Seller's Agent in 2015
Steve and Sarah Lugo
Realty One Group
(480) 321-7495
18 Total Sales
1710 E 5th Ave Mesa, AZ 85204
Reed Park NeighborhoodEstimated Value: $609,217 - $733,000
--
Bed
--
Bath
2,880
Sq Ft
$228/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Central Air
- 3-minute walk to Reed Park
- Franklin at Brimhall Elementary School Rated A
- Individual Controls for Heating
About This Home
As of August 2015Back on market 8/13/2015- buyer did not qualify- Fully occupied, income-producing, well-maintained fourplex in a great Mesa location with strong rental demand. All two bedroom, one bath units with washer/dryer in each unit, and off-street parking. Located a short walk away from the elementary school, close to Mesa High, and across the street from Reed Park, a multi-use public park with walking paths, playgrounds, basketball courts, grass fields, and a skate park. Building painted 3 years ago. Every unit has been cleaned and upgraded with new tile and carpet. Two of the four HVAC units were replaced in the last 3 years. Property brings in over $2,000 in gross monthly rent makes a great investment at an affordable price.
Last Agent to Sell the Property
Realty ONE Group License #SA635484000 Listed on: 05/11/2015
Last Buyer's Agent
Flavio Villa
Valley Executives Real Estate License #SA637620000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,034
Year Built
- Built in 1985
Lot Details
- 7,405
Home Design
- Wood Frame Construction
- Composition Roof
- Siding
- Stucco
Flooring
- Carpet
- Ceramic Tile
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Free Parking
- Paved Parking
- On-Street Parking
- Assigned Parking
Schools
- Longfellow Elementary School
- Poston Junior High School
- Mesa High School
Utilities
- Central Air
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 6
- Assessor Parcel Number 139-54-006-B
Community Details
Overview
- 4 Units
- Building Dimensions are 75' x 99'
Building Details
- Operating Expense $6,775
- Gross Income $505
- Net Operating Income $23,395
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 9, 2023
Sold by
Bautista Miguel Alexander
Bought by
Pb Capital One Llc
Current Estimated Value
Purchase Details
Closed on
May 28, 2021
Sold by
Bautista Miguel Alexander
Bought by
Bautista Miguel Alexander and Guzman Melisa Paez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,219
Interest Rate
3.1%
Mortgage Type
FHA
Purchase Details
Closed on
May 24, 2021
Sold by
Rocha Celsa
Bought by
Bautista Miguel Alexander
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,219
Interest Rate
3.1%
Mortgage Type
FHA
Purchase Details
Listed on
May 11, 2015
Closed on
Jul 31, 2015
Sold by
Sigler David
Bought by
Rocha Celsa
Seller's Agent
Steve and Sarah Lugo
Realty ONE Group
Buyer's Agent
Flavio Villa
Valley Executives Real Estate
List Price
$239,000
Sold Price
$200,000
Premium/Discount to List
-$39,000
-16.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%
Original Mortgage
$196,377
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Listed on
Dec 28, 2011
Closed on
Apr 11, 2012
Sold by
Paying Cash For Houses Com Llc
Bought by
Sigler David F
Seller's Agent
Alan Robinson
US Investment Realty, LLC
Buyer's Agent
Steve and Sarah Lugo
Realty ONE Group
List Price
$159,900
Sold Price
$149,900
Premium/Discount to List
-$10,000
-6.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$110,550
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2011
Sold by
Hernandez Hermenegildo and Hernandez Ana Elisa
Bought by
Paying Cash For Housescom Llc
Purchase Details
Closed on
Aug 4, 2006
Sold by
Ochoa George and Ochoa Carol
Bought by
Hernandez Hermenegildo and Hernandez Ana Elisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
2.5%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jan 10, 2006
Sold by
Opm Real Estate Investments Inc
Bought by
Ochoa George and Ohoa Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,950
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 6, 2004
Sold by
Dustan Alan R and Diaz Melizza
Bought by
Oswalt Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 20, 2001
Sold by
Saladino Aurelio G and Saladino Mary B
Bought by
Dustan Alan R and Diaz Melizza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,749
Interest Rate
7.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 14, 1997
Sold by
Iwamoto Dennis S and Iwamoto Dawn M
Bought by
Saladino Aurelio G and Saladino Mary B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
7.85%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pb Capital One Llc | -- | -- | |
| Bautista Miguel Alexander | -- | Accommodation | |
| Bautista Miguel Alexander | $540,000 | Pioneer Title Agency Inc | |
| Rocha Celsa | $200,000 | Lawyers Title Of Arizona Inc | |
| Sigler David F | $147,000 | Fidelity Natl Title Agency I | |
| Paying Cash For Housescom Llc | $128,000 | None Available | |
| Hernandez Hermenegildo | $330,000 | Fidelity National Title | |
| Ochoa George | $329,900 | Title Security Agency Of Az | |
| Oswalt Scott | $235,000 | Ticor Title Agency Of Az Inc | |
| Dustan Alan R | $157,950 | Westminster Title Agency | |
| Saladino Aurelio G | $99,000 | Old Republic Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bautista Miguel Alexander | $530,219 | |
| Previous Owner | Rocha Celsa | $196,377 | |
| Previous Owner | Sigler David F | $110,550 | |
| Previous Owner | Hernandez Hermenegildo | $247,500 | |
| Previous Owner | Ochoa George | $164,950 | |
| Previous Owner | Oswalt Scott | $188,000 | |
| Previous Owner | Dustan Alan R | $155,749 | |
| Previous Owner | Saladino Aurelio G | $89,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/28/2015 08/28/15 | Sold | $200,000 | -16.3% | $69 / Sq Ft | |
| 06/01/2015 06/01/15 | Pending | -- | -- | -- | |
| 05/11/2015 05/11/15 | For Sale | $239,000 | +59.4% | $83 / Sq Ft | |
| 04/13/2012 04/13/12 | Sold | $149,900 | -6.3% | $52 / Sq Ft | View Prior Sale |
| 03/06/2012 03/06/12 | Pending | -- | -- | -- | |
| 12/28/2011 12/28/11 | For Sale | $159,900 | -- | $56 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,237 | $12,537 | -- | -- |
| 2024 | $1,241 | $11,940 | -- | -- |
| 2023 | $1,241 | $42,310 | $8,460 | $33,850 |
| 2022 | $1,215 | $28,300 | $5,660 | $22,640 |
| 2021 | $1,230 | $22,660 | $4,530 | $18,130 |
| 2020 | $1,214 | $21,080 | $4,210 | $16,870 |
| 2019 | $1,134 | $18,380 | $3,670 | $14,710 |
| 2018 | $1,089 | $16,800 | $3,360 | $13,440 |
| 2017 | $1,056 | $14,880 | $2,970 | $11,910 |
| 2016 | $1,036 | $13,160 | $2,630 | $10,530 |
| 2015 | $974 | $12,100 | $2,420 | $9,680 |
Source: Public Records
Agents Affiliated with this Home
-
Steve and Sarah Lugo
-
F
Buyer's Agent in 2015
Flavio Villa
Valley Executives Real Estate
-
Alan Robinson
Seller's Agent in 2012
Alan Robinson
US Investment Realty, LLC
(602) 460-9623
6 Total Sales
-
S
Buyer's Agent in 2012
Steve Lugo, Jr.
Realty One Group
-
S
Buyer's Agent in 2012
Steven Lugo, Jr.
Coldwell Banker Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5278284
APN: 139-54-006B
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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