NOT LISTED FOR SALE

Estimated Value: $694,435

-- Bed
-- Bath
4,388 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $660,000 $150 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,237/month

17 Days on Market

Highlights

  • 0.61 Acre Lot
  • Meeting Room
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Central Air

About This Home

As of November 2022

Free Standing building with Drive Thru located on Main Street just East of Power Road on a Hard Corner. Great Visibility with ample parking, 2 points for ingress/egress, Great for a Restaurant Concept. Newer roof and HVAC. Monumental Signage.

Close to Banner Medical Heart Hospital, Leisure World and Las Sendas master planned communities,
Superstition Springs Mall, and the Loop 202 and US 60 freeways offering easy access to Mesa, Gilbert, Scottsdale and Tempe.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 09/21/2022

Last Buyer's Agent

Millicent Owusu

HomeSmart License #SA554117000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,967

Year Built

  • Built in 1974

Lot Details

  • 0.61 Acre Lot
  • Property is zoned C-G

Home Design

  • 4,388 Sq Ft Home
  • Tilt Up Walls
  • Tile Roof
  • Block Exterior
  • Stucco

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Meeting Room
  • Operating Expense $6,967

Listing and Financial Details

  • Assessor Parcel Number 218-19-071-D

Property Details

Property Type

Other

Est. Annual Taxes

$6,967

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: E Main St & S Power Rd
  • Legal Info Range: 7E
  • Property Type: Comm/Industry Sale
  • Zoning: C-G
  • Current Use: Mixed Use
  • Number Of Buildings: 1
  • Year Built: 1974
  • Tax Year: 2022
  • Directions: Freestanding Retail/Restaurant with Drive Thru located on Main St with excellent visibility just east of Power Road.
  • Lot Size Acres: 0.61
  • Structure Type: Commercial
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Tilt-Up, Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 26746.0
  • Additional Parcels: No
  • Parcel #: 218-19-071-D
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6967.0
  • Leasable Area: 4388.0

Tax Info

  • Tax Annual Amount: 6967.0
  • Tax Book Number: 218.00
  • Tax Lot: -
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Nov 23, 2022
Sold by
Juliet Oscar Llc
Bought by
Revival Prayer Center
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Millicent Owusu
HomeSmart
List Price
$599,000
Sold Price
$660,000
Premium/Discount to List
$61,000
10.18%
Current Estimated Value
$694,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,435
Avg. Annual Appreciation
1.41%
Original Mortgage
$561,000
Outstanding Balance
$463,067
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$223,877

Purchase Details

Closed on
Jan 28, 2020
Sold by
Keyglee Holdings Inc
Bought by
Juliet Oscar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,100
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2020
Sold by
Webe Sam J C and Webe Pam J
Bought by
Keyglee Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,100
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2005
Sold by
Hrb Property Corp
Bought by
Webe Sam J C and Webe Pam J

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
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 1994
Sold by
Woods E Ross and Woods Alice R
Bought by
Jones Robert W
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
Revival Prayer Center $660,000 First American Title
Juliet Oscar Llc $378,760 West Title Agency
Keyglee Holdings Inc $350,000 West Title Agency
Webe Sam J C $525,000 Fidelity National Title
Jones Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revival Prayer Center $561,000
Previous Owner Juliet Oscar Llc $350,100
Previous Owner Webe Sam J C $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $660,000 +10.2% $150 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $599,000 -- $137 / 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 $6,655 $65,675 -- --
2024 $6,911 $64,503 -- --
2023 $6,911 $89,012 $26,724 $62,288
2022 $6,967 $91,578 $29,208 $62,370
2021 $7,255 $81,252 $30,042 $51,210
2020 $7,161 $79,326 $28,944 $50,382
2019 $6,691 $55,134 $26,892 $28,242
2018 $9,514 $90,000 $26,190 $63,810
2017 $9,231 $109,710 $24,246 $85,464
2016 $9,059 $100,494 $21,636 $78,858
2015 $8,752 $75,296 $13,820 $61,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6466585

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-19-071D