NOT LISTED FOR SALE

7231 E Broadway Rd Mesa, AZ 85208

Central Mesa East Neighborhood

Estimated Value: $10,684,473

Studio
-- Bath
2,697 Sq Ft
$3,962/Sq Ft Est. Value

About This Home

This home is located at 7231 E Broadway Rd, Mesa, AZ 85208 and is currently estimated at $10,684,473, approximately $3,961 per square foot. 7231 E Broadway Rd is a home located in Maricopa County with nearby schools including Jefferson Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2024
Sold by
Welltower Op Inc
Bought by
Psl Mesa Landlord Llc
Current Estimated Value
$10,684,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,225,000
Outstanding Balance
$9,034,639
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$1,649,834

Purchase Details

Closed on
Jan 31, 2024
Sold by
Welltower Op Inc
Bought by
Psl Mesa Landlord Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,225,000
Outstanding Balance
$9,034,639
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$1,649,834

Purchase Details

Closed on
Apr 6, 2009
Sold by
Health Care Reit Inc
Bought by
7231 East Broadway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,480,400
Interest Rate
5.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 1999
Sold by
Regent Assisted Living Inc
Bought by
Health Care Reit Inc

Purchase Details

Closed on
Jun 15, 1998
Sold by
S S V Properties
Bought by
Regent Assisted Living Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Psl Mesa Landlord Llc $11,000,000 Fidelity National Title Agency
Welltower Op Inc -- Fidelity National Title Agency
Psl Mesa Landlord Llc $11,000,000 Fidelity National Title Agency
Welltower Op Inc -- Fidelity National Title Agency
7231 East Broadway Llc -- Fidelity National Title Ins
7231 East Broadway Llc -- Lawyers Title Insurance Corp
Health Care Reit Inc $1,866,879 Lawyers Title Of Arizona Inc
Regent Assisted Living Inc $950,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Psl Mesa Landlord Llc $9,225,000
Closed Psl Mesa Landlord Llc $9,225,000
Previous Owner 7231 East Broadway Llc $6,480,400
Source: Public Records

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 $90,032 $911,712 -- --
2024 $90,300 $868,297 -- --
2023 $90,300 $1,137,030 $58,470 $1,078,560
2022 $88,421 $1,025,520 $48,290 $977,230
2021 $89,523 $1,017,640 $48,290 $969,350
2020 $88,360 $1,032,040 $57,440 $974,600
2019 $82,565 $998,330 $58,260 $940,070
2018 $79,252 $975,320 $55,500 $919,820
2017 $76,896 $698,260 $55,500 $642,760
2016 $75,468 $669,510 $49,550 $619,960
2015 $70,936 $559,712 $29,050 $530,662
Source: Public Records

Map

Arizona Maricopa County Mesa 85208 Central Mesa East

7231 E Broadway Rd, Mesa, AZ

Not Listed for Sale

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