C
Seller's Agent in 2018
Cyrus Ghovanloo
HomeSmart
(602) 999-7055
1406 W Bentley St Mesa, AZ 85201
West Main NeighborhoodEstimated Value: $594,000 - $755,000
--
Bed
--
Bath
1,890
Sq Ft
$368/Sq Ft
Est. Value
Highlights
- Cooling Available
- Franklin at Brimhall Elementary School Rated A
- Heat Pump System
About This Home
As of September 2018DO NOT DISTURB TENANTS! High demand well maintained Mesa 4plex with great CASHFLOW & Cap Rate. Look no further. This property is an excellent opportunity for the investor that wants the property in good shape and fully rented. Large 2 bedroom, 2 bath units with private storage, yard, and covered parking. Some updates have been done to include 2 units had both baths remodeled, newer roof with warranty and more. LOCATION, LOCATION, LOCATION... Close access to the Light Rail (0.7 Miles), the new Cubs training facility (1.6 Miles), Tempe Market Place (2.9 Miles), ASU (3.4 Miles), Mesa Community College (2.9 Miles) and freeway (1.9 Miles). No HOA. Don't miss out on this great opportunity!
Last Agent to Sell the Property
Cyrus Ghovanloo
HomeSmart License #SA530222000 Listed on: 08/15/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,363
Year Built
- Built in 1968
Lot Details
- 0.3
Home Design
- Composition Roof
- Block Exterior
Parking
- 4 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
Schools
- Emerson Elementary School
- Carson Junior High Middle School
- Westwood High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot m&b
- Assessor Parcel Number 135-49-022-C
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 100x120
Building Details
- Operating Expense $12,993
- Gross Income $36,480
- Net Operating Income $24,850
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2018
Closed on
Sep 13, 2018
Sold by
Richards Stephen J and Richards Nicole M
Bought by
Bentley 1406 Llc
Seller's Agent
Cyrus Ghovanloo
HomeSmart
Buyer's Agent
Teresa Godek
Hometown Advantage Real Estate
List Price
$387,000
Sold Price
$387,000
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,832
Avg. Annual Appreciation
9.06%
Original Mortgage
$290,250
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 15, 2018
Closed on
Sep 12, 2018
Sold by
Smail Kathleen S and Smail Daniel R
Bought by
Richards Stephen J and Richards Nicole M
Seller's Agent
Cyrus Ghovanloo
HomeSmart
Buyer's Agent
Teresa Godek
Hometown Advantage Real Estate
List Price
$387,000
Sold Price
$387,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,250
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 6, 2015
Closed on
Jul 6, 2015
Sold by
Ridgeway William V
Bought by
Smail Kathleen G and Smail Daniel R
Seller's Agent
Randall Becker
Realty ONE Group
Buyer's Agent
Cyrus Ghovanloo
HomeSmart
List Price
$289,000
Sold Price
$287,500
Premium/Discount to List
-$1,500
-0.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$215,625
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 2009
Sold by
Ridgeway William V
Bought by
Gunneis Ridgeway Patricia Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 22, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Ridgeway William
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 5, 2009
Sold by
Vega Alfredo Rodriguez
Bought by
Hsbc Bank Usa National Association
Purchase Details
Closed on
Sep 25, 2006
Sold by
Dedvukaj Vasel
Bought by
Vega Alfredo Rodriguez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
6.36%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Feb 28, 2006
Sold by
Faast Lois W
Bought by
Dedvukaj Vasel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 6, 2006
Sold by
Dedvukaj Elizabeth
Bought by
Dedvukaj Vasel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bentley 1406 Llc | -- | Accommodation | |
| Richards Stephen J | $387,000 | Phoenix Title Agency Llc | |
| Smail Kathleen G | $287,500 | Greystone Title Agency Llc | |
| Gunneis Ridgeway Patricia Lynn | -- | Great American Title Agency | |
| Ridgeway William | $166,800 | Great American Title Agency | |
| Hsbc Bank Usa National Association | $165,000 | Great American Title Agency | |
| Vega Alfredo Rodriguez | $399,000 | Capital Title Agency Inc | |
| Dedvukaj Vasel | $316,000 | Capital Title Agency Inc | |
| Dedvukaj Vasel | -- | Capital Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brunkhorst James P | $378,000 | |
| Closed | Richards Stephen J | $290,250 | |
| Previous Owner | Smail | $217,600 | |
| Previous Owner | Smail Kathleen G | $215,625 | |
| Previous Owner | Ridgeway William | $125,100 | |
| Previous Owner | Vega Alfredo Rodriguez | $79,800 | |
| Previous Owner | Vega Alfredo Rodriguez | $279,300 | |
| Previous Owner | Dedvukaj Vasel | $221,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2018 09/17/18 | Sold | $387,000 | 0.0% | $205 / Sq Ft |
| 08/17/2018 08/17/18 | Pending | -- | -- | -- |
| 08/15/2018 08/15/18 | For Sale | $387,000 | +34.6% | $205 / Sq Ft |
| 07/10/2015 07/10/15 | Sold | $287,500 | -0.5% | $152 / Sq Ft |
| 06/12/2015 06/12/15 | Pending | -- | -- | -- |
| 06/05/2015 06/05/15 | For Sale | $289,000 | -- | $153 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,588 | $16,177 | -- | -- |
| 2024 | $1,601 | $15,407 | -- | -- |
| 2023 | $1,601 | $52,250 | $10,450 | $41,800 |
| 2022 | $1,568 | $39,970 | $7,990 | $31,980 |
| 2021 | $1,587 | $33,030 | $6,600 | $26,430 |
| 2020 | $1,566 | $29,850 | $5,970 | $23,880 |
| 2019 | $1,463 | $25,750 | $5,150 | $20,600 |
| 2018 | $1,405 | $23,420 | $4,680 | $18,740 |
| 2017 | $1,363 | $18,600 | $3,720 | $14,880 |
| 2016 | $1,337 | $17,610 | $3,520 | $14,090 |
| 2015 | $1,257 | $15,680 | $3,130 | $12,550 |
Source: Public Records
Agents Affiliated with this Home
-
-
Teresa Godek
T
Buyer's Agent in 2018
Teresa Godek
Hometown Advantage Real Estate
(520) 471-1864
14 Total Sales
-
Randall Becker
Seller's Agent in 2015
Randall Becker
Realty One Group
(602) 910-7595
40 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5806929
APN: 135-49-022C
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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