NOT LISTED FOR SALE

111 S Barkley Mesa, AZ 85204

Reed Park Neighborhood

Estimated Value: $424,455 - $828,000

8 Beds
4 Baths
850 Sq Ft
$746/Sq Ft Est. Value

Last Sold August 23, 2012

Last sale price $150,000 $176 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $3,428/month

40 Days on Market

Highlights

  • Cooling Available
  • Painted or Stained Flooring
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of August 2012

Beautiful two-story fourplex. 840 sq ft per unit. Four 2bed/1bath units with washer and dryer hook ups, refrigerator, stove, dishwasher, garbage disposal and patio. Carpet and tile (linoleum depending on the unit) throughout units. No HOA! Fully Rented!!!

Last Agent to Sell the Property

Brandie Freese

AZ Marketplace Realty License #BR509629000 Listed on: 05/11/2012

Last Buyer's Agent

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 9,409

Parking

  • Paved Parking

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof
  • Stucco

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Ceramic Tile

Laundry

  • Washer and Dryer Hookup

Schools

  • Longfellow Elementary School
  • Mesa High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • $1,243 per year Dock Fee
  • 4 Units
  • Building Dimensions are 9409

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, trash collection, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Tax Municipality: Maricopa - COUNTY
  • Appliances Included: Dishwasher, Disposal, Refrigerator, W/D Hookup
  • Construction Finish: Painted, Stucco
  • Cross Street: Main & Stapley
  • Floors: Carpet, Ceramic Tile
  • Legal Info Lot Number: 1
  • Legal Info Range: 5E
  • Legal Info Section: 24
  • Legal Info Township: 1N
  • Roads Streets: Asphalt
  • Tax District: 41
  • Property Type: F
  • Hndrd Blk Directionl: E
  • Hundred Block: 1500
  • Marketing Name: Los Ranchitos
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 8.00
  • Map Code Grid: R39
  • Year Built: 1985
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Frame - Wood

Garage/Parking

  • Parking: Paved Parking
  • Total Parking Spaces: 8.00

Utilities

  • Water: City Franchise
  • Electric: City Electric, SRP
  • Gas: City Gas
  • Cooling: Electric, Heat Pump
  • Heating: Electric

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • Elementary School: Longfellow Elementary School
  • High School: Mesa High School
  • Junior High School: Mesa Junior High School

Lot Info

  • Lot Size: 9409

Multi Family

  • Income And Expenses Operating Exp: 1243.00
  • Income And Expenses Totl Mnth Rntal Inc: 2000.00
  • Number Of Two Bedroom Units: 4
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric
  • Total Numberof Buildings: 1
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 499.00
  • Two Bedroom Units Avg Sq Ft: 850
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1243.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2012
Closed on
Jul 26, 2012
Sold by
Hefter Edward and Hefter Karen S
Bought by
Gallen Jacqueline
Seller's Agent
Brandie Freese
AZ Marketplace Realty
Buyer's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
List Price
$185,000
Sold Price
$150,000
Premium/Discount to List
-$35,000
-18.92%
Current Estimated Value
$633,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,864
Avg. Annual Appreciation
11.35%
Original Mortgage
$111,688
Outstanding Balance
$76,861
Interest Rate
3.53%
Mortgage Type
New Conventional
Estimated Equity
$557,003

Purchase Details

Closed on
Oct 4, 2002
Sold by
Gallegos Maria R
Bought by
Hefter Edward and Hefter Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2001
Sold by
Gallegos Jose
Bought by
Gallegos Maria R

Purchase Details

Closed on
Nov 22, 1999
Sold by
Yadegari Shahrokh D and Yadegari Shahrokh David
Bought by
Gallegos Jose and Gallegos Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,943
Interest Rate
7.95%
Mortgage Type
FHA
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
Gallen Jacqueline $150,000 Stewart Title & Trust Of Pho
Hefter Edward $205,000 Grand Canyon Title Agency In
Gallegos Maria R -- --
Gallegos Jose $159,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallen Jacqueline $111,688
Previous Owner Hefter Edward $164,000
Previous Owner Gallegos Jose $157,943
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2012 08/23/12 Sold $150,000 -18.9% $176 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $185,000 -- $218 / 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 $1,352 $13,700 -- --
2024 $1,356 $13,047 -- --
2023 $1,356 $47,800 $9,560 $38,240
2022 $1,328 $36,600 $7,320 $29,280
2021 $1,344 $29,280 $5,850 $23,430
2020 $1,326 $26,320 $5,260 $21,060
2019 $1,239 $22,410 $4,480 $17,930
2018 $1,189 $20,100 $4,020 $16,080
2017 $1,154 $17,000 $3,400 $13,600
2016 $1,133 $16,310 $3,260 $13,050
Source: Public Records

Agents Affiliated with this Home

  • Brandie Freese

    Seller's Agent in 2012

    Brandie Freese

    AZ Marketplace Realty

    (480) 813-7821

    75 Total Sales

    Brandie Freese
    Section Image
  • Steve Fowler

    Buyer's Agent in 2012

    Steve Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 430-5843

    1 in this area

    58 Total Sales

    Steve Fowler
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4758480

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-11-043E

Arizona Maricopa County Mesa 85204 Reed Park

111 S Barkley, Mesa, AZ

Not Listed for Sale

MultiFamily

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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