NOT LISTED FOR SALE

1008 E Broadway Rd Mesa, AZ 85204

Fraser Fields Neighborhood

Estimated Value: $634,000 - $674,000

-- Bed
-- Bath
2,688 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $400,000 $149 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,539/month

Highlights

  • Wood Flooring
  • Cooling Available
  • No Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of July 2021

Come check out this investment property.

Last Agent to Sell the Property

Shanna Day

Keller Williams Realty East Valley License #SA629265000 Listed on: 07/19/2021

Co-Listed By

David Cline

Keller Williams Integrity First License #SA633307000

Last Buyer's Agent

Shanna Day

Keller Williams Realty Phoenix License #SA629265000

Keller Williams Realty Phoenix

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,135

Year Built

  • Built in 1982

Lot Details

  • 7,144

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Free Parking

Schools

  • Lowell Elementary School - Mesa
  • Kino Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV
  • Legal Lot and Block 3 / 3
  • Assessor Parcel Number 138-15-125-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are 86x79
  • New High Subdivision

Building Details

  • Operating Expense $1,135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,135

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Stapley & Broadway
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2020
  • Road Surface Type: Dirt, Concrete
  • Co List Office Mls Id: kwevt01
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: NEW HIGH SUBDIVISION
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Free, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise, Individual Meter
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Lowell Elementary School - Mesa
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 86x79
  • Additional Parcels: No
  • Parcel #: 138-15-125-B

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1135.0

Tax Info

  • Tax Annual Amount: 1135.0
  • Tax Block: 3
  • Tax Book Number: 138.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Jul 30, 2021
Sold by
Dela Cruz Jose
Bought by
Dela Cruz Mario and De La Cruz
Seller's Agent
Shanna Day
Keller Williams Realty East Valley
Buyer's Agent
Shanna Day
Keller Williams Realty Phoenix
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$652,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,000
Avg. Annual Appreciation
11.89%
Original Mortgage
$300,000
Outstanding Balance
$272,915
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$379,085

Purchase Details

Closed on
Jul 8, 2004
Sold by
Reichard Charles R and Reichard Virginia
Bought by
Delacruz Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 26, 2001
Sold by
Reichard Charles R and Reichard Virginia Lee
Bought by
Reichard Charles R and Reichard Virginia

Purchase Details

Closed on
Jul 15, 1997
Sold by
Reichard Charles R and Reichard Virginia
Bought by
Reichard Charles R and Reichard Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,970
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 1997
Sold by
Reichard Charles R and Reichard Virginia
Bought by
Reichard Charles R and Reichard Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,970
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dela Cruz Mario $400,000 United Title Agency
Delacruz Jose $175,000 Equity Title Agency Inc
Reichard Charles R -- First Southwestern Title
Reichard Charles R -- First Southwestern Title
Reichard Charles R -- Chicago Title Insurance Co
Reichard Charles R -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Cruz Mario $300,000
Previous Owner Delacruz Jose $127,500
Previous Owner Reichard Charles R $74,970
Closed Delacruz Jose $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $400,000 0.0% $149 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $400,000 -- $149 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,156 $11,720 -- --
2024 $1,160 $11,162 -- --
2023 $1,160 $42,520 $8,500 $34,020
2022 $1,136 $32,750 $6,550 $26,200
2021 $1,150 $26,010 $5,200 $20,810
2020 $1,135 $23,280 $4,650 $18,630
2019 $1,060 $19,570 $3,910 $15,660
2018 $1,018 $17,500 $3,500 $14,000
2017 $987 $14,830 $2,960 $11,870
2016 $969 $14,060 $2,810 $11,250
2015 $911 $12,300 $2,460 $9,840
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shanna Day

    Keller Williams Realty East Valley

  • D

    Seller Co-Listing Agent in 2021

    David Cline

    Keller Williams Integrity First

    (480) 241-7141

    2 in this area

    138 Total Sales

    David Cline
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6266655

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-15-125B

Arizona Maricopa County Mesa 85204 Fraser Fields

1008 E Broadway Rd, Mesa, AZ

Not Listed for Sale

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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