NOT LISTED FOR SALE
-- Bed
-- Bath
7,320 Sq Ft
0.61 Acres

Last Sold January 29, 2016

Last sale price $400,000 $55 Per Sq Ft

75 Days on Market

Highlights

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

About This Home

As of January 2016

Former Restaurant in front of light rail stop, Bus Depot, and 1/2 a block from EVIT (East Valley Institute of Technology) lends to a perfect location! This Building sits on 2 parcels totally approx. .82 Acres with Plenty of Parking. Inside has Private Banquet Room with stage and sound system, 2 Main dining rooms, 6 buffet stations, Soda/Server Station, Kitchen with Hood, Prep and dish sinks, 3 walk in cooler/freezers, Hood, and Storage room. Tremendous opportunity Here!
Cox is nearby and could bring services to location. For more information contact broker.

Last Listed By

Susan McCall

Commercial Property Connect License #BR552939000 Listed on: 08/13/2015

Property Details

Property Type

  • Other

Year Built

  • Built in 1980

Lot Details

  • 0.61 Acre Lot
  • Additional Parcels
  • Property is zoned C-G

Home Design

  • 7,320 Sq Ft Home
  • Block Exterior

Parking

  • 60 Open Parking Spaces
  • 63 Parking Spaces
  • 3 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Casa Mesa 2 Subdivision
  • Community Kitchen
  • Operating Expense $10,703

Listing and Financial Details

  • Assessor Parcel Number 135-65-151-A

Property Details

Property Type

Other

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Main St and Dobson
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-G
  • Current Use: Restaurant
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2014
  • Directions: North side of Main St and East of Dobson 1/4 mile. Take 101 to Apache/University Exit. Turn east on Apache (Main st)1 1/2 miles make a U-turn across the Lightrail tracks building on the right.
  • Lot Size Acres: 0.61
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Subdivision Name: CASA MESA 2
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Open Parking Spaces: 60.0
  • Total Parking Spaces: 63.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 60.0
  • General Property Description:Total Parking Spcs: 63.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C, Other, See Remarks
  • Heating: Electric
  • Green Building Features: Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 26481.0
  • Additional Parcels: Yes
  • Parcel #: 135-65-151-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 10703.0

Tax Info

  • Tax Annual Amount: 10703.0
  • Tax Book Number: 135.00
  • Tax Lot: -
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
Jan 21, 2016
Sold by
Shalimar Lp
Bought by
Jtcc Holdings Llc
Seller's Agent
Susan McCall
Commercial Property Connect
Buyer's Agent
Susan McCall
Commercial Property Connect
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Total Days on Market
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,400
Interest Rate
3.98%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 5, 2006
Sold by
Fisher Marcia K and Fisher Robert A
Bought by
City Of Mesa

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
Jtcc Holdings Llc $400,000 Chicago Title Agency Inc
City Of Mesa $30,028 Security Title Agency
City Of Mesa $30,028 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jtcc Holdings Llc $194,000
Closed Jtcc Holdings Llc $224,400
Closed Jtcc Holdings Llc $280,600
Previous Owner Shalimar Lp $190,500
Previous Owner Moore Stanley L $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $400,000 -5.9% $55 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $425,000 -- $58 / 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 $9,516 $94,007 -- --
2024 $9,884 $92,328 -- --
2023 $9,884 $132,379 $60,078 $72,301
2022 $9,965 $120,733 $55,125 $65,608
2021 $10,374 $118,584 $51,084 $67,500
2020 $10,239 $106,740 $39,834 $66,906
2019 $9,567 $101,304 $35,082 $66,222
2018 $9,182 $99,684 $33,840 $65,844
2017 $8,908 $106,200 $31,338 $74,862
2016 $8,743 $79,452 $27,252 $52,200
2015 $8,445 $66,730 $24,217 $42,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5320255

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-65-151A