NOT LISTED FOR SALE

1141 N March Cir Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $527,346 - $614,000

5 Beds
-- Bath
2,244 Sq Ft
$252/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $487,000 $217 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,180/month

4 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of December 2021

EXCELLENT TRI-PLEX INVESTMENT OPPORTUNITY WITH NO HOA. ONE 1BED,1BATH AND TWO 2 BED 1 BATH UNITS. FULLY RENTED TRI-PLEX WITH LONG TERM TENANTS IN NORTHEAST MESA. RO0F 4 YRS OLD, AC REPLACED IN UNIT 3 WITHIN THE LAST 3 YRS. LONG TERM TENANTS ARE ON MONTH TO MONTH. RENTS ARE BELOW MARKET. STRONG RENTAL AREA. COVERED PARKING, SLUMP-BLOCK, AND STORAGE FOR EACH UNIT ,FENCED YARD. VERY LARGE INDIVIDUAL YARDS. EASY TO MAINTAIN DESERT LANDSCAPING. DRIVE BY TO SHOW. SHOWINGS AFTER ACCEPTED CONTRACT. PLEASE ALLOW 48HRS FOR SELLERS RESPONSE.

Last Agent to Sell the Property

Jose Lamboglia

World Class Properties License #SA636342000 Listed on: 11/13/2021

Last Buyer's Agent

Juan Olivera

Keller Williams Integrity First License #SA674498000

Keller Williams Integrity First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,119

Year Built

  • Built in 1969

Lot Details

  • 10,324

Home Design

  • Composition Roof

Interior Spaces

  • Ceiling Fan

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • Carport

Schools

  • Kerr Elementary School
  • Kings Ridge Middle School
  • Westwood High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for water, sewer, landscaping
  • Tax Lot 66
  • Assessor Parcel Number 137-32-172-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are UNK
  • Enchanted Village Subdivision

Building Details

  • Operating Expense $8,419
  • Gross Income $27,600
  • Net Operating Income $6,651

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,119

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Cross Street: MESA DR. / BROWN
  • Property Type: Multiple Dwellings
  • Zoning: R
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1969
  • Tax Year: 2021
  • Directions: EAST TO MARCH CR., NORTH TO 1411.
  • Road Surface Type: Asphalt
  • Subdivision Name: ENCHANTED VILLAGE
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: 1 Space/Unit, Carport
  • 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 Features:Carport: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • 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: Kings Ridge School

Lot Info

  • Lot Size: UNK
  • Additional Parcels: No
  • Parcel #: 137-32-172-A

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 27600.0
  • Insurance Expense: 1300.0
  • Maintenance Expense: 3500.0
  • Property Net Operating Income: 6651.0
  • Annual Operating Expense: 8419.0

Tax Info

  • Tax Annual Amount: 1119.0
  • Tax Book Number: 137.00
  • Tax Lot: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Dec 14, 2021
Sold by
Dominguez Carlos A and Ortega Laura G
Bought by
Gonzalez Telesforo G Olivera
Seller's Agent
Jose Lamboglia
World Class Properties
Buyer's Agent
Juan Olivera
Keller Williams Integrity First
List Price
$460,000
Sold Price
$487,000
Premium/Discount to List
$27,000
5.87%
Current Estimated Value
$563,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,961
Avg. Annual Appreciation
5.09%
Original Mortgage
$365,200
Outstanding Balance
$339,316
Interest Rate
3.11%
Mortgage Type
Construction
Estimated Equity
$243,485

Purchase Details

Closed on
May 23, 2001
Sold by
Shanahan James T
Bought by
Dominguez Carlos A and Paniagua Laura G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,415
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Gonzalez Telesforo G Olivera $487,000 Great American Ttl Agcy Inc
Dominguez Carlos A $122,500 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Telesforo G Olivera $365,200
Previous Owner Dominguez Carlos A $128,250
Previous Owner Dominguez Carlos A $148,200
Previous Owner Dominguez Carlos A $155,000
Previous Owner Dominguez Carlos A $122,206
Previous Owner Dominguez Carlos A $121,415
Previous Owner Shanahan James T $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $487,000 +5.9% $217 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $460,000 -- $205 / 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 $1,119 $11,404 -- --
2024 $1,128 $10,861 -- --
2023 $1,128 $37,580 $7,510 $30,070
2022 $1,105 $28,630 $5,720 $22,910
2021 $1,119 $24,220 $4,840 $19,380
2020 $1,104 $22,080 $4,410 $17,670
2019 $1,032 $18,560 $3,710 $14,850
2018 $990 $16,480 $3,290 $13,190
2017 $961 $13,670 $2,730 $10,940
2016 $943 $12,980 $2,590 $10,390
2015 $886 $11,300 $2,260 $9,040
Source: Public Records

Agents Affiliated with this Home

  • Jose Lamboglia

    Seller's Agent in 2021

    Jose Lamboglia

    World Class Properties

    (602) 390-6166

    1 in this area

    17 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Juan Olivera

    Keller Williams Integrity First

    (480) 454-9358

    2 in this area

    23 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6321061

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-32-172A

Arizona Maricopa County Mesa 85201 Mesa Patios

1141 N March Cir, Mesa, AZ

This home is located at 1141 N March Cir, Mesa, AZ 85203 since 13 November 2021 and is currently estimated at $564,837, approximately $251 per square foot. This property was built in 1969. 1141 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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