring. Ample parking. Great convenient location. Close to US 60 Freeway. High visibility and traffic count. Best value in Mesa.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 08/31/2023

Co-Listed By

Susan Earles

LRA Real Estate Group, LLC License #BR563069000

Last Buyer's Agent

Susan Earles

LRA Real Estate Group, LLC License #BR563069000

Property Details

Property Type

  • Other

Year Built

  • Built in 1982

Lot Details

  • 0.51 Acre Lot
  • Block Wall Fence
  • Property is zoned I1

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 6,705 Sq Ft Home
  • Vinyl Flooring

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Private Parking
  • Free Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Ikeda Commercial Park Subdivision

Listing and Financial Details

  • Property Available on 8/31/23
  • Tenant pays for electricity, contents insurance, liability insurance, janitorial service
  • The owner pays for management fees, property taxes, common area maintenance, fire insurance-bldg, trash, sewer, water
  • Assessor Parcel Number 139-48-239-A

Property Details

Property Type

Other

Year Built

Built in 1982

Lot Details

0.51 Acres

Listing Details

  • Cross Street: Mesa Drive and Southern
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: I1
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 5580.0
  • Lease Info Annual Lse Prc P S F: 18.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-5
  • Lease Info Space Divisible: No
  • Year Built: 1982
  • Tax Year: 2022
  • Lot Size Acres: 0.51
  • Co List Office Mls Id: lreg001
  • Co List Office Phone: 480-526-5644
  • Subdivision Name: IKEDA COMMERCIAL PARK
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl
  • Living Area: 6705.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 22297.0
  • Additional Parcels: No
  • Parcel #: 139-48-239-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2023-08-31

Multi Family

  • Owner Pays: Management Fees, Property Taxes, Common Area Maint, Fire Insurance-Bldg, Trash, Sewer, Water
  • Tenant Pays: Electricity, Contents Insurance, Liability Insurance, Janitorial Service
  • Existing Lease Type: Gross
  • Leasable Area: 310.0

Tax Info

  • Tax Annual Amount: 10426.0
  • Tax Book Number: 139.00
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2002
Sold by
White Raymond R and White Jeorgine
Bought by
A & S Mini Storage Llc
Current Estimated Value
$2,235,852

Purchase Details

Closed on
Jul 28, 1999
Sold by
Ameriwest Mtg Corp
Bought by
White Raymond R and White Jeorgine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.64%

Purchase Details

Closed on
Oct 14, 1994
Sold by
Kerby Marvin Joseph and Kerby Julie
Bought by
Ameriwest Mtg Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
9.29%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
A & S Mini Storage Llc $740,000 Capital Title Agency Inc
White Raymond R -- Capital Title Agency Inc
White Raymond R -- Chicago Title Insurance Co
Ameriwest Mtg Corp $225,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Raymond R $290,000
Previous Owner Ameriwest Mtg Corp $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $425 -8.6% $0 / Sq Ft
08/31/2023 08/31/23 For Sale $465 +17.7% $0 / Sq Ft
08/10/2022 08/10/22 Sold $395 0.0% $0 / Sq Ft View Prior Sale
07/21/2022 07/21/22 For Sale $395 +39.6% $0 / Sq Ft
02/01/2017 02/01/17 Sold $283 0.0% $0 / Sq Ft View Prior Sale
01/31/2017 01/31/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $283 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $9,704 $98,363 -- --
2024 $10,342 $96,607 -- --
2023 $10,342 $137,275 $42,347 $94,928
2022 $10,426 $141,645 $36,050 $105,595
2021 $10,855 $131,058 $37,080 $93,978
2020 $10,714 $113,670 $32,382 $81,288
2019 $10,010 $98,298 $29,250 $69,048
2018 $9,607 $94,698 $27,054 $67,644
2017 $9,321 $74,898 $21,780 $53,118
2016 $9,605 $74,898 $21,780 $53,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6599211

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-48-239A

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