NOT LISTED FOR SALE

4911 E Falcon Dr Mesa, AZ 85215

Studio
-- Bath
6,300 Sq Ft
0.6 Acres Lot

Sale Details

Date Sold: April 28, 2023

Last sale price $1,350,000 $214 Per Sq Ft

230 Days on Market

Highlights

  • Cooling Available
  • Bush Elementary School Rated A-
  • Heating Available

About This Home

As of April 2023

Airplane Hangar located within Falcon Field Airport (City of Mesa). Situated on a 0.61 AC lot and subject to a ground lease, the improvements consist of a ±6,300 SF block building that serves office, storage, and hangar uses. The upgrades also consist of a ±4,907 SF steel canopy equipped with water and power. The improvements were custom built for an aircraft painting facility (±3,000 SF painting booth and equipment also
available for sale) in 2009. The ground lease (City of Mesa) currently expires on December 31st, 2048, and has a base rent of $703.57 per month (plus taxes).

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 02/01/2023

Co-Listed By

Jake Vice

R.O.I. Properties License #SA697209000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 2009

Lot Details

  • 26,136 Sq Ft Lot
  • Property is zoned L1

Home Design

  • 6,300 Sq Ft Home

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 141-36-001-E

Property Details

Property Type

Other

Year Built

Built in 2009

Lot Details

0.6 Acres

Listing Details

  • Cross Street: Higley Rd and McKellips Rd
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: L1
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 2009
  • Tax Year: 2021
  • Lot Size Acres: 0.6
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Structure Type: Other (See Remarks), Industrial
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 6300.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks), Vicinity of an Airport
  • Construction Type: Other
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

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

Lot Info

  • Lot Size Sq Ft: 26136.0
  • Parcel #: 141-36-001-E

Tax Info

  • Tax Book Number: 141.00
  • Tax Lot: -
  • Tax Map Number: 36.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Outstanding Balance
$844,806
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Outstanding Balance
$844,806
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 3, 2015
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$995,000 Chicago Title Agency
$995,000 Chicago Title Agency
$2,100,000 Clear Title Agency Of Az
$1,000,000 First American Title Ins Co
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $870,000
Closed $870,000
Previous Owner $1,680,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $1,350,000 -6.9% $214 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $1,450,000 +7.4% $230 / Sq Ft
02/01/2023 02/01/23 Off Market $1,350,000 -- --
08/11/2022 08/11/22 For Sale $1,450,000 -- $230 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $14,047,131 -- --
2024 -- $13,378,220 -- --
2023 $0 $27,108,855 $14,228,700 $12,880,155
2022 $0 $12,651,825 $3,919,290 $8,732,535
2021 $0 $12,425,955 $3,919,290 $8,506,665
2020 $0 $12,183,675 $3,689,865 $8,493,810
2019 $0 $11,680,545 $3,396,615 $8,283,930
2018 $0 $12,526,125 $4,516,890 $8,009,235
2017 $0 $12,033,990 $4,182,300 $7,851,690
2016 $0 $11,709,480 $3,734,190 $7,975,290
2015 -- $13,334,656 $5,136,384 $8,198,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6449235

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-36-001E

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