234 N Center St Mesa, AZ 85201
Downtown Mesa Neighborhood
--
Bed
--
Bath
2,850
Sq Ft
7,405
Sq Ft Lot
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- Franklin at Brimhall Elementary School Rated A
About This Home
As of April 2014Looking for CASH FLOW? Hard to find downtown Mesa Single famiy home with Duplex that generates $1650/month in rent! Get a loan and do the MATH! This 3 Unit Parcel has what serious investors want. Great Long Term Tenants! Low maintenance property with solid block construction. Great Location in re-developing area! BUY NOW while prices are still low. These Units have been well maintained and updated over the years. Plenty of Storage (Each unit comes with its own storage unit) These homes are spacious, open and private. Covered parking with rooms for cars, boats, etc. Walking distance to downtown Mesa Arts Center. Good access to freeways, shopping and bus lines. If you are looking for a very clean multi unit property this is it!
Last Agent to Sell the Property
HomeSmart License #BR524681000 Listed on: 02/13/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,187
Year Built
- Built in 1947
Lot Details
- Additional Parcels
Home Design
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Carpet
- Ceramic Tile
Parking
- 6 Parking Spaces
- 3 Covered Spaces
- Common or Shared Parking
Schools
- Eisenhower Center For Innovation Elementary School
- Carson Junior High Middle School
- Westwood High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, water, cable TV
- The owner pays for trash collection, sewer
- Tax Lot 19
- Assessor Parcel Number 138-59-049
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 15385
- Stewart Sub Subdivision
Building Details
- Operating Expense $3,257
- Net Operating Income $19,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2014
Closed on
May 13, 2014
Sold by
Thompson Gerald L
Bought by
Thompson Gerald L and Nikolich Petar
Seller's Agent
Brian Burgmeier
HomeSmart
Buyer's Agent
Denise Robinson
Arizona Star Power Realty
List Price
$300,000
Sold Price
$180,000
Premium/Discount to List
-$120,000
-40%
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
$261,152
Avg. Annual Appreciation
8.97%
Purchase Details
Listed on
Feb 13, 2014
Closed on
Feb 27, 2014
Sold by
G Team One Llc
Bought by
Thompson Gerald L
Seller's Agent
Brian Burgmeier
HomeSmart
Buyer's Agent
Denise Robinson
Arizona Star Power Realty
List Price
$300,000
Sold Price
$180,000
Premium/Discount to List
-$120,000
-40%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.32%
Mortgage Type
VA
Purchase Details
Closed on
Oct 11, 1998
Sold by
Foor Robert P
Bought by
Ellertson Seth and Ellertson Kim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.42%
Mortgage Type
Commercial
Similar Homes in Mesa, AZ
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $170,000 | First American Title Ins Co | |
| Joint Tenancy Deed | $127,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $170,000 | VA | |
| Previous Owner | $100,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/28/2023 11/28/23 | Rented | $1,100 | 0.0% | -- |
| 11/02/2023 11/02/23 | Price Changed | $1,100 | 0.0% | $2 / Sq Ft |
| 11/02/2023 11/02/23 | For Rent | $1,100 | -8.3% | -- |
| 09/29/2023 09/29/23 | Off Market | $1,200 | -- | -- |
| 09/21/2023 09/21/23 | For Rent | $1,200 | 0.0% | -- |
| 04/07/2014 04/07/14 | Sold | $180,000 | -40.0% | $63 / Sq Ft |
| 03/03/2014 03/03/14 | Pending | -- | -- | -- |
| 02/13/2014 02/13/14 | For Sale | $300,000 | -- | $105 / 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 | $1,043 | $10,630 | -- | -- |
| 2024 | $1,052 | $10,124 | -- | -- |
| 2023 | $1,052 | $34,320 | $6,860 | $27,460 |
| 2022 | $1,030 | $23,350 | $4,670 | $18,680 |
| 2021 | $1,043 | $19,850 | $3,970 | $15,880 |
| 2020 | $1,029 | $18,200 | $3,640 | $14,560 |
| 2019 | $962 | $15,310 | $3,060 | $12,250 |
| 2018 | $923 | $12,610 | $2,520 | $10,090 |
| 2017 | $895 | $12,670 | $2,530 | $10,140 |
| 2016 | $879 | $11,150 | $2,230 | $8,920 |
| 2015 | $826 | $10,670 | $2,130 | $8,540 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Richard McCusker
JPAR Vantage
(480) 570-6739
3 in this area
6 Total Sales
-
Seller's Agent in 2014
Brian Burgmeier
HomeSmart
(480) 600-0044
12 Total Sales
-
D
Buyer's Agent in 2014
Denise Robinson
Arizona Star Power Realty
(602) 653-0128
13 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5071261
APN: 138-59-049
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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