NOT LISTED FOR SALE

2650 E Mckellips Rd Unit 237 Mesa, AZ 85213

Rancho de Arboleda Neighborhood

Estimated Value: $493,961 - $759,000

1 Bed
4 Baths
765 Sq Ft
$864/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2016

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

Est. 144% increase in value since last sale

Current estimated payment $3,718 / mo

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

5,837 Sq Ft Lot

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
  • 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

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
Aug 31, 2016
Closed on
Nov 7, 2016
Sold by
Bought by
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
$660,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,140
Avg. Annual Appreciation
9.68%
Original Mortgage
$202,950
Interest Rate
0.0352%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2008
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
$172,500
Interest Rate
0.0604%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 19, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 16, 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
$214,200
Interest Rate
0.0587%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 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
$191,250
Interest Rate
0.0725%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 23, 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
$270,600 Security Title Agency Inc
$260,000 Fidelity National Title Ins
$265,848 Security Title Agency
$350,000 Capital Title Agency Inc
-- Capital Title Agency Inc
$306,000 Fidelity National Title
$255,000 Arizona Title Agency Inc
$235,000 Capital Title Agency Inc
-- Capital Title Agency Inc
-- North American Title Agency
$160,000 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
Open $198,000
Closed $202,950
Previous Owner $172,500
Previous Owner $214,200
Previous Owner $191,250
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
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

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 $1,791 $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

    (480) 776-3176

    61 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

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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