$380,000
SOLD AUG 9, 2019
-- Bed
-- Bath
2,940 Sq Ft
0.28 Acres

Recently Sold

$129 Per Sq Ft

6% Above List Price

1 Day on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 2-minute walk to Whitman Park
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of April 2022

Dont miss your opportunity to own your high performing 4 plex in the heart of mesa! Individually metered Water and Electric and there is NO HOA! Close to Mesa Riverview, Cubs and A's spring training facitilities, 202 and 101 Freeways! New roof installed in 2014. Rents average out to $735/month. Current market rents are between $750 - $850/month. This wont last long! Make it yours today!

Last Agent to Sell the Property

Michael Smith

Barrett Real Estate License #BR635584000 Listed on: 07/18/2019

Barrett Real Estate

Co-Listed By

Kathleen Smith

Barrett Real Estate License #BR016430000

Last Buyer's Agent

Royce Munroe

Munroe Multifamily License #BR512795000

Munroe Multifamily

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Mesa Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer
  • The owner pays for landscaping
  • Tax Lot 9
  • Assessor Parcel Number 136-18-102

Community Details

Overview

  • 4 Units
  • Building Dimensions are 12063
  • Center Park Lot 1 26 Tr A Subdivision

Building Details

  • Operating Expense $7,441
  • Gross Income $35,178
  • Net Operating Income $28,398

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,261

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Mckellips & Center
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2018
  • Directions: From Mckellips head South on Center to Inglewood, West on Inglewood to property on the left hand side
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1980.0
  • Co List Office Mls Id: ddsm01
  • Co List Office Phone: 480-967-1333
  • Subdivision Name: CENTER PARK LOT 1-26 TR A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:None30: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Electric
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

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

Lot Info

  • Lot Size: 12063
  • Additional Parcels: No
  • Parcel #: 136-18-102

Multi Family

  • Owner Pays: Landscaping, None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 35177.76
  • Insurance Expense: 1200.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 28397.76
  • Annual Operating Expense: 7441.0

Tax Info

  • Tax Annual Amount: 1261.0
  • Tax Book Number: 136.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Gelderman Jonathan
Bought by
Gelco Investment Corp
Current Estimated Value
$754,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$431,030
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$317,493

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 22, 2022
Sold by
Benardino John
Bought by
Gelco Investment Corp
Seller's Agent
Royce Munroe
Munroe Multifamily
Buyer's Agent
Bryce Neagle
ABI Multifamily
List Price
$730,000
Sold Price
$750,000
Premium/Discount to List
$20,000
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.06%

Purchase Details

Listed on
Jul 18, 2019
Closed on
Jul 25, 2019
Sold by
Benardino Deborah and Benardino John
Bought by
Benardino John
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
Royce Munroe
Munroe Multifamily
List Price
$360,000
Sold Price
$380,000
Premium/Discount to List
$20,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.52%

Purchase Details

Listed on
Jul 14, 2014
Closed on
Jul 21, 2015
Sold by
Draper John
Bought by
Draper Kelda
Seller's Agent
Cristina Hidalgo
West USA Realty
Buyer's Agent
Michael Smith
Barrett Real Estate
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Original Mortgage
$168,750
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2014
Closed on
Jul 17, 2015
Sold by
Hidalgo Maria E
Bought by
Draper Kelda
Seller's Agent
Cristina Hidalgo
West USA Realty
Buyer's Agent
Michael Smith
Barrett Real Estate
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2013
Sold by
Yanez Luis Raul
Bought by
Hidalgo Maria E

Purchase Details

Closed on
Dec 30, 2008
Sold by
Hidalgo Maria E
Bought by
Yanez Luis Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,111
Interest Rate
5.97%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2004
Sold by
Hidalgo Julio
Bought by
Hidalgo Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2001
Sold by
Fulop George J
Bought by
Blaine Dan Neil and Blaine Sara Fuller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 1998
Sold by
Fulop Kelley
Bought by
Fulop George J

Purchase Details

Closed on
Mar 17, 1998
Sold by
Osborne William J
Bought by
Fulop George J
Source: Public Records

Similar Homes in the area

  • 945 N Pasadena Unit 1, Mesa, AZ 85201

    $365,000

    • 2 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • 945 N Pasadena
    • Unit 1
    • Mesa, AZ

    Discover the fabulous community of Park Centre and enjoy this wonderful original owner home! Step through the gated courtyard into a large & airy living/dining room with vaulted ceilings, a cozy fireplace, and sliding glass doors leading to the back patio. NEW HVAC system, fresh interior paint and new carpet with LVP throughout! The kitchen includes built-in appliances including a new dishwasher,

    Mark Toon My Home Group Real Estate

    Section Image
  • 2059 E Brown Rd Unit 35, Mesa, AZ 85213

    $375,000

    • 2 Beds
    • 2 Baths
    • 1,619 Sq Ft
    • 2059 E Brown Rd
    • Unit 35
    • Mesa, AZ

    Don't miss this incredible opportunity in Villas Valencia! This stunning patio home has it all—private courtyard entry, tranquil atrium with water feature, and an open, airy layout with vaulted ceilings and a cozy fireplace. Completely remodeled with style: no more popcorn ceilings, recessed lighting, granite counters, and a custom coffee bar! Dual pane windows, updated appliances, and gorgeous

    David Oesterle RE/MAX Excalibur

    Section Image
  • 280 S Evergreen Rd Unit 1287, Tempe, AZ 85288

    $389,000

    • 2 Beds
    • 2.5 Baths
    • 1,100 Sq Ft
    • 280 S Evergreen Rd
    • Unit 1287
    • Tempe, AZ

    Welcome to this beautifully upgraded 2 bedroom, 2.5 bath end unit, ideally situated in a gated community just minutes from Tempe Marketplace, Riverview Park, and with quick access to the 101 and 202 freeways. This light filled home features stylish upgraded flooring, elegant quartz countertops, and a spacious open layout designed for modern living. Enjoy peaceful views of the community pool,

    David Goldberg Realty ONE Group

    Section Image
  • 4202 E Broadway Rd Unit 11, Mesa, AZ 85206

    $435,000

    • 2 Beds
    • 2 Baths
    • 1,884 Sq Ft
    • 4202 E Broadway Rd
    • Unit 11
    • Mesa, AZ

    Popular floor plan and neighborhood in Verde Groves. The community has a clubhouse, workout facility with heated pool and spa. This floor plan, The Summit, is the largest in this community. It has 2 large bedrooms, plus a den that could easily be a 3rd bedroom. This home was remodeled in 2020. The flooring is Luxury vinyl with tile in the bathrooms. Plantation shutters throughout the home. The

    Barbara Smith Russ Lyon Sotheby's International Realty

    Section Image
  • 4202 E Broadway Rd Unit 223, Mesa, AZ 85206

    $417,000

    • 2 Beds
    • 2 Baths
    • 1,540 Sq Ft
    • 4202 E Broadway Rd
    • Unit 223
    • Mesa, AZ

    ATTACHED PATIO HOME IN THE 55+ HIDDEN GEM GATED COMMUNITY OF VERDE GROVES. Popular HERITAGE FLOOR PLAN 1540 SQ FT, BUILT 2003. East/West with rear patio backing to common area complete with Xeriscape. This 2 bdrm, 2 bath home with extended depth 2 car garage features tile flooring through entire home, coffered ceiling in great room with accents of half-moon clerestory style windows newer interior

    Crisanna Tutera Keller Williams Integrity First

    Section Image
  • 4202 E Broadway Rd Unit 93, Mesa, AZ 85206

    $325,000

    • 2 Beds
    • 2 Baths
    • 1,206 Sq Ft
    • 4202 E Broadway Rd
    • Unit 93
    • Mesa, AZ

    This beautiful 2 bedroom, 2 bathroom townhome is waiting for you in this vibrant 55+ community!Seller is offering a 1% SELLER CONCESSION to the right buyer! It features a spacious, open great room, large kitchen, epoxied garage with custom cabinets, an extended covered patio and NEW ROOF (2023). Enjoy access to the community's HEATED POOL and SPA, ideal for year-round

    Cameron Raber eXp Realty

    Section Image
  • 440 S Parkcrest Unit 88, Mesa, AZ 85206

    $305,000

    • 2 Beds
    • 2 Baths
    • 1,182 Sq Ft
    • 440 S Parkcrest
    • Unit 88
    • Mesa, AZ

    Introducing a fully renovated condo in the Sunland Villas Condominiums community. This 2-bedroom, 2-bathroom condo offers a lovely home in a great location. As you enter, you'll be welcomed by a fully renovated interior where no expense has been spared. Fully remodeled kitchen with stainless steel appliances, fully renovated bathrooms, and brand new quartz countertops and luxury vinyl floors

    Brandon Shotwell HomeSmart

    Section Image
  • 5505 E Mclellan Rd Unit 111, Mesa, AZ 85205

    $415,000

    • 2 Beds
    • 2 Baths
    • 1,247 Sq Ft
    • 5505 E Mclellan Rd
    • Unit 111
    • Mesa, AZ

    Fully furnished, updated, 2-bedroom, 2-bath home in the master planned golf community of Alta Mesa. Clean, modern, and move-in ready with a great layout, vaulted ceilings, updated flooring and plenty of natural light. The sleek kitchen with black quartz countertops, stainless steel appliances, and crisp cabinetry provides a polished, contemporary feel. The living area opens up to the

    Jared Rodham Compass

    Section Image
  • 5830 E Mckellips Rd Unit 110, Mesa, AZ 85215

    $420,000

    • 2 Beds
    • 2 Baths
    • 1,315 Sq Ft
    • 5830 E Mckellips Rd
    • Unit 110
    • Mesa, AZ

    This well-maintained ''A'' model home is just steps from the community pool, spa, fitness center, and mailboxes. It features a split 2-bedroom, 2-bath layout with builder-option expansions that add extra space in key areas. See floor plan in the documents tab. Upgrades include granite countertops, upgraded flooring throughout, a frameless glass walk-in shower in the primary bath, and new

    Shanna Day Keller Williams Realty Phoenix

    Section Image

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 Type Sale Price Title Company
Special Warranty Deed -- --
Warranty Deed $750,000 Thomas Title & Escrow Llc
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Warranty Deed $380,000 Pioneer Title Agency Inc
Interfamily Deed Transfer -- Empire West Title Agency
Warranty Deed $225,000 Empire West Title Agency
Interfamily Deed Transfer -- Empire West Title Agency
Quit Claim Deed -- None Available
Warranty Deed $145,000 Great American Title Agency
Interfamily Deed Transfer -- Arizona Title Agency Inc
Warranty Deed $207,500 Arizona Title Agency Inc
Warranty Deed $165,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $119,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $284,000 New Conventional
Previous Owner $168,750 New Conventional
Previous Owner $168,750 New Conventional
Previous Owner $143,111 FHA
Previous Owner $145,200 Purchase Money Mortgage
Previous Owner $140,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $750,000 +2.7% $255 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $730,000 +92.1% $248 / Sq Ft
08/09/2019 08/09/19 Sold $380,000 +5.6% $129 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $360,000 +60.0% $122 / Sq Ft
05/29/2015 05/29/15 Sold $225,000 -9.6% $77 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
07/14/2014 07/14/14 For Sale $249,000 -- $85 / 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 $1,426 $14,524 -- --
2024 $1,437 $13,832 -- --
2023 $1,437 $48,260 $9,650 $38,610
2022 $1,408 $36,210 $7,240 $28,970
2021 $1,425 $29,820 $5,960 $23,860
2020 $1,406 $26,760 $5,350 $21,410
2019 $1,314 $22,610 $4,520 $18,090
2018 $1,261 $20,110 $4,020 $16,090
2017 $1,223 $16,960 $3,390 $13,570
2016 $1,201 $16,370 $3,270 $13,100
2015 $1,129 $14,430 $2,880 $11,550
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5954104

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-18-102