$500,000
SOLD NOV 22, 2024

8442 E Southern Ave Unit 2 Mesa, AZ 85209

Fountain of the Sun Neighborhood
1.27 Acres
$393,701 Price per Acre
55,321 Sq Ft Lot

Recently Sold

9% Below List Price

69 Days on Market

Highlights

  • 1.27 Acre Lot
  • No HOA
  • Level Lot
  • Franklin at Brimhall Elementary School Rated A
  • Partially Fenced Property

About This Lot

As of November 2024

Rare opportunity to purchase high visibility vacant land in Mesa Arizona next to the loop 202 Freeway (+/- 70,000 VPD), near the US 60 freeway (+/- 150,000 VPD) with direct frontage on Southern Ave. Around 220 feet of frontage in a dense infill location at a reasonable price per square foot. The lot is around 1.26 acres, adjacent to Dollar General on Southern Ave with over +/- 21,000 vehicles per day. This is a perfect opportunity for an investor or savvy business owner looking to build a commercial building or hold. The seller is open to a seller carry option with a strong down payment. Please reach out to the listing agent for additional information. Buyer to verify all facts, figures, schools and measurements.

Last Agent to Sell the Property

Jason Miszuk

Realty ONE Group License #SA562932000 Listed on: 11/08/2024

Co-Listed By

Jennifer Simpson

The Maricopa Real Estate Co License #SA682028000

Last Buyer's Agent

Steven Zalewski

Polly Mitchell Global Realty License #SA686007000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,510

Lot Details

  • 1.27 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned Commercial

Community Details

  • No Home Owners Association
  • Nec E Southern Avenue & S Hawes Road Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 218-52-003

Property Details

Property Type

Land

Est. Annual Taxes

$4,510

Lot Details

0

Listing Details

  • Cross Street: Sossaman Road and East Southern Ave
  • Legal Info Range: 7E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: Commercial
  • Tax Year: 2023
  • Directions: US-60 E towards Globe. Take exit 189 and make a left for Sossaman Road. Right on East Southern Ave. The property will be on the left.
  • Horses: No
  • Lot Size Acres: 1.27
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reog04
  • Co List Office Phone: 480-777-4500
  • Subdivision Name: NEC E SOUTHERN AVENUE & S HAWES ROAD
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: Partial
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 230.60x239.50x230.92x239.60
  • Lot Size Sq Ft: 55277.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 218-52-003
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4510.0
  • Tax Book Number: 218.00
  • Tax Lot: 2
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Nov 21, 2024
Sold by
K4k Llc
Bought by
Diesel Mack Properties Llc
Seller's Agent
Jason Miszuk
Realty ONE Group
Buyer's Agent
Steven Zalewski
Polly Mitchell Global Realty
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%
Original Mortgage
$445,000
Outstanding Balance
$443,321
Interest Rate
6.32%
Mortgage Type
Seller Take Back
Estimated Equity
$64,233

Purchase Details

Closed on
Apr 4, 2023
Sold by
Simoncre Alpha Iv Llc
Bought by
K4k Llc
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 $500,000 Navi Title Agency
Warranty Deed $500,000 Navi Title Agency
Quit Claim Deed -- Priority Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $445,000 Seller Take Back
Closed $445,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $600,000 +20.0% --
11/22/2024 11/22/24 Sold $500,000 -9.1% --
11/08/2024 11/08/24 Price Changed $550,000 0.0% --
11/08/2024 11/08/24 For Sale $550,000 0.0% --
08/15/2024 08/15/24 For Sale $550,000 -- --
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 $4,474 $45,539 $45,539 --
2024 $4,510 $43,371 $43,371 --
2023 $4,510 $50,145 $50,145 $0
2022 $4,417 $57,930 $57,930 $0
2021 $4,472 $57,930 $57,930 $0
2020 $4,414 $50,940 $50,940 $0
2019 $4,124 $50,355 $50,355 $0
2017 $5,083 $48,052 $48,052 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6743970

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-52-003