NOT LISTED FOR SALE

Estimated Value: $615,559 - $716,000

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

Sale Details

Date Sold: May 25, 2022

Last sale price $670,000 $744 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,263 / mo

31 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of May 2022

Back on the market! Buyer got cold feet, their loss is your gain! Huge Investment Opportunity located in a quaint cul-de-sac in the heart of Mesa!!! CURRENT RENTS ARE: $884, $904, $1,092, AND $1,196. All units are currently leased and feature 2 bedroom, 1 bathroom, covered parking space, separate storage for each unit, onsite coin operated laundry, and best of all NO HOA! One unit is upgraded with new flooring, cabinetry, paint, appliances, counter tops, water heater, light fixtures, doors, windows and trim. Owner pays water/sewer/trash and tenants pay electrical. Close to shopping, dining, light rail, buses, Mesa Community College, and more! This one will go fast!

Last Agent to Sell the Property

John Gluch

eXp Realty License #SA573605000 Listed on: 03/11/2022

eXp Realty

Co-Listed By

Bradley Stewart

eXp Realty License #SA660377000

Last Buyer's Agent

Gary Weller

Weller Realty & Management License #BR006009000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1972

Lot Details

  • 7,841

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 23
  • Assessor Parcel Number 134-13-024-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 98x106
  • Mesa Southwest Estates Subdivision

Building Details

  • Operating Expense $11,065
  • Gross Income $37,616
  • Net Operating Income $26,551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,330

Year Built

Built in 1972

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Cross Street: Alma School and Broadway Rd.
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1974.0
  • Co List Office Mls Id: xpre01
  • Co List Office Phone: 888-897-7821
  • Subdivision Name: MESA SOUTHWEST ESTATES
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Built-In Range, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Siding, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved, 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Trash Expense: 1500.0
  • Annual Water Sewer Expense: 3600.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 98x106
  • Additional Parcels: No
  • Parcel #: 134-13-024-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 37616.04
  • Insurance Expense: 1821.0
  • Property Net Operating Income: 26551.04
  • Annual Operating Expense: 11065.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1330.0
  • Tax Book Number: 134.00
  • Tax Lot: 23
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2022 05/25/22 Sold $670,000 +3.9% $744 / Sq Ft
03/18/2022 03/18/22 For Sale $644,999 -3.7% $717 / Sq Ft
03/14/2022 03/14/22 Off Market $670,000 -- --
03/11/2022 03/11/22 For Sale $644,999 +44.6% $717 / Sq Ft
05/18/2020 05/18/20 Sold $446,000 -0.7% $496 / Sq Ft View Prior Sale
05/16/2020 05/16/20 Price Changed $449,000 0.0% $499 / Sq Ft
03/29/2020 03/29/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $449,000 0.0% $499 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $449,000 +162.6% $499 / Sq Ft
06/03/2015 06/03/15 Sold $171,000 +7.5% $190 / Sq Ft View Prior Sale
05/01/2015 05/01/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $159,000 -- $177 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6367083

Arizona Regional Multiple Listing Service (ARMLS)

APN: 134-13-024A

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