NOT LISTED FOR SALE

Estimated Value: $501,648 - $778,000

-- Bed
-- Bath
3,240 Sq Ft
$195/Sq Ft Est. Value

Last Sold April 15, 2014

Last sale price $224,500 $69 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $3,458/month

5 Days on Market

Highlights

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

About This Home

As of April 2014

WOW! Great investment Opportunity!! Wonderful Location! Close to schools, shopping and more! Three separate living quarters! 2 (2 bedroom units, vacant) 1 (4 bedroom unit occupied at 850.00 per month) tenants willing to renew. All have full kitchens with plenty of cabinet space and white appliances! Like new front loaders stackable washer and dryer Plenty of room for entire families! This entire property and all units are very clean and turn key.Come check out this prime piece of property today!
NEW ROOF AND ALL NEW AC UNITS IN 2006

LARGE WHITE BOX STORAGE CONTAINER DOES NOT CONVEY WITH PROPERTY. Owner will be taking that with them.

Last Agent to Sell the Property

Joseph Cabalar

HomeSmart License #SA627788000 Listed on: 02/28/2014

Co-Listed By

Bill Calvoni

HomeSmart License #SA538755000

Last Buyer's Agent

Lorna Hale

Realty ONE Group License #SA650345000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,051

Year Built

  • Built in 1982

Lot Details

  • 0.26

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

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

Schools

  • Whitman Elementary School
  • Westwood High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 10
  • Assessor Parcel Number 136-23-286-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 11,500
  • Old West Valley Subdivision

Building Details

  • Operating Expense $1,051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,051

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Center and McKellips
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Mulity Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reax23
  • Co List Office Phone: 480-451-9339
  • Subdivision Name: Old West Valley
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: 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, Assigned, Add'l Parking Avail, >1 Space Per Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Heat Pump, Electric
  • 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

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Whitman Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 11,500
  • Additional Parcels: No
  • Parcel #: 136-23-286-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 1051.44

Tax Info

  • Tax Annual Amount: 1051.44
  • Tax Book Number: 136.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Meeds Wilfred
Bought by
Future Hope 2 Llc
Current Estimated Value
$631,162

Purchase Details

Closed on
Sep 5, 2018
Sold by
Bohall Craig A and Bohall Shannon E
Bought by
Meeds Wilfred V and Meeds Arlene

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
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2014
Closed on
Apr 11, 2014
Sold by
Petrasek John B and Petrasek Tina H
Bought by
Bohall Craig A and Bohall Shannon E
Seller's Agent
Joseph Cabalar
HomeSmart
Buyer's Agent
Lorna Hale
Realty ONE Group
List Price
$220,000
Sold Price
$224,500
Premium/Discount to List
$4,500
2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$220,433
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2002
Sold by
Hendron Frank E and Hendron Shirley R
Bought by
Hendron Frank E and Hendron Shirley R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Future Hope 2 Llc -- --
Meeds Wilfred V $305,000 Chicago Title Agency Inc
Bohall Craig A $224,500 Chicago Title Agency Inc
Hendron Frank E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meeds Wilfred V $228,750
Previous Owner Bohall Craig A $220,433
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2014 04/15/14 Sold $224,500 +2.0% $69 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $220,000 -- $68 / 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 $1,617 $16,394 -- --
2024 $1,622 $15,613 -- --
2023 $1,622 $48,270 $9,650 $38,620
2022 $1,589 $38,180 $7,630 $30,550
2021 $1,608 $31,270 $6,250 $25,020
2020 $1,587 $28,010 $5,600 $22,410
2019 $1,483 $23,720 $4,740 $18,980
2018 $1,423 $21,370 $4,270 $17,100
2017 $1,381 $19,820 $3,960 $15,860
2016 $1,355 $19,150 $3,830 $15,320
2015 $1,274 $16,380 $3,270 $13,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5077117

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-23-286A