NOT LISTED FOR SALE

305 E Vine Cir Mesa, AZ 85210

Woodbridge Crossing Neighborhood

Estimated Value: $655,909 - $805,000

8 Beds
-- Bath
2,918 Sq Ft
$246/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $646,000 $221 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,892/month

2 Days on Market

Highlights

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

About This Home

As of December 2021

MESA FOUR PLEX OPPORTUNTY! This Mesa four-plex is a great Investment opportunity. Fully occupied, with electricity paid by tenants, this property cash flows form day 1 with room to grow. Professionally managed for the past 4 years, the property is in very good condition. Each unit has inside washer/dryer hookups as well as dedicated exterior storage. No showings without an executed contract. Please do not disturb the tenants.

Last Agent to Sell the Property

Douglas Foster

A-Z Real Estate Professionals License #SA631349000 Listed on: 11/05/2021

Last Buyer's Agent

Rachel Krill

Real Broker License #BR559282000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1985

Lot Details

  • 7,884

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking

Schools

  • Lincoln Elementary School
  • Mesa Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 8
  • Assessor Parcel Number 139-36-104

Community Details

Overview

  • 4 Units
  • Building Dimensions are 70 x 120
  • East Almond Place Subdivision

Building Details

  • Operating Expense $5,238
  • Gross Income $39,780
  • Net Operating Income $34,557

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,338

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Mesa Drive & Broadway
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: EAST ALMOND PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Lot Size: 70 x 120
  • Additional Parcels: No
  • Parcel #: 139-36-104

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 39780.0
  • Property Net Operating Income: 34557.0
  • Annual Operating Expense: 5238.0

Tax Info

  • Tax Annual Amount: 1338.0
  • Tax Book Number: 139.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2017
Sold by
Lavin Brent and Lavin Carrie
Bought by
Lavin Brent J and Lavin Carrie A
Current Estimated Value
$717,977

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 20, 2017
Sold by
Appcom Investment Llc
Bought by
Lavin Brent and Lavin Carrie
Seller's Agent
Alex Affas, CCIM
AFFIRE, LLC
Buyer's Agent
Douglas Foster
A-Z Real Estate Professionals
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%
Original Mortgage
$217,500
Outstanding Balance
$180,706
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$537,271

Purchase Details

Listed on
Apr 26, 2016
Closed on
May 17, 2016
Sold by
Cicerelli Michael and Poirot Jaimee
Bought by
Appcom Investment Llc
Seller's Agent
Marion Johannson
West USA Realty
Buyer's Agent
Rod Hofeling
RE/MAX Foothills
List Price
$217,500
Sold Price
$205,000
Premium/Discount to List
-$12,500
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.51%
Original Mortgage
$164,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 18, 2014
Closed on
Jan 27, 2015
Sold by
Msca Investments Llc
Bought by
Cicerelli Michael and Poirot Jaimee
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Sophia Baron
Grace CRE
List Price
$174,900
Sold Price
$180,000
Premium/Discount to List
$5,100
2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$135,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2013
Sold by
Colegrove Michael and Colegrove Sherry L
Bought by
Msca Investments Llc

Purchase Details

Closed on
May 23, 2011
Sold by
Christman Justin
Bought by
Colegrove Michael and Colegrove Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2010
Sold by
Rolph Bruce J
Bought by
Christman Justin

Purchase Details

Closed on
Nov 11, 2002
Sold by
Rolph Maria I
Bought by
Rolph Bruce J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2002
Sold by
Immel John J and Immel Dolores
Bought by
Hernandez Arthur J and Hernandez Cathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1999
Sold by
Ftp Investments Llc
Bought by
Immel John J and Immel Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1998
Sold by
Fairbanks Jeffrey Clark and Fairbanks Kristie Young
Bought by
Ftp Investments Llc

Purchase Details

Closed on
Dec 16, 1996
Sold by
Franco Manuel
Bought by
Fairbanks Jeffrey C and Fairbanks Kristie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,827
Interest Rate
7.53%
Mortgage Type
Assumption
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
Lavin Brent J -- None Available
Lavin Brent $290,000 Grand Canyon Title Agency
Appcom Investment Llc $205,000 Greystone Title Agency Llc
Cicerelli Michael $180,000 First Arizona Title Agency
Msca Investments Llc -- None Available
Colegrove Michael $115,000 Great American Title Agency
Christman Justin -- Great American Title Agency
Christman Justin $50,300 None Available
Rolph Bruce J -- Chicago Title Insurance Co
Rolph Bruce J $225,000 Chicago Title Insurance Co
Hernandez Arthur J $210,000 North American Title Co
Immel John J $162,000 Grand Canyon Title Agency In
Ftp Investments Llc -- --
Fairbanks Jeffrey C $103,800 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavin Brent $217,500
Previous Owner Appcom Investment Llc $164,000
Previous Owner Cicerelli Michael $135,000
Previous Owner Colegrove Michael $86,250
Previous Owner Rolph Bruce J $45,000
Previous Owner Rolph Bruce J $180,000
Previous Owner Hernandez Arthur J $168,000
Previous Owner Immel John J $145,800
Previous Owner Fairbanks Jeffrey C $29,827
Closed Hernandez Arthur J $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $646,000 +0.9% $221 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
11/07/2021 11/07/21 Price Changed $640,000 +0.8% $219 / Sq Ft
11/05/2021 11/05/21 For Sale $635,000 +119.0% $218 / Sq Ft
07/24/2017 07/24/17 Sold $290,000 -1.7% $99 / Sq Ft View Prior Sale
06/23/2017 06/23/17 Pending -- -- --
06/20/2017 06/20/17 Price Changed $295,000 -4.8% $101 / Sq Ft
05/31/2017 05/31/17 For Sale $310,000 +51.2% $106 / Sq Ft
05/23/2016 05/23/16 Sold $205,000 -5.7% $70 / Sq Ft View Prior Sale
05/01/2016 05/01/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $217,500 +20.8% $75 / Sq Ft
01/20/2015 01/20/15 Sold $180,000 +2.9% $62 / Sq Ft View Prior Sale
12/28/2014 12/28/14 Pending -- -- --
12/17/2014 12/17/14 For Sale $174,900 -- $60 / 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 $1,346 $13,640 -- --
2024 $1,350 $12,991 -- --
2023 $1,350 $49,610 $9,920 $39,690
2022 $1,322 $35,010 $7,000 $28,010
2021 $1,338 $27,830 $5,560 $22,270
2020 $1,321 $25,000 $5,000 $20,000
2019 $1,234 $19,800 $3,960 $15,840
2018 $1,184 $18,160 $3,630 $14,530
2017 $1,149 $16,430 $3,280 $13,150
2016 $1,128 $15,660 $3,130 $12,530
2015 $1,060 $13,510 $2,700 $10,810
Source: Public Records

Agents Affiliated with this Home

  • Douglas Foster

    Seller's Agent in 2021

    Douglas Foster

    A-Z Real Estate Professionals

    (480) 926-4848

    1 in this area

    57 Total Sales

    Douglas Foster
    Section Image
  • Rachel Krill

    Buyer's Agent in 2021

    Rachel Krill

    Real Broker

    (928) 246-4714

    1 in this area

    233 Total Sales

    Rachel Krill
    Section Image
  • Alex Affas, CCIM

    Seller's Agent in 2017

    Alex Affas, CCIM

    AFFIRE, LLC

    (480) 516-2046

    1 in this area

    18 Total Sales

    Alex Affas, CCIM
    Section Image
  • Marion Johannson

    Seller's Agent in 2016

    Marion Johannson

    West USA Realty

    (602) 290-1575

    10 Total Sales

    Marion Johannson
    Section Image
  • Rod Hofeling

    Buyer's Agent in 2016

    Rod Hofeling

    RE/MAX

    (602) 549-0169

    69 Total Sales

    Rod Hofeling
    Section Image
  • Sophia Baron

    Seller's Agent in 2015

    Sophia Baron

    Grace CRE

    (480) 375-0227

    79 Total Sales

    Sophia Baron
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6317395

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-36-104

Arizona Maricopa County Mesa 85210 Woodbridge Crossing

305 E Vine Cir, Mesa, AZ

Not Listed for Sale

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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