NOT LISTED FOR SALE

10440 E Balsam Ave Mesa, AZ 85208

University Manor Neighborhood

Estimated Value: $353,000 - $378,000

3 Beds
2 Baths
1,431 Sq Ft
$258/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $223,000 $156 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,116/month

Highlights

  • Eat-In Kitchen
  • Solar Screens
  • Tile Flooring
  • Franklin at Brimhall Elementary School Rated A
  • No Interior Steps
  • Property is near a bus stop

About This Home

As of February 2020

This is a perfect investment opportunity for anyone looking to buy and hold or fix and live in!

Last Agent to Sell the Property

Alex Fajardo

Keller Williams, Professional Partners License #SA642223000 Listed on: 02/19/2020

Keller Williams, Professional Partners

Last Buyer's Agent

Bruno Arapovic

HomeSmart License #SA547460000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,055

Year Built

  • Built in 1998

Lot Details

  • 5,502 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,431 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Smith Junior High School
  • Skyline High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • No Interior Steps
  • Property is near a bus stop

Community Details

  • Association fees include ground maintenance
  • Innovative Prop Man Association, Phone Number (480) 343-5217
  • Built by KB Homes
  • Signal Butte Ranch Unit 1 Subdivision

Listing and Financial Details

  • Tax Lot 138
  • Assessor Parcel Number 220-53-145

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,055

Year Built

Built in 1998

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Cross Street: Broadway Rd and Crismon
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 70.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: Signal Butte Ranch Unit 1
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 155.83
  • Association Fees:HOA Fee2: 70.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop, Water Purifier
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm
  • Living Area: 1431.0
  • Stories: 1
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: Signal Butte Ranch
  • Phone: 480-343-5217
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Signal Butte Ranch
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Innovative Prop Man
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • High School: Skyline High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Smith Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5502.0
  • Parcel #: 220-53-145

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Annual Amount: 1055.0
  • Tax Book Number: 220.00
  • Tax Lot: 138
  • Tax Map Number: 53.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Progress Phoenix Llc
Bought by
Progress Resid Borrower 16 Llc
Current Estimated Value
$369,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,962,000
Outstanding Balance
$420,869,692
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$420,500,621

Purchase Details

Listed on
Feb 19, 2020
Closed on
Feb 12, 2020
Sold by
Chu Alex
Bought by
Progress Phoenix Llc
Seller's Agent
Alex Fajardo
Keller Williams, Professional Partners
Buyer's Agent
Bruno Arapovic
HomeSmart
List Price
$226,000
Sold Price
$223,000
Premium/Discount to List
-$3,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$170,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 19, 2020
Closed on
Jan 20, 2020
Sold by
Master Mind Holdings Llc
Bought by
Chu Alex
Seller's Agent
Alex Fajardo
Keller Williams, Professional Partners
Buyer's Agent
Bruno Arapovic
HomeSmart
List Price
$226,000
Sold Price
$223,000
Premium/Discount to List
-$3,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 25, 2013
Closed on
Nov 26, 2013
Sold by
Rr27 Llc
Bought by
Hyde Jerold L
Seller's Agent
Lester Cox
Real Broker
Buyer's Agent
Jenny Park-bento
HomeSmart
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$147,283
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 30, 2011
Closed on
Jan 3, 2012
Sold by
Rogers Renee
Bought by
Rr27 Llc
Seller's Agent
Julie Finch
HomeSmart
Buyer's Agent
Lester Cox
Real Broker
List Price
$81,000
Sold Price
$81,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.54%

Purchase Details

Closed on
May 13, 2005
Sold by
Villalobos Arthur S and Villalobos Elisa R
Bought by
Rogers Renne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1998
Sold by
Kaufman & Broad Home Sales Of Az Inc
Bought by
Villalobos Arthur S and Villalobos Elisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,422
Interest Rate
7.06%
Mortgage Type
VA

Purchase Details

Closed on
Dec 9, 1997
Sold by
Kaufman & Broad Of Arizona Inc
Bought by
Kaufman & Broad Home Sales Of Az Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Progress Resid Borrower 16 Llc -- New Title Company Name
Progress Phoenix Llc $223,000 Magnus Title Agency
Chu Alex $191,500 Grand Canyon Title Agency
Master Mind Holdings Llc $171,700 Grand Canyon Title Agency
Hyde Jerold L $150,000 Security Title Agency
Rr27 Llc $81,000 Lawyers Title Of Arizona Inc
Rogers Renne $208,000 Great American Title Agency
Villalobos Arthur S $106,494 First American Title
Kaufman & Broad Home Sales Of Az Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Resid Borrower 16 Llc $468,962,000
Previous Owner Chu Alex $170,000
Previous Owner Hyde Jerold L $147,283
Previous Owner Rogers Renne $160,000
Previous Owner Villalobos Arthur S $109,422
Closed Rogers Renne $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2020 02/19/20 Sold $223,000 -1.3% $156 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $226,000 +50.7% $158 / Sq Ft
11/27/2013 11/27/13 Sold $150,000 0.0% $105 / Sq Ft View Prior Sale
10/29/2013 10/29/13 Pending -- -- --
10/25/2013 10/25/13 For Sale $150,000 +85.2% $105 / Sq Ft
01/06/2012 01/06/12 Sold $81,000 0.0% $57 / Sq Ft View Prior Sale
04/30/2011 04/30/11 For Sale $81,000 -- $57 / 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 $1,349 $13,659 -- --
2024 $1,353 $13,008 -- --
2023 $1,353 $27,960 $5,590 $22,370
2022 $1,325 $21,410 $4,280 $17,130
2021 $1,341 $19,150 $3,830 $15,320
2020 $1,324 $17,160 $3,430 $13,730
2019 $1,055 $15,850 $3,170 $12,680
2018 $1,007 $14,180 $2,830 $11,350
2017 $975 $12,880 $2,570 $10,310
2016 $958 $12,050 $2,410 $9,640
2015 $904 $11,120 $2,220 $8,900
Source: Public Records

Agents Affiliated with this Home

  • Alex Fajardo

    Seller's Agent in 2020

    Alex Fajardo

    Keller Williams, Professional Partners

    (480) 244-3444

    29 Total Sales

    Alex Fajardo
    Section Image
  • Bruno Arapovic

    Buyer's Agent in 2020

    Bruno Arapovic

    HomeSmart

    (602) 471-3952

    10 in this area

    1,326 Total Sales

    Bruno Arapovic
    Section Image
  • Lester Cox

    Seller's Agent in 2013

    Lester Cox

    Real Broker

    (480) 726-0400

    15 Total Sales

    Lester Cox
    Section Image
  • Bret Johnson

    Seller Co-Listing Agent in 2013

    Bret Johnson

    Real Broker

    (480) 775-7700

    171 Total Sales

    Bret Johnson
    Section Image

  • J

    Buyer's Agent in 2013

    Jenny Park-bento

    HomeSmart

    Section Image

  • J

    Seller's Agent in 2012

    Julie Finch

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6038961

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-53-145

Arizona Maricopa County Mesa 85208 University Manor

10440 E Balsam Ave, Mesa, AZ

Not Listed for Sale

Detached

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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