$260,000
SOLD JUL 25, 2016

733 E University Dr Mesa, AZ 85203

Temple Neighborhood
-- Bed
-- Bath
6,379 Sq Ft
0.56 Acres

Recently Sold

$41 Per Sq Ft

13% Below List Price

49 Days on Market

About This Home

As of September 2017

• Built Out Medical Office 6,527 SF
• For Sale: $300,000.00 ($46 PSF)
• Suites Available 1,100 SF - 3,300 SF
• For Lease: $9 PSF MG
• (1,100 SF: $800/Mo MG)
• (1,300 SF: $1,000/Mo MG)
• (3,300 SF: $2,750/Mo MG)
• Free Rent and Tenant Improvements Available
• Great University Road Frontage

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 05/05/2016

Last Buyer's Agent

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 05/05/2016

Property Details

Property Type

  • Other

Year Built

  • Built in 1976

Lot Details

  • 0.56 Acre Lot
  • Additional Parcels
  • Property is zoned RM4

Home Design

  • 6,379 Sq Ft Home

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 138-23-044-N

Property Details

Property Type

Other

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: University & Country Club
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: RM4
  • Current Use: Office
  • Number Of Buildings: 2
  • Year Built: 1976
  • Tax Year: 2015
  • Lot Size Acres: 0.56
  • Structure Type: Office
  • Tax Parcel Letter: N
  • 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

  • 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: 24306.0
  • Additional Parcels: Yes
  • Parcel #: 138-23-044-N
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7252.0
  • Tax Book Number: 138.00
  • Tax Lot: 0
  • 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%

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
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 Type Sale Price Title Company
Warranty Deed $260,000 First Arizona Title Agency
Special Warranty Deed $225,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 Commercial
Closed $260,000 Commercial
Previous Owner $150,000 Commercial
Previous Owner $100,000 Commercial
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: 5438386

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-23-044N