NOT LISTED FOR SALE

243 N 93rd St Mesa, AZ 85207

University Manor Neighborhood

Estimated Value: $566,000 - $584,000

2 Beds
4 Baths
660 Sq Ft
$870/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $400,000 $606 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,075/month

8 Days on Market

Highlights

  • Evaporated cooling system
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of September 2020

Nice 4 plex apartment in East Mesa. Easy access to loop 202. Great income generating property with all 4 units occupied by good long term tenants. No HOA! This property will not last long!

Last Agent to Sell the Property

Mark Niles

HomeSmart License #SA665826000 Listed on: 08/24/2020

HomeSmart

Last Buyer's Agent

Mark Niles

HomeSmart License #SA665826000 Listed on: 08/24/2020

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $984

Year Built

  • Built in 1982

Lot Details

  • 10,106

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Adult Elementary School
  • Smith Junior High School
  • Skyline High School

Utilities

  • Evaporated cooling system
  • Heating Available
  • Master Water Meter
  • Septic Tank

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot UNK
  • Assessor Parcel Number 220-25-005-L

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10,106

Building Details

  • Operating Expense $984
  • Gross Income $29,400
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$984

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: N. Ellsworth Rd. and E University Dr.
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: 1-4
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2019
  • Road Surface Type: Gravel
  • Tax Parcel Letter: L
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Adult
  • High School: Skyline High School
  • Middle Or Junior School: Smith Junior High School

Lot Info

  • Lot Size: 10,106
  • Additional Parcels: No
  • Parcel #: 220-25-005-L

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 4
  • Annual Gross Income: 29400.0
  • Property Net Operating Income: 27000.0
  • Annual Operating Expense: 984.0

Tax Info

  • Tax Annual Amount: 984.0
  • Tax Book Number: 220.00
  • Tax Lot: UNK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Peters Andrew J
Bought by
Ab Granite Properties Llc
Current Estimated Value
$567,868

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 28, 2020
Sold by
Peters Brianna
Bought by
Peters Andrew
Seller's Agent
Mark Niles
HomeSmart
Buyer's Agent
Mark Niles
HomeSmart
List Price
$389,900
Sold Price
$400,000
Premium/Discount to List
$10,100
2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2019
Sold by
Jcn Rental Properteis 2 Llc
Bought by
243 North 93Rd Street Llc

Purchase Details

Closed on
Jan 4, 2017
Sold by
Jcn Rental Propertis 3 Llc
Bought by
Jcn Rental Properties 2 Llc

Purchase Details

Closed on
Mar 9, 2015
Sold by
Niles James
Bought by
Jcn Rental Properties 3 Llc

Purchase Details

Listed on
Jan 20, 2012
Closed on
May 21, 2012
Sold by
Hays Christopher and Hays Laurie N
Bought by
Niles James
Seller's Agent
Vicki Hayes
Good Oak Real Estate
Buyer's Agent
Pamm Seago-Peterlin
Century 21 Seago
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$90,900
Interest Rate
3.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2010
Sold by
Federal National Mortgage Association
Bought by
Niles James

Purchase Details

Closed on
Dec 9, 2009
Sold by
Niles James
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 17, 2009
Sold by
The Bank Of New York Mellon
Bought by
Hays Christopher and Hays Laurie N

Purchase Details

Closed on
May 28, 2009
Sold by
Sheldon Steve
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 2, 2005
Sold by
Mikel Sam
Bought by
Sheldon Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Sinclair James
Bought by
Mikel Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
1.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2005
Sold by
Mikel Molly
Bought by
Mikel Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
1.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2004
Sold by
Kopec Family Properties Llc
Bought by
Sinclair James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,300
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Kopec Marcin
Bought by
Kopec Family Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,300
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2003
Sold by
Kopec Stanislaw
Bought by
Kopec Marcin

Purchase Details

Closed on
May 13, 2003
Sold by
Tabora Jorge
Bought by
Kopec Stanisliw

Purchase Details

Closed on
Sep 15, 1998
Sold by
Tabora Jorge A
Bought by
Tabora Jorge A and Tabora Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ab Granite Properties Llc -- None Available
Peters Andrew -- Clear Title Agency Of Az
Peters Andrew $400,000 Clear Title Agency Of Az
243 North 93Rd Street Llc -- None Available
Jcn Rental Properties 2 Llc -- None Available
Jcn Rental Properties 3 Llc -- None Available
Niles James $129,900 Fidelity National Title Agen
Niles James -- Security Title Agency
Federal National Mortgage Association -- Security Title Agency
Hays Christopher $55,000 First American Title Ins Co
The Bank Of New York Mellon $59,925 First American Title
Sheldon Steven $265,000 --
Mikel Sam $251,000 Capital Title Agency Inc
Mikel Sam -- Capital Title Agency Inc
Sinclair James $221,900 Capital Title Agency Inc
Kopec Family Properties Llc -- --
Kopec Marcin -- --
Kopec Stanisliw $155,000 American Title Ins Agency Az
Tabora Jorge A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peters Andrew $300,000
Previous Owner Niles James $90,900
Previous Owner Sheldon Steven $185,500
Previous Owner Mikel Sam $200,000
Previous Owner Sinclair James $155,300
Closed Sinclair James $44,350
Closed Sheldon Steven $66,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2020 09/30/20 Sold $400,000 +2.6% $606 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $389,900 0.0% $591 / Sq Ft
08/31/2020 08/31/20 Price Changed $389,900 +2.6% $591 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $379,900 +192.5% $576 / Sq Ft
05/30/2012 05/30/12 Sold $129,900 -7.1% $197 / Sq Ft View Prior Sale
04/23/2012 04/23/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $139,900 -- $212 / 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 $1,086 $12,058 -- --
2024 $1,099 $11,484 -- --
2023 $1,099 $37,210 $7,440 $29,770
2022 $1,073 $27,050 $5,410 $21,640
2021 $1,071 $23,370 $4,670 $18,700
2020 $1,062 $21,880 $4,370 $17,510
2019 $984 $19,310 $3,860 $15,450
2018 $959 $16,110 $3,220 $12,890
2017 $926 $13,750 $2,750 $11,000
2016 $907 $12,910 $2,580 $10,330
2015 $847 $13,120 $2,620 $10,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mark Niles

    HomeSmart

    (480) 889-3700

    7 Total Sales

    Mark Niles
    Section Image

  • V

    Seller's Agent in 2012

    Vicki Hayes

    Good Oak Real Estate

    Section Image
  • Pamm Seago-Peterlin

    Buyer's Agent in 2012

    Pamm Seago-Peterlin

    Century 21 Seago

    (480) 703-7355

    156 Total Sales

    Pamm Seago-Peterlin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6121884

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-25-005L

Arizona Maricopa County Mesa 85207 University Manor

243 N 93rd St, Mesa, AZ

Not Listed for Sale

MultiFamily

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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