NOT LISTED FOR SALE

2918 S Alma School Rd Mesa, AZ 85210

Dobson Neighborhood

Estimated Value: $2,747,678

-- Bed
-- Bath
20,162 Sq Ft
$136/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $2,000,000 $99 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $16,782/month

26 Days on Market

Highlights

  • Gated Community
  • 1.25 Acre Lot
  • Display Windows
  • Franklin at Brimhall Elementary School Rated A
  • Community Kitchen
  • Ceramic Tile Flooring

About This Home

As of November 2020

The building is free-standing with excellent access, high visibility and monument signage. The building can be used as office, industrial, or retail. There is 5,375 square feet of office retail space, 9,204 square feet of warehouse space, and approximately 3,200 square feet of mezzanine/loft space.

Please watch the walk through video to get the understand the layout of the building.

Last Agent to Sell the Property

Shanna Day

Keller Williams Realty East Valley License #SA629265000 Listed on: 09/01/2020

Last Buyer's Agent

S. Curtis Wieler

Century 21 Arizona Foothills License #BR560263000

Century 21 Arizona Foothills

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $26,544

Year Built

  • Built in 1986

Lot Details

  • 1.25 Acre Lot
  • Property is zoned 01-12

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 20,162 Sq Ft Home
  • Display Windows

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Heating Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 302-06-354-A

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Showroom

Additional Features

  • Operating Expense $26,544
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$26,544

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Alma School Rd & Guadalupe Rd
  • Property Type: Comm/Industry Sale
  • Zoning: 01-12
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2019
  • Directions: South on Alma School Rd, and it's on the right hand side.
  • Lot Size Acres: 1.25
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete

Exterior Features

  • Fencing: Other
  • Construction Type: Frame - Wood, Stucco, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Public Parking, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 50.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 50.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: 3 Phase Power, Over 220 Amp, SRP
  • Cooling: Warehouse Evap, Office A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Clean Room, Showroom, Kitchen, Security Gate, Display Window(s)
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showroom: Yes
  • Amenities:Display Window(s): Yes
  • Amenities:Security Gate: Yes
  • Amenities:Clean Room: Yes

Lot Info

  • Lot Size Sq Ft: 54450.0
  • Parcel #: 302-06-354-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 26544.0

Tax Info

  • Tax Annual Amount: 26544.0
  • Tax Book Number: 302.00
  • Tax Lot: 2
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Nov 17, 2020
Sold by
The Shelle Company Llc
Bought by
Jj Investments 1 Llc
Seller's Agent
Shanna Day
Keller Williams Realty East Valley
Buyer's Agent
S. Curtis Wieler
Century 21 Arizona Foothills
List Price
$2,250,000
Sold Price
$2,000,000
Premium/Discount to List
-$250,000
-11.11%
Total Days on Market
26
Current Estimated Value
$2,747,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$747,678
Avg. Annual Appreciation
7.25%
Original Mortgage
$1,946,250
Outstanding Balance
$1,767,078
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$980,674

Purchase Details

Closed on
Jul 23, 2019
Sold by
Tmk Properties Llc
Bought by
The Shelle Company Llc

Purchase Details

Closed on
Apr 30, 2019
Sold by
Tmk Properties Llc
Bought by
The Shelle Company Llc

Purchase Details

Closed on
May 3, 2012
Sold by
Tmk Properties Llc
Bought by
Tmk Properties Llc

Purchase Details

Closed on
May 4, 2007
Sold by
Stratton Milo Kent
Bought by
Tmk Properties Llc

Purchase Details

Closed on
Apr 18, 2006
Sold by
Kj Lewis Properties Llc
Bought by
Stratton Milo Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2003
Sold by
Beas Lamps Inc
Bought by
Kj Lewis Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5.61%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jj Investments 1 Llc $2,000,000 United Title Agency Llc
The Shelle Company Llc -- Commonwealth Land Ttl Ins Co
The Shelle Company Llc -- None Available
Tmk Properties Llc -- None Available
Tmk Properties Llc -- None Available
Stratton Milo Kent $1,600,000 Title Guaranty Agency Of Az
Kj Lewis Properties Llc $827,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jj Investments 1 Llc $1,946,250
Previous Owner Tmk Properties Llc $500,000
Previous Owner Stratton Milo Kent $1,000,000
Previous Owner Kj Lewis Properties Llc $512,000
Previous Owner Kj Lewis Properties Llc $370,411
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $2,000,000 -11.1% $99 / Sq Ft
08/12/2020 08/12/20 For Sale $2,250,000 -- $112 / 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 $26,404 $260,840 -- --
2024 $27,426 $256,182 -- --
2023 $27,426 $360,213 $127,534 $232,679
2022 $27,649 $267,646 $101,273 $166,373
2021 $28,786 $273,744 $104,166 $169,578
2020 $28,411 $271,116 $99,936 $171,180
2019 $26,544 $262,656 $89,388 $173,268
2018 $25,477 $250,416 $88,020 $162,396
2017 $24,717 $261,792 $81,486 $180,306
2016 $24,258 $238,032 $72,756 $165,276
2015 $23,433 $197,340 $69,005 $128,335
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6125737

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-06-354A