J
Seller's Agent in 2021
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
(602) 672-3526
1 in this area
41 Total Sales
2318 E Broadway Rd Mesa, AZ 85204
Central Mesa NeighborhoodEstimated Value: $630,000 - $705,000
Studio
--
Bath
5,888
Sq Ft
$113/Sq Ft
Est. Value
Highlights
- Central Air
- Franklin at Brimhall Elementary School Rated A
- Heat Pump System
About This Home
As of September 2021⮚ Nicely gentrifying Mesa area near Downtown. All 2 bedroom unit building has a lot to offer & is nicely polished.
*Excellent Rents $1100/$1100/$945/$900-long-term'er.
⮚ Significantly upgraded! All new/newer HVAC units. Roof is about 3 yrs old. Exterior upgrades. All units have upgrades incl. kitchens/baths, more.
⮚ Fantastic curb appeal with nice touches that make this stand out from the competition. Off-street parking. Separate electric tenant paid. W/S/T owner paid.
⮚ Professionally managed. Coin operated laundry (seller owned). Plug & play!
⮚ 5.6 CAP but 6+ proforma. Major big ticket upgrades allow the buyer to save big with cap ex in future.
Buyer to complete/rely on own due diligence. OM attached (some expenses estimated).
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 08/05/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,142
Year Built
- Built in 1972
Lot Details
- 8,756
Home Design
- Block Exterior
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Common or Shared Parking
- On-Street Parking
Schools
- Longfellow Elementary School
- Taylor Junior High School
- Mesa High School
Utilities
- Central Air
- Heat Pump System
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 94
- Assessor Parcel Number 140-25-504
Community Details
Overview
- 4 Units
- Building Dimensions are 8754
- Oak Park Mesa Unit 2 Subdivision
Building Details
- Operating Expense $16,251
- Gross Income $50,100
- Net Operating Income $34,991
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 5, 2021
Closed on
Sep 25, 2021
Sold by
Bought by
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Luis Espinoza
Gile Commercial Real Estate
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,613
Avg. Annual Appreciation
1.34%
Original Mortgage
$468,750
Interest Rate
0.028%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 5, 2021
Closed on
Sep 24, 2021
Sold by
Bought by
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Luis Espinoza
Gile Commercial Real Estate
List Price
$625,000
Sold Price
$625,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
0.028%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 18, 2018
Closed on
Jun 26, 2018
Sold by
Bought by
Seller's Agent
Blake Williams
Balboa Realty, LLC
Buyer's Agent
David Barney
Fathom Realty
List Price
$330,000
Sold Price
$317,000
Premium/Discount to List
-$13,000
-3.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.31%
Purchase Details
Closed on
Nov 30, 2010
Sold by
Bought by
Purchase Details
Closed on
Dec 10, 2009
Sold by
Bought by
Purchase Details
Closed on
Dec 6, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
0.0762%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 20, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
0.0762%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 25, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,930
Interest Rate
0.0576%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 18, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,930
Interest Rate
0.0576%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
0.075%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 12, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,825
Interest Rate
0.0967%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 31, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,825
Interest Rate
0.0967%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 21, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,029
Interest Rate
0.0685%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 10, 1998
Sold by
Bought by
Purchase Details
Closed on
Mar 4, 1997
Sold by
Bought by
Purchase Details
Closed on
Dec 1, 1995
Sold by
Bought by
Purchase Details
Closed on
Nov 23, 1994
Sold by
Bought by
Purchase Details
Closed on
Mar 7, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | Dhi Title Agency | ||
| $625,000 | Dhi Title Agency | ||
| $317,500 | Driggs Title Agency Inc | ||
| $60,000 | Stewart Title & Trust Of Pho | ||
| $120,804 | First American Title | ||
| -- | First American Title | ||
| -- | Camelback Title Agency Llc | ||
| $235,000 | Camelback Title Agency Llc | ||
| -- | Capital Title Agency Inc | ||
| $329,900 | Capital Title Agency Inc | ||
| -- | Capital Title Agency Inc | ||
| -- | Capital Title Agency Inc | ||
| -- | Netco Title | ||
| -- | Security Title Agency | ||
| $193,500 | Security Title Agency | ||
| $162,500 | Security Title Agency | ||
| $128,300 | Security Title Agency | ||
| $97,150 | Security Title | ||
| -- | -- | ||
| $75,000 | First Southwestern Title | ||
| $65,500 | Security 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 | $468,750 | ||
| Closed | $468,750 | ||
| Previous Owner | $176,250 | ||
| Previous Owner | $230,930 | ||
| Previous Owner | $188,000 | ||
| Previous Owner | $183,825 | ||
| Previous Owner | $183,825 | ||
| Previous Owner | $161,029 |
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 |
|---|---|---|---|---|---|
| 09/27/2021 09/27/21 | Sold | $625,000 | 0.0% | $106 / Sq Ft | |
| 08/07/2021 08/07/21 | Pending | -- | -- | -- | |
| 08/05/2021 08/05/21 | For Sale | $625,000 | +97.2% | $106 / Sq Ft | |
| 07/03/2018 07/03/18 | Sold | $317,000 | -3.9% | $54 / Sq Ft | View Prior Sale |
| 06/18/2018 06/18/18 | For Sale | $330,000 | -- | $56 / 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 | $1,164 | $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
-
James Stephens
-
Luis Espinoza
Buyer's Agent in 2021
Luis Espinoza
Gile Commercial Real Estate
(602) 373-9729
1 in this area
101 Total Sales
-
Blake Williams
B
Seller's Agent in 2018
Blake Williams
Balboa Realty, LLC
(480) 426-1590
3 in this area
175 Total Sales
-
David Barney
Buyer's Agent in 2018
David Barney
Fathom Realty
(480) 252-6459
4 in this area
191 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6274927
APN: 140-25-504
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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