NOT LISTED FOR SALE

5900 E Main St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $3,741,143

16 Acres
$239,817 Price per Acre
679,536 Sq Ft Lot

Last Sold May 17, 2021

Last sale price $4,250,000

Est. 12% decrease in value since last sale

Current estimated payment $21,836/month

25 Days on Market

About This Lot

As of May 2021

This sale includes 4 parcels
APN's: 141-49-007A 5900 E Main St
141-49-008A 5900 E Main St
141-49-006A 5802 E Main St
141-49-006B 5812 E Main St

Currently the parcel have an historic hotel on the lot.

Last Agent to Sell the Property

Vince Zerilli

West USA Realty License #SA517570000 Listed on: 02/07/2021

Last Buyer's Agent

David Johnson

Dave Johnson Realty License #BR626902000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48,966

Year Built

  • 1931

Lot Details

  • 15.6 Acre Lot
  • Additional Parcels
  • Property is zoned MH, RG, RM4, RC

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot _
  • Assessor Parcel Number 141-49-007-A

Property Details

Property Type

Land

Est. Annual Taxes

$48,966

Year Built

1931

Lot Details

0

Listing Details

  • Cross Street: Recker & Main St
  • Legal Info Range: 6E
  • Property Type: Land
  • Zoning: MH, RG, RM4, RC
  • Tax Year: 2020
  • Directions: NW Corner of Recker and Main St.
  • Lot Size Acres: 15.6
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1931

Interior Features

  • Possible Use: Retail, Single Family, Multi-Family, Commercial, Office, Hotel/Motel

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 1285x892
  • Lot Size Sq Ft: 680362.0
  • Additional Parcels: Yes
  • Parcel #: 141-49-007-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 48966.0
  • Tax Book Number: 141.00
  • Tax Lot: _
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2021
Closed on
May 12, 2021
Sold by
Verma Satya and Verma Avtar
Bought by
Verma Avtar
Seller's Agent
Vince Zerilli
West USA Realty
Buyer's Agent
David Johnson
Dave Johnson Realty
List Price
$3,200,000
Sold Price
$4,250,000
Premium/Discount to List
$1,050,000
32.81%
Total Days on Market
25
Current Estimated Value
$3,741,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$508,857
Avg. Annual Appreciation
-3.00%

Purchase Details

Closed on
Aug 21, 2017
Sold by
Sliger Buckhorn Lp
Bought by
The Avenue Shoppes L L C
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
Verma Avtar -- Pioneer Title Agency Inc
The Avenue Shoppes L L C $2,150,000 Old Republic Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $4,250,000 +32.8% --
03/02/2021 03/02/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $3,200,000 -- --
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 $11,228 $114,275 -- --
2024 $11,318 $108,833 -- --
2023 $11,318 $130,035 $110,010 $20,025
2022 $11,083 $104,445 $86,505 $17,940
2021 $11,221 $104,100 $86,505 $17,595
2020 $11,075 $103,305 $85,830 $17,475
2019 $10,349 $94,800 $78,135 $16,665
2018 $9,933 $100,635 $84,300 $16,335
2017 $9,638 $91,785 $78,060 $13,725
2016 $9,459 $80,550 $69,690 $10,860
2015 $9,484 $74,832 $65,184 $9,648
Source: Public Records

Agents Affiliated with this Home

  • Vince Zerilli

    Seller's Agent in 2021

    Vince Zerilli

    West USA Realty

    (602) 363-6207

    2 in this area

    94 Total Sales

    Vince Zerilli
    Section Image

  • D

    Buyer's Agent in 2021

    David Johnson

    Dave Johnson Realty

    (520) 906-8111

    5 in this area

    56 Total Sales

    David Johnson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6191174

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-49-007A

Arizona Maricopa County Mesa 85205 Central Mesa East

5900 E Main St, Mesa, AZ

This home is located at 5900 E Main St, Mesa, AZ 85205 since 07 February 2021 and is currently estimated at $3,741,143. This property was built in 1931. 5900 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

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