$257,500
SOLD AUG 28, 2015
-- Bed
-- Bath
3,214 Sq Ft
10,367 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

3% Below List Price

29 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of May 2023

DRIVE BY ONLY! Do Not Disturb Tenants! Inspections once escrow is opened. Well maintained 4-Plex, all 2 bed 1 bath units, all are rented, 6 covered parking spaces. Units include fridge, range, and inside laundry. 2 units have been updated. Excellent cul de sac location and neighborhood.

Last Agent to Sell the Property

Greg Loynd

Net Growth Realty License #BR532931000 Listed on: 07/03/2015

Net Growth Realty

Last Buyer's Agent

Michael Smith

Barrett Real Estate License #BR635584000

Barrett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Construction or Metal Frame
  • Stucco

Parking

  • 6 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 9
  • Assessor Parcel Number 140-40-421

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10241
  • Lindsay Manor Subdivision

Building Details

  • Operating Expense $5,883
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,533

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: LINDSAY & BROADWAY
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2014
  • Directions: From Broadway, S. on Lindsay to Capri, E. to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: LINDSAY MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2700.0

Schools

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

Lot Info

  • Lot Size: 10241
  • Additional Parcels: No
  • Parcel #: 140-40-421

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 28800.0
  • Maintenance Expense: 750.0
  • Annual Operating Expense: 5883.0

Tax Info

  • Tax Annual Amount: 1533.0
  • Tax Book Number: 140.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
May 16, 2023
Sold by
Draper John
Bought by
Holland Daniel John
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
Bretton Trapnell
HomeSmart
List Price
$725,000
Sold Price
$704,000
Premium/Discount to List
-$21,000
-2.9%
Views
81
Current Estimated Value
$761,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,569
Avg. Annual Appreciation
3.60%
Original Mortgage
$583,536
Outstanding Balance
$565,114
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$196,455

Purchase Details

Listed on
Jul 3, 2015
Closed on
Aug 25, 2015
Sold by
Draper Kelda and Draper John
Bought by
Draper John
Seller's Agent
Greg Loynd
Net Growth Realty
Buyer's Agent
Michael Smith
Barrett Real Estate
List Price
$265,000
Sold Price
$257,500
Premium/Discount to List
-$7,500
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.91%
Original Mortgage
$172,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2015
Closed on
Aug 20, 2015
Sold by
Cuadras Jose Luis Gaxiola and Gaxiola Dolores
Bought by
Draper John
Seller's Agent
Greg Loynd
Net Growth Realty
Buyer's Agent
Michael Smith
Barrett Real Estate
List Price
$265,000
Sold Price
$257,500
Premium/Discount to List
-$7,500
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2002
Sold by
Gaxiola Dolores N
Bought by
Cuadras Jose Luis Gaxiola

Purchase Details

Closed on
Jun 20, 2002
Sold by
Murphy Michael D and Murphy Mary D
Bought by
Cuadras Jose Luis Gaxiola
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $704,000 First Integrity Title
Interfamily Deed Transfer -- Stewart Title & Trust Of Pho
Warranty Deed $230,000 Stewart Title & Trust Of Pho
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $224,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $583,536 FHA
Closed $105,360 No Value Available
Closed $583,536 FHA
Previous Owner $220,000 New Conventional
Previous Owner $172,500 New Conventional
Previous Owner $172,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $704,000 +0.6% $219 / Sq Ft
05/09/2023 05/09/23 Price Changed $699,900 0.0% $218 / Sq Ft
05/04/2023 05/04/23 Price Changed $699,900 0.0% $218 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/17/2023 03/17/23 Price Changed $699,900 -3.5% $218 / Sq Ft
03/02/2023 03/02/23 For Sale $725,000 +181.6% $226 / Sq Ft
08/28/2015 08/28/15 Sold $257,500 -2.8% $80 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
07/02/2015 07/02/15 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 $1,926 $19,623 -- --
2024 $1,942 $18,689 -- --
2023 $1,942 $50,010 $10,000 $40,010
2022 $1,902 $33,030 $6,600 $26,430
2021 $1,925 $30,710 $6,140 $24,570
2020 $1,900 $27,560 $5,510 $22,050
2019 $1,775 $23,450 $4,690 $18,760
2018 $1,704 $21,160 $4,230 $16,930
2017 $1,653 $15,970 $3,190 $12,780
2016 $1,622 $17,200 $3,440 $13,760
2015 $1,525 $15,120 $3,020 $12,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5302675

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-40-421