NOT LISTED FOR SALE

263 N 93rd St Mesa, AZ 85207

University Manor Neighborhood

Estimated Value: $496,716 - $572,000

Studio
-- Bath
2,856 Sq Ft
$188/Sq Ft Est. Value

Sale Details

Date Sold: December 27, 2018

Last sale price $295,000 $103 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,977 / mo

97 Days on Market

Highlights

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

About This Home

As of December 2018

Nice 4 plex apartment in East Mesa. Great income generating property with all 4 units occupied by good long term tenants. Tiles floors throughout. Each unit has its own fenced back yard. #4 has a huge yard and rents for $50 more. No HOA!

Last Agent to Sell the Property

Mark Niles

HomeSmart License #SA665826000 Listed on: 08/03/2018

HomeSmart

Last Buyer's Agent

Mark Niles

HomeSmart License #SA665826000 Listed on: 08/03/2018

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1985

Lot Details

  • 8,799

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 220-25-010

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8,806 sq ft
  • Saguaro East Lot 1 11 Tr A C Subdivision

Building Details

  • Operating Expense $3,834
  • Gross Income $28,812
  • Net Operating Income $24,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$732

Year Built

Built in 1985

Lot Details

8,799 Sq Ft Lot

Listing Details

  • Cross Street: University Dr. and Ellsworth Rd.
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2017
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: SAGUARO EAST LOT 1-11 TR A-C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • 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:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Fee Information

  • Trash Expense: 335.4
  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 8,806 sq ft
  • Additional Parcels: No
  • Parcel #: 220-25-010

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 28812.0
  • Insurance Expense: 567.24
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 24977.76
  • Annual Operating Expense: 3834.24
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 731.6
  • Tax Book Number: 220.00
  • Tax Lot: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Bought by
Current Estimated Value
$537,929

Purchase Details

Closed on
Jan 31, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
0.036%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2018
Closed on
Dec 18, 2018
Sold by
Bought by
Seller's Agent
Mark Niles
HomeSmart
Buyer's Agent
Mark Niles
HomeSmart
List Price
$348,900
Sold Price
$295,000
Premium/Discount to List
-$53,900
-15.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$236,000
Interest Rate
0.049%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
0.0423%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
0.0423%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
0.0615%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,100
Interest Rate
0.0725%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 2, 2003
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
$295,000 Old Republic Title Agency
-- None Available
-- Lawyers Title Of Arizona Inc
-- Lawyers Title Of Arizona Inc
-- None Available
-- None Available
-- None Available
$113,691 Accommodation
$292,000 First American Title Ins Co
-- Alliance Title Partners
-- Alliance Title Partners
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $238,500
Previous Owner $236,000
Previous Owner $66,500
Previous Owner $219,000
Previous Owner $177,100
Previous Owner $57,575
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/27/2018 12/27/18 Sold $295,000 -4.8% $103 / Sq Ft
11/07/2018 11/07/18 Price Changed $310,000 -1.6% $109 / Sq Ft
10/22/2018 10/22/18 Price Changed $314,900 -1.6% $110 / Sq Ft
10/11/2018 10/11/18 Price Changed $319,900 -1.5% $112 / Sq Ft
10/03/2018 10/03/18 Price Changed $324,900 -1.2% $114 / Sq Ft
09/19/2018 09/19/18 Price Changed $328,900 -1.2% $115 / Sq Ft
08/30/2018 08/30/18 Price Changed $332,900 -2.1% $117 / Sq Ft
08/16/2018 08/16/18 Price Changed $339,900 -2.6% $119 / Sq Ft
08/03/2018 08/03/18 For Sale $348,900 -- $122 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $858 $9,525
2024 $868 $9,071
2023 $868 $38,730 $7,740 $30,990
2022 $848 $28,130 $5,620 $22,510
2021 $846 $24,120 $4,820 $19,300
2020 $839 $20,420 $4,080 $16,340
2019 $777 $20,210 $4,040 $16,170
2018 $758 $16,910 $3,380 $13,530
2017 $732 $14,450 $2,890 $11,560
2016 $716 $13,520 $2,700 $10,820
2015 $669 $13,810 $2,760 $11,050
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mark Niles

    HomeSmart

    (480) 889-3700

    10 Total Sales

    Mark Niles
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5801995

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-25-010

Arizona Maricopa County Mesa 85207 University Manor

263 N 93rd St, 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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