NOT LISTED FOR SALE

2913 E Cicero St Mesa, AZ 85213

The Groves Neighborhood

Estimated Value: $470,000 - $873,000

-- Bed
-- Bath
3,648 Sq Ft
$184/Sq Ft Est. Value

Last Sold April 10, 2013

Last sale price $185,000 $51 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $3,878/month

15 Days on Market

Highlights

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

About This Home

As of April 2013

Units nicely tiled in the right areas, carpeted bedrooms equals comfort in this nice quiet neighborhood.
Ease of ownership for investor in currently strong rental market.Close to schools, downtown ammenities,parks and shopping malls.Strong multi-family area .
CAUTION : BEES have formed hive and are active on south side of property.. Please be advised and take appropriate caution.

Last Agent to Sell the Property

Matthew Munn

Vylla Home License #SA558143000 Listed on: 03/13/2013

Last Buyer's Agent

Bruce Duckett

Duckett Management & Real Estate License #BR537621000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1984

Lot Details

  • 7,841

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 140-11-375

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7835
  • University Villas East Subdivision

Building Details

  • Operating Expense $1,178

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,178

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Lindsay and University
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2012
  • Directions: East on University to Rocca, north to Cicero, east to property (corner of Rocca and Cicero)
  • Road Surface Type: Asphalt
  • Subdivision Name: University Villas East
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • 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: 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

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 7835
  • Additional Parcels: No
  • Parcel #: 140-11-375

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 1177.52

Tax Info

  • Tax Annual Amount: 1177.52
  • Tax Book Number: 140.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2013
Closed on
May 2, 2013
Sold by
Grubka Frank
Bought by
Mason Madison Properties Llc
Seller's Agent
Matthew Munn
Vylla Home
Buyer's Agent
Bruce Duckett
Duckett Management & Real Estate
List Price
$169,900
Sold Price
$185,000
Premium/Discount to List
$15,100
8.89%
Current Estimated Value
$671,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,500
Avg. Annual Appreciation
10.59%

Purchase Details

Listed on
Mar 13, 2013
Closed on
Apr 3, 2013
Sold by
U S Bank National Association
Bought by
Grubka Frank
Seller's Agent
Matthew Munn
Vylla Home
Buyer's Agent
Bruce Duckett
Duckett Management & Real Estate
List Price
$169,900
Sold Price
$185,000
Premium/Discount to List
$15,100
8.89%

Purchase Details

Closed on
Dec 11, 2012
Sold by
Ma Kwong
Bought by
U S Bank National Association

Purchase Details

Closed on
May 30, 2008
Sold by
Ma Kwong W
Bought by
B E K Investments Llc

Purchase Details

Closed on
Apr 10, 2007
Sold by
B E K Investments Llc
Bought by
Ma Kwong W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.15%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 5, 2005
Sold by
Ma Kwong W
Bought by
B E K Investments Llc

Purchase Details

Closed on
May 5, 2004
Sold by
Brinson David M and Brinson Heather L
Bought by
Ma Kwong W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1999
Sold by
Philipps Lloyd L and Philipps Marilyn A
Bought by
Brinson David M and Brinson Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,340
Interest Rate
7.47%
Mortgage Type
FHA
Source: Public Records

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
Mason Madison Properties Llc -- None Available
Grubka Frank $185,000 None Available
Grubka Frank $185,000 None Available
U S Bank National Association -- None Available
B E K Investments Llc -- Grand Canyon Title Agency In
Ma Kwong W -- Grand Canyon Title Agency In
B E K Investments Llc -- Grand Canyon Title Agency In
Ma Kwong W $250,000 Grand Canyon Title Agency In
Brinson David M $174,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ma Kwong W $262,500
Previous Owner Ma Kwong W $200,000
Previous Owner Brinson David M $173,340
Previous Owner Phillips Lloyd L $108,974
Closed Ma Kwong W $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2013 04/10/13 Sold $185,000 +8.9% $51 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $169,900 -- $47 / 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 $2,031 $20,695 -- --
2024 $2,048 $19,710 -- --
2023 $2,048 $57,650 $11,530 $46,120
2022 $1,929 $43,580 $8,710 $34,870
2021 $1,959 $35,220 $7,040 $28,180
2020 $1,933 $33,080 $6,610 $26,470
2019 $1,803 $23,750 $4,750 $19,000
2018 $1,729 $21,260 $4,250 $17,010
2017 $1,676 $17,960 $3,590 $14,370
2016 $1,645 $18,150 $3,630 $14,520
2015 $1,548 $17,230 $3,440 $13,790
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Matthew Munn

    Vylla Home

  • Bruce Duckett

    Buyer's Agent in 2013

    Bruce Duckett

    Duckett Management & Real Estate

    (602) 578-7199

    2 in this area

    8 Total Sales

    Bruce Duckett
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4903810

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-11-375

Arizona Maricopa County Mesa 85213 The Groves

2913 E Cicero St, Mesa, AZ

This home is located at 2913 E Cicero St, Mesa, AZ 85213 since 13 March 2013 and is currently estimated at $671,500, approximately $184 per square foot. This property was built in 1984. 2913 E Cicero St is a home located in Maricopa County with nearby schools including Highland 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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