NOT LISTED FOR SALE

15 E 2nd Ave Mesa, AZ 85210

Downtown Mesa Neighborhood

Estimated Value: $355,000 - $605,000

-- Bed
1 Bath
500 Sq Ft
$1,019/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $424,000 $848 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,780/month

58 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Central Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of November 2020

Nice curb appeal with a fenced front yard. Units 1 - 4 has a total of 5 bedrooms and 4 baths. Community laundry on premises. Large yard is shared between units. Walking distance to elementary school. Close to shopping. Buyer/Agent to verify utilities/facts and schools.

Last Agent to Sell the Property

Andrew Thruston

P.J. Hussey & Associates, Inc License #BR549524000 Listed on: 07/28/2020

Co-Listed By

Ashley Everts

P.J. Hussey & Associates, Inc License #BR637677000

Last Buyer's Agent

David Johnson

Dave Johnson Realty License #BR626902000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1945

Lot Details

  • 7,971

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Wood Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Common or Shared Parking

Schools

  • Franklin West Elementary School
  • Kino Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, landscaping
  • Legal Lot and Block 3 / 19
  • Assessor Parcel Number 138-49-004

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Building Dimensions are IRR
  • Mesa Arizona Subdivision

Building Details

  • Operating Expense $4,397

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: Center & 2nd Ave
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: unknwn
  • Number Of Buildings: 3
  • Year Built: 1945
  • Tax Year: 2019
  • Road Surface Type: Gravel, Dirt, Asphalt, Dedicated Street, Private Street, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Co List Office Mls Id: huss01
  • Co List Office Phone: 623-930-7700
  • Subdivision Name: MESA ARIZONA
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Common
  • 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:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Attached: Yes

Utilities

  • Electric: City Electric
  • Cooling: Heat Pump, Electric
  • Heating: Individual, Central, Heat Pump, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Trash Expense: 296.0
  • Annual Water Sewer Expense: 2901.0

Schools

  • Elementary School: Franklin West Elementary
  • High School: Mesa High School
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 138-49-004

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Number Of Units Total: 4
  • Annual Operating Expense: 4397.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Block: 19
  • Tax Book Number: 138.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Nov 17, 2020
Sold by
Llcfh Arizona Iii Llc
Bought by
Hatch Troy
Seller's Agent
Andrew Thruston
P.J. Hussey & Associates, Inc
Buyer's Agent
David Johnson
Dave Johnson Realty
List Price
$500,000
Sold Price
$424,000
Premium/Discount to List
-$76,000
-15.2%
Current Estimated Value
$509,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,370
Avg. Annual Appreciation
3.71%
Original Mortgage
$402,800
Outstanding Balance
$358,435
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$150,935

Purchase Details

Closed on
Oct 2, 2013
Sold by
Carmody Sean
Bought by
Carmody Leie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2013
Sold by
Carmody Leie and Lindman Jacob T
Bought by
Llcfh Arizona Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2013
Sold by
Peralta Venus
Bought by
Lindman Jacob T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2006
Sold by
Lindman Jacob
Bought by
Llcfh Arizona Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2006
Sold by
Carmody Leie
Bought by
Carmody Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2005
Sold by
Espana Management
Bought by
Lindman Jacob

Purchase Details

Closed on
Apr 17, 2003
Sold by
Halls L Clark and Halls Georgia K
Bought by
Espana Management Lp

Purchase Details

Closed on
Aug 14, 1993
Sold by
Oakwood Associates
Bought by
Halls L Clark and Halls Georgia K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hatch Troy $424,000 Empire West Title Agency Llc
Carmody Leie -- First Arizona Title Agency
Llcfh Arizona Iii Llc -- Accommodation
Carmody Leie -- First Arizona Title Agency
Lindman Jacob T -- First Arizona Title Agency
Llcfh Arizona Iii Llc -- None Available
Llcfh Arizona Iii Llc -- None Available
Carmody Sean -- First American Title Ins Co
Lindman Jacob -- First American Title Ins Co
Lindman Jacob $240,000 First American Title Ins Co
Espana Management Lp $190,000 Lawyers Title Insurance Corp
Halls L Clark -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatch Troy $402,800
Previous Owner Carmody Leie $205,000
Previous Owner Lindman Jacob $220,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $424,000 -4.7% $848 / Sq Ft
11/20/2020 11/20/20 Price Changed $445,000 0.0% $890 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/04/2020 09/04/20 Price Changed $445,000 -1.1% $890 / Sq Ft
08/14/2020 08/14/20 Price Changed $450,000 -5.3% $900 / Sq Ft
08/04/2020 08/04/20 Price Changed $475,000 -5.0% $950 / Sq Ft
07/27/2020 07/27/20 For Sale $500,000 0.0% $1,000 / Sq Ft
10/26/2012 10/26/12 Rented $500 0.0% --
10/19/2012 10/19/12 Under Contract -- -- --
05/11/2012 05/11/12 For Rent $500 -- --
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 $1,309 $13,264 -- --
2024 $1,313 $12,632 -- --
2023 $1,313 $39,230 $7,840 $31,390
2022 $1,285 $27,760 $5,550 $22,210
2021 $1,301 $24,150 $4,830 $19,320
2020 $1,284 $22,170 $4,430 $17,740
2019 $1,200 $18,130 $3,620 $14,510
2018 $1,152 $16,900 $3,380 $13,520
2017 $1,117 $15,980 $3,190 $12,790
2016 $1,018 $14,800 $2,960 $11,840
2015 $958 $13,600 $2,720 $10,880
Source: Public Records

Agents Affiliated with this Home

  • Andrew Thruston

    Seller's Agent in 2020

    Andrew Thruston

    P.J. Hussey & Associates, Inc

    (623) 628-5513

    45 Total Sales

    Andrew Thruston
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Ashley Everts

    P.J. Hussey & Associates, Inc

  • D

    Buyer's Agent in 2020

    David Johnson

    Dave Johnson Realty

    (520) 906-8111

    2 in this area

    47 Total Sales

    David Johnson
    Section Image

  • C

    Seller's Agent in 2012

    Cameron Dana

    Dana Realty and Management

  • C

    Seller Co-Listing Agent in 2012

    Chad Dana

    Arizona Preferred Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6108925

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-49-004

Arizona Maricopa County Mesa 85210 Downtown Mesa

15 E 2nd Ave, Mesa, AZ

Not Listed for Sale

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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