1532 E Broadway Rd Mesa, AZ 85204
Reed Park NeighborhoodHighlights
- Cooling System Mounted To A Wall/Window
- Franklin at Brimhall Elementary School Rated A
- Central Heating and Cooling System
About This Home
As of October 2022Sold for $485,000 with a $15,000 credit to buyer at closing. Cash/hard $ buyer. Value-add. Unit mix consists of three large 2 bedroom/1 bath units (800 SF-$800 Rent +/-), along with a big Studio/1 bath unit (400 SF-$400 Rent +/-). Tenant paid electric with separate HVAC units in good condition (all 2 bedroom units). Studio unit has wall heating/cooling. All tenant leases either month-to-month or coming up for renewal by the fall. Rents are well-below market. Tile everywhere, w/d hookups. Carport. Close to Main St/LRT. Showings in escrow only. Buyer to complete and rely on own due diligence. OM & RR available upon request.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #BR650365000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,222
Year Built
- Built in 1962
Home Design
- Composition Roof
- Block Exterior
Parking
- 2 Open Parking Spaces
- 5 Parking Spaces
- 3 Covered Spaces
- Common or Shared Parking
- Paved Parking
Schools
- Longview Elementary School
- Mesa Junior High School
- Mesa High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 154
- Assessor Parcel Number 138-13-165
Community Details
Overview
- 4 Units
- Building Dimensions are 10,880 SQ. FT.
- Mesa Homes 2 Replatted Subdivision
Building Details
- Operating Expense $1,222
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Security Title | |
| Warranty Deed | $485,000 | Equity Title Agency Inc | |
| Warranty Deed | $166,000 | Old Republic Title Agency | |
| Interfamily Deed Transfer | -- | Old Republic Title Agency | |
| Interfamily Deed Transfer | -- | First American Title | |
| Warranty Deed | -- | First American Title | |
| Warranty Deed | -- | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $469,000 | New Conventional | |
| Previous Owner | $382,000 | Commercial | |
| Previous Owner | $124,500 | New Conventional | |
| Previous Owner | $110,800 | New Conventional | |
| Previous Owner | $129,500 | No Value Available |
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 |
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: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6240730
APN: 138-13-165
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.
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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