NOT LISTED FOR SALE

3056 E Cicero St Mesa, AZ 85213

The Groves Neighborhood

Estimated Value: $494,330 - $994,000

Studio
-- Bath
4,792 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 06, 2013

Last sale price $220,000 $46 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $3,966/month

40 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of December 2013

BACK ON MARKET!! NOT YOUR AVERAGE 4-PLX! CUSTOM BUILT TOWNHOME STYLE. EACH 2-STY UNIT HAS 2BD/2BA, 1198 SF, VAULTED CEILINGS, FENCED PATIOS, BALCONIES, AND ATTACHED COVERED CARPORT. THREE UNITS HAVE DISHWASHERS AND ALL UNITS HAVE DISPOSALS, REFRIGERATORS, WASHER/DRYER HOOK-UPS, AND SMOKE ALARMS. (SOME UNITS MAY HAVE MICROWAVE AND WASHER/DRYER). PROPERTY HAS LAWN WITH WATERING SYSTEM IN FRONT, AND A FENCED AREA IN BACK FOR PLAY AREA AND PRIVACY. BUILDING HAS A FULL TILE ROOF.

Last Agent to Sell the Property

Karin Noffsinger

HomeSmart License #SA096004101 Listed on: 09/14/2013

HomeSmart

Last Buyer's Agent

Kimberly D. Hunter

RE/MAX Signature License #SA114650000

RE/MAX Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 1985

Lot Details

  • 7,928

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Schools

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

Utilities

  • Cooling Available
  • 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 45
  • Assessor Parcel Number 140-11-406

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7922
  • University Villa East Lot 1 49 Subdivision

Building Details

  • Operating Expense $10,574
  • Gross Income $26,700
  • Net Operating Income $1,464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,434

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: UNIVERSITY & LINDSAY
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2012
  • Road Surface Type: Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 2670.0
  • Subdivision Name: UNIVERSITY VILLA EAST LOT 1-49
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Add'l Parking Avail, >1 Space Per Unit, Street Parking, 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:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Highland 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: 7922
  • Additional Parcels: No
  • Parcel #: 140-11-406

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 26700.0
  • Insurance Expense: 1250.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 1463.5
  • Annual Operating Expense: 10574.0

Tax Info

  • Tax Annual Amount: 1434.0
  • Tax Book Number: 140.00
  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2013
Closed on
Nov 18, 2013
Sold by
Garfias Francisco M and Garfias Antonia
Bought by
Wager Phillip C and Wager Nancy C
Seller's Agent
Karin Noffsinger
HomeSmart
Buyer's Agent
Kimberly D. Hunter
RE/MAX Signature
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$717,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,083
Avg. Annual Appreciation
10.25%
Original Mortgage
$148,000
Outstanding Balance
$110,371
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$606,712

Purchase Details

Closed on
Dec 18, 2003
Sold by
Dominguez Jose
Bought by
Garfias Francisco M and Garfias Antonia

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
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
Sold by
Dominguez Maria A
Bought by
Dominguez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,750
Interest Rate
7.5%
Mortgage Type
New Conventional
Source: Public Records
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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
Wager Phillip C $220,000 Pioneer Title Agency Inc
Garfias Francisco M -- Fidelity National Title
Dominguez Jose -- Old Republic Title Agency
Garfias Francisco $253,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wager Phillip C $148,000
Previous Owner Garfias Francisco M $195,000
Previous Owner Garfias Francisco $189,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2013 12/06/13 Sold $220,000 0.0% $46 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
09/14/2013 09/14/13 For Sale $220,000 -- $46 / 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 $2,586 $26,208 -- --
2024 $2,594 $24,960 -- --
2023 $2,594 $71,010 $14,200 $56,810
2022 $2,540 $53,600 $10,720 $42,880
2021 $2,571 $42,910 $8,580 $34,330
2020 $2,537 $40,400 $8,080 $32,320
2019 $2,371 $29,980 $5,990 $23,990
2018 $2,275 $27,270 $5,450 $21,820
2017 $2,207 $22,930 $4,580 $18,350
2016 $2,167 $23,260 $4,650 $18,610
2015 $2,036 $22,000 $4,400 $17,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Karin Noffsinger

    HomeSmart

    Section Image

  • K

    Buyer's Agent in 2013

    Kimberly D. Hunter O'Rourke

    RE/MAX

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5002016

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-11-406

Arizona Maricopa County Mesa 85213 The Groves

3056 E Cicero St, Mesa, AZ

Not Listed for Sale

MultiFamily

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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