NOT LISTED FOR SALE

Estimated Value: $388,000 - $554,000

-- Bed
-- Bath
1,904 Sq Ft
$244/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $185,000 $97 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,543/month

46 Days on Market

Highlights

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

About This Home

As of July 2017

DUPLEX WITH 2 BEDROOM, 2 BATHROOM IN EACH UNIT WITH OVER 950 SQ FT PER UNIT,
GREAT LOCATION, CLOSE TO MALLS, ENTERTAINMENT, US-60, 101 AND 202 FREEWAYS, STRONG RENTS IN AREA.

Last Agent to Sell the Property

Jose Munoz

DPR Realty LLC License #SA530866000 Listed on: 05/05/2017

DPR Realty LLC

Last Buyer's Agent

Lindsay Duffy

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $720

Year Built

  • Built in 1971

Lot Details

  • 5,663

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking
  • Assigned Parking

Schools

  • Redbird Elementary School
  • Powell Junior High School
  • Dobson High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer
  • The owner pays for landscaping
  • Tax Lot 17
  • Assessor Parcel Number 134-13-018-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 5640
  • Mesa Southwest Estates Subdivision

Building Details

  • Operating Expense $2,796
  • Gross Income $20,400
  • Net Operating Income $18,324

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$720

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: ALMA SCHOOL & SOUTHERN
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2016
  • Directions: NORTH ON ALMA SCHOOL, EAST TO PROPERTY
  • Road Surface Type: Asphalt
  • Subdivision Name: MESA SOUTHWEST ESTATES
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Ceiling Fan(s)
  • 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

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Redbird Elementary School
  • High School: Dobson High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Powell Junior High School

Lot Info

  • Lot Size: 5640
  • Additional Parcels: No
  • Parcel #: 134-13-018-B

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0
  • Insurance Expense: 756.0
  • Property Net Operating Income: 18324.0
  • Annual Operating Expense: 2796.0

Tax Info

  • Tax Annual Amount: 720.0
  • Tax Book Number: 134.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2023
Sold by
Sokol Joseph
Bought by
Goldrich Properties Llc
Total Days on Market
46
Current Estimated Value
$464,510

Purchase Details

Listed on
May 5, 2017
Closed on
Jul 18, 2017
Sold by
Nunez Armando and Anaximandro Jose
Bought by
Sokol Joseph
Seller's Agent
Jose Munoz
DPR Realty LLC
Buyer's Agent
Lindsay Duffy
eXp Realty
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$138,750
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2015
Closed on
Feb 27, 2015
Sold by
Armstrong John W and Armstrong Dena K
Bought by
Nunez Armando and Alvarez Cisneros
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
Jose Munoz
DPR Realty LLC
List Price
$12,500
Sold Price
$120,000
Premium/Discount to List
$107,500
860%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.76%

Purchase Details

Closed on
Aug 15, 2008
Sold by
Armstrong Dena K
Bought by
Armstrong John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2008
Sold by
Joyner Steve and Joyner Tameka J
Bought by
Us Bank Na and Mastr Adjustable Rate Mortgages Trust 20

Purchase Details

Closed on
May 24, 2005
Sold by
Boreman Courtney A
Bought by
Joyner Steve and Joyner Tameka J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 2003
Sold by
Heartquist Paul E and Heartquist Linda A
Bought by
Borman Courtney A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,300
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 2003
Sold by
Lane Fred
Bought by
Heartquist Paul E and Heartquist Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2000
Sold by
Papic Marian R and Papic Joseph A
Bought by
Lane Fred

Purchase Details

Closed on
Jul 10, 1998
Sold by
Gustke Paul Richard and Gustke Steven L
Bought by
Papic Joseph A and Papic Janice C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.9%
Mortgage Type
New Conventional
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
Goldrich Properties Llc -- None Listed On Document
Sokol Joseph $185,000 Wfg National Title Insurance
Nunez Armando $120,000 Empire West Title Agency
Armstrong John W -- First American Title Ins Co
Armstrong John W $76,000 First American Title Ins Co
Us Bank Na $181,800 First American Title
Joyner Steve $210,000 --
Borman Courtney A $120,500 Capital Title Agency Inc
Heartquist Paul E $112,000 Capital Title Agency Inc
Lane Fred $114,000 Transnation Title Insurance
Papic Joseph A $84,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sokol Joseph $138,750
Previous Owner Amh 2014-1 Borrower Llc $482,700,000
Previous Owner Armstrong John W $60,400
Previous Owner Joyner Steve $210,000
Previous Owner Joyner Steven M $168,000
Previous Owner Joyner Steve $168,000
Previous Owner Borman Courtney A $18,300
Previous Owner Borman Courtney A $97,600
Previous Owner Heartquist Paul E $89,600
Previous Owner Papic Joseph A $67,200
Closed Papic Joseph A $8,400
Closed Heartquist Paul E $16,800
Closed Joyner Steve $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $185,000 -5.1% $97 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $195,000 +62.5% $102 / Sq Ft
02/27/2015 02/27/15 Sold $120,000 +860.0% $63 / Sq Ft
02/14/2015 02/14/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $12,500 -- $7 / 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 $926 $9,437 -- --
2024 $934 $8,988 -- --
2023 $934 $30,480 $6,090 $24,390
2022 $845 $22,810 $4,560 $18,250
2021 $861 $19,300 $3,860 $15,440
2020 $850 $17,400 $3,480 $13,920
2019 $791 $15,070 $3,010 $12,060
2018 $757 $13,750 $2,750 $11,000
2017 $734 $11,160 $2,230 $8,930
2016 $720 $9,530 $1,900 $7,630
2015 $678 $9,080 $1,810 $7,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5601175

Arizona Regional Multiple Listing Service (ARMLS)

APN: 134-13-018B