NOT LISTED FOR SALE

302-312 S Pioneer -- Mesa, AZ 85204

Temple Neighborhood
7 Beds
6 Baths
1,426 Sq Ft
1960 Built

Last Sold May 17, 2021

Last sale price $825,000 $579 Per Sq Ft

25 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 2-minute walk to Stapley Park
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of May 2021

Six on Pioneer is a tenants dream! Well maintained, patio style building with five spacious 1 bedroom/1 bath units and one 2 bedroom, 1 bath. Property has so much value add opportunity with private yards, light remodels, and bringing rents to full market value. Property includes covered parking and storage units for the tenants and the owner. Irrigated lawn stays beautiful and green, even in the desert! Conveniently located within walking distance from light rail, elementary school and nearby entertainment, employment, and schools. Proforma cap rate at 5.9%.
*All figures are approximate, buyer to verify all MLS information. Do Not Disturb Tenants. Drive-by only!

Last Agent to Sell the Property

Carla Magee

My Home Group Real Estate License #SA685362000 Listed on: 03/04/2021

Last Buyer's Agent

Carla Magee

My Home Group Real Estate License #SA685362000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $213

Year Built

  • Built in 1960

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 8 Parking Spaces
  • Carport
  • On-Street Parking

Schools

  • Franklin At Brimhall Elementary School
  • Kino Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 8
  • Assessor Parcel Number 138-30-192

Community Details

Overview

  • 6 Units
  • Building Dimensions are 19,600
  • Pioneer Rest Lots 1 9 Tr A Subdivision

Building Details

  • Operating Expense $18,033
  • Gross Income $66,405
  • Net Operating Income $48,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$213

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Pioneer & 3rd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2020
  • Directions: Go W on E Broadway, Turn North on Pioneer, Property on Left
  • Road Surface Type: Asphalt
  • Professional Management Expense: 5500.0
  • Subdivision Name: PIONEER REST LOTS 1-9 TR A
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Built-In Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Add'l Parking Avail, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Irrigation
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 4320.0

Schools

  • Elementary School: Franklin At Brimhall Elementary
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 19,600
  • Additional Parcels: No
  • Parcel #: 138-30-192

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 6
  • Annual Gross Income: 66405.0
  • Insurance Expense: 3200.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 48375.0
  • Annual Operating Expense: 18033.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 213.0
  • Tax Book Number: 138.00
  • Tax Lot: 8

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $825,000 +1.2% $579 / Sq Ft
04/08/2021 04/08/21 For Sale $815,000 0.0% $572 / Sq Ft
04/08/2021 04/08/21 Price Changed $815,000 0.0% $572 / Sq Ft
03/04/2021 03/04/21 For Sale $815,000 -- $572 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Carla Magee

    My Home Group Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6202314

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Mesa 85204 Temple

302-312 S Pioneer --, Mesa, AZ

This home is located at 302-312 S Pioneer --, Mesa, AZ 85204 since 04 March 2021. This property was built in 1960. 302-312 S Pioneer -- is a home located in Maricopa County with nearby schools including Lowell 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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