NOT LISTED FOR SALE

1846 N Pima Mesa, AZ 85201

North Center Neighborhood

Estimated Value: $667,000 - $752,009

-- Bed
-- Bath
3,240 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $690,000 $213 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,028/month

1 Day on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of December 2023

Very well maintained 4-plex with three 2 bedroom/1 bath units and one large 1 bedroom/1 bath unit. Each unit has a separate indoor storage area. All units come with a washer/dryer, dishwasher, garbage disposal along with LED lightbulbs in every fixture, solar screens on all windows and metal privacy doors. Eight parking spaces with four covered spaces. Completely fenced yard with a locked cluster mailbox unit. Well landscaped with desert xeriscape plantings as well as irrigation to newer plantings. Two tenants are long term stable tenants and two newer tenants have recently been added - October 2023 and August 2023. This was the owner's primary residence for five years so Unit 4 has many upgrades. Exterior paint in 2018 and all units have been repainted within the last 3 years. Unit 2 had new laminate commercial flooring installed in January of 2023 and Unit 4 had new carpet in 2018. A short walk to the city bus stop and easy freeway access.

Last Listed By

Gordon Burns

Built By Referral Rlty Grp 02 License #SA630337000 Listed on: 12/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,284

Year Built

  • Built in 1980

Lot Details

  • 0.3

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking

Schools

  • Boulder Creek Elementary - Mesa
  • Mesa High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 9
  • Assessor Parcel Number 136-23-284-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 13,068
  • Old West Valley Subdivision

Building Details

  • Operating Expense $9,072
  • Gross Income $53,016
  • Net Operating Income $45,228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,284

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: McKellips & Center
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2023
  • Directions: From the 202 Loop Freeway, take Mckellips exit #12. East to Center. South to Jasmine. East to Pima. South to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: OLD WEST VALLEY
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Trash Expense: 392.0
  • Annual Water Sewer Expense: 2800.0

Schools

  • Elementary School: Boulder Creek Elementary - Mesa
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 13,068
  • Additional Parcels: No
  • Parcel #: 136-23-284-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 53016.0
  • Insurance Expense: 2196.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 45228.0
  • Annual Operating Expense: 9072.0

Tax Info

  • Tax Annual Amount: 1284.0
  • Tax Book Number: 136.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2016
Closed on
Oct 3, 2016
Sold by
Gramian Kevin
Bought by
Candela Victoria E
Seller's Agent
Pam Emery
Valley East Realty
Buyer's Agent
Gordon Burns
Built By Referral Rlty Grp 02
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Total Days on Market
1
Current Estimated Value
$707,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,252
Avg. Annual Appreciation
10.78%
Original Mortgage
$282,745
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 2005
Sold by
Red Land Sunset Properties Llc
Bought by
Gramian Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
6.17%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 4, 2003
Sold by
Roberts Robert L and Roberts Tamara M
Bought by
Red Land Sunset Properties Llc

Purchase Details

Closed on
Aug 8, 2003
Sold by
Margetak Glen
Bought by
Roberts Robert L and Roberts Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Candela Victoria E $295,000 Security Title Agency Inc
Gramian Kevin $305,000 Capital Title Agency Inc
Red Land Sunset Properties Llc -- --
Roberts Robert L $214,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Candela Victoria E $271,500
Closed Candela Victoria E $282,745
Previous Owner Gramian Kevin $228,750
Previous Owner Roberts Robert L $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $690,000 -8.0% $213 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $750,000 +154.2% $231 / Sq Ft
09/26/2016 09/26/16 Sold $295,000 0.0% $91 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
07/26/2016 07/26/16 Price Changed $295,000 -3.3% $91 / Sq Ft
05/31/2016 05/31/16 For Sale $305,000 -- $94 / 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 $1,269 $15,296 -- --
2024 $1,284 $14,567 -- --
2023 $1,284 $48,860 $9,770 $39,090
2022 $1,256 $38,650 $7,730 $30,920
2021 $1,290 $31,800 $6,360 $25,440
2020 $1,273 $28,410 $5,680 $22,730
2019 $1,179 $23,920 $4,780 $19,140
2018 $1,126 $21,510 $4,300 $17,210
2017 $1,288 $18,110 $3,620 $14,490
2016 $1,264 $17,560 $3,510 $14,050
2015 $1,188 $14,950 $2,990 $11,960
Source: Public Records

Agents Affiliated with this Home

  • Gordon Burns

    Seller's Agent in 2023

    Gordon Burns

    Built By Referral Rlty Grp 02

    (602) 620-4456

    1 in this area

    44 Total Sales

    Gordon Burns
    Section Image
  • Tom Palestina

    Buyer's Agent in 2023

    Tom Palestina

    ABI Multifamily

    (602) 714-1400

    2 in this area

    35 Total Sales

    Tom Palestina
    Section Image
  • Pam Emery

    Seller's Agent in 2016

    Pam Emery

    Valley East Realty

    (480) 257-0374

    4 Total Sales

    Pam Emery
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6637229

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-23-284A

Arizona Maricopa County Mesa 85201 North Center

1846 N Pima, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 1846 N Pima, Mesa, AZ 85201 since 05 December 2023 and is currently estimated at $707,252, approximately $218 per square foot. This property was built in 1980. 1846 N Pima is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Kerr 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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