NOT LISTED FOR SALE

1801 N Spring Mesa, AZ 85203

North Center Neighborhood

Estimated Value: $691,320 - $793,000

8 Beds
-- Bath
3,496 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $705,000 $202 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,049/month

6 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Carpet

About This Home

As of March 2022

All 2-bed/1-bath units. Laundry room shared by all tenants. Located across the street from grassy city park. Owner pays water/sewer/trash and electric for the laundry room. Tenant pays unit electric. Great potential for repositioning and increasing rents over time. All units are occupied. Do not disturb tenants.

Last Agent to Sell the Property

James Miller

Dave Johnson Realty License #SA655143000 Listed on: 02/11/2022

Co-Listed By

David Johnson

Dave Johnson Realty License #BR626902000

Last Buyer's Agent

Michael Gordon

Grace CRE License #BR688636000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,469

Year Built

  • Built in 1982

Lot Details

  • 6,970

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit
  • On-Street Parking

Schools

  • Lehi Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer
  • Tax Lot 30
  • Assessor Parcel Number 136-24-134

Community Details

Overview

  • 4 Units
  • Building Dimensions are 117 x 64
  • North Mesa Village Subdivision

Building Details

  • Operating Expense $8,235
  • Gross Income $44,688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,469

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Mckellips and Mesa Dr
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: dajo001
  • Co List Office Phone: 480-332-3262
  • Subdivision Name: NORTH MESA VILLAGE
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: >1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s), 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

Fee Information

  • Annual Water Sewer Expense: 4327.0

Schools

  • Elementary School: Lehi Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 117 x 64
  • Additional Parcels: No
  • Parcel #: 136-24-134

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Electric Expense: 615.0
  • Annual Gross Income: 44688.0
  • Annual Operating Expense: 8235.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1469.0
  • Tax Book Number: 136.00
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Kulshreshtha Ankur
Bought by
1801 N Spring Llc
Current Estimated Value
$751,580

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 30, 2022
Sold by
Johnson Timothy P
Bought by
Kulshreshtha Ankur
Seller's Agent
James Miller
Dave Johnson Realty
Buyer's Agent
Michael Gordon
Grace CRE
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.71%
Original Mortgage
$522,800
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 2, 2022
Sold by
Johnson Timothy P
Bought by
Kulshreshtha Ankur
Seller's Agent
James Miller
Dave Johnson Realty
Buyer's Agent
Michael Gordon
Grace CRE
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,800
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2013
Closed on
Jan 24, 2013
Sold by
Johnson Georgiana G
Bought by
Johnson Timothy P
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
David Johnson
Dave Johnson Realty
List Price
$169,900
Sold Price
$167,500
Premium/Discount to List
-$2,400
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%
Original Mortgage
$125,625
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2008
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Dec 1, 2008
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Lamb Holdings Llc

Purchase Details

Closed on
Jul 8, 2008
Sold by
Ilayan Numan T and Ilayan Lynda
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Mar 20, 2006
Sold by
1220 Mesa Llc
Bought by
Ilayan Numan T and Ilayan Lynda

Purchase Details

Closed on
May 18, 2005
Sold by
Ilayan Numan and Ilayan Lynda
Bought by
1220 Mesa Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1801 N Spring Llc -- --
Kulshreshtha Ankur $705,000 Old Republic Title
Kulshreshtha Ankur $705,000 Old Republic Title
Johnson Timothy P -- First American Title Ins Co
Johnson Timothy P $167,500 First American Title Ins Co
Jpmorgan Chase Bank National Association -- None Available
Lamb Holdings Llc $140,000 Servicelink
Washington Mutual Bank $230,182 Security Title Agency
Ilayan Numan T -- First American Title
1220 Mesa Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kulshreshtha Ankur $522,800
Previous Owner Kulshreshtha Ankur $522,800
Previous Owner Johnson Timothy P $125,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2022 03/30/22 Sold $705,000 -1.4% $202 / Sq Ft
02/25/2022 02/25/22 Price Changed $715,000 +2.3% $205 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $699,000 +317.3% $200 / Sq Ft
02/27/2013 02/27/13 Sold $167,500 -1.4% $48 / Sq Ft View Prior Sale
01/24/2013 01/24/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $169,900 -- $49 / 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 $1,477 $14,976 -- --
2024 $1,482 $14,263 -- --
2023 $1,482 $50,480 $10,090 $40,390
2022 $1,451 $36,210 $7,240 $28,970
2021 $1,469 $28,480 $5,690 $22,790
2020 $1,450 $27,420 $5,480 $21,940
2019 $1,355 $23,800 $4,760 $19,040
2018 $1,300 $21,610 $4,320 $17,290
2017 $1,261 $15,860 $3,170 $12,690
2016 $1,238 $14,450 $2,890 $11,560
2015 $1,164 $12,880 $2,570 $10,310
Source: Public Records

Agents Affiliated with this Home

  • James Miller

    Seller's Agent in 2022

    James Miller

    Dave Johnson Realty

    (480) 369-4618

    2 in this area

    64 Total Sales

    James Miller
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    David Johnson

    Dave Johnson Realty

    (520) 906-8111

    2 in this area

    46 Total Sales

    David Johnson
    Section Image
  • Michael Gordon

    Buyer's Agent in 2022

    Michael Gordon

    Grace CRE

    (858) 774-6058

    2 in this area

    71 Total Sales

    Michael Gordon
    Section Image
  • Steve Fowler

    Seller's Agent in 2013

    Steve Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 430-5843

    59 Total Sales

    Steve Fowler
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6354233

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-24-134

Arizona Maricopa County Mesa 85203 North Center

1801 N Spring, Mesa, AZ

Not Listed for Sale

MultiFamily

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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