NOT LISTED FOR SALE

3005 E Cicero St Mesa, AZ 85213

The Groves Neighborhood

Estimated Value: $571,487 - $891,000

-- Bed
-- Bath
4,032 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $310,000 $77 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $4,048/month

98 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of January 2017

A NEWER BUILD 4 PLEX WITH NO HOA. THESE 2 BED 1.5 BATH TOWNHOUSE STYLE UNITS WITH LIVING ROOM, KITCHEN/DINING AND HALF BATH DOWNSTAIRS, TWO BEDROOOMS AND ONE BATH UPSTAIRS. LARGE UNITS APPROXIMATELY 1008 SQ FT. 35K WAS INVESTED INTO BUILDING REMODEL IN 2013. EACH UNIT HAS ALL APPLIANCES. OWNER PAYS WATER, SEWER, TRASH AND LANDSCAPING. UPGRADES ARE 1 NEW AC UNIT AND SOME NEW APPLIANCES IN UNITS, NEWER CARPET. BUILDING OFFERS COVERED PARKING SPACES. CLOSE TO TRANSPORTATION, EMPLOYMENT AND SHOPPING.

Last Agent to Sell the Property

Sergei Perkovskii

Gold Trust Realty License #SA558012000 Listed on: 09/21/2016

Last Buyer's Agent

Nicholas Yale

Brokers Hub Realty, LLC License #BR517934000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,817

Year Built

  • Built in 1987

Lot Details

  • 8,451

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Highland Elementary School
  • Poston Junior High School
  • Mountain View High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 20
  • Assessor Parcel Number 140-11-381

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8,466
  • University Villa East Lot 1 49 Subdivision

Building Details

  • Operating Expense $9,139
  • Net Operating Income $24,566

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,817

Year Built

Built in 1987

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: 1987
  • Mobile Home Prk Info Total Number Spaces: 8
  • Tax Year: 2015
  • Directions: East of Lindsay on University to Roca N to Cicero E
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2880.0
  • Subdivision Name: UNIVERSITY VILLA EAST LOT 1-49
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Annual Water Sewer Expense: 2200.0

Schools

  • Elementary School: Highland Elementary School
  • High School: Mountain View High School
  • Middle Or Junior School: Poston Junior High School

Lot Info

  • Lot Size: 8,466
  • Additional Parcels: No
  • Parcel #: 140-11-381

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 208.0
  • Insurance Expense: 2034.0
  • Property Net Operating Income: 24566.0
  • Annual Operating Expense: 9139.0
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 1817.0
  • Tax Book Number: 140.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2023
Sold by
Cicero Landing Llc
Bought by
Van Horn Landing Trust
Current Estimated Value
$698,496

Purchase Details

Closed on
May 12, 2020
Sold by
Vanhorn Mitchell W
Bought by
Cicero Landing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2020
Sold by
Cicero Landing Llc
Bought by
Vanhorn Mitchell W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2016
Closed on
Mar 10, 2017
Sold by
Vanhorn Mitchell W
Bought by
Cicero Landing Llc
Seller's Agent
Sergei Perkovskii
Gold Trust Realty
Buyer's Agent
Nicholas Yale
Brokers Hub Realty, LLC
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$200,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2016
Closed on
Jan 9, 2017
Sold by
Revat Llc
Bought by
Vanhorn Mitchell W
Seller's Agent
Sergei Perkovskii
Gold Trust Realty
Buyer's Agent
Nicholas Yale
Brokers Hub Realty, LLC
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

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
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2014
Sold by
Kapavarapu Venkata Ramana M
Bought by
Revat Llc

Purchase Details

Listed on
Feb 22, 2013
Closed on
Jun 26, 2013
Sold by
Fannie Mae
Bought by
Kapavarapa Venkata Ramana M
Seller's Agent
Paul Whittle
American Allstar Realty
Buyer's Agent
Sergei Perkovskii
Gold Trust Realty
List Price
$210,900
Sold Price
$215,000
Premium/Discount to List
$4,100
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$162,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2013
Closed on
Jun 21, 2013
Sold by
Kamarajugadda Sailatha
Bought by
Karavarapu Venkata Ramana M
Seller's Agent
Paul Whittle
American Allstar Realty
Buyer's Agent
Sergei Perkovskii
Gold Trust Realty
List Price
$210,900
Sold Price
$215,000
Premium/Discount to List
$4,100
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2013
Sold by
Walkoszz Wiktor and Walkosz Donna
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 28, 2008
Sold by
Walkosz Wiktor and Walkosz Donna Z
Bought by
Wdw San Jose Llc

Purchase Details

Closed on
May 21, 2007
Sold by
Vazquez Roberto
Bought by
Walkosz Wiktor and Walkosz Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Vazquez Maria Guandalupe
Bought by
Vazquez Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,200
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 11, 2006
Sold by
Ngo Dung
Bought by
Vazquez Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,200
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 10, 2004
Sold by
Nguyen Thuy K
Bought by
Ngo Dung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2004
Sold by
Rusinek Richard
Bought by
Ngo Dung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Van Horn Landing Trust -- --
Cicero Landing Llc -- None Available
Vanhorn Mitchell W -- First American Title Ins Co
Cicero Landing Llc -- None Available
Vanhorn Mitchell W $310,000 First American Title Ins Co
Revat Llc -- None Available
Kapavarapa Venkata Ramana M $205,000 Lawyers Title Of Arizona Inc
Karavarapu Venkata Ramana M -- Lawyers Title Of Arizona Inc
Federal National Mortgage Association $287,177 First American Title
Wdw San Jose Llc -- None Available
Walkosz Wiktor $359,000 Capital Title Agency Inc
Vazquez Roberto -- Transnation Title Ins Co
Vazquez Roberto $402,000 Transnation Title Ins Co
Ngo Dung -- Chicago Title Insurance Co
Ngo Dung $260,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanhorn Mitchell W $300,000
Previous Owner Vanhorn Mitchell W $200,000
Previous Owner Kapavarapa Venkata Ramana M $162,000
Previous Owner Walkosz Wiktor $287,200
Previous Owner Vazquez Roberto $40,200
Previous Owner Vazquez Roberto $281,400
Previous Owner Vazquez Roberto $281,400
Previous Owner Ngo Dung $195,000
Previous Owner Ngo Dung $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $310,000 -1.6% $77 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
12/23/2016 12/23/16 For Sale $315,000 0.0% $78 / Sq Ft
12/23/2016 12/23/16 Price Changed $315,000 0.0% $78 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $315,000 0.0% $78 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $315,000 +46.5% $78 / Sq Ft
06/26/2013 06/26/13 Sold $215,000 +1.9% $53 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $210,900 -- $52 / 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 $2,295 $23,386 -- --
2024 $2,314 $22,272 -- --
2023 $2,314 $62,350 $12,470 $49,880
2022 $2,266 $47,060 $9,410 $37,650
2021 $2,294 $37,970 $7,590 $30,380
2020 $2,264 $35,780 $7,150 $28,630
2019 $2,115 $25,760 $5,150 $20,610
2018 $2,030 $23,050 $4,610 $18,440
2017 $1,970 $20,300 $4,060 $16,240
2016 $1,933 $20,610 $4,120 $16,490
2015 $1,817 $19,660 $3,930 $15,730
Source: Public Records

Agents Affiliated with this Home

  • Sergei Perkovskii

    Seller's Agent in 2017

    Sergei Perkovskii

    Gold Trust Realty

    (480) 241-9278

    40 Total Sales

    Sergei Perkovskii
    Section Image
  • Nicholas Yale

    Buyer's Agent in 2017

    Nicholas Yale

    Brokers Hub Realty, LLC

    (480) 620-8075

    232 Total Sales

    Nicholas Yale
    Section Image
  • Paul Whittle

    Seller's Agent in 2013

    Paul Whittle

    American Allstar Realty

    (480) 751-5300

    96 Total Sales

    Paul Whittle
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5500427

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-11-381

Arizona Maricopa County Mesa 85213 The Groves

3005 E Cicero St, Mesa, AZ

This home is located at 3005 E Cicero St, Mesa, AZ 85213 since 21 September 2016 and is currently estimated at $698,496, approximately $173 per square foot. This property was built in 1987. 3005 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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