NOT LISTED FOR SALE

Estimated Value: $500,950

2 Beds
1 Bath
3,522 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $300,000 $85 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,305/month

82 Days on Market

Highlights

  • 0.95 Acre Lot
  • Wood Flooring
  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Community Kitchen
  • 5-minute walk to Stapley Park

About This Home

As of December 2018

Huge 41,317 SF (.95 acre) lot in the heart of Mesa. The parcel is zoned both commercial & residential. The north 45% is Limited Commercial District (LC), which allows for a wide range of commercial uses. The south 55% is zoned RM-2, which permits single and multi-family residences and would allow up to 6 residential units to be built without changing current zoning. There is currently a 2952 SF office building and a small 570 SF residence. Tons of storage including a small basement in the office building and a 784 SF storage shed. Property includes 6 parking spaces + a 2-space carport. There's also a diving pool (the pool needs work). Most of the land is flood irrigated. Lots of possibilities for this one, especially for someone wanting to live on the property where they run a business.

Last Listed By

Dave Getz

West USA Realty License #SA647054000 Listed on: 06/05/2018

West USA Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1950

Lot Details

  • 0.95 Acre Lot
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned LC, RM-2

Home Design

  • 3,522 Sq Ft Home
  • Tilt Up Walls
  • Wood Frame Construction
  • Composition Roof

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • Public Parking
  • 2 Covered Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 139-24-034-C

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • 2 Buildings
  • Operating Expense $9,120

Property Details

Property Type

Other

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Broadway Road & Mesa Drive
  • Property Type: Comm/Industry Sale
  • Zoning: LC, RM-2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2017
  • Directions: Take Broadway east of Mesa Drive, take 2nd right (south) onto Pioneer. Office building is at the corner of Broadway & Pioneer with parking along Pioneer.
  • Lot Size Acres: 0.95
  • Structure Type: Other (See Remarks), Commercial, Office
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 3522.0

Exterior Features

  • Fencing: Block, Chain Link, Wood
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Tilt-Up
  • Roof: Composition
  • Construction:Tilt-Up: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, Private Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Window/Wall Unit, Central A/C, Office A/C
  • Heating: Electric
  • Green Building Features: Basement, Conference Room, Reception Room, Kitchen, Showers - Office
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Basement: Yes

Lot Info

  • Lot Size Sq Ft: 41317.0
  • Parcel #: 139-24-034-C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 4800.0
  • Insurance Expense: 3120.0
  • Annual Operating Expense: 9120.0

Tax Info

  • Tax Book Number: 139.00
  • Tax Lot: 88
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Foster Arizona
Bought by
City Of Mesa
Total Days on Market
82
Current Estimated Value
$500,950

Purchase Details

Listed on
Jun 5, 2018
Closed on
Dec 17, 2018
Sold by
Concerned Christians Of Arizona Inc
Bought by
Foster Arizona
Seller's Agent
Dave Getz
West USA Realty
Buyer's Agent
Leila Woodard
My Home Group Real Estate
List Price
$355,000
Sold Price
$300,000
Premium/Discount to List
-$55,000
-15.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Apr 12, 2001
Sold by
Fountain Of Hope Ministries Of America I
Bought by
Concerned Christians Of Mesa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,925
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 1998
Sold by
R G International Investment Group
Bought by
Fountain Of Hope Ministries Of America I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.17%
Mortgage Type
Seller Take Back

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
City Of Mesa -- Security Title
Foster Arizona $300,000 Empire West Title Agency Llc
Concerned Christians Of Mesa Inc $240,000 First American Title
Fountain Of Hope Ministries Of America I $205,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Concerned Christians Of Mesa Inc $235,411
Previous Owner Concerned Christians Of Mesa Inc $238,925
Previous Owner Fountain Of Hope Ministries Of America I $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2018 12/27/18 Sold $300,000 -15.5% $85 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $355,000 -- $101 / 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
2022 -- $85,290 $46,815 $38,475
2021 $0 $84,255 $46,815 $37,440
2020 $0 $78,435 $41,280 $37,155
2019 $0 $65,445 $37,035 $28,410
2018 $0 $72,510 $36,675 $35,835
2017 $0 $49,305 $29,790 $19,515
2016 $0 $44,325 $25,905 $18,420
2015 -- $39,536 $23,136 $16,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5775709

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-24-034C