NOT LISTED FOR SALE

1850 N Spring Mesa, AZ 85203

North Center Neighborhood

Estimated Value: $754,000 - $805,000

10 Beds
-- Bath
3,468 Sq Ft
$227/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $222,000 $64 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $4,480/month

42 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of November 2015

Well Maintained Clean Fourplex. No Vacancy. Good Rental Area. All Large 2 Bedroom Units. Good Cash Flow. Near the 202 Freeway and Just Minutes to Arizona State University, Downtown Scottsdale or Downtown Mesa. All Facts and Figure Approximate, Buyer to Verify to their Satisfaction including MLS Info

Last Listed By

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 10/06/2015

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1984

Lot Details

  • 9,583

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Lehi Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 6
  • Assessor Parcel Number 136-24-110

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9583
  • North Mesa Village Lot 1 30 Subdivision

Building Details

  • Gross Income $25,650
  • Net Operating Income $18,091

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,109

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: McKellips & Mesa Dr
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2015
  • Directions: South on Mesa Dr. East on Julep St. South on Spring. Property is on the west side of the street.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: NORTH MESA VILLAGE LOT 1-30
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood
  • Roof: 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:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: 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:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2100.0

Schools

  • Elementary School: Lehi Elementary School
  • High School: Westwood High School
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 9583
  • Additional Parcels: No
  • Parcel #: 136-24-110

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 25650.0
  • Insurance Expense: 870.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 18091.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1109.0
  • Tax Book Number: 136.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2021
Sold by
Lebaron Chase M and Lebaron Kathi S
Bought by
Diep Tuong Tuan and Quach Susan
Total Days on Market
42
Current Estimated Value
$786,315

Purchase Details

Listed on
Oct 6, 2015
Closed on
Nov 25, 2015
Sold by
Lebaron Robert W
Bought by
Lebaron Kathi S
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Laura Good
Better Homes & Gardens Real Estate SJ Fowler
List Price
$224,900
Sold Price
$222,000
Premium/Discount to List
-$2,900
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%
Original Mortgage
$217,979
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 6, 2015
Closed on
Nov 4, 2015
Sold by
Stacy Holdings West Llc
Bought by
Lebaron Chase M and Lebaron Kathi S
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Laura Good
Better Homes & Gardens Real Estate SJ Fowler
List Price
$224,900
Sold Price
$222,000
Premium/Discount to List
-$2,900
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,979
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2005
Sold by
Stacy Donald W and Stacy Dawn W
Bought by
Stacy Holdings West Llc

Purchase Details

Closed on
May 17, 2005
Sold by
Galvan Trinidad S
Bought by
Stacy Donald W and Stacy Dawn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,375
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2004
Sold by
Galvan Maria
Bought by
Galvan Trinidad S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2004
Sold by
Eder Laurie A
Bought by
Galvan Trinidad S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2003
Sold by
Combs P Douglas
Bought by
Eder Laurie A

Purchase Details

Closed on
Jan 27, 2003
Sold by
Combs P Douglas
Bought by
Eder Laurie A

Purchase Details

Closed on
Sep 21, 1999
Sold by
Eder Laurie A
Bought by
Combs P Douglas and Eder Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
8.09%

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
Diep Tuong Tuan $690,000 Valleywide Title Agency Llc
Lebaron Kathi S -- Old Republic Title Agency
Lebaron Chase M $222,000 Old Republic Title Agency
Stacy Holdings West Llc -- --
Stacy Donald W $292,500 Fidelity National Title
Galvan Trinidad S -- Security Title Agency
Galvan Trinidad S $260,000 Security Title Agency
Eder Laurie A -- --
Eder Laurie A -- --
Eder Laurie A -- --
Spring Street Real Estate Llc -- --
Combs P Douglas -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lebaron Chase M $362,230
Previous Owner Lebaron Chase M $215,166
Previous Owner Lebaron Chase M $217,979
Previous Owner Stacy Donald W $219,375
Previous Owner Galvan Trinidad S $221,000
Previous Owner Galvan Trinidad S $221,000
Previous Owner Combs P Douglas $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $222,000 -1.3% $64 / Sq Ft
11/17/2015 11/17/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $224,900 -- $65 / 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 $1,455 $14,825 -- --
2024 $1,467 $14,119 -- --
2023 $1,467 $50,860 $10,170 $40,690
2022 $1,382 $36,400 $7,280 $29,120
2021 $1,403 $28,930 $5,780 $23,150
2020 $1,385 $27,880 $5,570 $22,310
2019 $1,292 $23,400 $4,680 $18,720
2018 $1,238 $20,870 $4,170 $16,700
2017 $1,201 $15,280 $3,050 $12,230
2016 $1,179 $14,080 $2,810 $11,270
2015 $1,109 $12,660 $2,530 $10,130
Source: Public Records

Agents Affiliated with this Home

  • Steve Fowler

    Seller's Agent in 2015

    Steve Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 430-5843

    67 Total Sales

    Steve Fowler
    Section Image
  • Steven Cvetanovich

    Seller Co-Listing Agent in 2015

    Steven Cvetanovich

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 323-5672

    43 Total Sales

    Steven Cvetanovich
    Section Image
  • Laura Good

    Buyer's Agent in 2015

    Laura Good

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 649-3536

    46 Total Sales

    Laura Good
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5344615

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-24-110

Arizona Maricopa County Mesa 85201 North Center

1850 N Spring, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 1850 N Spring, Mesa, AZ 85203 since 06 October 2015 and is currently estimated at $786,315, approximately $226 per square foot. This property was built in 1984. 1850 N Spring is a home located in Maricopa County with nearby schools including Lehi Elementary School, Franklin at Brimhall 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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