NOT LISTED FOR SALE

6828 E Brown Rd Unit 102 Mesa, AZ 85207

Moondance Neighborhood

Estimated Value: $1,627,853

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. 51% increase in value since last sale

Current estimated payment $9,019/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
$1,627,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,853
Avg. Annual Appreciation
7.32%

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
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
2015 $8,582 $80,753 $12,950 $67,803
Source: Public Records

Agents Affiliated with this Home

  • Bill Douglass

    Seller's Agent in 2020

    Bill Douglass

    Upland Group, Inc.

    (480) 420-2306

    17 Total Sales

    Bill Douglass
    Section Image

  • H

    Buyer Co-Listing Agent in 2020

    Hani Aldulaimi

    Keller Williams Realty East Valley

    (480) 839-6600

    32 Total Sales

    Hani Aldulaimi
    Section Image
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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

Arizona Maricopa County Mesa 85207 Moondance

6828 E Brown Rd Unit 102, Mesa, AZ

Not Listed for Sale

Condos

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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