NOT LISTED FOR SALE

545 E University Dr Mesa, AZ 85203

Temple Neighborhood

Estimated Value: $348,000 - $386,982

Studio
2 Baths
1,415 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 08, 2018

Last sale price $165,000 $117 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,214/month

9 Days on Market

Highlights

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

About This Home

As of February 2018

This home is located at 545 E University Dr, Mesa, AZ 85203 since 18 December 2017 and is currently estimated at $368,661, approximately $260 per square foot. This property was built in 1965. 545 E University Dr is a home located in Maricopa County with nearby schools including Edison Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Last Agent to Sell the Property

German Pardo

Better Homes & Gardens Real Estate SJ Fowler License #SA556523000 Listed on: 12/18/2017

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

German Pardo

Better Homes & Gardens Real Estate SJ Fowler License #SA556523000 Listed on: 12/18/2017

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 1965

Lot Details

  • 7,788 Sq Ft Lot
  • Property is zoned R-4

Home Design

  • 1,415 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 138-25-099

Property Details

Property Type

Other

Est. Annual Taxes

$1,852

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: Mesa Drive & UNIVERSITY
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: R-4
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1965
  • Tax Year: 2017
  • Lot Size Acres: 0.18
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Composition
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 7788.0
  • Additional Parcels: No
  • Parcel #: 138-25-099
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1852.0
  • Tax Book Number: 138.00
  • Tax Lot: 0
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2017
Closed on
Jan 24, 2018
Sold by
545 E University Llc
Bought by
John Herrerra Investments Llc
Seller's Agent
German Pardo
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
German Pardo
Better Homes & Gardens Real Estate SJ Fowler
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Current Estimated Value
$392,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,659
Avg. Annual Appreciation
10.67%

Purchase Details

Closed on
Jun 3, 2010
Sold by
Londono Communications Inc
Bought by
545 E University Llc

Purchase Details

Closed on
Jan 13, 2010
Sold by
Lee Jacob S
Bought by
Londono Communications Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
4.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 21, 2009
Sold by
545 Univers Llc
Bought by
Lee Jacob S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
4.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 18, 2008
Sold by
Park Jerry Doo Chun
Bought by
545 Univers Llc

Purchase Details

Closed on
Aug 13, 2008
Sold by
Vuong Be and Vuong Rhoda
Bought by
Park Jerry Doo Chun

Purchase Details

Closed on
May 16, 2006
Sold by
Revocab Clarence A and Revocab Velma S Freestone
Bought by
Vuong Be and Vuong Rhoda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.41%
Mortgage Type
Commercial
Source: Public Records
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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
John Herrerra Investments Llc $155,000 Old Republic Title Agency
545 E University Llc -- None Available
Londono Communications Inc $85,000 Lawyers Title Of Arizona Inc
Lee Jacob S $80,000 Lawyers Title Of Arizona Inc
545 Univers Llc -- Lawyers Title Of Arizona Inc
545 Univers Llc -- None Available
Park Jerry Doo Chun $102,372 None Available
Vuong Be $215,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Jacob S $76,000
Previous Owner Vuong Be $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2018 02/08/18 Sold $165,000 -2.9% $117 / Sq Ft
02/01/2018 02/01/18 Price Changed $170,000 0.0% $120 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $170,000 -- $120 / 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 $1,928 $19,539 -- --
2024 $2,054 $19,190 -- --
2023 $2,054 $37,757 $17,578 $20,179
2022 $2,071 $34,948 $15,418 $19,530
2021 $2,156 $30,654 $15,858 $14,796
2020 $2,128 $26,010 $11,502 $14,508
2019 $1,988 $21,474 $11,610 $9,864
2018 $1,908 $25,974 $9,360 $16,614
2017 $1,852 $18,378 $9,414 $8,964
2016 $1,817 $16,956 $8,406 $8,550
2015 $1,755 $14,060 $6,623 $7,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5699882

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-25-099