$325,000
SOLD JUN 24, 2019
-- Bed
-- Bath
2,898 Sq Ft
8,756 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

3% Below List Price

188 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of June 2019

GREAT INVESTMENT OPPORTUNITY IN MESA. NICE 4-PLEX IN A CONVENIENCE LOCATION. 2BEDS, 1BATH IN EACH UNIT. FULLY RENTED, LAUNDRY ONSITE FOR EXTRA INCOME. DRIVE BY ONLY! PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Son Nguyen

Vina Realty License #BR539494000 Listed on: 12/05/2018

Co-Listed By

James S. Rittenhouse

Vina Realty License #SA585869000

Last Buyer's Agent

Armando Nunez

West USA Realty License #SA527126000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $982

Year Built

  • Built in 1973

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces

Schools

  • Robson Elementary School
  • Taylor Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 79
  • Assessor Parcel Number 140-25-489

Community Details

Overview

  • 4 Units
  • Building Dimensions are 60X145.9
  • Oak Park Mesa 2 Subdivision

Building Details

  • Operating Expense $7,742
  • Gross Income $2,867
  • Net Operating Income $26,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$982

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Broadway & Gilbert
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2018
  • Directions: EAST ON BROADWAY, NORTH ON CHESTNUT. BUILDING FACING BROADWAY.
  • Road Surface Type: Concrete
  • Co List Office Mls Id: sonn01
  • Co List Office Phone: 602-405-9128
  • Subdivision Name: OAK PARK MESA 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 4400.0

Schools

  • Elementary School: Robson Elementary School
  • High School: Mesa High School
  • Middle Or Junior School: Taylor Junior High School

Lot Info

  • Lot Size: 60X145.9
  • Additional Parcels: No
  • Parcel #: 140-25-489

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 2867.48
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 26140.0
  • Annual Operating Expense: 7742.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 982.0
  • Tax Book Number: 140.00
  • Tax Lot: 79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2025
Sold by
Miranda Lorenzo and Roman Laura
Bought by
Miranda Family Living Trust and Miranda
Current Estimated Value
$610,691

Purchase Details

Listed on
Dec 5, 2018
Closed on
Jun 21, 2019
Sold by
Nguyen Joe and Nguyen Jorce G Dao
Bought by
Miranda Lorenzo and Roman Laura
Seller's Agent
Son Nguyen
Vina Realty
Buyer's Agent
Armando Nunez
West USA Realty
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$90,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 30, 2017
Closed on
Jun 13, 2017
Sold by
Felix Saturnino Mendoza
Bought by
Nguyen Joe and Nguyen Joyce G Dao
Seller's Agent
Miritssa Casas
Milly Sells Az
Buyer's Agent
Liem Tran
HomeSmart
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$206,250
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2016
Sold by
Velazquez Lazaro and Davila Silvia
Bought by
Velazquez Lazaro and Davila Silvia

Purchase Details

Listed on
Jan 21, 2016
Closed on
Feb 22, 2016
Sold by
Rivera Lorenza Monarrez
Bought by
Mendoza Felix Saturnino
Seller's Agent
Miritssa Casas
Milly Sells Az
Buyer's Agent
Miritssa Casas
Milly Sells Az
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Original Mortgage
$220,924
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2015
Sold by
Davila Silvia and Velasquez Lazaro
Bought by
Velasquez Nancy

Purchase Details

Closed on
May 27, 2015
Sold by
Velasquez Nancy
Bought by
Velasquez Lazaro and Velasquez Silvia

Purchase Details

Closed on
Sep 28, 2012
Sold by
Velasquez Nancy
Bought by
Davila Silvia and Velazquez Lazaro

Purchase Details

Closed on
Apr 15, 2010
Sold by
Davila Silvia and Velasquez Lazaro
Bought by
Velasquez Nancy

Purchase Details

Closed on
Nov 23, 2009
Sold by
Gmac Mortgage Llc
Bought by
Velasquez Lazaro and Davila Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2009
Sold by
Risquez Julio
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Mar 9, 2005
Sold by
Velasquez Nancy
Bought by
Risquez Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Similar Homes in the area

  • 3345 E University Dr Unit 2, Mesa, AZ 85213

    $260,500

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • 3345 E University Dr
    • Unit 2
    • Mesa, AZ

    Welcome to this move-in ready gem located in the 55+ Las Alegres community! Perfectly situated within the neighborhood, this home has been beautifully maintained and thoughtfully cared for throughout. The spacious two-car garage features built-in cabinetry and a convenient workbench, ideal for hobbyists or extra storage.Inside, the home boasts a fantastic floor plan designed for

    Josiah Miller West USA Realty

    Section Image
  • 1050 S Stapley Dr Unit 48, Mesa, AZ 85204

    $277,900

    • 2 Beds
    • 2 Baths
    • 999 Sq Ft
    • 1050 S Stapley Dr
    • Unit 48
    • Mesa, AZ

    Renovated and updated 2 beds, 2 bath ground floor condo. The entire community is single level. Apx 1000 sq ft of spacious living! Beautiful kitchen with recessed lighting and generous eat in area, plenty of cabinet and counter top space. Each bedroom is generously sized with good closet space. Brand new energy efficient windows and new A/C unit. Step outside to the backyard with covered patio

    Diane Hale West USA Realty

    Section Image
  • 3345 E University Dr Unit 25, Mesa, AZ 85213

    $284,900

    • 2 Beds
    • 2 Baths
    • 1,051 Sq Ft
    • 3345 E University Dr
    • Unit 25
    • Mesa, AZ

    Lovely, very clean two bedroom, two bath patio home with fireplace, situated on a north facing corner lot with fruit trees. This home is located in the beautiful and peaceful adult community of Las Alegres. Large private back patio, nice front courtyard and lots of cabinet space in garage with an epoxy floor. This home has been extremely well cared for and includes a brand new water heater, and a

    Stan Hughes HomeSmart

    Section Image
  • 3345 E University Dr Unit 58, Mesa, AZ 85213

    $259,900

    • 2 Beds
    • 2 Baths
    • 1,051 Sq Ft
    • 3345 E University Dr
    • Unit 58
    • Mesa, AZ

    Welcome Home!!! This gorgeous 2 bedroom 2 bath home at the desirable 55+ community of Las Alegres in Mesa is in a fantastic location. Close to restaurants, shopping, parks, multiple golf courses & easy access to the 60 Fwy. You'll love the layout of this patio home. Your kitchen offers plenty of space & cabinetry for storage & organization. Your spacious master suite offers a walk in closet, a

    Rick Metcalfe Canam Realty Group

    Section Image
  • 2059 E Brown Rd Unit 35, Mesa, AZ 85213

    $375,000

    • 2 Beds
    • 2 Baths
    • 1,619 Sq Ft
    • 2059 E Brown Rd
    • Unit 35
    • Mesa, AZ

    Don't miss this incredible opportunity in Villas Valencia! This stunning patio home has it all—private courtyard entry, tranquil atrium with water feature, and an open, airy layout with vaulted ceilings and a cozy fireplace. Completely remodeled with style: no more popcorn ceilings, recessed lighting, granite counters, and a custom coffee bar! Dual pane windows, updated appliances, and gorgeous

    David Oesterle RE/MAX Excalibur

    Section Image
  • 4202 E Broadway Rd Unit 93, Mesa, AZ 85206

    $325,000

    • 2 Beds
    • 2 Baths
    • 1,206 Sq Ft
    • 4202 E Broadway Rd
    • Unit 93
    • Mesa, AZ

    This beautiful 2 bedroom, 2 bathroom townhome is waiting for you in this vibrant 55+ community!Seller is offering a 1% SELLER CONCESSION to the right buyer! It features a spacious, open great room, large kitchen, epoxied garage with custom cabinets, an extended covered patio and NEW ROOF (2023). Enjoy access to the community's HEATED POOL and SPA, ideal for year-round

    Cameron Raber eXp Realty

    Section Image
  • 440 S Parkcrest Unit 88, Mesa, AZ 85206

    $310,000

    • 2 Beds
    • 2 Baths
    • 1,182 Sq Ft
    • 440 S Parkcrest
    • Unit 88
    • Mesa, AZ

    Introducing a fully renovated condo in the Sunland Villas Condominiums community. This 2-bedroom, 2-bathroom condo offers a lovely home in a great location. As you enter, you'll be welcomed by a fully renovated interior where no expense has been spared. Fully remodeled kitchen with stainless steel appliances, fully renovated bathrooms, and brand new quartz countertops and luxury vinyl floors

    Brandon Shotwell HomeSmart

    Section Image
  • 945 N Pasadena Unit 1, Mesa, AZ 85201

    $365,000

    • 2 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • 945 N Pasadena
    • Unit 1
    • Mesa, AZ

    Enjoy easy living in this efficiently designed home! With its 2 beds, den, 2 baths, and conveniently located near dining spots, parks, and shopping centers, this unit is a gem. Discover a large & airy living/dining room with vaulted ceilings, new plush carpet, fresh paint throughout, a cozy fireplace, and sliding glass doors leading to the back patio. The kitchen includes built-in appliances,

    Mark Toon My Home Group Real Estate

    Section Image
  • 280 S Evergreen Rd Unit 1287, Tempe, AZ 85288

    $389,000

    • 2 Beds
    • 2.5 Baths
    • 1,100 Sq Ft
    • 280 S Evergreen Rd
    • Unit 1287
    • Tempe, AZ

    Welcome to this beautifully upgraded 2 bedroom, 2.5 bath end unit, ideally situated in a gated community just minutes from Tempe Marketplace, Riverview Park, and with quick access to the 101 and 202 freeways. This light filled home features stylish upgraded flooring, elegant quartz countertops, and a spacious open layout designed for modern living. Enjoy peaceful views of the community pool,

    David Goldberg Realty ONE Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $325,000 Empire West Title Agency Llc
Warranty Deed $275,000 Driggs Title Agency Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Driggs Title Agency Inc
Warranty Deed $225,000 Driggs Title Agency Inc
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed $99,000 First American Title Ins Co
Trustee Deed $108,000 Security Title Agency
Interfamily Deed Transfer -- --
Warranty Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 Commercial
Previous Owner $206,250 New Conventional
Previous Owner $220,924 FHA
Previous Owner $74,250 New Conventional
Previous Owner $299,700 Negative Amortization
Previous Owner $216,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold $325,000 -2.7% $112 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/05/2019 05/05/19 Price Changed $334,000 -0.1% $115 / Sq Ft
04/07/2019 04/07/19 Price Changed $334,500 -0.1% $115 / Sq Ft
12/04/2018 12/04/18 For Sale $335,000 +21.8% $116 / Sq Ft
06/15/2017 06/15/17 Sold $275,000 -3.5% $95 / Sq Ft
04/30/2017 04/30/17 For Sale $285,000 +26.7% $98 / Sq Ft
02/22/2016 02/22/16 Sold $225,000 0.0% $78 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $225,000 -- $78 / 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 $1,110 $11,307 -- --
2024 $1,119 $10,769 -- --
2023 $1,119 $45,320 $9,060 $36,260
2022 $1,096 $32,260 $6,450 $25,810
2021 $1,109 $27,960 $5,590 $22,370
2020 $1,095 $24,810 $4,960 $19,850
2019 $1,023 $18,350 $3,670 $14,680
2018 $982 $16,260 $3,250 $13,010
2017 $952 $13,310 $2,660 $10,650
2016 $935 $12,180 $2,430 $9,750
2015 $879 $11,520 $2,300 $9,220
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5853836

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-25-489