Seller's Agent in 2025
Amanda Lynch
West USA Realty
(480) 319-5232
1 in this area
12 Total Sales
161 E 2nd Ave Mesa, AZ 85210
Downtown Mesa NeighborhoodEstimated Value: $592,000 - $631,000
Studio
--
Bath
2,602
Sq Ft
$236/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- Franklin at Brimhall Elementary School Rated A
About This Home
As of October 2025This well-maintained 4-unit property offers an excellent income-producing opportunity in a desirable location. The building received a new roof and fresh exterior paint in 2020, adding long-term value and curb appeal. Unit 2 was upgraded with a brand-new AC system in 2025, and Unit 3 features a partial kitchen and bathroom renovation. All units are currently tenant-occupied, providing immediate rental income. Additional conveniences include two sets of newer front-loading washer and dryer units. Each apartment is thoughtfully designed for comfort and functionality.
Last Agent to Sell the Property
West USA Realty License #SA637196000 Listed on: 09/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,520
Year Built
- Built in 1958
Home Design
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Concrete
- Ceramic Tile
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Over 1 Space Per Unit
Schools
- Lowell Elementary School
- Kino Junior High School
- Mesa High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for water, sewer
- Tax Lot 6
- Assessor Parcel Number 138-48-021
Community Details
Overview
- 4 Units
- Building Dimensions are 12000
- Mesa Arizona Subdivision
Building Details
- Operating Expense $8,727
- Gross Income $44,034
- Net Operating Income $37,900
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
Sep 11, 2025
Closed on
Oct 10, 2025
Sold by
Bought by
Seller's Agent
Amanda Lynch
West USA Realty
Buyer's Agent
Domenic Paluscio
eXp Realty
List Price
$649,000
Sold Price
$624,575
Premium/Discount to List
-$24,425
-3.76%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,575
Avg. Annual Appreciation
-2.14%
Original Mortgage
$424,600
Interest Rate
0.065%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 8, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
0.0392%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 11, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
0.0392%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
0.0631%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2006
Sold by
Bought by
Purchase Details
Closed on
Sep 16, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
0.06%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 26, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
0.065%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 8, 1999
Sold by
Bought by
Purchase Details
Closed on
Jan 24, 1997
Sold by
Bought by
Purchase Details
Closed on
Jul 16, 1995
Sold by
Bought by
Purchase Details
Closed on
Aug 27, 1973
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $630,000 | First American Title Insurance | ||
| -- | None Available | ||
| $190,000 | Equity Title Agency Inc | ||
| -- | Ticor Title Agency Of Az Inc | ||
| -- | None Available | ||
| $196,000 | Fidelity National Title | ||
| $155,000 | Lawyers Title Of Arizona Inc | ||
| $140,000 | Chicago Title Insurance Co | ||
| $101,945 | First American Title | ||
| $100,000 | First American Title | ||
| -- | Stewart Title & Trust |
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 | $424,600 | ||
| Closed | $142,500 | ||
| Previous Owner | $158,690 | ||
| Previous Owner | $170,000 | ||
| Previous Owner | $156,800 | ||
| Previous Owner | $124,000 |
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 |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | Sold | $624,575 | -3.8% | $240 / Sq Ft |
| 10/15/2025 10/15/25 | Price Changed | $649,000 | 0.0% | $249 / Sq Ft |
| 10/15/2025 10/15/25 | For Sale | $649,000 | 0.0% | $249 / Sq Ft |
| 09/11/2025 09/11/25 | For Sale | $649,000 | -- | $249 / Sq Ft |
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 | $1,528 | $15,484 | ||
| 2024 | $1,532 | $14,747 | ||
| 2023 | $1,532 | $46,450 | $9,290 | $37,160 |
| 2022 | $1,501 | $31,560 | $6,310 | $25,250 |
| 2021 | $1,519 | $25,950 | $5,190 | $20,760 |
| 2020 | $1,499 | $23,380 | $4,670 | $18,710 |
| 2019 | $1,401 | $19,920 | $3,980 | $15,940 |
| 2018 | $1,344 | $18,670 | $3,730 | $14,940 |
| 2017 | $1,304 | $17,530 | $3,500 | $14,030 |
| 2016 | $1,280 | $15,830 | $3,160 | $12,670 |
| 2015 | $1,203 | $15,070 | $3,010 | $12,060 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Lynch
-
Cynthia Urtuzuastegui
C
Seller Co-Listing Agent in 2025
Cynthia Urtuzuastegui
West USA Realty
(602) 942-4200
1 in this area
13 Total Sales
-
Domenic Paluscio
Buyer's Agent in 2025
Domenic Paluscio
eXp Realty
(602) 695-9662
1 in this area
3 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6918265
APN: 138-48-021
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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