NOT LISTED FOR SALE

2940 E Main St Mesa, AZ 85213

The Groves Neighborhood

Estimated Value: $2,350,281

Studio
-- Bath
5,356 Sq Ft
$439/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2018

Last sale price $625,000 $117 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $13,650 / mo

389 Days on Market

Highlights

  • 1.98 Acre Lot
  • Highland Elementary School Rated 9+
  • Central Air

About This Home

As of July 2018

This 5,355/SF retail building with ample parking allows for versatility in use. Currently set up as a Retail merchandise store. Was once a restaurant, but could easily be used as an auto retail store as well. This building is located on an almost 2 AC lot. This property is sitting adjacent to a redeveloping retail center. Join in on the action! Has small outside storage area in the back of the building. Already set up with a great security system including cameras, this property is ready to go!

Last Agent to Sell the Property

Susan McCall

Commercial Property Connect License #BR552939000 Listed on: 04/28/2017

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,261

Year Built

  • Built in 1976

Lot Details

  • 1.98 Acre Lot
  • Property is zoned LC

Home Design

  • 5,356 Sq Ft Home
  • Tilt Up Walls
  • Tile Roof
  • Block Exterior

Parking

  • 160 Open Parking Spaces
  • 160 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Showroom

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 140-22-001-Q

Property Details

Property Type

Other

Est. Annual Taxes

$10,261

Year Built

Built in 1976

Lot Details

1.98 Acres

Listing Details

  • Cross Street: Lindsay and Main St
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: LC
  • Current Use: Retail
  • Number Of Buildings: 1
  • Year Built: 1976
  • Tax Year: 2016
  • Lot Size Acres: 1.98
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial
  • Tax Parcel Letter: Q
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Block
  • Construction Type: Tilt-Up, Block
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Open Parking Spaces: 160.0
  • Total Parking Spaces: 160.0
  • General Property Description:Uncvrd Parking Spcs: 160.0
  • General Property Description:Total Parking Spcs: 160.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Green Building Features: Showroom
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Showroom: Yes

Lot Info

  • Lot Size Sq Ft: 86334.0
  • Additional Parcels: No
  • Parcel #: 140-22-001-Q
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10261.0
  • Tax Book Number: 140.00
  • Tax Lot: 1
  • Tax Map Number: 22.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2019
Sold by
Bought by
Current Estimated Value
$2,350,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Outstanding Balance
$849,110
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$1,501,171

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jul 5, 2018
Sold by
Bought by
Seller's Agent
Susan McCall
Commercial Property Connect
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$889,000
Sold Price
$625,000
Premium/Discount to List
-$264,000
-29.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.13%

Purchase Details

Closed on
Apr 5, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,533,400 Chicago Title Insurance Co
-- Chicago Title Agency Inc
$625,000 Chicago Title Agency Inc
$525,000 Westland Title Agency Of Az
$400,000 Stewart Title & Trust
-- --
-- Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,015,000
Previous Owner $446,000
Previous Owner $425,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/10/2018 07/10/18 Sold $625,000 -9.3% $117 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
03/22/2018 03/22/18 Price Changed $689,000 -12.7% $129 / Sq Ft
08/28/2017 08/28/17 Price Changed $789,000 -11.2% $147 / Sq Ft
04/27/2017 04/27/17 For Sale $889,000 -- $166 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,754 $119,134 -- --
2024 $12,526 $117,007 -- --
2023 $12,526 $174,403 $109,021 $65,382
2022 $12,628 $152,198 $80,693 $71,505
2021 $13,148 $153,144 $82,998 $70,146
2020 $12,018 $119,538 $73,710 $45,828
2019 $11,228 $112,590 $66,924 $45,666
2018 $10,777 $109,080 $65,934 $43,146
2017 $10,456 $105,480 $61,038 $44,442
2016 $10,261 $94,536 $54,504 $40,032
2015 $9,912 $82,233 $49,710 $32,523
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Susan McCall

    Commercial Property Connect

    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5596965

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-22-001Q

Arizona Maricopa County Mesa 85213 The Groves

2940 E Main St, Mesa, AZ

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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