NOT LISTED FOR SALE

Estimated Value: $336,966 - $796,000

1 Bed
-- Bath
3,087 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $161,000 $52 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $3,005/month

1 Day on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of June 2015

Four Plex in Mesa. Fully occupied!! All 2 bedroom 1 bath! All flooring is tile, with tiled shower walls, full kitchens with appliances. Great investment property! 4 units at $500-$515 each per month! Professionally managed property.
PLEASE DO NOT DISTURB TENANTS - THEY DO NOT KNOW IT IS FOR SALE.

Last Agent to Sell the Property

Robin Drew

Bliss Realty & Investments License #SA634521000 Listed on: 05/06/2015

Bliss Realty & Investments

Last Buyer's Agent

Diane Smith

Castle Rock Properties, Inc. License #BR012589000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,003

Year Built

  • Built in 1984

Lot Details

  • 0.26

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Stevenson Elementary School
  • Fremont Junior High School
  • Skyline High School

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Master Water Meter
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water
  • Legal Lot and Block 9 / 1
  • Assessor Parcel Number 220-35-009-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Moore Acres Subdivision

Building Details

  • Operating Expense $3,477
  • Gross Income $24,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,003

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: S Ellsworth Rd and E Main St
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2014
  • Road Surface Type: Private Street
  • Co List Office Mls Id: resh01
  • Co List Office Phone: 480-987-2623
  • Subdivision Name: MOORE ACRES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 496.0
  • Annual Water Sewer Expense: 778.0

Schools

  • Elementary School: Stevenson Elementary School (Mesa)
  • High School: Skyline High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Fremont Junior High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 220-35-009-A

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 24540.0
  • Insurance Expense: 1200.0
  • Annual Operating Expense: 3477.0

Tax Info

  • Tax Annual Amount: 1003.0
  • Tax Block: 1
  • Tax Book Number: 220.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 18, 2015
Sold by
Basta Kenneth
Bought by
Heywood Paul and Heywood Janet
Seller's Agent
Robin Drew
Bliss Realty & Investments
Buyer's Agent
Diane Smith
Castle Rock Properties, Inc.
List Price
$165,000
Sold Price
$161,000
Premium/Discount to List
-$4,000
-2.42%
Current Estimated Value
$557,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,992
Avg. Annual Appreciation
12.44%
Original Mortgage
$105,000
Outstanding Balance
$81,499
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$476,493

Purchase Details

Listed on
Sep 24, 2013
Closed on
Jan 28, 2014
Sold by
Basta Kenneth
Bought by
Basta Kenneth
Seller's Agent
Eric Dixon
On Q Property Management
Buyer's Agent
Robin Drew
Bliss Realty & Investments
List Price
$165,000
Sold Price
$152,500
Premium/Discount to List
-$12,500
-7.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$94,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2013
Closed on
Dec 20, 2013
Sold by
Cloud Financial Llc
Bought by
Basta Kenneth
Seller's Agent
Eric Dixon
On Q Property Management
Buyer's Agent
Robin Drew
Bliss Realty & Investments
List Price
$165,000
Sold Price
$152,500
Premium/Discount to List
-$12,500
-7.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2012
Closed on
May 30, 2012
Sold by
Bailey Adam
Bought by
Cloud Financial Llc
Seller's Agent
Peter Ellefson
EPL Realty Group, LLC
Buyer's Agent
Eric Dixon
On Q Property Management
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%

Purchase Details

Listed on
Mar 19, 2012
Closed on
Apr 27, 2012
Sold by
Bailey Kathryn L
Bought by
Bailey Adam
Seller's Agent
Peter Ellefson
EPL Realty Group, LLC
Buyer's Agent
Eric Dixon
On Q Property Management
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Purchase Details

Listed on
Mar 19, 2012
Closed on
Apr 26, 2012
Sold by
109 S 95Th St Llc
Bought by
Bailey Adam
Seller's Agent
Peter Ellefson
EPL Realty Group, LLC
Buyer's Agent
Eric Dixon
On Q Property Management
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Purchase Details

Closed on
Jun 30, 2009
Sold by
Ellefson Peter
Bought by
109 S 95Th St Llc

Purchase Details

Closed on
Feb 2, 2009
Sold by
Contreras Manuel R
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 28, 2005
Sold by
Contreras Sandra G
Bought by
Contreras Manuel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,800
Interest Rate
5.72%
Mortgage Type
Stand Alone Second
Source: Public Records
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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
Heywood Paul $161,000 Grand Canyon Title Agency
Basta Kenneth -- None Available
Basta Kenneth $158,000 Grand Canyon Title Agency In
Cloud Financial Llc -- None Available
Bailey Adam -- Fidelity Natl Title Agency I
Bailey Adam $130,000 Fidelity Natl Title Agency I
109 S 95Th St Llc -- Accommodation
Ellefson Peter L $95,000 Great American Title
Us Bank National Association $140,000 Great American Title Agency
Contreras Manuel R -- First American Title Ins Co
Contreras Manuel R $238,095 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heywood Paul $105,000
Previous Owner Basta Kenneth $94,500
Previous Owner Contreras Manuel R $23,800
Previous Owner Contreras Manuel R $190,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2015 06/25/15 Sold $161,000 -2.4% $52 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $165,000 +8.2% $53 / Sq Ft
01/24/2014 01/24/14 Sold $152,500 -7.6% $49 / Sq Ft View Prior Sale
11/19/2013 11/19/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $165,000 +26.9% $53 / Sq Ft
04/24/2012 04/24/12 Sold $130,000 -3.7% $169 / Sq Ft View Prior Sale
04/06/2012 04/06/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $135,000 -- $175 / 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 $1,297 $14,404 -- --
2024 $1,313 $13,718 -- --
2023 $1,313 $37,980 $7,590 $30,390
2022 $1,282 $16,980 $3,390 $13,590
2021 $1,279 $15,620 $3,120 $12,500
2020 $1,269 $15,020 $3,000 $12,020
2019 $1,175 $14,810 $2,960 $11,850
2018 $1,146 $13,270 $2,650 $10,620
2017 $1,106 $13,630 $2,720 $10,910
2016 $1,083 $15,620 $3,120 $12,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5275869

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-35-009A