$329,900
SOLD AUG 2, 2019

149 N Phyllis Unit 205 Mesa, AZ 85201

West Main Neighborhood
-- Bed
-- Bath
650 Sq Ft
5,184 Sq Ft Lot

Recently Sold

$508 Per Sq Ft

1 Day on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of March 2021

FULLY RENTED Triplex in Mesa, just one block from the rapidly developing Main Street/Apache corridor. Walking distance to the light rail & easy access to the 101 freeway & Tempe. This 1983 constructed building has been well maintained and sits on a prime corner lot with great curb appeal. All three units feature 2 beds, 1 bath, full size W/D hookups, updated kitchens/baths, and tile/laminate flooring throughout. The two lower units each have private back yards, while the upper unit has a large private balcony. Vacancies are rare and the units rent incredibly fast. Plenty of off street parking. One brand new AC unit just installed in 2019, and another installed in 2016. Current gross rents ~$2,500 with room to increase. Drive by only, please do not disturb tenants.

Last Agent to Sell the Property

Ryan Swan

HomeSmart License #SA661174000 Listed on: 06/19/2019

HomeSmart

Last Buyer's Agent

Christopher Keator

My Home Group Real Estate License #SA671459000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $867

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Free Parking
  • Paved Parking

Schools

  • Powell Junior High School
  • Westwood High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 46
  • Assessor Parcel Number 135-45-049-C

Community Details

Overview

  • 3 Units
  • Building Dimensions are 5175
  • La Mesita Subdivision

Building Details

  • Operating Expense $7,637
  • Gross Income $28,925
  • Net Operating Income $21,631

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$867

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: 101 and Main Street in Mesa
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2018
  • Directions: From the 101, head East on Main street. Turn North on Phyllis, follow Phyllis along canal. Triplex will be on your right.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2500.0
  • Subdivision Name: LA MESITA
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: BI Oven/Range, F/S Oven/Range, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: 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
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1050.0
  • Annual Water Sewer Expense: 1050.0

Schools

  • Elementary School: Powell Junior High School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Powell Junior High School

Lot Info

  • Lot Size: 5175
  • Additional Parcels: No
  • Parcel #: 135-45-049-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Electric Expense: 375.0
  • Annual Gross Income: 28925.4
  • Insurance Expense: 1195.0
  • Property Net Operating Income: 21631.02
  • Annual Operating Expense: 7637.38
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 867.38
  • Tax Book Number: 135.00
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 22, 2021
Sold by
Centino Lloyd and Centino Anna Golda
Bought by
La Mesita Property Llc
Seller's Agent
Joshua Willets
Grace CRE
Buyer's Agent
Tamra Yelavich
West USA Realty
List Price
$489,900
Sold Price
$500,000
Premium/Discount to List
$10,100
2.06%
Current Estimated Value
$657,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,023
Avg. Annual Appreciation
6.67%
Original Mortgage
$356,250
Outstanding Balance
$322,393
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$339,837

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 20, 2021
Sold by
Shaklee Randy Joe
Bought by
Centino Lloyd and Centino Anna Golda
Seller's Agent
Joshua Willets
Grace CRE
Buyer's Agent
Tamra Yelavich
West USA Realty
List Price
$489,900
Sold Price
$500,000
Premium/Discount to List
$10,100
2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$322,393
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$339,837

Purchase Details

Listed on
Jun 19, 2019
Closed on
Jul 25, 2019
Sold by
Brantley Eric
Bought by
Shaklee Randy Joe
Seller's Agent
Ryan Swan
HomeSmart
Buyer's Agent
Christopher Keator
My Home Group Real Estate
List Price
$329,900
Sold Price
$329,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.47%
Original Mortgage
$323,924
Interest Rate
3.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2018
Sold by
K Dwellings Llc
Bought by
Brantley Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,904
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2013
Sold by
Johnson Becky Hatch
Bought by
Johnson Kenneth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2013
Sold by
Kuebler John S
Bought by
Johnson Kenneth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2012
Sold by
Kuebler Kelly Marie
Bought by
Kuebler John Shane

Purchase Details

Closed on
Mar 23, 2012
Sold by
Savoldt Eric S
Bought by
Brad Young Pllc

Purchase Details

Closed on
Dec 29, 2006
Sold by
Savoldi Kim
Bought by
Savoldi Eric S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
8.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2006
Sold by
Fitterer Jesse S and Fitterer Debra
Bought by
Savoldi Eric S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
8.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2006
Sold by
Khoury Suheil and Toubassy Rima
Bought by
Fitterer Jesse S and Fitterer Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
9.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Pettingill Rex
Bought by
Khoury Suheil and Toubassy Rima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,650
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2004
Sold by
Angulo Ramon and Angulo Josefina
Bought by
Pettingill Rex

Purchase Details

Closed on
Sep 25, 2000
Sold by
Riffey James and Riffey Elaine
Bought by
Riffey Randon and Riffey Sheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 1995
Sold by
Oliver Mildred M and The Mildred M Oliver Trust
Bought by
Riffey Randon and Riffey Sheri

Purchase Details

Closed on
Mar 9, 1994
Sold by
Oliver Mildred M
Bought by
Oliver Mildred M and The Mildred M Oliver Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $500,000 Old Republic Title Agency
Warranty Deed $329,900 Empire West Title Agency Llc
Warranty Deed $295,000 Empire West Title Agency
Interfamily Deed Transfer -- Equity Title Agency Inc
Warranty Deed $137,000 Equity Title Agency Inc
Interfamily Deed Transfer -- Accommodation
Quit Claim Deed -- Accommodation
Cash Sale Deed $100,000 Chicago Title
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $265,000 Security Title Agency Inc
Warranty Deed $268,000 Security Title Agency Inc
Warranty Deed $207,600 Capital Title Agency Inc
Warranty Deed $165,000 Capital Title Agency Inc
Interfamily Deed Transfer -- Equity Title Agency
Warranty Deed $88,616 Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 New Conventional
Previous Owner $323,924 FHA
Previous Owner $285,904 FHA
Previous Owner $102,750 New Conventional
Previous Owner $265,000 New Conventional
Previous Owner $214,400 New Conventional
Previous Owner $168,000 Unknown
Previous Owner $167,650 New Conventional
Previous Owner $110,700 FHA
Closed $20,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $500,000 +2.1% $769 / Sq Ft
03/01/2021 03/01/21 For Sale $489,900 0.0% $754 / Sq Ft
03/01/2021 03/01/21 Price Changed $489,900 -2.0% $754 / Sq Ft
03/01/2021 03/01/21 Off Market $500,000 -- --
02/16/2021 02/16/21 For Sale $450,000 +36.4% $692 / Sq Ft
08/02/2019 08/02/19 Sold $329,900 0.0% $508 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $329,900 0.0% $508 / Sq Ft
12/14/2012 12/14/12 Rented $625 -3.8% --
12/14/2012 12/14/12 Under Contract -- -- --
12/10/2012 12/10/12 For Rent $650 -- --
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 $981 $9,990 -- --
2024 $989 $9,515 -- --
2023 $989 $36,350 $7,270 $29,080
2022 $968 $23,970 $4,790 $19,180
2021 $980 $19,630 $3,920 $15,710
2020 $967 $18,010 $3,600 $14,410
2019 $904 $15,610 $3,120 $12,490
2018 $867 $12,780 $2,550 $10,230
2017 $841 $11,720 $2,340 $9,380
2016 $826 $10,930 $2,180 $8,750
2015 $776 $9,260 $1,850 $7,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5941560

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-45-049C