NOT LISTED FOR SALE

Estimated Value: $1,151,221

-- Bed
-- Bath
3,418 Sq Ft
$337/Sq Ft Est. Value

Last Sold March 18, 2017

Last sale price $550,000 $161 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,903/month

106 Days on Market

Highlights

  • 0.46 Acre Lot
  • 1-minute walk to Sycamore/Main Street
  • Chilled Water System
  • Franklin at Brimhall Elementary School Rated A
  • Display Windows
  • Concrete Flooring

About This Home

As of March 2017

Hard corner directly in front of very active Light Rail Station; largest Park & Ride on system; TOD (Transit Oriented Development; Redevelopment area. New streets, sidewalks,lighting, utilities, landscaping; former bank building;new Walkable Urban zoning allows 5+ stories, no setbacks, less parking required due to station proximity; only 1 block from EVIT (East Valley Institute of Technology), 1 block from Safeway, 2 blocks from Mekong Shopping Center. Assemblage possible with neighbors. Be creative with business around light rail stations!

Last Agent to Sell the Property

Bryan Watkins

LRA Real Estate Group, LLC License #BR545459000 Listed on: 08/17/2016

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,593

Year Built

  • Built in 1968

Lot Details

  • 0.46 Acre Lot
  • Property is zoned C-3

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 3,418 Sq Ft Home
  • Display Windows
  • Concrete Flooring
  • Chilled Water System

Parking

  • 40 Open Parking Spaces
  • 40 Parking Spaces

Utilities

  • Heating Available

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 135-65-150-C

Community Details

Overview

  • Building Dimensions are 0.52 Acre
  • Casa Mesa 2 Subdivision

Building Details

  • Gross Income $10,000

Property Details

Property Type

Other

Est. Annual Taxes

$6,593

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: Main Street & Dobson Road
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Bay Info Bay Size: 0
  • Current Use: Retail
  • Number Of Buildings: 1
  • Year Built: 1968
  • Tax Year: 2014
  • Directions: NE Corner of Sycamore & Main St
  • Lot Size Acres: 0.46
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: CASA MESA 2
  • Structure Type: Commercial, Office, Distribution/Warehse
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

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:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Chiller System
  • Heating: Electric
  • Green Building Features: Display Window(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Display Window(s): Yes

Fee Information

  • Trash Expense: 800.0
  • Annual Water Sewer Expense: 3600.0

Lot Info

  • Lot Size: 0.52 Acre
  • Lot Size Sq Ft: 19874.0
  • Additional Parcels: No
  • Parcel #: 135-65-150-C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 12000.0
  • Annual Gross Income: 10000.0
  • Insurance Expense: 3000.0
  • Maintenance Expense: 2500.0
  • Leasable Area: 3417.0

Tax Info

  • Tax Annual Amount: 6593.0
  • Tax Book Number: 135.00
  • Tax Lot: A
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2017
Sold by
Mulqueen Patrick Joseph and Mulqueen Bridget
Bought by
Every Smile Holdings Llc
Current Estimated Value
$1,151,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$333,714
Interest Rate
4.13%
Mortgage Type
Commercial
Estimated Equity
$808,902

Purchase Details

Closed on
Dec 28, 2006
Sold by
Mulqueen Patrick Joseph and Mulqueen Bridget
Bought by
City Of Mesa

Purchase Details

Closed on
Jun 8, 2001
Sold by
Wells Fargo Bank National Assn
Bought by
Mulqueen Patrick Joseh and Mulqueen Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,900
Interest Rate
7.14%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Every Smile Holdings Llc $550,000 Commonwealth Land Title Ins
City Of Mesa -- Security Title Agency
Mulqueen Patrick Joseh $337,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Every Smile Holdings Llc $400,000
Closed Every Smile Holdings Llc $100,000
Previous Owner Mulqueen Patrick Joseh $249,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2017 03/18/17 Sold $550,000 -8.2% $161 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $599,000 -- $175 / 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 $9,877 $97,574 -- --
2024 $10,259 $95,832 -- --
2023 $10,259 $136,663 $42,092 $94,571
2022 $10,343 $144,778 $55,265 $89,513
2021 $10,768 $143,028 $51,210 $91,818
2020 $10,628 $121,662 $39,564 $82,098
2019 $9,930 $106,380 $34,596 $71,784
2018 $6,448 $90,612 $32,598 $58,014
2017 $6,256 $86,310 $30,186 $56,124
2016 $6,140 $65,268 $26,244 $39,024
2015 $5,931 $46,861 $16,225 $30,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5485079

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-65-150C