NOT LISTED FOR SALE

Estimated Value: $554,965 - $739,000

-- Bed
-- Bath
3,214 Sq Ft
$204/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $262,500 $82 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $3,825/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 2807 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

  • $1,930

Year Built

  • Built in 1984

Lot Details

  • 10,454

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 2
  • Assessor Parcel Number 140-40-414

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,930

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 #: 140-40-414

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: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2017
Sold by
Gremillion Bryan James and Gremillion Alexis Heather
Bought by
Columbo Dominick
Total Days on Market
15
Current Estimated Value
$654,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$190,564
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$464,611

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 5, 2016
Sold by
Gremillion Az Llc
Bought by
Gremillion Bryan James and Gremillion Alexis Heather
Seller's Agent
Jason Bingham
Distinguished Properties
Buyer's Agent
Bryan Gremillion
Better Choice Homes, LLC
List Price
$265,000
Sold Price
$262,500
Premium/Discount to List
-$2,500
-0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$220,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 31, 2016
Closed on
Apr 22, 2016
Sold by
2813 Az Llc
Bought by
Gremillion Az Llc
Seller's Agent
Jason Bingham
Distinguished Properties
Buyer's Agent
Bryan Gremillion
Better Choice Homes, LLC
List Price
$265,000
Sold Price
$262,500
Premium/Discount to List
-$2,500
-0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2010
Sold by
Murphy Javier A and Murphy Javier
Bought by
2813 Az Llc

Purchase Details

Closed on
Jan 6, 2010
Sold by
Murphy Sonia
Bought by
Murphy Javier

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
Jan 5, 2010
Sold by
3646 Az Llc
Bought by
Murphy Javier

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
Aug 25, 2009
Sold by
Wein Merrill
Bought by
Wien Barbara Matthew

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 24, 2005
Sold by
Gerard Sandy 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 19, 2002
Sold by
Brokerhof Gerard and Brokerhof Sandra
Bought by
Gerard Sandy Properties Llc

Purchase Details

Closed on
Jun 10, 2002
Sold by
Kimsong Khav and Him Dara
Bought by
Brokerhof Gerard and Brokerhoff Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2000
Sold by
Weekes Laurence J S and Weekes Linda J Tigner
Bought by
Khav Kimsong and Him Dara

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
7.71%
Mortgage Type
New Conventional

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
Columbo Dominick $300,000 Driggs Title Agency Inc
Gremillion Bryan James -- Accommodation
Gremillion Az Llc $262,500 Clear Title Agency Of Az Llc
2813 Az Llc -- None Available
Murphy Javier -- The Talon Group Baseline
Murphy Javier $165,000 The Talon Group Baseline
Wien Barbara Matthew -- First American Title Ins Co
Guina Robert Eric $118,025 First American Title Ins Co
Hsbc Bank Usa National Association $242,253 Accommodation
Johnson Bradley $320,000 Equity Title Agency Inc
Gerard Sandy Properties Llc -- --
Brokerhof Gerard $224,000 Capital Title Agency Inc
Khav Kimsong $175,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Columbo Dominick $225,000
Previous Owner Gremillion Bryan James $183,000
Previous Owner Gremillion Az Llc $220,000
Previous Owner Murphy Javier $123,750
Previous Owner Murphy Javier $123,750
Previous Owner Johnson Bradley $224,000
Previous Owner Brokerhof Gerard $179,200
Previous Owner Khav Kimsong $140,000
Closed Johnson Bradley $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $262,500 -0.9% $82 / 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 $1,930 $19,661 -- --
2024 $1,946 $18,724 -- --
2023 $1,946 $50,060 $10,010 $40,050
2022 $1,905 $33,070 $6,610 $26,460
2021 $1,929 $30,750 $6,150 $24,600
2020 $1,904 $27,580 $5,510 $22,070
2019 $1,778 $23,470 $4,690 $18,780
2018 $1,707 $21,170 $4,230 $16,940
2017 $1,656 $15,980 $3,190 $12,790
2016 $1,625 $17,210 $3,440 $13,770
2015 $1,528 $15,130 $3,020 $12,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5420742

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-40-414