NOT LISTED FOR SALE

240 N Center St Mesa, AZ 85201

Downtown Mesa Neighborhood

Estimated Value: $581,884

-- Bed
-- Bath
3,077 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $310,000 $101 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,492/month

461 Days on Market

Highlights

  • Meeting Room
  • Central Air
  • Multiple Heating Units
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of August 2018

***PRICE REDUCTION*** FANTASTIC OFFICE LOCATION, located in the heart of Mesa's downtown district! Walk to the Mesa Convention Center, Mesa Main Library, Post Office, Ikeda Theatre, Mesa Arts Center, just to name a few! Also, close driving proximity to Mesa Riverview and the Chicago Cubs spring training facility. Two story office building recently painted both inside and outside as of February 2017! Office has also been full remodeled within the past several years. The lower level is currently being used as an attorneys office, complete with 4 offices, a copy room, reception area, large conference room, and 2 half bathrooms. Upper level has a reception area, full bath, & 2 large offices is designed for an additional tenant with separate entrance for additional income OR could be used as all one large office!

Last Agent to Sell the Property

Kelly Cook

Real Broker License #SA562405000 Listed on: 03/03/2017

Real Broker

Last Buyer's Agent

Andrea Groves

ADG Properties License #BR579515000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,380

Year Built

  • Built in 1958

Lot Details

  • 7,579 Sq Ft Lot
  • Property fronts an alley
  • Block Wall Fence
  • Property is zoned TCC

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 3,077 Sq Ft Home
  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • 2 Covered Spaces
  • Private Parking
  • Community Parking Structure

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 138-59-047

Community Details

Overview

  • Building Dimensions are 60FT X 130FT APPROX
  • Mesa Subdivision

Additional Features

  • Meeting Room
  • Operating Expense $10,080

Property Details

Property Type

Other

Est. Annual Taxes

$3,380

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Main St & Center St
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: TCC
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2016
  • Directions: Head North on Center Street 3 blocks to property (just south of University Dr).
  • Lot Size Acres: 0.17
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: MESA
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 3077.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Block
  • Roof: Composition, Built-Up
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Private Parking, Parking Structure
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Private Parking: Yes
  • Parking:Parking Structure: Yes

Utilities

  • Electric: Master Meter, City Electric
  • Cooling: Office A/C, Central A/C
  • Heating: Heat Pump, 2 or More Units, Electric
  • Green Building Features: Conference Room, Fiber Optic Availble, Showers - Office
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes

Association/Amenities

  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Fiber Optic Availble: Yes

Fee Information

  • Annual Water Sewer Expense: 1500.0

Lot Info

  • Lot Size: 60FT X 130FT APPROX
  • Lot Size Sq Ft: 7579.0
  • Parcel #: 138-59-047
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 2160.0
  • Insurance Expense: 1600.0
  • Annual Operating Expense: 10080.0

Tax Info

  • Tax Annual Amount: 3380.0
  • Tax Book Number: 138.00
  • Tax Lot: 17
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2024
Sold by
Tgi Greenway Llc
Bought by
Irons And Fires Llc
Current Estimated Value
$581,884

Purchase Details

Closed on
Dec 30, 2022
Sold by
Core Construction Inc
Bought by
Tgi Greenway Llc

Purchase Details

Listed on
Mar 3, 2017
Closed on
Aug 28, 2018
Sold by
Kessler Eric W
Bought by
Core Construction Inc
Seller's Agent
Kelly Cook
Real Broker
Buyer's Agent
Andrea Groves
ADG Properties
List Price
$399,000
Sold Price
$310,000
Premium/Discount to List
-$89,000
-22.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Nov 17, 2006
Sold by
Doyle Michael J and Doyle Amy J
Bought by
Kessler Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2006
Sold by
Kessler Karen L
Bought by
Kessler Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2006
Sold by
Kessler Jamie Marie
Bought by
Kessler Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Irons And Fires Llc $580,000 Commonwealth Title
Tgi Greenway Llc $648,000 First American Title
Core Construction Inc $310,000 Chicago Title Agency Inc
Kessler Eric W -- Chicago Title Insurance Co
Kessler Eric W -- Chicago Title Insurance Co
Kessler Eric W -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irons And Fires Llc $435,000
Previous Owner Kessler Eric W $280,000
Previous Owner Doyle Michael J $91,034
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $310,000 -1.6% $101 / Sq Ft
03/19/2018 03/19/18 Price Changed $314,900 -3.1% $102 / Sq Ft
09/22/2017 09/22/17 Price Changed $325,000 -7.1% $106 / Sq Ft
06/12/2017 06/12/17 Price Changed $349,900 -12.3% $114 / Sq Ft
03/02/2017 03/02/17 For Sale $399,000 -- $130 / 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 $3,857 $33,257 -- --
2024 $3,988 $32,664 -- --
2023 $3,988 $57,477 $22,134 $35,343
2022 $4,016 $53,708 $13,703 $40,005
2021 $4,012 $47,232 $14,094 $33,138
2020 $3,964 $40,158 $14,058 $26,100
2019 $3,667 $38,880 $14,202 $24,678
2018 $3,533 $37,566 $12,150 $25,416
2017 $3,438 $33,570 $11,250 $22,320
2016 $3,380 $30,564 $9,774 $20,790
2015 $3,267 $24,957 $8,880 $16,077
Source: Public Records

Agents Affiliated with this Home

  • Kelly Cook

    Seller's Agent in 2018

    Kelly Cook

    Real Broker

    (480) 227-2028

    2 in this area

    769 Total Sales

    Kelly Cook
    Section Image
  • Andrea Groves

    Buyer's Agent in 2018

    Andrea Groves

    ADG Properties

    (602) 291-1866

    3,336 Total Sales

    Andrea Groves
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5569176

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-59-047

Arizona Maricopa County Mesa 85201 Downtown Mesa

240 N Center St, Mesa, AZ

This home is located at 240 N Center St, Mesa, AZ 85201 since 03 March 2017 and is currently estimated at $581,884, approximately $189 per square foot. This property was built in 1958. 240 N Center St is a home located in Maricopa County with nearby schools including Eisenhower Center for Innovation, 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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