NOT LISTED FOR SALE

123 N Phyllis Mesa, AZ 85201

West Main Neighborhood

Estimated Value: $612,569 - $720,000

8 Beds
-- Bath
2,640 Sq Ft
$256/Sq Ft Est. Value

Last Sold January 14, 2020

Last sale price $390,000 $148 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,803/month

23 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of January 2020

Nice turnkey 4-plex for sale. LOCATED IN OPPORTUNITY ZONE! All 2 bed/1 bath. Master metered for water, individually metered for electric, no gas. New roof, new exterior paint and siding, new deck/landing. Interiors are mostly updated. Tenants are on written leases, three are month to month, ROOM TO INCREASE RENTS. Covered parking, one storage per tenant and one property storage with W/D hook-up. DRIVE BY ONLY. DO NOT DISTURB TENANTS. BUYER TO VERIFY ALL FACTS AND FIGURES.

Last Agent to Sell the Property

Lisa Richardson

ROI Asset Management Solutions License #BR531022000 Listed on: 09/14/2019

Last Buyer's Agent

Roseann Fox

HomeSmart License #SA652251000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 1983

Lot Details

  • 7,187

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 9 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Paved Parking

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 135-45-121

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7182
  • La Mesita Amd Lot 1 6 Subdivision

Building Details

  • Operating Expense $9,538
  • Gross Income $33,115
  • Net Operating Income $23,577

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,222

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: 101/Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2019
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: LA MESITA AMD LOT 1-6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm, APOD/Backup Avaible
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1184.0
  • Annual Water Sewer Expense: 2368.0

Schools

  • Elementary School: Webster 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: 7182
  • Additional Parcels: No
  • Parcel #: 135-45-121

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Electric Expense: 384.0
  • Annual Gross Income: 33115.1
  • Insurance Expense: 900.0
  • Maintenance Expense: 1680.0
  • Property Net Operating Income: 23577.0
  • Annual Operating Expense: 9538.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1222.0
  • Tax Book Number: 135.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2019
Closed on
Feb 14, 2020
Sold by
Jones Genevieve R
Bought by
Gensearic Llc
Seller's Agent
Lisa Richardson
ROI Asset Management Solutions
Buyer's Agent
Roseann Fox
HomeSmart
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Current Estimated Value
$674,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,642
Avg. Annual Appreciation
10.06%
Original Mortgage
$0
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 14, 2019
Closed on
Dec 19, 2019
Sold by
Ac Real Estate Investments Ii Llc
Bought by
Jones Genevieve R
Seller's Agent
Lisa Richardson
ROI Asset Management Solutions
Buyer's Agent
Roseann Fox
HomeSmart
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 5, 2017
Sold by
Culbertson Andrew C and Culbertson April L
Bought by
Ac Real Estate Investments Ll Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Culbertson Andrew Christian and Culbertson April
Bought by
Ac Real Estate Investments Ii Llc

Purchase Details

Closed on
Jun 14, 2004
Sold by
Huerta Joe R and Huerta Pat L
Bought by
Culbertson Andrew Christian and Culbertson April L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,120
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1997
Sold by
Huerta Joe and Huerta Joe R
Bought by
Huerta Joe R and Huerta Petra L
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 Buyer Sale Price Title Company
Gensearic Llc -- None Available
Jones Genevieve R $390,000 Driggs Title Agency Inc
Ac Real Estate Investments Ll Llc -- Accommodation
Culbertson Andrew C -- Grand Canyon Title Agency
Ac Real Estate Investments Ii Llc -- --
Culbertson Andrew Christian $198,900 Ticor Title Agency Of Az Inc
Huerta Joe R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jones Genevieve R $0
Previous Owner Jones Genevieve R $390,000
Previous Owner Culbertson Andrew Christian $160,800
Previous Owner Culbertson Andrew Christian $159,120
Closed Culbertson Andrew Christian $29,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2020 01/14/20 Sold $390,000 -2.3% $148 / Sq Ft
09/14/2019 09/14/19 For Sale $399,000 -- $151 / 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 $1,529 $13,508 -- --
2024 $1,134 $12,865 -- --
2023 $1,134 $49,670 $9,930 $39,740
2022 $1,109 $32,410 $6,480 $25,930
2021 $1,325 $25,780 $5,150 $20,630
2020 $1,308 $23,110 $4,620 $18,490
2019 $1,222 $19,780 $3,950 $15,830
2018 $1,173 $16,200 $3,240 $12,960
2017 $1,138 $15,200 $3,040 $12,160
2016 $1,117 $14,410 $2,880 $11,530
2015 $1,050 $12,410 $2,480 $9,930
Source: Public Records

Agents Affiliated with this Home

  • Lisa Richardson

    Seller's Agent in 2020

    Lisa Richardson

    ROI Asset Management Solutions

    (602) 770-8063

    13 Total Sales

    Section Image
  • Roseann Fox

    Buyer's Agent in 2020

    Roseann Fox

    HomeSmart

    (480) 695-2134

    11 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5978621

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-45-121

Arizona Maricopa County Mesa 85201 West Main

123 N Phyllis, Mesa, AZ

This home is located at 123 N Phyllis, Mesa, AZ 85201 since 14 September 2019 and is currently estimated at $674,642, approximately $255 per square foot. This property was built in 1983. 123 N Phyllis is a home located in Maricopa County with nearby schools including Webster Elementary School, 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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