1861 N Spring -- Mesa, AZ 85203
North Center NeighborhoodEstimated payment $4,220/month
Total Views
3,171
--
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 | List to Sale | Price per Sq Ft |
---|---|---|---|---|
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
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6902100

APN: 136-24-125
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