$775,000

1861 N Spring -- Mesa, AZ 85203

North Center Neighborhood

Estimated payment $4,187/month

Total Views 4,075
-- 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.

Listing Agent

Silvia Deltoro

My Home Group Real Estate License #SA701849000 Listed on: 08/07/2025

My Home Group Real Estate

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,479

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Mckellips and Mesa Dr. south to Julep east to Spr
  • 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
  • Subdivision Name: NORTH MESA VILLAGE
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 5112.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 6970
  • Additional Parcels: No
  • Parcel #: 136-24-125

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 65820.0
  • Annual Operating Expense: 8415.0

Tax Info

  • Tax Annual Amount: 1479.0
  • Tax Book Number: 136.00
  • Tax Lot: 21

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

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 $1,487 $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

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-24-125

Arizona Maricopa County Mesa 85203 North Center

1861 N Spring --, Mesa, AZ

For Sale

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

Nearby Homes
Listing Agent
Silvia Deltoro
Section Image
My Home Group Real Estate