NOT LISTED FOR SALE

1125 N March Cir Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $412,000 - $595,000

-- Bed
-- Bath
1,453 Sq Ft
$340/Sq Ft Est. Value

Last Sold December 07, 2012

Last sale price $141,000 $97 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $2,798/month

31 Days on Market

Highlights

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Ceiling Fan
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of December 2012

Regular sale. Quality Mesa 3-Plex that's fully rented at $1725 per month. Two 2-bedrooms and one 1-bedroom unit. All have one bathroom. Recently updated with new paint, new carpet and new tile floors. Exterior is easy-keep slump block. Painted exterior areas just painted. Low-maintenance landscaping. Tenant storage rooms. On-site shared laundry facility. One new AC in 2011. Covered tenant parking. Alley access. Very easy to keep full. Do not disturb tenants.

Last Agent to Sell the Property

Loyd L. Young

Mesa Verde Real Estate License #BR542330000 Listed on: 10/17/2012

Last Buyer's Agent

Robert Glen Miles

Robert Miles Realty, LLC License #BR015380000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $617

Year Built

  • Built in 1970

Lot Details

  • 7,928

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 1 Open Parking Space
  • 4 Parking Spaces
  • 3 Covered Spaces

Schools

  • Eisenhower Center For Innovation Elementary School
  • Kino Junior High School
  • Mountain View - Waddell High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water, sewer
  • Tax Lot 68
  • Assessor Parcel Number 137-32-174-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 84 x 70
  • Enchanted Village Subdivision

Building Details

  • Operating Expense $3,987
  • Gross Income $20,700
  • Net Operating Income $17,430

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$617

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Mesa Drive & Brown Road
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Year Built: 1970
  • Tax Year: 2012
  • Directions: From Mesa Drive and Brown, go east on Brown. March Circle is the first street on the north side of Brown. 1125 is on the NE corner of Brown and March Circle.
  • Road Surface Type: Gravel, Dirt, Asphalt, Curb(s) & Gutter(s), Alley
  • Subdivision Name: Enchanted Village
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Slump Block
  • Roof: See Remarks, Built-Up
  • Construction:Block: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Other (See Remarks), City Electric, Individual Meter
  • Cooling: 2 or More Units, Central A/C, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Individual, Central, Heat Pump, 2 or More Units, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Eisenhower Center For Innovation
  • High School: Mountain View - Waddell
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 84 x 70
  • Additional Parcels: No
  • Parcel #: 137-32-174-A

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Electric Expense: 1620.0
  • Annual Gross Income: 20700.0
  • Insurance Expense: 550.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 17430.0
  • Annual Operating Expense: 3987.14

Tax Info

  • Tax Annual Amount: 617.14
  • Tax Book Number: 137.00
  • Tax Lot: 68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2012
Closed on
Dec 5, 2012
Sold by
Stewart James and Stewart Jennifer
Bought by
Irpac 2848 Llc
Seller's Agent
Loyd L. Young
Mesa Verde Real Estate
Buyer's Agent
Robert Glen Miles
Robert Miles Realty, LLC
List Price
$149,900
Sold Price
$141,000
Premium/Discount to List
-$8,900
-5.94%
Current Estimated Value
$495,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,667
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
Jul 18, 2012
Sold by
Young Loyd L
Bought by
Stewart James and Stewart Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2003
Sold by
Tomten Properties Llc
Bought by
Young Loyd L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2003
Sold by
Ryan Robert and Johanson Inga
Bought by
Tomten Properties Llc

Purchase Details

Closed on
Jun 19, 2002
Sold by
Tomten Properties Llc
Bought by
Ryan Robert and Johanson Inga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Interest Rate
6.69%

Purchase Details

Closed on
Mar 21, 2002
Sold by
Ryan Robert and Johanson Inga
Bought by
Tomten Properties Llc

Purchase Details

Closed on
Mar 28, 2000
Sold by
Knowles James E
Bought by
Ryan Robert and Johanson Inga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1994
Sold by
Powell Evelyn F
Bought by
Knowles James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,400
Interest Rate
9.2%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Irpac 2848 Llc $141,000 Chicago Title Agency Inc
Stewart James $82,500 Grand Canyon Title Agency In
Young Loyd L $175,000 Chicago Title Insurance Co
Tomten Properties Llc -- --
Ryan Robert -- First American Title
Tomten Properties Llc -- --
Ryan Robert $125,000 Security Title Agency
Knowles James E $72,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart James $61,000
Previous Owner Young Loyd L $225,000
Previous Owner Young Loyd L $140,000
Previous Owner Ryan Robert $79,600
Previous Owner Ryan Robert $100,000
Previous Owner Knowles James E $73,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2012 12/07/12 Sold $141,000 -5.9% $97 / Sq Ft
11/17/2012 11/17/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $149,900 -- $103 / 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 $1,016 $10,348 -- --
2024 $1,024 $9,855 -- --
2023 $1,024 $35,120 $7,020 $28,100
2022 $951 $26,960 $5,390 $21,570
2021 $967 $22,530 $4,500 $18,030
2020 $954 $20,520 $4,100 $16,420
2019 $889 $17,110 $3,420 $13,690
2018 $852 $15,100 $3,020 $12,080
2017 $826 $12,520 $2,500 $10,020
2016 $811 $11,760 $2,350 $9,410
2015 $763 $10,460 $2,090 $8,370
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Loyd L. Young

    Mesa Verde Real Estate

  • R

    Buyer's Agent in 2012

    Robert Glen Miles

    Robert Miles Realty, LLC

    (480) 704-3230

    3 Total Sales

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4835579

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-32-174A

Arizona Maricopa County Mesa 85201 Mesa Patios

1125 N March Cir, Mesa, AZ

This home is located at 1125 N March Cir, Mesa, AZ 85203 since 17 October 2012 and is currently estimated at $494,667, approximately $340 per square foot. This property was built in 1970. 1125 N March Cir is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Kerr Elementary School, and Franklin West Elementary School.

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

Nearby Homes