NOT LISTED FOR SALE

455 N Mesa Dr Mesa, AZ 85201

Mesa Patios Neighborhood

Estimated Value: $2,125,865

-- Bed
-- Bath
16,463 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $800,000 $49 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $12,737/month

378 Days on Market

About This Home

As of March 2019

• Multi-Tenant Medical Office
• Four (4) Buildings
• Price Reduced: $895,000.00 (+/-$55.00 PSF)
• +/- 16,463 SF
• Mesa Drive just North of University Drive
• Frontage on Mesa Drive
• Easy Access to Loop 202 and US 60
• Near Banner Desert, Mesa Riverview
• APN: 137-11-110F
• Zoning: RM-4 City of Mesa

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 02/08/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $17,911

Year Built

  • Built in 1968

Lot Details

  • 1.22 Acre Lot
  • Property is zoned RM-4

Home Design

  • 16,463 Sq Ft Home

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 137-11-110-F

Community Details

Overview

  • 4 Buildings
  • Leisure Manor Subdivision

Building Details

  • Operating Expense $17,911

Property Details

Property Type

Other

Est. Annual Taxes

$17,911

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: N Mesa Dr & E University Dr
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: RM-4
  • Number Of Buildings: 4
  • Ownership: Other (See Remarks)
  • Year Built: 1968
  • Tax Year: 2017
  • Lot Size Acres: 1.22
  • Subdivision Name: LEISURE MANOR
  • Structure Type: Office
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 16463.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 53057.0
  • Parcel #: 137-11-110-F
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 17911.0

Tax Info

  • Tax Annual Amount: 17911.0
  • Tax Book Number: 137.00
  • Tax Lot: C
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Harmony Plaza I Llc
Bought by
Fox Andrew
Current Estimated Value
$2,125,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,500
Outstanding Balance
$1,342,316
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$780,833

Purchase Details

Closed on
Aug 1, 2021
Sold by
Fox Marina
Bought by
Fox Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,500
Outstanding Balance
$1,342,316
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$780,833

Purchase Details

Closed on
Nov 5, 2019
Sold by
Real Estate Knowledge Institute Llc
Bought by
Harmony Plaza I Llc

Purchase Details

Listed on
Feb 8, 2018
Closed on
Mar 19, 2019
Sold by
Sierra Equities Inc
Bought by
Real Estate Knowledge Institute Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,399,355
Sold Price
$800,000
Premium/Discount to List
-$599,355
-42.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.12%
Original Mortgage
$600,000
Interest Rate
4.4%
Mortgage Type
Stand Alone First
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
Fox Andrew $1,950,000 Thomas Title & Escrow
Fox Andrew -- Thomas Title And Escrow Agcy
Harmony Plaza I Llc -- Accommodation
Real Estate Knowledge Institute Llc $800,000 Commonwealth Land Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Andrew $1,462,500
Previous Owner Real Estate Knowledge Institute Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $800,000 -10.6% $49 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
01/23/2019 01/23/19 Price Changed $895,000 -22.3% $54 / Sq Ft
01/07/2019 01/07/19 Price Changed $1,152,410 -17.6% $70 / Sq Ft
02/08/2018 02/08/18 For Sale $1,399,355 -- $85 / 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 $18,119 $178,994 -- --
2024 $18,820 $175,797 -- --
2023 $18,820 $282,030 $74,239 $207,791
2022 $18,973 $246,225 $65,275 $180,950
2021 $19,754 $224,370 $67,140 $157,230
2020 $19,496 $167,562 $46,026 $121,536
2019 $18,215 $150,264 $45,792 $104,472
2018 $18,461 $195,930 $48,546 $147,384
2017 $17,911 $166,500 $21,612 $144,888
2016 $17,578 $166,500 $21,612 $144,888
2015 $16,980 $136,401 $22,459 $113,942
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5720692

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-11-110F

Arizona Maricopa County Mesa 85201 Mesa Patios

455 N Mesa Dr, Mesa, AZ

This home is located at 455 N Mesa Dr, Mesa, AZ 85201 since 08 February 2018 and is currently estimated at $2,125,865, approximately $129 per square foot. This property was built in 1968. 455 N Mesa Dr is a home located in Maricopa County with nearby schools including Eisenhower Center for Innovation, 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

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