NOT LISTED FOR SALE

65 E 1st Ave Unit 101 Mesa, AZ 85210

Downtown Mesa Neighborhood

Estimated Value: $440,503

-- Bed
-- Bath
4,325 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $1,195 $0 Per Sq Ft

Est. 36,762% increase in value since last sale

Current estimated payment $2,819/month

148 Days on Market

About This Home

As of October 2021

Great opportunity for any office use with private offices! Excellent setup for any massage, medical, chiropractic, holistic living, etc. Shared space with the existing chiropractic business. Shared lobby and administrative office and 6 total private offices. There are 5 available office suites open, the existing tenant uses only 1 of 6. Ample parking. Lease terms as short as 6 months

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 05/06/2021

Last Buyer's Agent

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 05/06/2021

Property Details

Property Type

  • Other

Year Built

  • Built in 1980

Lot Details

  • 0.29 Acre Lot
  • Property is zoned C-TC

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Mesa Subdivision

Listing and Financial Details

  • Property Available on 5/5/21
  • Tax Lot 6
  • Assessor Parcel Number 138-45-026

Property Details

Property Type

Other

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Center and 1st Ave
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: C-TC
  • Current Use: Medical/Dental
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 11940.0
  • Lease Info Annual Lse Prc P S F: 8.53
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 1400
  • Year Built: 1980
  • Tax Year: 2020
  • Directions: East on Center to building on South side of street
  • Lot Size Acres: 0.29
  • Subdivision Name: MESA
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 12500.0
  • Additional Parcels: No
  • Parcel #: 138-45-026
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2021-05-05

Multi Family

  • Leasable Area: 1400.0

Tax Info

  • Tax Annual Amount: 4933.0
  • Tax Book Number: 138.00
  • Tax Lot: 6
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2022
Sold by
Don T Mortensen Pllc
Bought by
Temple View Holdings Llc
Current Estimated Value
$440,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,500
Outstanding Balance
$518,572
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
-$76,069

Purchase Details

Listed on
Sep 26, 2020
Closed on
Oct 7, 2020
Sold by
Major Terry I and 7 Mountain Trust
Bought by
Don T Mortensen Pllc
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$895
Sold Price
$895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
253.75%
Original Mortgage
$219,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2012
Sold by
Major Terry I
Bought by
Major Terry I
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
Temple View Holdings Llc -- First Arizona Title
Don T Mortensen Pllc $325,000 Old Republic Title Agency
Major Terry I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Temple View Holdings Llc $539,500
Previous Owner Don T Mortensen Pllc $219,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $1,195 +20.1% $0 / Sq Ft
08/13/2021 08/13/21 Price Changed $995 -17.1% $0 / Sq Ft
07/27/2021 07/27/21 Price Changed $1,200 -14.3% $0 / Sq Ft
06/24/2021 06/24/21 Price Changed $1,400 -6.7% $0 / Sq Ft
06/24/2021 06/24/21 Price Changed $1,500 -13.5% $0 / Sq Ft
05/05/2021 05/05/21 For Sale $1,735 +93.9% $0 / Sq Ft
10/05/2020 10/05/20 Sold $895 0.0% $0 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $895 -- $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 $5,083 $40,227 -- --
2024 $5,241 $39,509 -- --
2023 $5,241 $79,781 $30,940 $48,841
2022 $5,276 $75,268 $18,253 $57,015
2021 $4,991 $67,680 $18,774 $48,906
2020 $4,933 $53,676 $18,882 $34,794
2019 $4,728 $45,252 $18,720 $26,532
2018 $4,563 $53,334 $16,632 $36,702
2017 $4,446 $43,596 $15,390 $28,206
2016 $4,375 $38,574 $13,392 $25,182
2015 $4,229 $28,971 $11,248 $17,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6231709

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-45-026