$167,500
SOLD FEB 27, 2013

1801 N Spring Mesa, AZ 85203

North Center Neighborhood
-- Bed
-- Bath
3,496 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

1% Below List Price

22 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of March 2022

Easy Keeper! All Large two bedroom units, Corner Location, Close to Freeways and Downtown Mesa. Minutes away from Tempe and Arizona State University. Potential for Rent increases would just add to Cash Flow. All facts and figures approximate, Buyer to verify to their satisfaction.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 01/02/2013

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

David Johnson

Dave Johnson Realty License #BR626902000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $902

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

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

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6,970 sf
  • North Mesa Village Subdivision

Building Details

  • Operating Expense $7,142
  • Gross Income $20,520
  • Net Operating Income $13,378

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$902

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: McKellips & Mesa Drive
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2012
  • Directions: South on Mesa, take 1st left to Spring.
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH MESA VILLAGE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 1800.0

Lot Info

  • Lot Size: 6,970 sf
  • Additional Parcels: No
  • Parcel #: 136-24-134

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 20520.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 13378.0
  • Annual Operating Expense: 7142.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 902.0
  • 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
$745,302

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
1.76%
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:

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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 Type Sale Price Title Company
Special Warranty Deed -- --
Warranty Deed $705,000 Old Republic Title
Warranty Deed $705,000 Old Republic Title
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $167,500 First American Title Ins Co
Receivers Deed -- None Available
Cash Sale Deed $140,000 Servicelink
Trustee Deed $230,182 Security Title Agency
Warranty Deed -- First American Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $522,800 New Conventional
Previous Owner $522,800 New Conventional
Previous Owner $125,625 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 $1,470 $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

    67 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

    54 Total Sales

    David Johnson
    Section Image
  • Michael Gordon

    Buyer's Agent in 2022

    Michael Gordon

    Grace CRE

    (858) 774-6058

    2 in this area

    72 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

    66 Total Sales

    Steve Fowler
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4868366

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-24-134

Arizona Maricopa County Mesa 85203 North Center

1801 N Spring, Mesa, AZ

This home is located at 1801 N Spring, Mesa, AZ 85203 and is currently priced at $167,500, approximately $47 per square foot. This property was built in 1982. 1801 N Spring is a home located in Maricopa County with nearby schools including Lehi Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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