NOT LISTED FOR SALE

1034 E 2nd St Mesa, AZ 85203

Fraser Fields Neighborhood

Estimated Value: $398,175 - $552,000

-- Bed
3 Baths
1,450 Sq Ft
$339/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $250,000 $172 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,675/month

167 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of December 2018

Drive by only..TENANTS RIGHTS! PLEASE DO NOT DISTURB TENANTS! All units are occupied. Inspections after contract acceptance. Buyer to verify all facts and figures. Calling all investors! Great opportunity to purchase property that is centrally located. This maintained property has newer coating on the roof (2016), most units have newer AC's, updated bathrooms- tubs (2017), plumbing fixtures (2017), doors (2017), new paint (2018), new windows (2017) and tile in all units..NO carpet! Each unit has a private back patio. Single level units, parking and play ground area. This income generating and centrally located property won't last long! Call for more information. (Located in an Opportunity Zone, contact City of Mesa for more info)

Last Agent to Sell the Property

Judy A. Sanaiha

Realty ONE Group License #BR107190000 Listed on: 05/25/2018

Co-Listed By

Kimberly Ortiz

Realty ONE Group License #BR539221000

Last Buyer's Agent

Rick Travis

HomeSmart License #SA564293000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $853

Year Built

  • Built in 1964

Lot Details

  • 6,882

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Alta Vista Elementary School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 43
  • Assessor Parcel Number 138-20-114

Community Details

Overview

  • 3 Units
  • Building Dimensions are 6897
  • Suburban Gardens 2 Subdivision

Building Details

  • Operating Expense $5,494

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$853

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: University and Stapley
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 1964
  • Tax Year: 2017
  • Directions: South on Stapley to 2nd St., West on 2nd St. to property on north side of the street.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reog04
  • Co List Office Phone: 480-777-4500
  • Subdivision Name: SUBURBAN GARDENS 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0

Utilities

  • Electric: City Electric
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2690.66

Schools

  • Elementary School: Alta Vista Elementary School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 6897
  • Additional Parcels: No
  • Parcel #: 138-20-114

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Insurance Expense: 750.0
  • Maintenance Expense: 1200.0
  • Annual Operating Expense: 5493.66

Tax Info

  • Tax Annual Amount: 853.0
  • Tax Book Number: 138.00
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Nov 29, 2018
Sold by
Brokalakis Nektarios
Bought by
Erickson Carolyn S
Seller's Agent
Judy A. Sanaiha
Realty ONE Group
Buyer's Agent
Rick Travis
HomeSmart
List Price
$274,900
Sold Price
$250,000
Premium/Discount to List
-$24,900
-9.06%
Current Estimated Value
$491,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,058
Avg. Annual Appreciation
10.94%

Purchase Details

Closed on
Aug 8, 2003
Sold by
Dobbins Sara
Bought by
Brokalakis Nektarios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
5.46%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Erickson Carolyn S $250,000 Equity Title Agency Inc
Brokalakis Nektarios $264,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brokalakis Nektarios $229,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $250,000 -5.6% $172 / Sq Ft
10/16/2018 10/16/18 Price Changed $264,900 -3.6% $183 / Sq Ft
10/16/2018 10/16/18 For Sale $274,900 +10.0% $190 / Sq Ft
06/23/2018 06/23/18 Off Market $250,000 -- --
05/25/2018 05/25/18 For Sale $274,900 -- $190 / 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 $987 $10,053 -- --
2024 $995 $9,574 -- --
2023 $995 $34,060 $6,810 $27,250
2022 $974 $26,580 $5,310 $21,270
2021 $986 $21,970 $4,390 $17,580
2020 $973 $19,810 $3,960 $15,850
2019 $909 $17,020 $3,400 $13,620
2018 $873 $15,250 $3,050 $12,200
2017 $847 $12,560 $2,510 $10,050
2016 $831 $11,710 $2,340 $9,370
2015 $781 $10,320 $2,060 $8,260
Source: Public Records

Agents Affiliated with this Home

  • Judy A. Sanaiha

    Seller's Agent in 2018

    Judy A. Sanaiha

    Realty One Group

    (602) 697-0389

    49 Total Sales

    Judy A. Sanaiha
    Section Image
  • Kimberly Ortiz

    Seller Co-Listing Agent in 2018

    Kimberly Ortiz

    Realty One Group

    (602) 413-8098

    56 Total Sales

    Kimberly Ortiz
    Section Image
  • Rick Travis

    Buyer's Agent in 2018

    Rick Travis

    HomeSmart

    (480) 298-0023

    2 Total Sales

    Rick Travis
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5771487

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-20-114

Arizona Maricopa County Mesa 85203 Fraser Fields

1034 E 2nd St, Mesa, AZ

This home is located at 1034 E 2nd St, Mesa, AZ 85203 since 25 May 2018 and is currently estimated at $491,058, approximately $338 per square foot. This property was built in 1964. 1034 E 2nd St is a home located in Maricopa County with nearby schools including Edison Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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