NOT LISTED FOR SALE

1826 N Spring Mesa, AZ 85203

North Center Neighborhood

Estimated Value: $679,364 - $807,000

-- Bed
-- Bath
3,468 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $450,000 $130 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,066/month

42 Days on Market

Highlights

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

About This Home

As of February 2020

Great investment property. 3 of the 4 units newer tile and carpet. Fresh paint, newer stoves and dishwashers. New Roof. 4 new A/C 's. Washer and dryer hook ups in all units. All units occupied,

Last Agent to Sell the Property

LeAnn Divis

Better Homes & Gardens Real Estate SJ Fowler License #SA666328000 Listed on: 10/29/2019

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Ryan Swan

HomeSmart License #SA661174000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,382

Year Built

  • Built in 1984

Lot Details

  • 7,841

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 136-24-107

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7841
  • North Mesa Village Lot 1 30 Subdivision

Building Details

  • Operating Expense $10,094
  • Gross Income $21,090
  • Net Operating Income $29,977

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,382

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: MESA DRIVE AND MCKELLIPS ROAD
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH MESA VILLAGE LOT 1-30
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • 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:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Lot Info

  • Lot Size: 7841
  • Additional Parcels: No
  • Parcel #: 136-24-107

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 21090.0
  • Insurance Expense: 1800.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 29977.0
  • Annual Operating Expense: 10094.0
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 1382.0
  • Tax Book Number: 136.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Feb 20, 2020
Sold by
Westbrook James Thomas and Westbrook Kelly Beth
Bought by
Alan Grin Dominee
Seller's Agent
LeAnn Divis
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Ryan Swan
HomeSmart
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$749,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,091
Avg. Annual Appreciation
9.42%
Original Mortgage
$441,849
Outstanding Balance
$391,375
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$357,716

Purchase Details

Closed on
Oct 28, 2019
Sold by
Guadalupe Real Property Llc
Bought by
Westbrook James Thomas and Westbrook Kelly Beth

Purchase Details

Closed on
May 3, 2017
Sold by
Westbrook James Thomas and Westbrook Kelly Beth
Bought by
Guadalupe Real Properties Llc

Purchase Details

Closed on
Jul 5, 2007
Sold by
Mecham David G
Bought by
Westbrook James Thomas and Westbrook Kelly Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2005
Sold by
Buss Paul D and Buss Charlamae E
Bought by
Mecham David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 1996
Sold by
Pc & Double D Properties Llc
Bought by
Buss Paul D and Buss Charlamae E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,100
Interest Rate
8.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1996
Sold by
Upton Donald L and Upton Carolyn A
Bought by
Pc & Double D Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,100
Interest Rate
8.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 1995
Sold by
Hud
Bought by
Upton Donald L and Upton Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,822
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 1995
Sold by
Logothetis Dimitri
Bought by
Banc One Mtg Corp

Purchase Details

Closed on
Dec 23, 1994
Sold by
Banc One Mtg Corp
Bought by
Hud
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 Buyer Sale Price Title Company
Alan Grin Dominee $450,000 Magnus Title Agency Llc
Westbrook James Thomas -- None Available
Guadalupe Real Properties Llc -- None Available
Westbrook James Thomas $285,000 Security Title Agency Inc
Mecham David G $215,000 Fidelity National Title
Buss Paul D $133,500 Stewart Title & Trust
Pc & Double D Properties Llc $80,000 --
Upton Donald L -- First Southwestern Title
Banc One Mtg Corp -- Chicago Title Insurance Co
Hud -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alan Grin Dominee $441,849
Previous Owner Westbrook James Thomas $185,250
Previous Owner Mecham David G $200,000
Previous Owner Buss Paul D $100,100
Previous Owner Upton Donald L $82,822
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $450,000 0.0% $130 / Sq Ft
12/16/2019 12/16/19 For Sale $450,000 0.0% $130 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $450,000 0.0% $130 / Sq Ft
11/04/2019 11/04/19 Off Market $450,000 -- --
10/29/2019 10/29/19 For Sale $450,000 -- $130 / 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 $1,507 $15,277 -- --
2024 $1,512 $14,549 -- --
2023 $1,512 $51,000 $10,200 $40,800
2022 $1,481 $36,530 $7,300 $29,230
2021 $1,499 $28,850 $5,770 $23,080
2020 $1,479 $27,810 $5,560 $22,250
2019 $1,382 $24,030 $4,800 $19,230
2018 $1,326 $21,780 $4,350 $17,430
2017 $1,287 $15,970 $3,190 $12,780
2016 $1,263 $14,630 $2,920 $11,710
2015 $1,187 $13,010 $2,600 $10,410
Source: Public Records

Agents Affiliated with this Home

  • LeAnn Divis

    Seller's Agent in 2020

    LeAnn Divis

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 907-4092

    1 in this area

    8 Total Sales

    LeAnn Divis
    Section Image
  • Ryan Swan

    Buyer's Agent in 2020

    Ryan Swan

    HomeSmart

    (602) 733-5455

    47 Total Sales

    Ryan Swan
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5997867

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-24-107

Arizona Maricopa County Mesa 85201 North Center

1826 N Spring, Mesa, AZ

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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