NOT LISTED FOR SALE

1945 N Center St Mesa, AZ 85201

North Center Neighborhood

Estimated Value: $416,506 - $606,000

-- Bed
-- Bath
2,368 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $195,000 $82 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,865/month

12 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of March 2016

Great investment property, 3 units with 2 bedrooms and one bath. Property is close to Loop 202, schools, bus stop and shopping. DRIVE BY ONLY!!!. DO NOT DISTURB TENANTS, NO SIGN ON PROPERTY.

Last Agent to Sell the Property

Alan Cooper

American Realty Brokers License #SA650221000 Listed on: 02/10/2016

American Realty Brokers

Last Buyer's Agent

Luis Alonso

HomeSmart License #SA535406000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $888

Year Built

  • Built in 1983

Lot Details

  • 10,324

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 136-23-276

Community Details

Overview

  • 3 Units
  • Building Dimensions are 10311
  • Old West Valley Subdivision

Building Details

  • Operating Expense $6,088
  • Gross Income $22,200
  • Net Operating Income $17,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$888

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Center & McKellips
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2015
  • Directions: South on Center to Jasmine, east to first left turn, last building on left.
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: OLD WEST VALLEY
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 10311
  • Additional Parcels: No
  • Parcel #: 136-23-276

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 22200.0
  • Insurance Expense: 1300.0
  • Property Net Operating Income: 17000.0
  • Annual Operating Expense: 6087.82

Tax Info

  • Tax Annual Amount: 887.82
  • Tax Book Number: 136.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2016
Closed on
Apr 5, 2016
Sold by
Alan L Cooper & Ada Jean Cooper Llc
Bought by
Perez Julio C and Perez Dora
Seller's Agent
Alan Cooper
American Realty Brokers
Buyer's Agent
Luis Alonso
HomeSmart
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$525,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,127
Avg. Annual Appreciation
11.36%
Original Mortgage
$191,468
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2015
Sold by
Cooper Alan Lynn and Cooper Ada Jean
Bought by
Alan L & Ada J Cooper Llc

Purchase Details

Closed on
Jul 23, 2009
Sold by
Nguyen Thomas and Nguyen Tina
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 25, 2009
Sold by
U S Bank National Association
Bought by
Cooper Alan Lynn and Cooper Ada Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2008
Sold by
Nguyen Thomas and Nguyen Tina
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 7, 2008
Sold by
Nguyen Thomas and Nguyen Tina
Bought by
3T Center Llc

Purchase Details

Closed on
Jan 27, 2006
Sold by
Austin Gary F and Austin Judith Ann
Bought by
Nguyen Thomas and Nguyen Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.21%
Mortgage Type
New Conventional
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
Perez Julio C $195,000 Great Amer Title Agency Inc
Alan L & Ada J Cooper Llc -- None Available
Cooper Alan Lynn $104,000 Great American Title Agency
Wells Fargo Bank Na $210,000 Great American Title Agency
3T Center Llc -- Lawyers Title Insurance Corp
Nguyen Thomas $230,000 Ticor Title Agency Of Az Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Julio C $265,567
Closed Perez Julio C $191,468
Previous Owner Cooper Alan Lynn $78,000
Previous Owner Nguyen Thomas $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $195,000 0.0% $82 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $195,000 -- $82 / 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 $1,102 $11,232 -- --
2024 $1,112 $10,697 -- --
2023 $1,112 $34,660 $6,930 $27,730
2022 $1,089 $27,680 $5,530 $22,150
2021 $1,102 $23,550 $4,710 $18,840
2020 $1,088 $21,610 $4,320 $17,290
2019 $1,016 $17,960 $3,590 $14,370
2018 $975 $15,920 $3,180 $12,740
2017 $946 $13,670 $2,730 $10,940
2016 $929 $13,080 $2,610 $10,470
2015 $873 $11,120 $2,220 $8,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Alan Cooper

    American Realty Brokers

    Section Image

  • L

    Buyer's Agent in 2016

    Luis Alonso

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5397245

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-23-276

Arizona Maricopa County Mesa 85201 North Center

1945 N Center St, Mesa, AZ

This home is located at 1945 N Center St, Mesa, AZ 85201 since 10 February 2016 and is currently estimated at $525,127, approximately $221 per square foot. This property was built in 1983. 1945 N Center St is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Kerr Elementary School, and Franklin West Elementary School.

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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