NOT LISTED FOR SALE

6859 E Rembrandt Ave Unit 101 Mesa, AZ 85212

Morrison Ranch Neighborhood

Estimated Value: $3,084,636

-- Bed
-- Bath
6,289 Sq Ft
$490/Sq Ft Est. Value

Last Sold March 08, 2017

Last sale price $1 $0 Per Sq Ft

Est. 308,463,500% increase in value since last sale

Current estimated payment $17,329/month

275 Days on Market

About This Home

As of March 2017

RECEIVERSHIP SALE: PRICE REDUCED
High End Built Out Office/Flex Space
Sale: $690,000.00 ($109 PSF) Motivated Seller
6,289 SF (Includes +/-1,700 SF Warehouse)
One Roll-up Door
Endcap Space, Fully Furnished
Building Signage, Ample & Covered Parking
Close to Major Retailers
Easy Freeway Access

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 06/06/2016

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,491

Year Built

  • Built in 2007

Lot Details

  • Property is zoned LI

Home Design

  • 6,289 Sq Ft Home

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Community Details

  • San Tan Commerce Court Condominium Subdivision
  • Operating Expense $40

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 304-17-208-A

Property Details

Property Type

Other

Est. Annual Taxes

$11,491

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Legal Info Range: 7E
  • Property Type: Comm/Industry Sale
  • Zoning: LI
  • Number Of Buildings: 1
  • Year Built: 2007
  • Tax Year: 2015
  • Subdivision Name: SAN TAN COMMERCE COURT CONDOMINIUM
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Other, See Remarks
  • Construction Type: Other, See Remarks
  • Roof: See Remarks, Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Lot Size Sq Ft: 1.0
  • Additional Parcels: No
  • Parcel #: 304-17-208-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 40.0

Tax Info

  • Tax Annual Amount: 40.0
  • Tax Book Number: 304.00
  • Tax Lot: 1
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Leo Realty Group Llc
Bought by
Felker Holding And Investment Llc
Total Days on Market
275
Current Estimated Value
$3,084,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,000
Outstanding Balance
$1,507,439
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$1,655,770

Purchase Details

Closed on
Oct 13, 2020
Sold by
Arizona Board Of Regents
Bought by
Leo Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 2012
Sold by
Western Horizons Development Llc
Bought by
Arizona Board Of Regents
Source: Public Records

Range of Values:

Collateral Analytics

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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
Felker Holding And Investment Llc $3,050,000 Magnus Title Agency
Leo Realty Group Llc -- First American Title
Arizona Board Of Regents -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felker Holding And Investment Llc $1,525,000
Closed Felker Holding And Investment Llc $1,249,000
Previous Owner Leo Realty Group Llc $1,615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2017 03/08/17 Sold $1 -100.0% $0 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
06/06/2016 06/06/16 For Sale $690,000 -- $110 / 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 $11,491 $141,231 -- --
2024 $11,558 $126,100 -- --
2023 $11,558 $192,000 $52,140 $139,860
2022 $11,300 $195,015 $68,310 $126,705
2021 $11,917 $185,490 $61,800 $123,690
2020 $53 $180,345 $57,750 $122,595
2019 $53 $174,945 $51,060 $123,885
2018 $48 $151,770 $37,560 $114,210
2017 $48 $152,475 $30,495 $121,980
2016 $46 $167,760 $33,552 $134,208
2015 $40 $173,160 $34,632 $138,528
Source: Public Records

Agents Affiliated with this Home

  • Tanner Milne

    Seller's Agent in 2017

    Tanner Milne

    The Menlo Group Commercial Real Estate

    (480) 282-2225

    Section Image

  • N

    Buyer's Agent in 2017

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5453355

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-17-208A

Arizona Maricopa County Mesa 85212 Morrison Ranch

6859 E Rembrandt Ave Unit 101, Mesa, AZ

This home is located at 6859 E Rembrandt Ave Unit 101, Mesa, AZ 85212 since 06 June 2016 and is currently estimated at $3,084,636, approximately $490 per square foot. This property was built in 2007. 6859 E Rembrandt Ave Unit 101 is a home located in Maricopa County with nearby schools including Boulder Creek Elementary School, Highland Jr High School, and Highland High 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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