NOT LISTED FOR SALE

Estimated Value: $658,180 - $785,000

8 Beds
4 Baths
874 Sq Ft
$824/Sq Ft Est. Value

Sale Details

Date Sold: June 6, 2022

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

Est. 3% increase in value since last sale

Current estimated payment $3,945 / mo

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 Agent to Sell the Property

Tyler Nick

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

Last Buyer's Agent

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000

Better Homes & Gardens Real Estate SJ Fowler

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
  • Separate Meters

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

6,970 Sq Ft Lot

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
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 2880.0
  • 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: 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 >1 Space Per Unit: Yes
  • 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

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

Listed on
Apr 9, 2022
Closed on
May 17, 2022
Sold by
Bought by
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%
Current Estimated Value
$707,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,561
Avg. Annual Appreciation
1.07%
Original Mortgage
$516,750
Interest Rate
0.0511%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2021
Sold by
Bought by

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
0.0305%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2019
Sold by
Bought by

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
0.041%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2019
Sold by
Bought by

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
0.041%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 2006
Sold by
Bought by

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
0.0669%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 7, 2006
Sold by
Bought by

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
0.0669%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 20, 2005
Sold by
Bought by

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
0.0574%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2005
Sold by
Bought by

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
0.0574%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2004
Sold by
Bought by

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
0.0574%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2001
Sold by
Bought by

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
0.0689%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 1999
Sold by
Bought by

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
0.0698%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 4, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 1994
Sold by
Bought by
Source: Public Records
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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
$689,000 Magnus Title
-- --
-- --
-- Wfg National Title Insurance C
-- Equity Title Agency Inc
$335,000 Equity Title Agency Inc
-- None Available
$130,000 First American Title Insuran
$86,500 Stewart Title & Trust Of Pho
$332,000 Capital Title Agency Inc
-- Capital Title Agency Inc
-- Title Security Agency Of Az
-- Title Security Agency Of Az
$275,000 Tsa Title Agency
$185,000 Fidelity National Title
$159,000 Fidelity Title
-- Security Title
$130,000 Security Title
$107,956 Transamerica Title Ins Co
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 $516,750
Closed $252,200
Closed $251,250
Closed $66,400
Closed $249,000
Closed $220,000
Closed $27,500
Closed $176,066
Closed $175,249
Closed $127,200
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
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

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

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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

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