NOT LISTED FOR SALE

Estimated Value: $350,000 - $422,000

3 Beds
2 Baths
1,007 Sq Ft
$389/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $425,000 $422 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,187/month

127 Days on Market

Highlights

  • Gated Community
  • 0.19 Acre Lot
  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Community Kitchen
  • Security Fence

About This Home

As of May 2022

SELLER MAY CARRY! ATTENTION CONTRACTORS !!! Rare opportunity in this neighborhood. Contractor or Mechanics Delight with offices. Plenty of Yard Space entirely concrete slab. This property is Zone GI. All kinds of opportunities and possibilities for this property. 3 offices with 1 bathroom kitchen, conference room and laundry room. Complete remodel done in 2018. New doors, windows, kitchen, bathroom, Stained concrete floors, exterior synthetic stucco, roof, plumbing, electrical with new panel, HVAC, and full concrete slab poured in back. 2022 Fresh paint inside. It has a 2 car garage with new doors, roof and 1/2 bath. Access to this property is available from the alley and security fence surrounding property.

Last Listed By

LeAnn Divis

Better Homes & Gardens Real Estate SJ Fowler License #SA666328000 Listed on: 01/10/2022

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $465

Year Built

  • Built in 1935

Lot Details

  • 8,150 Sq Ft Lot
  • Security Fence
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned GI

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,007 Sq Ft Home
  • Concrete Flooring

Parking

  • 12 Open Parking Spaces
  • 14 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 139-39-095

Community Details

Amenities

  • Community Kitchen
  • Meeting Room

Building Details

  • Operating Expense $5,077
  • Gross Income $13,680
  • Net Operating Income $9,788

Additional Features

  • Mesa Arizona Subdivision
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$465

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Cross Street: Country Club and Broadway
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: GI
  • Current Use: Mixed Use
  • Number Of Buildings: 1
  • Year Built: 1935
  • Tax Year: 2021
  • Directions: East of Country Club on Broadway. Turn South on Lebaron. Property is on the left.
  • Lot Size Acres: 0.19
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Alley
  • Subdivision Name: MESA ARIZONA
  • Structure Type: Commercial, Industrial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Security, Block, Chain Link
  • Construction Type: Frame - Wood, Stucco
  • Roof: Composition
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 14.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Kitchen, Showers - Office, Security Gate
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Security Gate: Yes

Fee Information

  • Trash Expense: 336.0
  • Annual Water Sewer Expense: 720.0

Lot Info

  • Lot Size Sq Ft: 8150.0
  • Additional Parcels: No
  • Parcel #: 139-39-095
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 2400.0
  • Annual Gross Income: 13680.0
  • Insurance Expense: 406.0
  • Maintenance Expense: 750.0
  • Property Net Operating Income: 9788.0
  • Annual Operating Expense: 5077.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 465.0
  • Tax Book Number: 139.00
  • Tax Lot: 30
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
May 24, 2022
Sold by
Lebaron Holdings Llc
Bought by
Hanley Ian
Seller's Agent
LeAnn Divis
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Steven Skarphol
HomeSmart
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%
Total Days on Market
127
Current Estimated Value
$387,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,584
Avg. Annual Appreciation
-2.74%

Purchase Details

Closed on
Nov 20, 2017
Sold by
Hgroup Holdings Llc
Bought by
Lebaron Holdings Llc

Purchase Details

Closed on
Aug 18, 2017
Sold by
Valdez Mary Lou
Bought by
Hgroup Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.93%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 10, 2017
Sold by
Miranda Raul M
Bought by
Hgroup Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.93%
Mortgage Type
Construction

Purchase Details

Closed on
May 23, 2017
Sold by
Miranda Raul M
Bought by
Hgroup Holdings Llc and Hopper Anthony T

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
Hanley Ian $425,000 First American Title
Lebaron Holdings Llc $95,000 Stewart Title & Trust Of Pho
Hgroup Holdings Llc -- Stewart Title & Trust Of Pho
Hgroup Holdings Llc -- Stewart Title & Trust Of Pho
Hgroup Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hgroup Holdings Llc $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $425,000 -5.5% $422 / Sq Ft
05/09/2022 05/09/22 Price Changed $449,900 -9.8% $447 / Sq Ft
05/02/2022 05/02/22 For Sale $499,000 0.0% $496 / Sq Ft
05/02/2022 05/02/22 Price Changed $499,000 +17.4% $496 / Sq Ft
04/04/2022 04/04/22 Off Market $425,000 -- --
03/09/2022 03/09/22 Price Changed $448,900 -0.1% $446 / Sq Ft
02/23/2022 02/23/22 Price Changed $449,300 0.0% $446 / Sq Ft
02/08/2022 02/08/22 Price Changed $449,500 -4.3% $446 / Sq Ft
01/21/2022 01/21/22 Price Changed $469,500 -5.9% $466 / Sq Ft
01/10/2022 01/10/22 For Sale $499,000 -- $496 / 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 $465 $30,633 -- --
2024 $469 $4,515 -- --
2023 $469 $18,370 $3,670 $14,700
2022 $459 $7,210 $1,440 $5,770
2021 $465 $7,620 $1,520 $6,100
2020 $459 $7,150 $1,430 $5,720
2019 $429 $7,430 $1,480 $5,950
2018 $412 $6,610 $1,320 $5,290
2017 $338 $6,110 $1,220 $4,890
2016 $332 $4,800 $960 $3,840
2015 $313 $4,550 $910 $3,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6339993

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-39-095