NOT LISTED FOR SALE
-- Bed
-- Bath
1,484 Sq Ft
0.32 Acres

Last Sold March 19, 2018

Last sale price $200,000 $135 Per Sq Ft

1,092 Days on Market

Highlights

  • 0.32 Acre Lot
  • 2-minute walk to Sycamore/Main Street
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Central Air

About This Home

As of March 2018

FOR SALE OR LEASE: Former restaurant on Main Street 500 ft from large Dobson & Sycamore light rail station; great location; future development at Station; 2 lots, plenty of parking; 2 ingress/egress points; Property sold/leased 'AS IS'; owner operated it as an Italian restaurant; restaurant equipment is included 'As Is'; buyer to verify all equipment, measurements, etc.

Last Listed By

Bryan Watkins

LRA Real Estate Group, LLC License #BR545459000 Listed on: 02/05/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,978

Year Built

  • Built in 1968

Lot Details

  • 0.32 Acre Lot
  • Additional Parcels
  • Property is zoned C-3

Home Design

  • 1,484 Sq Ft Home
  • Brick Exterior Construction
  • Built-Up Roof

Parking

  • 40 Open Parking Spaces
  • 40 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Casa Mesa 2 Subdivision
  • Operating Expense $2,978

Listing and Financial Details

  • Assessor Parcel Number 135-65-153-F

Property Details

Property Type

Other

Est. Annual Taxes

$2,978

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: DOBSON & MAIN STREET
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Current Use: Restaurant
  • Number Of Buildings: 1
  • Year Built: 1968
  • Tax Year: 2014
  • Directions: N Longmore & Main ST: West to property on North side of street
  • Lot Size Acres: 0.32
  • Road Surface Type: Asphalt
  • Subdivision Name: Casa Mesa 2
  • Structure Type: Commercial
  • Tax Parcel Letter: F
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Brick
  • Roof: Built-Up

Garage/Parking

  • Open Parking Spaces: 40.0
  • Total Parking Spaces: 40.0
  • General Property Description:Uncvrd Parking Spcs: 40.0
  • General Property Description:Total Parking Spcs: 40.0
  • 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: 13828.0
  • Additional Parcels: Yes
  • Parcel #: 135-65-153-F
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2978.0

Tax Info

  • Tax Annual Amount: 2978.0
  • Tax Book Number: 135.00
  • Tax Lot: 0
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2023
Sold by
Maggie C Revocable Trust
Bought by
Hernandez Enterprises Llc
Total Days on Market
1092

Purchase Details

Closed on
Jun 12, 2018
Sold by
Choy Margaret
Bought by
Choy Margaret and Maggie C Revocable Trust

Purchase Details

Listed on
Feb 5, 2015
Closed on
Mar 5, 2018
Sold by
Cafe Madrid Corp
Bought by
Choy Margaret
Seller's Agent
Bryan Watkins
LRA Real Estate Group, LLC
Buyer's Agent
Davina Oud
West USA Realty
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%

Purchase Details

Closed on
Jul 5, 2006
Sold by
Rubio Jose O and Rubio Maria D
Bought by
City Of Mesa

Purchase Details

Closed on
Apr 21, 2003
Sold by
Cafe Madrid Corp
Bought by
Rubio Jose O and Rubio Maria D

Purchase Details

Closed on
Aug 4, 2000
Sold by
Cafe Madrid Corp
Bought by
Ramos Jesus E and Ramos Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
8.16%
Mortgage Type
Seller Take Back

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hernandez Enterprises Llc $390,000 Wfg National Title Insurance C
Choy Margaret -- None Available
Choy Margaret $200,000 Lawyers Title Of Arizona Inc
City Of Mesa $12,000 Security Title Agency Inc
Ramos Jesus E $390,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramos Jesus E $345,000
Closed Rubio Jose O $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2018 03/19/18 Sold $200,000 -16.7% $135 / Sq Ft
02/07/2018 02/07/18 Price Changed $240,000 -12.7% $162 / Sq Ft
02/05/2015 02/05/15 For Sale $275,000 -- $185 / 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 $2,330 $23,013 -- --
2024 $2,420 $22,602 -- --
2023 $2,420 $41,038 $22,372 $18,666
2022 $2,439 $41,125 $23,940 $17,185
2021 $2,540 $39,528 $22,194 $17,334
2020 $2,507 $34,200 $17,046 $17,154
2019 $2,342 $31,338 $15,156 $16,182
2018 $2,248 $28,782 $13,194 $15,588
2017 $2,181 $26,046 $12,204 $13,842
2016 $2,140 $20,016 $10,620 $9,396
2015 $2,067 $16,336 $9,121 $7,215
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5232678

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-65-153F