$1,000,000
Mesa, AZ 85201
MLS# 6235709
Status: Closed
5 beds | 2 baths
1 / 27
Property Description
11%+ Cap Rate. Investors only. The home has 10 bed residential group home certificate of occupancy. Home is leased to tenant / health care company. No showings without accepted LOI. Please do not disturb tenants and business operations. Home has backyard basement estimated 1400 sq ft that is not leased.
Details
Maps
Contract Information
Status Change Date: 2021-10-21
Sold Price: $700,000
Status: Closed
Current Price: $700,000
List Date: 2021-05-13
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: Q39
House Number: 1051
Compass: N
Street Name: GRAND
St Suffix: --
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 3413
Country: USA
County Code: Maricopa
Assessor's Map #: 20
Assessor's Parcel #: 14
Assessor Parcel Ltr: A
Assessor Number: 137-20-014-A
Legal Description (Abbrev): BEG 25F E & 247F N OF SW COR NE4 NW4 E 242F N 113 F W 102F N 49F W 140F S TO POB
Subdivision: None
Tax Municipality: Mesa
Taxes: 2631
Tax Year: 2020
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 5
# Bathrooms: 2
Approx SQFT: 2508
Price/SqFt: 279.1
Horses: N
Builder Name: unknown
Year Built: 1951
Approx Lot SqFt: 34195
Approx Lot Acres: 0.785
Pool: Private Only
Elementary School: Eisenhower Center For Innovation
Jr. High School: Mesa Junior High School
High School: Westwood High School
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Remarks & Misc
Cross Street: Country Club and Brown
Geo Lat: 33.434132
Geo Lon: -111.835151
Status Change Info
Off Market Date: 2021-09-27
Under Contract Date: 2021-06-23
Close of Escrow Date: 2021-10-20
Sold Price: $700,000
Legal Info
Township: 1N
Range: 5E
Section: 15
Lot Number: Meets and Bounds
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Items Updated
Wiring Yr Updated: 2014
Wiring Partial/Full: Partial
Roof Yr Updated: 2012
Roof Partial/Full: Full
Kitchen Yr Updated: 2014
Kitchen Partial/Full: Partial
Bath(s) Yr Updated: 2012
Bath(s) Partial/Full: Partial
Pool Yr Updated: 2014
Pool Partial/Full: Partial
Parking Spaces
Slab Parking Spaces: 4
Sold Info
Loan Type: Cash
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession to Seller: 3
Buyer Concession $/%: %
Seller Concession to Buyer: 3
Seller Concession $/%: %
Property Features
Special Listing Cond: N/A
Add'l Property Use: Res/Business Use Ok
Architecture: Ranch
Master Bathroom: 3/4 Bath Master Bdrm
Fireplace: 1 Fireplace
Flooring: Carpet; Laminate; Vinyl
Pool Features: Private; Fenced
Spa: None
Dining Area: Eat-in Kitchen; Dining in FR
Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Pantry; Non-laminate Counter
Laundry: Wshr/Dry HookUp Only
Other Rooms: Family Room; Bonus/Game Room; Separate Workshop
Technology: Cable TV Avail; High Speed Internet Available
Exterior Features: Childrens Play Area; Covered Patio(s); Pvt Yrd(s)/Crtyrd(s); Storage; Other
Construction: Block; Brick
Const - Finish: Painted; Brick Trim/Veneer
Roofing: Comp Shingle
Cooling: Refrigeration; Ceiling Fan(s)
Heating: Electric
Utilities: SRP
Water: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Partial
Landscaping: Grass Front; Grass Back; Irrigation Front
Showing Notification Methods: Phone Call
Lockbox Type: None
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Treat as Free&Clear
New Financing: VA; FHA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: JK Realty
Last Updated: February - 17 - 2023
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