NOT LISTED FOR SALE

120 E 14th St Mesa, AZ 85201

North Center Neighborhood

Estimated Value: $472,000 - $528,535

Studio
-- Bath
2,608 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $422,500 $162 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,677/month

47 Days on Market

Highlights

  • Multiple cooling system units
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of August 2022

MULTIPLE OFFERS RECEIVED! CHECK THIS OUT!!! PRICED SO LOW you can't pass up! Fabulous Duplex in Mesa This Charming Duplex offers 2 units w/2 bedrooms, 1.5 baths each, Living Rm, Large Kitchen w/Breakfast Bar & eating area. 2 story units w/HUGE backyards & Patios. Both units have a shed & lots of outdoor space w/covered patios. Unit 1 has new vinyl plank flooring downstairs, & newer paint. Both units have alley access & parking is on the back of both units, 2 parking spaces each. Very close to the 60 & 101, all kinds of great Shopping, Restaurants, Grocery, parks, etc close by. This Duplex offers so much & is ready for it's new owner. Limited Financials & Disclosures because property was inherited & in a Trust....Ready to sell! Both tenants out by end of July!

Last Agent to Sell the Property

Melissa McCormick Wise

Curt McCormick & Associates, L.L.C. License #BR501703000 Listed on: 06/01/2022

Co-Listed By

Curtis McCormick

Curt McCormick & Associates, L.L.C. License #BR011295000

Last Buyer's Agent

Michael Gordon

Get Multifamily License #BR688636000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1986

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Multiple cooling system units
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV, landscaping
  • The owner pays for water, sewer, trash collection
  • Assessor Parcel Number 136-22-033-N

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRREGULAR

Building Details

  • Operating Expense $1,270
  • Gross Income $20,160
  • Net Operating Income $20,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,270

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Center & McKellips
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: mccm01
  • Co List Office Phone: 480-991-0075
  • Tax Parcel Letter: N
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Disposal, W/D Hookup

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: None
  • Construction Type: Block, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Open, Paved, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Electric, 2 or More Units, Ceiling Fan(s)
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: IRREGULAR
  • Additional Parcels: No
  • Parcel #: 136-22-033-N

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 20160.0
  • Property Net Operating Income: 20160.0
  • Annual Operating Expense: 1270.0

Tax Info

  • Tax Annual Amount: 1270.0
  • Tax Lot: ---

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 4, 2022
Sold by
Barbara Clopton
Bought by
De La Torre Family Trust
Seller's Agent
Melissa McCormick Wise
Curt McCormick & Associates, L.L.C.
Buyer's Agent
Michael Gordon
Get Multifamily
List Price
$625,000
Sold Price
$422,500
Premium/Discount to List
-$202,500
-32.4%
Views
2
Current Estimated Value
$500,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,134
Avg. Annual Appreciation
4.88%
Original Mortgage
$191,100
Outstanding Balance
$182,973
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$317,661

Purchase Details

Closed on
Feb 16, 2022
Sold by
Barbara Clopton
Bought by
Clopton Barbara and Forsthoffer Fred Louis

Purchase Details

Closed on
Feb 5, 2022
Sold by
Barbara Clopton
Bought by
Clopton Barbara and Forsthoffer Fred Louis
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
De La Torre Family Trust $422,500 Fidelity National Title
Clopton Barbara -- Hfo Law Group Llp
Clopton Barbara -- Hfo Law Group Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open De La Torre Family Trust $191,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2022 08/10/22 Sold $422,500 -4.0% $162 / Sq Ft
07/09/2022 07/09/22 Price Changed $440,000 -12.0% $169 / Sq Ft
06/20/2022 06/20/22 Price Changed $500,000 -13.0% $192 / Sq Ft
06/11/2022 06/11/22 Price Changed $575,000 -8.0% $220 / Sq Ft
05/25/2022 05/25/22 For Sale $625,000 -- $240 / 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 $1,277 $12,944 -- --
2024 $1,281 $12,327 -- --
2023 $1,281 $37,110 $7,420 $29,690
2022 $1,254 $29,270 $5,850 $23,420
2021 $1,270 $24,380 $4,870 $19,510
2020 $1,253 $22,370 $4,470 $17,900
2019 $1,171 $19,570 $3,910 $15,660
2018 $1,124 $17,900 $3,580 $14,320
2017 $1,090 $14,420 $2,880 $11,540
2016 $1,070 $13,470 $2,690 $10,780
2015 $1,006 $11,930 $2,380 $9,550
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Melissa McCormick Wise

    Curt McCormick & Associates, L.L.C.

  • C

    Seller Co-Listing Agent in 2022

    Curtis McCormick

    Curt McCormick & Associates, L.L.C.

  • Michael Gordon

    Buyer's Agent in 2022

    Michael Gordon

    Get Multifamily

    (858) 774-6058

    2 in this area

    68 Total Sales

    Michael Gordon
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6406102

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-22-033N

Arizona Maricopa County Mesa 85201 North Center

120 E 14th St, Mesa, AZ

Not Listed for Sale

MultiFamily

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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