Seller's Agent in 2024
Andre Linnartz
R.O.I. Properties
(602) 560-2855
1 in this area
8 Total Sales
20 W University Dr Unit FRNT Mesa, AZ 85201
Evergreen Historic District NeighborhoodEstimated Value: $298,000 - $453,000
--
Bed
--
Bath
--
Sq Ft
6,273
Sq Ft Lot
Highlights
- Ceramic Tile Flooring
- Central Air
- 5-minute walk to Washington Park
- Franklin at Brimhall Elementary School Rated A
- Heating Available
About This Home
As of August 2024Great Duplex Opportunity in growing area. This property is located almost at the corner of University Drive and Center, near Downtown Mesa, Mesa Amphitheatre, and Convention Center.
This investment opportunity holds 2 Units - each are around 860 SF with huge upside potential. The current rents even at current rates are well below the market. Its location makes this a great fix and hold. Units at this size are rare. Large Patios and extra storage space. One of the AC units has just been replaced.
The Car Wash next store is also available which makes this an even better opportunity to redevelop or add more units.
Last Agent to Sell the Property
R.O.I. Properties License #SA685530000 Listed on: 03/10/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $700
Year Built
- Built in 1953
Lot Details
- 6,273
Home Design
- Composition Roof
- Block Exterior
Flooring
- Ceramic Tile Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Over 1 Space Per Unit
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tax Lot 112
- Assessor Parcel Number 137-26-045-K
Community Details
Overview
- 2 Units
- Building Dimensions are 6,273
- Mesa Arizona Subdivision
Building Details
- Operating Expense $700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2024
Closed on
Aug 20, 2024
Sold by
Terraform 17 Llc
Bought by
Azs Best 4 Less Home Services Llc
Seller's Agent
Andre Linnartz
R.O.I. Properties
Buyer's Agent
Evelyn Jimenez
HomeSmart
List Price
$399,000
Sold Price
$300,000
Premium/Discount to List
-$99,000
-24.81%
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,906
Avg. Annual Appreciation
27.03%
Original Mortgage
$225,000
Outstanding Balance
$222,891
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$168,363
Purchase Details
Closed on
Oct 7, 2021
Sold by
Fna Movement Llc
Bought by
Terraform 17 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
May 25, 2021
Sold by
Nicholas Burrus
Bought by
Oak Street Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 5, 2018
Sold by
Dominguez Ruben Pena and Dominguez Beatriz
Bought by
Burruss Nicholas
Purchase Details
Closed on
Oct 15, 2015
Sold by
T&J Pro 28 West Llc
Bought by
Dominquez Ruben Pena and Dominquez Beatriz
Purchase Details
Closed on
Sep 5, 2014
Sold by
28W University Cw Llc
Bought by
T & J Pro 28 West Llc
Purchase Details
Closed on
Jun 3, 2010
Sold by
Bdh Investments Llc and Herseth Bradley D
Bought by
28W University Cw Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 16, 2005
Sold by
Bdh Investments Llc
Bought by
Herseth Bradley D and Kelly Christine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Azs Best 4 Less Home Services Llc | $300,000 | Wfg National Title Insurance C | |
| Terraform 17 Llc | $410,000 | American Title Svc Agcy Llc | |
| Oak Street Properties Llc | $223,000 | American Title Svc Agcy Llc | |
| Burruss Nicholas | $240,000 | None Available | |
| Dominquez Ruben Pena | $200,000 | First Arizona Title Agency | |
| T & J Pro 28 West Llc | $171,000 | First Arizona Title Agency | |
| 28W University Cw Llc | $170,000 | Arizona Escrow & Financial C | |
| Herseth Bradley D | -- | Lawyers Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Azs Best 4 Less Home Services Llc | $225,000 | |
| Previous Owner | Terraform 17 Llc | $400,000 | |
| Previous Owner | Oak Street Properties Llc | $240,000 | |
| Previous Owner | 28W University Cw Llc | $290,000 | |
| Previous Owner | Herseth Bradley D | $121,000 | |
| Previous Owner | Herseth Bradley D | $128,000 | |
| Previous Owner | Paul Larue | $26,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2024 08/13/24 | Sold | $300,000 | 0.0% | -- |
| 07/13/2024 07/13/24 | Pending | -- | -- | -- |
| 07/08/2024 07/08/24 | Price Changed | $300,000 | -14.3% | -- |
| 06/07/2024 06/07/24 | Price Changed | $350,000 | -6.7% | -- |
| 04/30/2024 04/30/24 | Price Changed | $375,000 | -6.0% | -- |
| 03/27/2024 03/27/24 | For Sale | $399,000 | 0.0% | -- |
| 03/14/2024 03/14/24 | Pending | -- | -- | -- |
| 03/10/2024 03/10/24 | For Sale | $399,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $694 | $7,074 | -- | -- |
| 2024 | $700 | $6,737 | -- | -- |
| 2023 | $700 | $24,750 | $3,850 | $20,900 |
| 2022 | $686 | $18,130 | $2,820 | $15,310 |
| 2021 | $694 | $15,030 | $2,340 | $12,690 |
| 2020 | $685 | $13,390 | $2,080 | $11,310 |
| 2019 | $640 | $11,700 | $1,820 | $9,880 |
| 2018 | $614 | $9,450 | $1,470 | $7,980 |
| 2017 | $596 | $8,190 | $1,270 | $6,920 |
| 2016 | $585 | $7,290 | $1,130 | $6,160 |
| 2015 | $550 | $6,640 | $1,030 | $5,610 |
Source: Public Records
Agents Affiliated with this Home
-
Andre Linnartz
-
Terry Kass
Seller Co-Listing Agent in 2024
Terry Kass
R.O.I. Properties
(602) 330-2525
1 in this area
25 Total Sales
-
Evelyn Jimenez
Buyer's Agent in 2024
Evelyn Jimenez
HomeSmart
(602) 399-0660
1 in this area
7 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6675094
APN: 137-26-045K
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.
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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