NOT LISTED FOR SALE

3041 E Mckellips Rd Mesa, AZ 85213

Citrus Neighborhood

Estimated Value: $1,599,401

-- Bed
-- Bath
2,998 Sq Ft
$533/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $1,475,000 $492 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,593/month

16 Days on Market

Highlights

  • 2.49 Acre Lot
  • Central Air
  • Concrete Flooring
  • Hale Elementary School Rated A-

About This Home

As of November 2021

High profile single TENANT (NNN) Lease in place, three ( 3) years remaining, with an additional five (5) year option. Annual increases. Tenants have leased since 2009. ALSO INCLUDED 1+/- ACRE VACANT LOT TO THE REAR OF THE PROPERTY.

Last Agent to Sell the Property

Dean Abraham

Berkshire Hathaway HomeServices Arizona Properties License #SA032561000 Listed on: 09/07/2021

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Dan Werner

Metropolitan Realty Advisors LLC License #BR519311000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $21,757

Year Built

  • Built in 2006

Lot Details

  • 2.49 Acre Lot
  • Property is zoned C2

Home Design

  • Wood Frame Construction
  • Foam Roof

Interior Spaces

  • 2,998 Sq Ft Home
  • Concrete Flooring

Parking

  • 42 Open Parking Spaces
  • 42 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Master Water Meter

Community Details

  • Gross Income $109,440
  • Net Operating Income $82,740

Listing and Financial Details

  • Assessor Parcel Number 141-14-008-Q

Property Details

Property Type

Other

Est. Annual Taxes

$21,757

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: Lindsay & McKellips
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Current Use: Restaurant, Fast Food
  • Number Of Buildings: 1
  • Year Built: 2006
  • Tax Year: 2021
  • Directions: E.. FROM LINDSAY ON McKELLIPS SOUTH SIDE. NEXT TO: Sonic
  • Lot Size Acres: 2.49
  • Road Surface Type: Asphalt, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial
  • Tax Parcel Letter: Q
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Other
  • Construction Type: Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 42.0
  • Total Parking Spaces: 42.0
  • General Property Description:Uncvrd Parking Spcs: 42.0
  • General Property Description:Total Parking Spcs: 42.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Individual Meter, Master Meter, SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Water Source: City Franchise, Master Meter, Individual Meter
  • Heating:Natural Gas: Yes
  • Electric Master Meter: Yes

Lot Info

  • Lot Size Sq Ft: 108443.0
  • Additional Parcels: No
  • Parcel #: 141-14-008-Q
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 109440.0
  • Property Net Operating Income: 82740.0

Tax Info

  • Tax Annual Amount: 21757.0
  • Tax Book Number: 141.00
  • Tax Lot: 0
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Nov 18, 2021
Sold by
Piya Enterprises Llc
Bought by
Bloomfield Capital Llc
Seller's Agent
Dean Abraham
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Dan Werner
Metropolitan Realty Advisors LLC
List Price
$1,500,000
Sold Price
$1,475,000
Premium/Discount to List
-$25,000
-1.67%
Current Estimated Value
$1,599,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,401
Avg. Annual Appreciation
1.78%

Purchase Details

Closed on
Jan 27, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Piya Enterprises Llc

Purchase Details

Closed on
Nov 6, 2008
Sold by
Wayne & Lisa Llc
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Feb 24, 2005
Sold by
B & B Merritt Real Estate Llc
Bought by
Wayne & Lisa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,031,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2005
Sold by
Merritt Bobby J and Merritt Betty L
Bought by
City Of Mesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,031,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2001
Sold by
Merritt Bobby L and Merritt Betty L
Bought by
City Of Mesa

Purchase Details

Closed on
Jun 12, 2000
Sold by
R W Walpole Contracting Corp
Bought by
Merritt Bobby J and Merritt Betty L

Purchase Details

Closed on
Dec 13, 1994
Sold by
R W Walpole Contracting Corp
Bought by
Central Self Storage Investors Ii
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
Bloomfield Capital Llc $1,475,000 Chicago Title Agency Inc
Piya Enterprises Llc $650,000 American Title Service Agenc
Wells Fargo Bank National Association $650,000 First American Title
Wayne & Lisa Llc $540,000 First American Title Ins Co
City Of Mesa -- --
City Of Mesa -- --
Merritt Bobby J $480,000 Lawyers Title Of Arizona Inc
Central Self Storage Investors Ii $92,395 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloomfield Capital Llc $6,000,000
Previous Owner Wayne & Lisa Llc $219,000
Previous Owner Wayne & Lisa Llc $50,000
Previous Owner Wayne & Lisa Llc $1,031,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $1,475,000 -1.7% $492 / Sq Ft
09/07/2021 09/07/21 For Sale $1,500,000 -- $500 / 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 $20,197 $195,547 -- --
2024 $20,857 $191,131 -- --
2023 $20,857 $245,736 $122,299 $123,437
2022 $20,982 $192,726 $79,501 $113,225
2021 $21,757 $196,579 $81,055 $115,524
2020 $21,342 $203,540 $88,106 $115,434
2019 $20,078 $187,202 $76,394 $110,808
2018 $19,251 $185,268 $65,190 $120,078
2017 $18,687 $173,579 $60,359 $113,220
2016 $18,333 $157,815 $53,901 $103,914
2015 $17,687 $143,561 $61,476 $82,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6290110

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-14-008Q