NOT LISTED FOR SALE

710 E Broadway Rd Mesa, AZ 85204

Temple Neighborhood

Estimated Value: $1,376,385

Studio
-- Bath
8,281 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $749,000 $90 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,931/month

406 Days on Market

Highlights

  • 0.62 Acre Lot
  • Cooling Available
  • No Heating
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of June 2017

1/2 MILE SOUTH OF LIGHT RAIL
REDEVELOPEMENT AREA TENANTS PAY OWN UTILITIES & PRORATA SHARE WATER,TRASH & SEWER

Last Agent to Sell the Property

Gene Minchuk

Realty ONE Group License #BR004285000 Listed on: 04/22/2016

Last Buyer's Agent

Gene Minchuk

Realty ONE Group License #BR004285000 Listed on: 04/22/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1982

Lot Details

  • 0.62 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned LC

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 8,281 Sq Ft Home
  • Concrete Flooring

Parking

  • 30 Open Parking Spaces
  • 30 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 138-29-064-L

Community Details

Overview

  • 3 Buildings
  • Building Dimensions are 180 X 150

Building Details

  • Operating Expense $10,600
  • Gross Income $705,516,000
  • Net Operating Income $69,000

Property Details

Property Type

Other

Est. Annual Taxes

$4,000

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: HORNE & BROADWAY
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: LC
  • Bay Info Bay Door Height: 10.0
  • Bay Info Bay Size: 40
  • Bay Info Max Span Lineal Ft: 30.0
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2015
  • Lot Size Acres: 0.62
  • Professional Management Expense: 3000.0
  • Structure Type: Other (See Remarks), Commercial, Industrial, Office, Distribution/Warehse
  • Tax Parcel Letter: L
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 8281.0

Exterior Features

  • Fencing: Block, Chain Link
  • Disclosures: Seller Prop Disc Stm, APOD/Backup Avaible
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Free
  • Attached Garage: No
  • Open Parking Spaces: 30.0
  • Total Parking Spaces: 30.0
  • General Property Description:Uncvrd Parking Spcs: 30.0
  • General Property Description:Total Parking Spcs: 30.0
  • Parking Features Paved Parking: Yes
  • Parking Features Free: Yes

Utilities

  • Electric: City Electric
  • Cooling: Warehouse Evap
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Lot Info

  • Lot Size: 180 X 150
  • Lot Size Sq Ft: 27007.0
  • Parcel #: 138-29-064-L

Multi Family

  • Annual Gross Income: 705516000.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 69000.0
  • Annual Operating Expense: 10600.0
  • Vacancy Allowance Rate: 8400.0
  • Leasable Area: 8281.0

Tax Info

  • Tax Annual Amount: 4000.0
  • Tax Book Number: 138.00
  • Tax Lot: 1
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 18, 2017
Sold by
Mchugh Edward F and Mchugh Edward F
Bought by
Mzm Enterprises Llc
Seller's Agent
Gene Minchuk
Realty ONE Group
Buyer's Agent
Gene Minchuk
Realty ONE Group
List Price
$849,000
Sold Price
$749,000
Premium/Discount to List
-$100,000
-11.78%
Current Estimated Value
$1,376,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,385
Avg. Annual Appreciation
7.40%
Original Mortgage
$649,000
Outstanding Balance
$303,100
Interest Rate
4.02%
Mortgage Type
Seller Take Back
Estimated Equity
$1,073,285

Purchase Details

Closed on
Oct 2, 2005
Sold by
Mchugh Jacki
Bought by
Mchugh Edward

Purchase Details

Closed on
Oct 13, 2003
Sold by
C C S Enterprises Inc
Bought by
Mchugh Edward F and Mchugh Jacki D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.97%
Mortgage Type
Seller Take Back
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
Mzm Enterprises Llc $749,000 Lawyers Title Of Arizona Inc
Mchugh Edward -- --
Mchugh Edward F $600,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mzm Enterprises Llc $649,000
Previous Owner Mchugh Edward F $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $749,000 -11.8% $90 / Sq Ft
04/21/2016 04/21/16 For Sale $849,000 -- $103 / 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 $8,807 $89,266 -- --
2024 $9,386 $87,672 -- --
2023 $9,386 $106,386 $49,708 $56,678
2022 $9,462 $93,415 $41,020 $52,395
2021 $9,851 $96,894 $42,192 $54,702
2020 $9,723 $92,376 $36,954 $55,422
2019 $9,084 $88,506 $33,318 $55,188
2018 $8,719 $85,194 $31,482 $53,712
2017 $8,459 $85,518 $29,142 $56,376
2016 $8,302 $79,110 $25,344 $53,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5431966

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-29-064L