1861 N Spring -- Mesa, AZ 85203
North Center NeighborhoodEstimated payment $4,337/month
Total Views
1,627
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Wood Flooring
- Cooling Available
- Heating Available
- Franklin at Brimhall Elementary School Rated A
About This Home
Cash flowing fourplex in the heart of North Mesa! All units are currently leased. Each 2 Bed, 1 Bath unit includes private laundry hookups. This low maintenance, high demand rental asset is perfect for investors seeking stability and long term growth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,479
Year Built
- Built in 1984
Home Design
- Wood Frame Construction
- Composition Roof
Flooring
- Wood Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number 136-24-125
Community Details
Overview
- 4 Units
- Building Dimensions are 6970
- North Mesa Village Subdivision
Building Details
- Operating Expense $8,415
- Gross Income $65,820
Map
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Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | For Sale | $775,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $674,000 | Driggs Title Agency | |
| Warranty Deed | $674,000 | Driggs Title Agency | |
| Warranty Deed | $479,000 | First Integrity Ttl Agcy Of | |
| Interfamily Deed Transfer | -- | First Integrity Title Agency | |
| Warranty Deed | $274,550 | Clear Title Agency Of Arizon | |
| Warranty Deed | $140,000 | Stewart Title & Trust Of Pho | |
| Quit Claim Deed | -- | Stewart Title & Trust Of Pho | |
| Special Warranty Deed | $290,000 | None Available | |
| Warranty Deed | $290,000 | Tsa Title Agency | |
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Warranty Deed | $219,000 | Security Title Agency | |
| Interfamily Deed Transfer | -- | -- | |
| Cash Sale Deed | $128,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $661,792 | FHA | |
| Previous Owner | $359,250 | New Conventional | |
| Previous Owner | $205,912 | New Conventional | |
| Previous Owner | $137,464 | FHA | |
| Previous Owner | $232,000 | New Conventional | |
| Previous Owner | $21,900 | Credit Line Revolving | |
| Previous Owner | $175,200 | Purchase Money Mortgage | |
| Previous Owner | $175,200 | Purchase Money Mortgage | |
| Closed | $29,000 | No Value Available |
Source: Public Records
Similar Homes in Mesa, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6902100
APN: 136-24-125
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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