NOT LISTED FOR SALE
-- Bed
-- Bath
5,312 Sq Ft
1.04 Acres

Last Sold January 15, 2018

Last sale price $1,225,000 $231 Per Sq Ft

335 Days on Market

Highlights

  • 1.04 Acre Lot
  • Display Windows
  • Concrete Flooring
  • Community Kitchen
  • Central Air

About This Home

As of January 2018

Fully fixturized BBQ restaurant and bar. All FF&E included in sale with the exception of memorabilia. Large patio and high production kitchen. Several commercial hoods allow for a wide variety of food production. High traffic location in the busy Mesa Grand shopping center. Seller MOTIVATED and reviewing all offers. WILL NOT LAST - Call listing agent to arrange for tour. Do not disturb employees. Complete equipment list available upon request. Rare fee simple property.

Last Agent to Sell the Property

Jon Hammond

Keller Williams Realty Sonoran Living License #SA555889000 Listed on: 11/30/2016

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $21,864

Year Built

  • Built in 1999

Lot Details

  • 1.04 Acre Lot
  • Property is zoned LI

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 5,312 Sq Ft Home
  • Display Windows
  • Concrete Flooring

Parking

  • 120 Open Parking Spaces
  • 120 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System

Community Details

  • Mesa Grand Subdivision
  • Community Kitchen
  • Operating Expense $40,464

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 139-10-007

Property Details

Property Type

Other

Est. Annual Taxes

$21,864

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Cross Street: Stapley and US 60
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: LI
  • Number Of Buildings: 1
  • Year Built: 1999
  • Tax Year: 2016
  • Directions: South of US 60 on Stapley 1 Block. Enter Mesa Grand Shopping Center on East side of the center.
  • Lot Size Acres: 1.04
  • Road Surface Type: Asphalt
  • Subdivision Name: MESA GRAND
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Stucco
  • Roof: Tile
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 120.0
  • Total Parking Spaces: 120.0
  • General Property Description:Uncvrd Parking Spcs: 120.0
  • General Property Description:Total Parking Spcs: 120.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Over 220 Amp, SRP
  • Cooling: Heat Pump, Central A/C
  • Heating: Heat Pump, 2 or More Units
  • Green Building Features: Kitchen, Display Window(s)
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size Sq Ft: 45302.0
  • Parcel #: 139-10-007
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 40464.0

Tax Info

  • Tax Annual Amount: 21864.0
  • Tax Book Number: 139.00
  • Tax Lot: 2
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2016
Closed on
Jan 12, 2018
Sold by
Piggly S At The Fair Llc
Bought by
Papa Loca Properties Llc
Seller's Agent
Jon Hammond
Keller Williams Realty Sonoran Living
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,349,000
Sold Price
$1,225,000
Premium/Discount to List
-$124,000
-9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Outstanding Balance
$1,202,531
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 30, 2017
Sold by
Sawyers Janine Eva
Bought by
Pigglys At The Fair Llc

Purchase Details

Closed on
Sep 9, 2014
Sold by
Maple Leaf Llc
Bought by
Jj & Sons Concessions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2012
Sold by
Jaybrick Llc
Bought by
Maple Leaf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2012
Sold by
Uno Grand Inc
Bought by
Jaybrick Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2000
Sold by
Vestar Arizona Xvii Llc
Bought by
Uno Grand Inc
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
Papa Loca Properties Llc $1,200,000 First American Title
Pigglys At The Fair Llc -- Chicago Title Agency Inc
Sawyers Janine Eva -- Chicago Title Agency
Jj & Sons Concessions Llc -- Magnus Title Agency
Maple Leaf Llc -- None Available
Jaybrick Llc $775,000 First American Title Insuran
Uno Grand Inc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papa Loca Properties Llc $1,425,000
Previous Owner Jj & Sons Concessions Llc $600,000
Previous Owner Jaybrick Llc $581,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2018 01/15/18 Sold $1,225,000 -9.2% $231 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $1,349,000 +10.1% $254 / Sq Ft
10/01/2017 10/01/17 Off Market $1,225,000 -- --
07/11/2017 07/11/17 Price Changed $1,349,000 -10.1% $254 / Sq Ft
07/11/2017 07/11/17 For Sale $1,500,000 +22.4% $282 / Sq Ft
07/01/2017 07/01/17 Off Market $1,225,000 -- --
11/22/2016 11/22/16 For Sale $1,500,000 -- $282 / 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 $21,982 $247,043 -- --
2024 $22,782 $242,631 -- --
2023 $22,782 $330,531 $141,015 $189,516
2022 $22,925 $351,698 $178,098 $173,600
2021 $24,898 $360,036 $183,186 $176,850
2020 $24,487 $376,542 $199,548 $176,994
2019 $22,902 $249,552 $104,904 $144,648
2018 $21,934 $227,916 $85,590 $142,326
2017 $21,284 $256,374 $79,254 $177,120
2016 $21,864 $233,676 $70,758 $162,918
2015 $20,601 $207,126 $77,811 $129,315
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5530337

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-10-007