NOT LISTED FOR SALE

Estimated Value: $355,000 - $396,000

-- Bed
-- Bath
1,175 Sq Ft
$321/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $380,000 $323 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,128/month

110 Days on Market

Highlights

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

About This Home

As of February 2024

***BACK ON THE MARKET*** 7.8% RETURN ON INVESTMENT! +++7.8% CAP+++ Great investment! Location location location! In the heart of Mesa close to downtown, Mesa Community College, walking distance to stores and restaurants, super close to the light rail train stop. $1,300 A MONTH PER UNIT! Walking distance to schools as well. Both units have been beautifully remodeled. Newer roof, newer AC units, TRUE DUPLEX (1 bed,1 bath units) with individual meters and separate driveways. If you install a dividing fence, each unit ends up with ample private backyard.

Last Agent to Sell the Property

Werner Von Borries

Special Agent License #BR520844000 Listed on: 10/15/2023

Special Agent

Last Buyer's Agent

Viridiana Quinteros

Call Realty, Inc. License #SA699047000

Call Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $869

Year Built

  • Built in 1953

Lot Details

  • 7,971

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 9 / 5
  • Assessor Parcel Number 138-24-148

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7987
  • Sierra Vista Park Plat 2 Subdivision

Building Details

  • Operating Expense $869
  • Net Operating Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$869

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: Horne and Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: 0
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1953
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: SIERRA VISTA PARK PLAT 2
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Refrigerator
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 7987
  • Additional Parcels: No
  • Parcel #: 138-24-148

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Property Net Operating Income: 31200.0
  • Annual Operating Expense: 869.0

Tax Info

  • Tax Annual Amount: 869.0
  • Tax Block: 5
  • Tax Book Number: 138.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2025
Sold by
Ortiz Raymundo
Bought by
Ortiz Raymundo and Sanchez Margarita M
Current Estimated Value
$375,390

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 2, 2024
Sold by
Guevara Margarita Mancilla
Bought by
Ortiz Raymundo
Seller's Agent
Werner Von Borries
Special Agent
Buyer's Agent
Silvia Perez
HomeSmart
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.37%
Original Mortgage
$312,666
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jun 22, 2023
Sold by
Lester N Pearce Family Revocable Living
Bought by
Guevara Margarita Mancilla
Seller's Agent
Dewanna McRae
Ensign Properties Corp
Buyer's Agent
Justin Oubre
eXp Realty
List Price
$335,000
Sold Price
$290,000
Premium/Discount to List
-$45,000
-13.43%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.93%
Original Mortgage
$288,150
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1999
Sold by
Kutch John M and Kutch Rosemary
Bought by
Pearce Lester N and Pearce Kathleen Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.82%
Mortgage Type
Seller Take Back
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
Ortiz Raymundo -- None Listed On Document
Ortiz Raymundo $380,000 Driggs Title Agency
Guevara Margarita Mancilla $290,000 Fidelity National Title Agency
Pearce Lester N $70,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Raymundo $312,666
Previous Owner Guevara Margarita Mancilla $288,150
Previous Owner Pearce Lester N $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $380,000 -4.8% $323 / Sq Ft
10/15/2023 10/15/23 For Sale $399,000 +37.6% $340 / Sq Ft
06/22/2023 06/22/23 Sold $290,000 -13.4% $247 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $335,000 -- $285 / 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 $880 $8,966 -- --
2024 $887 $8,539 -- --
2023 $887 $32,410 $6,480 $25,930
2022 $869 $27,750 $5,550 $22,200
2021 $880 $26,060 $5,210 $20,850
2020 $868 $20,420 $4,080 $16,340
2019 $811 $14,510 $2,900 $11,610
2018 $778 $14,270 $2,850 $11,420
2017 $755 $15,050 $3,010 $12,040
2016 $741 $16,180 $3,230 $12,950
2015 $697 $13,010 $2,600 $10,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6618300

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-24-148