NOT LISTED FOR SALE

Estimated Value: $626,000 - $809,000

Studio
-- Bath
1,980 Sq Ft
$354/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2018

Last sale price $295,000 $149 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,897 / mo

24 Days on Market

Highlights

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

About This Home

As of June 2018

Great Investment property, right off the light rail, in recently revitalized down town mesa. Increased demand in this area allows rent rates to be increased to over $800 per unit! Both downstairs units enjoy private backyards, washer and dryer, AND basement. Upstairs unit has large private balcony and ample storage. New AC installed in 2016. Very clean and easy to rent. Please do NOT disturb tenants. Drive by only. Once under contract access will be arranged for inspection.

Last Agent to Sell the Property

Angela Johnson

Bullseye Property Management, LLC License #SA646383000 Listed on: 04/27/2018

Last Buyer's Agent

Ryan Swan

HomeSmart License #SA661174000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $834

Year Built

  • Built in 1983

Lot Details

  • 6,752

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • 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, 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 $5,258
  • Gross Income $28,968
  • Net Operating Income $23,530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$834

Year Built

Built in 1983

Lot Details

6,752 Sq Ft Lot

Listing Details

  • Cross Street: Dobson and Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: LA MESITA
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Appliances: BI Oven/Range, Microwave, Washer/Dryer, W/D Hookup
  • 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

  • Annual Water Sewer Expense: 2725.0

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, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Electric Expense: 378.0
  • Annual Gross Income: 28968.0
  • Insurance Expense: 850.0
  • Property Net Operating Income: 23530.0
  • Annual Operating Expense: 5258.0

Tax Info

  • Tax Annual Amount: 834.0
  • Tax Book Number: 135.00
  • Tax Lot: 46
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2018 06/15/18 Sold $295,000 0.0% $149 / Sq Ft
04/27/2018 04/27/18 For Sale $295,000 +83.7% $149 / Sq Ft
10/02/2013 10/02/13 Sold $160,600 +17.2% $81 / Sq Ft View Prior Sale
04/23/2013 04/23/13 Sold $137,000 -11.6% $69 / Sq Ft View Prior Sale
03/20/2013 03/20/13 Pending -- -- --
02/27/2013 02/27/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $155,000 +10.7% $78 / Sq Ft
10/26/2012 10/26/12 For Sale $140,000 -- $71 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,591 $16,124 -- --
2024 $1,596 $15,356 -- --
2023 $1,596 $60,000 $12,000 $48,000
2022 $1,563 $39,080 $7,810 $31,270
2021 $1,582 $30,720 $6,140 $24,580
2020 $1,561 $27,580 $5,510 $22,070
2019 $1,459 $24,000 $4,800 $19,200
2018 $1,400 $19,720 $3,940 $15,780
2017 $1,358 $18,450 $3,690 $14,760
2016 $1,333 $17,480 $3,490 $13,990
2015 $1,253 $15,230 $3,040 $12,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5767086

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-45-049B

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