NOT LISTED FOR SALE

Estimated Value: $756,048 - $801,000

Studio
-- Bath
4,000 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $771,000 $193 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,267/month

16 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of November 2024

Wow! Awesome 4 Plex in East Mesa. Each unit has 2 bedrooms and 2 baths, Living Room and Kitchen. Each Unit has an Outside Storage Room. All units have assigned parking. Inside Laundry for each unit. Refrigerator Included for each unit. All of the units have been refreshed and are ready to go! Hurry....this one will go fast.

Last Agent to Sell the Property

Rob Becker

Top Rock Realty Brokerage Phone: 480-215-2525 License #BR109512000 Listed on: 10/14/2024

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 8,494

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking
  • On-Street Parking

Schools

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

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 24
  • Assessor Parcel Number 140-11-385

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8499
  • University Villa East Subdivision

Building Details

  • Operating Expense $7,087

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Lindsey & University
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: UNIVERSITY VILLA EAST
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1496.92
  • Annual Water Sewer Expense: 5215.52

Schools

  • Elementary School: Field Elementary School
  • High School: Mountain View High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Poston Junior High School

Lot Info

  • Lot Size: 8499
  • Additional Parcels: No
  • Parcel #: 140-11-385

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Electric Expense: 374.76
  • Annual Operating Expense: 7087.2
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Book Number: 140.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Nov 15, 2024
Sold by
Arm Of Save The Family
Bought by
Els Ventures Multi Family Llc
Seller's Agent
Rob Becker
Top Rock Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$820,000
Sold Price
$771,000
Premium/Discount to List
-$49,000
-5.98%
Views
8
Current Estimated Value
$763,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,504
Avg. Annual Appreciation
0.87%

Purchase Details

Closed on
Jul 17, 2007
Sold by
Chinothai Prateep and Chinothai Sommai
Bought by
A R M Of Save The Family

Purchase Details

Closed on
Oct 25, 2004
Sold by
Maconi Corradino J and Maconi Rose M
Bought by
Chinothai Prateep and Chinothai Sommai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1998
Sold by
Maconi Corradino J and Maconi Rose M
Bought by
Maconi Corradino J and Maconi Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 1998
Sold by
Maconi Corradino J and Maconi Rose M
Bought by
Maconi Corradino J and Maconi Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 1995
Sold by
Maconi Corradino and Maconi Rose
Bought by
Maconi Corradino J and Maconi Rose M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Els Ventures Multi Family Llc $771,000 Navi Title Agency
A R M Of Save The Family $330,000 Security Title Agency Inc
Chinothai Prateep $280,000 Capital Title Agency Inc
Maconi Corradino J -- --
Maconi Corradino J -- Security Title Agency
Maconi Corradino J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chinothai Prateep $210,000
Previous Owner Maconi Corradino J $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2024 11/19/24 Sold $771,000 -6.0% $193 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $820,000 -- $205 / 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 $3,299 $33,441 -- --
2024 -- $31,849 -- --
2023 $0 $59,550 $13,815 $45,735
2022 $0 $55,545 $14,505 $41,040
2021 $0 $55,395 $14,505 $40,890
2020 $0 $53,565 $12,420 $41,145
2019 $0 $50,955 $11,565 $39,390
2018 $0 $24,280 $4,850 $19,430
2017 $0 $23,060 $4,610 $18,450
2016 $0 $16,450 $3,290 $13,160
2015 -- $18,580 $3,710 $14,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6771018

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-11-385