NOT LISTED FOR SALE

1734 E Main St Unit 12 Mesa, AZ 85203

Reed Park Neighborhood

Estimated Value: $3,165,246

Studio
-- Bath
20,178 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $900 $0 Per Sq Ft

Est. 351,594% increase in value since last sale

Current estimated payment $17,986/month

358 Days on Market

About This Home

As of October 2015

This home is located at 1734 E Main St Unit 12, Mesa, AZ 85203 since 08 October 2014 and is currently estimated at $3,165,246, approximately $156 per square foot. This property was built in 1986. 1734 E Main St Unit 12 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.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 10/08/2014

Last Buyer's Agent

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 10/08/2014

Property Details

Property Type

  • Other

Year Built

  • Built in 1986

Lot Details

  • 1.47

Home Design

  • Block Exterior

Parking

  • 54 Open Parking Spaces
  • 54 Parking Spaces

Additional Features

  • Concrete Flooring
  • Property is zoned C-G

Listing and Financial Details

  • Property Available on 10/8/14
  • Assessor Parcel Number 138-69-126

Property Details

Property Type

Other

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Gilbert Rd & Main St
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: C-G
  • Current Use: Mixed Use
  • Lease Info Annual C A M Sq Ft: 0.72
  • Lease Info Annual Exp Stop Sq Ft: 1600.0
  • Lease Info Annual Lease Price: 12700.0
  • Lease Info Annual Lse Prc P S F: 7.95
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 3-5
  • Lease Info Space Divisible: No
  • Year Built: 1986
  • Tax Year: 2013
  • Structure Type: Commercial, Industrial, Office, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: Block
  • Roof: Other, See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 54.0
  • Total Parking Spaces: 54.0
  • General Property Description:Uncvrd Parking Spcs: 54.0
  • General Property Description:Total Parking Spcs: 54.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: None
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 138-69-126

Rental Info

  • Available Date: 2014-10-08

Multi Family

  • Leasable Area: 1600.0

Tax Info

  • Tax Annual Amount: 15852.0
  • Tax Book Number: 138.00
  • Tax Map Number: 69.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2013
Sold by
1734 Building Inc
Bought by
Atriumz Llc
Current Estimated Value
$3,165,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,690
Outstanding Balance
$515,843
Interest Rate
4.53%
Mortgage Type
Seller Take Back
Estimated Equity
$2,656,715

Purchase Details

Closed on
Jun 14, 2013
Sold by
V S & W Investments
Bought by
1734 Building Inc

Purchase Details

Closed on
Apr 8, 2009
Sold by
1734 Building Inc
Bought by
V S & W Investments Inc

Purchase Details

Closed on
Sep 9, 1997
Sold by
Smith Lorne M
Bought by
1734 Building Inc
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
Atriumz Llc $1,400,000 First American Title Ins Co
1734 Building Inc -- None Available
V S & W Investments Inc $500,000 None Available
1734 Building Inc $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atriumz Llc $685,690
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2015 10/01/15 Sold $900 -18.2% $0 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
10/08/2014 10/08/14 For Sale $1,100 -- $0 / 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 $17,220 $174,537 -- --
2024 $18,352 $171,420 -- --
2023 $18,352 $303,739 $102,136 $201,603
2022 $18,501 $267,908 $73,238 $194,670
2021 $19,262 $257,472 $75,330 $182,142
2020 $19,011 $238,284 $77,724 $160,560
2019 $17,762 $232,740 $69,408 $163,332
2018 $17,047 $224,010 $62,046 $161,964
2017 $16,539 $187,758 $57,456 $130,302
2016 $16,232 $163,980 $49,950 $114,030
2015 $15,680 $142,561 $47,434 $95,127
Source: Public Records

Agents Affiliated with this Home

  • Don Mortensen

    Seller's Agent in 2015

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    119 Total Sales

    Don Mortensen
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5182657

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-69-126

Arizona Maricopa County Mesa 85203 Reed Park

1734 E Main St Unit 12, Mesa, AZ

Not Listed for Sale

Other

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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