NOT LISTED FOR SALE

Estimated Value: $493,196 - $536,000

6 Beds
-- Bath
1,983 Sq Ft
$264/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $535,000 $270 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,999/month

342 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of June 2022

Mesa triplex is now available. Located in the heart of Mesa, each unit features two large bedrooms and one bath. Open kitchen, spacious living room, private storage closet and covered parking space. Walking distance to light rail, close to freeways and shopping, No HOA. A great cashflow opportunity with a heathy cap rate! No vacancies with strong leases in places This one is a must for your portfolio. You won't find a better deal in Mesa!

Last Agent to Sell the Property

Eleazar Medrano

HomeSmart License #SA545022000 Listed on: 06/16/2021

Last Buyer's Agent

Malgorzata Baker

HomeSmart License #SA550283000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 1963

Lot Details

  • 6,752

Home Design

  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 138-14-014-E

Community Details

Overview

  • 3 Units
  • Building Dimensions are 72 x 95
  • Hibbert Allen Acres Lots 8 20 Subdivision

Building Details

  • Operating Expense $1,828

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$928

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Stapley and Broadway
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2020
  • Directions: One block north of Broadway on Stapley. East on Jarvis, south to Allen. Property is the second one on west side of road.
  • Road Surface Type: Dedicated Street
  • Subdivision Name: HIBBERT-ALLEN ACRES LOTS 8-20
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 300.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 72 x 95
  • Additional Parcels: No
  • Parcel #: 138-14-014-E

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 3
  • Electric Expense: 600.0
  • Annual Operating Expense: 1828.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 928.0
  • Tax Book Number: 138.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2019
Closed on
Mar 20, 2020
Sold by
Capellan Yiraldy Jimenez
Bought by
Pilskog Adam R
Seller's Agent
Sergio Galindo
At Home Real Estate Arizona
Buyer's Agent
Eleazar Medrano
HomeSmart
List Price
$399,900
Sold Price
$307,000
Premium/Discount to List
-$92,900
-23.23%
Current Estimated Value
$524,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,299
Avg. Annual Appreciation
10.44%
Original Mortgage
$230,250
Outstanding Balance
$205,296
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$311,300

Purchase Details

Listed on
Dec 5, 2017
Closed on
Feb 6, 2018
Sold by
Gibson Shane
Bought by
Capellan Yiraldy Jimenez
Seller's Agent
William Nager
My Home Group Real Estate
Buyer's Agent
Sergio Galindo
At Home Real Estate Arizona
List Price
$229,000
Sold Price
$217,500
Premium/Discount to List
-$11,500
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.65%
Original Mortgage
$213,560
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 20, 2013
Closed on
Jun 21, 2013
Sold by
Dawlatzai Habibullah K
Bought by
Gibson Shane
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
William Nager
My Home Group Real Estate
List Price
$139,500
Sold Price
$133,350
Premium/Discount to List
-$6,150
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%
Original Mortgage
$100,013
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2012
Closed on
Jul 21, 2012
Sold by
Dawlatzai Rukhsana
Bought by
Dawlatzai Habibullah K
Seller's Agent
Chad Cluff
Cluff Real Estate LLC
Buyer's Agent
Jim Swindle
Better Homes & Gardens Real Estate SJ Fowler
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.46%
Original Mortgage
$78,750
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2012
Closed on
Jul 20, 2012
Sold by
Wallin Michael J
Bought by
Dawlatzai Habibullah K
Seller's Agent
Chad Cluff
Cluff Real Estate LLC
Buyer's Agent
Jim Swindle
Better Homes & Gardens Real Estate SJ Fowler
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2009
Sold by
Fannie Mae
Bought by
Wallin Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,375
Interest Rate
5.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2009
Sold by
Morales Algimiro and Morales Teresa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 18, 2005
Sold by
Colin German
Bought by
Morales Algimiro and Morales Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2004
Sold by
Colin Margarita
Bought by
Colin German

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
8.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2003
Sold by
Aurora Loan Services Inc
Bought by
Colin German and Colin Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,765
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2003
Sold by
Pelleran Kim R
Bought by
Aurora Loan Services Inc

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.51%
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
$104,000
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
$93,600
Interest Rate
8.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 25, 2000
Sold by
Schultz J Frosty and Schultz Vicki 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
$93,600
Interest Rate
8.18%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Pilskog Adam R $307,000 Security Title Agency Inc
Capellan Yiraldy Jimenez $217,500 Security Title Agency Inc
Gibson Shane $133,350 First Arizona Title Agency
Dawlatzai Habibullah K -- Chicago Title Agency Inc
Dawlatzai Habibullah K $115,000 Chicago Title Agency Inc
Wallin Michael J $76,500 Stewart Title & Trust Of Pho
Federal National Mortgage Association $183,350 First American Title
Morales Algimiro $206,000 Capital Title Agency Inc
Colin German -- Security Title Agency
Colin German $115,000 Fidelity National Title
Aurora Loan Services Inc $136,178 --
Pelleran Kim $155,000 Stewart Title & Trust
Legrande Investments Llc -- Stewart Title & Trust
Hillard C D -- Stewart Title & Trust
Legrande Investments Llc -- --
Hillard C Dale $117,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pilskog Adam R $230,250
Previous Owner Capellan Yiraldy Jimenez $213,560
Previous Owner Gibson Shane $100,013
Previous Owner Dawlatzai Habibullah K $78,750
Previous Owner Dawlatzai Habibullah K $78,750
Previous Owner Wallin Michael J $57,375
Previous Owner Morales Algimiro $165,000
Previous Owner Morales Algimiro $144,200
Previous Owner Colin German $109,800
Previous Owner Colin German $100,765
Previous Owner Pelleran Kim $124,000
Previous Owner Hillard C D $104,000
Previous Owner Hillard C Dale $93,600
Closed Hillard C Dale $11,700
Closed Pelleran Kim $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $535,000 -3.6% $270 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/24/2022 05/24/22 Price Changed $555,000 0.0% $280 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/05/2022 05/05/22 Price Changed $555,000 0.0% $280 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $555,000 +3.7% $280 / Sq Ft
04/02/2022 04/02/22 Off Market $535,000 -- --
04/01/2022 04/01/22 For Sale $555,000 0.0% $280 / Sq Ft
03/01/2022 03/01/22 For Sale $555,000 0.0% $280 / Sq Ft
03/01/2022 03/01/22 Price Changed $555,000 0.0% $280 / Sq Ft
02/22/2022 02/22/22 For Sale $555,000 0.0% $280 / Sq Ft
02/22/2022 02/22/22 Price Changed $555,000 0.0% $280 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
10/27/2021 10/27/21 Price Changed $555,000 -1.8% $280 / Sq Ft
09/17/2021 09/17/21 Price Changed $565,000 -1.7% $285 / Sq Ft
07/30/2021 07/30/21 Price Changed $575,000 -4.2% $290 / Sq Ft
06/17/2021 06/17/21 For Sale $599,900 +12.1% $303 / Sq Ft
06/17/2021 06/17/21 Off Market $535,000 -- --
06/16/2021 06/16/21 For Sale $599,900 +95.4% $303 / Sq Ft
03/25/2020 03/25/20 Sold $307,000 -17.0% $155 / Sq Ft
02/18/2020 02/18/20 Price Changed $369,999 -1.3% $187 / Sq Ft
01/31/2020 01/31/20 Price Changed $374,999 0.0% $189 / Sq Ft
01/23/2020 01/23/20 Price Changed $375,000 -4.8% $189 / Sq Ft
01/07/2020 01/07/20 Price Changed $394,000 -1.3% $199 / Sq Ft
12/31/2019 12/31/19 Price Changed $399,000 -0.2% $201 / Sq Ft
12/22/2019 12/22/19 For Sale $399,900 +83.9% $202 / Sq Ft
02/09/2018 02/09/18 Sold $217,500 -5.0% $110 / Sq Ft
12/30/2017 12/30/17 Pending -- -- --
11/27/2017 11/27/17 For Sale $229,000 +71.7% $115 / Sq Ft
06/25/2013 06/25/13 Sold $133,350 -4.4% $67 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $139,500 +21.3% $70 / Sq Ft
07/26/2012 07/26/12 Sold $115,000 -4.2% $192 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $120,000 -- $200 / 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 $941 $9,587 -- --
2024 $949 $9,130 -- --
2023 $949 $32,850 $6,570 $26,280
2022 $929 $23,210 $4,640 $18,570
2021 $940 $19,260 $3,850 $15,410
2020 $928 $17,230 $3,440 $13,790
2019 $867 $13,710 $2,740 $10,970
2018 $832 $12,410 $2,480 $9,930
2017 $808 $12,060 $2,410 $9,650
2016 $793 $11,220 $2,240 $8,980
2015 $745 $9,860 $1,970 $7,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6251400

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-14-014E