NOT LISTED FOR SALE

150 S Sirrine Mesa, AZ 85210

Downtown Mesa Neighborhood

Estimated Value: $282,000 - $397,000

2 Beds
2 Baths
500 Sq Ft
$680/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $370,000 $740 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,856/month

25 Days on Market

Highlights

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

About This Home

As of April 2023

Downtown Mesa is a vibrant and historic district located in Mesa, Arizona. Known for its unique blend of old-world charm and contemporary energy, this neighborhood offers a diverse range of attractions, entertainment, dining, and cultural experiences.

This apartment is a 5 min-walk to downtown Mesa (Main street). Ideal as a home for single individuals or couples.

Close proximity to Downtown Mesa, Planet Fitness, Costco, Sams club, Frys, Safeway, Home Depot, Walmart, Starbucks and a park to mention a few.

- Fully furnished available.
- Pets welcomed at owners discretion.
- NO SMOKING.
- No laundry in the property, Coin laundromat located 2min away.

Don't miss out on this amazing opportunity so contact us today. Thank you!

Last Agent to Sell the Property

Raul Palacio

1st Dream Realty License #SA536559000 Listed on: 02/13/2023

Last Buyer's Agent

Raul Palacio

1st Dream Realty License #SA536559000 Listed on: 02/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $771

Year Built

  • Built in 1985

Lot Details

  • 6,752

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer
  • Legal Lot and Block 8 / 15
  • Assessor Parcel Number 138-45-037-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 0
  • Mesa Arizona Subdivision

Building Details

  • Operating Expense $1,757
  • Gross Income $20,952
  • Net Operating Income $19,195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$771

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: main and mesa
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: MESA ARIZONA
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 138-45-037-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 20952.0
  • Insurance Expense: 486.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 19195.0
  • Annual Operating Expense: 1757.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 771.0
  • Tax Block: 15
  • Tax Book Number: 138.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Apr 24, 2023
Sold by
Palacio Juan Raul
Bought by
Desai Suchi
Seller's Agent
Raul Palacio
1st Dream Realty
Buyer's Agent
Raul Palacio
1st Dream Realty
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Views
142
Current Estimated Value
$340,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,795
Avg. Annual Appreciation
-3.18%
Original Mortgage
$314,500
Outstanding Balance
$305,965
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$34,240

Purchase Details

Closed on
Jun 5, 2003
Sold by
Stenberg Mirvin D
Bought by
Palacio Raul and Palacio Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2001
Sold by
Gomez Manuel F
Bought by
Stenberg Mirvin D

Purchase Details

Closed on
Jan 26, 1996
Sold by
Stenberg Mirvin D
Bought by
Gomez Manuel F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Desai Suchi $370,000 First American Title Insurance
Palacio Raul $98,000 Transnation Title Insurance
Stenberg Mirvin D -- Chicago Title Insurance Co
Gomez Manuel F $35,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Suchi $314,500
Previous Owner Palacio Raul $88,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Off Market $1,200 -- --
09/02/2024 09/02/24 For Rent $1,200 0.0% --
04/21/2023 04/21/23 Sold $370,000 -1.3% $740 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $375,000 -- $750 / 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 $785 $7,958 -- --
2024 $788 $7,579 -- --
2023 $788 $21,570 $4,310 $17,260
2022 $771 $14,650 $2,930 $11,720
2021 $781 $12,430 $2,480 $9,950
2020 $771 $11,650 $2,330 $9,320
2019 $720 $9,950 $1,990 $7,960
2018 $691 $8,580 $1,710 $6,870
2017 $670 $8,680 $1,730 $6,950
2016 $658 $7,660 $1,530 $6,130
2015 $618 $7,200 $1,440 $5,760
Source: Public Records

Agents Affiliated with this Home

  • Raul Palacio

    Seller's Agent in 2023

    Raul Palacio

    1st Dream Realty

    (480) 251-6873

    1 in this area

    34 Total Sales

    Raul Palacio
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6520024

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-45-037A

Arizona Maricopa County Mesa 85210 Downtown Mesa

150 S Sirrine, 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

Nearby Homes