NOT LISTED FOR SALE

733 E University Dr Mesa, AZ 85203

Temple Neighborhood
-- Bed
-- Bath
6,379 Sq Ft
2,300 Sq Ft Lot

Last Sold September 01, 2017

Last sale price $1,200 $0 Per Sq Ft

50 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of September 2017

Medical office space with 5 offices, lobby, two reception offices, kitchen/break room and an additional door leading to parking area.

Last Listed By

Chad Cluff

Cluff Real Estate LLC License #BR567582000 Listed on: 07/14/2017

Property Details

Property Type

  • Other

Year Built

  • Built in 1973

Lot Details

  • 2,300 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned R-4

Home Design

  • Built-Up Roof
  • Stucco

Parking

  • 10 Open Parking Spaces
  • 12 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • 2 Buildings
  • University Medical Center Subdivision

Listing and Financial Details

  • Property Available on 7/31/17
  • Assessor Parcel Number 138-23-044-N

Property Details

Property Type

Other

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: University Dr and Horne
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: R-4
  • Current Use: Medical/Dental, Office
  • Number Of Buildings: 2
  • Lease Info Annual Lease Price: 1.0
  • Lease Info Annual Lse Prc P S F: 11.5
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 2-5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1409
  • Year Built: 1973
  • Tax Year: 2016
  • Directions: East on University Drive past Mesa Drive. Property on South Side before Horne.
  • Lot Size Acres: 0.05
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cluf001
  • Co List Office Phone: 480-600-4307
  • Subdivision Name: University Medical Center
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: N
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Stucco
  • Roof: Built-Up
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 2300.0
  • Additional Parcels: No
  • Parcel #: 138-23-044-N
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2017-07-31

Multi Family

  • Leasable Area: 1409.0

Tax Info

  • Tax Annual Amount: 7508.0
  • Tax Book Number: 138.00
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Jul 20, 2016
Sold by
Sg Commercial Llc
Bought by
Nelric Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
List Price
$300,000
Sold Price
$260,000
Premium/Discount to List
-$40,000
-13.33%
Total Days on Market
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2014
Sold by
Martin Ernestine and Martin James A
Bought by
Sg Commercial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.08%
Mortgage Type
Commercial

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
Nelric Llc $260,000 First Arizona Title Agency
Sg Commercial Llc $225,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nel Ric Llc $270,000
Closed Nelric Llc $260,000
Previous Owner Sg Commercial Llc $150,000
Previous Owner Sg Commercial Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $1,200 -11.1% $0 / Sq Ft
07/13/2017 07/13/17 For Sale $1,350 -99.5% $0 / Sq Ft
07/25/2016 07/25/16 Sold $260,000 -13.3% $41 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $300,000 -- $47 / 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 $5,513 $54,462 -- --
2024 $5,726 $53,490 -- --
2023 $5,726 $141,440 $42,432 $99,008
2022 $5,773 $123,008 $30,380 $92,628
2021 $6,010 $126,414 $31,248 $95,166
2020 $5,932 $107,802 $21,438 $86,364
2019 $5,542 $45,721 $12,173 $33,548
2018 $5,585 $75,780 $20,232 $55,548
2017 $5,690 $74,088 $18,738 $55,350
2016 $7,508 $62,874 $16,740 $46,134
2015 $7,252 $57,998 $15,559 $42,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5632813

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-23-044N