NOT LISTED FOR SALE

1856 N Spring Mesa, AZ 85203

North Center Neighborhood

Estimated Value: $759,000 - $770,000

-- Bed
-- Bath
3,468 Sq Ft
$220/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $344,900 $99 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,360/month

39 Days on Market

Highlights

  • Cooling Available
  • Community Playground
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A
  • Community Barbecue Grill

About This Home

As of August 2018

Seller May Carry, Seller May Carry Super Location, Just Minutes to Downtown Mesa, Tempe or Scottsdale. Near the 202 and 101 Freeway. Newer Roof, Air Conditioners and Windows. Almost all Units Have Been Updated with Flooring, Counters, Back Splashes and More. One of the Largest Lots in the Subdivision and a Play Area Adjacent to the Building. Good Cash Flow and Easy to Maintain. Great for Investor. Seller May Carry. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction.

Last Listed By

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 05/28/2018

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,249

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

  • Edison Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 7
  • Assessor Parcel Number 136-24-111

Community Details

Overview

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

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Building Details

  • Operating Expense $9,273
  • Gross Income $31,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,249

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: MCKELLIPS & MESA DRIVE
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2017
  • Directions: South to Julep, Make Left to Spring
  • 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

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Painted, 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:Paved Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual, None, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2400.0

Schools

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

Lot Info

  • Lot Size: 9583 SQFT
  • Additional Parcels: No
  • Parcel #: 136-24-111

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 31920.0
  • Insurance Expense: 1400.0
  • Maintenance Expense: 1800.0
  • Annual Operating Expense: 9273.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1249.0
  • Tax Book Number: 136.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2021
Sold by
Sun William W and Sun Meghan Avels
Bought by
Nguyen Phuong Thi and Tam Merrick Herrera
Total Days on Market
39
Current Estimated Value
$764,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Outstanding Balance
$420,240
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$344,186

Purchase Details

Closed on
Sep 2, 2020
Sold by
William Sun
Bought by
Sun William W and Avels Sun Meghan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,200
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2018
Closed on
Aug 2, 2018
Sold by
Wyble Rocky
Bought by
Sun William
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Estelle Bertola
Arizona Homes Plus
List Price
$344,900
Sold Price
$344,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%
Original Mortgage
$258,675
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 28, 2018
Closed on
Jul 30, 2018
Sold by
Sun Meghan
Bought by
Sun William
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Estelle Bertola
Arizona Homes Plus
List Price
$344,900
Sold Price
$344,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,675
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 15, 2010
Sold by
Wyble Estella T
Bought by
Wyble Rocky

Purchase Details

Closed on
Sep 1, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wyble Rocky

Purchase Details

Closed on
Nov 30, 2009
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 16, 2008
Sold by
Vatistas John
Bought by
1856 N Spring St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2008
Sold by
Vatistas John
Bought by
1856 N Spring St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2007
Sold by
Vatistas Tasha
Bought by
Vatistas John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2002
Sold by
Portillo Luz Elena
Bought by
Portillo Jose David

Purchase Details

Closed on
Sep 5, 2001
Sold by
Avalos Marisela
Bought by
Avalos Nicolas

Purchase Details

Closed on
Oct 7, 1998
Sold by
North William C and North Martha E
Bought by
Vega Felipe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,064
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 1997
Sold by
North William C
Bought by
North William C and North Martha E

Purchase Details

Closed on
Feb 4, 1997
Sold by
North Martha E
Bought by
North William C

Purchase Details

Closed on
Jul 19, 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
$95,900
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 1995
Sold by
Schillinger Albert J
Bought by
Dewey Donna and 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
$95,900
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1994
Sold by
Phoenix M G P Inc
Bought by
Schillinger Albert J and The Nationwide Mtg Plan & Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,950
Interest Rate
7.38%

Purchase Details

Closed on
Mar 24, 1994
Sold by
Terra Marketing Inc
Bought by
Phoenix M G P Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,950
Interest Rate
7.38%

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
Nguyen Phuong Thi $610,000 Az Title Agency Llc
Sun William W -- Magnus Title Agency
Sun William $344,900 Old Republic Title Agency
Sun William -- Old Republic Title Agency
Wyble Rocky -- First American Title Ins Co
Wyble Rocky $78,000 First American Title Ins Co
Federal Home Loan Mortgage Corp -- First American Title
Bac Home Loans Servicing Lp $140,000 First American Title
1856 N Spring St Llc -- Camelback Title Agency
1856 N Spring St Llc -- None Available
Vatistas John -- Camelback Title Agency Llc
Vatistas John $230,000 Camelback Title Agency Llc
Portillo Jose David -- --
Portillo Jose David $177,500 --
Avalos Nicolas -- Security Title Agency
Avalos Nicolas $175,000 Security Title Agency
Vega Felipe M $147,900 Arizona Title Agency Inc
North William C -- --
North William C -- Stewart Title & Trust
North William C $133,000 Stewart Title & Trust
Carlson Rebecca -- Chicago Title Insurance Co
Dewey Donna $119,900 Chicago Title Insurance Co
Schillinger Albert J -- --
Schillinger Albert J -- Grand Canyon Title
Phoenix M G P Inc -- Grand Canyon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Phuong Thi $137,072
Open Nguyen Phuong Thi $457,500
Previous Owner Sun William W $254,200
Previous Owner Sun William $258,675
Previous Owner Vatistas John $172,500
Previous Owner Portillo Jose David $181,550
Previous Owner Vega Felipe M $146,064
Previous Owner Dewey Donna $95,900
Previous Owner Schillinger Albert J $59,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $344,900 0.0% $99 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
05/28/2018 05/28/18 For Sale $344,900 -- $99 / 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 $1,437 $36,400 $7,280 $29,120
2021 $1,454 $28,930 $5,780 $23,150
2020 $1,435 $27,880 $5,570 $22,310
2019 $1,341 $23,400 $4,680 $18,720
2018 $1,287 $20,870 $4,170 $16,700
2017 $1,249 $15,280 $3,050 $12,230
2016 $1,226 $14,080 $2,810 $11,270
2015 $1,152 $12,660 $2,530 $10,130
Source: Public Records

Agents Affiliated with this Home

  • Steve Fowler

    Seller's Agent in 2018

    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 2018

    Steven Cvetanovich

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 323-5672

    43 Total Sales

    Steven Cvetanovich
    Section Image

  • E

    Buyer's Agent in 2018

    Estelle Bertola

    Arizona Homes Plus

    (480) 755-7315

    1 in this area

    10 Total Sales

    Estelle Bertola
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5772186

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-24-111

Arizona Maricopa County Mesa 85201 North Center

1856 N Spring, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 1856 N Spring, Mesa, AZ 85203 since 28 May 2018 and is currently estimated at $764,426, approximately $220 per square foot. This property was built in 1984. 1856 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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