NOT LISTED FOR SALE

1815 N Spring -- Mesa, AZ 85203

North Center Neighborhood

Estimated Value: $660,858 - $839,000

8 Beds
4 Baths
874 Sq Ft
$843/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $689,000 $788 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,209/month

18 Days on Market

Highlights

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

About This Home

As of June 2022

Excellent North Mesa location. Great, long-term tenants in place, but potential value add, and there is room for immediate improvement in the rents. All 2 bed/1 bath units with tile flooring throughout. Landscaping maintained by the HOA. Tenants pay their own electric. Please do not disturb the tenants.

Last Listed By

Tyler Nick

McMath Realty LLC License #SA650467000 Listed on: 04/09/2022

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
  • Siding
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit
  • Paved 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 trash collection, water, sewer
  • Tax Lot 28
  • Assessor Parcel Number 136-24-132

Community Details

Overview

  • 4 Units
  • Building Dimensions are 0.16 acres / 6,970 sqft
  • North Mesa Village Subdivision

Building Details

  • Operating Expense $11,673
  • Gross Income $38,190
  • Net Operating Income $26,517

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,469

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: McKellips & 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
  • Directions: South on Mesa Dr from McKellips. East on Jensen St. Make your first left on Spring. The building will be the 3rd on the right.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 2880.0
  • Subdivision Name: NORTH MESA VILLAGE
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit
  • 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:Paved2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • 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

Association/Amenities

  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 2500.0

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: 0.16 acres / 6,970 sqft
  • Additional Parcels: No
  • Parcel #: 136-24-132

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 38190.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 26517.0
  • Annual Operating Expense: 11673.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1469.0
  • Tax Book Number: 136.00
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 17, 2022
Sold by
Barth Gregory A and Barth Eugenia
Bought by
Barth Family Trust
Seller's Agent
Tyler Nick
McMath Realty LLC
Buyer's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
List Price
$699,000
Sold Price
$689,000
Premium/Discount to List
-$10,000
-1.43%
Total Days on Market
18
Current Estimated Value
$736,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,965
Avg. Annual Appreciation
2.31%
Original Mortgage
$516,750
Outstanding Balance
$494,576
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$242,389

Purchase Details

Closed on
Jun 19, 2021
Sold by
Buyze Evan Michael and Buyze Gilda Joan
Bought by
Dwell Different Llc

Purchase Details

Closed on
Apr 12, 2021
Sold by
Dwell Different Llc
Bought by
Buyze Evan Michael and Buyze Gilda Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,200
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2021
Sold by
Dwell Different Llc
Bought by
Buyze Evan Michael and Buyze Gilda Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,200
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2019
Sold by
Buyze Evan Michael and Buyze Gilda Joan Berlin
Bought by
Dwell Different Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2019
Sold by
Dc & Mc Properties Llc
Bought by
Buyze Evan Michael and Buyze Gilda Joan Berlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2014
Sold by
Chicoine Dennis J
Bought by
Dc & Mc Properties Llc

Purchase Details

Closed on
Mar 20, 2012
Sold by
Iruke Charles
Bought by
Chicoine Dennis J

Purchase Details

Closed on
Apr 1, 2011
Sold by
Agwamba Ugochi Rose
Bought by
Iruke Charles

Purchase Details

Closed on
Jul 12, 2006
Sold by
Eze Francis and Ezewiro Stacey
Bought by
Agwmba Ugochi Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
6.69%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 7, 2006
Sold by
Agwamba Fidelis
Bought by
Agwamba Ugochi Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
6.69%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 20, 2005
Sold by
Eze Francis
Bought by
Ezewiro Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2005
Sold by
Ezewiro Stacey
Bought by
Eze Francis and Ezewiro Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2004
Sold by
Marquez Marco A and Marquez Jacob
Bought by
Ezewiro Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2001
Sold by
Cedre Rodolfo and Cedre Alma D
Bought by
Marquez Marco A and Marquez Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,249
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 1999
Sold by
Utterback Brian E and Utterback Taylor J
Bought by
Cedre Rodolfo and Cedre Alma D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 1996
Sold by
Weaver Dorothy M
Bought by
Weaver Gary L and Weaver Donna M

Purchase Details

Closed on
Jun 4, 1996
Sold by
Weaver Gary L and Weaver Donna M
Bought by
Utterback Brian E and Utterback Taylor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 1994
Sold by
Mccloud Tom and Mccloud Thomas V
Bought by
Weaver Gary L and Weaver Donna M

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 Buyer Sale Price Title Company
Barth Family Trust -- --
Barth Gregory A $689,000 Magnus Title
Dwell Different Llc -- Accommodation
Buyze Evan Michael -- Wfg National Title Ins Co
Buyze Evan Michael -- Wfg National Title Insurance C
Dwell Different Llc -- Equity Title Agency Inc
Buyze Evan Michael $335,000 Equity Title Agency Inc
Dc & Mc Properties Llc -- None Available
Chicoine Dennis J $130,000 First American Title Insuran
Iruke Charles $86,500 Stewart Title & Trust Of Pho
Agwmba Ugochi Rose $332,000 Capital Title Agency Inc
Agwamba Ugochi Rose -- Capital Title Agency Inc
Ezewiro Stacey -- Title Security Agency Of Az
Eze Francis -- Title Security Agency Of Az
Ezewiro Stacy $275,000 Tsa Title Agency
Marquez Marco A $185,000 Fidelity National Title
Cedre Rodolfo $159,000 Fidelity Title
Weaver Gary L -- Security Title
Utterback Brian E $130,000 Security Title
Weaver Gary L $107,956 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barth Gregory A $516,750
Previous Owner Buyze Evan Michael $252,200
Previous Owner Buyze Evan Michael $252,200
Previous Owner Buyze Evan Michael $251,250
Previous Owner Agwmba Ugochi Rose $66,400
Previous Owner Agwamba Ugochi Rose $249,000
Previous Owner Ezewiro Stacey $220,000
Previous Owner Ezewiro Stacy $27,500
Previous Owner Marquez Marco A $176,066
Previous Owner Marquez Marco A $175,249
Previous Owner Cedre Rodolfo $127,200
Previous Owner Utterback Brian E $104,000
Closed Utterback Brian E $13,000
Closed Cedre Rodolfo $15,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $689,000 -1.4% $788 / Sq Ft
04/09/2022 04/09/22 For Sale $699,000 -- $800 / 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

  • Tyler Nick

    Seller's Agent in 2022

    Tyler Nick

    McMath Realty LLC

    (480) 299-4132

    1 in this area

    44 Total Sales

    Tyler Nick
    Section Image

  • J

    Buyer's Agent in 2022

    James Stephens

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 672-3526

    1 in this area

    52 Total Sales

    James Stephens
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6381549

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-24-132

Arizona Maricopa County Mesa 85203 North Center

1815 N Spring --, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 1815 N Spring --, Mesa, AZ 85203 since 09 April 2022 and is currently estimated at $736,965, approximately $843 per square foot. This property was built in 1982. 1815 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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