NOT LISTED FOR SALE

Estimated Value: $1,456,696

-- Bed
-- Bath
5,453 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $5,680 $1 Per Sq Ft

Est. 25,546% increase in value since last sale

Current estimated payment $8,361/month

73 Days on Market

About This Home

As of July 2019

Move-in-Ready Child Care Facility
• Approximately 5,453 SF on a Large 33,001 SF Lot
• For Sale: $740,000
• For Lease: $13.50 PSF NNN
• Large Gated Play Area in the Back
• Great East Valley Location
• Frontage on Major Road
• Plenty of Parking
• Building and Monument Signage Available
• Located Near Business and Retail Amenities
• Convenient Access to Both Loop 202 and 60 Freeway

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 02/27/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1988

Lot Details

  • 0.76 Acre Lot
  • Property is zoned C-O

Home Design

  • 5,453 Sq Ft Home

Parking

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

Community Details

  • Mesa Professional Plaza Lot 1 4 Tr A Subdivision

Listing and Financial Details

  • Property Available on 2/26/19
  • The owner pays for (see remarks)
  • Tax Lot 1
  • Assessor Parcel Number 140-01-687

Property Details

Property Type

Other

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Cross Street: E Brown Rd & N Rochester
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Lease
  • Zoning: C-O
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 73616.0
  • Lease Info Annual Lse Prc P S F: 13.5
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 0
  • Lease Info Space Divisible: No
  • Year Built: 1988
  • Tax Year: 2017
  • Lot Size Acres: 0.76
  • Subdivision Name: MESA PROFESSIONAL PLAZA LOT 1-4 TR A
  • Structure Type: Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 5453.0

Exterior Features

  • 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: 33001.0
  • Additional Parcels: No
  • Parcel #: 140-01-687
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2019-02-26

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks
  • Existing Lease Type: NNN
  • Leasable Area: 5453.0

Tax Info

  • Tax Annual Amount: 7697.0
  • Tax Book Number: 140.00
  • Tax Lot: 1
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2013
Sold by
Shaffer Properties Llc
Bought by
Dan & Kathy Kalmbach Llc
Current Estimated Value
$1,456,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$214,881
Interest Rate
3.57%
Mortgage Type
Seller Take Back
Estimated Equity
$1,257,662

Purchase Details

Closed on
Dec 31, 1994
Sold by
Der Enterprises Ltd Partnership
Bought by
Shaffer Properties Llc
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
Dan & Kathy Kalmbach Llc $625,000 Great American Title Agency
Shaffer Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dan & Kathy Kalmbach Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $5,680 -7.4% $1 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $6,135 -- $1 / 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 $9,016 $91,383 -- --
2024 $9,043 $87,032 -- --
2023 $9,043 $83,470 $30,670 $52,800
2022 $8,856 $91,980 $42,810 $49,170
2021 $8,964 $93,000 $42,810 $50,190
2020 $8,848 $94,380 $43,380 $51,000
2019 $8,266 $88,610 $38,490 $50,120
2018 $7,934 $86,550 $35,520 $51,030
2017 $7,697 $80,610 $33,350 $47,260
2016 $7,554 $74,220 $29,780 $44,440
2015 $7,100 $58,290 $24,850 $33,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5888396

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-01-687