NOT LISTED FOR SALE

Estimated Value: $601,444 - $751,000

1 Bed
-- Bath
3,200 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $285,000 $89 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $3,991/month

8 Days on Market

Highlights

  • Wood Flooring
  • Community Playground
  • Ceiling Fan
  • Franklin at Brimhall Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of March 2017

GREAT Four plex in solid neighborhood. Surrounded by single family homes. Large 800 sq ft apts with eat in kitchen, easy to rent and always rented!! Block construction. Current owner has remodeled the units!! Front and back yard fenced. Each unit has it's own storage room and covered parking space. Newer HVAC units. Coin operated laundry for additional income. Convenient to the 202 and the 60. Close to schools, restaurants and shopping. Reed Park is within walking distance--skate court, playgrounds, lighted basketball court, shaded picnic facilities and on 19 ACRES. Turn-key investment.

Last Listed By

Michele Billman

DPR Realty LLC License #SA015485000 Listed on: 02/20/2017

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,122

Year Built

  • Built in 1981

Lot Details

  • 6,403

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Wood Flooring

Parking

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

Schools

  • Longfellow Elementary School
  • Poston Junior High School
  • Mesa High School

Utilities

  • Central Heating and Cooling System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 9
  • Assessor Parcel Number 139-56-111

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6412 sq fr
  • Enchanted Park Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $9,362
  • Gross Income $29,040
  • Net Operating Income $19,678

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,122

Year Built

Built in 1981

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: 1981
  • Tax Year: 2016
  • Directions: NORTH ON GILBERT, WEST ON 6TH AVENUE TO PROPERTY
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: ENCHANTED PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: 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
  • 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
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Trash Expense: 1368.0
  • Annual Water Sewer Expense: 2472.0

Schools

  • Elementary School: Longfellow Elementary School
  • High School: Mesa High School
  • Middle Or Junior School: Poston Junior High School

Lot Info

  • Lot Size: 6412 sq fr
  • Additional Parcels: No
  • Parcel #: 139-56-111

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 972.0
  • Annual Gross Income: 29040.0
  • Insurance Expense: 1203.0
  • Maintenance Expense: 1900.0
  • Property Net Operating Income: 19678.0
  • Annual Operating Expense: 9362.0

Tax Info

  • Tax Annual Amount: 1122.0
  • Tax Book Number: 139.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2019
Sold by
Allard Nicole D
Bought by
Allard Steve M
Total Days on Market
8
Current Estimated Value
$693,111

Purchase Details

Closed on
Aug 8, 2019
Sold by
Allard Nicole D
Bought by
Allard Steve Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2017
Closed on
Mar 27, 2017
Sold by
Rick S Reconstruction Llc
Bought by
Vonvonfinch Roman Von
Seller's Agent
Michele Billman
DPR Realty LLC
Buyer's Agent
Erik Walbot
Realty ONE Group
List Price
$288,000
Sold Price
$285,000
Premium/Discount to List
-$3,000
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$279,837
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2010
Sold by
Vanmarche Richmond and Van Marche Patricia
Bought by
Ricks Reconstruction Llc

Purchase Details

Closed on
Apr 20, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vanmarche Richmond and Van Marche Patricia

Purchase Details

Closed on
Jan 19, 2010
Sold by
Rodriguez Margarita
Bought by
Federal Home Loan Mortgage Corporaton

Purchase Details

Closed on
Jun 18, 2009
Sold by
Rodriguez Adan G
Bought by
Rodriguez Margarita

Purchase Details

Closed on
May 23, 2008
Sold by
Rodriguez Margarita
Bought by
Rodriguez Adan G and Rodriguez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,500
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2002
Sold by
Landholm Wallace
Bought by
Rodriguez Adan G and Rodriguez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,850
Interest Rate
8.02%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Allard Steve M -- Amrock
Allard Steve M -- None Available
Allard Steve Michael -- Empire West Title Agency Llc
Allard Steve Michael $391,000 Empire West Title Agency Llc
Vonvonfinch Roman Von $285,000 Empire West Title Agency
Ricks Reconstruction Llc -- None Available
Vanmarche Richmond -- None Available
Federal Home Loan Mortgage Corporaton $146,624 Security Title Agency
Rodriguez Margarita -- None Available
Rodriguez Adan G -- Transnation Title Ins Co
Rodriguez Margarita -- Transnation Title Insurance
Rodriguez Adan G $203,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allard Steve Michael $293,250
Previous Owner Vonfinch Roman Von $16,000
Previous Owner Vonvonfinch Roman Von $279,837
Previous Owner Rodriguez Margarita $219,500
Previous Owner Rodriguez Adan G $212,000
Previous Owner Rodriguez Adan G $192,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $285,000 -1.0% $89 / Sq Ft
02/19/2017 02/19/17 For Sale $288,000 -- $90 / 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 $1,333 $13,576 -- --
2024 $1,344 $12,929 -- --
2023 $1,344 $46,920 $9,380 $37,540
2022 $1,316 $36,580 $7,310 $29,270
2021 $1,332 $31,060 $6,210 $24,850
2020 $1,314 $28,780 $5,750 $23,030
2019 $1,228 $20,510 $4,100 $16,410
2018 $1,179 $18,810 $3,760 $15,050
2017 $1,144 $17,470 $3,490 $13,980
2016 $1,122 $16,110 $3,220 $12,890
2015 $1,055 $14,720 $2,940 $11,780
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5563905

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-56-111