Seller's Agent in 2022
Melvyn Johnson
HomeSmart
(602) 469-3935
1 in this area
14 Total Sales
922 N Gilbert Rd Mesa, AZ 85203
North Central Mesa NeighborhoodEstimated Value: $720,453
--
Bed
1
Bath
3,928
Sq Ft
$183/Sq Ft
Est. Value
Highlights
- 0.85 Acre Lot
- Meeting Room
- Concrete Flooring
- Franklin at Brimhall Elementary School Rated A
- Cooling System Mounted To A Wall/Window
- Wood Fence
About This Home
As of July 2022A great location for any type of school, church, business or medical campus! It's so easy and convenient to get to for any purpose. It IS unique and its 4 buildings, and 9 units are set in almost an acre of lush garden park paradise! You, your employee and staff, clients or students will LOVE being here! Fully rented the property has generated over $3,000. a month and tenants' leases have been terminated to leave the property vacant for the new owner. Rents can now rise to where they actually should be in today's market. Nearly 4,000. square feet should rent for double that and more! The property has been the campus of a charter school for the past two years. This could be a beautiful religious headquarter or retreat. 9 citrus tree and a fig tree.
Property Details
Property Type
- Other
Est. Annual Taxes
- $4,904
Year Built
- Built in 1957
Lot Details
- 0.85 Acre Lot
- Wood Fence
- Wire Fence
- Property is zoned C-O
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 3,928 Sq Ft Home
- Concrete Flooring
Parking
- 16 Open Parking Spaces
- 16 Parking Spaces
- Public Parking
- Paved Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Heating Available
Listing and Financial Details
- Tax Lot 001
- Assessor Parcel Number 137-02-001-F
Community Details
Overview
- 4 Buildings
- Building Dimensions are 1480x250
Amenities
- Meeting Room
- Reception Area
Building Details
- Operating Expense $12,904
- Gross Income $72,000
- Net Operating Income $58,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 26, 2024
Sold by
Astle Family Trust and Astle Dane
Bought by
Dga Properties Llc
Total Days on Market
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,474
Outstanding Balance
$643,934
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$76,519
Purchase Details
Listed on
Jun 6, 2022
Closed on
Jul 28, 2022
Sold by
Crandall Frederick L
Bought by
Astle Family Trust
Seller's Agent
Melvyn Johnson
HomeSmart
Buyer's Agent
Melvyn Johnson
HomeSmart
List Price
$1,200,000
Sold Price
$740,000
Premium/Discount to List
-$460,000
-38.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.97%
Purchase Details
Closed on
Nov 14, 2016
Sold by
Crandall Frederick L and Crandall Melody A
Bought by
Crandall Frederick L and Crandall Melody A
Purchase Details
Closed on
Mar 8, 1999
Sold by
Crandall Frederick L and Crandall Melody A
Bought by
City Of Mesa
Purchase Details
Closed on
Oct 19, 1998
Sold by
Wilson Gary and Wilson Deva Lea
Bought by
Crandall Frederick L and Crandall Melody A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.6%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dga Properties Llc | -- | Pioneer Title Agency | |
| Astle Family Trust | $740,000 | Equitable Title | |
| Crandall Frederick L | -- | None Available | |
| City Of Mesa | -- | -- | |
| Crandall Frederick L | $140,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dga Properties Llc | $667,474 | |
| Previous Owner | Crandall Frederick L | $126,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2022 07/29/22 | Sold | $740,000 | -38.3% | $188 / Sq Ft |
| 07/07/2022 07/07/22 | Pending | -- | -- | -- |
| 06/04/2022 06/04/22 | For Sale | $1,200,000 | -- | $305 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $4,498 | $44,436 | -- | -- |
| 2024 | $4,672 | $43,643 | -- | -- |
| 2023 | $4,672 | $71,349 | $42,959 | $28,390 |
| 2022 | $4,710 | $68,338 | $43,750 | $24,588 |
| 2021 | $4,904 | $68,400 | $45,000 | $23,400 |
| 2020 | $4,840 | $69,678 | $32,130 | $37,548 |
| 2019 | $4,522 | $57,438 | $28,854 | $28,584 |
| 2018 | $4,340 | $57,438 | $29,574 | $27,864 |
| 2017 | $4,211 | $40,968 | $27,396 | $13,572 |
| 2016 | $4,133 | $37,098 | $24,444 | $12,654 |
| 2015 | $3,992 | $31,543 | $19,055 | $12,488 |
Source: Public Records
Agents Affiliated with this Home
-
Melvyn Johnson
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6412036
APN: 137-02-001F
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.
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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