Seller's Agent in 2016
Rick Horst
Keller Williams Arizona Realty
(480) 767-3014
32 Total Sales
300 S Lazona Dr Mesa, AZ 85204
Reed Park NeighborhoodEstimated Value: $443,287 - $711,000
Studio
4
Baths
712
Sq Ft
$877/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
- Franklin at Brimhall Elementary School Rated A
About This Home
As of March 2016Cash Flowing Great Long-Term Investment w/8.44% Cap Rate from actuals.
Excellent Location! Great rental area next to Single-Family Neighborhood.
Low Maintenance w/Newer Roof, New Porch, Back Fence, New Main Electrical, Newer A/C Units + Many Additional Updates!
Long-term tenants(up to 6 years)that pay on time!
No vacancies in past 18 mos.
Easy Management–Just pick up the check!
Residential Financing or Seller terms available -
Wrap Mortgage
Asking Price:$240,000/Down Payment= $60,000 / Loan Amt: $180,000
Term: 30 years with 5-year balloon 6% Interest Rate
Payment: $1,079.19 ($12,950.29 annual)
Great unit mix-all 2 bedroom 1 bath. There is a laundry room that is separately metered w/hook ups only at this time.
Great Investment Opportunity!
Last Agent to Sell the Property
Keller Williams Arizona Realty License #SA640657000 Listed on: 12/18/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,132
Year Built
- Built in 1974
Lot Details
- 0.31
Home Design
- Composition Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
Parking
- 8 Parking Spaces
- 4 Covered Spaces
- Paved Parking
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 14
- Assessor Parcel Number 138-14-017-J
Community Details
Overview
- 4 Units
- Building Dimensions are 13277
Building Details
- Gross Income $29,520
- Net Operating Income $20,258
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 8, 2016
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Dec 18, 2015
Closed on
Feb 4, 2016
Sold by
Bought by
Seller's Agent
Rick Horst
Keller Williams Arizona Realty
Buyer's Agent
Lucas LeBeau
HomeSmart
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Original Mortgage
$168,750
Interest Rate
0.0381%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 18, 2015
Closed on
Jan 27, 2016
Sold by
Bought by
Seller's Agent
Rick Horst
Keller Williams Arizona Realty
Buyer's Agent
Lucas LeBeau
HomeSmart
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
0.0381%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 22, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
0.0391%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 2009
Sold by
Bought by
Purchase Details
Closed on
Nov 3, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
0.0787%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 19, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
0.0787%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 20, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
0.0525%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 17, 2002
Sold by
Bought by
Purchase Details
Closed on
Oct 31, 2002
Sold by
Bought by
Purchase Details
Closed on
Nov 19, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $225,000 | Security Title Agency Inc | ||
| -- | Security Title Agency Inc | ||
| -- | Security Title Agency Inc | ||
| $145,000 | Chicago Title Agency Inc | ||
| $118,000 | Chicago Title | ||
| -- | None Available | ||
| $325,000 | Commonwealth Land Title Ins | ||
| $226,000 | First American Title Ins Co | ||
| -- | First American Title Ins Co | ||
| -- | North American Title Co | ||
| $180,000 | North American Title Co | ||
| $112,000 | Transnation Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $168,750 | ||
| Previous Owner | $108,750 | ||
| Previous Owner | $260,000 | ||
| Previous Owner | $151,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2016 03/11/16 | Sold | $225,000 | -6.2% | $316 / Sq Ft |
| 02/11/2016 02/11/16 | Pending | -- | -- | -- |
| 12/18/2015 12/18/15 | For Sale | $239,900 | -- | $337 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,437 | $14,564 | ||
| 2024 | $1,441 | $13,870 | ||
| 2023 | $1,441 | $49,580 | $9,910 | $39,670 |
| 2022 | $1,411 | $34,480 | $6,890 | $27,590 |
| 2021 | $1,429 | $28,000 | $5,600 | $22,400 |
| 2020 | $1,410 | $24,720 | $4,940 | $19,780 |
| 2019 | $1,317 | $19,280 | $3,850 | $15,430 |
| 2018 | $1,264 | $17,400 | $3,480 | $13,920 |
| 2017 | $1,227 | $17,250 | $3,450 | $13,800 |
| 2016 | $1,204 | $16,610 | $3,320 | $13,290 |
| 2015 | $1,132 | $14,670 | $2,930 | $11,740 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Horst
-
Kerry Keezer
Seller Co-Listing Agent in 2016
Kerry Keezer
72SOLD
(480) 760-1494
69 Total Sales
-
Lucas LeBeau
L
Buyer's Agent in 2016
Lucas LeBeau
HomeSmart
(480) 290-9868
6 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5375096
APN: 138-14-017J
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.
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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