NOT LISTED FOR SALE

1134 N March Cir Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $413,000 - $589,000

-- Bed
-- Bath
1,453 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 20, 2016

Last sale price $202,000 $139 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,624/month

52 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of January 2016

FANTASTIC RENTAL INCOME PROPERTY! TWO 2 BEDROOM, 1 BATH UNITS AT $662.00/MONTH & ONE 1 BEDROOM, 1 BATH UNIT AT $610.00/MONTH (includes 1.75% rental tax)! GREAT LOCATION IN CENTRAL MESA! HIGH DEMAND RENTAL AREA! CUL-DE-SAC LOT! TRIPLEX HAS COIN OPERATED LAUNDRY (HIGH END MAYTAG COMMERCIAL DRYERS-2 & 1 WASHER) IN THE REAR OF BUILDING! LAUNDRY FUNDS THE UTILITIES THAT RUN IT! UNITS #B & #C (2 BEDROOMS) HAVE SMOOTH TOP RANGE/OVENS & BUILT-IN MICROWAVES. UNIT #C WAS COMPLETELY RENOVATED IN 2012! UNIT #C IS CURRENTLY VACANT SO OWNER/OCCUPANT COULD BUY THIS PROPERTY! MOVE IN & LET THE OTHER 2 UNITS PAY YOUR MORTGAGE PAYMENT!

Last Agent to Sell the Property

Jason Rodgers

Visionary Properties License #SA557950000 Listed on: 10/22/2015

Co-Listed By

Perry Toro

eXp Realty License #BR563736000

Last Buyer's Agent

Luis Alonso

HomeSmart License #SA535406000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1970

Lot Details

  • 8,756

Home Design

  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Kerr Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 61
  • Assessor Parcel Number 137-32-167-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 129.27' X 74.28' X 106.70' X 78.29'
  • Enchanted Village Subdivision

Building Details

  • Operating Expense $6,419
  • Gross Income $22,610
  • Net Operating Income $16,785

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$904

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Brown Road & Mesa Drive
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MultiFamily
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2014
  • Directions: March Circle is one block East of the intersection. Turn left onto March Circle and property is second on left side.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: vsnr01
  • Co List Office Phone: 480-248-9395
  • Subdivision Name: ENCHANTED VILLAGE
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Other (See Remarks), F/S Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: See Remarks, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Assigned, >1 Space Per Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Heat Pump, Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

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

Fee Information

  • Annual Fuel Expense: 200.0
  • Trash Expense: 900.0
  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Kerr Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 129.27' X 74.28' X 106.70' X 78.29'
  • Additional Parcels: No
  • Parcel #: 137-32-167-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 3
  • Electric Expense: 400.0
  • Annual Gross Income: 22610.0
  • Insurance Expense: 1015.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 16785.0
  • Annual Operating Expense: 6419.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 904.0
  • Tax Book Number: 137.00
  • Tax Lot: 61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2015
Closed on
Jan 19, 2016
Sold by
Toro Perry D and Toro Turee
Bought by
Dominguez Sergio D and Dominguez Angelica A
Seller's Agent
Jason Rodgers
Visionary Properties
Buyer's Agent
Luis Alonso
HomeSmart
List Price
$210,000
Sold Price
$202,000
Premium/Discount to List
-$8,000
-3.81%
Total Days on Market
52
Current Estimated Value
$477,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,335
Avg. Annual Appreciation
10.18%
Original Mortgage
$198,341
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Listed on
May 1, 2012
Closed on
Jun 14, 2012
Sold by
Ridd Dale
Bought by
Toro Perry and Toro Turee
Seller's Agent
Robert Glen Miles
Robert Miles Realty, LLC
Buyer's Agent
Perry Toro
eXp Realty
List Price
$120,000
Sold Price
$97,500
Premium/Discount to List
-$22,500
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.56%

Purchase Details

Closed on
Sep 26, 2000
Sold by
Lisagor Myra Murphy
Bought by
Ridd Dale and Ridd Marta L
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
Dominguez Sergio D $202,000 Great Amer Title Agency Inc
Toro Perry $97,500 Grand Canyon Title Agency In
Ridd Dale $126,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez Sergio Daniel $343,000
Closed Dominguez Sergio D $249,200
Closed Dominguez Sergio D $198,341
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2016 01/20/16 Sold $202,000 -3.8% $139 / Sq Ft
12/13/2015 12/13/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $210,000 +115.4% $145 / Sq Ft
06/21/2012 06/21/12 Sold $97,500 -18.8% $67 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $120,000 -- $83 / 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 $1,092 $11,130 -- --
2024 $1,101 $10,600 -- --
2023 $1,101 $36,410 $7,280 $29,130
2022 $1,079 $27,930 $5,580 $22,350
2021 $1,092 $23,420 $4,680 $18,740
2020 $1,078 $21,320 $4,260 $17,060
2019 $1,007 $18,080 $3,610 $14,470
2018 $966 $16,150 $3,230 $12,920
2017 $937 $13,380 $2,670 $10,710
2016 $920 $12,620 $2,520 $10,100
2015 $865 $11,030 $2,200 $8,830
Source: Public Records

Agents Affiliated with this Home

  • Jason Rodgers

    Seller's Agent in 2016

    Jason Rodgers

    Visionary Properties

    (480) 248-9395

    69 Total Sales

    Jason Rodgers
    Section Image
  • Perry Toro

    Seller Co-Listing Agent in 2016

    Perry Toro

    eXp Realty

    (602) 319-7625

    22 Total Sales

    Perry Toro
    Section Image
  • Luis Alonso

    Buyer's Agent in 2016

    Luis Alonso

    HomeSmart

    (480) 570-1000

    Section Image

  • R

    Seller's Agent in 2012

    Robert Glen Miles

    Robert Miles Realty, LLC

    (480) 704-3230

    3 Total Sales

    Robert Glen Miles
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5352535

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-32-167A

Arizona Maricopa County Mesa 85201 Mesa Patios

1134 N March Cir, Mesa, AZ

This home is located at 1134 N March Cir, Mesa, AZ 85203 since 22 October 2015 and is currently estimated at $477,335, approximately $328 per square foot. This property was built in 1970. 1134 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

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