NOT LISTED FOR SALE

3035 S Ellsworth Rd Unit 110 Mesa, AZ 85212

Estimated Value: $253,963

-- Bed
-- Bath
900 Sq Ft
$282/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $152,000 $169 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,532/month

268 Days on Market

Highlights

  • Central Air
  • Canyon Rim Elementary School Rated A
  • 5-minute walk to Mesquite Canyon Park

About This Home

As of October 2018

Office Condo in one of the most desired areas of the valley. Near Eastmark Development and Apple plant substantial growth area. LONG Term Tenant in place. Easy Management Solid Cap Rate.
VALUE added,the HOA covers A/C repairs and A/C replacement as well roof and up keep for exterior and grounds.

Last Agent to Sell the Property

Alex Thomas

EPL Realty Group, LLC License #SA658146000 Listed on: 12/06/2017

Co-Listed By

Peter Ellefson

EPL Realty Group, LLC License #BR528982000

Last Buyer's Agent

Peter Ellefson

EPL Realty Group, LLC License #BR528982000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,153

Year Built

  • Built in 2005

Lot Details

  • 4,311 Sq Ft Lot
  • Property is zoned O-S

Home Design

  • 900 Sq Ft Home
  • Wood Frame Construction

Parking

  • 5 Open Parking Spaces
  • 6 Parking Spaces
  • 1 Covered Space

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 304-02-851

Community Details

Overview

  • Mesquite Canyon Professional Center Condominiums 2 Subdivision

Building Details

  • Operating Expense $5,357
  • Gross Income $17,400
  • Net Operating Income $12,485

Property Details

Property Type

Other

Est. Annual Taxes

$2,153

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Guadalupe & Ellsworth
  • Legal Info Range: 7E
  • Property Type: Comm/Industry Sale
  • Zoning: O-S
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 2005
  • Tax Year: 2017
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: eplr01
  • Co List Office Phone: 480-831-1731
  • Subdivision Name: MESQUITE CANYON PROFESSIONAL CENTER CONDOMINIUMS 2
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Other, See Remarks
  • Construction Type: Frame - Wood
  • Roof: See Remarks, Rolled/Hot Mop
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Central A/C
  • Heating: Heat Pump
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 4311.0
  • Additional Parcels: No
  • Parcel #: 304-02-851
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 17400.0
  • Property Net Operating Income: 12485.0
  • Annual Operating Expense: 5357.42

Tax Info

  • Tax Annual Amount: 2153.42
  • Tax Book Number: 304.00
  • Tax Lot: 2
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2017
Closed on
Sep 10, 2018
Sold by
Mesquite Ellsworth Ii Llc
Bought by
Ellsworth110 Llc
Seller's Agent
Alex Thomas
EPL Realty Group, LLC
Buyer's Agent
Peter Ellefson
EPL Realty Group, LLC
List Price
$189,900
Sold Price
$152,000
Premium/Discount to List
-$37,900
-19.96%
Current Estimated Value
$253,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,963

Purchase Details

Closed on
Jun 11, 2012
Sold by
Mesquite Ellsworth Llc
Bought by
Mesquite Ellsworth Grantee Ii Llc

Purchase Details

Closed on
May 18, 2012
Sold by
Mesquite Ellsworth Llc
Bought by
Mesquite Ellsworth Llc

Purchase Details

Closed on
Feb 16, 2011
Sold by
Ohara Tom and Ohara Hiromi
Bought by
Zions First National Bank
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
Ellsworth110 Llc $152,000 Lawyers Title Of Arizona Inc
Mesquite Ellsworth Grantee Ii Llc -- None Available
Mesquite Ellsworth Llc -- None Available
Zions First National Bank -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $152,000 -10.3% $169 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
05/22/2018 05/22/18 Price Changed $169,500 -0.2% $188 / Sq Ft
02/27/2018 02/27/18 Price Changed $169,900 -2.9% $189 / Sq Ft
01/22/2018 01/22/18 Price Changed $175,000 -4.8% $194 / Sq Ft
01/13/2018 01/13/18 Price Changed $183,900 -3.2% $204 / Sq Ft
12/05/2017 12/05/17 For Sale $189,900 -- $211 / 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 $2,223 $24,957 -- --
2024 $2,304 $24,512 -- --
2023 $2,304 $30,685 $6,137 $24,548
2022 $2,318 $27,913 $5,583 $22,330
2021 $2,518 $27,180 $5,436 $21,744
2020 $2,477 $26,856 $5,364 $21,492
2019 $2,316 $25,398 $5,076 $20,322
2018 $2,219 $22,536 $4,500 $18,036
2017 $2,153 $19,746 $3,942 $15,804
2016 $2,212 $18,360 $3,672 $14,688
2015 $2,084 $17,945 $3,589 $14,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5695261

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-02-851