NOT LISTED FOR SALE

457 E 4th Place Unit REAR Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $624,699

-- Bed
-- Bath
9,807 Sq Ft
$64/Sq Ft Est. Value

Last Sold January 17, 2017

Last sale price $350,000 $36 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,910/month

194 Days on Market

About This Home

As of January 2017

Multi-Tenant Medical Office Building
For Sale: $515,000 (Motivated Seller)
11,096 SF + Built Out Basement
30% Occupied, Income in Place
Great Owner/User Opportunity
Adjacent to Mesa General Hospital
Monument Signage and Building Signage Available

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 06/06/2016

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1974

Lot Details

  • 0.56 Acre Lot
  • Property is zoned RM-4

Home Design

  • 9,807 Sq Ft Home

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Community Details

  • Leisure Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 137-11-110-E

Property Details

Property Type

Other

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Year Built: 1974
  • Tax Year: 2015
  • Lot Size Acres: 0.56
  • Subdivision Name: LEISURE MANOR
  • Structure Type: Office, Other (See Remarks)
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 24372.0
  • Additional Parcels: No
  • Parcel #: 137-11-110-E
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9570.0
  • Tax Book Number: 137.00
  • Tax Lot: 0
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jan 11, 2017
Sold by
Skousen Mikel Willard and Skousen Steven Carl
Bought by
457 E 4Th Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$515,000
Sold Price
$350,000
Premium/Discount to List
-$165,000
-32.04%
Current Estimated Value
$624,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,699
Avg. Annual Appreciation
6.77%
Original Mortgage
$315,000
Outstanding Balance
$258,016
Interest Rate
4.08%
Mortgage Type
Seller Take Back
Estimated Equity
$366,683

Purchase Details

Closed on
Jun 9, 2008
Sold by
Skousen Roy Niels
Bought by
Skousen Mikel Willard and Skousen Steven Carl

Purchase Details

Closed on
Aug 15, 1981
Sold by
Skousen Willard Ivan and Skousen Marta Ruth Nielson
Bought by
Skousen Mikel Willard and Skousen Steven Carl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
457 E 4Th Llc $350,000 First Arizona Title Agency
Skousen Mikel Willard -- None Available
Skousen Mikel Willard $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 457 E 4Th Llc $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2017 01/17/17 Sold $350,000 -32.0% $36 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $515,000 -- $53 / 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 $7,404 $75,045 -- --
2024 $7,891 $73,705 -- --
2023 $7,891 $154,989 $38,743 $116,246
2022 $7,955 $141,506 $31,658 $109,848
2021 $8,282 $142,254 $32,562 $109,692
2020 $8,174 $121,518 $22,374 $99,144
2019 $7,637 $63,000 $12,211 $50,789
2018 $7,696 $101,502 $19,674 $81,828
2017 $10,095 $102,780 $18,216 $84,564
2016 $9,908 $87,282 $16,254 $71,028
2015 $9,571 $77,756 $13,764 $63,992
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2017

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5453404

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-11-110E

Arizona Maricopa County Mesa 85203 Mesa Patios

457 E 4th Place Unit REAR, Mesa, AZ

Not Listed for Sale

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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