NOT LISTED FOR SALE

Estimated Value: $576,000 - $663,971

Studio
-- Bath
2,640 Sq Ft
$241/Sq Ft Est. Value

Sale Details

Date Sold: August 13, 2020

Last sale price $515,000 $195 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,582 / mo

25 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of August 2020

Location, renovated / updated interiors, long term tenants on solid leases, this is a perfect investment property. By viewing the updated finishes in the units and the grounds, you will see the care the seller has put into the property. Tenants love this complex due to the lit covered parking plus additional parking areas, well kept and large grounds, proximity to light rail, Riverview, Sloan Park and MCC, easy access to the 101 and the interiors that are updated with more than just a coat of paint. Just some of the renovations include new carpet and paint, updated toilets and fixtures, stainless steel appliances in one unit, rebuilt 2nd floor walkway, roof is just about 3 years old, exterior paint is 18 months old, north carport has new fascia and flashing.Average rent is $817 a month.

Last Agent to Sell the Property

Liz Morganroth

Mosaic Property Management License #BR574075000 Listed on: 06/30/2020

Last Buyer's Agent

Larry Burr

ATLAS AZ, LLC License #SA684467000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1983

Lot Details

  • 7,492

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Concrete

Parking

  • 6 Open Parking Spaces
  • 10 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Emerson Elementary School
  • Carson Junior High Middle School
  • Westwood High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 135-45-120-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR - Triangle
  • La Mesita Amd Subdivision

Building Details

  • Operating Expense $6,554

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,234

Year Built

Built in 1983

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Cross Street: Dobson Road & Main Street
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2019
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: LA MESITA AMD
  • Tax Parcel Letter: C
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 2880.0

Schools

  • Elementary School: Emerson Elementary School
  • High School: Westwood High School
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: IRR - Triangle
  • Additional Parcels: No
  • Parcel #: 135-45-120-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 840.0
  • Insurance Expense: 1100.0
  • Annual Operating Expense: 6554.0

Tax Info

  • Tax Annual Amount: 1234.0
  • Tax Book Number: 135.00
  • Tax Lot: 2

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

Closed on
Apr 30, 2024
Sold by
Bought by
Current Estimated Value
$636,743

Purchase Details

Listed on
Jun 30, 2020
Closed on
Sep 22, 2020
Sold by
Bought by
Seller's Agent
Liz Morganroth
Mosaic Property Management
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$162,705
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 13, 2020
Sold by
Bought by
Seller's Agent
Liz Morganroth
Mosaic Property Management
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,705
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 12, 2020
Sold by
Bought by
Seller's Agent
Liz Morganroth
Mosaic Property Management
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,705
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2013
Closed on
Apr 18, 2013
Sold by
Bought by
Seller's Agent
Ka-Chee Ma
US Preferred Realty
Buyer's Agent
Richard Wood
R.L. Wood & Company, L.L.C
List Price
$162,000
Sold Price
$165,000
Premium/Discount to List
$3,000
1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.85%
Original Mortgage
$123,750
Interest Rate
0.036%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 1994
Sold by
Bought by
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

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
$689,000 First Integrity Title Agency O
-- First Integrity Ttl Agcy Of
-- First Integrity Ttl Agcy Of
$515,000 First Integrity Title Agency
$165,000 Great American Title Agency
$135,000 First American Title Ins Co
-- Grand Canyon Title Agency In
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
Previous Owner $162,705
Previous Owner $123,750
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 Prior Sale
08/13/2020 08/13/20 Sold $515,000 -1.9% $195 / Sq Ft
06/21/2020 06/21/20 For Sale $525,000 +218.2% $199 / Sq Ft
04/25/2013 04/25/13 Sold $165,000 +1.9% $63 / Sq Ft View Prior Sale
03/16/2013 03/16/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $162,000 -- $61 / Sq Ft
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 $1,346 $13,640
2024 $1,350 $12,991
2023 $1,350 $49,910 $9,980 $39,930
2022 $1,322 $32,560 $6,510 $26,050
2021 $1,338 $25,950 $5,190 $20,760
2020 $1,321 $23,230 $4,640 $18,590
2019 $1,234 $19,870 $3,970 $15,900
2018 $1,184 $16,250 $3,250 $13,000
2017 $1,149 $15,250 $3,050 $12,200
2016 $1,128 $14,480 $2,890 $11,590
2015 $1,060 $12,450 $2,490 $9,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6096901

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-45-120C

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