NOT LISTED FOR SALE

8231 E Main St Mesa, AZ 85207

Central Mesa East Neighborhood

Estimated Value: $582,400

-- Bed
-- Bath
2,050 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $310,000 $151 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,415/month

235 Days on Market

Highlights

  • 0.44 Acre Lot
  • Central Air
  • Concrete Flooring
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of August 2016

120' Main Street frontage fenced & gated (double lot); 50’ x 41’ retail/office space with 2 offices and 2 bathrooms. A 14’ x 48’ covered & paved storage/shop building; & a 5’ x 12’ storage/shop building. Zoned C-G (Commercial General.) The West 60’ and LP storage tank area are leased out at $2,500.00 monthly; Landlord pays Real Estate Taxes, maintains roof, outside paint & repairs, tenant maintains all interior, A/C & tenant caused repairs. Long term tenant now on month to month would like to stay. Landlord occupies the East lot; available upon COE. ¾ mile to 202 freeway.

Last Agent to Sell the Property

Donald Jackson Jr

Keller Williams Integrity First License #BR525414000 Listed on: 10/01/2015

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 1958

Lot Details

  • 0.44 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned C-G

Home Design

  • Block Exterior
  • Metal Siding

Interior Spaces

  • 2,050 Sq Ft Home
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Tax Lot 15 & 17
  • Assessor Parcel Number 218-29-015-A

Community Details

Overview

  • 2 Buildings
  • Desert Sage Subdivision

Building Details

  • Operating Expense $32,637
  • Net Operating Income $30,000

Property Details

Property Type

Other

Est. Annual Taxes

$2,637

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Main & Sossaman
  • Legal Info Range: 7E
  • Property Type: Comm/Industry Sale
  • Zoning: C-G
  • Current Use: Mixed Use
  • Number Of Buildings: 2
  • Year Built: 1958
  • Tax Year: 2015
  • Directions: East on Main from Sossaman to 8231 E Main on South side of Main St.
  • Lot Size Acres: 0.44
  • Road Surface Type: Concrete
  • Subdivision Name: Desert Sage
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block, Chain Link
  • Construction Type: Metal Siding, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Metal: Yes

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Office Evap, Central A/C
  • Heating: Heat Pump
  • Water Source: City Franchise
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 19200.0
  • Additional Parcels: No
  • Parcel #: 218-29-015-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 30000.0
  • Annual Operating Expense: 32637.22

Tax Info

  • Tax Annual Amount: 2637.22
  • Tax Book Number: 218.00
  • Tax Lot: 15 & 17
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2015
Closed on
Jul 25, 2016
Sold by
Kime Edwin Carroll and Kime Donna Marie
Bought by
Sble Llc
Seller's Agent
Donald Jackson Jr
Keller Williams Integrity First
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%
Current Estimated Value
$582,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,400
Avg. Annual Appreciation
7.21%
Original Mortgage
$236,500
Outstanding Balance
$193,087
Interest Rate
3.54%
Mortgage Type
Commercial
Estimated Equity
$391,081

Purchase Details

Closed on
Apr 12, 2016
Sold by
Nelson Kenneth M and Nelson Jo Anne
Bought by
Nelson Kenneth M and Nelson Jo Anne

Purchase Details

Closed on
Oct 7, 2002
Sold by
Nelson Kenneth M and Nelson Jo Anne
Bought by
Kime Edwin Carroll and Kime Donna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.09%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Sble Llc $310,000 Lawyers Title Of Arizona Inc
Nelson Kenneth M $215,000 None Available
Kime Edwin Carroll $215,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sble Llc $236,500
Previous Owner Kime Edwin Carroll $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $310,000 -11.4% $151 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
10/01/2015 10/01/15 For Sale $349,900 -- $171 / 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 $3,193 $34,661 -- --
2024 $3,304 $33,755 -- --
2023 $3,304 $35,038 $18,644 $16,394
2022 $3,250 $41,111 $26,070 $15,041
2021 $3,309 $41,570 $26,544 $15,026
2020 $3,283 $37,822 $22,946 $14,876
2019 $3,042 $38,105 $22,946 $15,159
2018 $2,986 $36,044 $21,168 $14,876
2017 $2,825 $28,436 $19,600 $8,836
2016 $2,785 $25,820 $17,500 $8,320
2015 $2,637 $23,021 $15,960 $7,061
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Donald Jackson Jr

    Keller Williams Integrity First

    Section Image

  • N

    Buyer's Agent in 2016

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5342268

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-29-015A

Arizona Maricopa County Mesa 85207 Central Mesa East

8231 E Main St, Mesa, AZ

This home is located at 8231 E Main St, Mesa, AZ 85207 since 01 October 2015 and is currently estimated at $582,400, approximately $284 per square foot. This property was built in 1958. 8231 E Main St is a home located in Maricopa County with nearby schools including Jefferson Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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