D
Seller's Agent in 2017
Derek Olson
Cluff Real Estate LLC
260 W 8th Ave Unit 40 Mesa, AZ 85210
Woodbridge Crossing NeighborhoodEstimated Value: $408,052 - $714,000
1
Bed
4
Baths
812
Sq Ft
$704/Sq Ft
Est. Value
Highlights
- Cooling Available
- Franklin at Brimhall Elementary School Rated A
- Heat Pump System
About This Home
As of September 2017Great investment opportunity for an investor looking for steady income. This four-plex is located close to the heart of Mesa and with in walking distance of the Country Club and Main Light rail station. Tenants that are currently in residence have been there long term and have been reliable renters. Property has been professionally managed and maintained for the current span of ownership.
This will
Last Agent to Sell the Property
Derek Olson
Cluff Real Estate LLC License #SA660379000 Listed on: 07/12/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,149
Year Built
- Built in 1985
Lot Details
- 3,964
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 8 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
Schools
- Guerrero Elementary School
- Rhodes Junior High School
- Dobson High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for water, sewer
- Tax Lot 40
- Assessor Parcel Number 139-40-174
Community Details
Overview
- 4 Units
- Building Dimensions are 3955 sq ft
- Amberwood Manor Amd Lot 1 41 Tr A R Subdivision
Building Details
- Operating Expense $13,513
- Gross Income $29,640
- Net Operating Income $16,127
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2017
Closed on
Aug 7, 2017
Sold by
Ducharme Francis
Bought by
Patel Sarjit and Patel Nikita
Seller's Agent
Derek Olson
Cluff Real Estate LLC
Buyer's Agent
Kirk DeSpain
Call Realty, Inc.
List Price
$235,000
Sold Price
$232,500
Premium/Discount to List
-$2,500
-1.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,263
Avg. Annual Appreciation
11.58%
Original Mortgage
$174,375
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 16, 2016
Sold by
Cerna Giselle
Bought by
Ducharme Francis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.41%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 6, 2011
Sold by
Guina Robert Eric and Bingham Jason
Bought by
7102976 Canada Inc
Purchase Details
Closed on
Apr 16, 2010
Sold by
Guina Robert Eric
Bought by
Guina Robert Eric and Bingham Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 14, 2010
Sold by
Jkm Trading Inc
Bought by
Guina Robert Eric
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 28, 2008
Sold by
Flores Kathleen Dolores
Bought by
Jkm Trading Inc
Purchase Details
Closed on
Aug 3, 2006
Sold by
Tulio Larry and Tulio Marcia
Bought by
Flores Kathleen Dolores
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 22, 2006
Sold by
Flores Jeffrey R
Bought by
Flores Kathleen Dolores
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 11, 2004
Sold by
Tulio Larry and Tulio Marcia
Bought by
Tulio Larry and Tulio Marcia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,880
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 18, 1994
Sold by
J E Allen Management Co
Bought by
Brosius Robert E and Brosius Tawnya H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
8.7%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Sarjit | $232,500 | Clear Title Agency Of Arizon | |
| Ducharme Francis | -- | Clear Title Agency Of Az Llc | |
| Ducharme Francis | $210,000 | Clear Title Agency Of Az Llc | |
| 7102976 Canada Inc | $804,000 | Clear Title Agency Of Arizon | |
| Guina Robert Eric | -- | Accommodation | |
| Guina Robert Eric | $75,000 | Chicago Title Insurance Comp | |
| Jkm Trading Inc | -- | Capital Title Agency Inc | |
| Flores Kathleen Dolores | $335,000 | Capital Title Agency Inc | |
| Flores Kathleen Dolores | -- | Capital Title Agency Inc | |
| Tulio Larry | -- | Chicago Title Insurance Co | |
| Tulio Larry | $212,000 | Chicago Title Insurance Co | |
| Brosius Robert E | $86,787 | United Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Patel Sarjit | $174,375 | |
| Previous Owner | Ducharme Francis | $157,500 | |
| Previous Owner | Guina Robert Eric | $53,500 | |
| Previous Owner | Flores Kathleen Dolores | $301,500 | |
| Previous Owner | Flores Kathleen Dolores | $301,500 | |
| Previous Owner | Tulio Larry | $156,880 | |
| Previous Owner | Brosius Robert E | $68,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2017 09/22/17 | Sold | $232,500 | -1.1% | $286 / Sq Ft |
| 09/14/2017 09/14/17 | Price Changed | $235,000 | 0.0% | $289 / Sq Ft |
| 08/30/2017 08/30/17 | Price Changed | $235,000 | 0.0% | $289 / Sq Ft |
| 07/17/2017 07/17/17 | Pending | -- | -- | -- |
| 07/12/2017 07/12/17 | For Sale | $235,000 | -- | $289 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,371 | $13,897 | -- | -- |
| 2024 | $1,375 | $13,235 | -- | -- |
| 2023 | $1,375 | $42,310 | $8,460 | $33,850 |
| 2022 | $1,347 | $30,510 | $6,100 | $24,410 |
| 2021 | $1,363 | $24,310 | $4,860 | $19,450 |
| 2020 | $1,345 | $21,610 | $4,320 | $17,290 |
| 2019 | $1,257 | $17,980 | $3,590 | $14,390 |
| 2018 | $1,206 | $16,030 | $3,200 | $12,830 |
| 2017 | $1,171 | $14,600 | $2,920 | $11,680 |
| 2016 | $1,149 | $14,470 | $2,890 | $11,580 |
| 2015 | $1,080 | $14,400 | $2,880 | $11,520 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kirk DeSpain
Buyer's Agent in 2017
Kirk DeSpain
Call Realty, Inc.
(602) 989-1755
192 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5632182
APN: 139-40-174
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.
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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