V
Seller's Agent in 2015
Vince Davis
West USA Realty
(480) 720-4040
46 Total Sales
1006 E 2nd St Mesa, AZ 85203
Fraser Fields NeighborhoodEstimated Value: $330,856 - $488,000
--
Bed
--
Bath
713
Sq Ft
$610/Sq Ft
Est. Value
Highlights
- RV or Boat Parking
- 3 Car Attached Garage
- Community Playground
- Franklin at Brimhall Elementary School Rated A
- Multiple cooling system units
- Community Barbecue Grill
About This Home
As of May 2015Easy to rent, and 6.4 cap rate at asking! Very stable tenants, all of whom want to stay (no current vacancies, and some of the occupants have lived on the property for years). No community utility bills except for water/sewer/trash. This is a great little cash cow in the heart of Mesa with some really attractive features. Gated covered parking! Separate storage lockers for each unit! Quiet corner lot! Two of the three units upgraded within the last 2 years! Nice big yard that the tenants can use to extend their living space. Solid, block construction.
Last Agent to Sell the Property
West USA Realty License #BR103210000 Listed on: 03/07/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $845
Year Built
- Built in 1970
Lot Details
- 7,536
Home Design
- Composition Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 3 Car Attached Garage
- Common or Shared Parking
- Free Parking
- On-Street Parking
- RV or Boat Parking
- Assigned Parking
Schools
- Edison Elementary School
- Kino Junior High School
- Westwood High School
Utilities
- Multiple cooling system units
- Multiple Heating Units
- Individual Controls for Heating
- Master Water Meter
Additional Features
- Ceiling Fan
- Property fronts an alley
Listing and Financial Details
- Tenant pays for gas, electricity, cable TV, landscaping
- The owner pays for trash collection, water, sewer
- Tax Lot 47
- Assessor Parcel Number 138-20-118
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are Irregular
- Suburban Gardens 2 Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Community Playground
Building Details
- Operating Expense $5,605
- Gross Income $17,820
- Net Operating Income $11,239
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2015
Closed on
May 13, 2015
Sold by
Nelson Don and Nelson Melinda
Bought by
Hill Tyson and Hill Alyse
Seller's Agent
Vince Davis
West USA Realty
Buyer's Agent
Cheryl Lindblom
eXp Realty
List Price
$175,000
Sold Price
$152,500
Premium/Discount to List
-$22,500
-12.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,452
Avg. Annual Appreciation
10.98%
Original Mortgage
$106,750
Outstanding Balance
$83,270
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$365,631
Purchase Details
Closed on
May 21, 2012
Sold by
Acv Enterprises Llc
Bought by
Nelson Don and Nelson Melinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.91%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 29, 2012
Sold by
Castro Cecilio Villa
Bought by
Acv Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.91%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 17, 2007
Sold by
Castro Martha Villa
Bought by
Castro Cecilio Villa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.26%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Nov 1, 2000
Sold by
Crozier Robert W and Crozier Lee
Bought by
Castro Cecilio Villa and Castro Martha Villa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
7.82%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 17, 1995
Sold by
Flashberg Esther A Lederman
Bought by
Crozier Robert W and Crozier Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.63%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hill Tyson | $152,500 | Driggs Title Agency Inc | |
| Nelson Don | -- | None Available | |
| Acv Enterprises Llc | $110,000 | None Available | |
| Castro Cecilio Villa | -- | Equity Title Agency Inc | |
| Castro Cecilio Villa | $130,000 | Capital Title Agency | |
| Crozier Robert W | $50,000 | Transamerica Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hill Tyson | $106,750 | |
| Previous Owner | Castro Cecilio Villa | $110,000 | |
| Previous Owner | Castro Cecilio Villa | $110,500 | |
| Previous Owner | Crozier Robert W | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2015 05/19/15 | Sold | $152,500 | -12.9% | $214 / Sq Ft |
| 04/14/2015 04/14/15 | Pending | -- | -- | -- |
| 03/07/2015 03/07/15 | For Sale | $175,000 | -- | $245 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,008 | $10,266 | -- | -- |
| 2024 | $1,016 | $9,777 | -- | -- |
| 2023 | $1,016 | $34,670 | $6,930 | $27,740 |
| 2022 | $995 | $26,520 | $5,300 | $21,220 |
| 2021 | $1,007 | $22,220 | $4,440 | $17,780 |
| 2020 | $994 | $20,250 | $4,050 | $16,200 |
| 2019 | $929 | $17,200 | $3,440 | $13,760 |
| 2018 | $891 | $15,350 | $3,070 | $12,280 |
| 2017 | $865 | $12,780 | $2,550 | $10,230 |
| 2016 | $849 | $11,980 | $2,390 | $9,590 |
| 2015 | $798 | $10,500 | $2,100 | $8,400 |
Source: Public Records
Agents Affiliated with this Home
-
Vince Davis
-
Nicole Drew
Seller Co-Listing Agent in 2015
Nicole Drew
Realty85
(480) 385-9107
1 in this area
82 Total Sales
-
Cheryl Lindblom
Buyer's Agent in 2015
Cheryl Lindblom
eXp Realty
(480) 204-3392
81 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5246956
APN: 138-20-118
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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