NOT LISTED FOR SALE

Estimated Value: $460,007

-- Bed
-- Bath
2,671 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $420,000 $157 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,223/month

230 Days on Market

Highlights

  • 0.64 Acre Lot
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of June 2021

This freestanding 2,670 square foot former bank building is located 1 mile east of Recker Road and Main Street. The building pad sits on a hard corner in front of a 68,000 S.F. retail center on Main Street and 63rd Street. It has a drive-through, is constructed of high-quality brick, and has a working bank vault. Plenty of parking, monument signage, clock tower and excellent visibility on Main Street in East Mesa.

Close to Banner Baywood Heart Hospital, Leisure World and Las Sendas master planned communities, Superstition Springs Mall, and the Loop 202 and US 60 freeways offering easy access to Mesa, Gilbert, Scottsdale and Tempe.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 09/18/2020

Last Buyer's Agent

Vana Vartoomian

D-LEX Realty License #SA680241000

D-LEX Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,436

Year Built

  • Built in 1984

Lot Details

  • 0.64 Acre Lot
  • Property is zoned C-2

Home Design

  • 2,671 Sq Ft Home
  • Tilt Up Walls
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete

Parking

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • Main Street Plaza Subdivision
  • Operating Expense $8,436

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 141-57-192

Property Details

Property Type

Other

Est. Annual Taxes

$8,436

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Main & 63rd
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2020
  • Directions: Excellent PAD location at the lighted intersection of Main & 63rd Streets in East Mesa.
  • Lot Size Acres: 0.64
  • Subdivision Name: MAIN STREET PLAZA
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 2671.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free
  • 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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 28017.0
  • Parcel #: 141-57-192
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 8436.0

Tax Info

  • Tax Annual Amount: 8436.0
  • Tax Book Number: 141.00
  • Tax Lot: 3
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Vartoomian Vana
Bought by
Dikvan Llc
Total Days on Market
230
Current Estimated Value
$460,007

Purchase Details

Listed on
Sep 18, 2020
Closed on
Jun 11, 2021
Sold by
Argentum Navis Llc
Bought by
Vartoomian Vana and Vartoomian Vanik
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Vana Vartoomian
D-LEX Realty
List Price
$469,999
Sold Price
$420,000
Premium/Discount to List
-$49,999
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%

Purchase Details

Listed on
Apr 26, 2017
Closed on
Oct 25, 2017
Sold by
Giles Chester H
Bought by
Argentum Navis Llc
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$270,000
Interest Rate
3.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 25, 2014
Sold by
Pariz Llc
Bought by
Giles Chester H

Purchase Details

Closed on
Aug 21, 2014
Sold by
Ansari Saeid and Badr Simintadj
Bought by
Pariz Llc

Purchase Details

Closed on
Jul 14, 2010
Sold by
Ansari Saied and Badr Simintadj
Bought by
Pariz Llc

Purchase Details

Closed on
May 18, 2010
Sold by
Plaza Properties Inc
Bought by
Ansari Saeid and Badr Simintadj

Purchase Details

Closed on
Feb 2, 1998
Sold by
Bny Western Trust Company
Bought by
T Northwest Properties Ii Inc
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
Dikvan Llc -- None Listed On Document
Vahikani Investments Llc -- None Listed On Document
Vartoomian Vana $420,000 Landmark Ttl Assurance Agcy
Argentum Navis Llc $325,000 Old Republic Title Agency
Giles Chester H $340,000 Lawyers Title Of Arizona Inc
Pariz Llc -- Lawyers Title Of Arizona Inc
Pariz Llc -- None Available
Ansari Saeid $325,000 None Available
T Northwest Properties Ii Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Argentum Navis Llc $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $420,000 -6.7% $157 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
12/02/2020 12/02/20 Price Changed $449,999 -4.3% $168 / Sq Ft
09/18/2020 09/18/20 For Sale $469,999 +44.6% $176 / Sq Ft
11/27/2017 11/27/17 Sold $325,000 0.0% $122 / Sq Ft
09/23/2017 09/23/17 Price Changed $324,900 0.0% $122 / Sq Ft
09/14/2017 09/14/17 For Sale $325,000 0.0% $122 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $325,000 -- $122 / 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 $7,840 $77,448 -- --
2024 $8,143 $76,065 -- --
2023 $8,143 $92,140 $47,294 $44,846
2022 $8,209 $87,623 $44,958 $42,665
2021 $8,547 $90,540 $46,242 $44,298
2020 $8,436 $89,856 $44,586 $45,270
2019 $7,881 $84,438 $40,032 $44,406
2018 $9,529 $108,270 $29,322 $78,948
2017 $9,245 $105,822 $27,162 $78,660
2016 $9,073 $96,858 $24,246 $72,612
2015 $8,764 $74,500 $18,593 $55,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6134272

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-57-192