NOT LISTED FOR SALE
24 Beds
14 Baths
1,410 Sq Ft
1972 Built

Sale Details

Date Sold: June 29, 2017

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

30 Days on Market

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

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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
  • Separate Meters

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

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

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

Closed on
Jun 2, 2021
Sold by
Melkas Hamlet Llc
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
$1,635,000
Outstanding Balance
$972,841
Interest Rate
8.4%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 11, 2017
Closed on
Jun 28, 2017
Sold by
Atss Income Properties Llc
Bought by
Melka S Hamlet Llc
Seller's Agent
Jeff Seaman
CBRE, Inc
Buyer's Agent
Jeff Seaman
CBRE, Inc
List Price
$1,050,000
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,750
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2011
Sold by
Baker Lee R
Bought by
Baker Lee R and The Lee R Baker Sr Revocable L

Purchase Details

Closed on
Apr 5, 2010
Sold by
Vistancia Construction Llc
Bought by
Vistancia Marketing Llc

Purchase Details

Closed on
Jan 19, 2010
Sold by
Aldridge Jessica A
Bought by
Aldridge Benjamin E

Purchase Details

Closed on
Dec 29, 2009
Sold by
Stefan Steve
Bought by
Stefan Steve M and Stefan Ana I

Purchase Details

Closed on
Apr 29, 2009
Sold by
Fiore Elizabeth
Bought by
Fiore David B

Purchase Details

Closed on
Mar 24, 2009
Sold by
Gmac Mortgage Llc
Bought by
Citi Residential Lending Llc

Purchase Details

Closed on
Mar 10, 2009
Sold by
Lennar Layton Llc
Bought by
Lennar Arizona Inc

Purchase Details

Closed on
Feb 6, 2009
Sold by
Stefan Ana I
Bought by
Stefan Steve

Purchase Details

Closed on
May 27, 2008
Sold by
Farahzadi Shahriar Shawn and Farahzadi Shahnaz S
Bought by
Atss Income Properties Llc

Purchase Details

Closed on
Jan 28, 2008
Sold by
Broadbent Patricia
Bought by
Broadbent Charles D

Purchase Details

Closed on
Dec 5, 2007
Sold by
Gonzalez Bernardo
Bought by
Lasalle Bank Na and Gsamp Trust 2006-He5

Purchase Details

Closed on
Nov 1, 2007
Sold by
Haggarty Maria L and Haggarty Christopher T
Bought by
Prudential Relocation Inc

Purchase Details

Closed on
Aug 31, 2007
Sold by
Patel Hiren
Bought by
Patel Roshni B

Purchase Details

Closed on
Jun 20, 2007
Sold by
Schoenborn Tina A Lee
Bought by
Schoenborn Scott T

Purchase Details

Closed on
Apr 12, 2007
Sold by
Peppers Kimberly
Bought by
Peppers Kenneth Allen

Purchase Details

Closed on
Apr 3, 2007
Sold by
Heilbrun Jason L and Heilbrun Tonya R
Bought by
Heilbrun Jason L

Purchase Details

Closed on
Mar 19, 2007
Sold by
Holley Chirine C
Bought by
Holley Michael J

Purchase Details

Closed on
Feb 21, 2005
Sold by
Elliott Gary M and Elliott Leslie A
Bought by
Boulder Ridge Properties Llc

Purchase Details

Closed on
Jan 12, 2005
Sold by
Ferris David J
Bought by
Ferris Sharon Kristine

Purchase Details

Closed on
Jan 4, 2005
Sold by
Meritage Homes Construction Inc
Bought by
Meritage Homes Of Arizona Inc and Hancock Mth Communities Inc

Purchase Details

Closed on
Sep 8, 2004
Sold by
Top Property Llc
Bought by
Farahzadi Shahriar S and Farahzadi Shahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2004
Sold by
Gilead Development Llc
Bought by
Sturm Richard and Sturm Helen

Purchase Details

Closed on
Feb 17, 2004
Sold by
Fulton Homes Corp
Bought by
Fulton Homes Sales Corp

Purchase Details

Closed on
Sep 22, 2003
Sold by
Bellerose John A and Bellerose Carol C
Bought by
Top Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2003
Sold by
Elliot Gary and Elliot Leslie
Bought by
Infinity Consulting & Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2003
Sold by
Galvan Abelardo A
Bought by
Jld Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2000
Sold by
Botka Ervin
Bought by
Botka Genta

Purchase Details

Closed on
May 21, 1999
Sold by
Morrison Homes Inc
Bought by
Morrison Homes Of Arizona Inc

Purchase Details

Closed on
Aug 27, 1998
Sold by
Denning Daisy W
Bought by
Denning Daisy and The Daisy Denning Revocable Li

Purchase Details

Closed on
Aug 12, 1997
Sold by
Kloberdanz Patricia A
Bought by
Kloberdanz Patricia A and Patricia A Kloberdanz Living T

Purchase Details

Closed on
Jun 16, 1997
Sold by
Girard Robert M and Girard Joan C
Bought by
Crandell A Keith and Crandell Carolyn

Purchase Details

Closed on
Apr 24, 1997
Sold by
Nuss Milton
Bought by
Kloberdanz Patricia Ann

Purchase Details

Closed on
Feb 6, 1997
Sold by
Aboussie Michael G
Bought by
Timmons Aboussie Deborah

Purchase Details

Closed on
Mar 26, 1996
Sold by
Hutton Pearl
Bought by
Hutton Mark W

Purchase Details

Closed on
Jan 16, 1996
Sold by
Denning Willard R
Bought by
Denning Daisy W

Purchase Details

Closed on
Dec 14, 1995
Sold by
Girard Joan C
Bought by
Girard Robert M and Girard Joan C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,925,000 American Title Svc Agcy Llc
Melka S Hamlet Llc $1,025,000 American Title Service Agenc
Baker Lee R -- None Available
Vistancia Marketing Llc -- First American Title Ins Co
Aldridge Benjamin E -- Magnus Title Agency
Stefan Steve M -- None Available
Fiore David B -- The Talon Group Tempe Supers
Citi Residential Lending Llc -- North American Title Company
Lennar Arizona Inc -- North American Title Company
Stefan Steve -- North American Title Company
Atss Income Properties Llc -- None Available
Broadbent Charles D -- Chicago Title Insurance Co
Lasalle Bank Na $275,050 None Available
Prudential Relocation Inc -- Fidelity National Title
Patel Roshni B -- Sun Title Agency Co
Schoenborn Scott T -- The Talon Group Tempe Supers
Peppers Kenneth Allen -- Equity Title Agency Inc
Heilbrun Jason L -- Stewart Title & Trust Of Pho
Holley Michael J -- Federal Title Agency Llc
Boulder Ridge Properties Llc -- --
Ferris Sharon Kristine -- First American Title Ins Co
Meritage Homes Of Arizona Inc -- First American Title Ins Co
Farahzadi Shahriar S $567,000 Tsa Title Agency
Sturm Richard -- Chicago Title Insurance Co
Fulton Homes Sales Corp -- --
Top Property Llc $400,000 Tsa Title Agency
Infinity Consulting & Investments Llc -- --
Jld Real Estate Investments Llc $167,500 Ticor Title Agency Of Az Inc
Botka Genta -- North American Title Agency
Morrison Homes Of Arizona Inc -- First American Title
Denning Daisy -- --
Kloberdanz Patricia A -- --
Crandell A Keith -- Ati Title Agency
Kloberdanz Patricia Ann -- Ati Title Agency
Timmons Aboussie Deborah -- Stewart Title & Trust
Hutton Mark W -- Transnation Title Ins Co
Denning Daisy W -- Lawyers Title Of Arizona Inc
Girard Robert M -- --
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
Open $1,635,000
Previous Owner Melka S Hamlet Llc $563,750
Previous Owner Atss Income Properties Llc $114,197
Previous Owner Atss Income Properties Llc $135,064
Previous Owner Farahzadi Shahriar S $280,000
Previous Owner Top Property Llc $450,000
Previous Owner Jld Real Estate Investments Llc $149,000
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
06/29/2017 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

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 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5588970

Arizona Regional Multiple Listing Service (ARMLS)
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