NOT LISTED FOR SALE

1622 E Crown Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $750,000 - $960,000

8 Beds
4 Baths
950 Sq Ft
$867/Sq Ft Est. Value

Sale Details

Date Sold: April 5, 2012

Last sale price $144,000 $152 Per Sq Ft

Est. 478% increase in value since last sale

Current estimated payment $4,642 / mo

18 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Painted or Stained Flooring

About This Home

As of April 2012

OUTSTANDING Opportunity! EAST VALLEY 4plex situated on a large lot. Four 2 bedroom/1 bath units, spacious 950 SQFT per unit w/ Large bedrooms/baths/kitchen. All units updated in 2010 with new carpet, paint, tile. Block Construction! Units are individually metered. Each Unit has Interior laundry hook-up, storage closet, and covered parking spot. See private remarks. Do not Disturb Tenants. FULLY Occupied (as of 3-5-12)

Last Agent to Sell the Property

Francisco Vallecillos

Barrett Real Estate License #SA523018000 Listed on: 02/20/2012

Barrett Real Estate

Last Buyer's Agent

Arthur Hall

Amaryllis Realty, LLC License #BR535050000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 8,668

Home Design

  • Composition Shingle Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Ceramic Tile

Parking

  • Paved Parking
  • Additional Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, trash collection, water

Community Details

Overview

  • $1,545 per year Dock Fee
  • 4 Units
  • Building Dimensions are 8677

Building Details

  • Insurance Expense $600

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

8,668 Sq Ft Lot

Listing Details

  • Tax Municipality: Mesa
  • Appliances Included: Disposal, F/S Oven/Range, Refrigerator
  • Construction Finish: Painted
  • Cross Street: Gilbert & University
  • Floors: Carpet, Ceramic Tile
  • Legal Info Lot Number: 10
  • Roads Streets: Asphalt
  • Property Type: F
  • Hndrd Blk Directionl: E
  • Hundred Block: 1800
  • Legal Description Abbrev: Ko Ko Palms
  • Marketing Name: East Valley 4plex!
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 2.00
  • Map Code Grid: Q39
  • Year Built: 1963
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Amenities: Cable TV Available, Green Landscaping, Landscape Wtr System, Patio/Balcony, Separate Storage
  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: Add'l Parking Avail, Carport, Paved Parking, Street Parking
  • Total Parking Spaces: 6.00
  • Covered Parking Spaces: 4.00

Utilities

  • Water: City Franchise
  • Electric: SRP
  • Cooling: Ceiling Fan(s), Heat Pump, Individual
  • Heating: Heat Pump, Individual

Condo/Co-op/Association

  • Community Amenities: No Pool

Lot Info

  • Lot Size: 8677

Multi Family

  • Income And Expenses Adjusted Gross Inc: 22680.00
  • Income And Expenses Annual Ins Exp: 600.00
  • Income And Expenses Annual Landscape Exp: 360.00
  • Income And Expenses Annual Legal And Acctg: 250.00
  • Income And Expenses Annual Maint Exp: 1200.00
  • Income And Expenses Annual Water Sewer Exp: 2450.00
  • Income And Expenses Gross Annual Sch Inc: 25200.00
  • Income And Expenses Net Operating Income: 16275.00
  • Income And Expenses Operating Exp: 6405.00
  • Income And Expenses Vacancy Allowance: 0.10
  • Number Of Two Bedroom Units: 4
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric
  • Total Numberof Buildings: 1
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 550.00
  • Two Bedroom Units Avg Sq Ft: 950
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1545.00

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

Closed on
Jun 7, 2018
Sold by
Bought by
Current Estimated Value
$832,667

Purchase Details

Listed on
Feb 20, 2012
Closed on
Apr 4, 2012
Sold by
Bought by
Seller's Agent
Francisco Vallecillos
Barrett Real Estate
Buyer's Agent
Arthur Hall
Amaryllis Realty, LLC
List Price
$154,900
Sold Price
$144,000
Premium/Discount to List
-$10,900
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%
Original Mortgage
$108,000
Interest Rate
0.0384%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2012
Closed on
Apr 3, 2012
Sold by
Bought by
Seller's Agent
Francisco Vallecillos
Barrett Real Estate
Buyer's Agent
Arthur Hall
Amaryllis Realty, LLC
List Price
$154,900
Sold Price
$144,000
Premium/Discount to List
-$10,900
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
0.0384%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2009
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
$75,000
Interest Rate
0.0492%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2009
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
$75,000
Interest Rate
0.0492%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2009
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
$75,000
Interest Rate
0.0492%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2008
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
$76,000
Interest Rate
0.0541%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2008
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
$76,000
Interest Rate
0.0541%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 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
$1,600,000
Interest Rate
0.0626%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2006
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
$403,597
Interest Rate
0.0676%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 30, 2005
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
$318,750
Interest Rate
0.0725%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
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
$318,750
Interest Rate
0.0725%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$1,475,000 Security Title Agency Inc
$144,000 Accommodation
-- Accommodation
$100,000 Chicago Title
-- Chicago Title
$95,000 Great American Title Agency
-- None Available
-- Capital Title Agency Inc
$370,000 Capital Title Agency Inc
$225,000 Capital Title Agency Inc
$225,000 Capital Title Agency Icn
$327,250 None Available
$403,597 Tsa Title Agency
$390,000 Capital Title Agency Inc
$425,000 Capital 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
Closed $108,000
Closed $75,000
Closed $76,000
Closed $220,000
Closed $1,600,000
Closed $403,597
Closed $318,750
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
04/05/2012 04/05/12 Sold $144,000 -7.0% $152 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $154,900 -- $163 / 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 $1,737 $17,610 -- --
2024 $1,743 $16,771 -- --
2023 $1,743 $57,520 $11,500 $46,020
2022 $1,707 $43,300 $8,660 $34,640
2021 $1,727 $34,780 $6,950 $27,830
2020 $1,705 $30,870 $6,170 $24,700
2019 $1,593 $20,920 $4,180 $16,740
2018 $1,529 $18,310 $3,660 $14,650
2017 $1,483 $17,010 $3,400 $13,610
2016 $1,456 $16,030 $3,200 $12,830
2015 $1,368 $17,270 $3,450 $13,820
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2012

    Francisco Vallecillos

    Barrett Real Estate

    (602) 291-9383

    18 Total Sales

    Francisco Vallecillos
    Section Image

  • A

    Buyer's Agent in 2012

    Arthur Hall

    Amaryllis Realty, LLC

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4719215

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-37-010A

Arizona Maricopa County Mesa 85203 Mesa Patios

1622 E Crown, Mesa, AZ

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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