NOT LISTED FOR SALE

Estimated Value: $665,224 - $766,000

-- Bed
-- Bath
1,672 Sq Ft
$428/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $555,000 $332 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,830/month

3 Days on Market

Highlights

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

About This Home

As of October 2020

Awesome 4-plex with all long term tenants that are all at $850 per month.......so much action happening within 2 miles of this property......MASSIVE downtown Mesa development including complete remodel of the Mesa LDS Temple and way too much other development to list here. Great investment opportunity. Don't miss out on this great property. Do not disturb tenants as they are not aware of the listing. Access to units upon contract signing.

Last Agent to Sell the Property

Blaine Jarvis

Bullseye Property Management, LLC License #SA027837000 Listed on: 09/04/2020

Last Buyer's Agent

Cam Morrier

Occasio Realty License #BR643132000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1961

Lot Details

  • 0.33

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Edison Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 17
  • Assessor Parcel Number 138-22-001

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 14,300

Building Details

  • Operating Expense $1,292

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,292

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: Stapley & University
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 2
  • Year Built: 1961
  • Tax Year: 2019
  • Road Surface Type: Sidewalk(s)
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Central A/C, Individual, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Edison Elementary School
  • High School: Westwood High School
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 14,300
  • Additional Parcels: No
  • Parcel #: 138-22-001

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1292.0

Tax Info

  • Tax Annual Amount: 1292.0
  • Tax Book Number: 138.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 19, 2020
Sold by
Marezynsk Ewelina
Bought by
Marezynsk Pau and Marezynskt Ewelina
Seller's Agent
Blaine Jarvis
Bullseye Property Management, LLC
Buyer's Agent
Cam Morrier
Occasio Realty
List Price
$595,000
Sold Price
$555,000
Premium/Discount to List
-$40,000
-6.72%
Current Estimated Value
$678,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,138
Avg. Annual Appreciation
5.45%
Original Mortgage
$416,250
Outstanding Balance
$373,768
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$341,768

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 5, 2020
Sold by
Jarvis Lou and Marczynski Paul
Bought by
Wang Xiaonan and Gao Lina
Seller's Agent
Blaine Jarvis
Bullseye Property Management, LLC
Buyer's Agent
Cam Morrier
Occasio Realty
List Price
$595,000
Sold Price
$555,000
Premium/Discount to List
-$40,000
-6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Outstanding Balance
$373,768
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$341,768

Purchase Details

Closed on
Sep 16, 2019
Sold by
Jarvis Blaine Louis
Bought by
Urban Holdings Az Llc

Purchase Details

Closed on
May 29, 2019
Sold by
Jarvis Dawn and Jarvis Blaine Louis
Bought by
Jarvis Blaine Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2019
Sold by
Valadez Maria
Bought by
Four Peaks Synergy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2012
Sold by
Afa Investments Llc
Bought by
Valadez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,800
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2006
Sold by
Valadez Maria
Bought by
Afa Investments Llc

Purchase Details

Closed on
Apr 20, 2004
Sold by
Fabiani Raymond J and Fabiani Angelita M
Bought by
Valadez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,600
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Fabiani Raymond J
Bought by
Fabiani Raymond J and Fabiani Angelita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 1999
Sold by
Fabiani Raymond J
Bought by
Fabiani Raymond J and Fabiani Angelita M

Purchase Details

Closed on
Nov 22, 1999
Sold by
Johnson Bernard E and Johnson Nancy A
Bought by
Fabiani Martha D

Purchase Details

Closed on
Apr 4, 1996
Sold by
Radosevich Margaret
Bought by
Johnson Bernard E and Johnson Nancy A
Source: Public Records

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
Marezynsk Pau -- Clear Title Agency Of Az
Jarvis Lou -- Clear Title Agency Of Az
Jarvis Lou -- Clear Title Agency Of Az
Wang Xiaonan $555,000 Clear Title Agency Of Az
Urban Holdings Az Llc -- None Available
Jarvis Blaine Louis -- Pioneer Title Agency Inc
Jarvis Blaine Louis $320,000 Pioneer Title Agency Inc
Four Peaks Synergy Llc $290,000 Pioneer Title Agency Inc
Valadez Maria -- Clear Title Agency Of Arizon
Afa Investments Llc -- None Available
Valadez Maria $258,000 Transnation Title
Fabiani Raymond J -- Century Title Agency Inc
Fabiani Raymond J -- Century Title Agency Inc
Fabiani Raymond J -- --
Fabiani Martha D $164,900 Capital Title Agency Inc
Johnson Bernard E $143,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Xiaonan $416,250
Previous Owner Jarvis Blaine Louis $247,500
Previous Owner Jarvis Blaine Louis $240,000
Previous Owner Valadez Maria $169,800
Previous Owner Valadez Maria $187,500
Previous Owner Valadez Maria $180,600
Previous Owner Fabiani Raymond J $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $555,000 -6.7% $332 / Sq Ft
09/06/2020 09/06/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $595,000 -- $356 / 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 $1,402 $14,281 -- --
2024 $1,413 $13,601 -- --
2023 $1,413 $48,510 $9,700 $38,810
2022 $1,384 $37,170 $7,430 $29,740
2021 $1,401 $30,970 $6,190 $24,780
2020 $1,383 $27,770 $5,550 $22,220
2019 $1,292 $23,670 $4,730 $18,940
2018 $1,240 $21,460 $4,290 $17,170
2017 $1,203 $17,950 $3,590 $14,360
2016 $1,181 $16,980 $3,390 $13,590
2015 $1,110 $15,070 $3,010 $12,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6127295

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-22-001