T
Seller's Agent in 2021
Tanner Milne
The Menlo Group Commercial Real Estate
600 E University Dr Mesa, AZ 85203
Mesa Patios Neighborhood
Studio
--
Bath
4,256
Sq Ft
8,018
Sq Ft Lot
Highlights
- Cooling Available
- Franklin at Brimhall Elementary School Rated A
- Heating Available
About This Home
As of January 2021• Freestanding Building
• Built Out Dental Office
• Investment Sale
• Approximately +/- 4,256 SF
• Sales Price: $840,000 or $197.37PSF
• Cap Rate: 7.5%
• Lease Term through March 2024
• Two, three year renewal options
• Part of larger portfolio with 8256 E State Route 69, Prescott Valley, AZ & 407 N 4th St, Buckeye, AZ
Last Agent to Sell the Property
Tanner Milne
The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 09/25/2020
Property Details
Property Type
- Other
Est. Annual Taxes
- $5,136
Year Built
- Built in 1970
Lot Details
- 8,018 Sq Ft Lot
- Property is zoned R-4
Home Design
- 4,256 Sq Ft Home
- Composition Roof
Parking
- 20 Open Parking Spaces
- 20 Parking Spaces
- Paved Parking
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 137-13-053
Community Details
Overview
- Farnsworth Place Subdivision
Building Details
- Operating Expense $5,136
- Net Operating Income $63,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2020
Closed on
Jan 14, 2021
Sold by
Sun West Dental Properties Llc
Bought by
Dean & Frankie Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Jon Cooper
Cooper Premier Properties LLC
List Price
$790,000
Sold Price
$815,000
Premium/Discount to List
$25,000
3.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,500
Outstanding Balance
$318,696
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Aug 1, 2006
Sold by
Dalton Scott L and Coleman Jerry L
Bought by
Sun West Dental Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,800
Interest Rate
6.11%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 5, 2002
Sold by
F H & S Leasing
Bought by
Dalton Scott L and Coleman Jerry L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.16%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dean & Frankie Llc | $815,000 | Commonwealth Title | |
| Sun West Dental Properties Llc | -- | The Talon Group | |
| Dalton Scott L | $275,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dean & Frankie Llc | $570,500 | |
| Previous Owner | Sun West Dental Properties Llc | $516,800 | |
| Previous Owner | Dalton Scott L | $236,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/15/2021 01/15/21 | Sold | $815,000 | -3.0% | $191 / Sq Ft |
| 12/18/2020 12/18/20 | Pending | -- | -- | -- |
| 12/01/2020 12/01/20 | Price Changed | $840,000 | +6.3% | $197 / Sq Ft |
| 09/25/2020 09/25/20 | For Sale | $790,000 | -- | $186 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $4,652 | $47,151 | -- | -- |
| 2024 | $4,958 | $46,309 | -- | -- |
| 2023 | $4,958 | $67,864 | $16,065 | $51,799 |
| 2022 | $4,998 | $62,283 | $13,178 | $49,105 |
| 2021 | $5,204 | $64,404 | $13,554 | $50,850 |
| 2020 | $5,136 | $55,512 | $9,324 | $46,188 |
| 2019 | $4,798 | $50,472 | $9,396 | $41,076 |
| 2018 | $4,605 | $55,872 | $10,152 | $45,720 |
| 2017 | $4,468 | $46,602 | $9,396 | $37,206 |
| 2016 | $4,385 | $42,930 | $8,388 | $34,542 |
| 2015 | $4,236 | $33,763 | $6,808 | $26,955 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jon Cooper
Buyer's Agent in 2021
Jon Cooper
Cooper Premier Properties LLC
(602) 410-9585
26 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6137484
APN: 137-13-053
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.
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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