NOT LISTED FOR SALE

2829 E Capri Cir Mesa, AZ 85204

Central Mesa Neighborhood

Estimated Value: $524,797 - $747,000

-- Bed
-- Bath
3,214 Sq Ft
$201/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $335,000 $104 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,784/month

85 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of May 2019

4 Unit complex with Washer & Dryer hook ups in units, metered separately for electricity, covered parking 1 assigned each unit and 1 guest parking each unit. Courtyard in front of units with private backyards. Roof and carport roofs recently replaced. All units are currently leased. Please do not disturb the tenants. Additional 4 unit complex available for sell (2837 E Capri Circle).

Last Listed By

Denise Carlos

Liberty Properties & Associate License #BR510505000 Listed on: 12/21/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,709

Year Built

  • Built in 1984

Lot Details

  • 10,498

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces

Schools

  • Irving Elementary School
  • Taylor Junior High School
  • Mesa High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 5
  • Assessor Parcel Number 140-40-417

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10516
  • Lindsay Manor Subdivision

Building Details

  • Operating Expense $6,049
  • Gross Income $28,620
  • Net Operating Income $14,251

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,709

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Lindsay Road
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: MH
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2018
  • Directions: US 60 E to Gilbert Road Left Right on Southern Left on Lindsay Road Right on Capri Circle
  • Road Surface Type: Asphalt
  • Subdivision Name: LINDSAY MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Individual, Heat Pump, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: 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

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Irving Elementary School
  • High School: Mesa High School
  • Middle Or Junior School: Taylor Junior High School

Lot Info

  • Lot Size: 10516
  • Additional Parcels: No
  • Parcel #: 140-40-417

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 420.0
  • Annual Gross Income: 28620.0
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 14251.0
  • Annual Operating Expense: 6049.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1709.0
  • Tax Book Number: 140.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2018
Closed on
May 1, 2019
Sold by
Kolnati Sandeep
Bought by
Pallay Rajini
Seller's Agent
Denise Carlos
Liberty Properties & Associate
Buyer's Agent
Nawal Mohammed
Venture REI, LLC
List Price
$365,000
Sold Price
$335,000
Premium/Discount to List
-$30,000
-8.22%
Total Days on Market
85
Current Estimated Value
$647,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,266
Avg. Annual Appreciation
11.52%
Original Mortgage
$251,250
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2018
Closed on
Mar 15, 2019
Sold by
Gonzalez Benniel L and Gonzalez Maria T
Bought by
Pallay Rajini
Seller's Agent
Denise Carlos
Liberty Properties & Associate
Buyer's Agent
Nawal Mohammed
Venture REI, LLC
List Price
$365,000
Sold Price
$335,000
Premium/Discount to List
-$30,000
-8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2005
Sold by
Reyes Bernard
Bought by
Gonzalez Benniel L and Gonzalez Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2004
Sold by
Hansen Richard A and Hansen Margaret N
Bought by
Reyes Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 1995
Sold by
Mauro Eugene P and Mauro Gilberta B
Bought by
Hansen Richard A and Hansen Margaret N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.58%
Mortgage Type
Trade

Range of Values:

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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
Pallay Rajini -- First American Title Ins Co
Pallay Rajini $335,000 First American Title Ins Co
Gonzalez Benniel L $354,000 Security Title Agency Inc
Reyes Bernard $269,000 Security Title Agency
Hansen Richard A $127,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pallay Rajini $253,000
Previous Owner Pallay Rajini $251,250
Previous Owner Gonzalez Benniel L $283,200
Previous Owner Reyes Bernard $215,200
Previous Owner Hansen Richard A $98,300
Previous Owner Hansen Richard A $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $335,000 -8.2% $104 / Sq Ft
05/03/2019 05/03/19 For Sale $365,000 0.0% $114 / Sq Ft
05/03/2019 05/03/19 Price Changed $365,000 0.0% $114 / Sq Ft
05/01/2019 05/01/19 For Sale $365,000 0.0% $114 / Sq Ft
05/01/2019 05/01/19 Price Changed $365,000 0.0% $114 / Sq Ft
04/16/2019 04/16/19 For Sale $365,000 0.0% $114 / Sq Ft
04/16/2019 04/16/19 Price Changed $365,000 0.0% $114 / Sq Ft
12/19/2018 12/19/18 For Sale $365,000 -- $114 / 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 $1,932 $19,679 -- --
2024 $1,948 $18,742 -- --
2023 $1,948 $50,080 $10,010 $40,070
2022 $1,907 $33,080 $6,610 $26,470
2021 $1,930 $30,760 $6,150 $24,610
2020 $1,905 $27,610 $5,520 $22,090
2019 $1,780 $23,480 $4,690 $18,790
2018 $1,709 $21,180 $4,230 $16,950
2017 $1,658 $15,980 $3,190 $12,790
2016 $1,627 $17,220 $3,440 $13,780
2015 $1,529 $15,130 $3,020 $12,110
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Denise Carlos

    Liberty Properties & Associate

  • Nawal Mohammed

    Buyer's Agent in 2019

    Nawal Mohammed

    Venture REI, LLC

    (602) 488-9554

    85 Total Sales

    Nawal Mohammed
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5859533

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-40-417

Arizona Maricopa County Mesa 85204 Central Mesa

2829 E Capri Cir, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 2829 E Capri Cir, Mesa, AZ 85204 since 21 December 2018 and is currently estimated at $647,266, approximately $201 per square foot. This property was built in 1984. 2829 E Capri Cir is a home located in Maricopa County with nearby schools including Irving Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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