J
Seller's Agent in 2017
James Thornton
Desert Sunrise Realty
1855 N Spring Mesa, AZ 85203
North Center NeighborhoodEstimated Value: $442,589 - $814,000
5
Beds
--
Bath
3,468
Sq Ft
$184/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
- Franklin at Brimhall Elementary School Rated A
About This Home
As of March 2017Fully occupied with long-term tenants. 2 kitchens are newer, all 4 A/C are newer. All hard-surface flooring. Do not disturb tenants.
Last Agent to Sell the Property
James Thornton
Desert Sunrise Realty License #SA634613000 Listed on: 12/21/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,246
Year Built
- Built in 1984
Lot Details
- 6,970
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Schools
- Lehi Elementary School
- Kino Junior High School
- Westwood 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 22
- Assessor Parcel Number 136-24-126
Community Details
Overview
- 4 Units
- Building Dimensions are 3648
Building Details
- Operating Expense $11,110
- Gross Income $24,510
- Net Operating Income $14,597
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2016
Closed on
Mar 16, 2017
Sold by
Thornton James B and Thornton Mimi
Bought by
Male Srinivasa R and Chennamaneni Rajani
Seller's Agent
James Thornton
Desert Sunrise Realty
Buyer's Agent
Srinivasa Male
HomeSmart
List Price
$274,900
Sold Price
$245,000
Premium/Discount to List
-$29,900
-10.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,647
Avg. Annual Appreciation
12.21%
Original Mortgage
$181,425
Interest Rate
4.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 6, 2013
Sold by
Thornton James and Thornton Mimi
Bought by
Thornton James B and Thornton Mimi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Thornton James and Thornton Mimi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 9, 2008
Sold by
Emc Mortgage Corp
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Jan 8, 2008
Sold by
Kim Alice W
Bought by
Emc Mortgage Corp
Purchase Details
Closed on
May 4, 2006
Sold by
Ganji Ramsin J and Ganji Denise L
Bought by
Kim Alice and Kim Alice W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 7, 2005
Sold by
Guerrero Eva V
Bought by
Guerrero Fernando
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 25, 2005
Sold by
Guerrero Fernando
Bought by
Ganji Ramsin J and Ganji Denise L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 2003
Sold by
Guerrero Eve V
Bought by
Guerrero Fernando A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,900
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 13, 1997
Sold by
Dewey Donna and Carlson Rebecca
Bought by
Tafolla Albaro and Tafolla Alma R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 9, 1995
Sold by
Carlson John
Bought by
Carlson Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Male Srinivasa R | $241,900 | Security Title Agency | |
| Thornton James B | -- | Driggs Title Agency Inc | |
| Thornton James | $140,000 | First American Title Ins Co | |
| Federal Home Loan Mortgage Corporation | -- | Fidelity Natl Title Ca Ii | |
| Emc Mortgage Corp | $283,256 | None Available | |
| Kim Alice | $325,000 | First American Title Ins Co | |
| Guerrero Fernando | -- | -- | |
| Guerrero Fernando | -- | -- | |
| Ganji Ramsin J | $295,000 | -- | |
| Guerrero Fernando A | -- | -- | |
| Guerrero Albaro | $211,000 | -- | |
| Tafolla Albaro | $135,000 | Ati Title Agency | |
| Carlson Rebecca | $131,000 | Chicago Title Insurance Co | |
| Dewey Donna | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Male Srinivasa R | $320,000 | |
| Closed | Male Srinivasa R | $318,500 | |
| Closed | Male Srinivasa R | $181,425 | |
| Previous Owner | Thornton James B | $108,000 | |
| Previous Owner | Thronton James | $106,300 | |
| Previous Owner | Thornton James | $105,000 | |
| Previous Owner | Kim Alice W | $65,000 | |
| Previous Owner | Kim Alice | $260,000 | |
| Previous Owner | Ganji Ramsin J | $221,250 | |
| Previous Owner | Guerrero Albaro | $189,900 | |
| Previous Owner | Tafolla Albaro | $121,500 | |
| Previous Owner | Dewey Donna | $104,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2017 03/25/17 | Sold | $245,000 | -5.7% | $71 / Sq Ft |
| 01/29/2017 01/29/17 | Price Changed | $259,900 | -3.7% | $75 / Sq Ft |
| 01/07/2017 01/07/17 | Price Changed | $269,900 | -1.8% | $78 / Sq Ft |
| 12/21/2016 12/21/16 | For Sale | $274,900 | -- | $79 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,479 | $15,070 | -- | -- |
| 2024 | $1,491 | $14,352 | -- | -- |
| 2023 | $1,491 | $50,330 | $10,060 | $40,270 |
| 2022 | $1,460 | $36,070 | $7,210 | $28,860 |
| 2021 | $1,478 | $28,380 | $5,670 | $22,710 |
| 2020 | $1,459 | $27,370 | $5,470 | $21,900 |
| 2019 | $1,363 | $23,770 | $4,750 | $19,020 |
| 2018 | $1,308 | $21,570 | $4,310 | $17,260 |
| 2017 | $1,269 | $15,830 | $3,160 | $12,670 |
| 2016 | $1,246 | $14,450 | $2,890 | $11,560 |
| 2015 | $1,171 | $12,880 | $2,570 | $10,310 |
Source: Public Records
Agents Affiliated with this Home
-
-
Srinivasa Male
S
Buyer's Agent in 2017
Srinivasa Male
HomeSmart
(207) 332-6882
19 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5538287
APN: 136-24-126
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.
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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