NOT LISTED FOR SALE

117 W 2nd St Mesa, AZ 85201

Downtown Mesa Neighborhood

Estimated Value: $375,000 - $963,000

-- Bed
4 Baths
1,401 Sq Ft
$556/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $915,000 $653 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,451/month

75 Days on Market

Highlights

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

About This Home

As of March 2022

Gorgeous 4-plex nestled in the absolute center of Millionaire's Row in Downtown Mesa which was named one of the ''Valley's Best Neighborhoods of 2021'' by Phoenix Magazine. The spacious suites are designed as two separate houses surrounded by estate homes within this exceptional neighborhood. Three suites are 2 bed/1bath and one suite is 1 bed/1 bath totaling 3,423 sf. Only a couple blocks from ASU's New American Film School for 800 students plus faculty, Main Street's vibrant restaurant and retail scene, the Mesa Arts Center, popular museums, and light rail. The property includes lush landscaping along with plenty of parking. Existing long term tenants with annual leases. Rare opportunity in center of highly desired neighborhood. Cap Rate of 5.2%

Last Agent to Sell the Property

Jared English

Congress Realty, Inc. Brokerage Phone: 888-881-4118 License #BR569813000 Listed on: 12/04/2021

Last Buyer's Agent

Rachel Frantz

Long Realty Jasper Associates License #SA552323000

Long Realty Jasper Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1957

Lot Details

  • 10,716

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Emerson Elementary School
  • Carson Junior High Middle School
  • Westwood High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water
  • Legal Lot and Block 7 / 4
  • Assessor Parcel Number 138-34-025

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 65 x 165
  • Mesa City Arizona Subdivision

Building Details

  • Operating Expense $1,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,192

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: 2nd Street and Macdonald
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: DR-2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2021
  • Attribution Contact: 888-881-4118
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: MESA CITY ARIZONA
  • Construction Brick: Yes
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Block, Brick, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: 2 or More Units, Central A/C, Heat Pump, Wall/Window Unit(s)
  • Heating: Central, Heat Pump, Window/Wall Unit(s), 2 or More Units, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Irrigation
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes

Schools

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

Lot Info

  • Lot Size: 65 x 165
  • Additional Parcels: No
  • Parcel #: 138-34-025

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1192.0

Tax Info

  • Tax Annual Amount: 1192.0
  • Tax Block: 4
  • Tax Book Number: 138.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Mar 15, 2022
Sold by
119 Mesa Llc
Bought by
Jovita Amador Revocable Trust
Seller's Agent
Jared English
Congress Realty, Inc.
Buyer's Agent
Rachel Frantz
Long Realty Jasper Associates
List Price
$960,000
Sold Price
$915,000
Premium/Discount to List
-$45,000
-4.69%
Total Days on Market
75
Current Estimated Value
$779,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$135,499
Avg. Annual Appreciation
-5.15%

Purchase Details

Closed on
Feb 5, 2018
Sold by
Johnson Dale E and D E & P N Johnson Family Trust
Bought by
119 Mesa Llc

Purchase Details

Closed on
Sep 13, 2002
Sold by
Johnson Dale Elijah and Johnson Phyllis Nadine
Bought by
Johnson Dale Elijah and Johnson Phyllis Nadine
Source: Public Records

Range of Values:

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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
Jovita Amador Revocable Trust $915,000 Premier Title
119 Mesa Llc $270,000 First American Title Insuran
Johnson Dale Elijah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 119 Mesa Llc $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $915,000 -1.1% $653 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/08/2022 02/08/22 Price Changed $925,000 -3.6% $660 / Sq Ft
12/17/2021 12/17/21 For Sale $960,000 0.0% $685 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
12/04/2021 12/04/21 For Sale $960,000 -- $685 / 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 $1,295 $13,188 -- --
2024 $1,194 $12,560 -- --
2023 $1,194 $49,380 $9,870 $39,510
2022 $1,169 $36,850 $7,370 $29,480
2021 $1,192 $30,420 $6,080 $24,340
2020 $1,177 $27,830 $5,560 $22,270
2019 $1,094 $20,660 $4,130 $16,530
2018 $1,048 $18,420 $3,680 $14,740
2017 $1,016 $15,030 $3,000 $12,030
2016 $997 $14,170 $2,830 $11,340
2015 $939 $12,820 $2,560 $10,260
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jared English

    Congress Realty, Inc.

  • Rachel Frantz

    Buyer's Agent in 2022

    Rachel Frantz

    Long Realty Jasper Associates

    (480) 678-2484

    1 in this area

    34 Total Sales

    Rachel Frantz
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6328496

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-34-025

Arizona Maricopa County Mesa 85201 Downtown Mesa

117 W 2nd St, Mesa, AZ

This home is located at 117 W 2nd St, Mesa, AZ 85201 since 04 December 2021 and is currently estimated at $779,501, approximately $556 per square foot. This property was built in 1957. 117 W 2nd St is a home located in Maricopa County with nearby schools including Eisenhower Center for Innovation, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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