124 W 1st Street, Mesa, AZ 85201
$1,000,000
Property Type:
Residential
Bedrooms:
5
Baths:
3
Square Footage:
2,805
Lot Size (sq. ft.):
38,134
Status:
Closed
Current Price:
$1,000,000
Last Modified:
3/27/2025
Description
This property is a great opportunity for Investors. Has many potential opportunities in the downtown Mesa area. Features 3 detached units - 2 Bedroom / 1 Bath 575 SQFT, 2 Bedroom / 1 Bath 927 SQFT, 1 Bedroom / 1 Bath / Loft 1303 SQFT. The .875 Acre Lot allows for potential buildout of more. The Zoning is [DB-1] Downtown Business District 1 75%
[DR-2] Downtown Residence District 2 25%. Water well that has 2 - 3000 Gallon Tanks. Has ability to apply for Form Based Zoning. Near the new ASU Campus, Light Rail, Downtown Businesses and Restaurants. Located in Opportunity Zone.
More Information MLS# 6298281
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Sold Price: $1,000,000
Status: Closed
Current Price: $1,000,000
List Date: 2021-09-17
Location, Tax & Legal
Assessor's Map #: 34
Assessor's Parcel #: 7
Assessor Parcel Ltr: A
Tax Municipality: Mesa
Taxes: 3834
Map Code/Grid: Q39
House Number: 124
Compass: W
Street Name: 1st
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
County Code: Maricopa
Assessor Number: 138-34-007-A
Subdivision: MESA CITY ARIZONA
Tax Year: 2021
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Approx SQFT: 2805
Price/SqFt: 356.5
Approx Lot SqFt: 38134
Approx Lot Acres: 0.875
Flood Zone: TBD
Horses: N
Builder Name: Unknown
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Irving Elementary School
Jr. High School: Carson Junior High School
High School: Westwood High School
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 5
Total Bathrooms: 3
Year Built: 1912
Legal Info
Range: 5E
Section: 22
Township: 1N
Block: 4
Lot Number: 2
Special Listing Cond
N/A: 1
Construction
Steel Frame: 1
Brick: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Master Bathroom
Other (See Remarks): 1
Community Features
Near Light Rail Stop: 1
Dining Area
Breakfast Room: 1
Dining in LR/GR: 1
Heating
Electric: 1
Natural Gas: 1
Kitchen Features
None: 1
Cooling
Central Air: 1
Interior Features
See Remarks: 1
Laundry
Other: 1
Basement
Basement Y/N: N
Other Rooms
Loft: 1
Separate Den/Office
Sep Den/Office Y/N: N
Fencing
Other: 1
Water Source
City Water: 1
Private Well: 1
Exterior Features
Other: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 3
Total Covered Spaces: 3
Carport Spaces: 3
New Financing
Cash: 1
Conventional: 1
Owner May Carry: 1
Energy/Green Feature
Other (See Remarks): 1
Solar Panels
Ownership: Owned Outright
Utilities
City Electric: 1
City Gas: 1
Existing 1st Loan
Treat as Free&Clear: 1
Property Description
North/South Exposure: 1
Landscaping
Grass Front: 1
Grass Back: 1
Services
City Services: 1
Contact Info
List Agent Home Phn: 480-570-6739
Disclosures
Seller Discl Avail: 1
Possession
By Agreement: 1
Close of Escrow: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 1st Street & Center Street
Directions: Head West to W 1st Street located on the north side of street
Geo Lat: 33.417786
Geo Lon: -111.835097
Status Change Info
Off Market Date: 2021-11-09
Under Contract Date: 2021-10-25
Close of Escrow Date: 2021-11-19
Sold Price: $1,000,000
Property Features
Special Listing Cond: N/A
Master Bathroom: Other (See Remarks)
Spa: None
Community Features: Near Light Rail Stop
Dining Area: Dining in LR/GR; Breakfast Room
Kitchen Features: None
Laundry: Other
Other Rooms: Loft
Interior Features: See Remarks
Exterior Features: Other
Construction: Steel Frame; Brick
Const - Finish: Painted; Stucco
Roofing: Composition
Cooling: Central Air
Heating: Electric; Natural Gas
Utilities: City Electric; City Gas
Water Source: City Water; Private Well
Sewer: Sewer - Public
Services: City Services
Fencing: Other
Property Description: North/South Exposure
Landscaping: Grass Front; Grass Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Possession: By Agreement; Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; Owner May Carry
Disclosures: Seller Discl Avail
Listing Office:
JPAR Vantage
Last Updated: March - 27 - 2025
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