NOT LISTED FOR SALE

Estimated Value: $360,324 - $484,000

4 Beds
-- Bath
1,740 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $425,000 $244 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,220/month

56 Days on Market

Highlights

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

About This Home

As of September 2023

Great duplex that is located close to both the US60 and Loop 202. Fantastic opportunity to own this duplex as either an investment or an opportunity to have your own place and rent out the other unit for cash. Both units have 2 bedrooms, an eat-in kitchen, 1 bathroom and their own laundry room. Low maintenance landscaping and a carport to keep your vehicle covered during those hot days. This property has been well maintained. Roof was replaced in 2021. One unit has new Trane unit as of 2021.

Last Listed By

Kelley Kemmis

American Allstar Realty License #SA664502000 Listed on: 06/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $756

Year Built

  • Built in 1981

Lot Details

  • 10,019

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Carport
  • Paved Parking

Schools

  • Brinton Elementary School
  • Smith Junior High School
  • Skyline High School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter
  • Septic Tank

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 10
  • Assessor Parcel Number 220-66-050-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 0
  • St Francis Subdivision Lots 1 11

Building Details

  • Operating Expense $6,616
  • Gross Income $29,328
  • Net Operating Income $22,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$756

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Apache Trl & Mountai Rd
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2022
  • Directions: Head West on Apache Trl towards S Phelps Dr. Turn left onto S Mountain Rd and property will be on the left.
  • Road Surface Type: Dirt, Concrete, Sidewalk(s)
  • Professional Management Expense: 1800.0
  • Subdivision Name: ST FRANCIS SUBDIVISION LOTS 1-11
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Disposal, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 600.0

Schools

  • Elementary School: Brinton Elementary
  • High School: Skyline High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Smith Junior High School

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 220-66-050-A

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Annual Gross Income: 29328.0
  • Insurance Expense: 1260.0
  • Maintenance Expense: 2200.0
  • Property Net Operating Income: 22280.0
  • Annual Operating Expense: 6616.0
  • Vacancy Allowance Rate: 0.06

Tax Info

  • Tax Annual Amount: 756.0
  • Tax Book Number: 220.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Sep 19, 2023
Sold by
Maylayoline Trust
Bought by
Salami Sadiku
Seller's Agent
Kelley Kemmis
American Allstar Realty
Buyer's Agent
Claudia Swartz
West USA Realty
List Price
$465,000
Sold Price
$425,000
Premium/Discount to List
-$40,000
-8.6%
Total Days on Market
56
Views
56
Current Estimated Value
$388,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,160
Avg. Annual Appreciation
-2.39%
Original Mortgage
$410,815
Outstanding Balance
$404,321
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$4,260

Purchase Details

Closed on
Nov 21, 2022
Sold by
Cerda Abelardo B and Cerda Mayline
Bought by
Maylayoline Trust

Purchase Details

Closed on
Aug 31, 2022
Sold by
Cerda Jr Abelardo B and Cerda Mayline
Bought by
Maylayoline Trust

Purchase Details

Closed on
Feb 8, 2022
Sold by
Matthew Taylor Damon
Bought by
Cerda Abelardo B and Torres-Cerda Mayline

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 28, 2021
Sold by
Miller Jean C
Bought by
Cerda Abelardo B and Torres Cerda Mayline
Seller's Agent
Rebecca Turner
Walt Danley Local Luxury Christie's International Real Estate
Buyer's Agent
Kelley Kemmis
American Allstar Realty
List Price
$315,000
Sold Price
$335,000
Premium/Discount to List
$20,000
6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$215,000
Interest Rate
2.8%
Mortgage Type
New Conventional

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
Salami Sadiku $425,000 Security Title Agency
Maylayoline Trust -- --
Maylayoline Trust -- None Listed On Document
Cerda Abelardo B -- None Listed On Document
Cerda Abelardo B $335,000 Driggs Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salami Sadiku $410,815
Previous Owner Cerda Abelardo B $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $425,000 0.0% $244 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/10/2023 08/10/23 Price Changed $425,000 -5.6% $244 / Sq Ft
07/27/2023 07/27/23 Price Changed $450,000 -1.1% $259 / Sq Ft
07/27/2023 07/27/23 Price Changed $455,000 -1.1% $261 / Sq Ft
07/13/2023 07/13/23 Price Changed $460,000 -1.1% $264 / Sq Ft
06/22/2023 06/22/23 For Sale $465,000 +38.8% $267 / Sq Ft
10/29/2021 10/29/21 Sold $335,000 +6.3% $193 / Sq Ft
09/15/2021 09/15/21 For Sale $315,000 -- $181 / 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 $764 $8,492 -- --
2024 $774 $8,088 -- --
2023 $774 $27,170 $5,430 $21,740
2022 $756 $19,470 $3,890 $15,580
2021 $754 $17,610 $3,520 $14,090
2020 $748 $16,810 $3,360 $13,450
2019 $693 $14,670 $2,930 $11,740
2018 $676 $12,450 $2,490 $9,960
2017 $652 $10,250 $2,050 $8,200
2016 $639 $9,480 $1,890 $7,590
2015 $597 $9,120 $1,820 $7,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6571886

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-66-050A