NOT LISTED FOR SALE

260 W 8th Ave Unit 7 Mesa, AZ 85210

Woodbridge Crossing Neighborhood

Estimated Value: $678,000 - $769,000

-- Bed
4 Baths
812 Sq Ft
$888/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $701,000 $863 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,939/month

4 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2023

Building consists of 4 units, 2 upstairs and 2 downstairs. Majority if units have been renovated and renting at a premium. Various renovations include all tile flooring, new countertops, vanities & fixtures and interior paint. Units are easy to maintain and easily rented.Each HOA covers parking and landscaping. All units have been professionally managed and stable tenants. Current leases @ $1295/$1350/$1095/$815 on each unit.

Last Agent to Sell the Property

Chad Arend

HomeSmart License #SA568776000 Listed on: 09/06/2023

HomeSmart

Last Buyer's Agent

Tarun Chopra

1st Dream Realty License #SA655749000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1985

Lot Details

  • 4,835

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Schools

  • Guerrero Elementary School
  • Rhodes Junior High School
  • Dobson High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 7
  • Assessor Parcel Number 139-40-141

Community Details

Overview

  • 4 Units
  • Building Dimensions are 69 x 80
  • Amberwood Manor Subdivision

Building Details

  • Operating Expense $5,156
  • Gross Income $59,280
  • Net Operating Income $43,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,376

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Broadway & Country Club
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2022
  • Directions: South on Country Club to 8th Ave, east to complex on north side
  • Road Surface Type: Asphalt
  • Subdivision Name: AMBERWOOD MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: City Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Guerrero Elementary School
  • High School: Dobson High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Rhodes Junior High School

Lot Info

  • Lot Size: 69 x 80
  • Additional Parcels: No
  • Parcel #: 139-40-141

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 59280.0
  • Property Net Operating Income: 43680.0
  • Annual Operating Expense: 5156.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1376.0
  • Tax Book Number: 139.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Dec 12, 2019
Sold by
Jcr Mesa Investment Llc
Bought by
Bjorndahl Jonathan Joseph and Bjorndahi Ann Kristine L
Seller's Agent
Chad Arend
HomeSmart
Buyer's Agent
Chad Arend
HomeSmart
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Current Estimated Value
$721,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,217
Avg. Annual Appreciation
11.39%
Original Mortgage
$288,750
Outstanding Balance
$254,575
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$466,642

Purchase Details

Listed on
Jun 18, 2013
Closed on
Dec 6, 2013
Sold by
Coester Robert
Bought by
Jcr Mesa Investments Llc
Seller's Agent
Toni Perera
Infinity Realty Arizona
Buyer's Agent
Chad Arend
HomeSmart
List Price
$165,000
Sold Price
$155,500
Premium/Discount to List
-$9,500
-5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.25%
Original Mortgage
$200,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2012
Sold by
Coester Sylvia
Bought by
Coester Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2002
Sold by
Jones James E and Jones Linda Lee
Bought by
Pope Michelle Lee and Jones Jeffrey James

Purchase Details

Closed on
Jun 14, 1997
Sold by
Borok Moss Jeffrey A and Borok Moss Donna
Bought by
Jones James E and Jones James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Bjorndahl Jonathan Joseph $385,000 Empire West Title Agency Llc
Jcr Mesa Investments Llc $311,000 Lawyers Title Of Arizona Inc
Coester Robert -- Stewart Title & Trust Of Pho
Coester Robert $155,000 Stewart Title & Trust Of Pho
Pope Michelle Lee -- --
Jones James E $130,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bjorndahl Jonathan Joseph $288,750
Previous Owner Jcr Mesa Investments Llc $200,000
Previous Owner Coester Robert $112,500
Previous Owner Jones James E $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2023 10/26/23 Sold $701,000 -3.3% $863 / Sq Ft
09/29/2023 09/29/23 Off Market $725,000 -- --
09/11/2023 09/11/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $725,000 +88.3% $893 / Sq Ft
12/20/2019 12/20/19 Sold $385,000 -3.5% $474 / Sq Ft View Prior Sale
10/18/2019 10/18/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $399,000 +156.6% $491 / Sq Ft
12/12/2013 12/12/13 Sold $155,500 -5.8% $192 / Sq Ft View Prior Sale
06/19/2013 06/19/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $165,000 -- $203 / 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 $1,394 $14,200 -- --
2024 $1,405 $13,524 -- --
2023 $1,405 $43,270 $8,650 $34,620
2022 $1,376 $31,170 $6,230 $24,940
2021 $1,393 $25,010 $5,000 $20,010
2020 $1,375 $22,210 $4,440 $17,770
2019 $1,284 $18,330 $3,660 $14,670
2018 $1,233 $16,310 $3,260 $13,050
2017 $1,196 $14,820 $2,960 $11,860
2016 $1,174 $14,800 $2,960 $11,840
2015 $1,103 $14,650 $2,930 $11,720
Source: Public Records

Agents Affiliated with this Home

  • Chad Arend

    Seller's Agent in 2023

    Chad Arend

    HomeSmart

    (602) 740-2074

    1 in this area

    99 Total Sales

    Chad Arend
    Section Image

  • T

    Buyer's Agent in 2023

    Tarun Chopra

    1st Dream Realty

    (602) 743-2111

    1 in this area

    36 Total Sales

    Tarun Chopra
    Section Image
  • Toni Perera

    Seller's Agent in 2013

    Toni Perera

    Infinity Realty Arizona

    (480) 352-1027

    3 Total Sales

    Toni Perera
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6601532

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-40-141

Arizona Maricopa County Mesa 85210 Woodbridge Crossing

260 W 8th Ave Unit 7, Mesa, AZ

This home is located at 260 W 8th Ave Unit 7, Mesa, AZ 85210 since 06 September 2023 and is currently estimated at $721,217, approximately $888 per square foot. This property was built in 1985. 260 W 8th Ave Unit 7 is a home located in Maricopa County with nearby schools including Guerrero 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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