NOT LISTED FOR SALE

1954 S Dobson Rd Unit 1 Mesa, AZ 85202

Dobson Neighborhood

Estimated Value: $6,915,553

-- Bed
-- Bath
26,717 Sq Ft
$259/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $2,900 $0 Per Sq Ft

Est. 238,367% increase in value since last sale

Current estimated payment $42,679/month

1,348 Days on Market

Highlights

  • 2.13 Acre Lot
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of July 2019

Fantastic waterfront retail/restaurant. Located on a hard corner in a well developed neighborhood. Close proximity to Mesa Community College, Banner Desert Medical Center and Dobson Ranch Golf Course. Great street visibility with easy access. High traffic, recently remodeled, close to 101 and 60.

Last Listed By

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 10/15/2015

Property Details

Property Type

  • Other

Year Built

  • Built in 1982

Lot Details

  • 2.13

Home Design

  • Tilt Up Walls
  • Block Exterior

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Concrete Flooring
  • 2.13 Acre Lot

Community Details

  • Los Altos Amd Subdivision

Listing and Financial Details

  • Property Available on 10/15/15
  • Assessor Parcel Number 305-02-429-E

Property Details

Property Type

Other

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Dobson and Baseline
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: C
  • Current Use: Retail, Restaurant
  • Lease Info Annual Lease Price: 35000.0
  • Lease Info Annual Lse Prc P S F: 14.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-5
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 2500
  • Year Built: 1982
  • Tax Year: 2015
  • Directions: NW Corner of Dobson and Baseline
  • Lot Size Acres: 2.13
  • Subdivision Name: LOS ALTOS AMD
  • Structure Type: Commercial
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Tilt-Up, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 92962.0
  • Additional Parcels: No
  • Parcel #: 305-02-429-E
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2015-10-15

Multi Family

  • Leasable Area: 2500.0

Tax Info

  • Tax Annual Amount: 44251.0
  • Tax Book Number: 305.00
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Womac Industries Inc Profit Sharing Plan
Bought by
Johnson Stephen C and Johnson Michael Troy
Total Days on Market
1348
Current Estimated Value
$6,915,553

Purchase Details

Closed on
Sep 7, 2000
Sold by
Johnson Stephen C and Johnson Gary
Bought by
City Of Mesa

Purchase Details

Closed on
Dec 2, 1997
Sold by
Developers Diversified Llc
Bought by
Horizon Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$867,000
Interest Rate
7.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 2, 1995
Sold by
Johnson Woodrow V and Johnson Gary M
Bought by
Womac Industries Inc

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
Johnson Stephen C -- None Available
City Of Mesa -- Security Title Agency
Horizon Acquisitions Llc $1,800,000 Transnation Title Ins Co
Developers Diversified Llc -- Transnation Title Ins Co
Womac Industries Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horizon Acquisitions Llc $867,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $2,900 -0.5% $0 / Sq Ft
10/15/2015 10/15/15 For Sale $2,916 -- $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 $49,861 $492,578 -- --
2024 $51,792 $483,782 -- --
2023 $51,792 $612,085 $348,058 $264,027
2022 $52,213 $517,283 $270,025 $247,258
2021 $54,360 $534,078 $277,740 $256,338
2020 $53,652 $531,396 $268,740 $262,656
2019 $50,127 $493,380 $235,764 $257,616
2018 $48,111 $462,222 $204,102 $258,120
2017 $46,676 $433,566 $188,982 $244,584
2016 $45,810 $386,442 $161,712 $224,730
2015 $44,251 $358,863 $186,406 $172,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5348991

Arizona Regional Multiple Listing Service (ARMLS)

APN: 305-02-429E