NOT LISTED FOR SALE

Estimated Value: $429,464 - $791,000

5 Beds
-- Bath
3,468 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2017

Last sale price $245,000 $71 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $3,550 / mo

62 Days on Market

Highlights

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

About This Home

As of March 2017

Fully 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

Gentry Real Estate License #SA634613000 Listed on: 12/21/2016

Gentry Real Estate

Last Buyer's Agent

Srinivasa Male

West USA Realty License #SA639709000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1984

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

  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,246

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: McKellips & Mesa Drive
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2016
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • 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

Utilities

  • Electric: SRP
  • Cooling: Electric, Heat Pump
  • 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:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Partially Fenced: Yes

Fee Information

  • Annual Water Sewer Expense: 3084.0

Schools

  • Elementary School: Lehi Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 3648
  • Additional Parcels: No
  • Parcel #: 136-24-126

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Electric Expense: 420.0
  • Annual Gross Income: 24510.0
  • Insurance Expense: 1160.0
  • Maintenance Expense: 3376.0
  • Property Net Operating Income: 14597.0
  • Annual Operating Expense: 11110.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1246.0
  • Tax Book Number: 136.00
  • Tax Lot: 22

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

Listed on
Dec 21, 2016
Closed on
Mar 16, 2017
Sold by
Bought by
Seller's Agent
James Thornton
Gentry Real Estate
Buyer's Agent
Srinivasa Male
West USA Realty
List Price
$274,900
Sold Price
$245,000
Premium/Discount to List
-$29,900
-10.88%
Current Estimated Value
$634,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,308
Avg. Annual Appreciation
11.60%
Original Mortgage
$181,425
Interest Rate
0.0417%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2013
Sold by
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
$108,000
Interest Rate
0.0338%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2008
Sold by
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
$105,000
Interest Rate
0.056%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 8, 2008
Sold by
Bought by

Purchase Details

Closed on
May 4, 2006
Sold by
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
$260,000
Interest Rate
0.0875%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2005
Sold by
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
$221,250
Interest Rate
0.0562%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
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
$221,250
Interest Rate
0.0562%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2003
Sold by
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
$189,900
Interest Rate
0.0824%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 1997
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$241,900 Security Title Agency
-- Driggs Title Agency Inc
$140,000 First American Title Ins Co
-- Fidelity Natl Title Ca Ii
$283,256 None Available
$325,000 First American Title Ins Co
-- --
-- --
$295,000 --
$211,000 --
-- --
$135,000 Ati Title Agency
-- Chicago Title Insurance Co
$131,000 Chicago Title Insurance Co
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
Closed $320,000
Closed $318,500
Closed $181,425
Closed $108,000
Closed $106,300
Closed $105,000
Closed $65,000
Closed $260,000
Closed $221,250
Closed $189,900
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
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

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 $1,487 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5538287

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-24-126

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