NOT LISTED FOR SALE

Estimated Value: $398,000 - $411,000

Studio
-- Bath
1,456 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $312,000 $214 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,180/month

3 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of March 2021

Attention Investors! Cash Flow Opportunity!
Duplex in Mesa with separate Electric, Water and Gas Meters! Already Rented! Turn Key Money Maker!!!

Last Agent to Sell the Property

Jesus Serrato Herrera

ProSmart Realty License #SA649397000 Listed on: 03/03/2021

Co-Listed By

Cesar Gonzalez

ProSmart Realty License #SA565125000

Last Buyer's Agent

Josh Strong

Nhimble Homes License #SA687584000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $756

Year Built

  • Built in 1970

Lot Details

  • 6,011

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 138-11-056-C

Community Details

Overview

  • 2 Units
  • Building Dimensions are 69 X 91
  • La Zona Acres Lots 15 Thru 19 38 Thru 43 Subdivision

Building Details

  • Operating Expense $756

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$756

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Stapley & Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: psmt07
  • Subdivision Name: LA ZONA ACRES LOTS 15 THRU 19 38 THRU 43
  • Tax Parcel Letter: C
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 69 X 91
  • Additional Parcels: No
  • Parcel #: 138-11-056-C

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 756.0

Tax Info

  • Tax Annual Amount: 756.0
  • Tax Book Number: 138.00
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Rs Xii Phoenix Owner 1 Lp
Bought by
Star 2022-Sfr3 Borrower Lp
Current Estimated Value
$404,667

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 10, 2021
Sold by
Sumnor Properties Inc
Bought by
Rs Xii Phoenix Owner 1 Lp
Seller's Agent
Jesus Serrato Herrera
ProSmart Realty
Buyer's Agent
Josh Strong
Nhimble Homes
List Price
$320,000
Sold Price
$312,000
Premium/Discount to List
-$8,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%

Purchase Details

Closed on
Aug 8, 2011
Sold by
Barrios Jose F
Bought by
Sunmore Properties Inc

Purchase Details

Closed on
Jun 15, 2005
Sold by
Dumas Scott D
Bought by
Barrios Jose F and Barrios Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,100
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2000
Sold by
Dumas Scott D and Dumas Cynthia
Bought by
Dumas Scott D
Source: Public Records
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
Star 2022-Sfr3 Borrower Lp -- Os National
Rs Xii Phoenix Owner 1 Lp $312,000 First American Title Ins Co
Sunmore Properties Inc $36,000 Driggs Title Agency Inc
Barrios Jose F $219,000 Equity Title Agency Inc
Dumas Scott D -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrios Jose F $197,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $312,000 -2.5% $214 / Sq Ft
03/29/2021 03/29/21 Price Changed $320,000 0.0% $220 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $320,000 -- $220 / 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 $771 $7,812 -- --
2024 $773 $7,440 -- --
2023 $773 $25,720 $5,140 $20,580
2022 $757 $19,870 $3,970 $15,900
2021 $766 $16,480 $3,290 $13,190
2020 $756 $14,820 $2,960 $11,860
2019 $707 $12,630 $2,520 $10,110
2018 $678 $11,470 $2,290 $9,180
2017 $658 $9,360 $1,870 $7,490
2016 $646 $8,580 $1,710 $6,870
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6201936

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-11-056C