NOT LISTED FOR SALE

62 S Center St Unit A Mesa, AZ 85210

Downtown Mesa Neighborhood

Estimated Value: $1,991,307

-- Bed
-- Bath
9,507 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $1,900,000 $200 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,312/month

4 Days on Market

Highlights

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

About This Home

As of September 2023

New Restaurant Space in Downtown Mesa

The space restaurateurs have been waiting for in 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.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 07/27/2023

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,911

Year Built

  • Built in 1952

Lot Details

  • 0.61 Acre Lot
  • Property is zoned C-TCB

Home Design

  • 9,507 Sq Ft Home
  • Tilt Up Walls
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air

Community Details

  • Mesa Arizona Subdivision

Listing and Financial Details

  • Property Available on 8/15/23
  • Tenant pays for trash collection, electricity, water, sewer, fire insurance-bldg, contents insurance, glass insurance, liability insurance, janitorial service, common area maintenance, parking area maint, taxes
  • Tax Lot 1
  • Assessor Parcel Number 138-41-004

Property Details

Property Type

Other

Est. Annual Taxes

$9,911

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: Center Street and Main
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: C-TCB
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 52000.0
  • Lease Info Annual Lse Prc P S F: 26.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2000
  • Year Built: 1952
  • Tax Year: 2022
  • Directions: NW Corner of 1st Ave and Center St
  • Lot Size Acres: 0.61
  • Subdivision Name: MESA ARIZONA
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Living Area: 9507.0

Exterior Features

  • Disclosures: None
  • Construction Type: Tilt-Up, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Public Parking, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

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

Lot Info

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

Rental Info

  • Available Date: 2023-08-15

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Fire Insurance-Bldg, Contents Insurance, Glass Insurance, Liability Insurance, Janitorial Service, Common Area Maintenance, Parking Area Maint, Taxes
  • Existing Lease Type: NNN
  • Leasable Area: 2000.0

Tax Info

  • Tax Annual Amount: 9911.0
  • Tax Book Number: 138.00
  • Tax Lot: 1
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 28, 2023
Sold by
Oneill Properties Lp
Bought by
62 South Llc
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$4,334
Sold Price
$1,900,000
Premium/Discount to List
$1,895,666
43739.41%
Views
35
Current Estimated Value
$1,991,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,307
Avg. Annual Appreciation
2.62%
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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/29/2023 09/29/23 Off Market $4,334 -- --
09/28/2023 09/28/23 Sold $1,900,000 +43739.4% $200 / Sq Ft
07/27/2023 07/27/23 For Sale $4,334 -- $0 / 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 2023

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    14 in this area

    124 Total Sales

    Don Mortensen
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6585057

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-41-004

Arizona Maricopa County Mesa 85210 Downtown Mesa

62 S Center St Unit A, Mesa, AZ

This home is located at 62 S Center St Unit A, Mesa, AZ 85210 since 27 July 2023 and is currently estimated at $1,991,307, approximately $209 per square foot. This property was built in 1952. 62 S Center St Unit A 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

Nearby Homes