$755,000
SOLD AUG 22, 2025
-- Bed
-- Bath
867 Sq Ft
1984 Built

Recently Sold

$871 Per Sq Ft

3% Below List Price

79 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of August 2025

An extraordinary investment opportunity in this desirable North Mesa community! All 4 turnkey units are 2 bedroom, 1 bathroom that boast 867 sq ft with private washer & dryer hookup. All units are individually metered electric. A savvy investor can convert the large 139 sq ft (11.6ft x 12ft) patio and large 76 sq ft (11.6 ft x 6.6ft) laundry room into a 3rd bedroom and 2 bathroom. Large open side yard can be enclosed into private yards for tenants. The City of Mesa Section 8 Housing Choice Voucher Program provides housing assistance with the following payment standards as followed $1,720 for 2 bedroom units, and $2,318 for 3 bedroom units. This lucrative Fourplex opportunity has the potential of producing $82,560 to $111,264 yearly gross income.

Last Agent to Sell the Property

Ben Arredondo

My Home Group Real Estate License #SA556873000 Listed on: 03/20/2025

My Home Group Real Estate

Co-Listed By

James Roberts

My Home Group Real Estate License #SA639379000

Last Buyer's Agent

rSteven Lucero

M&B Realty License #SA531661000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking
  • Assigned Parking

Schools

  • Keller Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Central Air
  • Individual Controls for Heating

Listing and Financial Details

  • 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 Subdivision

Building Details

  • Operating Expense $3,279
  • Gross Income $82,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,455

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: E McKellips Rd & N Mesa Dr
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: NORTH MESA VILLAGE
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • 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: Free-Standing Range, Disposal, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved, Assigned, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Other

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Keller 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: 9583 SQFT
  • Additional Parcels: No
  • Parcel #: 136-24-111

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 82560.0
  • Annual Operating Expense: 3279.0

Tax Info

  • Tax Annual Amount: 1455.0
  • Tax Book Number: 136.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
Aug 12, 2025
Sold by
Nguyen Phuong Thi and Tam Merrick Herrera
Bought by
Lucero Andrew
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
rSteven Lucero
M&B Realty
List Price
$775,000
Sold Price
$755,000
Premium/Discount to List
-$20,000
-2.58%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.47%
Original Mortgage
$717,250
Outstanding Balance
$716,629
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$23,487

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 1, 2021
Sold by
Sun William W and Sun Meghan Avels
Bought by
Nguyen Phuong Thi and Tam Merrick Herrera
Seller's Agent
Estelle Bertola
Arizona Homes Plus
Buyer's Agent
James Roberts
My Home Group Real Estate
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$457,500
Interest Rate
2.7%
Mortgage Type
New Conventional

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

Closed on
Aug 2, 2018
Sold by
Wyble Rocky
Bought by
Sun William

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
Jul 30, 2018
Sold by
Sun Meghan
Bought by
Sun William

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%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $755,000 Az Title Agency
Warranty Deed $610,000 Az Title Agency Llc
Interfamily Deed Transfer -- Magnus Title Agency
Warranty Deed $344,900 Old Republic Title Agency
Interfamily Deed Transfer -- Old Republic Title Agency
Interfamily Deed Transfer -- First American Title Ins Co
Cash Sale Deed $78,000 First American Title Ins Co
Corporate Deed -- First American Title
Trustee Deed $140,000 First American Title
Warranty Deed -- Camelback Title Agency
Warranty Deed -- None Available
Interfamily Deed Transfer -- Camelback Title Agency Llc
Warranty Deed $230,000 Camelback Title Agency Llc
Interfamily Deed Transfer -- --
Warranty Deed $177,500 --
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $175,000 Security Title Agency
Warranty Deed $147,900 Arizona Title Agency Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Stewart Title & Trust
Warranty Deed $133,000 Stewart Title & Trust
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $119,900 Chicago Title Insurance Co
Quit Claim Deed -- --
Quit Claim Deed -- Grand Canyon Title
Trustee Deed -- Grand Canyon Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $717,250 New Conventional
Previous Owner $457,500 New Conventional
Previous Owner $254,200 New Conventional
Previous Owner $258,675 Seller Take Back
Previous Owner $172,500 Purchase Money Mortgage
Previous Owner $146,064 FHA
Previous Owner $95,900 New Conventional
Previous Owner $59,950 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2025 08/22/25 Sold $755,000 -2.6% $871 / Sq Ft
06/07/2025 06/07/25 Price Changed $775,000 0.0% $894 / Sq Ft
06/07/2025 06/07/25 For Sale $775,000 0.0% $894 / Sq Ft
03/20/2025 03/20/25 For Sale $775,000 +27.0% $894 / Sq Ft
09/07/2021 09/07/21 Sold $610,000 -6.2% $704 / Sq Ft View Prior Sale
08/10/2021 08/10/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $650,000 -- $750 / 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 $1,463 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6838360

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-24-111