NOT LISTED FOR SALE

Estimated Value: $354,585 - $675,000

-- Bed
-- Bath
3,072 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 30, 2012

Last sale price $130,000 $42 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $2,934/month

3 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of July 2012

nice solid investment, tile and pergo t/o all units (no carpet). good solid aplliances and water heaters. all 4 A/C unit replaced within the last 12 months.

Last Agent to Sell the Property

James Ward

HomeSmart License #SA556223000 Listed on: 07/27/2012

HomeSmart

Last Buyer's Agent

Eric Williamson

Citiea License #SA579896000

Citiea

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 1971

Lot Details

  • 7,013

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for trash collection, electricity
  • The owner pays for water, sewer
  • Tax Lot 52
  • Assessor Parcel Number 139-45-077-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6991
  • Beall Park Subdivision

Building Details

  • Operating Expense $4,876
  • Gross Income $26,400
  • Net Operating Income $22,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$876

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Southern / Country Club
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2011
  • Directions: East on Southern, watch on the north side of the road. last 4 plex unit before the railroad tracks. 4 units all 2BR - 1BA, each unit is about 700sqft.
  • Road Surface Type: Gravel, Dirt, Sidewalk(s)
  • Subdivision Name: Beall Park
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 6991
  • Additional Parcels: No
  • Parcel #: 139-45-077-A

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Trash Collection, Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 26400.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 300.0
  • Property Net Operating Income: 22700.0
  • Annual Operating Expense: 4876.0

Tax Info

  • Tax Annual Amount: 876.0
  • Tax Book Number: 139.00
  • Tax Lot: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2014
Sold by
Mecagni Anna
Bought by
W Southern Ventures Llc
Current Estimated Value
$537,862

Purchase Details

Listed on
Jul 27, 2012
Closed on
Aug 10, 2012
Sold by
Vine Enterprises Llc
Bought by
Mecagni Anna
Seller's Agent
James Ward
HomeSmart
Buyer's Agent
Eric Williamson
Citiea
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%

Purchase Details

Listed on
Jul 27, 2012
Closed on
Aug 9, 2012
Sold by
Dalessandro Jerry
Bought by
Mecagni Anna
Seller's Agent
James Ward
HomeSmart
Buyer's Agent
Eric Williamson
Citiea
List Price
$130,000
Sold Price
$130,000

Purchase Details

Closed on
May 11, 2009
Sold by
Ward James N
Bought by
Vine Enterprises Llc

Purchase Details

Closed on
Mar 6, 2009
Sold by
Fdic
Bought by
Ward James N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,500
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2008
Sold by
Chaaban Loulou
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Jul 11, 2006
Sold by
Doherty Investments Llc
Bought by
Chaaban Loulou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
6.69%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 15, 2006
Sold by
Zouine Said
Bought by
Chaaban Loulou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
6.69%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 21, 2004
Sold by
Doherty Dan and Doherty Kathy
Bought by
Doherty Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2004
Sold by
Reed Therese
Bought by
Doherty Dan and Doherty Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2004
Sold by
Reed Michael
Bought by
Reed Therese

Purchase Details

Closed on
Dec 11, 2003
Sold by
Jackson Richard E
Bought by
Reed Michael

Purchase Details

Closed on
May 6, 1997
Sold by
Watson Howard W and Watson Anita M
Bought by
Jackson Richard E and Jackson Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,269
Interest Rate
8.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
W Southern Ventures Llc -- None Available
Mecagni Anna $123,000 Great American Title Agency
Mecagni Anna -- Great American Title Agency
Vine Enterprises Llc -- None Available
Ward James N $62,000 Lsi Title Agency
Indymac Bank Fsb $197,282 None Available
Chaaban Loulou $310,000 Capital Title Agency Inc
Chaaban Loulou -- Capital Title Agency Inc
Doherty Investments Llc -- --
Doherty Dan $224,000 Equity Title Agency Inc
Reed Therese -- Fidelity National Title
Reed Michael -- Fidelity National Title
Reed Michael -- --
Jackson Richard E $115,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ward James N $30,500
Previous Owner Chaaban Loulou $46,500
Previous Owner Chaaban Loulou $248,000
Previous Owner Chaaban Loulou $248,000
Previous Owner Doherty Dan $179,200
Previous Owner Jackson Richard E $113,269
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2012 07/30/12 Sold $130,000 0.0% $42 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $130,000 -- $42 / 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 $996 $10,151 -- --
2024 $1,005 $9,668 -- --
2023 $1,005 $45,710 $9,140 $36,570
2022 $984 $28,950 $5,790 $23,160
2021 $996 $24,610 $4,920 $19,690
2020 $983 $21,910 $4,380 $17,530
2019 $918 $17,760 $3,550 $14,210
2018 $881 $16,010 $3,200 $12,810
2017 $855 $14,160 $2,830 $11,330
2016 $839 $13,000 $2,600 $10,400
2015 $789 $12,030 $2,400 $9,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4795291

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-45-077A