NOT LISTED FOR SALE

2650 E Mckellips Rd Unit 231 Mesa, AZ 85213

Rancho de Arboleda Neighborhood

Estimated Value: $758,460 - $990,000

8 Beds
4 Baths
760 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold January 11, 2022

Last sale price $740,730 $975 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,451/month

5 Days on Market

Highlights

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

About This Home

As of January 2022

Well maintained 4-plex property in the desirable Four Peaks Estates. Units consist of three 2 bed/1 bath units that share a community laundry room and one fully remodeled 2 bed/2 bath with in unit laundry. Great potential for increasing rents over time. (Interior photos are of remodeled 2 bed/2 bath unit)

Last Agent to Sell the Property

James Miller

Dave Johnson Realty License #SA655143000 Listed on: 12/02/2021

Co-Listed By

David Johnson

Dave Johnson Realty License #BR626902000

Last Buyer's Agent

Scott Harris

Edge Realty, LLC License #BR514719000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,741

Year Built

  • Built in 1985

Lot Details

  • 5,968

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 141-08-217

Community Details

Overview

  • 4 Units
  • Building Dimensions are 86 x 69
  • Four Peaks Estates Subdivision

Recreation

  • Sport Court
  • Heated Community Pool

Building Details

  • Operating Expense $7,633
  • Gross Income $51,041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,741

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Lindsay and Mckellips
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: dajo001
  • Co List Office Phone: 480-332-3262
  • Subdivision Name: FOUR PEAKS ESTATES
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Community Features Sport Court: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Pool2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit
  • Attached Garage: No
  • 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 Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s), 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

  • Exterior Amenities:PatioBalcony: Yes

Fee Information

  • Annual Water Sewer Expense: 1788.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 86 x 69
  • Additional Parcels: No
  • Parcel #: 141-08-217

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Electric Expense: 588.0
  • Annual Gross Income: 51041.4
  • Annual Operating Expense: 7633.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1741.0
  • Tax Book Number: 141.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Feb 7, 2022
Sold by
Wang Philip and Wang Vivian
Bought by
Cc Quality Properties Az Llc
Seller's Agent
James Miller
Dave Johnson Realty
Buyer's Agent
Scott Harris
Edge Realty, LLC
List Price
$699,000
Sold Price
$740,730
Premium/Discount to List
$41,730
5.97%
Current Estimated Value
$822,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,635
Avg. Annual Appreciation
2.80%
Original Mortgage
$555,547
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 5, 2022
Sold by
Johnson David A
Bought by
Wang Philip and Wang Vivian
Seller's Agent
James Miller
Dave Johnson Realty
Buyer's Agent
Scott Harris
Edge Realty, LLC
List Price
$699,000
Sold Price
$740,730
Premium/Discount to List
$41,730
5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,547
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2020
Sold by
Brimhall Gregory L
Bought by
Johnson David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2008
Sold by
Brimhall Roy Lynn
Bought by
Brimhall Gregory L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,701
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2008
Sold by
Kim Alice W
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 4, 2006
Sold by
Mitros Roman
Bought by
Kim Alice and Kim Alice W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2005
Sold by
Korona Anthony
Bought by
Mitros Roman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2004
Sold by
Korona Anthony and Korona Tiara C
Bought by
Korona Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,300
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2002
Sold by
Korona Anthony
Bought by
Korona Anthony and Korona Tiara C

Purchase Details

Closed on
Mar 20, 2002
Sold by
Barranti Michael and Barranti Faten H
Bought by
Korona Anthony

Purchase Details

Closed on
Apr 12, 2000
Sold by
Coady Clayton
Bought by
Barranti Michael and Barranti Faten H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
9%
Mortgage Type
Trade

Purchase Details

Closed on
Nov 5, 1997
Sold by
Gallagher Rita
Bought by
Coady Clayton

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
7.23%
Mortgage Type
New Conventional
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
Cc Quality Properties Az Llc -- None Listed On Document
Wang Philip $740,730 New Title Company Name
Johnson David A $375,000 Empire West Title Agency Llc
Brimhall Gregory L $242,500 Lawyers Title Insurance Corp
Brimhall Roy Lynn -- Lawyers Title Insurance Corp
Federal Home Loan Mortgage Corporation $313,265 None Available
Kim Alice $360,000 First American Title Ins Co
Mitros Roman $339,000 Fidelity National Title
Korona Anthony -- First American Title Ins Co
Korona Anthony -- Transnation Title Insurance
Korona Anthony -- Transnation Title Insurance
Korona Anthony $212,000 Transnation Title Insurance
Barranti Michael $183,000 North American Title Agency
Coady Clayton $165,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Philip $555,547
Previous Owner Johnson David A $281,250
Previous Owner Brimhall Gregory L $208,701
Previous Owner Kim Alice $72,000
Previous Owner Mitros Roman $264,000
Previous Owner Korona Anthony $176,300
Previous Owner Barranti Michael $146,400
Previous Owner Coady Clayton $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2022 01/11/22 Sold $740,730 -1.2% $975 / Sq Ft
12/08/2021 12/08/21 Price Changed $750,000 +7.3% $987 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $699,000 -- $920 / 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 $1,755 $17,505 -- --
2024 $1,760 $16,672 -- --
2023 $1,760 $45,420 $9,080 $36,340
2022 $1,725 $35,320 $7,060 $28,260
2021 $1,741 $31,220 $6,240 $24,980
2020 $1,717 $29,200 $5,840 $23,360
2019 $1,606 $23,380 $4,670 $18,710
2018 $1,540 $23,020 $4,600 $18,420
2017 $1,495 $20,620 $4,120 $16,500
2016 $1,467 $19,350 $3,870 $15,480
2015 $1,377 $16,650 $3,330 $13,320
Source: Public Records

Agents Affiliated with this Home

  • James Miller

    Seller's Agent in 2022

    James Miller

    Dave Johnson Realty

    (480) 369-4618

    4 in this area

    65 Total Sales

    James Miller
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    David Johnson

    Dave Johnson Realty

    (520) 906-8111

    4 in this area

    47 Total Sales

    David Johnson
    Section Image

  • S

    Buyer's Agent in 2022

    Scott Harris

    Edge Realty, LLC

    (480) 694-0340

    4 in this area

    47 Total Sales

    Scott Harris
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6327574

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-08-217

Arizona Maricopa County Mesa 85213 Rancho de Arboleda

2650 E Mckellips Rd Unit 231, 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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