NOT LISTED FOR SALE

Estimated Value: $416,365 - $560,000

4 Beds
-- Bath
1,896 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 17, 2014

Last sale price $125,000 $66 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $2,621/month

168 Days on Market

Highlights

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

About This Home

As of April 2014

PLEASE DO NOT DISTURB
TENANTS!
IT IS DISTINCTLY POSSIBLE THEY
MAY BECOME YOUR TENANTS.
This property has been highly updated and renovated. Painting inside and out was just completed. Both units are occupied. Terrific Cash Flow Highly maintained Property Near Several Parks Close Location Mesa Community College (Potential Tenants) Fiesta Mall Near to Buss stop and concentration of Nearby Employment Freshly painted inside and out. Very clean
No Carpet - low maintenance, durable tile through out. Low maintenance landscaping Hookups for Washer/Dryer in each unit. Tenant Storage room 2 Bd 2Ba Times Two
Two separate rents and leases

Last Agent to Sell the Property

Greg Johnson

United Southwest Realty License #BR008487000 Listed on: 10/05/2013

Last Buyer's Agent

Lala Smith

eXp Realty License #SA580543000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $528

Year Built

  • Built in 1971

Lot Details

  • 5,184

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 18
  • Assessor Parcel Number 134-13-019-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $2,828
  • Gross Income $15,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$528

Year Built

Built in 1971

Lot Details

5,184 Sq Ft Lot

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: 2012
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • 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

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 134-13-019-B

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 15840.0
  • Insurance Expense: 500.0
  • Maintenance Expense: 600.0
  • Annual Operating Expense: 2828.0

Tax Info

  • Tax Annual Amount: 528.0
  • Tax Book Number: 134.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2013
Closed on
Apr 9, 2014
Sold by
Inspiring Real Estate Llc
Bought by
Leyva Ricardo
Seller's Agent
Greg Johnson
United Southwest Realty
Buyer's Agent
Lala Smith
eXp Realty
List Price
$158,900
Sold Price
$125,000
Premium/Discount to List
-$33,900
-21.33%
Current Estimated Value
$494,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,341
Avg. Annual Appreciation
12.24%
Original Mortgage
$65,000
Outstanding Balance
$19,539
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$474,802

Purchase Details

Closed on
Nov 18, 2011
Sold by
Freedomaker Llc
Bought by
Inspiring Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2010
Sold by
Valdellon Vladimir and Valdellon Zenaida
Bought by
Freedomaker Llc

Purchase Details

Closed on
Nov 24, 2007
Sold by
Valdellon Vladimir and Valdellon Zenaida
Bought by
Valdellon Vladimir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,300
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2004
Sold by
Mcdowell Michael D and Borman Courtney A
Bought by
Valdellon Vladimir and Valdellon Zenaida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,950
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2002
Sold by
Rice Leslie P and Rice Louise
Bought by
Vanngo Thuong and Ngo My Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2002
Sold by
Rice Leslie P and Rice Louise
Bought by
Rice Leslie P and Rice Louise

Purchase Details

Closed on
Oct 19, 1994
Sold by
Jay Oak T and Jay Laura C B
Bought by
Rice Leslie P and Rice Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.86%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Leyva Ricardo $125,000 Fidelity National Title Agen
Inspiring Real Estate Llc $75,000 Grand Canyon Title Agency In
Freedomaker Llc $55,000 Fidelity Natl Title Ins Co
Valdellon Vladimir -- None Available
Valdellon Zenaida -- None Available
Valdellon Vladimir $177,500 First American Title Ins Co
Vanngo Thuong $115,000 Security Title Agency
Rice Leslie P -- --
Rice Leslie P $71,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leyva Ricardo $65,000
Previous Owner Inspiring Real Estate Llc $65,000
Previous Owner Valdellon Vladimir $153,300
Previous Owner Valdellon Vladimir $152,950
Previous Owner Vanngo Thuong $80,500
Previous Owner Rice Leslie P $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2014 04/17/14 Sold $125,000 -21.3% $66 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
10/04/2013 10/04/13 For Sale $158,900 -- $84 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $918 $9,309 -- --
2024 $921 $8,865 -- --
2023 $921 $30,120 $6,020 $24,100
2022 $839 $22,550 $4,510 $18,040
2021 $854 $19,020 $3,800 $15,220
2020 $843 $17,160 $3,430 $13,730
2019 $785 $14,910 $2,980 $11,930
2018 $752 $13,610 $2,720 $10,890
2017 $729 $11,060 $2,210 $8,850
2016 $715 $9,420 $1,880 $7,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5010072

Arizona Regional Multiple Listing Service (ARMLS)

APN: 134-13-019B

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