NOT LISTED FOR SALE

Estimated Value: $511,899 - $655,000

-- Bed
-- Bath
2,822 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $250,000 $89 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,366/month

15 Days on Market

Highlights

  • Central Heating and Cooling System
  • Franklin at Brimhall Elementary School Rated A
  • 5-minute walk to Eagles Park

About This Home

As of September 2016

This property is well maintained and the tenants are long term, 2 tenants have been there for many years, The location is a well established rental area which is easy to rent These units have 2 bdrms and an inside utility room and a rear yard many times hard to find The property stays rented and tenants pay well. Do not disturb tenants they do not know property is for sale.

Last Agent to Sell the Property

David Swaim

Service Star Realty License #BR018888000 Listed on: 07/27/2016

Last Buyer's Agent

Jason Bingham

Distinguished Properties License #BR528229000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,039

Year Built

  • Built in 1983

Lot Details

  • 0.28

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Lowell Elementary School - Mesa
  • Mesa Junior High School
  • Mesa High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 138-29-031-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are 63x191
  • Temple Villa Subdivision

Building Details

  • Operating Expense $7,939
  • Net Operating Income $19,011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,039

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Mesa Drive and Main St
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: [M-H] MULTI-FAM
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2015
  • Directions: East on Main Street,South on Ashland, property is on West side of street
  • Road Surface Type: Asphalt, Dedicated Street
  • Professional Management Expense: 2700.0
  • Subdivision Name: TEMPLE VILLA
  • Tax Parcel Letter: B
  • 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, Frame - Wood
  • Roof: See Remarks, Composition, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • 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:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Lowell Elementary School - Mesa
  • High School: Mesa High School
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Lot Size: 63x191
  • Additional Parcels: No
  • Parcel #: 138-29-031-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Property Net Operating Income: 19011.0
  • Annual Operating Expense: 7939.0

Tax Info

  • Tax Annual Amount: 1039.0
  • Tax Book Number: 138.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Williams Scott
Bought by
Williams Tamara
Total Days on Market
15
Current Estimated Value
$582,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,700
Outstanding Balance
$270,909
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$312,066

Purchase Details

Listed on
Jul 27, 2016
Closed on
Sep 13, 2016
Sold by
Tonto Rim Investments Llc
Bought by
Williams Scott and Williams Tamara Zuffi
Seller's Agent
David Swaim
Service Star Realty
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$187,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2011
Sold by
Ez Homes Inc
Bought by
Tonto Rim Investments Llc

Purchase Details

Closed on
Feb 24, 2011
Sold by
Avina David and Gonzalez Isela
Bought by
Ez Homes Inc

Purchase Details

Closed on
Jan 19, 2007
Sold by
Dove Canyon Real Estate Llc
Bought by
Avina David and Gonzalez Isela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2006
Sold by
Holguin Rick and Holguin Christine M
Bought by
Dove Canyon Real Estates Llc

Purchase Details

Closed on
Jun 15, 2004
Sold by
Dicarlo Phil and Dicarlo Tamara
Bought by
Holguin Rick and Holguin Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,700
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2001
Sold by
Harrison Donald R and Harrison Judith Lynn
Bought by
Dicarlo Philip and Dicarlo Tamara

Purchase Details

Closed on
Aug 21, 1998
Sold by
Harrison Donald R and Harrison Judith Lynn
Bought by
Harrison Donald R and Harrison Judith Lynn
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
Williams Tamara -- Clear Title Agency Of Az
Williams Scott $250,000 Clear Title Agency Of Az Llc
Tonto Rim Investments Llc -- None Available
Ez Homes Inc $93,300 None Available
Avina David $315,000 Stewart Title & Trust Of Pho
Dove Canyon Real Estates Llc -- None Available
Holguin Rick $265,000 First American Title Ins Co
Dicarlo Philip $190,900 North American Title Agency
Harrison Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Tamara $301,700
Closed Williams Scott $187,500
Previous Owner Avina David $252,000
Previous Owner Holguin Rick $205,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $250,000 -7.4% $89 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $269,900 -- $96 / 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 $1,313 $13,375 -- --
2024 $1,324 $12,738 -- --
2023 $1,324 $47,000 $9,400 $37,600
2022 $1,296 $35,960 $7,190 $28,770
2021 $1,312 $29,100 $5,820 $23,280
2020 $1,295 $26,080 $5,210 $20,870
2019 $1,210 $21,900 $4,380 $17,520
2018 $1,161 $19,550 $3,910 $15,640
2017 $1,127 $16,510 $3,300 $13,210
2016 $1,106 $15,960 $3,190 $12,770
2015 $1,039 $13,580 $2,710 $10,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5475845

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-29-031B