NOT LISTED FOR SALE

2650 E Mckellips Rd Unit 22 Mesa, AZ 85213

Rancho de Arboleda Neighborhood
Studio
-- Baths
3,061 Sq Ft
1.35 Acre Lot

Sale Details

Date Sold: January 31, 2014

Last sale price $229,000 $75 Per Sq Ft

44 Days on Market

Highlights

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

About This Home

As of January 2014

GREAT INCOME PRODUCING PROPERTY! TWO UNITS RENT FOR $662 PER MONTH AND THE THIRD UNIT RENTS FOR $700 A MONTH. ONE VACANCY AT THIS MOMENT. TONS OF POTENTIAL AND PRODUCES NICE RENTS! GREAT LOCATION WITH SUPERB SCHOOLS AND CLOSE PROXIMITY TO FREEWAY ACCESS, SHOPPING (WALMART), ETC. COMPLEX BACKS UP TO A NICE NEIGHBORHOOD JUST NORTH OF THE PROPERTY. PROPERTY HAS PUBLIC POOL AND BASKETBALL COURT. (3) UNITS ARE 2 BEDROOM 1 BATH AND (1) UNIT IS 2 BED 2 BATH. THIS IS NOT A SHORT-SALE OR FORECLOSURE. BUYER MUST VERIFY ALL FACTS AND FIGURES ON THEIR OWN. FAST RESPONSE TIME! BRING US AN OFFER!

Last Agent to Sell the Property

Daniel Shreeve

Arizona Platinum Properties LLC License #BR572199000 Listed on: 11/07/2013

Last Buyer's Agent

Greg Patt

Greg Patt Real Estate License #BR011560000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1988

Lot Details

  • 1.35

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Ishikawa Elementary School
  • Stapley Junior High School
  • Mountain View High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 22
  • Assessor Parcel Number 141-08-238

Community Details

Overview

  • 4 Units
  • Building Dimensions are NA
  • Four Peaks Estates Subdivision

Recreation

  • Sport Court
  • Heated Community Pool

Building Details

  • Operating Expense $11,936
  • Gross Income $28,800
  • Net Operating Income $18,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,192

Year Built

Built in 1988

Lot Details

1.35 Acres

Listing Details

  • Cross Street: LINDSAY & MCKELLIPS
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Year Built: 1988
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2400.0
  • Subdivision Name: Four Peaks Estates
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • 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: Sport Court, Pool

Association/Amenities

  • Community Amenities:Pool2: Yes
  • Community Amenities:Sport Court: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Ishikawa Elementary School
  • High School: Mountain View High School
  • Middle Or Junior School: Stapley Junior High School

Lot Info

  • Lot Size: NA
  • Additional Parcels: No
  • Parcel #: 141-08-238

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Electric Expense: 480.0
  • Annual Gross Income: 28800.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 18300.0
  • Annual Operating Expense: 11936.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1192.0
  • Tax Book Number: 141.00
  • Tax Lot: 22

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
Nov 7, 2013
Closed on
Jan 22, 2014
Sold by
Echelon Holdings Llc
Bought by
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
Greg Patt
Greg Patt Real Estate
List Price
$235,000
Sold Price
$229,000
Premium/Discount to List
-$6,000
-2.55%

Purchase Details

Closed on
Jan 20, 2011
Sold by
Reynolds Steven L and Ober Reynolds Sharman
Bought by
Echelon Holdings Llc

Purchase Details

Closed on
Sep 5, 2000
Sold by
Swindell Joshua C and Schmidt David M
Bought by
Reynolds Steven L and Ober Reynolds Sharman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 1997
Sold by
Gallagher Rita
Bought by
Swindell Joshua C and Schmidt David M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
01/31/2014 01/31/14 Sold $229,000 -2.6% $75 / Sq Ft
12/21/2013 12/21/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $235,000 -- $77 / 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 $1,830 $18,288
2024 $1,836 $17,417
2023 $1,836 $46,570 $9,310 $37,260
2022 $1,798 $36,170 $7,230 $28,940
2021 $1,816 $31,930 $6,380 $25,550
2020 $1,791 $29,950 $5,990 $23,960
2019 $1,675 $24,030 $4,800 $19,230
2018 $1,607 $23,670 $4,730 $18,940
2017 $1,559 $21,210 $4,240 $16,970
2016 $1,530 $20,020 $4,000 $16,020
2015 $1,437 $17,270 $3,450 $13,820
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5026917

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-08-238

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