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

Sale Details

Date 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Sep 26, 2022
Sold by
Bought by
Seller's Agent
Jeanie Teyechea
Opportunity 2 Own Real Estate
Buyer's Agent
Jeanie Teyechea
Opportunity 2 Own Real Estate
List Price
$575,000
Sold Price
$450,000
Premium/Discount to List
-$125,000
-21.74%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0566%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 1995
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 1995
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 1995
Sold by
Bought by
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Premier Title
-- None Available
-- --
$100,000 Transamerica Title Ins Co
-- Transamerica Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Previous Owner $110,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6419376

Arizona Regional Multiple Listing Service (ARMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.