$120,000
SOLD FEB 27, 2015
-- Bed
-- Bath
1,904 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

860% Above List Price

37 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of July 2017

LOWEST PRICED DUPLEX CURRENTLY IN MESA! AWESOME LOCATION IN THE HEART OF MESA! WITHIN 1-2 MILES OF LOOP 202 FREEWAY, MESA COMMUNITY COLLEGE, FIESTA MALL, AND MUCH MORE! LOTS OF SHOPPING NEARBY! STRONG RENTS OF $600 IN THE AREA! GREAT CASH FLOWING PROPERTY IN A GREAT LOCATION!

Last Agent to Sell the Property

Daniel Shreeve

Arizona Platinum Properties LLC License #BR572199000 Listed on: 01/08/2015

Last Buyer's Agent

Jose Munoz

DPR Realty LLC License #SA530866000

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $723

Year Built

  • Built in 1971

Home Design

  • Shake Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • 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 $4,823
  • Gross Income $14,640
  • Net Operating Income $9,817

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$723

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Alma School & Broadway
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1971
  • Tax Year: 2014
  • Directions: SOUTH TO DRUMMER EAST TO UNIT ON THE NORTH SIDE
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1200.0
  • Subdivision Name: Mesa Southwest Estates
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Construction Type: Painted, Block
  • Roof: See Remarks, Rolled/Hot Mop, Shake
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: 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

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1500.0

Schools

  • Elementary School: Redbird Elementary School
  • High School: Dobson High School
  • 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: Water
  • Number Of Units Total: 2
  • Annual Gross Income: 14640.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 9817.0
  • Annual Operating Expense: 4823.0

Tax Info

  • Tax Annual Amount: 723.0
  • 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
Current Estimated Value
$458,406

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
11.76%
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
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $185,000 Wfg National Title Insurance
Cash Sale Deed $120,000 Empire West Title Agency
Interfamily Deed Transfer -- First American Title Ins Co
Special Warranty Deed $76,000 First American Title Ins Co
Trustee Deed $181,800 First American Title
Warranty Deed $210,000 --
Warranty Deed $120,500 Capital Title Agency Inc
Warranty Deed $112,000 Capital Title Agency Inc
Warranty Deed $114,000 Transnation Title Insurance
Warranty Deed $84,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $138,750 New Conventional
Previous Owner $482,700,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $60,400 Purchase Money Mortgage
Previous Owner $210,000 Negative Amortization
Previous Owner $168,000 Fannie Mae Freddie Mac
Previous Owner $168,000 New Conventional
Previous Owner $18,300 Credit Line Revolving
Previous Owner $97,600 New Conventional
Previous Owner $89,600 New Conventional
Previous Owner $67,200 New Conventional
Closed $8,400 No Value Available
Closed $16,800 No Value Available
Closed $31,500 No Value Available
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: 5218622

Arizona Regional Multiple Listing Service (ARMLS)

APN: 134-13-018B