2260 E Broadway Rd Mesa, AZ 85204
Central Mesa Neighborhood
--
Bed
--
Bath
736
Sq Ft
8,756
Sq Ft Lot
Highlights
- Cooling Available
- Concrete Flooring
- Heat Pump System
- Franklin at Brimhall Elementary School Rated A
About This Home
As of December 2017Great investment opportunity on this 4-Plex! Each unit has 2 BR, 1BA, Living Room & Kitchen~3 out of 4 units are currently rented. (75% occupancy) Rent on one unit is $425/mo & other 2 units are rented at $450/mo. Additional income source from coin laundry of $100-$150/month. Coin laundry is great attraction as there are no other coin laundry options within walking distance. All units were renovated with paint, flooring and appliances in 2010. Vacant unit has new paint. Bring your investors!!
Last Agent to Sell the Property
RETHINK Real Estate License #SA539421000 Listed on: 04/17/2014
Last Buyer's Agent
Lois Kaipainen
Income Property Shop License #SA567276000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $766
Year Built
- Built in 1972
Home Design
- Built-Up Roof
- Block Exterior
- Stucco
Flooring
- Concrete Flooring
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
Schools
- Robson Elementary School
- Taylor Junior High School
- Mesa High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 90
- Assessor Parcel Number 140-25-500
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
Building Details
- Operating Expense $5,669
- Gross Income $22,600
- Net Operating Income $15,947
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
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
$295,901
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$355,479
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
12.62%
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
Similar Home in Mesa, AZ
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fidelity National Title | |
| Warranty Deed | $475,000 | First Integrity Ttl Agcy Of | |
| Deed | $475,000 | First Integrity Agcy Of Az L | |
| Warranty Deed | $265,000 | Clear Title Agency Of Arizon | |
| Warranty Deed | $140,000 | Chicago Title Agency Inc | |
| Cash Sale Deed | $118,000 | Lawyers Title Of Arizona Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Cash Sale Deed | $80,100 | First American Title Ins Co | |
| Trustee Deed | $85,000 | Security Title Agency | |
| Warranty Deed | $205,000 | -- | |
| Warranty Deed | $163,900 | Capital Title Agency Inc | |
| Warranty Deed | $122,000 | Transnation Title Insurance | |
| Joint Tenancy Deed | $60,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | New Conventional | |
| Previous Owner | $71,250 | New Conventional | |
| Previous Owner | $198,750 | New Conventional | |
| Previous Owner | $84,000 | New Conventional | |
| Previous Owner | $282,400 | Negative Amortization | |
| Previous Owner | $201,000 | New Conventional | |
| Previous Owner | $30,750 | Stand Alone Second | |
| Previous Owner | $164,000 | Stand Alone Second | |
| Previous Owner | $131,120 | New Conventional | |
| Previous Owner | $97,600 | New Conventional | |
| Previous Owner | $35,000 | Assumption | |
| Closed | $24,585 | No Value Available |
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
-
L
Seller's Agent in 2017
Lois Kaipainen
Income Property Shop
-
J
Seller Co-Listing Agent in 2017
Jacqueline Sipes
Income Property Shop
-
Buyer's Agent in 2017
Jason Bingham
Distinguished Properties
(602) 432-5765
25 Total Sales
-
Seller's Agent in 2014
Jay Patel
RETHINK Real Estate
(623) 888-6210
294 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5102357
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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