NOT LISTED FOR SALE

2713 N Salem Mesa, AZ 85215

Mesa Area

Estimated Value: $539,475 - $840,000

Studio
-- Bath
3,234 Sq Ft
$230/Sq Ft Est. Value

Sale Details

Date Sold: April 29, 2016

Last sale price $280,000 $87 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $4,276 / mo

64 Days on Market

Highlights

  • Multiple cooling system units
  • Bush Elementary School Rated A-
  • Multiple Heating Units

About This Home

As of April 2016

Top-Notch NE Mesa location near Red Mountain and the 202. Attractive curved street with owner-occupied houses on the same block. Situated on a nice corner lot. Built in 1985 with a desirable mix of all 2 bedroom units, with 3 of the 4 units having 2 full bathrooms. A/C units, separate electric. 3 units on the main level, one unit on 2nd floor. Rents are well-below market, offering an excellent value-add opportunity. Expenses are projected at 30% of the effective gross income. No vacancy factor as all tenants have occupied for several years. Self-managed by local owner. Buyer to complete and rely on own due diligence efforts, including operational costs.

Last Agent to Sell the Property

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 01/18/2016

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Anne W. Law

Fathom Realty Elite License #SA101670000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1985

Lot Details

  • 7,884

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 7
  • Assessor Parcel Number 141-80-386

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7875 square feet

Building Details

  • Gross Income $25,380
  • Net Operating Income $17,766

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,851

Year Built

Built in 1985

Lot Details

7,884 Sq Ft Lot

Listing Details

  • Cross Street: Recker/McDowell
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: 2 or More Units, Individual, Electric
  • Heating: Individual, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:_two_ or More Units3: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Lot Info

  • Lot Size: 7875 square feet
  • Additional Parcels: No
  • Parcel #: 141-80-386

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 25380.0
  • Property Net Operating Income: 17766.0

Tax Info

  • Tax Annual Amount: 1851.0
  • Tax Book Number: 141.00
  • Tax Lot: 7

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
Nov 29, 2025
Sold by
Bought by
Current Estimated Value
$743,869

Purchase Details

Closed on
Nov 28, 2016
Sold by
Bought by

Purchase Details

Listed on
Jan 18, 2016
Closed on
Apr 20, 2016
Sold by
Bought by
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Anne W. Law
Fathom Realty Elite
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$210,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2014
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
$68,644
Interest Rate
4.47%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Sep 11, 2013
Closed on
Nov 18, 2013
Sold by
Bought by
Seller's Agent
Clinton Frost
Keeping It Real Estate
Buyer's Agent
Joyce R. Mitchell
Three Winds Realty, Inc.
Sold Price
$550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2013
Closed on
Aug 21, 2013
Sold by
Bought by
Seller's Agent
Clinton Frost
Keeping It Real Estate
Buyer's Agent
Joyce R. Mitchell
Three Winds Realty, Inc.
Sold Price
$550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
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 Listed On Document
-- None Available
$280,000 Lawyers Title Of Arizona Inc
-- Fidelity National Title Agen
-- Fidelity National Title Agen
-- None Available
$200,000 First Arizona 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 $210,000
Previous Owner $68,644
Previous Owner $140,000
Previous Owner $99,688
Previous Owner $100,000
Previous Owner $126,300
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 Prior Sale
04/29/2016 04/29/16 Sold $280,000 -3.4% $87 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $289,900 0.0% $90 / Sq Ft
09/20/2013 09/20/13 Rented $550 0.0% --
09/18/2013 09/18/13 Under Contract -- -- --
09/11/2013 09/11/13 For Rent $550 0.0% --
09/10/2013 09/10/13 Sold $200,000 -9.1% $62 / Sq Ft View Prior Sale
08/10/2013 08/10/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $220,000 -- $68 / 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 $2,350 $23,818
2024 $2,357 $22,684
2023 $2,357 $60,520 $12,100 $48,420
2022 $2,308 $40,450 $8,090 $32,360
2021 $2,336 $36,630 $7,320 $29,310
2020 $2,306 $32,400 $6,480 $25,920
2019 $2,155 $26,200 $5,240 $20,960
2018 $2,068 $25,000 $5,000 $20,000
2017 $2,006 $20,810 $4,160 $16,650
2016 $1,969 $19,870 $3,970 $15,900
2015 $1,851 $18,180 $3,630 $14,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5385059

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-80-386

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