$317,000
SOLD JUL 3, 2018
-- Bed
-- Bath
5,888 Sq Ft
8,756 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

4% Below List Price

1 Day on Market

Highlights

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

About This Home

As of September 2021

Each of the units have newer AC and newer roof. Each unit has been fully renovated new bathrooms and kitchens.

DRIVE BY ONLY. DO NOT DISTURB THE TENANTS!

Last Agent to Sell the Property

Blake Williams

Balboa Realty, LLC License #SA666424000

Last Buyer's Agent

David Barney

Fathom Realty License #SA653626000

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1972

Home Design

  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • 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 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 2944
  • Oak Park Mesa 2 Subdivision

Building Details

  • Operating Expense $6,472
  • Gross Income $27,900
  • Net Operating Income $21,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$994

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: BROADWAY & GILBERT
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1972
  • Tax Year: 2017
  • Directions: Head East down Broadway from Gilbert. The house is just before 24th st. Turn north on 24th st and take an immediate left, Fourplex is the 7th house on the left.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: OAK PARK MESA 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Other, See Remarks
  • Roof: See Remarks, Other
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Street Parking: 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

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 1000.0

Schools

  • Elementary School: Longfellow Elementary School
  • High School: Mesa High School
  • Middle Or Junior School: Taylor Junior High School

Lot Info

  • Lot Size: 2944
  • Additional Parcels: No
  • Parcel #: 140-25-504

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 1260.0
  • Annual Gross Income: 27900.0
  • Insurance Expense: 1040.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 21300.0
  • Annual Operating Expense: 6472.0

Tax Info

  • Tax Annual Amount: 994.0
  • Tax Book Number: 140.00
  • Tax Lot: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 25, 2021
Sold by
Chiu Daphne
Bought by
Chiu Victor
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
Total Days on Market
1
Current Estimated Value
$678,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,922
Avg. Annual Appreciation
2.28%
Original Mortgage
$468,750
Outstanding Balance
$431,149
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$247,773

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 24, 2021
Sold by
Seven Dees Llc
Bought by
Chiu Victor
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
Outstanding Balance
$431,149
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$247,773

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jun 26, 2018
Sold by
Brown Jacob and Brown Lisa
Bought by
Seven Dees Llc
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
Federal Home Loan Mortgage Corporation
Bought by
Brown Jacob and Brown Lisa

Purchase Details

Closed on
Dec 10, 2009
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 6, 2007
Sold by
Vatistas John
Bought by
2318 E Broadway Rd Llc

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
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2007
Sold by
Ramirez Jaime N and Hurtado Evangelina
Bought by
Vatistas John

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
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2005
Sold by
Cortes Huvaldo A
Bought by
Ramirez Jaime N and Hurtado Evangelina

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
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Hurtado Tommy
Bought by
Hurtado Evangelina

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
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Arellano Huvaldo and Cortes Huvaldo A
Bought by
Cortes Huvaldo A

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
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2004
Sold by
Pelayo Maria
Bought by
Arellano Huvaldo

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
9.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2003
Sold by
Macias Luis A and Macias Genoveva A
Bought by
Arellano Huvaldo

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
9.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2002
Sold by
Engle Timothy E and Engle Susan M
Bought by
Macias Luis A and Macias Genoveva A

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
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 1998
Sold by
Cote Jeffrey A and Cote Mary M
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
$112,050
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1997
Sold by
Kehoe Ellie R
Bought by
Cote Jeffrey A and Cote Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1995
Sold by
Kehoe Ellie R and Diamond Ellie R
Bought by
Kehoe Ellie R and Ellie R Kehoe Separate Property Trust

Purchase Details

Closed on
Nov 23, 1994
Sold by
Plaza Properties Inc
Bought by
Diamond Ellie R

Purchase Details

Closed on
Mar 7, 1994
Sold by
Mecca Michael D and Mecca Margaret A
Bought by
Plaza Properties Inc

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Dhi Title Agency
Warranty Deed $625,000 Dhi Title Agency
Warranty Deed $317,500 Driggs Title Agency Inc
Cash Sale Deed $60,000 Stewart Title & Trust Of Pho
Corporate Deed -- First American Title
Trustee Deed $120,804 First American Title
Warranty Deed -- Camelback Title Agency Llc
Warranty Deed $235,000 Camelback Title Agency Llc
Warranty Deed $329,900 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- Netco Title
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $193,500 Security Title Agency
Joint Tenancy Deed $162,500 Security Title Agency
Warranty Deed $128,300 Security Title Agency
Warranty Deed $97,150 Security Title
Interfamily Deed Transfer -- --
Warranty Deed $75,000 First Southwestern Title
Warranty Deed $65,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,750 New Conventional
Closed $468,750 No Value Available
Previous Owner $176,250 Purchase Money Mortgage
Previous Owner $230,930 New Conventional
Previous Owner $188,000 New Conventional
Previous Owner $183,825 Purchase Money Mortgage
Previous Owner $183,825 Purchase Money Mortgage
Previous Owner $161,029 FHA
Previous Owner $112,050 New Conventional
Previous Owner $87,400 New Conventional
Closed $8,800 No Value Available
Closed $14,000 No Value Available
Closed $49,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
06/18/2018 06/18/18 For Sale $330,000 -- $56 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5782118

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-25-504