NOT LISTED FOR SALE

Estimated Value: $551,333 - $824,000

-- Bed
-- Bath
3,074 Sq Ft
$233/Sq Ft Est. Value

Last Sold June 13, 2013

Last sale price $227,950 $74 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $4,020/month

6 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of June 2013

The ultimate remodeled, fully rented 4-plex in Mesa! Complete remodeled included brand NEW EVERYTHING: roof, electrical, vinyl windows, paint, cabinets, granite, appliaces, tile, doors, toilets, baths, and more! EVERYTHING IS NEW!!! All units are rented at 550/month + tax! 2200+ gross rents and NO HOA! THIS IS THE NICEST 4-PLEX out there! Available individually or part of a portfolio package totaling 18 units in Mesa and Chandler! See MLS 4940402, 4940403, 4940404, 4940405, 4940406, 4940407! Buyer to verify all facts and figures!

Last Agent to Sell the Property

Eric Dixon

On Q Property Management License #BR627731000 Listed on: 05/22/2013

Last Buyer's Agent

Eric Dixon

On Q Property Management License #BR627731000 Listed on: 05/22/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $855

Year Built

  • Built in 1979

Lot Details

  • 8,451

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Assigned Parking

Schools

  • Kerr Elementary School
  • Mckellips Learning Center Middle School
  • Westwood High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 125
  • Assessor Parcel Number 136-23-187

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8445
  • Pleasant Homes Unit 02 Subdivision

Building Details

  • Operating Expense $855

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$855

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: COUNTRY CLUB DR & MCKELLIPS
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2012
  • Directions: East on McKellips, South on Center, East on Ingram, 4-plex on left
  • Road Surface Type: Asphalt
  • Subdivision Name: Pleasant Homes Unit 02
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned
  • 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:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Schools

  • Elementary School: Kerr Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: McKellips Learning Center

Lot Info

  • Lot Size: 8445
  • Additional Parcels: No
  • Parcel #: 136-23-187

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: See Remarks
  • Number Of Units Total: 4
  • Annual Operating Expense: 854.74

Tax Info

  • Tax Annual Amount: 854.74
  • Tax Book Number: 136.00
  • Tax Lot: 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2013
Closed on
Jun 10, 2013
Sold by
Perth Development Llc
Bought by
Jinhai Real Estates Llc
Seller's Agent
Eric Dixon
On Q Property Management
Buyer's Agent
Eric Dixon
On Q Property Management
List Price
$235,000
Sold Price
$227,950
Premium/Discount to List
-$7,050
-3%
Current Estimated Value
$717,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,383
Avg. Annual Appreciation
9.83%

Purchase Details

Listed on
Feb 13, 2012
Closed on
Apr 2, 2012
Sold by
Owrey James Russell and Owrey Jim
Bought by
Perth Development Llc
Seller's Agent
Rodney Coty
Compass
Buyer's Agent
Eric Dixon
On Q Property Management
List Price
$60,000
Sold Price
$90,000
Premium/Discount to List
$30,000
50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.35%

Purchase Details

Closed on
Mar 10, 2010
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
$195,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1999
Sold by
Great Western Communities Inc
Bought by
Lane Christopher M and Lane Melissa Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,850
Interest Rate
7.05%
Mortgage Type
VA

Purchase Details

Closed on
Dec 5, 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
Connaghan Stacie Robles and Robles Stacie
Bought by
Law Dallin D and Law Janice D
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Jinhai Real Estates Llc $225,225 Pioneer Title Agency Inc
Perth Development Llc -- None Available
Deutsche Bank National Trust Company $66,750 None Available
Owrey James -- Land Title Agency Of Az Inc
Owrey James $195,000 Land Title Agency Of Az Inc
Lane Christopher M $109,680 Security Title Agency
Tricity Behavioral Services Inc $110,000 Security Title Agency
Law Dallin D $93,721 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owrey James $195,000
Previous Owner Lane Christopher M $111,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $227,950 -3.0% $74 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $235,000 +161.1% $76 / Sq Ft
04/03/2012 04/03/12 Sold $90,000 +50.0% $29 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $60,000 -- $20 / 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 $1,429 $14,555 -- --
2024 $1,440 $13,862 -- --
2023 $1,440 $49,400 $9,880 $39,520
2022 $1,411 $36,610 $7,320 $29,290
2021 $1,428 $30,020 $6,000 $24,020
2020 $1,409 $26,950 $5,390 $21,560
2019 $1,317 $23,000 $4,600 $18,400
2018 $1,264 $20,660 $4,130 $16,530
2017 $1,226 $17,630 $3,520 $14,110
2016 $1,203 $16,760 $3,350 $13,410
2015 $1,131 $14,980 $2,990 $11,990
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4940402

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-23-187