1138 E 2nd St Mesa, AZ 85203
Fraser Fields Neighborhood
--
Bed
--
Bath
4,018
Sq Ft
1973
Built
Highlights
- Cooling Available
- Franklin at Brimhall Elementary School Rated A
- Heating Available
About This Home
As of July 2017Great Mesa investment property with 1000sqft units!! This property features 4 large 2 bed 2 bath units. The first floor units feature remodeled kitchens with all tile floors and large fenced yards. Up stairs unit D has Vinyl floors with a remodeled kitchen. Unit C has a Remodeled kitchen with Laminate floors in the main living area and carpet in the bed rooms. Most of the windows replaced with vinyl dual pane.Separate laundry building with a owned coin machines that brings in aprox $1500.00 per yr in additional income. The laundry building also contains storage units for each of the tenants. Long term tenants rented well below market. Plenty of upside left in these rents. New roof on the 4 plex with 5yr warranty. Located with in walking distance to light rail. See Document tab for Apod. Information provided is estimated. Buyer or buyers agent to verify all information. Owner pays water ,sewer, trash and power for the laundry room.Buyer or buyers agent to verify all information provided to their satisfaction.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #SA528694000 Listed on: 04/05/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,300
Year Built
- Built in 1973
Home Design
- Wood Frame Construction
- Shake Roof
- Built-Up Roof
- Foam Roof
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 32
- Assessor Parcel Number 138-20-103
Community Details
Overview
- 4 Units
- Building Dimensions are 6897
- Suburban Gardens 2 Subdivision
Building Details
- Operating Expense $10,628
- Gross Income $33,087
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2017
Closed on
Jul 7, 2017
Sold by
Buxton Laila and Buxton Brett
Bought by
Buxton Brett
Seller's Agent
Robert Towne
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Dale Eames
Professional Real Estate Negotiators
List Price
$339,000
Sold Price
$345,000
Premium/Discount to List
$6,000
1.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Original Mortgage
$338,751
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 5, 2017
Closed on
Jun 26, 2017
Sold by
Black & White Properties Llc
Bought by
Buxton Brett
Seller's Agent
Robert Towne
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Dale Eames
Professional Real Estate Negotiators
List Price
$339,000
Sold Price
$345,000
Premium/Discount to List
$6,000
1.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 8, 2009
Sold by
The Bank Of New York
Bought by
White James and White Betty
Purchase Details
Closed on
Feb 24, 2009
Sold by
Allen Randal S
Bought by
The Bank Of New York
Purchase Details
Closed on
Sep 29, 2005
Sold by
Ugalde Mario Anthony and Ugalde Marcia Susan
Bought by
Allen Randal S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.37%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jun 30, 2005
Sold by
Ugalde Mario and Ugalde Marcia
Bought by
Ugalde Mario Anthony and Ugalde Marcia Susan
Purchase Details
Closed on
Sep 18, 2004
Sold by
Le Grande Investments Llc
Bought by
Ugalde Mario and Ugalde Marcia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2001
Sold by
Legrande Investments Llc
Bought by
Hillard C Dale and Hillard Virginia
Purchase Details
Closed on
Apr 30, 2001
Sold by
Legrande Investments Llc
Bought by
Hillard C D and Hillard Virigina A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
6.92%
Purchase Details
Closed on
May 2, 2000
Sold by
Hillard C Dale and Hillard Virginia A
Bought by
Legrande Investments Llc
Purchase Details
Closed on
Jun 25, 1999
Sold by
Cressman Milford Dugold and Cressman Rozelle Noulis
Bought by
Hillard C Dale and Hillard Virginia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.05%
Mortgage Type
New Conventional
Similar Homes in Mesa, AZ
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First Arizona Title Agency L | |
| Warranty Deed | $345,000 | First Arizona Title Agency L | |
| Cash Sale Deed | $125,900 | First American Title Ins Co | |
| Trustee Deed | $171,000 | First American Title | |
| Warranty Deed | $370,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $320,000 | Ticor Title Agency Of Az Inc | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | Stewart Title & Trust | |
| Quit Claim Deed | -- | Stewart Title & Trust | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $155,000 | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $333,200 | New Conventional | |
| Closed | $338,751 | FHA | |
| Previous Owner | $65,000 | New Conventional | |
| Previous Owner | $292,000 | Negative Amortization | |
| Previous Owner | $192,000 | New Conventional | |
| Previous Owner | $202,500 | Unknown | |
| Previous Owner | $164,500 | No Value Available | |
| Previous Owner | $139,500 | New Conventional | |
| Closed | $96,000 | No Value Available | |
| Closed | $36,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | For Sale | $775,000 | +124.6% | -- |
| 07/07/2017 07/07/17 | Sold | $345,000 | 0.0% | $86 / Sq Ft |
| 07/07/2017 07/07/17 | Off Market | $345,000 | -- | -- |
| 07/06/2017 07/06/17 | For Sale | $339,000 | 0.0% | $84 / Sq Ft |
| 07/06/2017 07/06/17 | Price Changed | $339,000 | 0.0% | $84 / Sq Ft |
| 05/26/2017 05/26/17 | Pending | -- | -- | -- |
| 05/24/2017 05/24/17 | For Sale | $339,000 | 0.0% | $84 / Sq Ft |
| 05/24/2017 05/24/17 | Price Changed | $339,000 | -2.9% | $84 / Sq Ft |
| 05/11/2017 05/11/17 | Pending | -- | -- | -- |
| 04/05/2017 04/05/17 | For Sale | $349,000 | -- | $87 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,543 | $15,724 | -- | -- |
| 2024 | $1,556 | $14,975 | -- | -- |
| 2023 | $1,556 | $57,670 | $11,530 | $46,140 |
| 2022 | $1,524 | $43,570 | $8,710 | $34,860 |
| 2021 | $1,542 | $34,530 | $6,900 | $27,630 |
| 2020 | $1,522 | $30,900 | $6,180 | $24,720 |
| 2019 | $1,422 | $26,850 | $5,370 | $21,480 |
| 2018 | $1,365 | $21,870 | $4,370 | $17,500 |
| 2017 | $1,325 | $20,600 | $4,120 | $16,480 |
| 2016 | $1,300 | $19,400 | $3,880 | $15,520 |
| 2015 | $1,222 | $17,650 | $3,530 | $14,120 |
Source: Public Records
Agents Affiliated with this Home
-
Dale Eames
Seller's Agent in 2025
Dale Eames
Professional Real Estate Negotiators
(480) 330-3485
1 in this area
38 Total Sales
-
Robert Towne
Seller's Agent in 2017
Robert Towne
Better Homes & Gardens Real Estate SJ Fowler
(602) 570-8605
15 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5585810
APN: 138-20-103
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.
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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