1418 E Knoll Cir Mesa, AZ 85203
North Central Mesa Neighborhood
--
Bed
--
Bath
3,688
Sq Ft
9,104
Sq Ft Lot
Highlights
- Cooling Available
- Macarthur Elementary School Rated A-
- Heating Available
About This Home
As of November 2019Rare Upscale 4-Plex! Townhome style units! Separate water meters- TENANTS PAY ALL UTILITIES!!! - water/sewer/trash/electric. Large 2bd/1.5 bath units, private fenced yards, private laundry w/ hookups, lighted covered parking, with much tile! All fourplexes in the area show pride of ownership! Knoll Circle is surrounded by nice residential homes. Rents are $650 for two units and $700 the other two! Potential opportunity to raise rents given the rental comps in the area. Pro-forma income/expense numbers (cap rate) do not include property management expense. Buyer must verify all facts/figures on their own.
Last Agent to Sell the Property
Arizona Platinum Properties LLC License #BR572199000 Listed on: 05/13/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,558
Year Built
- Built in 1986
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Covered Spaces
Schools
- Hermosa Vista Elementary School
- Stapley Junior High School
- Mountain View High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for water, sewer
- The owner pays for landscaping
- Assessor Parcel Number 136-07-171
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
- North Gate Gardens Unit 2 Lot 1 11 Subdivision
Building Details
- Operating Expense $6,658
- Gross Income $1,440
- Net Operating Income $27,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2019
Closed on
Dec 20, 2019
Sold by
Davis Matthew I and Davis Michelle R
Bought by
Md Realty Knoll Circle Llc
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Eric Dixon
On Q Property Management
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
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
$341,126
Avg. Annual Appreciation
10.04%
Purchase Details
Listed on
Apr 11, 2019
Closed on
Nov 20, 2019
Sold by
Davis Matthew Ian and Davis Michelle Renee
Bought by
Davis Matthew Ian and Davis Michelle Renee
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Eric Dixon
On Q Property Management
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 11, 2019
Closed on
Oct 8, 2019
Sold by
Lau Caron Ann and Ling Ronald Won Yuk
Bought by
Davis Matthew Lan and Davis Michelle Renee
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Eric Dixon
On Q Property Management
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 23, 2018
Closed on
Apr 11, 2018
Sold by
Lau Sheldon Hon Chew and Lau Caron Ann
Bought by
Lau Caron Ann
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
Justin Bland
Better Homes & Gardens Real Estate SJ Fowler
List Price
$399,900
Sold Price
$420,000
Premium/Discount to List
$20,100
5.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$280,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 13, 2016
Closed on
Jul 9, 2016
Sold by
Ayn Properties Llc
Bought by
Buhl Adam and Buhl Tatum
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
Michael Smith
Barrett Real Estate
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.32%
Original Mortgage
$238,000
Interest Rate
3.41%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 3, 2014
Closed on
Mar 13, 2014
Sold by
Moreno Monica
Bought by
Ayn Properties Llc
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
List Price
$299,900
Sold Price
$288,000
Premium/Discount to List
-$11,900
-3.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Purchase Details
Closed on
Jul 25, 2013
Sold by
Moreno Monica and Leong David
Bought by
Moreno Monica
Purchase Details
Closed on
Apr 13, 2012
Sold by
Moreno Monica and Leong David
Bought by
Moreno Monica and Leong David
Purchase Details
Closed on
Sep 17, 2004
Sold by
Riggs Justin and Riggs Katherine D
Bought by
Moreno Monica and Leong David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,800
Interest Rate
5.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2003
Sold by
Riggs Justin
Bought by
Riggs Justin and Riggs Katherine D
Purchase Details
Closed on
Aug 30, 2000
Sold by
Lamb Michael D and Lamb Lorie L
Bought by
Riggs Justin C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,119
Interest Rate
8.07%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 17, 1999
Sold by
Dubois Michael A and Dubois Joanne R
Bought by
Lamb Michael D and Lamb Lorie L
Similar Homes in Mesa, AZ
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | $468,000 | Pioneer Title Agency Inc | |
| Interfamily Deed Transfer | -- | Pioneer Title Agency Inc | |
| Warranty Deed | $415,000 | Pioneer Title Agency Inc | |
| Warranty Deed | $340,000 | Stewart Title Arizona Agency | |
| Cash Sale Deed | $288,000 | First Arizona Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $332,520 | Security Title Agency | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $234,600 | Security Title Agency | |
| Joint Tenancy Deed | $170,000 | Transnation Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $441,000 | Commercial | |
| Previous Owner | $351,000 | New Conventional | |
| Previous Owner | $280,000 | New Conventional | |
| Previous Owner | $238,000 | New Conventional | |
| Previous Owner | $260,800 | New Conventional | |
| Previous Owner | $38,700 | Credit Line Revolving | |
| Previous Owner | $228,119 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2019 11/20/19 | Sold | $470,000 | -1.1% | $127 / Sq Ft |
| 09/28/2019 09/28/19 | Pending | -- | -- | -- |
| 08/26/2019 08/26/19 | For Sale | $475,000 | 0.0% | $129 / Sq Ft |
| 08/20/2019 08/20/19 | Pending | -- | -- | -- |
| 08/13/2019 08/13/19 | For Sale | $475,000 | 0.0% | $129 / Sq Ft |
| 07/19/2019 07/19/19 | Pending | -- | -- | -- |
| 07/15/2019 07/15/19 | For Sale | $475,000 | +1.1% | $129 / Sq Ft |
| 07/01/2019 07/01/19 | Off Market | $470,000 | -- | -- |
| 06/20/2019 06/20/19 | Price Changed | $475,000 | -2.1% | $129 / Sq Ft |
| 06/13/2019 06/13/19 | For Sale | $485,000 | 0.0% | $132 / Sq Ft |
| 05/31/2019 05/31/19 | Pending | -- | -- | -- |
| 04/30/2019 04/30/19 | For Sale | $485,000 | 0.0% | $132 / Sq Ft |
| 04/17/2019 04/17/19 | Pending | -- | -- | -- |
| 04/11/2019 04/11/19 | For Sale | $485,000 | +15.5% | $132 / Sq Ft |
| 05/04/2018 05/04/18 | Sold | $420,000 | +5.0% | $114 / Sq Ft |
| 03/27/2018 03/27/18 | Pending | -- | -- | -- |
| 03/23/2018 03/23/18 | For Sale | $399,900 | +17.6% | $108 / Sq Ft |
| 08/26/2016 08/26/16 | Sold | $340,000 | -6.7% | $92 / Sq Ft |
| 07/27/2016 07/27/16 | Pending | -- | -- | -- |
| 07/27/2016 07/27/16 | Price Changed | $364,500 | 0.0% | $99 / Sq Ft |
| 06/13/2016 06/13/16 | Pending | -- | -- | -- |
| 06/01/2016 06/01/16 | Price Changed | $364,500 | -0.1% | $99 / Sq Ft |
| 05/13/2016 05/13/16 | For Sale | $365,000 | +26.7% | $99 / Sq Ft |
| 03/28/2014 03/28/14 | Sold | $288,000 | -4.0% | $78 / Sq Ft |
| 02/27/2014 02/27/14 | Pending | -- | -- | -- |
| 02/01/2014 02/01/14 | For Sale | $299,900 | -- | $81 / 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 | $1,968 | $20,051 | -- | -- |
| 2024 | $1,984 | $19,096 | -- | -- |
| 2023 | $1,984 | $67,160 | $13,430 | $53,730 |
| 2022 | $1,943 | $50,210 | $10,040 | $40,170 |
| 2021 | $1,967 | $43,880 | $8,770 | $35,110 |
| 2020 | $1,941 | $39,310 | $7,860 | $31,450 |
| 2019 | $1,814 | $33,460 | $6,690 | $26,770 |
| 2018 | $1,741 | $29,970 | $5,990 | $23,980 |
| 2017 | $1,689 | $26,380 | $5,270 | $21,110 |
| 2016 | $1,658 | $24,050 | $4,810 | $19,240 |
| 2015 | $1,558 | $22,650 | $4,530 | $18,120 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Gaffney
Seller's Agent in 2019
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
(602) 264-8400
26 Total Sales
-
Eric Dixon
Buyer's Agent in 2019
Eric Dixon
On Q Property Management
(480) 332-7404
4 in this area
91 Total Sales
-
Michael Smith
Seller's Agent in 2018
Michael Smith
Barrett Real Estate
(480) 694-2564
1 in this area
183 Total Sales
-
Kathleen Smith
K
Seller Co-Listing Agent in 2018
Kathleen Smith
Barrett Real Estate
(480) 967-1333
1 in this area
77 Total Sales
-
J
Buyer's Agent in 2018
Justin Bland
Better Homes & Gardens Real Estate SJ Fowler
-
Daniel Shreeve
D
Seller's Agent in 2016
Daniel Shreeve
Arizona Platinum Properties LLC
(480) 600-4307
6 in this area
34 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5442734
APN: 136-07-171
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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