NOT LISTED FOR SALE

Estimated Value: $481,106 - $691,000

-- Bed
-- Bath
3,516 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $280,000 $80 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,551/month

98 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 5-minute walk to Reed Park
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of April 2018

This is a four unit property, each unit has 2 bedrooms 1 bath, individual yard, and covered parking. All occupied by tenants who wish to stay.SOLD AS IS.

Last Listed By

Nayeli Quintero

HomeSmart License #SA668440000 Listed on: 12/31/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 1962

Lot Details

  • 8,930

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Schools

  • John F. Long Elementary School
  • Mesa Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water, sewer
  • Tax Lot 12
  • Assessor Parcel Number 139-54-012

Community Details

Overview

  • 4 Units
  • Building Dimensions are 74 X 122
  • Park Mesa Subdivision

Building Details

  • Net Operating Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,235

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Broadway & Williams
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2016
  • Directions: East on Broadway to Williams, south to Elton, East to property.
  • Road Surface Type: Alley
  • Subdivision Name: PARK MESA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit
  • 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:_one_ SpaceUnit: 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

  • Trash Expense: 372.0
  • Annual Water Sewer Expense: 3268.0

Schools

  • Elementary School: John F. Long
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Lot Size: 74 X 122
  • Additional Parcels: No
  • Parcel #: 139-54-012

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 1300.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 23400.0

Tax Info

  • Tax Annual Amount: 1234.72
  • Tax Book Number: 139.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2019
Sold by
Arriola Rigoberto and Arriola Hansen April
Bought by
Friendship Manor Homecare Llc
Total Days on Market
98
Current Estimated Value
$612,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$202,639
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$410,138

Purchase Details

Closed on
Jul 31, 2019
Sold by
Friendship Manor Homecare Llc
Bought by
Arriola Rigoberto and Arriola Hansen April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$202,639
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$410,138

Purchase Details

Listed on
Dec 31, 2017
Closed on
Apr 23, 2018
Sold by
Quintero Maria and Quintero Juan
Bought by
Friendship Manor Homecare Llc
Seller's Agent
Nayeli Quintero
HomeSmart
Buyer's Agent
April Arriola-Hansen
HomeSmart
List Price
$310,000
Sold Price
$280,000
Premium/Discount to List
-$30,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$224,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2012
Sold by
Quintero Maria and Quintero Santana
Bought by
Quintero Maria and Quintero Joan

Purchase Details

Closed on
Apr 26, 2007
Sold by
Quintero Juan Manuel
Bought by
Quintero Maria Antonia and Quintero Santana

Purchase Details

Closed on
Aug 24, 1999
Sold by
Haws Reed B and Haws Maria Elena
Bought by
Moreno Hugo and Quintero Gloria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
8.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1997
Sold by
Devlin Edward and Devlin Margaret L
Bought by
Haws Reed B and Haws Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,917
Interest Rate
7.93%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 1995
Sold by
Sanchez Julian J B
Bought by
Devlin Edward and Devlin Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,100
Interest Rate
7.71%
Mortgage Type
New Conventional

Range of Values:

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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

Date Buyer Sale Price Title Company
Friendship Manor Homecare Llc -- None Available
Arriola Rigoberto -- First Arizona Title Agcy Llc
Friendship Manor Homecare Llc $280,000 Old Republic Title Agency
Quintero Maria -- None Available
Quintero Maria Antonia -- None Available
Moreno Hugo $147,500 Security Title Agency
Haws Reed B $102,500 Ati Title Agency
Devlin Edward $79,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arriola Rigoberto $228,000
Previous Owner Friendship Manor Homecare Llc $224,000
Previous Owner Quintero Maria A $100,000
Previous Owner Moreno Hugo $132,750
Previous Owner Haws Reed B $101,917
Previous Owner Devlin Edward $71,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $280,000 -9.7% $80 / Sq Ft
02/26/2018 02/26/18 For Sale $310,000 0.0% $88 / Sq Ft
02/26/2018 02/26/18 Price Changed $310,000 0.0% $88 / Sq Ft
01/18/2018 01/18/18 Price Changed $310,000 -6.1% $88 / Sq Ft
12/30/2017 12/30/17 For Sale $330,000 -- $94 / 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 $1,466 $14,936 -- --
2024 $1,478 $14,224 -- --
2023 $1,478 $50,510 $10,100 $40,410
2022 $1,447 $33,320 $6,660 $26,660
2021 $1,465 $27,020 $5,400 $21,620
2020 $1,446 $24,750 $4,950 $19,800
2019 $1,351 $21,380 $4,270 $17,110
2018 $1,297 $19,470 $3,890 $15,580
2017 $1,258 $17,330 $3,460 $13,870
2016 $1,235 $15,220 $3,040 $12,180
2015 $1,160 $14,630 $2,920 $11,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5702724

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-54-012