NOT LISTED FOR SALE

6262 E Broadway Rd Unit 110 Mesa, AZ 85206

Central Mesa East Neighborhood

Estimated Value: $943,275

-- Bed
-- Bath
2,670 Sq Ft
$353/Sq Ft Est. Value

Last Sold March 13, 2018

Last sale price $560,000 $210 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,454/month

153 Days on Market

About This Home

As of March 2018

Professional Office Investment Sale
• New Five (5) NNN Year Lease Term
• $625,000.00 with 7.17% Cap Rate
• NOI $44,812.00
• Approximately 2,670 SF
• Located on Broadway Road just west of Power Road
• Easy Access to US 60
• Close Proximity to Retail, Restaurants, etc.

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 10/12/2017

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,291

Year Built

  • Built in 2002

Lot Details

  • 10,481 Sq Ft Lot
  • Property is zoned OC

Home Design

  • 2,670 Sq Ft Home

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number 141-57-124

Community Details

Overview

  • East Valley Hearing Center Condominium 2Nd Amd Subdivision

Building Details

  • Operating Expense $5,291
  • Net Operating Income $44,812

Property Details

Property Type

Other

Est. Annual Taxes

$5,291

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Cross Street: E Broadway Rd & S 63rd St
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: OC
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 2002
  • Tax Year: 2016
  • Lot Size Acres: 0.24
  • Subdivision Name: EAST VALLEY HEARING CENTER CONDOMINIUM 2ND AMD
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 2670.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: See Remarks, Other
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 10481.0
  • Parcel #: 141-57-124
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 44812.0
  • Annual Operating Expense: 5291.0

Tax Info

  • Tax Annual Amount: 5291.0
  • Tax Book Number: 141.00
  • Tax Lot: 110
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2017
Closed on
Apr 20, 2018
Sold by
Pathfinder Trf B Llc
Bought by
Relcap Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$440,550
Sold Price
$560,000
Premium/Discount to List
$119,450
27.11%
Current Estimated Value
$943,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,275
Avg. Annual Appreciation
7.23%
Original Mortgage
$275,000
Outstanding Balance
$236,605
Interest Rate
4.46%
Mortgage Type
Construction
Estimated Equity
$716,346

Purchase Details

Closed on
May 13, 2013
Sold by
Pain Release Llc
Bought by
Pathfiner Trf B Llc

Purchase Details

Closed on
Jun 27, 2004
Sold by
Lge Corp
Bought by
Pain Release Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.29%
Mortgage Type
Commercial
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
Relcap Llc $560,000 Commonwealth Land Title Insu
Pathfiner Trf B Llc $232,290 Commonwealth Land Title Insu
Pain Release Llc $335,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Relcap Llc $275,000
Previous Owner Pain Release Llc $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2018 03/13/18 Sold $560,000 -10.4% $210 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
01/19/2018 01/19/18 Price Changed $625,000 +41.9% $234 / Sq Ft
10/11/2017 10/11/17 For Sale $440,550 -- $165 / 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 $5,613 $56,894 -- --
2024 $5,982 $55,878 -- --
2023 $5,982 $83,215 $16,643 $66,572
2022 $6,031 $76,406 $15,278 $61,128
2021 $6,279 $75,924 $15,174 $60,750
2020 $6,197 $62,298 $12,456 $49,842
2019 $5,790 $61,506 $12,294 $49,212
2018 $5,557 $57,708 $11,538 $46,170
2017 $5,391 $54,648 $10,926 $43,722
2016 $5,291 $49,194 $9,828 $39,366
2015 $5,111 $40,386 $8,066 $32,320
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5672762

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-57-124

Arizona Maricopa County Mesa 85206 Central Mesa East

6262 E Broadway Rd Unit 110, Mesa, AZ

This home is located at 6262 E Broadway Rd Unit 110, Mesa, AZ 85206 since 12 October 2017 and is currently estimated at $943,275, approximately $353 per square foot. This property was built in 2002. 6262 E Broadway Rd Unit 110 is a home located in Maricopa County with nearby schools including Madison 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