NOT LISTED FOR SALE

Estimated Value: $384,000 - $417,000

2 Beds
-- Bath
1,797 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $367,500 $205 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,296/month

70 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Multiple Heating Units
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of December 2021

Great Duplex located on a large corner lot! 2 bed 1 bath & 1 bed 1bath. It is located in the newly developing Downtown Mesa, just a 2 minute walk to the light rail, & close to parks. Property has new windows, 3 covered parking spots, private back yards., & brick walls. The 2 bedroom unit has new Tile Flooring. The 1 bedroom has new tub/shower enclosure. Both have some other upgrades. Opportunity for value-add & rent increases are present. Dont miss out on this charming property!

Last Agent to Sell the Property

Soyun Wong

Better Homes & Gardens Real Estate SJ Fowler License #SA658905000 Listed on: 08/28/2021

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Melissa Pimentel

Call Realty, Inc. License #SA665985000

Call Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $885

Year Built

  • Built in 1950

Lot Details

  • 8,015

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Parking Spaces
  • Carport

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water, sewer
  • Legal Lot and Block 10 / 1
  • Assessor Parcel Number 138-24-050

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8,013
  • Mesa Villa Sub Plat 2 Subdivision

Building Details

  • Operating Expense $5,349
  • Gross Income $20,121
  • Net Operating Income $15,831

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$885

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Horne & Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R6, RS6
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2020
  • Directions: N on Horne just past Main St on the W side.
  • Road Surface Type: Asphalt
  • Subdivision Name: MESA VILLA SUB PLAT 2
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: City Electric
  • Cooling: Heat Pump, 2 or More Units
  • Heating: Heat Pump, 2 or More Units
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Trash Expense: 2760.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 8,013
  • Additional Parcels: No
  • Parcel #: 138-24-050

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 20121.0
  • Insurance Expense: 704.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 15831.0
  • Annual Operating Expense: 5349.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 885.0
  • Tax Block: 1
  • Tax Book Number: 138.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Dec 2, 2021
Sold by
Vantage Retirement Plans Llc
Bought by
Pimentel Jess and Pimentel Melissa
Seller's Agent
Soyun Wong
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Melissa Pimentel
Call Realty, Inc.
List Price
$399,950
Sold Price
$367,500
Premium/Discount to List
-$32,450
-8.11%
Current Estimated Value
$405,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,179
Avg. Annual Appreciation
2.52%
Original Mortgage
$275,625
Outstanding Balance
$256,029
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$146,641

Purchase Details

Closed on
Jul 25, 2018
Sold by
Hubbard Kenneth
Bought by
Vantage Retirement Plans Llc and Billy B Gradney Ira

Purchase Details

Closed on
Aug 28, 2017
Sold by
Winters Jacob M and Winters Paige
Bought by
Hubbard Kenneth

Purchase Details

Closed on
Jun 24, 2013
Sold by
Winters Michael J and Winters Nicole M
Bought by
Winters Jacob M and Winters Paige

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,891
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2012
Sold by
Dmr Holdings Llc
Bought by
Winters Michael J and Winters Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2010
Sold by
Moore Robert E and Moore Michael R
Bought by
2221 E Bramble Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 1996
Sold by
Dunn David L and Dunn Diana D
Bought by
Moore Robert E and Moore Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
7.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Pimentel Jess $367,500 Empire Title Agency
Vantage Retirement Plans Llc $150,000 None Available
Hubbard Kenneth $150,000 Clear Title Agency Of Arizon
Winters Jacob M $98,000 Clear Title Agency Of Arizon
Winters Michael J $72,000 Clear Title Agency Of Arizon
Dmr Holdings Llc -- Clear Title Agency Of Arizon
2221 E Bramble Llc $52,500 The Talon Group Baseline
Moore Robert E $66,000 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pimentel Jess $275,625
Previous Owner Winters Jacob M $80,891
Previous Owner Winters Michael J $74,000
Previous Owner 2221 E Bramble Llc $57,000
Previous Owner Moore Robert E $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $367,500 -8.1% $205 / Sq Ft
08/28/2021 08/28/21 For Sale $399,950 +448.6% $223 / Sq Ft
04/20/2012 04/20/12 Sold $72,900 -8.8% $41 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $79,900 -- $44 / 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 $898 $9,146 -- --
2024 $905 $8,710 -- --
2023 $905 $27,460 $5,490 $21,970
2022 $886 $20,830 $4,160 $16,670
2021 $897 $17,660 $3,530 $14,130
2020 $885 $15,760 $3,150 $12,610
2019 $827 $13,120 $2,620 $10,500
2018 $794 $11,850 $2,370 $9,480
2017 $770 $9,730 $1,940 $7,790
2016 $756 $8,960 $1,790 $7,170
2015 $711 $9,070 $1,810 $7,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6286259

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-24-050