NOT LISTED FOR SALE
-- Bed
-- Bath
14,754 Sq Ft
1.11 Acres

About This Home

This home is located at 1840 E University Dr, Mesa, AZ 85203. 1840 E University Dr 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2012
Sold by
Classen Asset Management Llc
Bought by
Shirif Holdings University Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2011
Sold by
Value Added Holdings I Llc
Bought by
Classenasset Management Llc

Purchase Details

Closed on
Jul 16, 2007
Sold by
Value Added Holdings I Llc
Bought by
City Of Mesa

Purchase Details

Closed on
Jan 24, 2005
Sold by
Trans World Real Estates & Investments
Bought by
Value Added Holdings I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 1994
Sold by
Great Western Asset Group Inc
Bought by
Trans World Real Estate & Investments

Purchase Details

Closed on
Sep 24, 1993
Sold by
Rtc
Bought by
Harris Wayne P

Purchase Details

Closed on
Sep 9, 1993
Sold by
Ranches Coury Brothers
Bought by
Rtc

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Shirif Holdings University Property Llc $775,000 Chicago Title
Classenasset Management Llc $850,000 None Available
City Of Mesa -- Security Title Agency Inc
Value Added Holdings I Llc -- Title Security Agency Of Az
Value Added Holdings I Llc $900,000 Title Security Agency Of Az
Trans World Real Estate & Investments $650,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shirif Holdings University Property Llc $500,000
Closed Shirif Holdings University Property Llc $493,351
Closed Shirif Holdings University Property Llc $581,250
Previous Owner Value Added Holdings I Llc $81,540
Previous Owner Value Added Holdings I Llc $55,052
Previous Owner Value Added Holdings I Llc $86,763
Previous Owner Value Added Holdings I Llc $81,875
Previous Owner Value Added Holdings I Llc $152,636
Previous Owner Value Added Holdings I Llc $109,057
Previous Owner Value Added Holdings I Llc $73,528
Previous Owner Value Added Holdings I Llc $66,837
Previous Owner Value Added Holdings I Llc $950,000
Source: Public Records

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 $12,443 $122,925 -- --
2024 $12,925 $120,730 -- --
2023 $12,925 $215,730 $66,997 $148,733
2022 $13,030 $224,595 $54,530 $170,065
2021 $13,566 $204,480 $56,088 $148,392
2020 $13,389 $188,424 $49,356 $139,068
2019 $12,510 $136,404 $45,090 $91,314
2018 $12,006 $132,372 $41,670 $90,702
2017 $11,648 $115,236 $38,574 $76,662
2016 $11,432 $108,504 $34,434 $74,070
2015 $11,043 $94,813 $23,569 $71,244
Source: Public Records

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