NOT LISTED FOR SALE

Estimated Value: $553,002 - $767,000

-- Bed
-- Bath
3,095 Sq Ft
$214/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $327,000 $106 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,618/month

71 Days on Market

Highlights

  • Multiple cooling system units
  • Franklin at Brimhall Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of July 2018

Clean fully Rented Fourplex. No HOA. All 2 Bedroom Units. Covered Parking, Individually Metered. Good Cash Flow and Easy Keeper. Location Close to Fiesta District and Mesa Community College. Cul De Sac Lot. All Facts and figures Approximate Buyer to Verify to their Satisfaction including MLS info.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 04/10/2018

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,128

Year Built

  • Built in 1972

Lot Details

  • 6,970

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 20
  • Assessor Parcel Number 134-13-021-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6984
  • Mesa Southwest Estates Subdivision

Building Details

  • Operating Expense $6,928
  • Gross Income $29,640
  • Net Operating Income $24,272

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,128

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: ALMA SCHOOL/SOUTHERN
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1972
  • Tax Year: 2017
  • Directions: North on Alma School to Dragoon. East on Dragoon. Property is on south side of street.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: Mesa Southwest Estates
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: 2 or More Units, Central A/C, Individual, Electric
  • Heating: Central, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2400.0

Lot Info

  • Lot Size: 6984
  • Additional Parcels: No
  • Parcel #: 134-13-021-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 29640.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 24272.0
  • Annual Operating Expense: 6928.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1128.0
  • Tax Book Number: 134.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Demirjian Lara and Demirjian Nairy
Bought by
Demirjian Lara
Total Days on Market
71
Current Estimated Value
$661,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Outstanding Balance
$342,320
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$318,681

Purchase Details

Listed on
Apr 10, 2018
Closed on
Jun 28, 2018
Sold by
Amar Tech Llc
Bought by
Demirjian Lara and Demirjian Nairy
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$319,900
Sold Price
$327,000
Premium/Discount to List
$7,100
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$238,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2012
Closed on
Oct 29, 2012
Sold by
Navarette Jaime Flores
Bought by
Amar Tech Llc
Seller's Agent
Ruby Daems
Main Street Group
Buyer's Agent
Pieter Dijkstra
The Phoenix Area Real Estate
List Price
$90,000
Sold Price
$91,408
Premium/Discount to List
$1,408
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.06%
Original Mortgage
$56,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2012
Sold by
Meneses Illingworth Celilia
Bought by
Navarette Jaime Flores

Purchase Details

Closed on
Mar 8, 2006
Sold by
Navarrete Jaime Flores
Bought by
Navarrete Jaime Flores and Deavila Miriam Flores

Purchase Details

Closed on
Apr 25, 2005
Sold by
Illingworth Cecilia M
Bought by
Navarrete Jaime Flores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2003
Sold by
Navarrete Jaime Flores and Flores Jaime
Bought by
Navarrete Jaime Flores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,800
Interest Rate
7.75%

Purchase Details

Closed on
Jul 9, 2001
Sold by
Cardona Adriana M
Bought by
Flores Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
9.25%

Purchase Details

Closed on
Apr 14, 1998
Sold by
Coronel Armando B
Bought by
Flores Jaime and Cardona Adriana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,835
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 1995
Sold by
Hud
Bought by
Coronel Armando B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 1995
Sold by
The Prudential Home Mtg Company Inc
Bought by
Hud

Purchase Details

Closed on
May 9, 1995
Sold by
Ortiz Rudolph and Duarte Richard
Bought by
The Prudential Home Mtg Co
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Demirjian Lara -- Accommodation
Demirjian Lara $327,000 Great American Title Agency
Amar Tech Llc $91,408 Lawyers Title Of Arizona Inc
Navarette Jaime Flores -- Lawyers Title Of Arizona Inc
Navarette Jaime Flores -- Lawyers Title Of Arizona Inc
Navarrete Jaime Flores -- None Available
Navarrete Jaime Flores -- Dhi Title Of Arizona Inc
Navarrete Jaime Flores -- --
Flores Jaime -- Security Title Agency
Flores Jaime $129,900 Grand Canyon Title Agency In
Coronel Armando B -- Grand Canyon Title Agency In
Hud -- Security Title Agency
The Prudential Home Mtg Co -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demirjian Lara $371,000
Closed Demirjian Lara $238,500
Previous Owner Amar Tech Llc $60,000
Previous Owner Amar Tech Llc $56,000
Previous Owner Navarette Jamie Flores $54,121
Previous Owner Navarrete Jamie Flores $35,000
Previous Owner Navarrete Jaime Flores $224,000
Previous Owner Navarrete Jaime Flores $50,000
Previous Owner Navarrete Jaime Flores $159,800
Previous Owner Flores Jaime $130,400
Previous Owner Flores Jaime $128,835
Previous Owner Coronel Armando B $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $327,000 -0.9% $106 / Sq Ft
07/13/2018 07/13/18 Price Changed $329,900 0.0% $107 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
06/04/2018 06/04/18 Pending -- -- --
05/30/2018 05/30/18 Price Changed $329,900 -5.7% $107 / Sq Ft
05/09/2018 05/09/18 Price Changed $349,900 +9.4% $113 / Sq Ft
04/10/2018 04/10/18 For Sale $319,900 +250.0% $103 / Sq Ft
10/30/2012 10/30/12 Sold $91,408 +1.6% $114 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
04/22/2012 04/22/12 For Sale $90,000 -- $113 / 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 $1,315 $13,392 -- --
2024 $1,325 $12,754 -- --
2023 $1,325 $48,300 $9,660 $38,640
2022 $1,298 $35,530 $7,100 $28,430
2021 $1,314 $29,270 $5,850 $23,420
2020 $1,297 $26,120 $5,220 $20,900
2019 $1,211 $22,310 $4,460 $17,850
2018 $1,163 $20,200 $4,040 $16,160
2017 $1,128 $17,260 $3,450 $13,810
2016 $1,107 $15,180 $3,030 $12,150
2015 $1,041 $14,000 $2,800 $11,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5749249

Arizona Regional Multiple Listing Service (ARMLS)

APN: 134-13-021A