NOT LISTED FOR SALE

503 N Alma School Rd Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $571,381

-- Bed
2 Baths
1,528 Sq Ft
$374/Sq Ft Est. Value

Last Sold October 11, 2021

Last sale price $329,800 $216 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,247/month

60 Days on Market

Highlights

  • 0.27 Acre Lot
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2021

Well established retail building operating as unisex salon suites catering to the local community for many years. Opportunity to increase low rents for additional income or renovate for your own use. Ideal for hairstylist to operate and lease out chairs. Deep lot with generous parking to the rear, curb cut directly on Alma School Road with 85 feet of frontage, steps from University Drive. Easy acces to Loop 101 and Loop 202. 25,000 vehicles pass by every day and high density population.

Last Agent to Sell the Property

Hani Aldulaimi

Keller Williams Realty East Valley License #BR533683000 Listed on: 04/15/2021

Keller Williams Realty East Valley

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1952

Lot Details

  • 0.27 Acre Lot
  • Property is zoned OC

Home Design

  • 1,528 Sq Ft Home
  • Composition Roof
  • Block Exterior

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Building Dimensions are 85' x 135'
  • Operating Expense $3,392

Listing and Financial Details

  • Assessor Parcel Number 135-30-067-B

Property Details

Property Type

Other

Est. Annual Taxes

$3,392

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: Alma School Rd & University Dr
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: OC
  • Current Use: Retail
  • Number Of Buildings: 1
  • Year Built: 1952
  • Tax Year: 2020
  • Lot Size Acres: 0.27
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Other
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size: 85' x 135'
  • Lot Size Sq Ft: 11543.0
  • Additional Parcels: No
  • Parcel #: 135-30-067-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3392.0

Tax Info

  • Tax Annual Amount: 3392.0
  • Tax Book Number: 135.00
  • Tax Lot: -
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2025
Sold by
Soul Sanctuary Eleven Llc
Bought by
Soul Spark Nine Llc
Current Estimated Value
$571,381

Purchase Details

Closed on
Nov 2, 2024
Sold by
Pandoras Purse Llc
Bought by
Soul Sanctuary Eleven Llc

Purchase Details

Listed on
Apr 15, 2021
Closed on
Oct 26, 2021
Sold by
Hyland David W and Hyland Sarah
Bought by
Pandoras Purse Llc
Seller's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$350,000
Sold Price
$329,800
Premium/Discount to List
-$20,200
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.57%
Original Mortgage
$302,600
Interest Rate
2.8%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Dec 10, 2013
Sold by
Hyland Deborah Jill Smity
Bought by
Hyland Deborah Jill Smith and Hyland David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 1997
Sold by
Hyland Deborah Jill Smith and Hyland Lee Roy
Bought by
Hyland Deborah Jill Smith
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
Soul Spark Nine Llc -- Accommodation/Courtesy Recordi
Soul Sanctuary Eleven Llc $575,000 Commonwealth Title
Soul Sanctuary Eleven Llc $575,000 Commonwealth Title
Pandoras Purse Llc $329,800 Chicago Title Agency Inc
Hyland Deborah Jill Smith -- Pioneer Title Agency Inc
Hyland Deborah Jill Smith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pandoras Purse Llc $302,600
Previous Owner Hyland Deborah Jill Smith $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2021 10/11/21 Sold $329,800 -5.8% $216 / Sq Ft
07/20/2021 07/20/21 For Sale $350,000 0.0% $229 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $350,000 -- $229 / 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 $3,073 $31,144 -- --
2024 $3,275 $30,588 -- --
2023 $3,275 $47,209 $31,484 $15,725
2022 $3,301 $41,301 $26,898 $14,403
2021 $3,437 $42,120 $27,666 $14,454
2020 $3,392 $40,986 $26,676 $14,310
2019 $3,169 $37,836 $24,264 $13,572
2018 $3,042 $32,220 $18,720 $13,500
2017 $2,951 $29,970 $17,334 $12,636
2016 $2,897 $27,018 $15,066 $11,952
2015 $2,798 $22,108 $12,062 $10,046
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Hani Aldulaimi

    Keller Williams Realty East Valley

    (480) 839-6600

    1 in this area

    31 Total Sales

    Hani Aldulaimi
    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6221891

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-30-067B

Arizona Maricopa County Mesa 85201 Riverview

503 N Alma School Rd, Mesa, AZ

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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