NOT LISTED FOR SALE

1440 E Knoll Cir Mesa, AZ 85203

North Central Mesa Neighborhood

Estimated Value: $745,106 - $858,000

-- Bed
-- Bath
3,632 Sq Ft
$224/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $471,000 $130 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,665/month

3 Days on Market

About This Home

As of August 2018

RARE FIND, UPSCALE 4PLEX LARGE TOWNHOUSE STYLE UNITS 2B/1.5B AND THE BEST PART IS ALL UTILITIES (ELECTRIC&WATER) ARE SEPARATELY METERED AND PAID BY TENANTS.
NICE SIZED PRIVATE BACKYARDS AND STORAGE UNITS WITH WASHER AND DRYER HOOK UPS.
ABSOLUTELY DO NOT DISTURB TENANTS AS THEY DO NOT KNOW BUILDING IS FOR SALE. VIEWING, INSPECTION WITH ACCEPTED CONTRACT ONLY.
BUYER AND OR BUYERS AGENT TO VERIFY ALL FACTS AND FIGURES TO THEIR SATISFACTION.

Last Listed By

Justin Bland

Better Homes & Gardens Real Estate SJ Fowler License #SA529935000 Listed on: 08/06/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 1983

Lot Details

  • 0.3

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for water, sewer
  • The owner pays for landscaping
  • Tax Lot 5
  • Assessor Parcel Number 136-07-174

Community Details

Overview

  • 4 Units
  • Building Dimensions are 13,168
  • North Gate Gardens Unit 2 Lot 1 11 Subdivision

Building Details

  • Operating Expense $7,741
  • Gross Income $37,449
  • Net Operating Income $29,708

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,638

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: McKellips / Gilbert
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H MULTFAM
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2017
  • Directions: From Gilbert Rd go west on McKellips to Lazona go North to Knoll Circle East to property.
  • Road Surface Type: Asphalt, Concrete
  • Professional Management Expense: 3153.0
  • Subdivision Name: NORTH GATE GARDENS UNIT 2 LOT 1-11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • 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:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, City Electric
  • Cooling: Central A/C, Individual, Electric
  • Heating: Individual, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Lot Info

  • Lot Size: 13,168
  • Additional Parcels: No
  • Parcel #: 136-07-174

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 4
  • Electric Expense: 250.0
  • Annual Gross Income: 37449.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 29708.0
  • Annual Operating Expense: 7741.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1638.0
  • Tax Book Number: 136.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2020
Sold by
Stern Valerie L
Bought by
Stern Valerie L and Stern Valerie L
Total Days on Market
3
Current Estimated Value
$812,777

Purchase Details

Listed on
Aug 6, 2018
Closed on
Aug 24, 2018
Sold by
George Kh And Associates Inc
Bought by
Stern William D and Stern Valerie L
Seller's Agent
Justin Bland
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
List Price
$479,000
Sold Price
$471,000
Premium/Discount to List
-$8,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
Oct 13, 2010
Sold by
Titan Capital Group Llc
Bought by
George K H Lau & Associates Inc 404 K Pl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,100
Interest Rate
4.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2010
Sold by
Sanchez Loera Delia
Bought by
Titan Capital Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,100
Interest Rate
4.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 2006
Sold by
Royce Carmen G
Bought by
Sanchez Loera Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 14, 2005
Sold by
Collier Cobra A and Enderson Cobra R
Bought by
Royce Carmen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,900
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2003
Sold by
Bingham Kenneth G and Bingham Cynthia F
Bought by
Enderson Cobra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2001
Sold by
Cardon Samuel F
Bought by
Bingham Kenneth G and Bingham Cynthia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
6.87%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Stern Valerie L -- None Available
Stern William D $471,000 Chicago Title Agency Inc
George K H Lau & Associates Inc 404 K Pl $180,000 American Title Service Agenc
Titan Capital Group Llc $129,100 None Available
Sanchez Loera Delia $421,000 Empire Title Agency Of Az Ll
Royce Carmen G $369,900 Title Security Agency Of Az
Enderson Cobra R $300,000 Capital Title Agency Inc
Bingham Kenneth G $252,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Titan Capital Group Llc $129,100
Previous Owner Titan Capital Group Llc $129,100
Previous Owner Sanchez Loera Delia $50,000
Previous Owner Sanchez Loera Delia $328,900
Previous Owner Royce Carmen G $258,900
Previous Owner Enderson Cobra R $240,000
Previous Owner Bingham Kenneth G $201,600
Previous Owner Cardon Samuel F $117,420
Closed Bingham Kenneth G $50,400
Closed Enderson Cobra R $30,000
Closed Royce Carmen G $73,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $471,000 -1.7% $130 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
08/04/2018 08/04/18 For Sale $479,000 -- $132 / 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 $1,909 $19,451 -- --
2024 $1,925 $18,525 -- --
2023 $1,925 $65,950 $13,190 $52,760
2022 $1,885 $50,150 $10,030 $40,120
2021 $1,908 $44,020 $8,800 $35,220
2020 $1,883 $39,080 $7,810 $31,270
2019 $1,760 $32,880 $6,570 $26,310
2018 $1,689 $29,310 $5,860 $23,450
2017 $1,638 $25,470 $5,090 $20,380
2016 $1,608 $23,500 $4,700 $18,800
2015 $1,511 $21,860 $4,370 $17,490
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Justin Bland

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • J

    Buyer's Agent in 2018

    James Stephens

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 672-3526

    52 Total Sales

    James Stephens
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5802910

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-07-174

Arizona Maricopa County Mesa 85203 North Central Mesa

1440 E Knoll Cir, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 1440 E Knoll Cir, Mesa, AZ 85203 since 06 August 2018 and is currently estimated at $812,777, approximately $223 per square foot. This property was built in 1983. 1440 E Knoll Cir is a home located in Maricopa County with nearby schools including Macarthur Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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