NOT LISTED FOR SALE

1705 E University Dr Mesa, AZ 85203

Reed Park Neighborhood
-- Bed
-- Bath
1,729 Sq Ft
8,231 Sq Ft Lot

Last Sold April 22, 2019

Last sale price $230,000 $133 Per Sq Ft

323 Days on Market

Highlights

  • Community Kitchen
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Central Air

About This Home

As of April 2019

Great corner lot location in the heart of Mesa! Great demographics! Already zoned for 7 office suites with kitchenette. Fresh exterior paint and landscaping. High traffic count fronting University. Superb signage opportunity. Actual 2017 traffic count is 49,900 per day. Very convenient parking access.

Last Agent to Sell the Property

Mark Gunning

West USA Realty License #SA018139000 Listed on: 05/07/2018

West USA Realty

Last Buyer's Agent

Maurice Gilder

Delex Realty License #SA039196000

Delex Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,274

Year Built

  • Built in 1960

Lot Details

  • 8,231 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned Commercial

Home Design

  • 1,729 Sq Ft Home
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Paradise Parkway 2 Subdivision
  • Community Kitchen
  • Operating Expense $2,274

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 138-67-041-A

Property Details

Property Type

Other

Est. Annual Taxes

$2,274

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Stapley & University
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2017
  • Directions: East on University, Property is on the Right
  • Lot Size Acres: 0.19
  • Subdivision Name: PARADISE PARKWAY 2
  • Structure Type: Office
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1729.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Electric
  • Green Building Features: Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 8231.0
  • Parcel #: 138-67-041-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2274.0

Tax Info

  • Tax Annual Amount: 2274.0
  • Tax Book Number: 138.00
  • Tax Lot: 1
  • Tax Map Number: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2022
Sold by
Andrade Jose J Lopez
Bought by
Lopez Jorge A Alvarez

Purchase Details

Listed on
May 7, 2018
Closed on
Apr 19, 2019
Sold by
Finance Now Llc
Bought by
Andrade Jose Lopez
Seller's Agent
Mark Gunning
West USA Realty
Buyer's Agent
Maurice Gilder
Delex Realty
List Price
$279,900
Sold Price
$230,000
Premium/Discount to List
-$49,900
-17.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2016
Sold by
Livi Allen Jeffry S and Livi Orville W Allen Revocable
Bought by
Finance Now Llc

Purchase Details

Closed on
Apr 14, 2004
Sold by
Allen Orville W
Bought by
Livi Allen Orville W and Livi Orville W Allen Revocable
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
Lopez Jorge A Alvarez -- --
Andrade Jose Lopez $230,000 Security Title Agency Inc
Finance Now Llc -- None Available
Livi Allen Orville W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrade Jose Lopez $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2019 04/22/19 Sold $230,000 -9.8% $133 / Sq Ft
07/12/2018 07/12/18 Price Changed $254,900 -5.6% $147 / Sq Ft
06/13/2018 06/13/18 Price Changed $269,900 -3.6% $156 / Sq Ft
05/07/2018 05/07/18 For Sale $279,900 -- $162 / 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 $2,429 $24,000 -- --
2024 $2,524 $23,572 -- --
2023 $2,524 $38,080 $15,623 $22,457
2022 $2,544 $42,263 $18,620 $23,643
2021 $2,649 $37,332 $19,152 $18,180
2020 $2,614 $37,746 $13,194 $24,552
2019 $2,442 $24,948 $13,140 $11,808
2018 $2,344 $25,920 $11,664 $14,256
2017 $2,274 $25,254 $10,800 $14,454
2016 $2,232 $19,368 $9,630 $9,738
2015 $2,156 $17,279 $7,585 $9,694
Source: Public Records

Agents Affiliated with this Home

  • Mark Gunning

    Seller's Agent in 2019

    Mark Gunning

    West USA Realty

    (626) 590-3177

    82 Total Sales

    Mark Gunning
    Section Image

  • M

    Buyer's Agent in 2019

    Maurice Gilder

    Delex Realty

    (623) 334-3744

    3 Total Sales

    Maurice Gilder
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5762508

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-67-041A

Arizona Maricopa County Mesa 85203 Reed Park

1705 E University Dr, Mesa, AZ

This home is located at 1705 E University Dr, Mesa, AZ 85203 since 07 May 2018. This property was built in 1960. 1705 E University Dr is a home located in Maricopa County with nearby schools including Michael T. Hughes 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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