NOT LISTED FOR SALE

3930 E University Dr Mesa, AZ 85205

The Groves Neighborhood

Estimated Value: $1,753,706

Studio
-- Bath
5,003 Sq Ft
$351/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2024

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

Current estimated payment $10,190 / mo

52 Days on Market

Highlights

  • 0.88 Acre Lot
  • Ceiling height between 10 to 12 feet
  • Central Air
  • Entz Elementary School Rated A-
  • 1-Story Property
  • Heat Pump System

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 Agent to Sell the Property

Nicholas Skogen

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

Co-Listed By

Aaron Dutcher

My Home Group Real Estate License #BR525412000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,166

Year Built

  • Built in 1988

Lot Details

  • 38,180 Sq Ft Lot
  • Property is zoned C-O

Home Design

  • Wood Frame Construction

Interior Spaces

  • 5,003 Sq Ft Home
  • 1-Story Property
  • Ceiling height between 10 to 12 feet

Parking

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

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available

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

0.88 Acres

Listing Details

  • Cross Street: E University and N 39th Way
  • 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
  • Cooling:Cooling: Central Air
  • Electric:Electric: SRP
  • Ceiling Height: 10.1 Feet to 12 Feet
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Living Area: 5003.0
  • Interior Features:Interior Features: Finished
  • Stories: 1 Story

Exterior Features

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

Garage/Parking

  • Parking Features: Private, Paved
  • Attached Garage: No
  • Open Parking Spaces: 29.0
  • Total Parking Spaces: 29.0

Utilities

  • Electric: SRP
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Lot Info

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

Tax Info

  • Tax Annual Amount: 9166.0
  • Tax Book Number: 140.0
  • Tax Lot: 11
  • Tax Map Number: 73.0

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

Listed on
Nov 16, 2023
Closed on
Mar 13, 2024
Sold by
Bought by
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%
Views
32
Current Estimated Value
$1,753,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,706
Avg. Annual Appreciation
-0.50%
Original Mortgage
$1,728,700
Interest Rate
0.0663%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 26, 2016
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
$654,000
Interest Rate
0.0358%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2006
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
$780,604 Kensington Vanguard National L
$1,750,000 Kensington Vanguard National T
$465,000 Grand Canyon Title Agency
-- None Available
-- None Available
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
Closed $1,728,700
Closed $735,000
Closed $654,000
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
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

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 $8,612 $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

  • Aaron Dutcher

    Seller Co-Listing Agent in 2024

    Aaron Dutcher

    My Home Group

    (480) 797-8369

    1 in this area

    28 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

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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