NOT LISTED FOR SALE

5151 E Broadway Rd Unit 105 Mesa, AZ 85206

Estimated Value: $318,807

-- Bed
-- Bath
10,350 Sq Ft
$31/Sq Ft Est. Value

Last Sold September 01, 2019

Last sale price $16,051 $2 Per Sq Ft

Est. 1,886% increase in value since last sale

Current estimated payment $2,001/month

41 Days on Market

About This Home

As of September 2019

SMALL MEDICAL OFFICE AVAILABLE FOR SUBLEASE!!! Reception, small waiting room, nurses station, lab, 4 exam rooms, break room, and 1 restroom. Master lease goes until November 30, 2021. Sinks in exam rooms. If you are looking for a small suite with sinks, this is perfect!

Last Agent to Sell the Property

Susan McCall

Commercial Property Connect License #BR552939000 Listed on: 07/22/2019

Last Buyer's Agent

Susan McCall

Commercial Property Connect License #BR552939000 Listed on: 07/22/2019

Property Details

Property Type

  • Other

Year Built

  • Built in 2007

Lot Details

  • 1,100 Sq Ft Lot
  • Property is zoned NC

Home Design

  • Composition Roof
  • Stucco

Parking

  • 10 Open Parking Spaces
  • 11 Parking Spaces
  • 1 Covered Space

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Citadel Plaza Condominium Subdivision

Listing and Financial Details

  • Property Available on 7/22/19
  • Tax Lot 105
  • Assessor Parcel Number 140-35-508

Property Details

Property Type

Other

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Cross Street: Higley and Broadway
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Lease
  • Zoning: NC
  • Current Use: Medical/Dental, Office
  • Lease Info Annual C A M Sq Ft: 7.2
  • Lease Info Annual Lease Price: 16052.0
  • Lease Info Annual Lse Prc P S F: 14.5
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 28months
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1107
  • Year Built: 2007
  • Tax Year: 2018
  • Directions: From the US 60 go North on Higley 2 miles. The property is on the SWC of Higley and Broadway.
  • Lot Size Acres: 0.03
  • Subdivision Name: CITADEL PLAZA CONDOMINIUM
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco
  • Roof: Composition
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 11.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Parking Structure: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 1100.0
  • Additional Parcels: No
  • Parcel #: 140-35-508
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2019-07-22

Multi Family

  • Leasable Area: 1107.0

Tax Info

  • Tax Annual Amount: 2442.0
  • Tax Book Number: 140.00
  • Tax Lot: 105
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2018
Sold by
Gs & E Llc
Bought by
Safrin Investments Llc
Total Days on Market
41
Current Estimated Value
$318,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,750
Outstanding Balance
$47,991
Interest Rate
4.9%
Mortgage Type
Commercial
Estimated Equity
$270,816

Purchase Details

Closed on
Dec 15, 1998
Sold by
Gurtler Richard W
Bought by
Gurtler Richard W and Gurtler Doris S
Source: Public Records

Range of Values:

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Average Value
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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
Safrin Investments Llc $205,000 Security Title Agency Inc
Gurtler Richard W -- --
Gurtler Richard W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Safrin Investments Llc $53,750
Previous Owner Gs & E Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2019 09/01/19 Sold $16,051 +1099.6% $2 / Sq Ft
07/22/2019 07/22/19 For Sale $1,338 -- $0 / 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 $2,532 $24,957 -- --
2024 $2,630 $24,512 -- --
2023 $2,630 $36,057 $7,208 $28,849
2022 $2,651 $33,706 $6,738 $26,968
2021 $2,759 $33,390 $6,678 $26,712
2020 $2,723 $27,198 $5,436 $21,762
2019 $2,545 $27,054 $5,400 $21,654
2018 $2,442 $25,776 $5,148 $20,628
2017 $2,369 $24,156 $4,824 $19,332
2016 $2,325 $21,384 $4,266 $17,118
2015 $2,246 $19,240 $3,848 $15,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5955419

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-35-508