NOT LISTED FOR SALE

Estimated Value: $269,000

0.68 Acre
$395,588 Price per Acre
29,621 Sq Ft Lot

Last Sold May 13, 2016

Last sale price $78,000

Est. 245% increase in value since last sale

Current estimated payment $1,485/month

169 Days on Market

About This Lot

As of May 2016

REDUCED PRICE/MOTIVATED OWNER looking at all offers!! Take a look at this recent parcel split. Two (2) parcels for sale together. Flat, easily buildable R-4 zoned property, appropriate for duplex, 4-plex, townhomes, assisted living, residential care, or home-based day care. Mesa Fire Station and senior rehabilitation center across the street, could be ideal for senior independent or assisted living. Zoning allows up to 20 units, .68 acre & 160 feet lot frontage. The Seller had a pending contract with the City of Mesa to build a sewer line within a few feet of the parcel, which will save the Buyer over $150K.

Last Agent to Sell the Property

Stephen Weber

Peak PM LLC License #BR038638000 Listed on: 12/03/2015

Peak PM LLC

Last Buyer's Agent

Stephen Weber

Peak PM LLC License #BR038638000 Listed on: 12/03/2015

Peak PM LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,194

Lot Details

  • 0.68 Acre Lot
  • Block Wall Fence
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned R-4

Schools

  • Jefferson Elementary School
  • Brimhall Junior High School
  • Red Mountain High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 141-50-005-B

Property Details

Property Type

Land

Est. Annual Taxes

$1,194

Lot Details

0

Listing Details

  • Cross Street: Recker & Main
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Off Site Imp Needed, Prelim Eng Needed, Prelim Eng Included
  • Zoning: R-4
  • Tax Year: 2015
  • Directions: West on Main 1/4 mile, south on 58th St; property on left.
  • Lot Size Acres: 0.68
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family, Commercial, Mobile/Mgf Hme/RV's

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: Check Availability

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Jefferson Elementary School
  • High School: Red Mountain High School
  • Middle Or Junior School: Brimhall Junior High School

Lot Info

  • Lot Size: 150 X 195
  • Lot Size Sq Ft: 29444.0
  • Number Of Lots: 2
  • Additional Parcels: Yes
  • Parcel #: 141-50-005-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1194.0
  • Tax Book Number: 141.00
  • Tax Lot: -
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2015
Closed on
May 16, 2016
Sold by
Zhu Liping
Bought by
Jeffery Leonard
Seller's Agent
Stephen Weber
Peak PM LLC
Buyer's Agent
Stephen Weber
Peak PM LLC
List Price
$96,000
Sold Price
$78,000
Premium/Discount to List
-$18,000
-18.75%
Current Estimated Value
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,000
Original Mortgage
$58,000
Outstanding Balance
$46,066
Interest Rate
3.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 19, 2013
Sold by
Zhu Liping
Bought by
Zhu Liping
Source: Public Records

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
Jeffery Leonard $68,000 Great American Title Agency
Zhu Liping -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffery Leonard $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $78,000 -18.8% --
05/04/2016 05/04/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $96,000 -- --
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 $707 $7,202 $7,202 --
2024 $713 $6,859 $6,859 --
2023 $713 $10,890 $10,890 $0
2022 $698 $12,945 $12,945 $0
2021 $706 $12,945 $12,945 $0
2020 $697 $12,045 $12,045 $0
2019 $651 $11,880 $11,880 $0
2018 $625 $8,850 $8,850 $0
2017 $607 $8,850 $8,850 $0
2016 $595 $7,905 $7,905 $0
2015 $597 $6,288 $6,288 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5369423

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-50-005B