NOT LISTED FOR SALE

5324 E Main St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $454,221

-- Bed
-- Bath
2,353 Sq Ft
$193/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $450,000 $191 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,803/month

32 Days on Market

Highlights

  • 0.37 Acre Lot
  • Ceramic Tile Flooring
  • Central Air
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of February 2024

Great location, Great road visibility. Great traffic counts. Free standing commercial property zoned Restaurant with Cocktail Lounge. Currently operating as Bar / Lounge known as the Iconic Mesa Business, The G Bar G Lounge. Building is over 2300 sq/ft with huge lot over 16000 sq/ft with room for plenty of parking. The building and land are for sale with this listing. The business including a No 6 liquor license, and contents associated with the business may be available through separate bill of sale.

Last Listed By

Tony Verlander

HomeSmart License #SA541827000 Listed on: 10/27/2023

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,398

Year Built

  • Built in 1962

Lot Details

  • 0.37 Acre Lot
  • Property is zoned Commercial

Home Design

  • 2,353 Sq Ft Home
  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 30 Open Parking Spaces
  • 30 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Operating Expense $3,398

Listing and Financial Details

  • Assessor Parcel Number 141-76-013-D

Property Details

Property Type

Other

Est. Annual Taxes

$3,398

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Main St and Higley Rd
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2023
  • Directions: East on Higley Rd to G Bar G Lounge on North side of road.
  • Lot Size Acres: 0.37
  • Road Surface Type: Asphalt
  • Structure Type: Commercial
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Concrete
  • Living Area: 2353.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 30.0
  • Total Parking Spaces: 30.0
  • General Property Description:Uncvrd Parking Spcs: 30.0
  • General Property Description:Total Parking Spcs: 30.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Master Meter, SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Electric Master Meter: Yes

Lot Info

  • Lot Size Sq Ft: 16240.0
  • Parcel #: 141-76-013-D
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3398.0

Tax Info

  • Tax Annual Amount: 3398.0
  • Tax Book Number: 141.00
  • Tax Lot: 0
  • Tax Map Number: 76.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Feb 14, 2024
Sold by
Cal Kd Enterprises Llc
Bought by
Ghl Motor Madness Llc
Seller's Agent
Tony Verlander
HomeSmart
Buyer's Agent
George Bliss
ProSmart Realty
List Price
$499,888
Sold Price
$450,000
Premium/Discount to List
-$49,888
-9.98%
Total Days on Market
32
Views
48
Current Estimated Value
$454,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,221
Avg. Annual Appreciation
-0.21%
Original Mortgage
$337,500
Outstanding Balance
$334,444
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$114,366

Purchase Details

Listed on
Oct 27, 2023
Closed on
Feb 2, 2024
Sold by
Cal Kd Enterprises Llc
Bought by
Ghl Motor Madness Llc
Seller's Agent
Tony Verlander
HomeSmart
Buyer's Agent
George Bliss
ProSmart Realty
List Price
$499,888
Sold Price
$450,000
Premium/Discount to List
-$49,888
-9.98%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$334,444
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$114,366

Purchase Details

Listed on
Oct 27, 2023
Closed on
Jan 12, 2024
Sold by
Martinson Gary
Bought by
Cal Kd Enterprises Llc
Seller's Agent
Tony Verlander
HomeSmart
Buyer's Agent
George Bliss
ProSmart Realty
List Price
$499,888
Sold Price
$450,000
Premium/Discount to List
-$49,888
-9.98%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$334,444
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$114,366

Purchase Details

Closed on
May 7, 2004
Sold by
Martinson Gary
Bought by
Cal Ka Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.38%
Mortgage Type
Seller Take Back

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
Ghl Motor Madness Llc $450,000 Stewart Title & Trust Of Phoen
Cal Ka Enterprises Llc $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghl Motor Madness Llc $337,500
Closed Ghl Motor Madness Llc $337,500
Previous Owner Cal Ka Enterprises Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $450,000 -10.0% $191 / Sq Ft
02/01/2024 02/01/24 Price Changed $499,888 0.0% $212 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $499,888 -- $212 / 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 $3,272 $32,291 -- --
2024 $3,398 $31,715 -- --
2023 $3,398 $39,083 $17,612 $21,471
2022 $3,425 $40,636 $20,878 $19,758
2021 $3,567 $41,274 $21,474 $19,800
2020 $3,521 $40,104 $20,520 $19,584
2019 $3,290 $37,746 $19,170 $18,576
2018 $3,158 $34,200 $15,984 $18,216
2017 $3,064 $33,696 $14,796 $18,900
2016 $3,007 $30,096 $13,212 $16,884
2015 $2,905 $23,995 $10,971 $13,024
Source: Public Records

Agents Affiliated with this Home

  • Tony Verlander

    Seller's Agent in 2024

    Tony Verlander

    HomeSmart

    (480) 495-4625

    4 in this area

    25 Total Sales

    Tony Verlander
    Section Image
  • George Bliss

    Buyer's Agent in 2024

    George Bliss

    ProSmart Realty

    (480) 807-8237

    3 in this area

    11 Total Sales

    George Bliss
    Section Image

  • G

    Buyer's Agent in 2024

    George F Bliss III

    Bliss Realty & Investments

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6623261

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-76-013D

Arizona Maricopa County Mesa 85205 Central Mesa East

5324 E Main St, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 5324 E Main St, Mesa, AZ 85205 since 27 October 2023 and is currently estimated at $454,221, approximately $193 per square foot. This property was built in 1962. 5324 E Main St is a home located in Maricopa County with nearby schools including O'Connor Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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