NOT LISTED FOR SALE

Estimated Value: $444,851

Studio
-- Baths
-- Sq Ft
2.94 Acre Lot

Sale Details

Date Sold: October 2, 2015

Last sale price $240,000

Est. 85% increase in value since last sale

Current estimated payment $2,561 / mo

26 Days on Market

Highlights

  • Heated Community Pool
  • Sport Court
  • Heat Pump System
  • Hermosa Vista Elementary School Rated A-

About This Home

As of October 2015

Great 4 plex in great rental area of Mesa. Surrounded by upper-end single family homes. HOA is $268/month but pays for water, sewer and trash. HOA also maintains complex grounds and pool. One unit has 2 baths. Buyer to verify all facts. One unit was just recently vacated.
Current rents are lower than market rent.

Last Agent to Sell the Property

Cindy Freitas

West USA Realty License #BR525773000 Listed on: 08/05/2015

West USA Realty

Last Buyer's Agent

Sam Ricketts

Premier Resort Holdings AZ License #BR544937000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,271

Year Built

  • Built in 1988

Lot Details

  • 2.94

Home Design

  • Wood Frame Construction
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping, pool/spa maintenance
  • Tax Lot 9
  • Assessor Parcel Number 141-08-225

Community Details

Overview

  • 4 Units
  • Building Dimensions are 84x69
  • Four Peaks Estates Lot 1 24 Tr A Subdivision

Recreation

  • Sport Court
  • Heated Community Pool

Building Details

  • Operating Expense $16,539
  • Gross Income $24,840
  • Net Operating Income $11,541

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,271

Year Built

Built in 1988

Lot Details

2.94 Acres

Listing Details

  • Cross Street: McKellips & Lindsay
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: r-2
  • Number Of Buildings: 1
  • Year Built: 1988
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1634.0
  • Subdivision Name: FOUR PEAKS ESTATES LOT 1-24 TR A
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • 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: Heat Pump, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Sport Court, Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Community Amenities:Sport Court: Yes

Schools

  • Elementary School: Field Elementary School
  • High School: Mountain View High School
  • Middle Or Junior School: Poston Junior High School

Lot Info

  • Lot Size: 84x69
  • Additional Parcels: No
  • Parcel #: 141-08-225

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 2182.0
  • Annual Gross Income: 24840.0
  • Insurance Expense: 1831.0
  • Maintenance Expense: 5971.0
  • Property Net Operating Income: 11541.0
  • Annual Operating Expense: 16539.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1271.0
  • Tax Book Number: 141.00
  • Tax Lot: 9

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

Closed on
Dec 3, 2008
Sold by
Schroeder John E
Bought by
Current Estimated Value
$444,851

Purchase Details

Closed on
Jun 4, 2001
Sold by
Gbn Inc
Bought by
Dienhart Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.14%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
Dienhart Timothy R $210,000 Stewart Title & Tr Of Phoeni
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 $244,586
Closed Graham Robert $238,700
Closed Whitehead Matthew $188,000
Closed Dienhart Timothy R $157,500
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
10/02/2015 10/02/15 Sold $240,000 -7.7% --
08/30/2015 08/30/15 Pending -- -- --
08/04/2015 08/04/15 For Sale $260,000 -- --
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 $593 $50
2024 $593 $50 $50
2023 $593 $50 $25 $25
2022 $594 $50 $50 $0
2021 $498 $50 $25 $25
2020 $478 $50 $25 $25
2019 $478 $50 $25 $25
2018 $435 $50 $0 $0
2017 $435 $50 $50 $0
2016 $418 $50 $50 $0
2015 $365 $50 $50 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5316357

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-08-241

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