NOT LISTED FOR SALE

62 S Center St Unit 1 Mesa, AZ 85210

Downtown Mesa Neighborhood

Estimated Value: $1,980,578

-- Bed
-- Bath
6,536 Sq Ft
$303/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $3,250 $0 Per Sq Ft

Est. 60,841% increase in value since last sale

Current estimated payment $11,734/month

155 Days on Market

Highlights

  • 0.61 Acre Lot
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of December 2016

The space restaurateurs have been waiting for in Historic Downtown Mesa! A highly visible 6,000 SF+ building ready for hip restaurants to grace its perimeters. Within walking distance to a brand new light rail station, across the street from the Mesa Arts Center, adjacent to Heritage Academy,and one block away from the Nile Theater. Plenty of parking. Densely populated area, located within the new destination area for Mesa residents. ASU coming to Downtown Mesa.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 06/27/2016

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1952

Lot Details

  • 0.61

Home Design

  • Tilt Up Walls
  • Built-Up Roof
  • Block Exterior

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces

Additional Features

  • Concrete Flooring
  • 0.61 Acre Lot

Community Details

  • Mesa Subdivision

Listing and Financial Details

  • Property Available on 6/27/16
  • Tax Lot 1
  • Assessor Parcel Number 138-41-004

Property Details

Property Type

Other

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: Center and 1st Ave
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: C
  • Current Use: Mixed Use
  • Lease Info Annual Lease Price: 47850.0
  • Lease Info Annual Lse Prc P S F: 15.95
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-5
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 3000
  • Year Built: 1952
  • Tax Year: 2015
  • Directions: NW Corner of 1st Ave and Center St
  • Lot Size Acres: 0.61
  • Subdivision Name: MESA
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Disclosures: None
  • Construction Type: Tilt-Up, Block
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 25.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: City Electric
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Lot Size Sq Ft: 26611.0
  • Additional Parcels: No
  • Parcel #: 138-41-004
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2016-06-27

Multi Family

  • Leasable Area: 3000.0

Tax Info

  • Tax Annual Amount: 7819.0
  • Tax Book Number: 138.00
  • Tax Lot: 1
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Oneill Properties Lp
Bought by
62 South Llc
Current Estimated Value
$1,980,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$984,754
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$1,015,595

Purchase Details

Closed on
Feb 12, 2016
Sold by
Leo G Sacarny Llc
Bought by
Neill Edmund Victor O

Purchase Details

Closed on
Jun 10, 1996
Sold by
Sacarny Leo G
Bought by
Leo G Sacarny Llc
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
62 South Llc $1,900,000 Thomas Title & Escrow
Neill Edmund Victor O $545,000 Lawyers Title Of Arizona Inc
Leo G Sacarny Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 62 South Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $3,250 -18.5% $0 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $3,988 -- $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 $9,555 $74,564 -- --
2024 $9,847 $73,233 -- --
2023 $9,847 $113,084 $53,737 $59,347
2022 $9,911 $90,021 $35,263 $54,758
2021 $9,383 $91,188 $36,270 $54,918
2020 $9,276 $91,566 $36,936 $54,630
2019 $8,742 $90,594 $36,306 $54,288
2018 $8,437 $88,956 $39,042 $49,914
2017 $8,220 $85,446 $36,144 $49,302
2016 $8,089 $65,052 $31,428 $33,624
2015 $7,819 $52,929 $27,010 $25,919
Source: Public Records

Agents Affiliated with this Home

  • Don Mortensen

    Seller's Agent in 2016

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    14 in this area

    128 Total Sales

    Don Mortensen
    Section Image

  • N

    Buyer's Agent in 2016

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5462772

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-41-004

Arizona Maricopa County Mesa 85210 Downtown Mesa

62 S Center St Unit 1, Mesa, AZ

This home is located at 62 S Center St Unit 1, Mesa, AZ 85210 since 27 June 2016 and is currently estimated at $1,980,578, approximately $303 per square foot. This property was built in 1952. 62 S Center St Unit 1 is a home located in Maricopa County with nearby schools including Lowell 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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