NOT LISTED FOR SALE

165 E Southern Ave Unit 203 Mesa, AZ 85210

Woodbridge Crossing Neighborhood

Estimated Value: $2,208,912

Studio
-- Bath
6,705 Sq Ft
$329/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2022

Last sale price $1,049 $0 Per Sq Ft

Est. 210,473% increase in value since last sale

Current estimated payment $12,717 / mo

39 Days on Market

Highlights

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

About This Home

As of November 2022

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. 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: 09/19/2022

Co-Listed By

Susan Earles

LRA Real Estate Group, LLC License #BR563069000

Last Buyer's Agent

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 09/19/2022

Property Details

Property Type

  • Other

Year Built

  • Built in 1982

Lot Details

  • 22,297 Sq Ft Lot
  • Property is zoned C1

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Ikeda Commercial Park Subdivision

Listing and Financial Details

  • Property Available on 9/19/22
  • 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: C1
  • Current Use: Office
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 11400.0
  • Lease Info Annual Lse Prc P S F: 9.74
  • 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

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • 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: 2022-09-19

Multi Family

  • Leasable Area: 1171.0

Tax Info

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

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 12, 2002
Sold by
Bought by
Current Estimated Value
$2,208,912

Purchase Details

Closed on
Jul 28, 1999
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
$290,000
Interest Rate
7.64%

Purchase Details

Closed on
Oct 14, 1994
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
$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

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
$740,000 Capital Title Agency Inc
-- Capital Title Agency Inc
-- Chicago Title Insurance Co
$225,000 Chicago Title Insurance Co
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
Previous Owner $290,000
Previous Owner $205,000
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 Prior Sale
11/01/2022 11/01/22 Sold $1,049 +10.4% $0 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $950 +5.6% $0 / Sq Ft
12/01/2021 12/01/21 Sold $900 -15.8% $0 / Sq Ft View Prior Sale
09/10/2021 09/10/21 For Sale $1,069 -- $0 / 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 $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
2015 $9,571 $78,033 $15,577 $62,456
Source: Public Records

Agents Affiliated with this Home

  • Don Mortensen

    Seller's Agent in 2022

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    5 in this area

    115 Total Sales

    Don Mortensen
    Section Image
  • Susan Earles

    Seller Co-Listing Agent in 2022

    Susan Earles

    LRA Real Estate Group, LLC

    (602) 509-4835

    4 in this area

    25 Total Sales

    Susan Earles
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6465913

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-48-239A

Arizona Maricopa County Mesa 85210 Woodbridge Crossing

165 E Southern Ave Unit 203, 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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