Seller's Agent in 2025
Ben Arredondo
My Home Group Real Estate
(480) 206-7077
1 in this area
466 Total Sales
1856 N Spring -- Mesa, AZ 85203
North Center NeighborhoodEstimated Value: $667,830 - $768,000
--
Bed
4
Baths
867
Sq Ft
$853/Sq Ft
Est. Value
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 2025An 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
My Home Group Real Estate License #SA556873000 Listed on: 03/20/2025
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
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
Steven Lucero
M&B Realty
List Price
$775,000
Sold Price
$755,000
Premium/Discount to List
-$20,000
-2.58%
Views
21
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
-$15,792
Avg. Annual Appreciation
-6.39%
Original Mortgage
$717,250
Outstanding Balance
$716,629
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$22,579
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%
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 |
|---|---|---|---|
| Lucero Andrew | $755,000 | Az Title Agency | |
| 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 | Lucero Andrew | $717,250 | |
| Previous Owner | 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 | 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 | 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
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
-
Ben Arredondo
-
James Roberts
Seller Co-Listing Agent in 2025
James Roberts
My Home Group
(480) 227-4141
2 in this area
14 Total Sales
-
Steven Lucero
S
Buyer's Agent in 2025
Steven Lucero
M&B Realty
(480) 332-1820
1 in this area
7 Total Sales
-
Estelle Bertola
E
Seller's Agent in 2021
Estelle Bertola
Arizona Homes Plus
(480) 755-7315
1 in this area
7 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6838360
APN: 136-24-111
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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