NOT LISTED FOR SALE

2260 E University Dr Mesa, AZ 85213

North Central Mesa Neighborhood
-- Bed
-- Bath
8,001 Sq Ft
0.33 Acres

Last Sold July 18, 2013

Last sale price $325,000 $41 Per Sq Ft

55 Days on Market

About This Home

As of July 2013

8,000 sf office building on large 14365 sf lot. Great Location with high visibility and high traffic count. Priced for quick sale at only $40.63 per square foot!! Building is currently being used as office, could be a perfect fit for an assisted living facility.

Currently includes a 1,000 sq foot residential rental, two bedroom, 1 bath, month to month lease.

Last Listed By

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 05/17/2013

Property Details

Property Type

  • Other

Year Built

  • Built in 1977

Lot Details

  • 0.33 Acre Lot
  • Property is zoned C-O

Home Design

  • 8,001 Sq Ft Home
  • Tile Roof
  • Block Exterior
  • Stucco

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Central Air
  • No Heating

Community Details

  • Mcafee Heights Subdivision
  • Operating Expense $9,442

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 140-09-114

Property Details

Property Type

Other

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Cross Street: Gilbert and University
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: C-O
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1977
  • Tax Year: 2012
  • Directions: East on University to property
  • Lot Size Acres: 0.33
  • Subdivision Name: McAfee Heights
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: None
  • Construction Type: Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Construction:Stucco2: 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: None
  • Water Source: City Franchise
  • Heating:None29: Yes

Lot Info

  • Lot Size Sq Ft: 14365.0
  • Additional Parcels: No
  • Parcel #: 140-09-114
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 9442.28

Tax Info

  • Tax Annual Amount: 9442.28
  • Tax Book Number: 140.00
  • Tax Lot: 17
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2023
Sold by
Hernandez Carlos and Hernandez Marci
Bought by
2260 Mc Holdings
Total Days on Market
55

Purchase Details

Closed on
Oct 8, 2021
Sold by
2260 E University Llc
Bought by
Hernandez Marci and Hernandez Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
May 17, 2013
Closed on
Jul 12, 2013
Sold by
Rtc Gem Llc
Bought by
2260 E University Llc
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Jamin Denham
DenMar Realty
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,250
Interest Rate
3.92%
Mortgage Type
Commercial

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
2260 Mc Holdings -- None Listed On Document
Hernandez Marci $900,000 Clear Title Agency Of Az
2260 E University Llc $322,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Marci $700,000
Previous Owner 2260 E University Llc $290,250
Previous Owner Rtc Gem Llc $500,000
Previous Owner Rtc Gem Llc $253,943
Previous Owner Rtc Gem Llc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2013 07/18/13 Sold $325,000 0.0% $41 / Sq Ft
07/07/2013 07/07/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $325,000 -- $41 / 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 $6,906 $68,222 -- --
2024 $7,173 $67,004 -- --
2023 $7,173 $97,240 $19,193 $78,047
2022 $7,231 $101,903 $23,030 $78,873
2021 $7,529 $89,424 $23,688 $65,736
2020 $7,431 $92,952 $20,592 $72,360
2019 $6,943 $62,838 $18,720 $44,118
2018 $6,663 $65,574 $17,406 $48,168
2017 $6,465 $59,418 $16,128 $43,290
2016 $6,345 $62,280 $14,400 $47,880
2015 $6,129 $49,359 $8,862 $40,497
Source: Public Records

Agents Affiliated with this Home

  • Don Mortensen

    Seller's Agent in 2013

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    123 Total Sales

    Don Mortensen
    Section Image

  • J

    Buyer's Agent in 2013

    Jamin Denham

    DenMar Realty

    12 in this area

    163 Total Sales

    Jamin Denham
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4938356

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-09-114

Arizona Maricopa County Mesa 85213 North Central Mesa

2260 E University Dr, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 2260 E University Dr, Mesa, AZ 85213 since 17 May 2013. This property was built in 1977. 2260 E University Dr is a home located in Maricopa County with nearby schools including Field Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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