NOT LISTED FOR SALE

640 E Main St Mesa, AZ 85203

Temple Neighborhood

Estimated Value: $506,608

-- Bed
-- Bath
2,471 Sq Ft
$205/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $465,000 $188 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,956/month

83 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • 4-minute walk to Pioneer Park
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of December 2021

Hard Corner with drive thru, former retail bank building; Excellent location near the $200 million development district, renovated LDS Temple, Townhouses, Condos, Retail. Faces Light Rail, 1 block from the Mesa Dr/Main St Light Rail Station.

Last Agent to Sell the Property

Bryan Watkins

LRA Real Estate Group, LLC License #BR545459000 Listed on: 04/03/2021

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,623

Year Built

  • Built in 1959

Lot Details

  • 8,966 Sq Ft Lot
  • Property is zoned C-2, Limited Co

Home Design

  • Brick Exterior Construction
  • Foam Roof

Interior Spaces

  • 2,471 Sq Ft Home
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 138-24-115

Community Details

Overview

  • Building Dimensions are 69 x 130
  • Sierra Vista Park Subdivision

Building Details

  • Operating Expense $3,623

Property Details

Property Type

Other

Est. Annual Taxes

$3,623

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: Edgemont
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2, Limited Co
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1959
  • Tax Year: 2020
  • Directions: NEC of Edgemont & Main St
  • Lot Size Acres: 0.21
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: SIERRA VISTA PARK
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Brick
  • Roof: See Remarks, Foam

Garage/Parking

  • 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:Private Parking: Yes

Utilities

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

Lot Info

  • Lot Size: 69 x 130
  • Lot Size Sq Ft: 8966.0
  • Additional Parcels: No
  • Parcel #: 138-24-115
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3623.0

Tax Info

  • Tax Annual Amount: 3623.0
  • Tax Book Number: 138.00
  • Tax Lot: 12
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Dt3 Management Llc
Bought by
Dos Dragons Llc
Current Estimated Value
$506,608

Purchase Details

Listed on
Apr 3, 2021
Closed on
Dec 13, 2021
Sold by
Grimnes & Grimnes Llc
Bought by
Dt3 Management Llc
Seller's Agent
Bryan Watkins
LRA Real Estate Group, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$587,500
Sold Price
$465,000
Premium/Discount to List
-$122,500
-20.85%

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%
Original Mortgage
$325,000
Interest Rate
3.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 8, 2021
Sold by
Carmichael Dayna
Bought by
Grimnes Scott

Purchase Details

Closed on
Dec 28, 2010
Sold by
First Financial Collateral Inc
Bought by
Grimnes & Grimnes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2010
Sold by
Tamarron Bay Llc
Bought by
First Financial Bank Na

Purchase Details

Closed on
Jul 28, 2010
Sold by
First Financial Bank Na
Bought by
First Financial Collateral Inc

Purchase Details

Closed on
Nov 17, 2005
Sold by
Jaz Enterprises Llc
Bought by
Tamarron Bay Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2001
Sold by
Lijewski Lorraine M
Bought by
Jaz Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2001
Sold by
Lijewski Lorraine M and Lijewski Lee J
Bought by
Lijewski Lorraine M and Lorraine M Lijewski Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 1998
Sold by
Stress Mary C
Bought by
Stress Mary C and Kilgore Scott
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
Dos Dragons Llc -- None Listed On Document
Dt3 Management Llc $465,000 Thomas Title & Escrow
Grimnes Scott -- None Available
Grimnes & Grimnes Llc $125,000 Magnus Title Agency
First Financial Bank Na -- None Available
First Financial Collateral Inc -- None Available
Tamarron Bay Llc $425,000 Westland Title Agency Of Az
Jaz Enterprises Llc $170,000 Capital Title Agency
Lijewski Lorraine M -- --
Stress Mary C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dt3 Management Llc $325,000
Previous Owner Grimnes & Grimnes Llc $100,000
Previous Owner Tamarron Bay Llc $340,000
Previous Owner Jaz Enterprises Llc $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $465,000 -20.9% $188 / Sq Ft
08/21/2021 08/21/21 Price Changed $587,500 0.0% $238 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/02/2021 06/02/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $587,500 -- $238 / 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 $3,367 $33,263 -- --
2024 $3,497 $32,669 -- --
2023 $3,497 $48,450 $16,779 $31,671
2022 $3,526 $50,786 $21,578 $29,208
2021 $3,671 $51,408 $22,194 $29,214
2020 $3,623 $40,590 $19,098 $21,492
2019 $3,385 $38,268 $17,190 $21,078
2018 $3,249 $36,306 $15,750 $20,556
2017 $3,152 $33,228 $14,580 $18,648
2016 $3,093 $30,024 $12,690 $17,334
2015 $2,988 $28,084 $10,194 $17,890
Source: Public Records

Agents Affiliated with this Home

  • Bryan Watkins

    Seller's Agent in 2021

    Bryan Watkins

    LRA Real Estate Group, LLC

    (480) 734-7878

    1 in this area

    41 Total Sales

    Bryan Watkins
    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6216526

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-24-115

Arizona Maricopa County Mesa 85203 Temple

640 E Main St, Mesa, AZ

This home is located at 640 E Main St, Mesa, AZ 85203 since 03 April 2021 and is currently estimated at $506,608, approximately $205 per square foot. This property was built in 1959. 640 E Main St is a home located in Maricopa County with nearby schools including Edison 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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