L
Seller's Agent in 2017
Lois Kaipainen
Income Property Shop
2260 E Broadway Rd Mesa, AZ 85204
Central Mesa NeighborhoodEstimated Value: $654,314
--
Bed
4
Baths
736
Sq Ft
$889/Sq Ft
Est. Value
Highlights
- Cooling Available
- Franklin at Brimhall Elementary School Rated A
- Heat Pump System
About This Home
As of December 2017Here’s a great investment! Great rental neighborhood! New exterior paint in progress! Property features all 2 bedroom/1 bath units of 736 SF each and the layout wastes no space! Open kitchen, dining and living room, ample closets and lots of tile! One unit has new kitchen cabinets and will be tenanted as soon as the remodel is done! On site laundry for tenant convenience and added income. Located right on Broadway, it’s an easy renter, close to all public transportation and US 60 making for easy commutes to all employment entertainment venues. Seller would like to close escrow in January for tax purposes. But don’t wait! This one won’t last!
Last Listed By
Lois Kaipainen
Income Property Shop License #SA567276000 Listed on: 11/18/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $975
Year Built
- Built in 1972
Lot Details
- 8,756
Home Design
- Tile Roof
- Foam Roof
- Block Exterior
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
- Assigned Parking
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 90
- Assessor Parcel Number 140-25-500
Community Details
Overview
- 4 Units
- Building Dimensions are irr
- Oak Park Mesa 2 Subdivision
Building Details
- Operating Expense $11,135
- Gross Income $28,215
- Net Operating Income $16,730
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 22, 2021
Sold by
Dunlap Peter
Bought by
2260 East Broadway Road Llc
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$301,716
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$341,023
Purchase Details
Closed on
Nov 27, 2020
Sold by
Williams Tyler
Bought by
Dunlap Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 18, 2017
Closed on
Dec 27, 2017
Sold by
Rivera Adolph and Rivera Nereyda
Bought by
Williams Tyler
Seller's Agent
Lois Kaipainen
Income Property Shop
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$259,000
Sold Price
$265,000
Premium/Discount to List
$6,000
2.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$198,750
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 17, 2014
Closed on
Jun 26, 2014
Sold by
H2m2 Llc
Bought by
Rivera Adolph and Rivera Nereyda
Seller's Agent
Jay Patel
RETHINK Real Estate
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$174,900
Sold Price
$140,000
Premium/Discount to List
-$34,900
-19.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.00%
Original Mortgage
$84,000
Interest Rate
4.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 17, 2010
Sold by
Anderson Stephen Wade
Bought by
H2m2 Llc
Purchase Details
Closed on
Jan 22, 2010
Sold by
Anderson Jennilyn Rogers
Bought by
Anderson Stephen Wade
Purchase Details
Closed on
Sep 24, 2009
Sold by
Gmac Mortgage Llc
Bought by
Beaverton Lp
Purchase Details
Closed on
Jul 27, 2009
Sold by
Risquez Julio
Bought by
Gmac Mortgage Llc
Purchase Details
Closed on
Jul 25, 2003
Sold by
Alba Alex C and Alba Lina F
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
$30,750
Interest Rate
5.17%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Apr 8, 2002
Sold by
Mckinney Ronald P and Mckinney Rosetta L
Bought by
Alba Alex C and Alba Lina F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,120
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 25, 1998
Sold by
Shreeve Daniel A and Shreeve Susan E
Bought by
Mckinney Ronald P and Mckinney Rosetta L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
6.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 1994
Sold by
Bentz Dean D and Bentz Shirley M
Bought by
Shreeve Daniel A and Shreeve Susan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.5%
Mortgage Type
Assumption
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 |
|---|---|---|---|
| 2260 East Broadway Road Llc | -- | Fidelity National Title | |
| Dunlap Peter | $475,000 | First Integrity Ttl Agcy Of | |
| Williams Tyler | $475,000 | First Integrity Agcy Of Az L | |
| Williams Tyler | $265,000 | Clear Title Agency Of Arizon | |
| Rivera Adolph | $140,000 | Chicago Title Agency Inc | |
| H2m2 Llc | $118,000 | Lawyers Title Of Arizona Inc | |
| Anderson Stephen Wade | -- | None Available | |
| Anderson Stephen Wade | -- | None Available | |
| Beaverton Lp | $80,100 | First American Title Ins Co | |
| Gmac Mortgage Llc | $85,000 | Security Title Agency | |
| Risquez Julio | $205,000 | -- | |
| Alba Alex C | $163,900 | Capital Title Agency Inc | |
| Mckinney Ronald P | $122,000 | Transnation Title Insurance | |
| Shreeve Daniel A | $60,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2260 East Broadway Road Llc | $380,000 | |
| Previous Owner | Dunlap Peter | $71,250 | |
| Previous Owner | Williams Tyler | $198,750 | |
| Previous Owner | Rivera Adolph | $84,000 | |
| Previous Owner | Risquez Julio | $282,400 | |
| Previous Owner | Risquez Julio | $201,000 | |
| Previous Owner | Risquez Julio | $30,750 | |
| Previous Owner | Risquez Julio | $164,000 | |
| Previous Owner | Alba Alex C | $131,120 | |
| Previous Owner | Mckinney Ronald P | $97,600 | |
| Previous Owner | Shreeve Daniel A | $35,000 | |
| Closed | Alba Alex C | $24,585 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2017 12/29/17 | Sold | $265,000 | +2.3% | $360 / Sq Ft |
| 11/19/2017 11/19/17 | Pending | -- | -- | -- |
| 11/18/2017 11/18/17 | For Sale | $259,000 | +85.0% | $352 / Sq Ft |
| 06/30/2014 06/30/14 | Sold | $140,000 | -20.0% | $190 / Sq Ft |
| 05/21/2014 05/21/14 | Pending | -- | -- | -- |
| 04/17/2014 04/17/14 | For Sale | $174,900 | -- | $238 / Sq Ft |
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 | $1,158 | $11,796 | -- | -- |
| 2024 | $1,167 | $11,234 | -- | -- |
| 2023 | $1,167 | $46,000 | $9,200 | $36,800 |
| 2022 | $1,143 | $32,670 | $6,530 | $26,140 |
| 2021 | $1,157 | $28,330 | $5,660 | $22,670 |
| 2020 | $1,142 | $25,150 | $5,030 | $20,120 |
| 2019 | $1,067 | $18,600 | $3,720 | $14,880 |
| 2018 | $1,024 | $16,410 | $3,280 | $13,130 |
| 2017 | $994 | $14,110 | $2,820 | $11,290 |
| 2016 | $975 | $12,910 | $2,580 | $10,330 |
| 2015 | $917 | $11,930 | $2,380 | $9,550 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2017
Jacqueline Sipes
Income Property Shop
-
Jason Bingham
Buyer's Agent in 2017
Jason Bingham
Distinguished Properties
(602) 432-5765
28 Total Sales
-
Jay Patel
Seller's Agent in 2014
Jay Patel
RETHINK Real Estate
(623) 888-6210
310 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5689757
APN: 140-25-500
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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