L
Seller's Agent in 2016
Laney Brandt
Compass
(602) 570-5395
88 Total Sales
240 S Ashland Mesa, AZ 85204
Temple NeighborhoodEstimated Value: $520,166 - $797,000
--
Bed
--
Bath
897
Sq Ft
$695/Sq Ft
Est. Value
Highlights
- Cooling Available
- Heating Available
- 5-minute walk to Eagles Park
- Franklin at Brimhall Elementary School Rated A
About This Home
As of September 2016This is an amazing investment opportunity! This property has been very well maintained by the seller. The entire roof was replaced in 2014. All units are 2 bedroom, 1 bathroom units with one carport space. Each unit has washer/dryer hookups. Property always rents very easily and all units are currently leased. Many tenants have been there long term and want to stay. Rents can easily be increased by new owner.DRIVE BY ONLY, DO NOT DISTURB TENANTS. Must be sold with 248 S. Ashland.
Co-Listed By
Sharon Berrett
HomeSmart License #SA651857000
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,109
Year Built
- Built in 1959
Lot Details
- Additional Parcels
Home Design
- Composition Roof
- Block Exterior
Parking
- 2 Parking Spaces
- 1 Covered Space
- Common or Shared Parking
- On-Street Parking
Schools
- Lowell Elementary School - Mesa
- Mesa Junior High School
- Mesa High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for trash collection, electricity, cable TV
- The owner pays for water
- Tax Lot A
- Assessor Parcel Number 138-29-031-R
Community Details
Overview
- 4 Units
- Building Dimensions are 62x191
- Temple Villa Subdivision
Building Details
- Operating Expense $5,209
- Gross Income $24,000
- Net Operating Income $18,791
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2019
Sold by
Carr Ryan J and Carr Kristi L
Bought by
Carr Ryan J and Carr Kristi L
Current Estimated Value
Purchase Details
Listed on
Apr 29, 2016
Closed on
Sep 26, 2016
Sold by
Baker Judith Anne and Baker Judith A
Bought by
Carr Ryan and Carr Kristi
Seller's Agent
Laney Brandt
Compass
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$289,000
Sold Price
$255,000
Premium/Discount to List
-$34,000
-11.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$178,500
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2009
Sold by
The Bank Of America
Bought by
Baker Judith Anne and Baker Judith A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2007
Sold by
Ehlert Jennifer
Bought by
Ehlert Jennifer and Ehlert Ii Dennis R
Purchase Details
Closed on
Nov 29, 2006
Sold by
Hendrix M Laurin and Hendrix Evelyn
Bought by
Ehlert Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.37%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Nov 20, 2006
Sold by
Ehlert Dennis
Bought by
Ehlert Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.37%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
May 11, 2005
Sold by
Hallsted Richard K and Hallsted Anita T
Bought by
Hendrix M Laurin and Hendrix Evelyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 7, 1999
Sold by
Hallsted Richard Keith and Hallsted Anita T
Bought by
Hallsted Richard K and Hallsted Anita T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
3.35%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carr Ryan J | -- | None Available | |
| Carr Ryan | $255,000 | Title 365 Agency | |
| Baker Judith Anne | $130,000 | Great American Title Agency | |
| Ehlert Jennifer | -- | Magnus Title Agency | |
| Ehlert Jennifer | $297,500 | Magnus Title Agency | |
| Ehlert Jennifer | -- | Magnus Title Agency | |
| Hendrix M Laurin | $265,000 | Capital Title Agency Inc | |
| Hallsted Richard K | -- | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carr Ryan | $178,500 | |
| Previous Owner | Baker Judith Anne | $97,500 | |
| Previous Owner | Ehlert Jennifer | $59,500 | |
| Previous Owner | Ehlert Jennifer | $208,250 | |
| Previous Owner | Hendrix M Laurin | $212,000 | |
| Previous Owner | Hallsted Richard K | $108,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2016 09/30/16 | Sold | $255,000 | -7.3% | $284 / Sq Ft |
| 08/01/2016 08/01/16 | Price Changed | $275,000 | -4.8% | $307 / Sq Ft |
| 04/28/2016 04/28/16 | For Sale | $289,000 | -- | $322 / 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 | $1,401 | $14,273 | -- | -- |
| 2024 | $1,412 | $13,593 | -- | -- |
| 2023 | $1,412 | $53,120 | $10,620 | $42,500 |
| 2022 | $1,383 | $38,880 | $7,770 | $31,110 |
| 2021 | $1,400 | $32,550 | $6,510 | $26,040 |
| 2020 | $1,382 | $29,030 | $5,800 | $23,230 |
| 2019 | $1,291 | $23,960 | $4,790 | $19,170 |
| 2018 | $1,239 | $21,460 | $4,290 | $17,170 |
| 2017 | $1,202 | $17,220 | $3,440 | $13,780 |
| 2016 | $1,180 | $16,610 | $3,320 | $13,290 |
| 2015 | $1,109 | $14,760 | $2,950 | $11,810 |
Source: Public Records
Agents Affiliated with this Home
-
Laney Brandt
-
S
Seller Co-Listing Agent in 2016
Sharon Berrett
HomeSmart
-
N
Buyer's Agent in 2016
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5435219
APN: 138-29-031R
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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