NOT LISTED FOR SALE

Estimated Value: $544,698 - $688,000

Studio
-- Bath
2,145 Sq Ft
$284/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2020

Last sale price $325,000 $152 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,490 / mo

28 Days on Market

Highlights

  • 4 Car Attached Garage
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Franklin at Brimhall Elementary School Rated A
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of September 2020

This duplex at Gilbert Rd and Broadway has two 3 bed 2 bath units. Each unit has it's own electric meter. One side is rented at $800 per month (plus $75 for water) and the second side will be vacant in the next 30 days. Buyer could move into one side or rent it. Each side has private washer/dryer hook ups. Excellent investment in popular part of Mesa! Drive by only please until contract is accepted--Tenant's Rights Apply.

Last Agent to Sell the Property

Jennie Miller PLLC

Market Edge Realty, LLC License #BR638404000 Listed on: 08/31/2020

Last Buyer's Agent

Jennie Miller

Market Edge Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,283

Year Built

  • Built in 1971

Lot Details

  • Fenced

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Free Parking
  • 4 Open Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Separate Meters
  • Gas Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer
  • Tax Lot 87
  • Assessor Parcel Number 140-25-497

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8754
  • Oak Park Mesa 2 Subdivision

Building Details

  • Operating Expense $7,073
  • Gross Income $24,000
  • Net Operating Income $17,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,283

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: GILBERT RD AND BROADWAY RD
  • Property Type: Multiple Dwellings
  • Zoning: MULTI FAMILY
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: OAK PARK MESA 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: Open, >1 Space Per Unit, Attached, Assigned
  • Attached Garage: Yes
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Electric: Individual Meter, SRP
  • Cooling: Central Air, Varies by Unit, Window/Wall Unit, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 8754
  • Additional Parcels: No
  • Parcel #: 140-25-497

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas
  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0
  • Insurance Expense: 890.0
  • Maintenance Expense: 900.0
  • Property Net Operating Income: 17780.0
  • Annual Operating Expense: 7073.0

Tax Info

  • Tax Annual Amount: 2283.0
  • Tax Book Number: 140.0
  • Tax Lot: 87

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

Listed on
Aug 31, 2020
Closed on
Nov 12, 2020
Sold by
Bought by
Seller's Agent
Jennie Miller PLLC
Market Edge Realty, LLC
Buyer's Agent
Jennie Miller PLLC
Market Edge Realty, LLC
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$608,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,175
Avg. Annual Appreciation
11.62%

Purchase Details

Listed on
Aug 31, 2020
Closed on
Sep 17, 2020
Sold by
Bought by
Seller's Agent
Jennie Miller PLLC
Market Edge Realty, LLC
Buyer's Agent
Jennie Miller PLLC
Market Edge Realty, LLC
List Price
$325,000
Sold Price
$325,000

Purchase Details

Listed on
Jul 14, 2016
Closed on
Nov 3, 2016
Sold by
Bought by
Seller's Agent
Liza Drake
West USA Realty
Buyer's Agent
Jennie Miller PLLC
Market Edge Realty, LLC
List Price
$290,000
Sold Price
$200,000
Premium/Discount to List
-$90,000
-31.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%
Original Mortgage
$196,377
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2008
Sold by
Bought by

Purchase Details

Closed on
May 11, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$325,000 Driggs Title Agency Inc
$200,000 Driggs Title Agency Inc
$70,000 Security Title Agency
$88,000 --
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
Previous Owner $196,377
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
09/28/2020 09/28/20 Sold $325,000 0.0% $152 / Sq Ft
08/31/2020 08/31/20 For Sale $325,000 +62.5% $152 / Sq Ft
11/04/2016 11/04/16 Sold $200,000 0.0% $93 / Sq Ft View Prior Sale
09/21/2016 09/21/16 Pending -- -- --
09/01/2016 09/01/16 Price Changed $199,999 -11.5% $93 / Sq Ft
08/26/2016 08/26/16 Price Changed $226,000 -4.6% $105 / Sq Ft
08/19/2016 08/19/16 Price Changed $237,000 -4.8% $110 / Sq Ft
08/11/2016 08/11/16 Price Changed $249,000 -3.9% $116 / Sq Ft
08/05/2016 08/05/16 Price Changed $259,000 -3.7% $121 / Sq Ft
07/29/2016 07/29/16 Price Changed $269,000 -3.6% $125 / Sq Ft
07/21/2016 07/21/16 Price Changed $279,000 -3.8% $130 / Sq Ft
07/14/2016 07/14/16 For Sale $290,000 -- $135 / 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 $2,490 $25,238 -- --
2024 $2,498 $24,036 -- --
2023 $2,498 $39,500 $7,900 $31,600
2022 $2,446 $27,950 $5,590 $22,360
2021 $2,476 $24,950 $4,990 $19,960
2020 $2,444 $27,820 $5,560 $22,260
2019 $2,283 $23,780 $4,750 $19,030
2018 $2,191 $24,570 $4,910 $19,660
2017 $789 $10,970 $2,190 $8,780
2016 $883 $9,900 $1,980 $7,920
2015 $619 $8,870 $1,770 $7,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6127148

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-25-497

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