historic downtown mesa 5 bedroom home for sale

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PROPERTY REPORT 724 W MAIN Street PREPARED FOR Mesa Real Estate News & Information MAY 23, 2012 Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 | [email protected]

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Historic 1915 Home on at 742 W. Main Street goes up for sale.

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Cloud CMA

PROPERTY REPORT

724 W MAIN Street

PREPARED FOR

Mesa Real Estate News & InformationMAY 23, 2012

Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 |[email protected]

INTRO

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Matt TolmanSolutions Real Estate

Address 2353 E. Baseline Road, Gilbert, AZ 85234Mobile 480-848-4165E-mail [email protected]

Cloud CMA

CONTACT ME

Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 |[email protected]

MLS #4668115Cloud CMA

PROPERTY DETAILS

$495,000724 W MAIN Street

Courtesy of Token Properties, LLCLISTING INFORMATIONMLS#: 4668115 Beds: 5 Sq Ft: 2,647 List Date: 10/25/2011Status: Active Baths: 2.00 Year Built: 1915 DOM: 211

FEATURESSpecial Conditions: N/A; Garage: County Assessor; Parking: RV Parking,Unassigned Parking;Taxes: 913.00; Carport Spaces: 0.00; Flooring: Carpet,Wood,Vinyl; Interior Features: Fix-UpNeeds Repair; Spa: None; Cross Street: Main St. & Extension; Subdivision: Mesa; SlabParking Spaces: 0.00; Cooling: Window/Wall Unit; Heating: Electric Heat; Lotsize: 18,001 -24,000; Garage Spaces: 0.00; Pool: No Pool; Roof: Comp Shingle; Map Code: Q35;

REMARKSBoth Residential & Commercial possibilities! Value is in the land C-3 Zoning with Residential use,grandfathered in. Home built 1915 on 12,000 SF lot directly on Main St. new light rail to run in front.Numerous uses: Medical, Attorney, Restaurnat, Bed & Breakfast, reception center, multifamily orcommercial retail shop. Make offer, owner may carry with reasonable down. Vacant C-3 contiguouslot included, (10,400 SF)

Source: ARMLSInformation is deemed reliable but not guaranteed.

Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 |[email protected]

MLS #4668115Cloud CMA

LISTING PHOTOS

$495,000724 W MAIN Street

Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 |[email protected]

MLS #4668115Cloud CMA

MORE LISTING PHOTOS

$495,000724 W MAIN Street

Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 |[email protected]

COMMUNITYCloud CMA

THE NEIGHBORHOOD

$495,000724 W MAIN Street

60 out of 100 - Somewhat Walkable

Who Lives Here?Stable Nuclears - Higher-income urban family. Middle-age couples with children, pulling in combined householdincomes nearing six figures. Most own their own homes. Some have a college education and work in a variety ofoccupations, including management-level positions.

Home of the Brave - Military veterans. These people have served in the armed forces. People who are militaryveterans.

Golden Years - Seniors over 65 who live in the city. Most own their own home and have a low to moderateincome. Most have a high school education or lower, while some have a college education.

Suburban Retirees - Seniors over 65 who live in the suburbs. These seniors are living out their retirement yearsin suburbia. Most own their homes, and some have college degrees.

Wide Open Foyers - Suburban families living in large houses. These well-off married couples with children owntheir own homes, and the homes are bigger than average. Age ranges from the mid-30s to the upper 50s. Mostare highly educated professionals, many with advanced degrees.

See more Mesa real estate information at Zillow.com.

Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 |[email protected]

COMMUNITYCloud CMA

AREA SCHOOLS

$495,000724 W MAIN Street

School Type Phone DistanceConcordia Charter School Charter/K-3 (480) 461-0555 0.28 miEmerson Elementary School Public/K-6 (480) 472-0200 0.62 miCarson Junior High School Public/7-9 (480) 472-0200 0.71 miGuerrero Elementary School Public/K-6 (480) 472-0200 0.80 miQueen of Peace Catholic School Private/PK, K-8 (480) 969-0226 0.92 mi

Dobson-Montessori SchoolPrivate,

Montessori/PK,K-8

(480) 962-1432 0.96 mi

Westwood High School Public/10-12 (480) 472-0200 1.01 miHeritage Academy Charter/7-12 (480) 969-5641 1.05 miMesa Arts Academy Charter/K-8 (480) 844-3965 1.12 miPowell Junior High School Public/7-9 (480) 472-0200 1.17 miFranklin West Elementary School Public/K-6 (480) 472-0200 1.21 miEvit - Tempe High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - McClintock High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - Marcos de Niza High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - Corona Del Sol High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - Mountain Pointe High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - Desert Vista High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - Mesa High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - Westwood High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - Mountain View High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - Dobson High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - Red Mountain High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - Skyline High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - East Valley Institute of Technology Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - Tempe Auto High School Voc/Tech/10-12 (480) 461-4000 1.27 miEvit - Apache Junction High School Voc/Tech/9-12 (480) 461-4000 1.27 miEvit - Queen Creek High School Voc/Tech/9-12 (480) 461-4000 1.27 mi

Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 |[email protected]

Data provided by

Evit - Hamilton High School Voc/Tech/10-12 (480) 461-4000 1.27 miEvit - Perry High School Voc/Tech/10-12 (480) 461-4000 1.27 miEvit - Williams Field High School Voc/Tech/9-12 (480) 461-4000 1.27 miPinnacle High School - Mesa Charter/9-12 (480) 668-5003 1.29 miRedbird Elementary School Public/K-6 (480) 472-0200 1.31 miWhittier Elementary School Public/PK, K-6 (480) 472-0200 1.39 miSundown High School Public/9-12 (480) 472-3575 1.39 miCrossroads School Public/5-12 (480) 472-0200 1.40 mi

See more information on Mesa schools from Education.com.©Education.com, Inc. 2010. Use is subject to Terms of Service.

Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 |[email protected]

COMMUNITYCloud CMA

AREA RESTAURANTS

$495,000724 W MAIN Street

Name Type Distance Rating

Pho Ao Sen Vietnamese 3.1 mi 145 reviews

Royal Taj Indian, Buffets 3.5 mi 70 reviews

India Oven Indian, Buffets 3.8 mi 105 reviews

Green Vegetarian, Vegan 5.3 mi 429 reviews

Café Monarch American (New) 7.3 mi 174 reviews

FnB Gastropubs, American (New) 7.4 mi 182 reviews

Marcellino Ristorante Italian 7.4 mi 86 reviews

Petite Maison French 7.5 mi 193 reviews

Modern Steak Steakhouses, American (New) 7.6 mi 187 reviews

Alessia's Ristorante Italiano Italian 7.6 mi 41 reviews

Orange Sky American (New) 8.6 mi 58 reviews

Hiro Sushi Japanese, Sushi Bars 11.0 mi 155 reviews

Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 |[email protected]

VALUATIONCloud CMA

RECENT NEARBY SALES

$495,000724 W MAIN Street

Address Beds Baths SqFt Year Built Sold Price Sold Date447 W Mahoney Ave 2.0 1,248 1940 $25,000 03/21/2012638 W 2nd Ave 3 2.0 1,002 1957 $46,000 02/22/2012625 S Westwood UNIT 194 2 2.0 1,118 1986 $37,500 11/28/2011516 W Del Campo Ave 4 2.5 1,652 1979 $76,000 01/05/2012454 W 9th St 3 3.0 1,887 1957 $27,500 03/02/2012907 W Mountain View Dr 2.0 2,505 1961 $183,000 03/23/2012947 W 10th Pl 1,704 1960 $130,000 03/07/2012835 W 10th Pl 3 2.0 2,086 1961 $153,000 01/26/2012912 W 11th St 2.0 1,722 1960 $144,000 03/16/20121060 W 10th Pl 4 2.5 2,485 1970 $144,000 04/20/2012961 N Nina Dr 3 2.0 2,022 1959 $113,000 04/20/2012640 N Orange 2.5 2,017 1952 $103,000 03/08/20121006 W 7th St 5 3.0 1,784 1955 $27,000 12/08/20111123 W 7th St 3 2.0 1,402 1956 $88,000 03/19/20121048 W 6th Pl 3 2.0 1,179 1955 $62,000 04/27/2012

Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 |[email protected]

VALUATIONCloud CMA

ONLINE VALUATION ESTIMATE

$495,000724 W MAIN Street

$226,692 - $541,542Range:$030 day change:

05/01/2012Last updated:

$419,800Zestimate:

See more graphs and data on Zillow.com

Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 |[email protected]

MORTGAGECloud CMA

LOAN SCENARIOS

$495,000724 W MAIN Street

3% Down ($14,850) APR Principal + Interest Tax Insurance Total30 year fixed 3.62% $2,187 $76 $53 $2,31615 year fixed 2.92% $3,298 $76 $53 $3,4275/1 ARM 2.92% $1,928 $76 $53 $2,057

10% Down ($49,500) APR Principal + Interest Tax Insurance Total30 year fixed 3.62% $2,029 $76 $53 $2,15815 year fixed 2.92% $3,060 $76 $53 $3,1895/1 ARM 2.92% $1,789 $76 $53 $1,918

15% Down ($74,250) APR Principal + Interest Tax Insurance Total30 year fixed 3.62% $1,916 $76 $53 $2,04515 year fixed 2.92% $2,890 $76 $53 $3,0195/1 ARM 2.92% $1,690 $76 $53 $1,819

20% Down ($99,000) APR Principal + Interest Tax Insurance Total30 year fixed 3.62% $1,804 $76 $53 $1,93315 year fixed 2.92% $2,720 $76 $53 $2,8495/1 ARM 2.92% $1,590 $76 $53 $1,719

* Insurance is being estimated based on the zip code of this property. Tax comes from the MLS data for this listing.

Matt Tolman | Solutions Real Estate | 2353 E. Baseline Road, Gilbert, AZ 85234 | Mobile: 480-848-4165 |[email protected]