NOT LISTED FOR SALE

Estimated Value: $531,100

-- Bed
-- Bath
1,879 Sq Ft
$283/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $500,000 $266 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,293/month

3 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of September 2021

Occupied by tenant contact listing agent

Last Listed By

Susan McCall

Commercial Property Connect License #BR552939000 Listed on: 09/17/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,375

Year Built

  • Built in 1973

Lot Details

  • 0.33 Acre Lot
  • Property is zoned cg

Home Design

  • 1,879 Sq Ft Home
  • Tilt Up Walls
  • Wood Frame Construction
  • Block Exterior

Parking

  • 10 Open Parking Spaces
  • 9 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Gross Income $25,200

Listing and Financial Details

  • Assessor Parcel Number 138-02-114-B

Property Details

Property Type

Other

Est. Annual Taxes

$4,375

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: NWW Gilbert Rd and Broadway Rd
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: cg
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2021
  • Directions: 60 to Gilbert Rd North to Broadway Rd the West. NWW corner of Broadway Rd and Gilbert Rd.
  • Lot Size Acres: 0.33
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1879.0

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Tilt-Up, Block
  • Roof: Other
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 9.58
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.58
  • General Property Description:Total Parking Spcs: 9.0

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Green Building Features: Other (See Remarks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 14362.0
  • Parcel #: 138-02-114-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 25200.0

Tax Info

  • Tax Annual Amount: 4375.0
  • Tax Book Number: 138.00
  • Tax Lot: 0
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Sep 27, 2021
Sold by
Marbos Real Estate Llc
Bought by
Ron Berenice Tapia and The 2016 Bam Tapia Trust
Seller's Agent
Susan McCall
Commercial Property Connect
Buyer's Agent
Susan McCall
Commercial Property Connect
List Price
$400,000
Sold Price
$500,000
Premium/Discount to List
$100,000
25%
Total Days on Market
3
Current Estimated Value
$531,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,100
Avg. Annual Appreciation
2.02%

Purchase Details

Closed on
Aug 8, 2011
Sold by
Zaghi Nasser and Zaghi Ashraf
Bought by
Zaghi Nasser and Zaghi Ashraf

Purchase Details

Closed on
Aug 3, 2010
Sold by
First Community Bank
Bought by
Marbos Real Estate Llc

Purchase Details

Closed on
Feb 8, 2010
Sold by
Gonzalez Sergio R
Bought by
First Community Bank

Purchase Details

Closed on
May 23, 2008
Sold by
Gonzalez Margarita
Bought by
Gonzalez Sergio R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2008
Sold by
Gfd Az Investments Llc
Bought by
Gonzalez Sergio R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2006
Sold by
Vasquez Francisco
Bought by
Gfd Az 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
$537,500
Interest Rate
6.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2002
Sold by
Vasquez Alma Rosa
Bought by
Vasquez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
7.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 1999
Sold by
Li Allen Chao Ying and Li Amy Su Mei
Bought by
Vasquez Francisco and Vasquez Alma Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,791
Interest Rate
7.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 26, 1998
Sold by
Li Allen Chao Ying and Li Amy Sue Mei
Bought by
City Of Mesa

Purchase Details

Closed on
Apr 6, 1998
Sold by
Vandyke Mary and Rosenthal Nancy E
Bought by
Li Allen Chao Ying and Li Amy Su Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.06%
Mortgage Type
Seller Take Back

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
Ron Berenice Tapia $500,000 Old Republic Title Agency
Zaghi Nasser -- None Available
Marbos Real Estate Llc $215,000 Thomas Title & Escrow
First Community Bank $197,190 None Available
Gonzalez Sergio R -- Grand Cyn Title Agency Inc
Gonzalez Sergio R -- Grand Cyn Title Agency Inc
Gfd Az Investments Llc $575,000 Chicago Title Insurance Comp
Vasquez Francisco -- First American Title
Vasquez Francisco $300,000 Security Title Agency
City Of Mesa $41,300 Stewart Title & Trust
Li Allen Chao Ying $205,000 Security Title Agency
Vandyke Mary -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Sergio R $390,000
Previous Owner Gfd Az Investments Llc $537,500
Previous Owner Vasquez Francisco $448,500
Previous Owner Vasquez Francisco $243,750
Previous Owner Vasquez Francisco $134,791
Previous Owner Li Allen Chao Ying $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $500,000 +25.0% $266 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $400,000 -- $213 / 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 $4,013 $39,647 -- --
2024 $4,169 $38,939 -- --
2023 $4,169 $72,199 $38,369 $33,830
2022 $4,203 $63,736 $32,638 $31,098
2021 $4,375 $64,908 $33,570 $31,338
2020 $4,318 $66,906 $35,892 $31,014
2019 $4,035 $61,398 $31,932 $29,466
2018 $3,872 $43,650 $17,730 $25,920
2017 $3,757 $39,888 $16,416 $23,472
2016 $3,687 $36,342 $14,652 $21,690
2015 $3,562 $29,397 $12,617 $16,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6294945

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-02-114B