NOT LISTED FOR SALE

25 S Beverly Mesa, AZ 85210

West Main Neighborhood
Studio
-- Bath
-- Sq Ft
1935 Built

Sale Details

Date Sold: March 31, 2021

Last sale price $529,000

2 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of March 2021

Excellent MESA location!! Walk to LIGHT RAIL and BUSLINE!! Property is situated within the WEST MAIN STREET AREA PLAN, close to the redevelopment areas of DOWNTOWN MESA and the FIESTA DISTRICT!! Less than 1 mile to the EAST VALLEY INSTITUTE OF TECHNOLOGY!! 10 UNIT rental income with many possibilities!! UNIT breakdown: 2 920 sf Duplexes, 5 Mobiles, and 1 400 sf Stand Alone Cottage. All units 1 bedroom of various sizes!! City of Mesa services!! Opportunity Zone, no capital gains taxes.

Last Agent to Sell the Property

Rich Palladino

Gary Call Real Estate License #SA111890000 Listed on: 02/11/2021

Co-Listed By

Tom Burt

Home Brokers Realty, Inc. License #BR006249000

Last Buyer's Agent

Peter Schnepp

J. Batchelor Realty LLC License #SA577311000

J. Batchelor Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1935

Home Design

  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Over 1 Space Per Unit

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Master Meter
  • Master Water Meter

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer
  • Assessor Parcel Number 134-04-015-E

Community Details

Overview

  • 3 Buildings
  • 10 Units
  • Building Dimensions are 150x92

Building Details

  • Operating Expense $15,624
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$924

Year Built

Built in 1935

Listing Details

  • Cross Street: Alma School and Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: C-G Gen Commerc
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1935
  • Tax Year: 2020
  • Road Surface Type: Gravel, Dirt
  • Co List Office Mls Id: home01
  • Co List Office Phone: 480-940-8222
  • Tax Parcel Letter: E
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Appliances: Built-In Range, Other, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Master Meter
  • Cooling: Evaporative Cooling, Other, See Remarks, Window/Wall Unit
  • Heating: Other, See Remarks, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Electric Master Meter: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 150x92
  • Additional Parcels: No
  • Parcel #: 134-04-015-E

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 10
  • Insurance Expense: 1700.0
  • Property Net Operating Income: 54000.0
  • Annual Operating Expense: 15624.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 924.0
  • Tax Book Number: 134.00
  • Tax Lot: 0
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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 List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $529,000 0.0% --
03/26/2021 03/26/21 For Sale $529,000 0.0% --
03/16/2021 03/16/21 For Sale $529,000 0.0% --
02/11/2021 02/11/21 For Sale $529,000 -- --
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 $941 $9,539 -- --
2024 $944 $9,084 -- --
2023 $944 $41,070 $8,210 $32,860
2022 $924 $25,760 $5,150 $20,610
2021 $936 $20,980 $4,190 $16,790
2020 $924 $18,570 $3,710 $14,860
2019 $863 $15,720 $3,140 $12,580
2018 $828 $14,000 $2,800 $11,200
2017 $803 $11,060 $2,210 $8,850
2016 $789 $9,820 $1,960 $7,860
Source: Public Records

Agents Affiliated with this Home

  • Rich Palladino

    Seller's Agent in 2021

    Rich Palladino

    Gary Call Real Estate

    (480) 940-8222

    9 Total Sales

    Rich Palladino
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Tom Burt

    Home Brokers Realty, Inc.

    Section Image
  • Peter Schnepp

    Buyer's Agent in 2021

    Peter Schnepp

    J. Batchelor Realty LLC

    (480) 695-0709

    1 Total Sale

    Peter Schnepp
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6193201

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Mesa 85210 West Main

25 S Beverly, Mesa, AZ

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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