NOT LISTED FOR SALE
-- Bed
-- Bath
5,200 Sq Ft
0.41 Acres

Last Sold June 28, 2022

Last sale price $1,200,000 $231 Per Sq Ft

27 Days on Market

Highlights

  • 0.41 Acre Lot
  • Cooling Available
  • Radiant Heating System
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of June 2022

EAST MESA AUTO is a family owned and operated business that has successfully serviced the Phoenix Metro Market for 35 years from the time that many car owners serviced their own vehicles and, now, when complexity of systems require professional attention. The ownership currently employs seven full time and one part time employee(s). The business sustains a local customers base as well as servicing contracts that include()s Arizona highway patrol, BPR contracting and electrical, and a few smaller contractors that pay invoices timely. Includes real estate as well as the business., furniture, fixtures, some tools and equipment. Inventory is separate and is typically at $4,000 to $6,000. There are currently 10 bays, 7 bay doors and 9 lifts within the The property is located in Maricopa County within the metropolitan Phoenix-Mesa area and, more specifically, in East Mesa. The subject location along Apache Trail or Main Street in Mesa just est o Power Road is considered to be a good located for a retail or commercial building with it excellent visibility and access from Main Street.

Generally, the immediate area of the subject is best identified as being a mature business retail area. Retail/service retail buildings are located along Main Street and corners of the major arterial intersections. The remaining of the interior of the area within the neighborhood consists of multi- family and single-family dwellings.


The subject is a retail metal building built around the early 70's with a location on the south side of Main Street AKA Apache Trail in Mesa, Arizona. It consists of single 2,350 square foot metal building and 2,348 enclosed work bays. There is also 450 square feet of storage. Together these structures total 5,150 of covered work area. The building has with 5-12 x 12 roll-up doors and a metal pedestrian door. Located within the building is an 864 square foot- 2 story office area. Power is provided by SRP with a 240 volt/200 AMP service. There are 9 parking spaces located along the outside of the fenced yard and in front of the building. A side storage yard is also part of the subject. The improvements are located on two lot totaling 18,000 square feet. There is 120 feet of frontage along E Apache Trail/East Main street. Visibility is good with good access from the east bound traffic.

Last Agent to Sell the Property

Aleta Ruark

Pro Star Realty License #BR008429000 Listed on: 03/04/2022

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1970

Lot Details

  • 0.41 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned C-G General Com

Home Design

  • Tilt Up Walls
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 5,200 Sq Ft Home
  • Concrete Flooring

Parking

  • 29 Open Parking Spaces
  • 29 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Radiant Heating System
  • Septic Tank

Listing and Financial Details

  • Tax Lot 11 and 13
  • Assessor Parcel Number 218-32-011

Community Details

Overview

  • Desert Sage Tr Blks 1, 2, 3, 4 Subdivision

Building Details

  • Operating Expense $3,315
  • Gross Income $951,962
  • Net Operating Income $679,559

Property Details

Property Type

Other

Est. Annual Taxes

$3,315

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Power and Main
  • Property Type: Comm/Industry Sale
  • Zoning: C-G General Com
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2021
  • Directions: The property is located in East Mesa along Apache Trail or Main Street just East of Power Road.
  • Lot Size Acres: 0.41
  • Road Surface Type: Dedicated Street
  • Subdivision Name: DESERT SAGE TR BLKS 1, 2, 3, 4
  • Structure Type: Other (See Remarks), Commercial
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 5200.0

Exterior Features

  • Fencing: Block, Chain Link
  • Disclosures: None
  • Construction Type: Tilt-Up, Metal Siding
  • Roof: Metal
  • Construction:Metal: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking Features: Other, Paved
  • Attached Garage: No
  • Open Parking Spaces: 29.0
  • Total Parking Spaces: 29.0
  • General Property Description:Uncvrd Parking Spcs: 29.0
  • General Property Description:Total Parking Spcs: 29.0
  • Parking Features Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Other, Office A/C
  • Heating: Radiant, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Radiant: Yes
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 18000.0
  • Parcel #: 218-32-011
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 951962.0
  • Property Net Operating Income: 679559.0
  • Annual Operating Expense: 3315.0

Tax Info

  • Tax Annual Amount: 3315.0
  • Tax Book Number: 218.00
  • Tax Lot: 11 and 13
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
May 25, 2022
Sold by
Billy G Taylor Revocable Trust
Bought by
Faith In God Llc
Seller's Agent
Aleta Ruark
Pro Star Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Outstanding Balance
$330,123
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2018
Sold by
Taylor Billy G and Taylor Billy
Bought by
Taylor Billy G and Billy G Taylor Revocable Trust

Purchase Details

Closed on
Dec 10, 2013
Sold by
Nuth Robert F and Nuth Victoria I
Bought by
Taylor Billy and Taylor Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,714
Interest Rate
4.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 15, 1998
Sold by
Nuth Robert F and Nuth Victoria I
Bought by
Nuth Robert F and Nuth Victoria I
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Faith In God Llc $1,000,000 Commonwealth Land Title
Taylor Billy G -- None Available
Taylor Billy $650,000 Pioneer Title Agency Inc
Nuth Robert F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faith In God Llc $415,000
Previous Owner Taylor Billy $584,714
Closed Faith In God Llc $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $1,200,000 -11.1% $231 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $1,350,000 -- $260 / 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 $840 $9,044 $9,044 --
2024 $877 $8,882 $8,882 --
2023 $877 $11,118 $11,118 $0
2022 $881 $15,873 $15,873 $0
2021 $904 $16,326 $16,326 $0
2020 $897 $14,112 $14,112 $0
2019 $831 $14,112 $14,112 $0
2018 $811 $9,576 $9,576 $0
2017 $783 $8,874 $8,874 $0
2016 $763 $7,920 $7,920 $0
2015 $736 $6,420 $6,420 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6362275

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-32-011