NOT LISTED FOR SALE

131 S 83rd Place Mesa, AZ 85208

Central Mesa East Neighborhood

Estimated Value: $274,000 - $347,339

-- Bed
3 Baths
1,750 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $109,900 $63 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,671/month

46 Days on Market

Highlights

  • RV or Boat Parking
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A
  • Carpet

About This Home

As of December 2014

FANTASTIC OPPORTUNITY * COTTAGE PLUS DUPLEX * NORTH UNIT HAS FRESH PAINT & CARPET * 1 BEDROOMS UNITS ARE A MIRROR IMAGE OF EACH OTHER * COTTAGE IN BACK HAS LIVING ROOM, LARGE BEDROOM, KITCHEN & BATH * LARGE STORAGE OR 2 CAR GARAGE * FENCED LOT WITH RV GATE * ROOF NEW 2009 * 1 A/C UNIT NEW 2011 * FAST FREEWAY ACCESS * DON'T MISS THIS ONE! SEPTIC IS BEING REPLACED SO PLS IGNORE WORK! *

Last Agent to Sell the Property

Russell Shaw

Realty One Group License #BR008345000 Listed on: 08/30/2014

Realty One Group

Last Buyer's Agent

Jose Munoz

DPR Realty LLC License #SA530866000

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $521

Year Built

  • Built in 1945

Lot Details

  • 0.28

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 10 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • RV or Boat Parking

Schools

  • Jefferson Elementary School
  • Fremont Junior High School
  • Red Mountain High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Window Unit Heating System
  • Septic Tank

Listing and Financial Details

  • The owner pays for gas, electricity, water, sewer
  • Tax Lot 13
  • Assessor Parcel Number 218-29-095

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 80 X 151
  • Palo Verde Vista Subdivision

Building Details

  • Operating Expense $6,941
  • Gross Income $19,680
  • Net Operating Income $12,739

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$521

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: SOSSAMAN & MAIN
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: R-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2013
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Subdivision Name: PALO VERDE VISTA
  • Garage Yn: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Siding, Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV/Boat Parking, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 10.0
  • Garage Details: Yes
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: SRP, Submetered System
  • Cooling: Central A/C, Individual, Electric, Wall/Window Unit(s)
  • Heating: Heat Pump, Window/Wall Unit(s), Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Fuel Expense: 480.0
  • Annual Water Sewer Expense: 600.0

Schools

  • Elementary School: Jefferson Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Fremont Junior High School

Lot Info

  • Lot Size: 80 X 151
  • Additional Parcels: No
  • Parcel #: 218-29-095

Multi Family

  • Owner Pays: Gas, Electricity, Water, Sewer
  • Tenant Pays: None
  • Number Of Units Total: 3
  • Electric Expense: 1740.0
  • Annual Gross Income: 19680.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 12739.0
  • Annual Operating Expense: 6941.0

Tax Info

  • Tax Annual Amount: 521.0
  • Tax Book Number: 218.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2014
Closed on
Nov 26, 2014
Sold by
Bianco Jerry A and Bianco Karen L
Bought by
Deacosta Maria Ofelia Lovo
Seller's Agent
Russell Shaw
Realty One Group
Buyer's Agent
Jose Munoz
DPR Realty LLC
List Price
$109,900
Sold Price
$109,900
Current Estimated Value
$304,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,685
Avg. Annual Appreciation
9.74%
Original Mortgage
$82,425
Outstanding Balance
$63,137
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$241,448

Purchase Details

Closed on
Oct 13, 1995
Sold by
Temple Robert R and Sekerak Caroline B
Bought by
Bianco Jerry A and Bianco Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.8%
Mortgage Type
Commercial
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
Deacosta Maria Ofelia Lovo $109,900 Old Republic Title Agency
Bianco Jerry A $58,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deacosta Maria Ofelia Lovo $82,425
Previous Owner Bianco Jerry A $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2014 12/01/14 Sold $109,900 0.0% $63 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
08/30/2014 08/30/14 For Sale $109,900 -- $63 / 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 $777 $8,617 -- --
2024 $786 $8,206 -- --
2023 $786 $27,980 $5,590 $22,390
2022 $768 $21,180 $4,230 $16,950
2021 $766 $17,550 $3,510 $14,040
2020 $760 $15,480 $3,090 $12,390
2019 $704 $14,250 $2,850 $11,400
2018 $687 $12,480 $2,490 $9,990
2017 $663 $10,700 $2,140 $8,560
2016 $646 $9,960 $1,990 $7,970
2015 $606 $8,600 $1,720 $6,880
Source: Public Records

Agents Affiliated with this Home

  • Russell Shaw

    Seller's Agent in 2014

    Russell Shaw

    Realty One Group

    (602) 957-7777

    6 in this area

    413 Total Sales

    Russell Shaw
    Section Image

  • J

    Buyer's Agent in 2014

    Jose Munoz

    DPR Realty

    (480) 628-7637

    2 in this area

    36 Total Sales

    Jose Munoz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5164747

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-29-095

Arizona Maricopa County Mesa 85208 Central Mesa East

131 S 83rd Place, Mesa, AZ

Not Listed for Sale

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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