NOT LISTED FOR SALE

1247 E 3rd Ave Unit A Mesa, AZ 85204

Reed Park Neighborhood

Estimated Value: $688,000 - $769,000

1 Bed
1 Bath
550 Sq Ft
$1,312/Sq Ft Est. Value

About This Home

Renovated unit in a 4-plex, located in a cul-de-sac with private parking behind unit. Minutes to downtown Mesa near restaurants, shopping & light rail w/ easy access to the Hwy 60. Unit is 1 Bedroom, 1 Bath with open floorplan & laundry. Kitchen features new white shaker cabinets, quartz counters & comes with all stainless steel appliances. Bedroom has large closet, full bathroom with new vanity & dual flush toilet. New interior & Exterior Paint, Wood Tile flooring, Lighting/Plumbing fixtures, Blinds, Baseboards, Doors, Dual Pane Windows, Water Heater & New Electrical Panel. Parking space behind unit. Owner pays water, sewer, trash. Tenants pay electric. No pets, No Smoking.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Illusion Health Llc
Bought by
Quaint Living Llc
Current Estimated Value
$721,659

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 11, 2020
Sold by
White Fig Homes Jv Llc
Bought by
Illusion Health Llc
Seller's Agent
Jenna Buchanan
Venture REI, LLC
Buyer's Agent
Jenna Buchanan
Venture REI, LLC
Sold Price
$865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2019
Sold by
Salt River Equity Llc
Bought by
White Fig Homes Jv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2019
Sold by
Adsg Llc
Bought by
Invesource Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2012
Sold by
Fannie Mae
Bought by
Adsg Llc

Purchase Details

Closed on
Sep 16, 2011
Sold by
Schultz Vicki O
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 3, 2006
Sold by
Schultz Jack F and Schultz Vicki O
Bought by
Jfs Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 9, 2006
Sold by
Schultz J Frost
Bought by
Schultz Vicki O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 18, 2003
Sold by
Schultz J Frosty and Schultz Vicki O
Bought by
Schultz J Frost and Schultz Vicki O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Quaint Living Llc -- None Available
Illusion Health Llc $520,000 Security Title Agency Inc
White Fig Homes Jv Llc $320,000 American Title Svc Agcy Llc
Salt River Equity Llc $285,000 American Title Svc Agcy Llc
Invesource Llc $260,000 Chicago Title Agency
Adsg Llc $72,400 Lawyers Title Of Arizona Inc
Federal National Mortgage Association $155,355 None Available
Jfs Properties Llc -- None Available
Schultz Vicki O -- First American Title Ins Co
Schultz J Frost -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Illusion Health Llc $310,000
Previous Owner White Fig Homes Jv Llc $100,000
Previous Owner White Fig Homes Jv Llc $346,000
Previous Owner Invesource Llc $210,000
Previous Owner Schultz Vicki O $150,000
Previous Owner Schultz J Frost $117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Rented $865 0.0% --
09/02/2020 09/02/20 Under Contract -- -- --
08/28/2020 08/28/20 For Rent $865 0.0% --
08/21/2020 08/21/20 Under Contract -- -- --
08/11/2020 08/11/20 For Rent $865 +92.2% --
04/12/2012 04/12/12 Rented $450 0.0% --
04/12/2012 04/12/12 Under Contract -- -- --
03/02/2012 03/02/12 For Rent $450 -- --

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 $1,019 $10,378 -- --
2024 $1,027 $9,883 -- --
2023 $1,027 $37,960 $7,590 $30,370
2022 $1,006 $24,000 $4,800 $19,200
2021 $1,018 $18,330 $3,660 $14,670
2020 $1,005 $15,980 $3,190 $12,790
2019 $939 $13,150 $2,630 $10,520
2018 $901 $10,810 $2,160 $8,650
2017 $874 $12,700 $2,540 $10,160
2016 $858 $11,580 $2,310 $9,270
2015 $806 $10,460 $2,090 $8,370
Source: Public Records

Agents Affiliated with this Home

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