NOT LISTED FOR SALE

1829 E Broadway Rd Mesa, AZ 85204

Reed Park Neighborhood
24 Beds
14 Baths
1,410 Sq Ft
1972 Built

Last Sold June 29, 2017

Last sale price $1,050,000 $745 Per Sq Ft

30 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Individual Controls for Heating

About This Home

As of June 2017

Park Ridge is a 14-unit garden-style apartment community located in a desirable north Mesa neighborhood. Built in 1972, the property is made of wood frame and stucco construction with flat roofs and is individually-metered for electricity.
The property has a unit mix consisting of one and two-bedroom floor plans that are spacious, well designed and average approximately 767 square feet. Interior unit features include fully appointed kitchens with full-size electric appliances, ceramic tile flooring, vertical blinds, and ceiling fans.

Last Agent to Sell the Property

Jeff Seaman

CBRE, Inc License #SA551921000 Listed on: 04/11/2017

Last Buyer's Agent

Jeff Seaman

CBRE, Inc License #SA551921000 Listed on: 04/11/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,027

Year Built

  • Built in 1972

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 24 Parking Spaces
  • 18 Covered Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 39
  • Assessor Parcel Number 139-01-144

Community Details

Overview

  • 3 Buildings
  • 14 Units
  • Building Dimensions are 126' x 139.11' x 146' x 119.11'
  • Replat Of Park Ridge Of Mesa Amd Subdivision

Building Details

  • Operating Expense $3,027
  • Gross Income $124,920
  • Net Operating Income $79,053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,027

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 3
  • Year Built: 1972
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: REPLAT OF PARK RIDGE OF MESA AMD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up, Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 18.0
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 24.0
  • General Property Description:Covered Parking Spcs: 18.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 24.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Lot Info

  • Lot Size: 126' x 139.11' x 146' x 119.11'
  • Additional Parcels: No
  • Parcel #: 139-01-144

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 14
  • Annual Gross Income: 124920.0
  • Property Net Operating Income: 79053.0
  • Annual Operating Expense: 3027.14
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 3027.14
  • Tax Book Number: 139.00
  • Tax Lot: 39
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2017 06/29/17 Sold $1,050,000 0.0% $745 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $1,050,000 -- $745 / 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 $3,613 $36,618 -- --
2024 $3,624 $34,875 -- --
2023 $3,624 $159,260 $31,850 $127,410
2022 $3,549 $108,680 $21,730 $86,950
2021 $3,592 $100,300 $20,060 $80,240
2020 $3,545 $87,410 $17,480 $69,930
2019 $3,312 $65,570 $13,110 $52,460
2018 $3,179 $67,480 $13,490 $53,990
2017 $3,084 $55,010 $11,000 $44,010
2016 $3,027 $39,420 $7,880 $31,540
2015 $2,845 $34,670 $6,930 $27,740
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jeff Seaman

    CBRE, Inc

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5588970

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Mesa 85204 Reed Park

1829 E Broadway Rd, Mesa, AZ

Not Listed for Sale

MultiFamily

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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