$166,000
SOLD DEC 30, 2015

1532 E Broadway Rd Mesa, AZ 85204

Reed Park Neighborhood
-- Bed
-- Bath
2,766 Sq Ft
0.25 Acres

Recently Sold

$60 Per Sq Ft

17% Below List Price

11 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2022

100% OCCUPIED SOME LONG TERM TENNANTS. TILE FLOORING THROUGHOUT. AC UNITS ABOUT 4-5 YERS OLD. NEW ROOF $18000 ABOUT 9 YEARS AGO. THIS IS A GREAT PRICE FOR A 4-PLEX.Very nice park across the street.

Last Agent to Sell the Property

Thomas Schaub

HomeSmart License #SA646122000 Listed on: 11/05/2015

HomeSmart

Last Buyer's Agent

Aaron Carlson

Weichert, Realtors-Home Pro Realty License #SA646404000

Weichert, Realtors-Home Pro Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $981

Year Built

  • Built in 1962

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

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.

Building Details

  • Gross Income $25,650
  • Net Operating Income $19,996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$981

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: BROADWAY, NEAR STAPLEY
  • Property Type: Multiple Dwellings
  • Zoning: C-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2015
  • Directions: EAST ON BROADWAY ROAD PROPERTY IS ON THE NORTH SIDE.
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved Parking, Add'l Parking Avail, <1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric, Wall/Window Unit(s)
  • Heating: Other, See Remarks, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1300.0
  • Annual Water Sewer Expense: 2350.0

Schools

  • Elementary School: Longview Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Mesa Junior High School

Lot Info

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

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 25650.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 19996.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 981.0
  • 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
11
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
-0.37%

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
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 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
Source: Public Records

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
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: 5359466

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-13-165

Arizona Maricopa County Mesa 85204 Reed Park

1532 E Broadway Rd, Mesa, AZ

This home is located at 1532 E Broadway Rd, Mesa, AZ 85204 and is currently priced at $166,000, approximately $60 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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