NOT LISTED FOR SALE

1546 N 46th St Mesa, AZ 85205

Mesa Area

Estimated Value: $669,000 - $759,562

Studio
-- Baths
-- Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: September 28, 2023

Last sale price $745,000

Est. 4% decrease in value since last sale

Current estimated payment $4,048 / mo

2 Days on Market

Highlights

  • Ceiling Fan
  • Bush Elementary School Rated A-
  • Heat Pump System

About This Home

As of September 2023

This is the Four Plex you have been looking for! Convenient corner lot property that has been well maintained over the years and boasts an extremely low vacancy rate - currently fully rented - no vacancies! Featuring four spacious 840 square foot units with 2BR and 1 BR and their own patio area. Covered parking and individualized storage units are provided for each of the tenants. There is NO HOA! This property also offers a free common Laundry facility for all tenants. Each of the units is equipped with Refrigerator, Dishwasher and Range. Conveniently located to abundant shopping and Public parks.
This property is turn-key and ready for any investor - Don't Wait!

Last Agent to Sell the Property

Glen Forthun

Arizona Premier Realty Homes & Land, LLC License #SA542513000 Listed on: 08/05/2023

Arizona Premier Realty Homes & Land, LLC

Last Buyer's Agent

Colton Aurich

City to City Commercial License #SA681688000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 1981

Lot Details

  • 0.32

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 153
  • Assessor Parcel Number 141-72-057

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Building Dimensions are 100' X 138'

Building Details

  • Operating Expense $10,480
  • Gross Income $58,776
  • Net Operating Income $48,296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$992

Year Built

Built in 1981

Lot Details

0.32 Acres

Listing Details

  • Cross Street: 46th St. and McLellan
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Siding, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit
  • 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

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Heat Pump, Individual
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 2791.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 100' X 138'
  • Additional Parcels: No
  • Parcel #: 141-72-057

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 872.65
  • Annual Gross Income: 58776.48
  • Insurance Expense: 1729.21
  • Maintenance Expense: 1695.3
  • Property Net Operating Income: 48296.24
  • Annual Operating Expense: 10480.24
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 992.08
  • Tax Book Number: 141.00
  • Tax Lot: 153

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Sep 28, 2023
Sold by
Franco Family Revocable Trust
Bought by
Seller's Agent
Glen Forthun
Arizona Premier Realty Homes & Land, LLC
Buyer's Agent
Colton Aurich
City to City Commercial
List Price
$745,000
Sold Price
$745,000
Views
6
Current Estimated Value
$714,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,359
Avg. Annual Appreciation
-1.42%
Original Mortgage
$558,750
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2006
Sold by
Franco Ulises
Bought by
Franco Ulises and The Franco Family Revocable Trust

Purchase Details

Closed on
Nov 15, 2005
Sold by
Campbell Don J and Campbell Teresa Ann
Bought by
Franco Ulises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,900
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$745,000 Grand Canyon Title
Franco Ulises -- Security Title Agency Inc
Franco Ulises $377,000 Security Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $552,000
Closed Jinka Nivas $558,750
Previous Owner Franco Ulises $263,900
Previous Owner Campbell Donald A $50,000
Previous Owner Campbell Teresa Ann $120,691
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $745,000 0.0% --
08/29/2023 08/29/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $745,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,488 $15,085
2024 $1,016 $14,367
2023 $1,016 $55,280 $11,050 $44,230
2022 $992 $41,700 $8,340 $33,360
2021 $989 $40,420 $8,080 $32,340
2020 $1,461 $30,500 $6,100 $24,400
2019 $1,365 $24,160 $4,830 $19,330
2018 $1,310 $20,110 $4,020 $16,090
2017 $1,271 $17,220 $3,440 $13,780
2016 $1,247 $18,100 $3,620 $14,480
2015 $1,172 $16,650 $3,330 $13,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6597532

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-72-057

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