NOT LISTED FOR SALE

251 N 93rd St Mesa, AZ 85207

University Manor Neighborhood

Estimated Value: $356,000 - $585,000

-- Bed
-- Bath
2,739 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 20, 2014

Last sale price $160,000 $58 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $2,626/month

11 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of May 2014

Great opportunity for an investor to purchase a 4-unit building in good rental area. All units are 2-bedroom and have appliances and fixtures, ceramic tile floors, and were painted within the last couple years. Plumbing and electric are all copper too which means no huge maintenance needed! The property is located near downtown Mesa with numerous restaurants, retail, and employment opportunities nearby. Gross rent is $2000+tax!

Last Agent to Sell the Property

Eric Dixon

On Q Property Management License #BR627731000 Listed on: 05/07/2014

Last Buyer's Agent

Amy Wright

HomeSmart License #SA630243000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $559

Year Built

  • Built in 1985

Lot Details

  • 8,799

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Taft Elementary School
  • Skyline High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 220-25-008

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Saguaro East Lot 1 11 Tr A C Subdivision

Building Details

  • Operating Expense $559

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$559

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Ellsworth Road and University Drive
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2013
  • Directions: From Ellsworth Road and University Drive turn right on 93rd to property
  • Road Surface Type: Private Street
  • Subdivision Name: Saguaro East Lot 1-11 TR A-C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: 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:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • 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

  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Taft Elementary School
  • High School: Skyline High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 220-25-008

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 558.82

Tax Info

  • Tax Annual Amount: 558.82
  • Tax Book Number: 220.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2014
Closed on
Jul 15, 2014
Sold by
Wright Management Llc
Bought by
Wright Jeffrey R and Wright Amy L
Seller's Agent
Eric Dixon
On Q Property Management
Buyer's Agent
Amy Wright
HomeSmart
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%
Total Days on Market
11
Current Estimated Value
$457,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,147
Avg. Annual Appreciation
9.95%
Original Mortgage
$63,700
Outstanding Balance
$22,586
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$434,561

Purchase Details

Listed on
May 7, 2014
Closed on
May 15, 2014
Sold by
Carlson Grant
Bought by
Wright Management Llc
Seller's Agent
Eric Dixon
On Q Property Management
Buyer's Agent
Amy Wright
HomeSmart
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%

Purchase Details

Closed on
Dec 9, 2010
Sold by
Carlson Emily
Bought by
Carlson Grant

Purchase Details

Closed on
Jul 6, 2010
Sold by
Wasta Llc
Bought by
Famp Investments Llc

Purchase Details

Closed on
Jul 1, 2010
Sold by
Cross James
Bought by
Wasta Llc

Purchase Details

Closed on
Oct 18, 2005
Sold by
Castellini Daniel
Bought by
Cross Jamse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 30, 2005
Sold by
Cross Lajuana
Bought by
Cross James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 9, 2004
Sold by
Castellini Bridgett A
Bought by
Castellini Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,700
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 21, 2003
Sold by
Loft Rick P and Loft Rosaura
Bought by
Richardson Charles and Richardson Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
5.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 1, 1995
Sold by
Montford Richard M and Montford Terrie J
Bought by
Loft Rick P and Loft Rosaura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
8.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wright Jeffrey R -- None Available
Wright Management Llc $160,000 Pioneer Title Agency Inc
Carlson Grant -- Fidelity Natl Title Ins Co
Carlson Grant $118,000 Fidelity National Title
Famp Investments Llc $35,500 American Title Service Agenc
Wasta Llc $34,400 Stewart Title & Trust Of Pho
Cross Jamse $285,000 Capital Title Agency Inc
Cross James -- Capital Title Agency Inc
Castellini Dan -- Fidelity National Title
Castellini Daniel $255,000 Fidelity National Title
Richardson Charles $236,900 Chicago Title Insurance Co
Loft Rick P $81,780 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Jeffrey R $63,700
Previous Owner Cross James $28,500
Previous Owner Cross Jamse $228,000
Previous Owner Cross James $228,000
Previous Owner Castellini Dan $63,700
Previous Owner Castellini Daniel $165,750
Previous Owner Richardson Charles $45,600
Previous Owner Richardson Charles $171,000
Previous Owner Loft Rick P $73,600
Previous Owner Montford Richard M $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2014 05/20/14 Sold $160,000 +0.1% $58 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $159,900 -- $58 / 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 $836 $9,290 -- --
2024 $847 $8,848 -- --
2023 $847 $37,670 $7,530 $30,140
2022 $827 $27,370 $5,470 $21,900
2021 $825 $23,500 $4,700 $18,800
2020 $818 $19,880 $3,970 $15,910
2019 $758 $19,650 $3,930 $15,720
2018 $739 $16,430 $3,280 $13,150
2017 $714 $14,050 $2,810 $11,240
2016 $699 $13,150 $2,630 $10,520
2015 $653 $13,400 $2,680 $10,720
Source: Public Records

Agents Affiliated with this Home

  • Eric Dixon

    Seller's Agent in 2014

    Eric Dixon

    On Q Property Management

    (480) 332-7404

    1 in this area

    93 Total Sales

    Eric Dixon
    Section Image

  • A

    Buyer's Agent in 2014

    Amy Wright

    HomeSmart

    (206) 321-3219

    5 Total Sales

    Amy Wright
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5111956

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-25-008

Arizona Maricopa County Mesa 85207 University Manor

251 N 93rd St, Mesa, AZ

This home is located at 251 N 93rd St, Mesa, AZ 85207 since 07 May 2014 and is currently estimated at $457,147, approximately $166 per square foot. This property was built in 1985. 251 N 93rd St is a home located in Maricopa County with nearby schools including Taft 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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