NOT LISTED FOR SALE
-- Bed
-- Bath
9,128 Sq Ft
0.43 Acres

Last Sold February 28, 2018

Last sale price $250,000 $27 Per Sq Ft

730 Days on Market

Highlights

  • 0.43 Acre Lot
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of February 2018

Former Surplus Retail Store located on a hard corner with close to a half acre and liberal C-3 commercial zoning. The new Walkable Urban Zoning is also available, allowing up to 5 stories for new construction.
The property faces the new light rail extension now completed into Downtown Mesa. This well known property
sits on the path of redevelopment that is now in progress and has excellent potential for new retail business
along Main Street. The City has constructed new streets, sidewalks and gutters specifically to service the new light rail extension. The location enjoys high traffic patterns and will see stronger neighborhood growth now that light rail construction is completed and new light rail stations located one half mile to the East and West.

Last Listed By

Bryan Watkins

LRA Real Estate Group, LLC License #BR545459000 Listed on: 11/06/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,635

Year Built

  • Built in 1960

Lot Details

  • 0.43 Acre Lot
  • Additional Parcels
  • Property is zoned C-3

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 9,128 Sq Ft Home
  • Concrete Flooring

Parking

  • 22 Open Parking Spaces
  • 22 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Operating Expense $4,635

Listing and Financial Details

  • Assessor Parcel Number 135-57-023-A

Property Details

Property Type

Other

Est. Annual Taxes

$4,635

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: MAIN ST/EXTENSION RD.
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Current Use: Retail, Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 1960
  • Tax Year: 2015
  • Directions: NEC of Extension & Main St
  • Lot Size Acres: 0.43
  • Road Surface Type: Asphalt
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 22.0
  • Total Parking Spaces: 22.0
  • General Property Description:Uncvrd Parking Spcs: 22.0
  • General Property Description:Total Parking Spcs: 22.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 18905.0
  • Additional Parcels: Yes
  • Parcel #: 135-57-023-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4635.0

Tax Info

  • Tax Annual Amount: 4635.0
  • Tax Book Number: 135.00
  • Tax Lot: 0
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2017
Sold by
Hom Thomas Edward
Bought by
Iron Shamrock Llc
Total Days on Market
730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2006
Sold by
Beavers Larry D and Beavers Ada M
Bought by
Hom Allen Ernest and Allen Ernest Hom Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.35%
Mortgage Type
New Conventional

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
Iron Shamrock Llc $250,000 Chicago Title Agency
Hom Allen Ernest $2,056,179 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iron Shamrock Llc $200,000
Previous Owner Hom Allen Ernest $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $250,000 -28.6% $27 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
07/17/2017 07/17/17 Price Changed $350,000 -29.9% $38 / Sq Ft
11/02/2015 11/02/15 For Sale $499,000 -- $55 / 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 $4,721 $46,634 -- --
2024 $4,903 $45,801 -- --
2023 $4,903 $89,947 $42,721 $47,226
2022 $4,943 $93,170 $48,825 $44,345
2021 $5,146 $90,504 $45,234 $45,270
2020 $5,079 $71,640 $30,258 $41,382
2019 $4,746 $69,102 $26,478 $42,624
2018 $4,555 $63,648 $25,992 $37,656
2017 $4,419 $60,102 $24,066 $36,036
2016 $4,337 $47,988 $20,916 $27,072
2015 $4,189 $35,594 $16,465 $19,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5359236

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-57-023B