NOT LISTED FOR SALE

1130 N Wedgewood Cir Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $454,075 - $498,000

-- Bed
-- Bath
2,108 Sq Ft
$226/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $112,500 $53 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $2,614/month

6 Days on Market

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Multiple Heating Units
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of January 2013

Fully leased Duplex. Both units have been redecorated with new carpet and paint. One side has new fans, fixtures, countertops, new blinds, and is a 3 bedroom.
Great square footage, 1 side has garage,
Easy to maintain Block with new roof.
Great Seperated backyards.
Do not disturb tenants. Drive by only.

Last Agent to Sell the Property

Neal Yukolis

My Home Group Real Estate License #SA627357000 Listed on: 12/16/2012

My Home Group Real Estate

Last Buyer's Agent

Amy Mihailov

Jonna Baker & Associates Realty License #BR008243000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $528

Year Built

  • Built in 1969

Lot Details

  • 6,926

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces

Schools

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

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV, landscaping
  • The owner pays for water
  • Tax Lot 158
  • Assessor Parcel Number 137-32-264

Community Details

Overview

  • 2 Units
  • Building Dimensions are irr
  • Enchanted Village Subdivision

Building Details

  • Operating Expense $2,728
  • Gross Income $14,250
  • Net Operating Income $12,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$528

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Cross Street: Brown and Mesa Drive
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Year Built: 1969
  • Tax Year: 2012
  • Directions: East on Brown Rd to Wedgewood Circle, North to Property on Left.
  • Road Surface Type: Dedicated Street, Alley
  • Subdivision Name: Enchanted Village
  • Garage Yn: Yes
  • 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:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Garage Details: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: City Electric
  • Cooling: 2 or More Units, Electric, Ceiling Fan(s)
  • Heating: 2 or More Units, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:_two_ or More Units3: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

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

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 137-32-264

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 14250.0
  • Insurance Expense: 500.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 12050.0
  • Annual Operating Expense: 2728.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 528.0
  • Tax Book Number: 137.00
  • Tax Lot: 158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2015
Sold by
Carron James H and Carron Deborah L
Bought by
Cumulus West Llc
Current Estimated Value
$476,692

Purchase Details

Listed on
Dec 16, 2012
Closed on
Mar 11, 2013
Sold by
Carron James H and Carron Deborah L
Bought by
Cumulus West Llc
Seller's Agent
Neal Yukolis
My Home Group Real Estate
Buyer's Agent
Amy Mihailov
Jonna Baker & Associates Realty
List Price
$119,900
Sold Price
$112,500
Premium/Discount to List
-$7,400
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Original Mortgage
$73,500
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2012
Closed on
Jan 30, 2013
Sold by
Next Investments Llc
Bought by
Carron James H and Carron Deborah L
Seller's Agent
Neal Yukolis
My Home Group Real Estate
Buyer's Agent
Amy Mihailov
Jonna Baker & Associates Realty
List Price
$119,900
Sold Price
$112,500
Premium/Discount to List
-$7,400
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2012
Sold by
Makula Adriene C
Bought by
Next Investments Llc

Purchase Details

Closed on
Jul 28, 2005
Sold by
Makula Charles J
Bought by
Makula Adrienne C

Purchase Details

Closed on
May 27, 1999
Sold by
Gomez Florencio
Bought by
Gomez Yvonne M

Purchase Details

Closed on
Apr 19, 1995
Sold by
Gomez Yvonne Marie
Bought by
Lundstrom Harriet
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
Cumulus West Llc -- None Available
Cumulus West Llc -- None Available
Carron James H $112,500 Security Title Agency
Next Investments Llc $80,000 None Available
Makula Adrienne C -- Security Title Agency Inc
Makula Adriene C -- Security Title Agency Inc
Gomez Yvonne M -- --
Lundstrom Harriett -- --
Lundstrom Harriet -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carron James H $73,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2013 01/31/13 Sold $112,500 -6.2% $53 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
12/15/2012 12/15/12 For Sale $119,900 -- $57 / 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 $1,040 $10,600 -- --
2024 $1,049 $10,095 -- --
2023 $1,049 $34,260 $6,850 $27,410
2022 $1,027 $26,080 $5,210 $20,870
2021 $1,040 $21,620 $4,320 $17,300
2020 $1,026 $19,530 $3,900 $15,630
2019 $959 $16,780 $3,350 $13,430
2018 $920 $15,280 $3,050 $12,230
2017 $893 $12,420 $2,480 $9,940
2016 $876 $11,470 $2,290 $9,180
2015 $824 $10,170 $2,030 $8,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4863582

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-32-264