NOT LISTED FOR SALE

Estimated Value: $381,453 - $714,000

-- Bed
-- Bath
3,672 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $170,000 $46 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $3,460/month

2 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of October 2014

This beautifully maintained 4-plex in Mesa is second to none. Great location with easy access to freeways and shopping. Perfect for the first time or seasoned investors.

Last Listed By

Brenton Fernandez

Epique Realty License #SA557856000 Listed on: 09/19/2014

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,131

Year Built

  • Built in 1963

Lot Details

  • 9,801

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 4 Units
  • Building Dimensions are 9,792 SF
  • Ko Ko Palms Subdivision

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 137-37-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,131

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: UNIVERSITY & GILBERT
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2013
  • Directions: North on Gilbert, West on University, North on Hill to Crown.
  • Road Surface Type: Asphalt
  • Subdivision Name: Ko Ko Palms
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Exterior Amenities:RVBoat Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Lot Info

  • Lot Size: 9,792 SF
  • Additional Parcels: No
  • Parcel #: 137-37-011

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 1548.0

Tax Info

  • Tax Annual Amount: 1130.82
  • Tax Book Number: 137.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2014
Closed on
Oct 8, 2014
Sold by
Hernandez Olivia and Hernandez Efrain
Bought by
Hernandez Efrain
Seller's Agent
Brenton Fernandez
Epique Realty
Buyer's Agent
Jennifer Utter
HomeSmart
List Price
$190,000
Sold Price
$170,000
Premium/Discount to List
-$20,000
-10.53%
Total Days on Market
2
Current Estimated Value
$595,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,484
Avg. Annual Appreciation
13.29%
Original Mortgage
$230,000
Outstanding Balance
$179,843
Interest Rate
4.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$459,548

Purchase Details

Listed on
Sep 19, 2014
Closed on
Oct 7, 2014
Sold by
Hernandez Efrain
Bought by
Tw2 Properties Llc
Seller's Agent
Brenton Fernandez
Epique Realty
Buyer's Agent
Jennifer Utter
HomeSmart
List Price
$190,000
Sold Price
$170,000
Premium/Discount to List
-$20,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$179,843
Interest Rate
4.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$459,548

Purchase Details

Closed on
Jun 14, 2011
Sold by
Solorio Leticia Gonzalez
Bought by
Hernandez Efrian

Purchase Details

Closed on
Jun 9, 2011
Sold by
Arreola Rosales Pedro
Bought by
Solorio Leticia Gonzalez

Purchase Details

Closed on
Nov 16, 2005
Sold by
Lopez Hernandez Maria Guadalupe
Bought by
Arreola Rosales Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,900
Interest Rate
5.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 25, 2001
Sold by
Hansen Larry and Hansen La Preal
Bought by
Arreola Rosales Pedro and Lopez Hernandez Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,213
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 1999
Sold by
Hansen Albert N and Hansen Christine J
Bought by
Hansen Larry and Hansen La Preal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1996
Sold by
Duncan Peter M
Bought by
Hansen Albert N and Hansen Christine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,100
Interest Rate
7.63%
Mortgage Type
Seller Take Back

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 Buyer Sale Price Title Company
Hernandez Efrain -- Security Title Agency
Tw2 Properties Llc $170,000 Security Title Agency
Hernandez Efrian -- None Available
Solorio Leticia Gonzalez $80,000 Security Title Agency
Arreola Rosales Pedro -- Camelback Title Agency Llc
Arreola Rosales Pedro $169,575 Grand Canyon Title Agency In
Hansen Larry $140,000 Chicago Title Insurance Co
Hansen Albert N $121,850 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tw2 Properties Llc $230,000
Closed Hernandez Efrain $230,000
Closed Tw2 Properties Llc $230,000
Previous Owner Arreola Rosales Pedro $249,900
Previous Owner Arreola Rosales Pedro $167,213
Previous Owner Hansen Larry $126,000
Previous Owner Hansen Albert N $21,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $170,000 -10.5% $46 / Sq Ft
09/21/2014 09/21/14 Pending -- -- --
09/19/2014 09/19/14 For Sale $190,000 -- $52 / 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 $1,710 $17,422 -- --
2024 $1,724 $16,592 -- --
2023 $1,724 $56,660 $11,330 $45,330
2022 $1,688 $42,660 $8,530 $34,130
2021 $1,709 $34,450 $6,890 $27,560
2020 $1,687 $30,550 $6,110 $24,440
2019 $1,576 $20,570 $4,110 $16,460
2018 $1,513 $17,980 $3,590 $14,390
2017 $1,468 $16,700 $3,340 $13,360
2016 $1,440 $15,810 $3,160 $12,650
2015 $1,354 $16,960 $3,390 $13,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5173762

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-37-011