NOT LISTED FOR SALE

Estimated Value: $557,001 - $831,000

-- Bed
-- Bath
3,214 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $340,000 $106 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,041/month

3 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of August 2018

All 2 bedrooms 1 bath units all have private yards. Great location in Mesa and no Hoa. Gross rents are approx 2800 a month. Always rented, easy keeper. New roof in 2015. All four units have been rehabbed. Parking lot got re surfaced in February. Trim got painted in 2016. All facts and figures are approximate buyer verify MLS info. Dive by only! Please do not disturb the tenants.

Last Listed By

Michelle Hoogendoorn

Better Homes & Gardens Real Estate SJ Fowler License #SA550923000 Listed on: 07/29/2018

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 1984

Lot Details

  • 10,193

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Mabel Padgett Elementary School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 14
  • Assessor Parcel Number 140-40-426

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10830
  • Lindsay Manor Subdivision

Building Details

  • Operating Expense $4,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,650

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Lindsay, south of Broadway
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2017
  • Directions: US 60 East, exit Gilbert Right on Broadway Left of Lindsay Right on Capri Circle Building is on left side in back
  • Road Surface Type: Asphalt
  • Subdivision Name: LINDSAY MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • 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

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Mabel Padgett Elementary School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 10830
  • Additional Parcels: No
  • Parcel #: 140-40-426

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 4650.0

Tax Info

  • Tax Annual Amount: 1650.0
  • Tax Book Number: 140.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Williams Tamara
Bought by
2840 E Capri Trust
Total Days on Market
3
Current Estimated Value
$693,250

Purchase Details

Closed on
Dec 10, 2020
Sold by
Williams Scott
Bought by
Williams Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2018
Sold by
Williams Scott
Bought by
Williams Scott and Williams Tamara

Purchase Details

Listed on
Jul 29, 2018
Closed on
Aug 28, 2018
Sold by
Williams Tamara
Bought by
Williams Scott
Seller's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$255,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2015
Closed on
Apr 10, 2015
Sold by
Capri Circle Apartments Llc
Bought by
Jackson Ryan
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%

Purchase Details

Closed on
Mar 3, 2009
Sold by
Smith Gary and Smith Sylvia
Bought by
U Fixem Properties

Purchase Details

Closed on
Feb 23, 2009
Sold by
U Fixem Properties Llc
Bought by
Capri Circle Apartments Llc

Purchase Details

Closed on
Nov 16, 2005
Sold by
Garcia Ricardo and Garcia Martha
Bought by
Smith Gary and Smith Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 19, 2004
Sold by
Bhatti Naim
Bought by
Garcia Ricardo and Garcia Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,750
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2003
Sold by
Grinde Kevin and Cox Julia
Bought by
Bhatti Naim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Bhatti Rubina S
Bought by
Bhatti Naim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2000
Sold by
Pestolis Tom
Bought by
Grinde Kevin and Cox Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,569
Interest Rate
8.24%
Mortgage Type
VA

Range of Values:

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Average Value
Not Available
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
2840 E Capri Trust -- None Listed On Document
Williams Tamara -- Clear Title Agency Of Az
Williams Scott -- None Available
Williams Scott -- Clear Title Agency Of Arizon
Williams Scott $340,000 Clear Title Agency Of Arizon
Jackson Ryan $230,000 Empire West Title Agency
U Fixem Properties $146,428 None Available
Capri Circle Apartments Llc -- None Available
Smith Gary $379,000 Ticor Title Agency Of Az Inc
Garcia Ricardo $260,000 Transnation Title
Bhatti Naim $227,000 First American Title Ins Co
Bhatti Naim -- First American Title Ins Co
Grinde Kevin $166,900 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Tamara $287,000
Previous Owner Williams Scott $255,000
Previous Owner Smith Gary $303,200
Previous Owner Garcia Ricardo $240,000
Previous Owner Garcia Ricardo $189,750
Previous Owner Bhatti Naim $181,600
Previous Owner Bhatti Naim $181,600
Previous Owner Grinde Kevin $168,569
Closed Smith Gary $37,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $340,000 -2.9% $106 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/29/2018 07/29/18 For Sale $350,000 +52.2% $109 / Sq Ft
04/15/2015 04/15/15 Sold $230,000 -2.1% $72 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $235,000 -- $73 / 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 $1,922 $19,585 -- --
2024 $1,938 $18,652 -- --
2023 $1,938 $49,910 $9,980 $39,930
2022 $1,898 $32,970 $6,590 $26,380
2021 $1,921 $30,620 $6,120 $24,500
2020 $1,896 $27,480 $5,490 $21,990
2019 $1,772 $23,410 $4,680 $18,730
2018 $1,700 $21,120 $4,220 $16,900
2017 $1,650 $15,950 $3,190 $12,760
2016 $1,619 $17,160 $3,430 $13,730
2015 $1,522 $15,100 $3,020 $12,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5799817

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-40-426