NOT LISTED FOR SALE

Estimated Value: $336,566 - $855,000

8 Beds
4 Baths
850 Sq Ft
$793/Sq Ft Est. Value

Last Sold April 17, 2012

Last sale price $105,000 $124 Per Sq Ft

Est. 542% increase in value since last sale

Current estimated payment $3,851/month

Highlights

  • Cooling Available
  • Community Playground
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Painted or Stained Flooring

About This Home

As of April 2012

Fully renovated units. Rents from 450 per unit to 500 per unit.

Last Agent to Sell the Property

Mike Malais

Starlight Pines Realty License #BR512461000 Listed on: 04/03/2012

Last Buyer's Agent

Eric Williamson

Citiea License #SA579896000

Citiea

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1981

Lot Details

  • 10,411

Parking

  • Over 1 Space Per Unit

Home Design

  • Composition Shingle Roof
  • Block Exterior

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Ceramic Tile
  • Vinyl

Schools

  • Kerr Elementary School
  • Westwood High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Oven or Range
  • Washer and Dryer Hookup

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, trash collection, water

Community Details

Overview

  • $1,305 per year Dock Fee
  • 4 Units
  • Building Dimensions are 10400

Recreation

  • Community Playground

Building Details

  • Insurance Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,558

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Tax Municipality: Mesa
  • Appliances Included: BI Oven/Range, Refrigerator, W/D Hookup
  • Construction Finish: Painted
  • Cross Street: Center & McKellips
  • Floors: Carpet, Ceramic Tile, Vinyl
  • Legal Info Lot Number: 106
  • Legal Info Range: 5E
  • Legal Info Section: 10
  • Legal Info Township: 1N
  • Roads Streets: Asphalt, Sidewalk(s)
  • Property Type: F
  • Hundred Block: 1700
  • Legal Description Abbrev: Pleasant Homes Unit 02
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 2.00
  • Map Code Grid: Q39
  • Year Built: 1981
  • Tax Year: 2011
  • Directions: South on Center from McKellips, East on Ingram to property
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: >1 Space Per Unit, Carport
  • Total Parking Spaces: 7.00
  • Covered Parking Spaces: 5.00

Utilities

  • Water: City Franchise
  • Electric: SRP
  • Cooling: Heat Pump, Individual
  • Heating: Electric

Condo/Co-op/Association

  • Community Amenities: No Pool, Play Area

Schools

  • Elementary School: Kerr Elementary School
  • Middle School: Kino Junior High School
  • High School: Westwood High School
  • Elementary School: Kerr Elementary School
  • High School: Westwood High School
  • Junior High School: Kino Junior High School

Lot Info

  • Lot Size: 10400

Multi Family

  • Income And Expenses Annual Ins Exp: 1500.00
  • Income And Expenses Annual Water Sewer Exp: 2000.00
  • Number Of Two Bedroom Units: 4
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric
  • Total Numberof Buildings: 1
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 450.00
  • Two Bedroom Units Avg Sq Ft: 850
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1305.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2012
Closed on
Apr 9, 2012
Sold by
Lrg Ecg Ventures Llc
Bought by
Mecagni Anna
Seller's Agent
Mike Malais
Starlight Pines Realty
Buyer's Agent
Eric Williamson
Citiea
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Current Estimated Value
$673,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,642
Avg. Annual Appreciation
15.06%

Purchase Details

Listed on
Apr 3, 2012
Closed on
Apr 6, 2012
Sold by
Dalessandro Jerry
Bought by
Mecagni Anna
Seller's Agent
Mike Malais
Starlight Pines Realty
Buyer's Agent
Eric Williamson
Citiea
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%

Purchase Details

Listed on
Apr 3, 2012
Closed on
Mar 5, 2012
Sold by
Mecagni Anna
Bought by
Ingram Ventures Plus Llc
Seller's Agent
Mike Malais
Starlight Pines Realty
Buyer's Agent
Eric Williamson
Citiea
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%

Purchase Details

Closed on
May 31, 2010
Sold by
Lrg & Ecg Ventures Llc
Bought by
Lrg Ecg Ventures Llc

Purchase Details

Closed on
Sep 18, 2009
Sold by
Zarco Dioncio Olvera
Bought by
Lrg & Ecg Ventures Llc

Purchase Details

Closed on
Dec 19, 2006
Sold by
Garcia Liliana
Bought by
Zarco Dionicio Olvera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2006
Sold by
Fang Zhen
Bought by
Zarco Dionicio Olvera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2004
Sold by
Ca Yes Investments Llc
Bought by
Fang Zhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,300
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2002
Sold by
Soliz Edward Ramos and Soliz Yolanda Pena
Bought by
Soliz Edward R and Soliz Yolanda P

Purchase Details

Closed on
Mar 24, 1999
Sold by
Great Western Communities Inc
Bought by
Porter Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,515
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 1994
Sold by
Feltz Michael D and Feltz Janet L
Bought by
Soliz Edward Ramos and Soliz Yolanda Pena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
8.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Mecagni Anna $105,000 Great American Title Agency
Mecagni Anna -- Great American Title Agency
Ingram Ventures Plus Llc -- None Available
Lrg Ecg Ventures Llc -- None Available
Lrg & Ecg Ventures Llc $112,400 None Available
Zarco Dionicio Olvera -- Chicago Title Insurance Comp
Zarco Dionicio Olvera $325,000 Chicago Title Insurance Comp
Fang Zhen $238,000 Capital Title Agency Inc
Ca Yes Investments Llc -- Capital Title Agency Inc
Soliz Edward R -- --
Porter Heidi $94,990 Security Title Agency
Great Western Communities Inc $50,748 Security Title Agency
Soliz Edward Ramos $72,200 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mecagni Anna $114,400
Previous Owner Zarco Dionicio Olvera $260,000
Previous Owner Zarco Dionicio Olvera $260,000
Previous Owner Fang Zhen $165,300
Previous Owner Porter Heidi $94,515
Previous Owner Soliz Edward Ramos $57,750
Closed Fang Zhen $25,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2012 04/17/12 Sold $105,000 -12.5% $124 / Sq Ft
04/03/2012 04/03/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $120,000 -- $141 / 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 $1,558 $15,872 -- --
2024 $1,571 $15,116 -- --
2023 $1,571 $53,760 $10,750 $43,010
2022 $1,479 $39,670 $7,930 $31,740
2021 $1,502 $32,680 $6,530 $26,150
2020 $1,483 $29,420 $5,880 $23,540
2019 $1,383 $24,970 $4,990 $19,980
2018 $1,326 $22,400 $4,480 $17,920
2017 $1,286 $19,080 $3,810 $15,270
2016 $1,262 $18,310 $3,660 $14,650
2015 $1,187 $16,310 $3,260 $13,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4739271

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-23-168