NOT LISTED FOR SALE

Estimated Value: $416,000 - $467,000

Studio
2 Baths
1,728 Sq Ft
$254/Sq Ft Est. Value

Sale Details

Date Sold: October 6, 2022

Last sale price $440,000 $255 Per Sq Ft

Current estimated payment $2,388 / mo

43 Days on Market

Highlights

  • Multiple cooling system units
  • Concrete Flooring
  • Multiple Heating Units
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2022

Very well taken care of owner occupied Duplex remodeled 2015. Building features large tile flooring throughout, Block construction, newer roof, separate A/C's for each unit, large carport/ front patio, newer electrical panel & exterior paint. Laundry is shared between both units, storage sheds & gravel landscaping. Excellent location right in the heart of downtown historic Mesa makes everything around the corner. Walking distance to light rail station, downtown restaurants/ businesses & many more.

Last Agent to Sell the Property

Victor Villegas

American Allstar Realty License #SA668393000 Listed on: 07/19/2022

Last Buyer's Agent

Randy Clark

Realty ONE Group License #SA685846000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $815

Year Built

  • Built in 1961

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • Paved Parking

Schools

  • Lowell Elementary School
  • Kino Junior High School
  • Mesa High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • The owner pays for gas, trash collection, water, sewer, landscaping
  • Legal Lot and Block 16 / 16
  • Assessor Parcel Number 138-46-016

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6500 sqft
  • Mesa Arizona Subdivision

Building Details

  • Operating Expense $4,415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$815

Year Built

Built in 1961

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Mesa Drive and Broadway
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: [DR-2]
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2021
  • Subdivision Name: MESA ARIZONA
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Free-Standing Range, Dishwasher, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central Air, 2 or More Units
  • Heating: 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Fuel Expense: 300.0
  • Trash Expense: 300.0
  • Annual Water Sewer Expense: 3000.0

Schools

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

Lot Info

  • Lot Size: 6500 sqft
  • Additional Parcels: No
  • Parcel #: 138-46-016

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Annual Operating Expense: 4415.0

Tax Info

  • Tax Annual Amount: 815.0
  • Tax Block: 16
  • Tax Book Number: 138.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Oct 7, 2022
Sold by
Ham Leola Virginia
Bought by
Michalowicz-Macon John Alex
Seller's Agent
Victor Villegas
American Allstar Realty
Buyer's Agent
Randy Clark
Realty ONE Group
List Price
$499,999
Sold Price
$440,000
Premium/Discount to List
-$59,999
-12%
Views
4
Current Estimated Value
$439,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$472
Avg. Annual Appreciation
-0.03%
Original Mortgage
$434,990
Outstanding Balance
$417,115
Interest Rate
5.55%
Mortgage Type
FHA
Estimated Equity
$22,413

Purchase Details

Closed on
Apr 13, 2017
Sold by
Ham Pamela Diane and Gah Family Trust
Bought by
Ham Leola Virginia

Purchase Details

Closed on
Jan 21, 2016
Sold by
Lewis Jerald Hugh
Bought by
Ham Pamela Diane and The Gah Family Trust

Purchase Details

Listed on
Jul 16, 2015
Closed on
Sep 10, 2015
Sold by
160 S Hibbert Llc
Bought by
Ham Gene Arling
Seller's Agent
Jan Montgomery
Canyon Shadows Realty
Buyer's Agent
Bob Wright
LRA Real Estate Group, LLC
List Price
$179,000
Sold Price
$162,000
Premium/Discount to List
-$17,000
-9.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%

Purchase Details

Closed on
Mar 20, 2015
Sold by
Montgomery Revocable Trust
Bought by
160 S Hibbert Llc

Purchase Details

Closed on
Sep 2, 2010
Sold by
Montgomery George B and Montgomery Janette S
Bought by
Montgomery George B and Montgomery Janette S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 1996
Sold by
Montgomery Fredric J
Bought by
Montgomery Dana L
Source: Public Records
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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
Michalowicz-Macon John Alex $445,000 Chicago Title
Ham Leola Virginia -- None Available
Ham Pamela Diane -- None Available
Ham Gene Arling $160,000 Lawyers Title Agency Inc
160 S Hibbert Llc -- None Available
Montgomery Revocable Trust -- None Available
Montgomery George B -- None Available
Montgomery George B -- First American Title Ins Co
Montgomery Dana L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michalowicz-Macon John Alex $434,990
Previous Owner Montgomery George B $74,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2022 10/06/22 Sold $440,000 -8.3% $255 / Sq Ft
08/17/2022 08/17/22 Price Changed $479,999 -4.0% $278 / Sq Ft
07/14/2022 07/14/22 For Sale $499,999 +208.6% $289 / Sq Ft
09/21/2015 09/21/15 Sold $162,000 -9.5% $94 / Sq Ft View Prior Sale
09/04/2015 09/04/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $179,000 -- $104 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $690 $8,312 -- --
2024 $698 $7,916 -- --
2023 $698 $27,500 $5,500 $22,000
2022 $806 $20,710 $4,140 $16,570
2021 $815 $18,110 $3,620 $14,490
2020 $805 $17,160 $3,430 $13,730
2019 $1,112 $16,460 $3,290 $13,170
2018 $1,082 $15,370 $3,070 $12,300
2017 $1,060 $12,930 $2,580 $10,350
2016 $1,047 $11,730 $2,340 $9,390
2015 $995 $8,510 $1,700 $6,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6434008

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-46-016

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