NOT LISTED FOR SALE

2314 E Broadway Rd Mesa, AZ 85204

Central Mesa Neighborhood

Estimated Value: $605,770 - $727,000

-- Bed
-- Bath
2,944 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $320,000 $109 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,625/month

14 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of August 2019

GREAT INVESTMENT OPPORTUNITY IN MESA INCLUDED 2312 E BROADWAY RD. IN THE SALE. ***DRIVE BY ONLY*** PLEASE DO NOT DISTURB TENANTS! VIEWING AFTER ACCEPTED CONTRACT. NICE 4-PLEX, 2BEDS, 1BATH IN EACH UNIT, CLOSE TO FREEWAYS, SHOPPING AND SCHOOLS. OWNER PAYS FOR WATER, SEWER AND TRASH. BUYER AND BUYERS AGENT TO VERIFY ALL FACTS, FIGURES AND MEASUREMENTS.

Last Agent to Sell the Property

Dolores Zarate

YAY Realty License #SA558571000 Listed on: 06/16/2019

Co-Listed By

Ana Benavides

YAY Realty License #BR111528000

Last Buyer's Agent

Jason Bingham

Distinguished Properties License #BR528229000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1972

Lot Details

  • 8,756

Home Design

  • Block Exterior

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Common or Shared Parking

Schools

  • Longfellow Elementary School
  • Taylor Junior High School
  • Mesa High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 93
  • Assessor Parcel Number 140-25-503

Community Details

Overview

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

Building Details

  • Operating Expense $9,108
  • Gross Income $25,896
  • Net Operating Income $17,946

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,158

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: BROADWAY AND GILBERT
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI-FAMILY
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2018
  • Directions: BROADWAY AND GILBERT, E TO 24th, N TO ALLEY AND PARK BEHING BUILDING
  • Road Surface Type: Alley
  • Co List Office Mls Id: yayr01
  • Co List Office Phone: 602-730-1118
  • Subdivision Name: OAK PARK MESA 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

  • Elementary School: Longfellow Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Taylor Junior High School

Lot Info

  • Lot Size: 8754
  • Additional Parcels: No
  • Parcel #: 140-25-503

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 25896.0
  • Insurance Expense: 1300.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 17946.0
  • Annual Operating Expense: 9108.0

Tax Info

  • Tax Annual Amount: 1158.0
  • Tax Book Number: 140.00
  • Tax Lot: 93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2020
Sold by
Williams Reyna
Bought by
Tercan Ergul
Current Estimated Value
$663,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$320,607
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$339,776

Purchase Details

Listed on
Jun 16, 2019
Closed on
Aug 5, 2019
Sold by
Williams Tyler
Bought by
Williams Reyna
Seller's Agent
Dolores Zarate
YAY Realty
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$240,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2007
Sold by
Villalpando Luz Maria
Bought by
Villalpando Jose and Villalpando Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2000
Sold by
Haws Reed B and Haws Maria E
Bought by
Villalpando Jose E and Villalpando Luz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,400
Interest Rate
8.24%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tercan Ergul $475,000 First Integrity Ttl Agcy Of
Williams Reyna -- First Integrity Ttl Agcy Of
Williams Reyna -- Clear Title Agency Of Az Llc
Williams Reyna $320,000 Clear Title Agency Of Az
Villalpando Jose -- Ticor Title Agency Of Az Inc
Villalpando Jose E $139,250 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tercan Ergul $356,250
Previous Owner Williams Reyna $240,000
Previous Owner Villalpando Jose $200,000
Previous Owner Villalpando Jose E $111,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $320,000 -1.5% $109 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $325,000 -- $110 / 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 $1,309 $13,341 -- --
2024 $1,320 $12,706 -- --
2023 $1,320 $47,000 $9,400 $37,600
2022 $1,293 $33,110 $6,620 $26,490
2021 $1,309 $28,830 $5,760 $23,070
2020 $1,292 $25,650 $5,130 $20,520
2019 $1,207 $20,830 $4,160 $16,670
2018 $1,158 $18,430 $3,680 $14,750
2017 $1,124 $15,670 $3,130 $12,540
2016 $1,103 $14,830 $2,960 $11,870
2015 $1,037 $13,470 $2,690 $10,780
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dolores Zarate

    YAY Realty

  • A

    Seller Co-Listing Agent in 2019

    Ana Benavides

    YAY Realty

    Section Image
  • Jason Bingham

    Buyer's Agent in 2019

    Jason Bingham

    Distinguished Properties

    (602) 432-5765

    4 in this area

    24 Total Sales

    Jason Bingham
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5940635

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-25-503

Arizona Maricopa County Mesa 85204 Central Mesa

2314 E Broadway Rd, Mesa, AZ

This home is located at 2314 E Broadway Rd, Mesa, AZ 85204 since 16 June 2019 and is currently estimated at $663,193, approximately $225 per square foot. This property was built in 1972. 2314 E Broadway Rd is a home located in Maricopa County with nearby schools including Robson Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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