NOT LISTED FOR SALE

263 S Allen Mesa, AZ 85204

Reed Park Neighborhood

Estimated Value: $529,516 - $707,000

8 Beds
-- Bath
2,599 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $415,000 $160 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,464/month

52 Days on Market

Highlights

  • Central Heating and Cooling System
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of December 2020

Appraised $425,000 10/31/2020. Single level older 4 plex. 2 units have fenced private back yards. All tile floors. Ceiling fans. Covered parking. Owner pays water, sewer, trash & gas. Quiet dead end street. No laundry hookups. Security doors #A & #C. DO NOT DISTURB TENANTS. DRIVE BY ONLY. Interior inspections after accepted contract.

Last Agent to Sell the Property

Donald Geahlen

Mesa Realty, Inc. License #BR004992000 Listed on: 10/14/2020

Last Buyer's Agent

Tarun Chopra

1st Dream Realty License #SA655749000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,131

Year Built

  • Built in 1963

Lot Details

  • 8,799

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Longfellow Elementary School
  • Mesa Junior High School
  • Mesa High School

Utilities

  • Central Heating and Cooling System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 138-14-014-F

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8817
  • Hibbert Allen Acres Lots 8 20 Subdivision

Building Details

  • Operating Expense $4,731
  • Gross Income $36,000
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,131

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Stapley/Broadway
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-family
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2020
  • Directions: N. of Broadway on Stapley to Jarvis East to Allen. Right to 1st building on left.
  • Road Surface Type: Asphalt, Dedicated Street
  • Professional Management Expense: 3600.0
  • Subdivision Name: HIBBERT-ALLEN ACRES LOTS 8-20
  • Tax Parcel Letter: F
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Longfellow Elementary School
  • High School: Mesa High School
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Lot Size: 8817
  • Additional Parcels: No
  • Parcel #: 138-14-014-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 36000.0
  • Property Net Operating Income: 32400.0
  • Annual Operating Expense: 4731.0

Tax Info

  • Tax Annual Amount: 1131.0
  • Tax Book Number: 138.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Jan 21, 2021
Sold by
Chopra Tarun
Bought by
Tach Llc
Seller's Agent
Donald Geahlen
Mesa Realty, Inc.
Buyer's Agent
Tarun Chopra
1st Dream Realty
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$618,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,129
Avg. Annual Appreciation
8.95%
Original Mortgage
$275,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 8, 2020
Sold by
Pries Melissa
Bought by
Chopra Tarun
Seller's Agent
Donald Geahlen
Mesa Realty, Inc.
Buyer's Agent
Tarun Chopra
1st Dream Realty
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2019
Sold by
Trayleon Holdings Llc
Bought by
Pries Melissa A

Purchase Details

Closed on
Jan 26, 2012
Sold by
Bigdab Llc
Bought by
Trayleon Holdings Llc

Purchase Details

Closed on
Jun 10, 2010
Sold by
Gablamar Properties Llc
Bought by
Bigdab Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2009
Sold by
Atkinson Monique F
Bought by
Gablamar Properties Llc

Purchase Details

Closed on
Aug 27, 2009
Sold by
Atkinson Monique F
Bought by
Atkinson Monique and Atkinson Family Trust

Purchase Details

Closed on
May 26, 2005
Sold by
Montano Michelle
Bought by
Atkinson Monique F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2004
Sold by
Richardson Dan A and Richardson Jorth A
Bought by
Montano Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
Metrociti Mortgage Llc
Bought by
Richardson Dan A and Richardson Jorth A

Purchase Details

Closed on
Jul 17, 2003
Sold by
Pelleran Kim R
Bought by
Metrociti Mortgage Llc

Purchase Details

Closed on
Jul 22, 2002
Sold by
Legrande Investments Llc
Bought by
Pelleran Kim R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2001
Sold by
Hillard C D and Hillard Virginia A
Bought by
Legrande Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.92%

Purchase Details

Closed on
Jun 23, 2000
Sold by
Hillard C Dale and Hillard Virginia A
Bought by
Legrande Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
8.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 25, 2000
Sold by
Schultz J Frosty and Schultz Vickie O
Bought by
Hillard C Dale and Hillard Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
8.18%
Mortgage Type
Seller Take Back
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
Tach Llc -- Accommodation
Chopra Tarun $415,000 Great American Ttl Agcy Inc
Pries Melissa A -- None Available
Trayleon Holdings Llc $95,000 Empire West Title Agency
Bigdab Llc $135,000 First American Title Ins Co
Gablamar Properties Llc $87,000 American Title Service Agenc
Atkinson Monique -- Accommodation
Atkinson Monique F $292,000 Security Title Agency Inc
Montano Michelle $255,000 Security Title Agency Inc
Richardson Dan A $158,000 First Financial Title Agency
Metrociti Mortgage Llc $155,000 Lawyers Title Of Arizona Inc
Pelleran Kim R $180,000 Stewart Title & Trust
Legrande Investments Llc -- Stewart Title & Trust
Hillard C D -- Stewart Title & Trust
Legrande Investments Llc -- --
Hillard C Dale $148,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chopra Tarun $275,000
Previous Owner Bigdab Llc $67,500
Previous Owner Atkinson Monique F $233,600
Previous Owner Montano Michelle $204,000
Previous Owner Pelleran Kim R $126,000
Previous Owner Hillard C D $132,000
Previous Owner Hillard C Dale $118,400
Previous Owner Schultz J Frosty $74,200
Closed Hillard C Dale $14,800
Closed Pelleran Kim R $54,000
Closed Atkinson Monique F $29,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $415,000 -2.4% $160 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/28/2020 11/28/20 For Sale $425,000 0.0% $164 / Sq Ft
11/28/2020 11/28/20 Price Changed $425,000 0.0% $164 / Sq Ft
11/16/2020 11/16/20 For Sale $425,000 0.0% $164 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $425,000 0.0% $164 / Sq Ft
11/02/2020 11/02/20 Price Changed $425,000 +7.6% $164 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $395,000 -- $152 / 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 $1,147 $11,682 -- --
2024 $1,156 $11,125 -- --
2023 $1,156 $43,950 $8,790 $35,160
2022 $1,132 $30,770 $6,150 $24,620
2021 $1,146 $24,760 $4,950 $19,810
2020 $1,131 $21,620 $4,320 $17,300
2019 $1,057 $16,930 $3,380 $13,550
2018 $1,014 $15,480 $3,090 $12,390
2017 $984 $15,420 $3,080 $12,340
2016 $966 $14,600 $2,920 $11,680
2015 $908 $12,320 $2,460 $9,860
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Donald Geahlen

    Mesa Realty, Inc.

    (602) 999-9350

    1 in this area

    11 Total Sales

    Section Image

  • T

    Buyer's Agent in 2020

    Tarun Chopra

    1st Dream Realty

    (602) 743-2111

    1 in this area

    37 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6146296

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-14-014F

Arizona Maricopa County Mesa 85204 Reed Park

263 S Allen, Mesa, AZ

This home is located at 263 S Allen, Mesa, AZ 85204 since 14 October 2020 and is currently estimated at $618,129, approximately $237 per square foot. This property was built in 1963. 263 S Allen is a home located in Maricopa County with nearby schools including Longfellow 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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