NOT LISTED FOR SALE

Estimated Value: $390,000 - $536,887

Studio
-- Bath
2,562 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $427,500 $167 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,527/month

7 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of October 2024

Look no further! This is your chance to become the proud owner of this charming duplex property nestled in Mesa. Carport parking and an easy-care front yard is just the beginning. Unit 1: 3 beds 2 baths, 1400 sq ft. Unit 2: 2 beds 1 bath, 1100 sq ft. Both units are tenant occupied and the leases will remain. Please see reports in Documents section. Drive by only. Please do not disturb the tenants.

Last Agent to Sell the Property

Kevin Barry

Keller Williams Integrity First License #SA659085000 Listed on: 08/20/2024

Keller Williams Integrity First

Co-Listed By

Scott Brown

Barrett Real Estate License #SA688986000

Last Buyer's Agent

Claudia Moreno

West USA Realty License #SA580648000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1970

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Wood Flooring

Parking

  • 4 Parking Spaces
  • Carport
  • Paved Parking

Schools

  • Emerson Elementary School
  • Carson Junior High Middle School
  • Westwood High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 72
  • Assessor Parcel Number 135-49-097

Community Details

Overview

  • 2 Units
  • Building Dimensions are Irregular
  • Mesa Verde Unit 2 Subdivision

Building Details

  • Operating Expense $4,088
  • Gross Income $30,300
  • Net Operating Income $27,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,212

Year Built

Built in 1970

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 1st & Standage
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2023
  • Co List Office Mls Id: kwif01
  • Co List Office Phone: 480-854-2400
  • Subdivision Name: MESA VERDE UNIT 2
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances: Built-In Range, Disposal, Dishwasher, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s)
  • 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
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 1920.0

Schools

  • Elementary School: Emerson Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: Irregular
  • Additional Parcels: No
  • Parcel #: 135-49-097

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 30300.0
  • Insurance Expense: 956.0
  • Property Net Operating Income: 27168.0
  • Annual Operating Expense: 4088.0

Tax Info

  • Tax Annual Amount: 1212.0
  • Tax Book Number: 135.00
  • Tax Lot: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Oct 28, 2024
Sold by
Chader Properties Llc
Bought by
Vp Investments Arizona Llc
Seller's Agent
Kevin Barry
Keller Williams Integrity First
Buyer's Agent
Claudia Moreno
West USA Realty
List Price
$425,000
Sold Price
$427,500
Premium/Discount to List
$2,500
0.59%
Views
10
Current Estimated Value
$461,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,722
Avg. Annual Appreciation
5.61%
Original Mortgage
$309,500
Outstanding Balance
$307,392
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$153,830

Purchase Details

Closed on
Feb 5, 2020
Sold by
Ponce Moises
Bought by
Chader Properties Llc

Purchase Details

Listed on
Feb 13, 2017
Closed on
Aug 30, 2017
Sold by
Hamilton Mccann & Co
Bought by
Ponce Moises
Seller's Agent
Steve Chader
Keller Williams Integrity First
Buyer's Agent
Steve Chader
Keller Williams Integrity First
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$211,105
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 1994
Sold by
Mccaughey Carol and Anderson Marie Ann
Bought by
Hamilton Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
9.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vp Investments Arizona Llc $427,500 Title Alliance Of Arizona
Chader Properties Llc $250,000 Title Alliance Of Az Agcy Ll
Ponce Moises $215,000 Title Alliance Of Arizona Ll
Hamilton Scott $105,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vp Investments Arizona Llc $309,500
Previous Owner Ponce Moises $211,105
Previous Owner Hamilton Scott $73,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2024 10/29/24 Sold $427,500 +0.6% $167 / Sq Ft
10/26/2024 10/26/24 Price Changed $425,000 0.0% $166 / Sq Ft
10/08/2024 10/08/24 Price Changed $425,000 0.0% $166 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $425,000 +97.7% $166 / Sq Ft
08/31/2017 08/31/17 Sold $215,000 -4.4% $84 / Sq Ft View Prior Sale
04/24/2017 04/24/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $225,000 -- $88 / 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 $1,209 $12,252 -- --
2024 $1,212 $11,668 -- --
2023 $1,212 $37,780 $7,550 $30,230
2022 $1,187 $29,060 $5,810 $23,250
2021 $1,202 $23,780 $4,750 $19,030
2020 $1,186 $21,480 $4,290 $17,190
2019 $1,108 $18,710 $3,740 $14,970
2018 $1,064 $15,460 $3,090 $12,370
2017 $1,032 $13,760 $2,750 $11,010
2016 $1,013 $12,710 $2,540 $10,170
2015 $952 $11,350 $2,270 $9,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6746458

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-49-097

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