NOT LISTED FOR SALE

248 S Ashland Mesa, AZ 85204

Temple Neighborhood
8 Beds
4 Baths
950 Sq Ft
1959 Built

Last Sold September 30, 2016

Last sale price $255,000 $268 Per Sq Ft

109 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • 4-minute walk to Eagles Park
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of September 2016

This 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 240 S. Ashland.

Last Agent to Sell the Property

Laney Brandt

Compass License #SA509279000 Listed on: 04/29/2016

Compass

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

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for trash collection, electricity
  • The owner pays for water
  • Tax Lot b
  • Assessor Parcel Number 138-29-031-Q

Community Details

Overview

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

Building Details

  • Operating Expense $5,209
  • Gross Income $24,000
  • Net Operating Income $18,791

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,109

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: Mesa Drive/ Main Street
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1959
  • Tax Year: 2015
  • Directions: East on Main Street, South on Ashland, fourplex is on the West side.
  • Road Surface Type: Asphalt, Concrete
  • Co List Office Mls Id: cril18
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: TEMPLE VILLA
  • Tax Parcel Letter: Q
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Add'l Parking Avail, >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric, 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:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Lowell Elementary School - Mesa
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Lot Size: 63x191
  • Additional Parcels: Yes
  • Parcel #: 138-29-031-Q

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Trash Collection, Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 24000.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 18791.0
  • Annual Operating Expense: 5209.0

Tax Info

  • Tax Annual Amount: 1109.0
  • Tax Book Number: 138.00
  • Tax Lot: b

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $255,000 -7.3% $268 / Sq Ft
08/01/2016 08/01/16 Price Changed $275,000 -4.8% $289 / Sq Ft
04/28/2016 04/28/16 For Sale $289,000 -- $304 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Laney Brandt

    Compass

    (602) 570-5395

    87 Total Sales

    Laney Brandt
    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Sharon Berrett

    HomeSmart

  • N

    Buyer's Agent in 2016

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5435208

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Mesa 85204 Temple

248 S Ashland, Mesa, AZ

This home is located at 248 S Ashland, Mesa, AZ 85204 since 29 April 2016. This property was built in 1959. 248 S Ashland is a home located in Maricopa County with nearby schools including Lowell Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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