NOT LISTED FOR SALE

Estimated Value: $479,000 - $706,318

6 Beds
-- Bath
2,272 Sq Ft
$260/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2022

Last sale price $740,000 $326 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $3,223 / mo

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of March 2022

3-Unit, Garden-Style Property, Built in 1960.(3) 2-Bed / 1-Bath Units, 760 SF Each. Fully Renovated in 2022 Including New Flooring, Cabinetry, Countertops, Stainless-Steel Appliances, Updated Bathrooms & More.
Each Unit Features In-Suite Washer & Dryer and Spacious Backyard. Located in the Path of Progression Between Downtown Mesa & Arizona State University. Less Than a Five Minute Drive to the Chicago Cubs Spring Training Facility, Riverview Park, and Mesa Riverview Outdoor Mall.

Last Agent to Sell the Property

Andrew Arambula

ABI Multifamily License #SA688881000 Listed on: 03/14/2022

Co-Listed By

Bryce Neagle

ABI Multifamily License #SA692871000

Last Buyer's Agent

Andrew Arambula

ABI Multifamily License #SA688881000 Listed on: 03/14/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,123

Year Built

  • Built in 1960

Lot Details

  • 8,538

Home Design

  • Composition Roof
  • Block Exterior

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 135-31-155

Community Details

Overview

  • Building Dimensions are 112.72*96.66
  • East Garden Grove Subdivision

Building Details

  • Operating Expense $1,123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,123

Year Built

Built in 1960

Lot Details

8,538 Sq Ft Lot

Listing Details

  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1960
  • Tax Year: 2021
  • Road Surface Type: Concrete
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: EAST GARDEN GROVE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks), Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 112.72*96.66
  • Additional Parcels: No
  • Parcel #: 135-31-155

Multi Family

  • Annual Operating Expense: 1123.0

Tax Info

  • Tax Annual Amount: 1123.0
  • Tax Book Number: 135.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Mar 17, 2022
Sold by
Mtb Invest Llc
Bought by
Thompson Property 2 Llc
Seller's Agent
Andrew Arambula
ABI Multifamily
Buyer's Agent
Andrew Arambula
ABI Multifamily
List Price
$799,000
Sold Price
$740,000
Premium/Discount to List
-$59,000
-7.38%
Current Estimated Value
$590,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$149,920
Avg. Annual Appreciation
-5.33%

Purchase Details

Listed on
Mar 14, 2022
Closed on
Mar 14, 2022
Sold by
Mtb Invest Llc
Bought by
Thompson Property 2 Llc
Seller's Agent
Andrew Arambula
ABI Multifamily
Buyer's Agent
Andrew Arambula
ABI Multifamily
List Price
$799,000
Sold Price
$740,000
Premium/Discount to List
-$59,000
-7.38%

Purchase Details

Closed on
Sep 9, 2021
Sold by
Cook Harvey A and Cook Anne M
Bought by
Mtb Invest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
2.8%
Mortgage Type
Commercial
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
Thompson Property 2 Llc $740,000 Driggs Title Agency
Thompson Property 2 Llc $740,000 Driggs Title Agency
Mtb Invest Llc $387,500 Title Alliance Of Phoenix Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mtb Invest Llc $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2022 03/17/22 Sold $740,000 -7.4% $326 / Sq Ft
03/14/2022 03/14/22 For Sale $799,000 -- $352 / 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 $1,129 $11,445 -- --
2024 $1,133 $10,900 -- --
2023 $1,133 $34,900 $6,980 $27,920
2022 $1,109 $27,230 $5,440 $21,790
2021 $1,123 $22,680 $4,530 $18,150
2020 $1,108 $20,370 $4,070 $16,300
2019 $1,035 $17,320 $3,460 $13,860
2018 $994 $14,000 $2,800 $11,200
2017 $964 $12,710 $2,540 $10,170
2016 $946 $11,910 $2,380 $9,530
2015 $889 $10,470 $2,090 $8,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6368466

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-31-155

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