NOT LISTED FOR SALE

6828 E Brown Rd Unit 102 Mesa, AZ 85207

Moondance Neighborhood

Estimated Value: $1,614,034

1 Bed
-- Bath
7,420 Sq Ft
4,356 Sq Ft Lot

Last Sold February 24, 2020

Last sale price $1,075,000 $145 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,955/month

22 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of February 2020

Investment opportunity! This medical office unit has been divided into two suites with building signage. This building is part of a 12-building complex located at Power Rd. and Brown Rd. 100% occupied to 2 credible medical practitioners that have been in the building since 2007. Buildings in complex feature concrete tile roofs, HVAC systems, as well as a fire sprinkler system.
Close proximity to Red Mountain Loop 202.
1 mile from Banner Baywood Hospital.

PLEASE CONTACT BROKER FOR OFFERING INFORMATION

Last Agent to Sell the Property

Bill Douglass

Upland Group, Inc. License #BR037280000 Listed on: 12/19/2019

Last Buyer's Agent

Bill Douglass

Upland Group, Inc. License #BR037280000 Listed on: 12/19/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,119

Year Built

  • Built in 2003

Lot Details

  • 4,356

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,420 Sq Ft Home
  • Carpet

Parking

  • Public Parking
  • 5 Covered Spaces
  • Private Parking
  • Community Parking Structure

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 218-04-095-E

Community Details

Overview

  • Red Mountain Professional Park Subdivision

Building Details

  • Operating Expense $6,119
  • Net Operating Income $70,550

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,119

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: Power Road and Brown Road
  • Legal Info Range: 7E
  • Property Type: Comm/Industry Sale
  • Zoning: LC
  • Number Of Buildings: 1
  • Ownership: Condominium
  • Year Built: 2003
  • Tax Year: 2018
  • Lot Size Acres: 0.1
  • Subdivision Name: RED MOUNTAIN PROFESSIONAL PARK
  • Structure Type: Office
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet
  • Living Area: 7420.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Private Parking, Public Parking, Parking Structure
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Parking Structure: Yes

Utilities

  • Electric: None
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: None
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 4414.0
  • Parcel #: 218-04-095-E
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 70550.0
  • Annual Operating Expense: 6119.0

Tax Info

  • Tax Annual Amount: 6119.0
  • Tax Book Number: 218.00
  • Tax Lot: 2
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
Feb 19, 2020
Sold by
P & L Select Properties Llc
Bought by
Powell Family Properties Llc
Seller's Agent
Bill Douglass
Upland Group, Inc.
Buyer's Agent
Bill Douglass
Upland Group, Inc.
List Price
$1,175,000
Sold Price
$1,075,000
Premium/Discount to List
-$100,000
-8.51%
Current Estimated Value
$1,614,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,034
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Dec 27, 2006
Sold by
Le Blanc & Dayton Llc
Bought by
P&L Select Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,544
Interest Rate
6.09%
Mortgage Type
New Conventional
Source: Public Records
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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
Powell Family Properties Llc $1,075,000 Security Title Agency Inc
P&L Select Properties Llc $684,170 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner P&L Select Properties Llc $581,544
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $1,075,000 -8.5% $145 / Sq Ft
12/19/2019 12/19/19 For Sale $1,175,000 -- $158 / 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 $6,181 $62,649 -- --
2024 $6,587 $61,530 -- --
2023 $6,587 $157,743 $26,282 $131,461
2022 $6,641 $154,280 $22,855 $131,425
2021 $6,914 $84,222 $23,508 $60,714
2020 $6,824 $80,406 $24,624 $55,782
2019 $6,375 $57,006 $16,236 $40,770
2018 $6,119 $93,438 $10,962 $82,476
2017 $5,937 $96,498 $10,152 $86,346
2016 $5,826 $45,432 $9,072 $36,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6015900

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-04-095E