NOT LISTED FOR SALE

Estimated Value: $598,000 - $691,000

8 Beds
-- Baths
3,136 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2017

Last sale price $275,000 $88 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,602 / mo

7 Days on Market

Highlights

  • Carpet
  • Franklin at Brimhall Elementary School Rated A
  • Individual Controls for Heating

About This Home

As of August 2017

Cash Flowing Great Long-Term Investment Opportunity. Excellent Location! Great Rental Area. Covered Parking. Easy Management–Just pick up the check! Residential Financing Available for this Property with a Desirable Unit Mix - All 2 bedroom 1 bath. Separate Laundry Room. Easy Keeper!

Last Agent to Sell the Property

Rick Horst

Keller Williams Arizona Realty License #SA640657000 Listed on: 06/28/2017

Keller Williams Arizona Realty

Co-Listed By

Kerry Keezer

72SOLD License #SA643532000

Last Buyer's Agent

Jason Bingham

Distinguished Properties License #BR528229000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,155

Year Built

  • Built in 1979

Lot Details

  • 8,015

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

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

Schools

  • Pomeroy Elementary School
  • Mesa High School

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Separate Meters
  • Underground Utilities
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 8
  • Assessor Parcel Number 138-14-004-E

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Hibbert Allen Acres Lots 8 20 Subdivision

Building Details

  • Operating Expense $6,712
  • Gross Income $25,800
  • Net Operating Income $19,088

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,155

Year Built

Built in 1979

Lot Details

8,015 Sq Ft Lot

Listing Details

  • Cross Street: Stapley and Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2136.0
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: HIBBERT-ALLEN ACRES LOTS 8-20
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Free, 1 Space/Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Free: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2380.0

Schools

  • Elementary School: Pomeroy Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 138-14-004-E

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 25800.0
  • Insurance Expense: 1041.0
  • Property Net Operating Income: 19088.0
  • Annual Operating Expense: 6712.0

Tax Info

  • Tax Annual Amount: 1155.0
  • Tax Book Number: 138.00
  • Tax Lot: 8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Ma Jonathan and Nguyen Dung Hoang
Bought by
Current Estimated Value
$635,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,500
Outstanding Balance
$390,421
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$244,711

Purchase Details

Closed on
Dec 21, 2021
Sold by
Glissade Llc
Bought by
Ma Jonathan and Nguyen Dung Hoang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,500
Outstanding Balance
$390,421
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$244,711

Purchase Details

Closed on
Jul 21, 2020
Sold by
Mitchell Jesse Reed
Bought by
Glissade Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2020
Sold by
Williams Reyna
Bought by
Williams Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2017
Closed on
Aug 3, 2017
Sold by
Wahyudi Deddy
Bought by
Williams Tyler
Seller's Agent
Rick Horst
Keller Williams Arizona Realty
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$206,250
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 2, 2013
Closed on
Jan 15, 2014
Sold by
Khandelwal Rajkumar Sunil and Khandelwal Anita
Bought by
Wahyudi Deddy
Seller's Agent
Tom Chase
TJ Chase Realty Group, Inc
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Original Mortgage
$131,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
Khandelwal Rajkumar Sunil and Khandelwal Anita
Bought by
Khandelwal Rajkumar Sunil and Khandelwal Anita

Purchase Details

Closed on
Nov 29, 2007
Sold by
Marrero Stefano J and Marrero Maya Burrell
Bought by
Hsbc Bank Usa Na and Nomura Home Equity Loan Inc Asset Backed

Purchase Details

Closed on
Aug 3, 2005
Sold by
Ring Keith and Ring Kiyomi
Bought by
Marrero Stefano and Marrero Maya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
7.99%
Mortgage Type
Trade

Purchase Details

Closed on
Dec 8, 2004
Sold by
Tischer Kathleen S
Bought by
Ring Keith and Ring Kiyomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2004
Sold by
Wright Shannon
Bought by
Tischer Kathleen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2001
Sold by
Bonalanza Richard T
Bought by
Wright Shannon

Purchase Details

Closed on
Dec 19, 2000
Sold by
Cham David Me
Bought by
Wright Shannon

Purchase Details

Closed on
Nov 8, 1999
Sold by
The Lily Group Llc
Bought by
Bonalanza Richard T and Bonalanza Rich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 1996
Sold by
Stanford Lamarr O
Bought by
The Lily Group Llc

Purchase Details

Closed on
Dec 20, 1994
Sold by
Edmonds Doug
Bought by
Stanford Lamar
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Reed Park, AZ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
Ma Jonathan $578,000 First Integrity Ttl Agcy Of
Glissade Llc -- First Integrity Title Agency
Williams Tyler -- First Integrity Ttl Agcy Of
Mitchell Jesse Reed $487,000 First Integrity Ttl Agcy Of
Williams Tyler $275,000 Security Title Agency Inc
Wahyudi Deddy $175,000 Stewart Title & Trust Of Pho
Khandelwal Rajkumar Sunil -- None Available
Hsbc Bank Usa Na $238,398 None Available
Marrero Stefano $299,000 --
Ring Keith $254,000 Fidelity National Title
Tischer Kathleen S $204,000 Nations Title Agency Of Az
Wright Shannon $156,500 First American Title
Wright Shannon -- First American Title
Bonalanza Richard T $129,000 Stewart Title & Trust
The Lily Group Llc $94,000 Chicago Title Insurance Co
Stanford Lamar $103,000 United Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $433,500
Previous Owner Mitchell Jesse Reed $365,250
Previous Owner Williams Tyler $206,250
Previous Owner Wahyudi Deddy $131,250
Previous Owner Marrero Stefano $224,250
Previous Owner Ring Keith $203,200
Previous Owner Tischer Kathleen S $163,200
Previous Owner Bonalanza Richard T $122,550
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2017 08/11/17 Sold $275,000 0.0% $88 / Sq Ft
06/28/2017 06/28/17 For Sale $275,000 +57.1% $88 / Sq Ft
01/28/2014 01/28/14 Sold $175,000 -2.8% $56 / Sq Ft View Prior Sale
12/04/2013 12/04/13 Pending -- -- --
12/02/2013 12/02/13 For Sale $180,000 -- $57 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,379 $13,978
2024 $1,383 $13,312
2023 $1,383 $49,970 $9,990 $39,980
2022 $1,355 $34,830 $6,960 $27,870
2021 $1,371 $27,670 $5,530 $22,140
2020 $1,353 $24,570 $4,910 $19,660
2019 $1,264 $19,620 $3,920 $15,700
2018 $1,214 $18,010 $3,600 $14,410
2017 $1,177 $17,930 $3,580 $14,350
2016 $1,155 $17,060 $3,410 $13,650
2015 $1,086 $14,680 $2,930 $11,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5625736

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-14-004E

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