NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
1983 Built

Last Sold September 30, 2022

Last sale price $450,000

73 Days on Market

Highlights

  • Sport Court
  • Cooling Available
  • No Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of September 2022

Looking for your next investment property? Then this is the one! A total of 6 spaces this little money maker is ready for a new owner. 5 current spaces are occupied, 2 doublewides and 3 singlewides tenant owned. Opportunity waits for the 6th space, could be a new doublewide to sell or rent, or a tiny house if that is what you prefer, the space is empty and ready to roll! Monthly rents are rented at $500 to $525, includes water & trash. This property has 2 septic systems and sits on over 34000 sq ft of land in a prime location in Mesa. Close to the 202 and this is very clean & well-kept park with great surroundings, nice landscaping and low maintenance. Call today for more details. Drive-by only, please do not disturb the tenants.

Last Agent to Sell the Property

Jeanie Teyechea

Opportunity 2 Own Real Estate License #BR555154000 Listed on: 06/18/2022

Last Buyer's Agent

Jeanie Teyechea

Opportunity 2 Own Real Estate License #BR555154000 Listed on: 06/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1983

Home Design

  • Composition Roof

Parking

  • 12 Open Parking Spaces
  • 16 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Patterson Elementary - Mesa
  • Smith Junior High School
  • Skyline High School

Utilities

  • Cooling Available
  • No Heating
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, landscaping
  • The owner pays for trash collection, water
  • Tax Lot 140
  • Assessor Parcel Number 220-51-037

Community Details

Overview

  • Building Dimensions are 34200
  • Desert Village 2 Lt 63 76, 89 102, 115 128 Subdivision

Recreation

  • Sport Court
  • Community Playground

Building Details

  • Operating Expense $3,804
  • Gross Income $30,888
  • Net Operating Income $28,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,444

Year Built

Built in 1983

Listing Details

  • Cross Street: Crismon & Apache Trail
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: MH
  • Year Built: 1983
  • Average Rent Double Wide: 550.0
  • Average Rent Single Wide: 500.0
  • Mobile Home Prk Info Total Number Spaces: 6
  • Tax Year: 2021
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: DESERT VILLAGE 2 LT 63-76, 89-102, 115-128
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Other, See Remarks
  • Roof: Composition
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: None
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Sewer Septic Tank: Yes
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: Sport Court, Play Area, No Pool
  • Amenities: None

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Community Amenities:Play Area: Yes
  • Community Amenities:Sport Court: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Fee Information

  • Annual Water Sewer Expense: 1400.0

Schools

  • Elementary School: Patterson Elementary - Mesa
  • High School: Skyline High School
  • Middle Or Junior School: Smith Junior High School

Lot Info

  • Lot Size: 34200
  • Additional Parcels: No
  • Parcel #: 220-51-037

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV, Landscaping
  • Annual Gross Income: 30888.0
  • Insurance Expense: 660.0
  • Property Net Operating Income: 28340.0
  • Annual Operating Expense: 3804.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1444.0
  • Tax Book Number: 220.00
  • Tax Lot: 140
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $450,000 0.0% --
08/29/2022 08/29/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $450,000 -18.2% --
07/28/2022 07/28/22 Price Changed $550,000 -4.3% --
06/17/2022 06/17/22 For Sale $575,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,544 $17,120 -- --
2024 $1,562 $16,305 -- --
2023 $1,562 $16,930 $14,240 $2,690
2022 $1,441 $23,340 $20,780 $2,560
2021 $1,444 $23,350 $20,780 $2,570
2020 $1,433 $23,140 $20,500 $2,640
2019 $1,323 $24,670 $22,080 $2,590
2018 $1,290 $16,510 $13,880 $2,630
2017 $1,244 $17,690 $13,880 $3,810
2016 $1,218 $16,450 $12,390 $4,060
2015 $1,139 $10,510 $6,410 $4,100
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6419376

Arizona Regional Multiple Listing Service (ARMLS)
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