NOT LISTED FOR SALE

Estimated Value: $639,765 - $795,000

-- Bed
-- Bath
3,214 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $270,000 $84 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $4,198/month

15 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of April 2016

REMODELED - TILE, PAINT, LANDSCAPING, ETC. 2 BED/1 BATH UNITS ALL SINGLE STORY WITH PRIVATE BACK YARDS AND PRIVATE PARKING AREA. WASHER-DRYER HOOKUPS IN EACH UNIT. BUILDINGS LOCATED DIRECTLY ACROSS THE STREET FROM SHOPPING CENTER/RESTAURANTS (GREAT BENEFIT TO TENANTS WITH TRANSPORTATION ISSUES). BUILDING AT 2813 E. CAPRI CIRCLE (ADJACENT BUILDING) IS ALSO AVAILABLE. OWNER JUST PAYS WATER/SEWER/TRASH. OWNER HAS MAINTAINED THESE UNITS IN GREAT CONDITION. FULLY OCCUPIED WITH ALL TENANTS CURRENT ON RENT. RENTS FOR 2807: $575, $700, $575, $629. RENTS FOR 2813: $550, $575, $585, $635. SEE DOCUMENTS TAB FOR ALL FINANCIALS. EXCELLENT RENTAL AREA EASY TO KEEP FULL! OWNER HAS MANGED ENTIRE TIME FROM OUT OF STATE.

Last Listed By

Jason Bingham

Distinguished Properties License #BR528229000 Listed on: 03/31/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 1984

Lot Details

  • 0.27

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Mesa Academy For Advanced Studies Elementary And Middle School
  • Mesa Academy For Advanced Studies High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 4 Units
  • Building Dimensions are IRR
  • Lindsay Manor Subdivision

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 140-40-413

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,954

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: SOUTHERN & LINDSAY
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2015
  • Directions: NORTH ON LINDSAY (ALMOST TO BROADWAY) TO CAPRI CIRCLE. EAST ON CAPRI CIRCLE TO PROPERTY (BUILDINGS ARE ON THE CORNER NEAREST FIRE HYDRANT).
  • Road Surface Type: Concrete
  • Subdivision Name: LINDSAY MANOR
  • 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: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: 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: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Mesa Academy For Advanced Studies
  • High School: Mesa Academy For Advanced Studies
  • Middle Or Junior School: Mesa Academy For Advanced Studies

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 140-40-413

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4

Tax Info

  • Tax Book Number: 140.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
Sodhi Brothers A-Mart Llc
Bought by
Singh Phuljit and Singh Amarjit
Total Days on Market
15
Current Estimated Value
$720,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2022
Sold by
Sodhi Brothers A-Mart Llc
Bought by
Singh Phuljit and Singh Amarjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2021
Sold by
Sig Az Llc
Bought by
Sodhi Brothers A Mart Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
May 11, 2021
Sold by
Barrand Mark A and Barrand Mark Allen
Bought by
Sig Az Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 18, 2016
Sold by
Mcdonald David
Bought by
Mcdonald Danica
Seller's Agent
Jason Bingham
Distinguished Properties
Buyer's Agent
Bryan Gremillion
Better Choice Homes, LLC
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$187,250
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 31, 2016
Closed on
Apr 21, 2016
Sold by
2807 Az Llc
Bought by
Barrand Mark Allen and Barrand Tracy
Seller's Agent
Jason Bingham
Distinguished Properties
Buyer's Agent
Bryan Gremillion
Better Choice Homes, LLC
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,250
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2010
Sold by
Murphy Javier A
Bought by
2807 Az Llc

Purchase Details

Closed on
Jan 5, 2010
Sold by
Murphy Sonia
Bought by
Murphy Javier A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Guina Robert Eric and Wien Barbara

Purchase Details

Closed on
Sep 22, 2009
Sold by
Wien Merrill
Bought by
Wien Barbara

Purchase Details

Closed on
Jul 14, 2009
Sold by
Johnson Bradley and Johnson Nicole
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Mar 25, 2005
Sold by
Brokerline Properties Llc
Bought by
Johnson Bradley and Johnson Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Brokerhof Gerardus and Brokerhof Sandra M
Bought by
Brokerline Properties Llc

Purchase Details

Closed on
Jul 15, 2003
Sold by
Hale Shawn and Hale Sondra
Bought by
Brokerhof Gerardus and Brokerhof Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2000
Sold by
Johnson Barry and Johnson Milton D
Bought by
Hale Shawn and Hale Sondra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
8.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 1999
Sold by
Sapinski Stanley
Bought by
Serrano Christian and Serrano Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,600
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 1997
Sold by
Johnson Beth
Bought by
Johnson Milton D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 1997
Sold by
Hyink Cliff A and Hyink Sherrill A
Bought by
Johnson Barry and Johnson Milton D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.19%
Mortgage Type
FHA

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
Singh Phuljit -- Driggs Title Agency
Singh Phuljit -- Driggs Title Agency
Sodhi Brothers A Mart Llc $582,000 Great American Ttl Agcy Inc
Sig Az Llc $537,500 Great American Ttl Agcy Inc
Barrand Mark A -- Great American Ttl Agcy Inc
Mcdonald Danica -- None Available
Barrand Mark Allen $269,000 Clear Title Agency Of Az Llc
2807 Az Llc -- None Available
Murphy Javier A -- The Talon Group
Murphy Javier A $165,000 The Talon Group Baseline
Guina Robert Eric $118,025 First American Title Ins Co
Wien Barbara -- First American Title Ins Co
Hsbc Bank Usa National Association $242,091 Accommodation
Johnson Bradley $320,000 Equity Title Agency Inc
Brokerline Properties Llc -- Capital Title Agency Inc
Brokerhof Gerardus $235,000 Capital Title Agency Inc
Hale Shawn $174,000 Capital Title Agency
Serrano Christian $164,900 Arizona Title Agency Inc
Johnson Milton D -- First American Title
Johnson Barry -- First American Title
Johnson Barry $133,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Phuljit $420,000
Closed Singh Phuljit $420,000
Previous Owner Sig Az Llc $420,000
Previous Owner Mcdonald Danica $187,250
Previous Owner Murphy Javier A $123,750
Previous Owner Johnson Bradley $224,000
Previous Owner Brokerhof Gerardus $211,500
Previous Owner Hale Shawn $156,600
Previous Owner Serrano Christian $163,600
Previous Owner Johnson Barry $119,700
Closed Johnson Bradley $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $270,000 +1.9% $84 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $265,000 -- $82 / 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 $1,954 $19,905 -- --
2024 $1,970 $18,957 -- --
2023 $1,970 $50,600 $10,120 $40,480
2022 $1,929 $33,410 $6,680 $26,730
2021 $1,953 $31,160 $6,230 $24,930
2020 $1,927 $27,960 $5,590 $22,370
2019 $1,801 $23,680 $4,730 $18,950
2018 $1,728 $21,330 $4,260 $17,070
2017 $1,677 $16,100 $3,220 $12,880
2016 $1,645 $17,400 $3,480 $13,920
2015 $1,547 $15,260 $3,050 $12,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5420777

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-40-413