NOT LISTED FOR SALE

2650 E Mckellips Rd Unit 227 Mesa, AZ 85213

Rancho de Arboleda Neighborhood

Estimated Value: $570,250 - $771,000

Studio
1 Bath
800 Sq Ft
$804/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2018

Last sale price $355,000 $444 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,622 / mo

1 Day on Market

Highlights

  • Heated Community Pool
  • Sport Court
  • Ceramic Tile Flooring
  • Hermosa Vista Elementary School Rated A-
  • Cooling Available
  • Ceiling Fan

About This Home

As of October 2018

Updated four-plex in desirable Mesa location. Three apartments have new air-conditioning units and new air handlers in 2017! Building 3, unit numbers 127, 128, 227 and 228. All units are two bedroom, one bathroom. 127 has an extra half-bath and a fireplace. Four units share one laundry room. Washer and dryer convey. All four units are leased. Please do not disturb the tenants. Drive by only. Current leases expire: #127 Aug. 2019, #128 July 2019, #227 May 2019, #228 Sept. 2019.

Last Agent to Sell the Property

John Cox

West USA Realty License #SA629530000 Listed on: 09/05/2018

West USA Realty

Co-Listed By

Shannon Cox

West USA Realty License #SA637326000

Last Buyer's Agent

Frank Martin Jr.

A.Z. & Associates License #SA567655000

A.Z. & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1988

Lot Details

  • 6,011

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Schools

  • Field Elementary School
  • Poston Junior High School
  • Mountain View High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 141-08-219

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6006
  • Four Peaks Estates Subdivision

Recreation

  • Sport Court
  • Heated Community Pool

Building Details

  • Operating Expense $10,766
  • Gross Income $36,420
  • Net Operating Income $25,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,521

Year Built

Built in 1988

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Cross Street: McKellips and Lindsay
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1988
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2549.4
  • Co List Office Mls Id: crty02
  • Co List Office Phone: 480-988-7100
  • Subdivision Name: Four Peaks Estates
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned, >1 Space Per Unit, 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:_greater_1 Space Per Unit: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • 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

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Sport Court: Yes

Fee Information

  • Annual Water Sewer Expense: 1281.24

Schools

  • Elementary School: Field Elementary School
  • High School: Mountain View High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Poston Junior High School

Lot Info

  • Lot Size: 6006
  • Additional Parcels: No
  • Parcel #: 141-08-219

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 600.0
  • Annual Gross Income: 36420.0
  • Insurance Expense: 1622.0
  • Property Net Operating Income: 25760.0
  • Annual Operating Expense: 10765.64

Tax Info

  • Tax Annual Amount: 1521.0
  • Tax Book Number: 141.00
  • 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

Listed on
Sep 5, 2018
Closed on
Nov 28, 2018
Sold by
Bought by
Seller's Agent
John Cox
West USA Realty
Buyer's Agent
Frank Martin Jr.
A.Z. & Associates
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$643,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,063
Avg. Annual Appreciation
7.94%
Original Mortgage
$266,250
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 3, 2018
Sold by
Bought by
Seller's Agent
John Cox
West USA Realty
Buyer's Agent
Frank Martin Jr.
A.Z. & Associates
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2006
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
$35,900
Interest Rate
0.0644%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 6, 2004
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
$223,200
Interest Rate
0.074%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 1999
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 1997
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 Available
$355,000 Fidelity National Title Agen
-- None Available
$234,000 Lawyers Title Of Arizona Inc
$115,000 Fidelity National Title
$161,500 None Available
-- None Available
$359,040 Fidelity National Title
$279,000 Capital Title Agency Inc
-- Transnation Title Ins Co
$175,000 Transnation Title Ins Co
-- Transnation Title Ins Co
$165,000 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
Previous Owner $266,250
Previous Owner $35,900
Previous Owner $287,200
Previous Owner $223,200
Previous Owner $167,300
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
10/05/2018 10/05/18 Sold $355,000 +1.4% $444 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $350,000 0.0% $438 / Sq Ft
05/18/2018 05/18/18 Rented $725 0.0% --
05/14/2018 05/14/18 Under Contract -- -- --
04/03/2018 04/03/18 For Rent $725 0.0% --
07/15/2017 07/15/17 Rented $725 0.0% --
06/23/2017 06/23/17 Under Contract -- -- --
06/15/2017 06/15/17 Price Changed $725 -3.3% $1 / Sq Ft
06/05/2017 06/05/17 Price Changed $750 -5.7% $1 / Sq Ft
05/15/2017 05/15/17 For Rent $795 -- --
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 $1,786 $17,818
2024 $1,791 $16,969
2023 $1,791 $45,460 $9,090 $36,370
2022 $1,755 $35,310 $7,060 $28,250
2021 $1,771 $31,230 $6,240 $24,990
2020 $1,748 $29,300 $5,860 $23,440
2019 $1,634 $23,450 $4,690 $18,760
2018 $1,567 $23,070 $4,610 $18,460
2017 $1,521 $20,670 $4,130 $16,540
2016 $1,492 $19,530 $3,900 $15,630
2015 $1,401 $16,820 $3,360 $13,460
Source: Public Records

Agents Affiliated with this Home

  • John Cox

    Seller's Agent in 2018

    John Cox

    West USA Realty

    (480) 235-7911

    2 in this area

    30 Total Sales

    John Cox
    Section Image

  • T

    Seller's Agent in 2018

    Thomas P. Domschke

    Visionary Properties

    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Melisa Bruhn

    MacLay Real Estate

    (480) 275-2821

    5 Total Sales

    Melisa Bruhn
    Section Image
  • Shannon Cox

    Seller Co-Listing Agent in 2018

    Shannon Cox

    West USA Realty

    (480) 225-4882

    1 in this area

    36 Total Sales

    Shannon Cox
    Section Image
  • Frank Martin Jr.

    Buyer's Agent in 2018

    Frank Martin Jr.

    A.Z. & Associates Real Estate Group

    (602) 857-7723

    83 Total Sales

    Frank Martin Jr.
    Section Image

  • C

    Buyer's Agent in 2017

    Cindy Whicker

    Free Apartment List

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5815850

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-08-219

Arizona Maricopa County Mesa 85213 Rancho de Arboleda

2650 E Mckellips Rd Unit 227, 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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