NOT LISTED FOR SALE

Estimated Value: $601,606 - $804,000

8 Beds
-- Bath
3,392 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $453,600 $134 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,916/month

139 Days on Market

Highlights

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

About This Home

As of October 2020

GREAT FOURPLEX IN SOLID NEIGHBORHOOD! NEIGHBORHOOD IS SURROUNDED BY SINGLE FAMILY HOMES AND A LARGE PARK. TILE THROUGHOUT EACH UNIT. FENCING FOR PRIVACY & MODERN LOOK. COMMON AREA WITH PICNINC TABLES AND GRILL. EACH UNIT HAS IT'S OWN STORAGE LOCKER & COVERED PARKING SPACE. CONVENIENT TO THE 202 AND THE 60. EASY COMMUTE TO TEMPE, CHANDLER & DOWNTOWN GILBERT. CLOSE TO SCHOOLS, PARKS, RESTAURANTS AND SURROUNDING CONVENIENCE'S. FULLY OCCUPIED! RAPIDLY GROWING AREA WITH NEW BUSINESS'S & RESTAURANTS SPRINGING UP ALONG SOUTHERN. COIN OPERATED LAUNDRY FOR ADDITIONAL INCOME.

Last Agent to Sell the Property

Michael Smith

Barrett Real Estate License #BR635584000 Listed on: 04/08/2020

Barrett Real Estate

Co-Listed By

Kathleen Smith

Barrett Real Estate License #BR016430000

Last Buyer's Agent

Larry Burr

ATLAS AZ, LLC License #SA684467000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,443

Year Built

  • Built in 1980

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Schools

  • Keller Elementary School
  • Taylor Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 8
  • Assessor Parcel Number 139-56-110

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6,761
  • Enchanted Park Subdivision

Building Details

  • Operating Expense $1,443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,443

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: GILBERT & SOUTHERN
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2019
  • Directions: North on Gilbert, west on 6th Ave. Home on the north side of the street.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: ddsm01
  • Co List Office Phone: 480-967-1333
  • Subdivision Name: ENCHANTED PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Assigned: Yes
  • 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

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Keller Elementary School
  • High School: Mesa High School
  • Middle Or Junior School: Taylor Junior High School

Lot Info

  • Lot Size: 6,761
  • Additional Parcels: Yes
  • Parcel #: 139-56-110

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 1443.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 1443.0
  • Tax Book Number: 139.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Oct 14, 2020
Sold by
Altuntas Pembe
Bought by
Tercan Ergul
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$440,000
Sold Price
$453,600
Premium/Discount to List
$13,600
3.09%
Current Estimated Value
$700,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,552
Avg. Annual Appreciation
9.07%
Original Mortgage
$326,850
Outstanding Balance
$243,227
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$451,617

Purchase Details

Listed on
Apr 8, 2020
Closed on
Oct 12, 2020
Sold by
Kelda 2 Llc
Bought by
Tercan Ergul
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$440,000
Sold Price
$453,600
Premium/Discount to List
$13,600
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,850
Outstanding Balance
$243,227
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$451,617

Purchase Details

Closed on
Apr 14, 2020
Sold by
Draper Kelda L
Bought by
Kelda 2 Llc

Purchase Details

Listed on
Aug 13, 2015
Closed on
Sep 18, 2015
Sold by
Draper John T and Draper Kelda
Bought by
Draper Kelda
Seller's Agent
Dave Fernandez
DeLex Realty
Buyer's Agent
Michael Smith
Barrett Real Estate
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$180,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2015
Closed on
Sep 9, 2015
Sold by
Surani Sohel
Bought by
Draper Kelda L
Seller's Agent
Dave Fernandez
DeLex Realty
Buyer's Agent
Michael Smith
Barrett Real Estate
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2013
Closed on
Jul 24, 2013
Sold by
Nguyen Vu and Nguyen Thuyduong
Bought by
Surani Sohel
Seller's Agent
Uy Tran
HomeSmart
Buyer's Agent
Dave Fernandez
DeLex Realty
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.44%
Original Mortgage
$123,750
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2013
Closed on
Jul 23, 2013
Sold by
Tran Phuong Yen and Nguyen Vu
Bought by
Nguyen Vu
Seller's Agent
Uy Tran
HomeSmart
Buyer's Agent
Dave Fernandez
DeLex Realty
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2010
Sold by
Nguyen Son
Bought by
Nguyen Vu and Nguyen Thuyduong

Purchase Details

Closed on
Oct 16, 2009
Sold by
Nguyen Son
Bought by
Nguyen Vuet and Nguyen Thuy Duong L

Purchase Details

Closed on
Sep 21, 2009
Sold by
Nguyen Thuy Duong Luu
Bought by
Nguyen Son

Purchase Details

Closed on
Sep 16, 2009
Sold by
Gmac Mortgage Llc
Bought by
Nguyen Son

Purchase Details

Closed on
Sep 15, 2009
Sold by
Gmac Mortgage Llc
Bought by
Nguyen Son

Purchase Details

Closed on
Jun 10, 2009
Sold by
Debest David
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 19, 2004
Sold by
Legrande Investments Llc and Hendrix Floyd
Bought by
Debest David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2004
Sold by
Hendrix Floyd
Bought by
Legrande Investments Llc and Hendrix Floyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
Hendrix Christy K
Bought by
Hendrix Floyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Legrande Investments Llc
Bought by
Hendrix Floyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2002
Sold by
Hendrix Floyd
Bought by
Hendrix Floyd and Hendrix Christy K

Purchase Details

Closed on
Jul 24, 2001
Sold by
Hillard C Dale and Hillard Virginia A
Bought by
Legrande Investments Llc

Purchase Details

Closed on
Apr 30, 2001
Sold by
Legrande Investments Llc
Bought by
Hillard C D and Hillard Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.15%

Purchase Details

Closed on
Jun 23, 2000
Sold by
Hillard C Dale and Hendrix Floyd
Bought by
Legrande Investments Llc and Hendrix Floyd

Purchase Details

Closed on
May 18, 2000
Sold by
Feddick Earl A and Feddick Kim A
Bought by
Hillard C Dale and Hendrix Floyd

Purchase Details

Closed on
May 12, 2000
Sold by
Hillard Virginia
Bought by
Hillard C Dale
Source: Public Records

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
Tercan Ergul -- First Integrity Ttl Agcy Of
Tercan Ergul $453,600 First Integrity Title Agency
Kelda 2 Llc -- None Available
Draper Kelda -- Stewart Title & Tr Phoenix I
Draper Kelda L $241,000 Stewart Title & Tr Phoenix I
Surani Sohel $165,000 Old Republic Title Agency
Nguyen Vu -- Old Republic Title Agency
Nguyen Vu -- None Available
Nguyen Vuet -- None Available
Nguyen Son -- Fidelity Natl Title Ins Co
Gmac Mortgage Llc -- Fidelity Natl Title Ins Co
Nguyen Son $100,000 None Available
Nguyen Son $100,000 Fidelity Natl Title Ins Co
Federal Home Loan Mortgage Corp $140,000 Security Title Agency
Debest David $260,000 Ticor Title Agency Of Az Inc
Legrande Investments Llc -- Ticor Title Agency Of Az Inc
Hendrix Floyd -- Stewart Title & Tr Phoenix
Hendrix Floyd -- Stewart Title & Tr Phoenix
Hendrix Floyd -- --
Legrande Investments Llc -- --
Hillard C D -- Stewart Title & Trust
Legrande Investments Llc -- --
Hillard C Dale $145,000 Stewart Title & Trust
Hillard C Dale -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tercan Ergul $326,850
Previous Owner Draper Kelda L $180,750
Previous Owner Surani Sohel $123,750
Previous Owner Debest David $195,000
Previous Owner Hendrix Floyd $139,000
Previous Owner Hendrix Floyd $139,000
Previous Owner Hillard C D $136,000
Previous Owner Feddick Earl A $46,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $453,600 +3.1% $134 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $440,000 0.0% $130 / Sq Ft
08/21/2020 08/21/20 Price Changed $440,000 +4.8% $130 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $420,000 0.0% $124 / Sq Ft
08/06/2020 08/06/20 Price Changed $420,000 -7.4% $124 / Sq Ft
05/22/2020 05/22/20 Off Market $453,600 -- --
04/28/2020 04/28/20 Price Changed $480,000 -3.1% $142 / Sq Ft
04/25/2020 04/25/20 Price Changed $495,500 +0.1% $146 / Sq Ft
04/08/2020 04/08/20 For Sale $495,000 0.0% $146 / Sq Ft
11/17/2017 11/17/17 Rented $649 0.0% --
10/26/2017 10/26/17 Price Changed $649 -7.2% $0 / Sq Ft
10/04/2017 10/04/17 For Rent $699 +16.7% --
02/05/2016 02/05/16 Rented $599 0.0% --
01/26/2016 01/26/16 Under Contract -- -- --
01/15/2016 01/15/16 Price Changed $599 -7.7% $0 / Sq Ft
01/06/2016 01/06/16 Price Changed $649 -12.9% $0 / Sq Ft
12/10/2015 12/10/15 For Rent $745 0.0% --
09/18/2015 09/18/15 Sold $265,000 -1.8% $78 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $269,900 +63.6% $80 / Sq Ft
08/15/2013 08/15/13 Sold $165,000 -8.3% $49 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $180,000 -- $53 / 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 $1,566 $15,954 -- --
2024 $1,579 $15,194 -- --
2023 $1,579 $48,570 $9,710 $38,860
2022 $1,546 $37,130 $7,420 $29,710
2021 $1,565 $31,930 $6,380 $25,550
2020 $1,545 $29,750 $5,950 $23,800
2019 $1,443 $20,960 $4,190 $16,770
2018 $1,385 $19,200 $3,840 $15,360
2017 $1,344 $17,160 $3,430 $13,730
2016 $1,319 $15,830 $3,160 $12,670
2015 $1,240 $14,450 $2,890 $11,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6063491

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-56-110