NOT LISTED FOR SALE

Estimated Value: $1,193,339

-- Bed
-- Bath
6,321 Sq Ft
$189/Sq Ft Est. Value

Last Sold March 01, 2020

Last sale price $2,089 $0 Per Sq Ft

Est. 57,025% increase in value since last sale

Current estimated payment $7,523/month

122 Days on Market

Highlights

  • 0.77 Acre Lot
  • Macarthur Elementary School Rated A-
  • Community Kitchen

About This Home

As of March 2020

Impress your clients in this bright, airy, newly remodeled space with great curb appeal. 6 offices (most with exterior windows), conference room, enclosed bull pen (or very large office), break room and 2 ADA restrooms. 154 feet of frontage along Brown Road, high traffic volume and population density with good household income. Striking building is meticulously landscaped and located across from a busy Sprouts
anchored shopping center just a few miles from Loop 202 and US 60. Plenty of covered parking and ease of access make this an ideal location to grow your business. Building is shared with three small law firms. 1985 - 2413 SF available.

Last Agent to Sell the Property

Hani Aldulaimi

Keller Williams Realty East Valley License #BR533683000 Listed on: 11/12/2019

Keller Williams Realty East Valley

Last Buyer's Agent

Troy Glover

Ready Group License #BR104947000

Property Details

Property Type

  • Other

Year Built

  • Built in 1998

Lot Details

  • 0.77 Acre Lot
  • Block Wall Fence
  • Property is zoned OC

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Foam Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 10 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Heat Pump System
  • Master Water Meter

Community Details

  • Community Kitchen
  • Meeting Room
  • Reception Area

Listing and Financial Details

  • Property Available on 2/1/20
  • Assessor Parcel Number 136-27-010-D

Property Details

Property Type

Other

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Cross Street: Brown Road & Gilbert Road
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: OC
  • Current Use: Office
  • Lease Info Annual C A M Sq Ft: 6.58
  • Lease Info Annual Lease Price: 33782.0
  • Lease Info Annual Lse Prc P S F: 14.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-3
  • Lease Info Space Divisible: No
  • Lease Info Suite Floor Location: 1
  • Lease Info Suite Size Avail Max: 2413
  • Year Built: 1998
  • Tax Year: 2019
  • Directions: Located on the north side of Brown Road, just west of Gilbert Road in Mesa.
  • Lot Size Acres: 0.77
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Foam, Metal
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

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

Association/Amenities

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

Lot Info

  • Lot Size Sq Ft: 33572.0
  • Additional Parcels: No
  • Parcel #: 136-27-010-D
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2020-02-01

Multi Family

  • Leasable Area: 2413.0

Tax Info

  • Tax Annual Amount: 11244.0
  • Tax Book Number: 136.00
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Furner Alicia Hildalgo and Bailly Ronald A
Bought by
Bailly Ron
Current Estimated Value
$1,193,339

Purchase Details

Closed on
Feb 19, 2019
Sold by
Ford David
Bought by
1930 E Brown Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,400
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2017
Sold by
Ford David A and Ford Allison F
Bought by
Ford David

Purchase Details

Closed on
Sep 4, 2009
Sold by
Arcus Equity I Llc
Bought by
Ford David A and Ford Allison F

Purchase Details

Closed on
May 26, 2009
Sold by
Orangewood Plaza Llc
Bought by
Arcus Equity I Llc

Purchase Details

Closed on
Jul 21, 1998
Sold by
Orangewood Plaza Llc
Bought by
City Of Mesa

Purchase Details

Closed on
Mar 17, 1998
Sold by
Bold Construction Inc
Bought by
Orangewood Plaza Llc
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
Bailly Ron -- Security Title Agency Inc
Bailly Ron -- Security Title Agency Inc
1930 E Brown Owner Llc $695,000 Commonwealth Land Title Insu
Ford David -- Accommodation
Ford David A $699,000 Security Title Agency
Arcus Equity I Llc -- Security Title Agency
Arcus Equity I Llc -- None Available
City Of Mesa -- --
Orangewood Plaza Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1930 E Brown Owner Llc $306,000
Previous Owner 1930 E Brown Owner Llc $670,400
Previous Owner Orangewood Plaza Llc $500,000
Previous Owner Orangewood Plaza Llc $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2020 03/01/20 Sold $2,089 -25.8% $0 / Sq Ft
01/29/2020 01/29/20 Price Changed $2,815 -7.6% $0 / Sq Ft
10/31/2019 10/31/19 For Sale $3,047 -- $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 $11,184 $110,490 -- --
2024 $11,618 $108,517 -- --
2023 $11,618 $173,349 $39,559 $133,790
2022 $11,712 $164,956 $40,933 $124,023
2021 $12,194 $144,954 $42,102 $102,852
2020 $12,035 $127,962 $30,006 $97,956
2019 $11,244 $98,658 $26,982 $71,676
2018 $10,792 $93,708 $27,360 $66,348
2017 $10,470 $84,132 $25,326 $58,806
2016 $10,937 $85,284 $22,626 $62,658
2015 $12,068 $99,512 $17,612 $81,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6003692

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-27-010D