NOT LISTED FOR SALE

849 E Main St Mesa, AZ 85203

Fraser Fields Neighborhood
-- Bed
-- Bath
4,140 Sq Ft
9,528 Sq Ft Lot

Last Sold October 28, 2015

Last sale price $145,000 $35 Per Sq Ft

75 Days on Market

Highlights

  • Central Air
  • Partially Fenced Property
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2015

RETAIL BUILDING FOR SALE IN DOWNTOWN MESA AT ONLY $48 PSF!!! 1,800 SF currently leased on month-to-month lease. Zoning: LC (City of Mesa). 8 private spaces with ample street parking. Near Valley Metro Light Rail. Close to numerous retail and restaurant amenities in Downtown Mesa. 3 mile radius demographics: Population: 175,105; Median Age: 32.3; Average Household Income: $52,227.

Last Agent to Sell the Property

David Genovese

Avison Young License #BR032969000 Listed on: 08/01/2015

Last Buyer's Agent

David Genovese

Avison Young License #BR032969000 Listed on: 08/01/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,619

Year Built

  • Built in 1961

Lot Details

  • 9,528 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned LC

Home Design

  • 4,140 Sq Ft Home
  • Tilt Up Walls
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Moore Acres Subdivision
  • Operating Expense $2,619

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 138-18-036

Property Details

Property Type

Other

Est. Annual Taxes

$2,619

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: E/SEC E. Main Street & S. Horne Avenue.
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: LC
  • Current Use: Retail, Office
  • Number Of Buildings: 1
  • Year Built: 1961
  • Tax Year: 2015
  • Lot Size Acres: 0.22
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Moore Acres
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Partial
  • Construction Type: Tilt-Up, Block
  • Roof: Other, See Remarks
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Public Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 9528.0
  • Additional Parcels: No
  • Parcel #: 138-18-036
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2619.0
  • Leasable Area: 4140.0

Tax Info

  • Tax Annual Amount: 2619.0
  • Tax Book Number: 138.00
  • Tax Lot: 2
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2016
Sold by
Shreeve Daniel J and Shreeve Lindsay
Bought by
Remy Holdings Llc

Purchase Details

Listed on
Aug 1, 2015
Closed on
Oct 22, 2015
Sold by
Wells Fargo Bank Na
Bought by
Shreeve Daniel J and Shreeve Lindsay
Seller's Agent
David Genovese
Avison Young
Buyer's Agent
David Genovese
Avison Young
List Price
$200,000
Sold Price
$145,000
Premium/Discount to List
-$55,000
-27.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2015
Sold by
Shirazi Ahmad and Shirazi Azita
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 13, 2013
Sold by
Shirazi Ahmad and Shirazi Azita
Bought by
Shirazi Azita and The Azita Shirazi Revocable Trust

Purchase Details

Closed on
Dec 18, 2007
Sold by
851 E Main Street Llc
Bought by
Shirazi Ahmad and Shirazi Azita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2003
Sold by
Walters Ronald E and Smith Wayne
Bought by
851 E Main Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2003
Sold by
Smith Kathryn
Bought by
Smith Wayne

Purchase Details

Closed on
Feb 4, 2003
Sold by
Kramer Jamie
Bought by
Walters Ronald E and Smith Wayne

Purchase Details

Closed on
Mar 25, 1998
Sold by
Lamb Michael D and Lamb Lorie L
Bought by
Kramer Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 20, 1997
Sold by
Pansing Nicholas W and Pansing Connie J B
Bought by
Lamb Michael D and Lamb Lorie L

Purchase Details

Closed on
Jan 2, 1997
Sold by
Rabe Steven G
Bought by
Pansing Nicholas W and Pansing Connie J B

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
7.46%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Remy Holdings Llc -- None Available
Shreeve Daniel J $145,000 Driggs Title Agency Inc
Wells Fargo Bank Na $154,101 None Available
Shirazi Azita -- None Available
Shirazi Ahmad $580,000 Empire Title Agency Az Llc
851 E Main Street Llc -- Stewart Title & Tr Phoenix
Smith Wayne -- Stewart Title & Trust
Walters Ronald E -- Stewart Title & Trust
Walters Ronald E $200,000 Stewart Title & Trust
Kramer Jamie $180,000 Ati Title Agency
Lamb Michael D $123,000 Chicago Title Insurance Co
Pansing Nicholas W $115,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shreeve Daniel J $108,500
Previous Owner Shirazi Ahmad $410,000
Previous Owner 851 E Main Street Llc $240,000
Previous Owner Kramer Jamie $140,000
Previous Owner Pansing Nicholas W $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2015 10/28/15 Sold $145,000 -27.5% $35 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $200,000 -- $48 / 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 $2,876 $29,153 -- --
2024 $3,065 $28,633 -- --
2023 $3,065 $47,430 $20,808 $26,622
2022 $3,090 $44,871 $20,353 $24,518
2021 $3,217 $45,486 $20,934 $24,552
2020 $3,175 $36,252 $18,018 $18,234
2019 $2,967 $33,732 $16,434 $17,298
2018 $2,848 $30,780 $13,842 $16,938
2017 $2,763 $24,534 $12,816 $11,718
2016 $2,711 $23,868 $11,142 $12,726
2015 $2,619 $22,589 $9,898 $12,691
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Genovese

    Avison Young

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5314877

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-18-036

Arizona Maricopa County Mesa 85203 Fraser Fields

849 E Main St, Mesa, AZ

Not Listed for Sale

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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