NOT LISTED FOR SALE

3930 E University Dr Mesa, AZ 85205

The Groves Neighborhood

Estimated Value: $1,698,979

-- Bed
-- Bath
5,003 Sq Ft
$340/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $1,750,000 $350 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $10,156/month

52 Days on Market

Highlights

  • 0.88 Acre Lot
  • Central Air
  • Heat Pump System
  • Entz Elementary School Rated A-
  • Concrete Flooring

About This Home

As of March 2024

Situated in Mesa,
the property's highly sought
after location offers strategic
advantages, such as
proximity to business hubs,
transportation facilities, and
amenities, contributing to
potential business growth
and employee convenience.
Space and Features: With a
building size of 5,000+ square
feet, the property provides
ample space for multiple
tenants and various business
operations. Large lot with
rare monument signage.
Opportunity for owner/user
SBA, then let us help you
lease out the rest to qualified
tenants and you've got
yourself a highly performing
asset.

Last Listed By

Nicholas Skogen

My Home Group Real Estate License #SA669539000 Listed on: 11/16/2023

My Home Group Real Estate

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,166

Year Built

  • Built in 1988

Lot Details

  • 0.88 Acre Lot
  • Property is zoned C-O

Home Design

  • 5,003 Sq Ft Home
  • Wood Frame Construction

Flooring

  • Carpet
  • Concrete

Parking

  • 29 Open Parking Spaces
  • 29 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Carmel Estates Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 140-73-011

Property Details

Property Type

Other

Est. Annual Taxes

$9,166

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Cross Street: E University and N 39th Way
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: C-O
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1988
  • Tax Year: 2023
  • Lot Size Acres: 0.88
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: CARMEL ESTATES
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 5003.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved, Private
  • Attached Garage: No
  • Open Parking Spaces: 29.0
  • Total Parking Spaces: 29.0
  • General Property Description:Uncvrd Parking Spcs: 29.0
  • General Property Description:Total Parking Spcs: 29.0

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 38180.0
  • Parcel #: 140-73-011
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9166.0
  • Tax Book Number: 140.00
  • Tax Lot: 11
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Mar 13, 2024
Sold by
Crockett R/E Holdings Llc
Bought by
Ariya Resources Llc
Seller's Agent
Nicholas Skogen
My Home Group Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,750,700
Sold Price
$1,750,000
Premium/Discount to List
-$700
-0.04%
Total Days on Market
52
Views
32
Current Estimated Value
$1,698,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,021
Avg. Annual Appreciation
-1.95%
Original Mortgage
$1,728,700
Outstanding Balance
$1,708,222
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$2,905

Purchase Details

Closed on
Jun 26, 2016
Sold by
Snitzer Snitzer Steven Steven and Snitzer Watts Shari
Bought by
Alcantar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2006
Sold by
Estate Of Doris Snitzer
Bought by
Snitzer Snitzer Steven Steven and Snitzer Watts Shari

Range of Values:

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Average Value
Not Available
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
Ariya Resources Llc $1,750,000 Kensington Vanguard National T
Crockett R/E Holdings Llc $780,604 Kensington Vanguard National L
Alcantar Llc $465,000 Grand Canyon Title Agency
Snitzer Snitzer Steven Steven -- None Available
Snitzer Snitzer Steven Steven -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ariya Resources Llc $1,728,700
Previous Owner Alcantar Llc $735,000
Previous Owner Alcantar Llc $654,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $1,750,000 0.0% $350 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
11/16/2023 11/16/23 For Sale $1,750,700 -- $350 / 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 $8,831 $85,503 -- --
2024 $9,166 $83,977 -- --
2023 $9,166 $106,726 $46,801 $59,925
2022 $9,239 $107,748 $51,503 $56,245
2021 $9,583 $99,630 $52,974 $46,656
2020 $9,454 $98,838 $46,440 $52,398
2019 $8,842 $73,080 $41,976 $31,104
2018 $8,480 $74,214 $41,364 $32,850
2017 $8,231 $65,106 $38,304 $26,802
2016 $9,240 $71,370 $34,200 $37,170
2015 $9,430 $76,960 $21,164 $55,796
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nicholas Skogen

    My Home Group

    (480) 685-2760

    1 in this area

    9 Total Sales

    Nicholas Skogen
    Section Image
  • Aaron Dutcher

    Seller Co-Listing Agent in 2024

    Aaron Dutcher

    My Home Group

    (480) 797-8369

    1 in this area

    32 Total Sales

    Aaron Dutcher
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6631342

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-73-011

Arizona Maricopa County Mesa 85205 The Groves

3930 E University Dr, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 3930 E University Dr, Mesa, AZ 85205 since 16 November 2023 and is currently estimated at $1,698,979, approximately $339 per square foot. This property was built in 1988. 3930 E University Dr is a home located in Maricopa County with nearby schools including Entz Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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