NOT LISTED FOR SALE

1943 N Spring Mesa, AZ 85203

North Center Neighborhood

Estimated Value: $657,845 - $816,000

-- Bed
-- Bath
3,468 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 30, 2018

Last sale price $294,000 $85 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $4,104/month

6 Days on Market

Highlights

  • Cooling Available
  • Community Playground
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of June 2018

Newer roof, most units are tile, security screen doors on all units, ceiling fans in units, new stoves and washer dryer hookups in all units. One unit has a full remodel in last 2 years.The pictures in the listing represent this unit.

Last Agent to Sell the Property

Robert Folz

Better Homes & Gardens Real Estate SJ Fowler License #SA643035000 Listed on: 05/16/2018

Last Buyer's Agent

LeAnn Divis

Better Homes & Gardens Real Estate SJ Fowler License #SA666328000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,356

Year Built

  • Built in 1984

Lot Details

  • 0.27

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 15
  • Assessor Parcel Number 136-24-119

Community Details

Overview

  • 4 Units
  • Building Dimensions are 11761
  • North Mesa Village Lot 1 30 Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $7,780
  • Net Operating Income $19,169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,356

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr Just South of McKellips
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2018
  • Directions: North On Julep which curves into Spring
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: NORTH MESA VILLAGE LOT 1-30
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, Street Parking
  • Attached Garage: No
  • 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:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Water Sewer Expense: 2700.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 11761
  • Additional Parcels: No
  • Parcel #: 136-24-119

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 900.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 19169.0
  • Annual Operating Expense: 7780.48
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1356.48
  • Tax Book Number: 136.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Lehr Jason Brent and Lehr Julie
Bought by
Pura Vida Management Llc
Current Estimated Value
$755,211

Purchase Details

Closed on
Sep 17, 2021
Sold by
Lehr Jason Brent
Bought by
Pura Vida Management Llc

Purchase Details

Closed on
Jun 11, 2021
Sold by
Lehr Kara
Bought by
Lehr Jason Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2021
Sold by
Lebaron Holding Llc
Bought by
Lehr Jason Brent and Lehr Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 19, 2018
Sold by
Hyder Shelley M
Bought by
Lebaron Holding Llc
Seller's Agent
Robert Folz
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
LeAnn Divis
Better Homes & Gardens Real Estate SJ Fowler
List Price
$299,000
Sold Price
$294,000
Premium/Discount to List
-$5,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%

Purchase Details

Closed on
Apr 6, 2005
Sold by
Fisher Ronald D
Bought by
Hyder Shelley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,960
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 19, 1999
Sold by
Olin Glen C
Bought by
Fisher Leo and Fisher Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
7.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 1997
Sold by
Moore Alvin W and Moore Mary Catherine
Bought by
Olin Glen C

Purchase Details

Closed on
Aug 8, 1996
Sold by
Moore Alvin W and Moore Mary Catherine
Bought by
Moore Alvin W and Moore Mary Catherine
Source: Public Records

Range of Values:

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Average Value
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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
Pura Vida Management Llc -- None Listed On Document
Pura Vida Management Llc -- None Available
Lehr Jason Brent -- Clear Title Agency Of Az
Lehr Jason Brent $595,000 Clear Title Agency Of Az
Lebaron Holding Llc $294,000 Empire West Title Agency Llc
Hyder Shelley M $289,950 Arizona Title Agency Inc
Fisher Leo $148,000 Security Title Agency
Olin Glen C $135,000 Security Title Agency
Moore Alvin W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lehr Jason Brent $446,250
Previous Owner Hyder Shelley M $231,960
Previous Owner Fisher Leo $103,600
Closed Hyder Shelley M $28,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2018 06/30/18 Sold $294,000 -1.7% $85 / Sq Ft
05/23/2018 05/23/18 For Sale $299,000 0.0% $86 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $299,000 -- $86 / 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 $1,589 $16,105 -- --
2024 $1,594 $15,338 -- --
2023 $1,594 $53,350 $10,670 $42,680
2022 $1,561 $38,130 $7,620 $30,510
2021 $1,580 $30,520 $6,100 $24,420
2020 $1,559 $29,410 $5,880 $23,530
2019 $1,457 $24,980 $4,990 $19,990
2018 $1,398 $22,520 $4,500 $18,020
2017 $1,356 $16,450 $3,290 $13,160
2016 $1,331 $15,300 $3,060 $12,240
2015 $1,251 $13,460 $2,690 $10,770
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robert Folz

    Better Homes & Gardens Real Estate SJ Fowler

  • LeAnn Divis

    Buyer's Agent in 2018

    LeAnn Divis

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 907-4092

    1 in this area

    8 Total Sales

    LeAnn Divis
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5766530

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-24-119

Arizona Maricopa County Mesa 85203 North Center

1943 N Spring, Mesa, AZ

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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