NOT LISTED FOR SALE

Estimated Value: $485,577 - $516,000

3 Beds
5 Baths
9,042 Sq Ft
$56/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $486,000 $54 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,780/month

55 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan
  • 5-minute walk to Eagles Park

About This Home

As of December 2021

Great opportunity to own a very unique duplex located in the heart of Mesa in the Temple Villa subdivision on a corner irrigated lot. Property features a home approx. 2574 sqft. 3 bedroom 3 bath new paint, showers and electrical service very clean and move in ready. In addition there is another detached 1 bedroom 2 bath home approx. 660 sqft. that is currently rented at $900 a month. Both homes are separately metered for everything landlord pays no utilities. All facts and figures are approx. buyer to verify to their satisfaction

Last Agent to Sell the Property

Jim Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR534149000 Listed on: 09/14/2021

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Becky Coen

eXp Realty License #SA025083000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 1957

Lot Details

  • 8,538

Home Design

  • Composition Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Wood Flooring

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, landscaping
  • Legal Lot and Block 11 / 1
  • Assessor Parcel Number 138-29-011

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are irr
  • Temple Villa Subdivision

Building Details

  • Operating Expense $5,296
  • Gross Income $31,200
  • Net Operating Income $25,928

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,796

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr. and Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: TEMPLE VILLA
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances: F/S Oven/Range, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved Parking, Free, >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Central A/C, Electric, Wall/Window Unit(s), Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 138-29-011

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 31200.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 25928.0
  • Annual Operating Expense: 5296.0

Tax Info

  • Tax Annual Amount: 1796.0
  • Tax Block: 1
  • Tax Book Number: 138.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 22, 2021
Sold by
Rodriguez Luis F and Rodriguez Regina
Bought by
Hall Brian D
Seller's Agent
Jim Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Becky Coen
eXp Realty
List Price
$525,000
Sold Price
$486,000
Premium/Discount to List
-$39,000
-7.43%
Current Estimated Value
$503,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,144
Avg. Annual Appreciation
0.85%
Original Mortgage
$413,100
Outstanding Balance
$379,318
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$123,826

Purchase Details

Closed on
Feb 22, 2021
Sold by
Brooks Benson K and Brooks Brooklyn A
Bought by
Rodriguez Luis F and Rodriguez Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2020
Sold by
Brooks Benson K and Brooks Brooklyn A
Bought by
Brooks Benson K and Brooks Brooklyn A

Purchase Details

Closed on
Aug 19, 2015
Sold by
Clare Fred L and Clare Patricia
Bought by
Brooks Benson and Brooks Brooklyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
4.05%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2001
Sold by
Pennington Carroll A and Pennington Tiffany L
Bought by
Clare Fred L and Clare Patricia

Purchase Details

Closed on
Jan 17, 1996
Sold by
Stradling Haskell V and Stradling Melba C
Bought by
Pennington Carroll A and Pennington Tiffany L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.25%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Hall Brian D $486,000 Premier Title Agency
Rodriguez Luis F -- Premier Title Agency
Brooks Benson K -- None Available
Brooks Benson $175,000 Pioneer Title Agency Inc
Clare Fred L $160,000 Capital Title Agency Inc
Pennington Carroll A $75,000 United Title Agency
Stradling Haskell V -- United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Brian D $413,100
Previous Owner Rodriguez Luis F $163,000
Previous Owner Brooks Benson $171,830
Previous Owner Pennington Carroll A $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $486,000 -2.8% $54 / Sq Ft
10/14/2021 10/14/21 Price Changed $499,900 -4.8% $55 / Sq Ft
09/14/2021 09/14/21 For Sale $525,000 -- $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 $1,789 $19,687 -- --
2024 $1,801 $18,750 -- --
2023 $1,801 $34,420 $6,880 $27,540
2022 $1,762 $24,160 $4,830 $19,330
2021 $1,796 $22,860 $4,570 $18,290
2020 $1,772 $21,880 $4,370 $17,510
2019 $1,226 $20,010 $4,000 $16,010
2018 $1,174 $15,670 $3,130 $12,540
2017 $1,138 $16,950 $3,390 $13,560
2016 $1,117 $15,510 $3,100 $12,410
2015 $1,052 $14,130 $2,820 $11,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6293303

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-29-011