Sold May 16, 2022
$28,000,000
Seller
$15,000,000
by Arbor Commercial Funding I Llc
Mortgage
Sold Jan 08, 2020
$11,600,000
Buyer
$900,000
by Arbor Commercial Funding Llc
Mortgage
1248 South Vineyard has been categorized by the local assessors in Mesa, AZ as a residential type of property.
The building on the property was first built in 1971 and is 53 years old.
However, we must point out that the home was most recently renovated and altered in 1980.
The building has a total of 2 stories.
In addition, 1248 South Vineyard has 77,276 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 156,075 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 13,608 sqft. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of concrete. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1248 South Vineyard was last sold in Apr 29, 2022 for $28,000,000. According to our calculations, that's $362.34 per sqft. Prior to that sales transaction, the property was sold for $11,600,000 in Jan 8, 2020. Current property owners are expected to pay $30,607 in taxes per year. The property on 1248 South Vineyard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,386,730. To break that down further, the land itself was valued at $277,340. While improvements to the property were assessed at a total of $1,109,390. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 13,608 sqft. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of concrete. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1248 South Vineyard was last sold in Apr 29, 2022 for $28,000,000. According to our calculations, that's $362.34 per sqft. Prior to that sales transaction, the property was sold for $11,600,000 in Jan 8, 2020. Current property owners are expected to pay $30,607 in taxes per year. The property on 1248 South Vineyard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,386,730. To break that down further, the land itself was valued at $277,340. While improvements to the property were assessed at a total of $1,109,390. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.