NOT LISTED FOR SALE

Estimated Value: $1,936,449

-- Bed
1 Bath
35,616 Sq Ft
6,534 Sq Ft Lot

Highlights

  • The property is located in a historic district
  • Property is near public transit
  • No HOA
  • Franklin at Brimhall Elementary School Rated A
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of April 2024

Indulge in the unique charm of this historic Mesa studio loft, ideally located in the heart of downtown Mesa. Featuring vaulted ceilings and hardwood floors, this upper-level unit boasts exposed brick walls that showcase the building's character. The updated kitchen with modern appliances seamlessly blends convenience with vintage aesthetics. Enjoy spacious living with city light views and a scenic backdrop of mountains. Inclusive amenities such as electric, water, sewer, and trash simplify living. Onsite laundry, off-street parking, and immediate access to the light rail enhance the convenience. This is an exceptional opportunity for those seeking a distinctive and convenient living experience in downtown Mesa.

Last Agent to Rent the Property

Dominic Arnold

AZ Prime Property Management License #BR639934000 Listed on: 01/09/2024

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,194

Year Built

  • Built in 1920

Lot Details

  • 6,534

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Concrete Roof

Interior Spaces

  • 35,616 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

  • Adams Elementary School
  • Carson Junior High Middle School
  • Mesa High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 1/9/24
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • Legal Lot and Block 5 / 11
  • Assessor Parcel Number 138-41-021-F

Community Details

Overview

  • No Home Owners Association
  • Mesa Arizona Subdivision

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,194

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Rent Includes: Other, Water, Sewer, Garbage Collection
  • Available Date: 2024-01-09

Listing Details

  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1920
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: MESA ARIZONA
  • Property Attached Yn: Yes
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm
  • Living Area: 35616.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Laundry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted, Brick
  • Roof: Concrete

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: See Remarks, Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Historic District, Community Laundry
  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Adams Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size Sq Ft: 6650.0
  • Parcel #: 138-41-021-F

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Block: 11
  • Tax Book Number: 138.00
  • Tax Lot: 5
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2013
Sold by
37 39 & 41 West Main Llc
Bought by
The Drew On Main Llc
Current Estimated Value
$1,936,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$487,052
Interest Rate
3.51%
Mortgage Type
Seller Take Back
Estimated Equity
$1,440,546

Purchase Details

Closed on
Jul 30, 2005
Sold by
Morehouse John B and Morehouse Lee Lisa
Bought by
37 39 & 41 West Main Llc
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
The Drew On Main Llc $775,000 Great American Title Agency
37 39 & 41 West Main Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Drew On Main Llc $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Rented $1,295 0.0% --
03/27/2024 03/27/24 Price Changed $1,295 -7.2% $0 / Sq Ft
02/06/2024 02/06/24 Price Changed $1,395 -6.7% $0 / Sq Ft
01/27/2024 01/27/24 Price Changed $1,495 -6.3% $0 / Sq Ft
01/19/2024 01/19/24 Price Changed $1,595 -5.9% $0 / Sq Ft
01/10/2024 01/10/24 For Rent $1,695 -- --
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 $5,194 $42,414 -- --
2024 $5,317 $41,241 -- --
2023 $5,317 $154,679 $16,259 $138,420
2022 $5,313 $136,476 $10,181 $126,295
2021 $5,235 $135,315 $10,382 $124,933
2020 $5,176 $134,042 $10,339 $123,703
2019 $4,912 $139,124 $10,455 $128,669
2018 $4,744 $123,572 $8,818 $114,754
2017 $4,625 $51,636 $8,167 $43,469
2016 $4,553 $47,234 $7,095 $40,139
2015 $4,367 $28,768 $6,362 $22,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6648059

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-41-021F