NOT LISTED FOR SALE

2650 E Mckellips Rd Unit 216 Mesa, AZ 85213

Rancho de Arboleda Neighborhood

Estimated Value: $584,492 - $925,000

Studio
-- Bath
3,560 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2018

Last sale price $349,497 $98 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,310 / mo

73 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Heating Available
  • Hermosa Vista Elementary School Rated A-

About This Home

As of May 2018

Incredible fourplex in a fantastic location! Property consistently produces rents at $725,$725,$725,$700 a month. Potential to increase rent as well. All units are 2 bedrooms 2 baths. Complex also has swimming pool and tennis/basketball court. Never had any problems keeping these units 100 percent leased! Buyer to verify all facts and figures on their own.

Last Agent to Sell the Property

Beau Tanner

Evergreen Realty LLC License #SA660487000 Listed on: 01/20/2018

Last Buyer's Agent

Ryan Swan

HomeSmart License #SA661174000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1993

Lot Details

  • 6,011

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Hermosa Vista Elementary School
  • Stapley Junior High School
  • Mountain View High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 141-08-233

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6005 SF

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $11,387
  • Gross Income $31,437
  • Net Operating Income $20,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,756

Year Built

Built in 1993

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Cross Street: Lindsay & Mckellips
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1993
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • 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:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Community Amenities:Pool2: Yes

Schools

  • Elementary School: Hermosa Vista Elementary School
  • High School: Mountain View High School
  • Middle Or Junior School: Stapley Junior High School

Lot Info

  • Lot Size: 6005 SF
  • Additional Parcels: No
  • Parcel #: 141-08-233

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 919.0
  • Annual Gross Income: 31437.0
  • Insurance Expense: 1264.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 20050.0
  • Annual Operating Expense: 11387.0

Tax Info

  • Tax Annual Amount: 1756.0
  • Tax Book Number: 141.00
  • Tax Lot: 17

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

Listed on
Jan 20, 2018
Closed on
Apr 23, 2018
Sold by
Bought by
Seller's Agent
Beau Tanner
Evergreen Realty LLC
Buyer's Agent
Ryan Swan
HomeSmart
List Price
$399,000
Sold Price
$349,497
Premium/Discount to List
-$49,503
-12.41%
Current Estimated Value
$766,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,626
Avg. Annual Appreciation
10.03%
Original Mortgage
$262,100
Interest Rate
0.0462%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 6, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 8, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 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
$200,000
Interest Rate
0.085%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 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
$225,000
Interest Rate
0.0625%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2002
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
$197,600
Interest Rate
0.0587%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 1998
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
-- Magnus Title Agency Llc
$349,497 Magnus Title Agency Llc
$92,500 None Available
-- None Available
$365,000 Capital Title Agency Inc
$365,000 First American Title Ins Co
$247,000 Transnation Title Insurance
$195,500 North American Title Agency
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
Open $262,100
Previous Owner $200,000
Previous Owner $225,000
Previous Owner $49,400
Previous Owner $197,600
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
05/01/2018 05/01/18 Sold $349,497 -2.9% $98 / Sq Ft
03/25/2018 03/25/18 Price Changed $360,000 -1.4% $101 / Sq Ft
03/06/2018 03/06/18 Price Changed $365,000 -2.7% $103 / Sq Ft
02/15/2018 02/15/18 Price Changed $375,000 -6.0% $105 / Sq Ft
01/19/2018 01/19/18 For Sale $399,000 -- $112 / 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 $2,061 $20,605
2024 $2,067 $19,624
2023 $2,067 $51,420 $10,280 $41,140
2022 $2,025 $39,830 $7,960 $31,870
2021 $2,045 $34,950 $6,990 $27,960
2020 $2,017 $32,960 $6,590 $26,370
2019 $1,886 $26,680 $5,330 $21,350
2018 $1,809 $26,320 $5,260 $21,060
2017 $1,756 $23,520 $4,700 $18,820
2016 $1,716 $23,530 $4,700 $18,830
2015 $1,618 $22,060 $4,410 $17,650
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Beau Tanner

    Evergreen Realty LLC

    (406) 926-6588

    42 Total Sales

    Beau Tanner
    Section Image
  • Ryan Swan

    Buyer's Agent in 2018

    Ryan Swan

    HomeSmart

    (602) 733-5455

    27 Total Sales

    Ryan Swan
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5711687

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-08-233

Arizona Maricopa County Mesa 85213 Rancho de Arboleda

2650 E Mckellips Rd Unit 216, 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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