NOT LISTED FOR SALE

Estimated Value: $235,000 - $773,000

4.22 Acres
$106,477 Price per Acre
183,823 Sq Ft Lot

Last Sold January 29, 2018

Last sale price $2,395,000

Current estimated payment $2,433/month

637 Days on Market

About This Lot

As of January 2018

4.22 AC Lot Located Along the Mesa Light-Rail Corridor. Great Location for Multifamily, Apartment Units, Condo, Senior Living. Zoned C-G. Near Loop 101/US60/AZ87 and Major Higher Education Campuses. Adjacent to Light Rail line.
Walking distance to the New Country Club Station. Great Multifamily Development Potential Near Downtown Mesa and Tempe.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 12/24/2015

Last Buyer's Agent

German Reyes

German Reyes License #BR567876000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,451

Lot Details

  • 4.22 Acre Lot
  • Chain Link Fence
  • 8 Lots in the community
  • Additional Parcels
  • Property is zoned C-G

Community Details

  • No Home Owners Association
  • Mesa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 135-57-073

Property Details

Property Type

Land

Est. Annual Taxes

$8,451

Lot Details

0

Listing Details

  • Cross Street: West Pepper Place and Date Street
  • Property Type: Land
  • Zoning: C-G
  • Tax Year: 2015
  • Directions: Located 1/8 Mile East of the Extension Rd/Main St Intersection Along Main St
  • Lot Size Acres: 4.22
  • Subdivision Name: MESA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 183644.0
  • Number Of Lots: 8
  • Additional Parcels: Yes
  • Parcel #: 135-57-073
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8451.0
  • Tax Book Number: 135.00
  • Tax Lot: -
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2015
Sold by
Ham Gene Arling
Bought by
644 West Main Street Llc
Current Estimated Value
$449,333

Purchase Details

Closed on
Oct 17, 2014
Sold by
Ham Leola Virginia and Ham Gene Arling
Bought by
Ham Gene Arling and Gah Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2014
Sold by
Ell Cap Jjpx Mesa Royale
Bought by
Ham Gene

Purchase Details

Closed on
Apr 8, 2014
Sold by
G M Worsley Incorporated
Bought by
Ham Gene

Purchase Details

Closed on
Apr 4, 2014
Sold by
Jakub Jack
Bought by
Ham Gene

Purchase Details

Closed on
Mar 14, 2014
Sold by
Worsley G M
Bought by
Ham Gene
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
644 West Main Street Llc $1,100,000 Old Republic Title Agency
Ham Gene Arling -- Pioneer Title Agency Inc
Ham Gene -- None Available
Ham Gene -- None Available
Ham Gene -- None Available
Ham Gene -- None Available
Ham Gene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ham Gene Arling $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $2,395,000 -6.1% --
09/20/2017 09/20/17 Pending -- -- --
12/23/2015 12/23/15 For Sale $2,550,000 -- --
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 $719 $7,330 $7,330 --
2024 $725 $6,981 $6,981 --
2023 $725 $16,230 $16,230 $0
2022 $710 $15,675 $15,675 $0
2021 $719 $14,130 $14,130 $0
2020 $710 $9,150 $9,150 $0
2019 $663 $8,700 $8,700 $0
2018 $424 $6,390 $6,390 $0
2017 $412 $6,390 $6,390 $0
2016 $404 $5,560 $5,560 $0
2015 $380 $3,000 $3,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5375848

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-57-032