NOT LISTED FOR SALE

1865 N Spring -- Mesa, AZ 85203

North Center Neighborhood

Estimated Value: $639,374 - $807,000

-- Bed
4 Baths
867 Sq Ft
$846/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $410,000 $473 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,968/month

Highlights

  • Cooling Available
  • Community Playground
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of June 2019

Updated 4-plex. Great ROI.

Last Agent to Sell the Property

Angela Johnson

Bullseye Property Management, LLC License #SA646383000 Listed on: 06/13/2019

Last Buyer's Agent

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,258

Year Built

  • Built in 1984

Lot Details

  • 6,970

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 20
  • Assessor Parcel Number 136-24-124

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6970
  • North Mesa Village Lot 1 30 Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $8,367
  • Gross Income $41,076
  • Net Operating Income $41,076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,258

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH MESA VILLAGE LOT 1-30
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

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: Play Area

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Trash Expense: 4400.0

Lot Info

  • Lot Size: 6970
  • Additional Parcels: No
  • Parcel #: 136-24-124

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 41076.0
  • Insurance Expense: 885.0
  • Property Net Operating Income: 41076.0
  • Annual Operating Expense: 8367.0

Tax Info

  • Tax Annual Amount: 1258.0
  • Tax Book Number: 136.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2020
Sold by
Simcock Patrick
Bought by
Simcock Patrick and Patrick Simcock Revocable Trus
Current Estimated Value
$733,594

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jun 13, 2019
Sold by
K & D Dwellings Llc
Bought by
Simcock Patrick
Seller's Agent
Angela Johnson
Bullseye Property Management, LLC
Buyer's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$237,750
Outstanding Balance
$209,040
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$524,554

Purchase Details

Closed on
Dec 22, 2014
Sold by
Johnson Kenneth E
Bought by
K & D Dwellings Llc

Purchase Details

Listed on
Nov 6, 2012
Closed on
Feb 22, 2013
Sold by
Carnelian Properties Llc
Bought by
Johnson Kenneth E
Seller's Agent
Randy Fields
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
David Johnson
Dave Johnson Realty
List Price
$185,000
Sold Price
$177,500
Premium/Discount to List
-$7,500
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$133,125
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2012
Closed on
Feb 21, 2013
Sold by
Johnson Becky
Bought by
Johnson Kenneth E
Seller's Agent
Randy Fields
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
David Johnson
Dave Johnson Realty
List Price
$185,000
Sold Price
$177,500
Premium/Discount to List
-$7,500
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,125
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2010
Sold by
Wells Fargo Bank Na
Bought by
Carnelian Properties Llc

Purchase Details

Closed on
Oct 5, 2009
Sold by
Fonseca Gabriel
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 24, 2006
Sold by
Fonseca Rumualda
Bought by
Fonseca Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 25, 2006
Sold by
Mecham David
Bought by
Fonseca Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2005
Sold by
Buss Paul D and Buss Charlamae E
Bought by
Mecham David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 1996
Sold by
Nunez David A and Nunez Guadalupe C
Bought by
Buss Paul D and Buss Charlamae E

Purchase Details

Closed on
Jan 3, 1995
Sold by
S & R Properties Inc
Bought by
Nunez David A and Nunez Guadalupe C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,012
Interest Rate
9.28%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Simcock Patrick -- None Available
Simcock Patrick $410,000 Empire West Title Agency Llc
K & D Dwellings Llc -- None Available
Johnson Kenneth E $177,500 Dhi Title Agency
Johnson Kenneth E -- Dhi Title Agency
Carnelian Properties Llc $100,500 Guaranty Title Agency
Wells Fargo Bank Na $101,150 Accommodation
Fonseca Gabriel -- First American Title Ins Co
Fonseca Gabriel $312,000 First American Title Ins Co
Mecham David G $215,000 Fidelity National Title
Buss Paul D $137,000 Chicago Title Insurance Co
Nunez David A $120,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simcock Patrick $237,750
Previous Owner Johnson Kenneth E $133,125
Previous Owner Johnson Kenneth E $133,125
Previous Owner Fonseca Gabriel $234,000
Previous Owner Fonseca Gabriel $234,000
Previous Owner Mecham David G $203,000
Previous Owner Nunez David A $7,012
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2019 06/19/19 Sold $410,000 0.0% $473 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $410,000 +131.0% $473 / Sq Ft
02/26/2013 02/26/13 Sold $177,500 -4.1% $205 / Sq Ft View Prior Sale
01/18/2013 01/18/13 Pending -- -- --
11/06/2012 11/06/12 For Sale $185,000 -- $213 / 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 $1,487 $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

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Angela Johnson

    Bullseye Property Management, LLC

    (480) 570-5186

    20 Total Sales

    Angela Johnson
    Section Image

  • J

    Buyer's Agent in 2019

    James Stephens

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 672-3526

    1 in this area

    51 Total Sales

    James Stephens
    Section Image

  • R

    Seller's Agent in 2013

    Randy Fields

    Berkshire Hathaway HomeServices Arizona Properties

    Section Image

  • D

    Buyer's Agent in 2013

    David Johnson

    Dave Johnson Realty

    (520) 906-8111

    2 in this area

    46 Total Sales

    David Johnson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5939364

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-24-124

Arizona Maricopa County Mesa 85203 North Center

1865 N Spring --, Mesa, AZ

Not Listed for Sale

MultiFamily

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

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