NOT LISTED FOR SALE

1532 E Broadway Rd Mesa, AZ 85204

Reed Park Neighborhood

Estimated Value: $603,000 - $740,000

6 Beds
-- Bath
2,766 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $663,000 $240 Per Sq Ft

Current estimated payment $3,814/month

5 Days on Market

Highlights

  • Central Heating and Cooling System
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of October 2022

This fully renovated 4 plex consists of three large 2 bed/1 bath and one studio unit. Recent renovations include all new windows/ new kitchen cabinets/ new showers/ new tile floor throughout.

Last Listed By

Ashley Ramirez

Go Win Property Management License #SA704879000 Listed on: 09/14/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 1962

Lot Details

  • 0.25

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Heating and Cooling System
  • Heating unit installed on the ceiling

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 154
  • Assessor Parcel Number 138-13-165

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10,880 SQ FT

Building Details

  • Operating Expense $1,222
  • Gross Income $52,440
  • Net Operating Income $52,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,222

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Broadway & Stapley
  • Property Type: Multiple Dwellings
  • Zoning: C-3
  • Number Of Buildings: 1
  • Year Built: 1962
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 10,880 SQ FT
  • Additional Parcels: No
  • Parcel #: 138-13-165

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 52440.0
  • Property Net Operating Income: 52440.0
  • Annual Operating Expense: 1222.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1222.0
  • Tax Book Number: 138.00
  • Tax Lot: 154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Sep 27, 2022
Sold by
Aguayo David
Bought by
Aguayo David and Valle Rosa M
Seller's Agent
Ashley Ramirez
Go Win Property Management
Buyer's Agent
Michael Morrow
HomeSmart
List Price
$699,000
Sold Price
$663,000
Premium/Discount to List
-$36,000
-5.15%
Total Days on Market
5
Views
6
Current Estimated Value
$663,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21
Avg. Annual Appreciation
0.00%

Purchase Details

Listed on
May 25, 2021
Closed on
Oct 22, 2021
Sold by
Steckel James P and Steckel Maricela L
Bought by
Km Lizard Properties Llc
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Kevin McGowin
Go Win Property Management
List Price
$560,000
Sold Price
$485,000
Premium/Discount to List
-$75,000
-13.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.03%
Original Mortgage
$382,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 5, 2015
Closed on
Dec 16, 2015
Sold by
Sherwood Paula J
Bought by
Steckel James P and Steckel Maricela L
Seller's Agent
Thomas Schaub
HomeSmart
Buyer's Agent
Aaron Carlson
Weichert, Realtors-Home Pro Realty
List Price
$199,900
Sold Price
$166,000
Premium/Discount to List
-$33,900
-16.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.15%
Original Mortgage
$124,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2002
Sold by
Sherwood Terrence Lee
Bought by
Sherwood Terrence Lee and Sherwood Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
6.06%

Purchase Details

Closed on
Aug 14, 1996
Sold by
Sherwood Paula J
Bought by
Sherwood Terrence Lee

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
Aguayo David -- Security Title
Km Lizard Properties Llc $485,000 Equity Title Agency Inc
Steckel James P $166,000 Old Republic Title Agency
Sherwood Terrence Lee -- Old Republic Title Agency
Sherwood Terrence Lee -- First American Title
Sherwood Terrence Lee -- First American Title
Weintraub Michelle -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Km Lizard Properties Llc $469,000
Previous Owner Km Lizard Properties Llc $382,000
Previous Owner Steckel James P $124,500
Previous Owner Sherwood Paula J $110,800
Previous Owner Sherwood Terrence Lee $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $663,000 -5.2% $240 / Sq Ft
09/14/2022 09/14/22 For Sale $699,000 +44.1% $253 / Sq Ft
10/29/2021 10/29/21 Sold $485,000 -6.6% $175 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
08/09/2021 08/09/21 Price Changed $519,000 -5.3% $188 / Sq Ft
07/01/2021 07/01/21 Price Changed $548,000 -2.1% $198 / Sq Ft
05/29/2021 05/29/21 For Sale $560,000 0.0% $202 / Sq Ft
05/24/2021 05/24/21 For Sale $560,000 +237.3% $202 / Sq Ft
12/30/2015 12/30/15 Sold $166,000 -17.0% $60 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
11/05/2015 11/05/15 For Sale $199,900 -- $72 / 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 $1,239 $12,627 -- --
2024 $1,250 $12,025 -- --
2023 $1,250 $45,750 $9,150 $36,600
2022 $1,224 $34,650 $6,930 $27,720
2021 $1,239 $28,300 $5,660 $22,640
2020 $1,222 $24,980 $4,990 $19,990
2019 $1,142 $20,430 $4,080 $16,350
2018 $1,096 $17,930 $3,580 $14,350
2017 $1,064 $15,270 $3,050 $12,220
2016 $1,044 $14,500 $2,900 $11,600
2015 $981 $13,120 $2,620 $10,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Ashley Ramirez

    Go Win Property Management

    (818) 967-1919

    1 in this area

    2 Total Sales

    Ashley Ramirez
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Morrow

    HomeSmart

    (602) 214-5323

    1 in this area

    23 Total Sales

    Michael Morrow
    Section Image

  • J

    Seller's Agent in 2021

    James Stephens

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 672-3526

    1 in this area

    52 Total Sales

    James Stephens
    Section Image

  • K

    Buyer's Agent in 2021

    Kevin McGowin

    Go Win Property Management

    (480) 496-9001

    3 in this area

    50 Total Sales

    Kevin McGowin
    Section Image

  • T

    Seller's Agent in 2015

    Thomas Schaub

    HomeSmart

    (480) 721-6445

    Section Image
  • Aaron Carlson

    Buyer's Agent in 2015

    Aaron Carlson

    Weichert, Realtors-Home Pro Realty

    (602) 284-6086

    56 Total Sales

    Aaron Carlson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6463394

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-13-165

Arizona Maricopa County Mesa 85204 Reed Park

1532 E Broadway Rd, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 1532 E Broadway Rd, Mesa, AZ 85204 since 14 September 2022 and is currently estimated at $663,021, approximately $239 per square foot. This property was built in 1962. 1532 E Broadway Rd is a home located in Maricopa County with nearby schools including Longfellow Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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