NOT LISTED FOR SALE

1818 E Southern Ave Unit A4 Mesa, AZ 85204

Reed Park Neighborhood
-- Bed
-- Bath
19,221 Sq Ft
1.49 Acres

Last Sold September 22, 2018

Last sale price $1,600 $0 Per Sq Ft

138 Days on Market

Highlights

  • 1.49 Acre Lot
  • Meeting Room
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Central Air

About This Home

As of September 2018

SAVE ON OFFICE LEASING EXPENSE with this newly finished space that is ready for the first business to occupy. It is a well-planned 1,520 SF OFFICE space with four HUGE offices, large windows and ample parking. This office campus is well located and 100% occupied. Starting at $1800 per month (Plus tax). In-suite rest room, amazing reception/lobby, conference room, private offices & work station area; close in covered and surface parking, monument signage available. A beautiful courtyard entry will showcase your business to your clients.

Last Agent to Sell the Property

Audra Travis

My Home Group Real Estate License #SA540696000 Listed on: 05/08/2018

My Home Group Real Estate

Last Buyer's Agent

Audra Travis

My Home Group Real Estate License #SA540696000 Listed on: 05/08/2018

My Home Group Real Estate

Property Details

Property Type

  • Other

Year Built

  • Built in 1986

Lot Details

  • 1.49 Acre Lot
  • Block Wall Fence
  • Property is zoned C-O

Home Design

  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Parking

  • 5 Open Parking Spaces
  • 6 Parking Spaces
  • 1 Covered Space

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Property Available on 5/16/18
  • Tax Lot 2
  • Assessor Parcel Number 139-06-287

Community Details

Overview

  • 2 Buildings
  • Southern & Oracle Office Complex Amd Lt 2 & 3 Subdivision

Amenities

  • Meeting Room
  • Reception Area

Property Details

Property Type

Other

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Gilbert & Southern
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: C-O
  • Current Use: Office
  • Number Of Buildings: 2
  • Lease Info Annual Exp Stop Sq Ft: 12.12
  • Lease Info Annual Lease Price: 19200.0
  • Lease Info Annual Lse Prc P S F: 12.12
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-5
  • Lease Info Space Divisible: No
  • Lease Info Suite Floor Location: First Floor
  • Lease Info Suite Size Avail Max: 1574
  • Year Built: 1986
  • Tax Year: 2017
  • Directions: Only minutes from US60; go north on S Gilbert Rd to E Southern Rd.; turn west to 1818 E Southern Rd. Turn north into parking lot and proceed to Building 2 . Suite 4-A is in the NE Corner.
  • Lot Size Acres: 1.49
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: SOUTHERN & ORACLE OFFICE COMPLEX AMD LT 2 & 3
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Built-Up, Foam
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Heat Pump, Electric
  • Green Building Features: Conference Room, Reception Room
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 64855.0
  • Additional Parcels: No
  • Parcel #: 139-06-287
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2018-05-16

Multi Family

  • Leasable Area: 1574.0

Tax Info

  • Tax Annual Amount: 21768.0
  • Tax Book Number: 139.00
  • Tax Lot: 2
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2016
Sold by
Zb Na
Bought by
Goyer Douglas Dean and Goyer Diana Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Outstanding Balance
$359,994
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2015
Sold by
Tropic Investments Llc
Bought by
Zions First National Bank Na

Purchase Details

Closed on
Sep 15, 2005
Sold by
1818 Southern Investment Llc
Bought by
Tropic Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,280,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 1997
Sold by
1818 East Southern Ltd Partnership
Bought by
Trymar Center Ltd Partnership
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
Goyer Douglas Dean $1,250,000 None Available
Zions First National Bank Na $1,389,469 None Available
Tropic Investments Llc $3,100,000 --
1818 Southen Investment Llc $5,100,000 --
Trymar Center Ltd Partnership -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goyer Douglas Dean $445,000
Previous Owner Mesa Gsa Ii Llc $50,000
Previous Owner 1818 Southern Investment Llc $1,900,000
Previous Owner 1818 Southern Investment Llc $2,296,000
Previous Owner 1818 Southen Investment Llc $2,280,000
Previous Owner Tropic Investments Llc $1,800,000
Previous Owner Trymar Center Lp $2,600,000
Previous Owner Trymar Center Lp $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2018 09/22/18 Sold $1,600 -11.1% $0 / Sq Ft
06/29/2018 06/29/18 Price Changed $1,800 +12.5% $0 / Sq Ft
05/07/2018 05/07/18 For Sale $1,600 -- $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 $23,254 $229,721 -- --
2024 $24,154 $225,619 -- --
2023 $24,154 $420,223 $57,324 $362,899
2022 $24,350 $437,745 $60,340 $377,405
2021 $25,352 $407,106 $62,064 $345,042
2020 $25,021 $315,882 $67,986 $247,896
2019 $23,378 $275,058 $54,918 $220,140
2018 $22,437 $257,490 $58,158 $199,332
2017 $21,768 $242,784 $53,856 $188,928
2016 $21,364 $166,590 $28,512 $138,078
2015 $21,669 $171,218 $29,304 $141,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5762826

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-06-287