NOT LISTED FOR SALE

6065 E University Dr Unit C Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $519,489

-- Bed
-- Bath
1,000 Sq Ft
$519/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $975 $1 Per Sq Ft

Est. 53,181% increase in value since last sale

Current estimated payment $3,145/month

257 Days on Market

About This Home

As of November 2023

Street frontage office available for rent! Owners willing to remodel, please inquire for terms.

Last Listed By

Alex Thomas

EPL Realty Group, LLC License #SA658146000 Listed on: 02/18/2023

Property Details

Property Type

  • Other

Year Built

  • 1973

Lot Details

  • 0.37

Home Design

  • 1,000 Sq Ft Home
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • Public Parking
  • 1 Covered Space
  • Free Parking
  • Paved Parking

Additional Features

  • Property is zoned C2
  • Heat Pump System

Listing and Financial Details

  • Property Available on 2/17/23
  • The owner pays for (see remarks)
  • Assessor Parcel Number 141-61-007-D

Property Details

Property Type

Other

Year Built

1973

Lot Details

0

Listing Details

  • Cross Street: Recker & University
  • Property Type: Comm/Industry Lease
  • Zoning: C2
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 11400.0
  • Lease Info Annual Lse Prc P S F: 11700.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 2
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1000
  • Tax Year: 2023
  • Directions: 202 Red Mountain West on University SE Corner Recker and University
  • Co List Office Mls Id: eplr01
  • Co List Office Phone: 480-831-1731
  • Structure Type: Other (See Remarks), Commercial, Office
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: Other
  • Year Built (Public Record): 1973

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1000.0

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 141-61-007-D

Rental Info

  • Available Date: 2023-02-17

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks
  • Existing Lease Type: Other (See Remarks)
  • Leasable Area: 1000.0

Tax Info

  • Tax Annual Amount: 500.0
  • Tax Book Number: 141.00
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2019
Sold by
6067 E University Llc
Bought by
University 6065 Llc
Total Days on Market
257
Current Estimated Value
$519,489

Purchase Details

Closed on
Feb 24, 2015
Sold by
Farnsworth Joe A
Bought by
6067 E University Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2012
Sold by
Farnsworth Office Limited Partnership Ll
Bought by
Farnsworth Joe A and Farnsworth Sharanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 2003
Sold by
Raf Investments Llc
Bought by
Farnsworth Office Lp Llp

Purchase Details

Closed on
Mar 11, 2002
Sold by
Acf Real Estate Holdings 1 Llc
Bought by
Raf Investments Llc

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
University 6065 Llc $355,000 Lawyers Title Of Arizona Inc
6067 E University Llc $148,000 Lawyers Title Of Arizona Inc
Farnsworth Joe A $120,000 None Available
Farnsworth Office Lp Llp $150,000 --
Raf Investments Llc $150,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 6067 E University Llc $227,000
Previous Owner Farnsworth Joe A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $975 0.0% $1 / Sq Ft
09/29/2023 09/29/23 Off Market $975 -- --
02/17/2023 02/17/23 For Sale $975 -- $1 / 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 $2,845 $30,622 -- --
2024 $2,969 $30,075 -- --
2023 $2,969 $35,921 $15,912 $20,009
2022 $2,983 $35,543 $17,133 $18,410
2021 $3,062 $36,144 $17,622 $18,522
2020 $3,037 $35,298 $16,992 $18,306
2019 $2,815 $33,246 $15,768 $17,478
2018 $2,745 $31,284 $14,040 $17,244
2017 $2,650 $30,834 $12,996 $17,838
2016 $2,595 $28,080 $11,610 $16,470
2015 $2,491 $22,644 $9,842 $12,802
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6522103

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-61-007D