NOT LISTED FOR SALE

Estimated Value: $559,907 - $885,000

1 Bed
-- Bath
3,074 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $304,999 $99 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,639/month

41 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2017

You just need to come take a look at this amazing investment opportunity. Located in the heart of Mesa only minutes from the 202, 101, and US-60. Close to Tempe marketplace and Mesa Riverview shopping centers. 4 units each with 2 bedrooms & 1 bath, large family room and kitchen. This gem won’t last long so you better hurry and come take a look. Thanks for stopping in.

Last Agent to Sell the Property

Sergio Galindo

At Home Real Estate Arizona License #SA526977000 Listed on: 08/08/2017

Last Buyer's Agent

Jose Munoz

DPR Realty LLC License #SA530866000

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1973

Lot Details

  • 8,451

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 124
  • Assessor Parcel Number 136-23-186-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8,445
  • Pleasant Homes Sub Unit 2 Subdivision

Building Details

  • Operating Expense $6,280
  • Gross Income $22,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,180

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Center & McKellips
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: PLEASANT HOMES SUB UNIT 2
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Add'l Parking Avail, 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, 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

Fee Information

  • Annual Fuel Expense: 900.0
  • Trash Expense: 900.0
  • Annual Water Sewer Expense: 1800.0

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 8,445
  • Additional Parcels: No
  • Parcel #: 136-23-186-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 22500.0
  • Insurance Expense: 1500.0
  • Annual Operating Expense: 6280.0

Tax Info

  • Tax Annual Amount: 1180.0
  • Tax Book Number: 136.00
  • Tax Lot: 124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2019
Sold by
Welcome Investments Llc
Bought by
E Ingram Investments Llc
Current Estimated Value
$673,477

Purchase Details

Closed on
Jan 15, 2019
Sold by
Mott Michael D
Bought by
Welcome Investments Llc

Purchase Details

Listed on
Aug 8, 2017
Closed on
Oct 17, 2017
Sold by
Flores Danny Sanchez
Bought by
Mott Michael Dennis
Seller's Agent
Sergio Galindo
At Home Real Estate Arizona
Buyer's Agent
Jose Munoz
DPR Realty LLC
List Price
$309,900
Sold Price
$304,999
Premium/Discount to List
-$4,901
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$299,474
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 28, 2014
Closed on
Mar 29, 2015
Sold by
Colopsapon Monica B and Sanchez Flores Danny E
Bought by
Flores Danny E Sanchez
Seller's Agent
Sergio Galindo
At Home Real Estate Arizona
Buyer's Agent
Raul Rios-Lazo
At Home Real Estate Arizona
List Price
$225,000
Sold Price
$180,000
Premium/Discount to List
-$45,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.28%
Original Mortgage
$176,739
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 28, 2014
Closed on
Mar 20, 2015
Sold by
Valentin Irma C
Bought by
Sanchez Flores Danny E
Seller's Agent
Sergio Galindo
At Home Real Estate Arizona
Buyer's Agent
Raul Rios-Lazo
At Home Real Estate Arizona
List Price
$225,000
Sold Price
$180,000
Premium/Discount to List
-$45,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 28, 2014
Closed on
Feb 17, 2015
Sold by
Sanchez Fernando Monsalvo and Lopez Carmen C
Bought by
Valentine Irma C
Seller's Agent
Sergio Galindo
At Home Real Estate Arizona
Buyer's Agent
Raul Rios-Lazo
At Home Real Estate Arizona
List Price
$225,000
Sold Price
$180,000
Premium/Discount to List
-$45,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 25, 2012
Closed on
May 14, 2012
Sold by
Wasta Llc
Bought by
Lopez Carmen
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Luis Alonso
HomeSmart
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Oct 27, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Wasta Llc

Purchase Details

Closed on
Apr 26, 2010
Sold by
Kolonia Llc
Bought by
Deutsch Bank National Trust Company

Purchase Details

Closed on
Nov 20, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Kolonia Llc

Purchase Details

Closed on
Apr 3, 2009
Sold by
Owrey James
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 6, 2003
Sold by
Owrey Stephanie
Bought by
Owrey James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1997
Sold by
Law Dallin D and Law Janice D
Bought by
Tricity Behavioral Services Inc

Purchase Details

Closed on
Sep 28, 1994
Sold by
Rowley Merlin and Rowley Patti
Bought by
Law Dallin D and Law Janice D

Purchase Details

Closed on
Feb 22, 1990
Sold by
Ostrander Ronald C
Bought by
Rowley Merlin and Rowley Patti
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
E Ingram Investments Llc -- None Available
Welcome Investments Llc -- None Available
Mott Michael Dennis $304,999 Empire West Title Agency Llc
Flores Danny E Sanchez -- Great Amer Title Agency Inc
Sanchez Flores Danny E $180,000 Great Amer Title Agency Inc
Valentine Irma C -- Great Amer Title Agency Inc
Lopez Carmen $149,000 Chicago Title Agency Inc
Wasta Llc -- Servicelink
Deutsch Bank National Trust Company -- None Available
Kolonia Llc -- None Available
Deutsche Bank National Trust Company $106,875 Security Title Agency
Owrey James -- Land Title Agency Of Az Inc
Owrey James $195,000 Land Title Agency Of Az Inc
Tricity Behavioral Services Inc $110,000 Security Title Agency
Law Dallin D $84,543 Transamerica Title Ins Co
Rowley Merlin -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mott Michael Dennis $299,474
Previous Owner Flores Danny E Sanchez $176,739
Previous Owner Sanchez Flores Danny E $176,739
Previous Owner Owrey James $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2017 10/20/17 Sold $304,999 0.0% $99 / Sq Ft
09/13/2017 09/13/17 Price Changed $304,999 -0.3% $99 / Sq Ft
09/08/2017 09/08/17 Price Changed $305,999 -0.3% $100 / Sq Ft
09/01/2017 09/01/17 Price Changed $306,999 -0.3% $100 / Sq Ft
08/29/2017 08/29/17 Price Changed $307,999 -0.3% $100 / Sq Ft
08/25/2017 08/25/17 Price Changed $308,999 -0.3% $101 / Sq Ft
08/21/2017 08/21/17 Price Changed $309,899 0.0% $101 / Sq Ft
08/08/2017 08/08/17 For Sale $309,900 +72.2% $101 / Sq Ft
04/13/2015 04/13/15 Sold $180,000 -20.0% $59 / Sq Ft View Prior Sale
11/21/2014 11/21/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $225,000 +51.0% $73 / Sq Ft
05/18/2012 05/18/12 Sold $149,000 0.0% $48 / Sq Ft View Prior Sale
05/07/2012 05/07/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $149,000 -- $48 / 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 $1,408 $14,273 -- --
2024 $1,412 $13,593 -- --
2023 $1,412 $49,160 $9,830 $39,330
2022 $1,383 $36,480 $7,290 $29,190
2021 $1,400 $29,950 $5,990 $23,960
2020 $1,382 $26,730 $5,340 $21,390
2019 $1,291 $22,770 $4,550 $18,220
2018 $1,239 $20,430 $4,080 $16,350
2017 $1,202 $17,430 $3,480 $13,950
2016 $1,180 $16,520 $3,300 $13,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5643954

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-23-186C