NOT LISTED FOR SALE

Estimated Value: $363,817 - $447,000

4 Beds
2 Baths
720 Sq Ft
$579/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $74,000 $103 Per Sq Ft

Est. 463% increase in value since last sale

Current estimated payment $2,316/month

2 Days on Market

Highlights

  • Painted or Stained Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of March 2012

Cash Cow! Duplex. Fresh Remodel. New Roof, New Electrical. New Block walls, New paint.Repairs where made by the insurance company because of a small fire.Rents are 585.00 each unit and it is Professionally Managed. This is a turn key investment.Easy for a out of state owner.Do not desturb tenants. Inspection and walk threw upon accepted offer.

Last Agent to Sell the Property

Daniel Smith

RealtyONEGroup Mountain Desert License #SA634332000 Listed on: 02/14/2012

RealtyONEGroup Mountain Desert

Last Buyer's Agent

Corey Poore

RE/MAX Alliance Group License #BR116985000

RE/MAX Alliance Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $573

Year Built

  • Built in 1970

Lot Details

  • 7,144

Home Design

  • Composition Shingle Roof

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Ceramic Tile

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, trash collection, water

Community Details

Overview

  • $520 per year Dock Fee
  • 2 Units

Building Details

  • Insurance Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$573

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Tax Municipality: Mesa
  • Appliances Included: F/S Oven/Range, Refrigerator
  • Construction Finish: Painted
  • Cross Street: country club and southern
  • Floors: Ceramic Tile
  • Legal Info Lot Number: 38
  • Legal Info Range: 5E
  • Legal Info Section: 27
  • Legal Info Township: 1N
  • Roads Streets: Alley, Asphalt
  • Property Type: F
  • Legal Description Abbrev: BEALL PARK 2
  • Marketing Name: unknown
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 2.00
  • Map Code Grid: R39
  • Year Built: 1970
  • Tax Year: 2011
  • Directions: Go east on Southern duplex is on the Left
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished

Exterior Features

  • Exterior Amenities: Fenced
  • Roofing: Comp Shingle
  • Construction: Slump Block

Garage/Parking

  • Parking: Carport
  • Total Parking Spaces: 4.00
  • Covered Parking Spaces: 2.00

Utilities

  • Water: City Franchise
  • Electric: SRP
  • Gas: City Gas
  • Cooling: Central A/C
  • Heating: Electric, Natural Gas

Condo/Co-op/Association

  • Community Amenities: No Pool

Multi Family

  • Income And Expenses Adjusted Gross Inc: 13300.00
  • Income And Expenses Annual Ins Exp: 600.00
  • Income And Expenses Annual Legal And Acctg: 150.00
  • Income And Expenses Annual Maint Exp: 500.00
  • Income And Expenses Annual Trash Exp: 300.00
  • Income And Expenses Annual Water Sewer Exp: 900.00
  • Income And Expenses Gross Annual Sch Inc: 14000.00
  • Income And Expenses Net Operating Income: 11750.00
  • Income And Expenses Operating Exp: 2970.00
  • Income And Expenses Totl Mnth Rntal Inc: 1170.00
  • Income And Expenses Vacancy Allowance: 0.05
  • Number Of Two Bedroom Units: 2
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas
  • Total Numberof Buildings: 1
  • Total Numberof Units: 2.00
  • Two Bedroom Units Avg Rent: 585.00
  • Two Bedroom Units Avg Sq Ft: 720
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 520.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2012
Closed on
Mar 28, 2012
Sold by
Carefree Desert Properties Llc
Bought by
Vannguyen Trong and Vo Hang To
Seller's Agent
Daniel Smith
RealtyONEGroup Mountain Desert
Buyer's Agent
Corey Poore
RE/MAX Alliance Group
List Price
$74,900
Sold Price
$74,000
Premium/Discount to List
-$900
-1.2%
Current Estimated Value
$416,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,954
Avg. Annual Appreciation
14.00%

Purchase Details

Closed on
Oct 19, 2011
Sold by
Gonzalez Fidel F and Palacio Gina A
Bought by
Carefree Desert Properties Llc

Purchase Details

Closed on
Aug 16, 2005
Sold by
Vasquez Maria Edelmira
Bought by
Gonzalez Fidel F and Palacio Gina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 3, 2001
Sold by
Vasquez Andre Gomes
Bought by
Vasquez Maria Edelmira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.67%

Purchase Details

Closed on
May 5, 1998
Sold by
Dixon Marvin W and Dixon Constance A
Bought by
Vasquez Andre Gomes and Vasquez Maria Edelmira

Purchase Details

Closed on
May 4, 1998
Sold by
Dixon Connie Alice Albright
Bought by
Dixon Marvin Wayne and Dixon Constance Alice
Source: Public Records

Range of Values:

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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
Vannguyen Trong $74,000 American Title Service Agenc
Carefree Desert Properties Llc $47,100 None Available
Gonzalez Fidel F $200,000 Transnation Title
Vasquez Maria Edelmira -- Fidelity National Title
Vasquez Andre Gomes -- Stewart Title & Trust
Dixon Marvin Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Fidel F $159,900
Previous Owner Gonzalez Fidel F $10,100
Previous Owner Gonzalez Fidel F $159,900
Previous Owner Vasquez Maria Edelmira $84,000
Closed Vasquez Andre Gomes --
Closed Vasquez Maria Edelmira $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $74,000 -1.2% $103 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $74,900 -- $104 / 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 $573 $6,330 -- --
2024 $579 $6,029 -- --
2023 $579 $27,100 $5,420 $21,680
2022 $567 $16,870 $3,370 $13,500
2021 $578 $15,220 $3,040 $12,180
2020 $570 $13,810 $2,760 $11,050
2019 $530 $10,910 $2,180 $8,730
2018 $508 $9,860 $1,970 $7,890
2017 $492 $8,470 $1,690 $6,780
2016 $483 $7,630 $1,520 $6,110
2015 $455 $6,860 $1,370 $5,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4715936

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-45-063A