$316,000
SOLD FEB 16, 2018
-- Bed
-- Bath
3,185 Sq Ft
0.25 Acres

Recently Sold

$99 Per Sq Ft

3% Below List Price

44 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Franklin at Brimhall Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of March 2019

BACK ON THE MARKET...GREAT MESA INVESTMENT PROPERTY.NO HOA. ROOF REPLACED WITHIN THE LAST 7 YEARS +/-,FRESH PAINT ON FACIAS,EVES AND SOFFITS,NEW SECURITY DOORS T/O, NEW PLUMBING T/O USING PEX PLUMBING ON ALL UNITS. UNIT #7 HAS NEW KITCHEN AND BATH CABINETS,NEW COUNTERS,NEW VYNIL FLOORING IN KIT,LAUNDRY, AND BATH.ALL REMAINING UNITS ARE ARE TILED .ALL UNITS HAVE LAUNDRYS AND INDIVIDUAL YARDS. Long term tenants (8YRS-6YRS-3.5YRS-4MONThS) rented well below market. Plenty of upside left in these rents.RENTS ARE 600+600+650+600.LEASES ARE MONTH TO MONTH. THIS LISTING IS FOR THE MIDDLE BUILDING CONSISTING OF UNITS 4-5-6-7. BUYER OR THE BUYER'S AGENT TO VERIFY ALL FACT AND FIGURES. Water & sewer service is a shared utility. Please allow 48hr for response when submitting offer over the weekend.

Last Agent to Sell the Property

Jose Lamboglia

World Class Properties License #SA636342000

Last Buyer's Agent

Yoke Ho

Call Realty, Inc. License #SA652926000

Call Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,334

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Schools

  • Eisenhower Center For Innovation Elementary School
  • Carson Junior High Middle School
  • Westwood High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer
  • Tax Lot 4
  • Assessor Parcel Number 137-22-004-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are 11,102
  • Evergreen Acres Subdivision

Building Details

  • Operating Expense $7,834
  • Gross Income $29,400
  • Net Operating Income $21,566

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,334

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Brown and Center
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2017
  • Directions: West on Brown,South on Center, West on 9th place to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: EVERGREEN ACRES
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

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

Lot Info

  • Lot Size: 11,102
  • Additional Parcels: No
  • Parcel #: 137-22-004-D

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 29400.0
  • Insurance Expense: 700.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 21566.0
  • Annual Operating Expense: 7834.0

Tax Info

  • Tax Annual Amount: 1334.0
  • Tax Book Number: 137.00
  • Tax Lot: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/12/2019 03/12/19 Sold $291,000 0.0% $91 / Sq Ft
08/07/2018 08/07/18 Price Changed $291,000 -0.3% $91 / Sq Ft
04/22/2018 04/22/18 For Sale $292,000 -7.6% $92 / Sq Ft
02/16/2018 02/16/18 Sold $316,000 -2.7% $99 / Sq Ft
01/28/2018 01/28/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $324,900 0.0% $102 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $324,900 0.0% $102 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $324,900 -- $102 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5699264

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-22-004D