NOT LISTED FOR SALE

128 W 9th Place N Mesa, AZ 85201

Evergreen Historic District Neighborhood
48 Beds
-- Bath
4,240 Sq Ft
1988 Built

Last Sold July 21, 2017

Last sale price $1,925,000 $454 Per Sq Ft

28 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of July 2017

Attractive, well kept 25 units, ground level, North/Central Mesa on 3 parcels (total tax $5911-2016). Structures built 1980 & 1988. Must sell together. There are 21-2 bedroom,1 bath, 780 sq ft; 3-1 bedroom, 1 bath & one huge 3 bedroom, 2 bath, 1400 sq ft with fire sprinklers. Stove and refrigerator in all units. Tenants pay electric & trash; each have own trash bin. Private yards. Near Cubs training Hohokam Stadium, Art Center & 10 mins to Sky Harbor. Buildings
joined by common walkways lined by mature trees. Covered parking for all tenants. 22 A/C's replaced & roof repairs within past 3-7 years. All units are tile floors. Leased laundry machines
bring approximate $3500 a yr. Market rents,long term tenants & low expenses = great ROI. Rent increase projected 2017 Owner Licensed AZ Realt

Last Listed By

Doris Ramos

Casa Mia Realty License #BR044285000 Listed on: 04/18/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,567

Year Built

  • Built in 1988

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 25 Parking Spaces
  • 25 Covered Spaces
  • Assigned Parking

Schools

  • Eisenhower Center For Innovation Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for trash collection, electricity, cable TV
  • The owner pays for water, sewer, landscaping
  • Tax Lot 6
  • Assessor Parcel Number 137-22-011-A

Community Details

Overview

  • 2 Buildings
  • 25 Units
  • Building Dimensions are 248.68 W X 300.90 L
  • Evergreen Acres Subdivision

Building Details

  • Operating Expense $50,381
  • Gross Income $217,417
  • Net Operating Income $18,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,567

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Cross Street: Brown Rd and Center St
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1988
  • Tax Year: 2016
  • Directions: From 202 east, exit Country Club Rd,south to Brown Rd, east on Brown Rd to Center St., south to 9th Place, right(west) to property. Easy access from 101 or I-60 as well.
  • Road Surface Type: Dedicated Street, Concrete, Sidewalk(s)
  • Professional Management Expense: 12000.0
  • Subdivision Name: EVERGREEN ACRES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: See Remarks, Painted, Stucco
  • Roof: Composition
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 25.0
  • Parking Features: Assigned, 1 Space/Unit
  • Attached Garage: No
  • Total Parking Spaces: 25.0
  • General Property Description:Covered Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Assigned: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C, Individual, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Satellite Dish: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Fee Information

  • Annual Water Sewer Expense: 10500.0

Schools

  • Elementary School: Eisenhower Center For Innovation
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 248.68 W X 300.90 L
  • Additional Parcels: Yes
  • Parcel #: 137-22-011-A

Multi Family

  • Owner Pays: Other, See Remarks, Water, Sewer, Landscaping
  • Tenant Pays: Trash Collection, Electricity, Cable TV
  • Number Of Units Total: 25
  • Electric Expense: 3800.0
  • Annual Gross Income: 217417.0
  • Insurance Expense: 7993.0
  • Maintenance Expense: 7896.0
  • Property Net Operating Income: 18780.0
  • Annual Operating Expense: 50381.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1567.0
  • Tax Book Number: 137.00
  • Tax Lot: 6

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $1,925,000 0.0% $454 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $1,925,000 0.0% $454 / Sq Ft
05/01/2017 05/01/17 Off Market $1,925,000 -- --
04/18/2017 04/18/17 For Sale $1,925,000 -- $454 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Doris Ramos

    Seller's Agent in 2017

    Doris Ramos

    Casa Mia Realty

    Section Image
  • Jan Long

    Buyer's Agent in 2017

    Jan Long

    West USA Realty

    (602) 432-9882

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5592529

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Mesa 85201 Evergreen Historic District

128 W 9th Place N, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 128 W 9th Place N, Mesa, AZ 85201 since 18 April 2017. This property was built in 1988. 128 W 9th Place N 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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