NOT LISTED FOR SALE

2014 N Hunt Cir Unit 2 Mesa, AZ 85203

North Central Mesa Neighborhood

Estimated Value: $747,250 - $925,000

-- Bed
4 Baths
816 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $530,000 $650 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,470/month

4 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Macarthur Elementary School Rated A-

About This Home

As of July 2020

Don't miss this great investment opportunity in Mesa, AZ! This lovely 4-plex has 2bed/1 bath units and the building is located on a cul-de-sac street. Each of the upstairs units have a balcony and the downstairs units have a patio area, facing east for evening shade. Extremely well-maintained and all units are currently occupied by tentants. There is 1 designated parking spot per unit, plus 2 extra first come/first serve and street parking near by. The exterior was just painted, 2 of the HVAC Systems are less than a year old, Gutters installed in 2020, Landscaping regraded in 2019. Expand your rental portfolio today!

Last Agent to Sell the Property

Alisha Anderson

Real Broker License #SA632752000 Listed on: 05/25/2020

Real Broker

Co-Listed By

Paul Anderson

Real Broker License #SA681201000

Last Buyer's Agent

Jason Shepherd

SRGC West License #BR555335000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1983

Lot Details

  • 8,233

Home Design

  • Composition Roof
  • Metal Construction or Metal Frame
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Macarthur Elementary School
  • Stapley Junior High School
  • Mountain View High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 136-07-160

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8220
  • North Gate Gardens Lot 1 11 Subdivision

Building Details

  • Operating Expense $5,468
  • Gross Income $33,117
  • Net Operating Income $30,924

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,532

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Stapely and McKellips
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2019
  • Road Surface Type: Dedicated Street
  • Co List Office Mls Id: wusa04
  • Co List Office Phone: 480-820-3333
  • Subdivision Name: NORTH GATE GARDENS LOT 1-11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Add'l Parking Avail, 1 Space/Unit
  • 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:Add_squote_l Parking Avail: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1452.0

Schools

  • Elementary School: MacArthur Elementary School
  • High School: Mountain View High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Stapley Junior High School

Lot Info

  • Lot Size: 8220
  • Additional Parcels: No
  • Parcel #: 136-07-160

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 33117.0
  • Insurance Expense: 1704.0
  • Property Net Operating Income: 30924.0
  • Annual Operating Expense: 5468.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1532.0
  • Tax Book Number: 136.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Let Me Be Frankly Llc
Bought by
Hunt Circle Llc
Current Estimated Value
$821,563

Purchase Details

Closed on
Sep 22, 2020
Sold by
Mavroidis Debra
Bought by
Let Me Be Frankly Llc

Purchase Details

Listed on
May 25, 2020
Closed on
Jul 10, 2020
Sold by
Mavroidis Demetrios
Bought by
Mavroidis Debra
Seller's Agent
Alisha Anderson
Real Broker
Buyer's Agent
Jason Shepherd
SRGC West
List Price
$495,000
Sold Price
$530,000
Premium/Discount to List
$35,000
7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$260,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2020
Closed on
Jul 7, 2020
Sold by
Ritchie Deborah Ann and Jane E Ritchie Trust
Bought by
Mavroidis Debra
Seller's Agent
Alisha Anderson
Real Broker
Buyer's Agent
Jason Shepherd
SRGC West
List Price
$495,000
Sold Price
$530,000
Premium/Discount to List
$35,000
7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hunt Circle Llc $775,000 First Integrity Title Agency O
Let Me Be Frankly Llc -- First Integrity Title Agency
Mavroidis Debra -- First Integrity Title Agency
Mavroidis Debra $530,000 First Integrity Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mavroidis Debra $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $530,000 +7.1% $650 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $495,000 -- $607 / 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 $1,670 $16,932 -- --
2024 $1,676 $16,126 -- --
2023 $1,676 $56,860 $11,370 $45,490
2022 $1,641 $43,360 $8,670 $34,690
2021 $1,661 $37,620 $7,520 $30,100
2020 $1,639 $33,410 $6,680 $26,730
2019 $1,532 $27,950 $5,590 $22,360
2018 $1,470 $24,710 $4,940 $19,770
2017 $1,426 $21,600 $4,320 $17,280
2016 $1,400 $19,550 $3,910 $15,640
2015 $1,316 $18,620 $3,720 $14,900
Source: Public Records

Agents Affiliated with this Home

  • Alisha Anderson

    Seller's Agent in 2020

    Alisha Anderson

    Real Broker

    (480) 900-9140

    8 in this area

    294 Total Sales

    Alisha Anderson
    Section Image
  • Paul Anderson

    Seller Co-Listing Agent in 2020

    Paul Anderson

    Real Broker

    (480) 299-4072

    4 in this area

    163 Total Sales

    Paul Anderson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6082568

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-07-160

Arizona Maricopa County Mesa 85203 North Central Mesa

2014 N Hunt Cir Unit 2, Mesa, AZ

Not Listed 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

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