NOT LISTED FOR SALE

2650 E Mckellips Rd Unit 237 Mesa, AZ 85213

Rancho de Arboleda Neighborhood

Estimated Value: $499,219 - $1,010,000

1 Bed
4 Baths
765 Sq Ft
$929/Sq Ft Est. Value

Last Sold November 15, 2016

Last sale price $270,600 $354 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $3,903/month

38 Days on Market

Highlights

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

About This Home

As of November 2016

Great location for this 100% occupied Mesa 4-plex near schools, parks and shopping. Building 14 is just south of the community pool and sport court. Tenants pay electric; Owner pays water. HOA is $266/month per building (not unit)-includes trash, pool & common area maintenance. Three 2-bedroom, 1 bath units, 1 2-bedroom, 2 bath unit. Unit 138 just rented after being updated including new flooring, doors, tub refinished, new oven vent cover, new blinds. One tenant has been there 15 years, one has been there for 6 years. New commercial grade flooring in two of the units. Community laundry for building on separate meter. Taxes are $1,406/year.

Last Agent to Sell the Property

Debbie Knight

AZ Brokerage Holdings, LLC License #SA036117000 Listed on: 08/31/2016

AZ Brokerage Holdings, LLC

Co-Listed By

Brandon Wilson

AZ Brokerage Holdings, LLC License #SA653679000

Last Buyer's Agent

Mark Gunning

West USA Realty License #SA018139000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1985

Lot Details

  • 5,837

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Schools

  • Ishikawa Elementary School
  • Stapley Junior High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for electricity, water
  • Tax Lot 14
  • Assessor Parcel Number 141-08-230

Community Details

Overview

  • 4 Units
  • Building Dimensions are 5848
  • Four Peaks Estates Lot 1 24 Tr A Subdivision

Recreation

  • Sport Court
  • Heated Community Pool

Building Details

  • Operating Expense $9,474
  • Gross Income $25,839
  • Net Operating Income $25,839

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,406

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: McKellips and Gilbert
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2015
  • Directions: East on McKellips from Gilbert to entrance into Four Peaks Estates, North to Building 14, which is just south of the pool and sport court
  • Attribution Contact: 480-203-8311
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: reax15
  • Co List Office Phone: 480-839-2600
  • Subdivision Name: FOUR PEAKS ESTATES LOT 1-24 TR A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Add'l Parking Avail, 1 Space/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:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: 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

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Sport Court: Yes

Fee Information

  • Annual Water Sewer Expense: 2700.0

Schools

  • Elementary School: Ishikawa Elementary School
  • High School: Stapley Junior High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Ishikawa Elementary School

Lot Info

  • Lot Size: 5848
  • Additional Parcels: No
  • Parcel #: 141-08-230

Multi Family

  • Owner Pays: Electricity, Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Electric Expense: 360.0
  • Annual Gross Income: 25839.0
  • Insurance Expense: 816.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 25839.0
  • Annual Operating Expense: 9474.0
  • Vacancy Allowance Rate: 0.25

Tax Info

  • Tax Annual Amount: 1406.0
  • Tax Book Number: 141.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Nov 7, 2016
Sold by
White Darcy and Schroeder Darcy W
Bought by
Weisenberg Richard and Weisenberg Rebecca
Seller's Agent
Debbie Knight
AZ Brokerage Holdings, LLC
Buyer's Agent
Mark Gunning
West USA Realty
List Price
$287,000
Sold Price
$270,600
Premium/Discount to List
-$16,400
-5.71%
Current Estimated Value
$710,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,205
Avg. Annual Appreciation
11.76%
Original Mortgage
$202,950
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2008
Sold by
Wachovia Mortgage Fsb
Bought by
Schroeder John and Schroeder Darcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2008
Sold by
Graham Robert
Bought by
Wachovia Mortgage Fsb and World Savings Bank Fsb

Purchase Details

Closed on
Jan 19, 2006
Sold by
Kargozar David
Bought by
Graham Robert

Purchase Details

Closed on
Nov 29, 2005
Sold by
Grahan Cynthia Kay
Bought by
Graham Robert

Purchase Details

Closed on
Dec 16, 2004
Sold by
Jerome David H and Jerome Elizabeth Anne
Bought by
Kargozar David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,200
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2004
Sold by
Whitehead Matthew
Bought by
Jerome David H and Jerome Elizabeth Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2003
Sold by
Whitehead Florencia
Bought by
Whitehead Matthew

Purchase Details

Closed on
Jan 23, 1997
Sold by
Gallagher Rita J and Gallagher Rita
Bought by
Homel Robert J and Homel Mary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.85%
Mortgage Type
New Conventional
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
Weisenberg Richard $270,600 Security Title Agency Inc
Schroeder John $260,000 Fidelity National Title Ins
Wachovia Mortgage Fsb $265,848 Security Title Agency
Graham Robert $350,000 Capital Title Agency Inc
Graham Robert -- Capital Title Agency Inc
Kargozar David $306,000 Fidelity National Title
Jerome David H $255,000 Arizona Title Agency Inc
Whitehead Matthew -- Capital Title Agency Inc
Whitehead Matthew $235,000 Capital Title Agency Inc
Homel Robert J $160,000 North American Title Agency
Gallagher Rita -- North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weisenberg Richard $202,950
Previous Owner Schroeder John $172,500
Previous Owner Kargozar David $214,200
Previous Owner Jerome David H $191,250
Previous Owner Homel Robert J $112,000
Closed Jerome David H $38,200
Closed Kargozar David $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2016 11/15/16 Sold $270,600 -5.7% $354 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $287,000 -- $375 / 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 $1,782 $17,886 -- --
2024 $1,796 $17,034 -- --
2023 $1,796 $46,370 $9,270 $37,100
2022 $1,759 $36,050 $7,210 $28,840
2021 $1,776 $31,810 $6,360 $25,450
2020 $1,753 $29,760 $5,950 $23,810
2019 $1,639 $23,880 $4,770 $19,110
2018 $1,572 $23,530 $4,700 $18,830
2017 $1,526 $21,070 $4,210 $16,860
2016 $1,497 $19,760 $3,950 $15,810
2015 $1,406 $17,030 $3,400 $13,630
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Debbie Knight

    Realty Executives

    Section Image

  • B

    Seller Co-Listing Agent in 2016

    Brandon Wilson

    Realty Executives

  • Mark Gunning

    Buyer's Agent in 2016

    Mark Gunning

    West USA Realty

    (626) 590-3177

    82 Total Sales

    Mark Gunning
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5490895

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-08-230

Arizona Maricopa County Mesa 85213 Rancho de Arboleda

2650 E Mckellips Rd Unit 237, Mesa, AZ

This home is located at 2650 E Mckellips Rd Unit 237, Mesa, AZ 85213 since 31 August 2016 and is currently estimated at $710,805, approximately $929 per square foot. This property was built in 1985. 2650 E Mckellips Rd Unit 237 is a home located in Maricopa County with nearby schools including Hermosa Vista Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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