NOT LISTED FOR SALE

Estimated Value: $538,000 - $702,694

Studio
-- Baths
2,918 Sq Ft
$218/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2024

Last sale price $670,000 $230 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,513 / mo

18 Days on Market

Highlights

  • Carpet
  • Franklin Accelerated Academy-Brimhall Campus Rated A
  • Heat Pump System

About This Home

As of January 2024

Well maintained 4-plex in the heart of Mesa. All units are 2 bed, 1 bath with washer / dryer hookups. The property has solid return metrics and should be a nice addition to any investor's portfolio. Two of the units have been renovated in the last few years by the current owner. Serious buyers only. No wholesalers.
Do NOT go on the property.

Last Agent to Sell the Property

Larry Burr

ATLAS AZ, LLC License #SA684467000 Listed on: 12/07/2023

Last Buyer's Agent

Larry Burr

ATLAS AZ, LLC License #SA684467000 Listed on: 12/07/2023

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1985

Lot Details

  • 8,146

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 139-36-097

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8154
  • East Almond Place Subdivision

Building Details

  • Operating Expense $1,355
  • Gross Income $54,720
  • Net Operating Income $54,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,355

Year Built

Built in 1985

Lot Details

8,146 Sq Ft Lot

Listing Details

  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Subdivision Name: EAST ALMOND PLACE
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space/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

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: No Pool

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 8154
  • Additional Parcels: No
  • Parcel #: 139-36-097

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 54720.0
  • Property Net Operating Income: 54720.0
  • Annual Operating Expense: 1355.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1355.0
  • Tax Book Number: 139.00
  • Tax Lot: 1

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/15/2024 01/15/24 Sold $670,000 -3.6% $230 / Sq Ft
12/07/2023 12/07/23 For Sale $695,000 -- $238 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,351 $13,696
2024 $1,355 $13,044
2023 $1,355 $49,810 $9,960 $39,850
2022 $1,327 $35,150 $7,030 $28,120
2021 $1,344 $27,970 $5,590 $22,380
2020 $1,326 $25,120 $5,020 $20,100
2019 $1,239 $19,860 $3,970 $15,890
2018 $1,189 $18,220 $3,640 $14,580
2017 $1,154 $16,470 $3,290 $13,180
2016 $1,132 $15,720 $3,140 $12,580
2015 $1,064 $13,560 $2,710 $10,850
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6637988

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-36-097

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