NOT LISTED FOR SALE

Estimated Value: $695,583 - $786,000

8 Beds
-- Bath
3,496 Sq Ft
$210/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2022

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

Est. 3% increase in value since last sale

Current estimated payment $4,033 / mo

6 Days on Market

Highlights

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

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

Michael 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

Get Multifamily License #BR688636000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,469

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • On-Street Parking

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer, electricity, trash collection
  • 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 Sq Ft Lot

Listing Details

  • Cross Street: Mckellips and Mesa Dr
  • 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
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air, Electric, Ceiling Fan(s)
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: SRP
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Refrigerator

Exterior Features

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

Garage/Parking

  • Parking Features: On Street, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • Parking Features:Parking Features: On Street, >1 Space Per Unit

Utilities

  • Electric: SRP
  • Cooling: Central Air, Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

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: Water, Sewer, Electricity, Trash Collection
  • Tenant Pays: Electricity
  • 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 Lot: 30

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Bought by
Current Estimated Value
$723,983

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 2, 2022
Sold by
Bought by
Seller's Agent
Michael Miller
Dave Johnson Realty
Buyer's Agent
Michael Gordon
Get Multifamily
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
0.93%
Original Mortgage
$522,800
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2013
Closed on
Jan 24, 2013
Sold by
Bought by
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
0.034%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 2006
Sold by
Bought by

Purchase Details

Closed on
May 18, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$705,000 Old Republic Title
$167,500 First American Title Ins Co
-- First American Title Ins Co
-- None Available
$140,000 Servicelink
$230,182 Security Title Agency
-- First American Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $522,800
Closed $125,625
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6354233

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-24-134

Your Personal Tour Guide

Ask me questions while you tour the home.