NOT LISTED FOR SALE

310 W 8th Ave Mesa, AZ 85210

Woodbridge Crossing Neighborhood

Estimated Value: $621,384 - $836,000

2 Beds
-- Bath
3,536 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $640,000 $181 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,874/month

3 Days on Market

Highlights

  • Central Air
  • Heating unit installed on the ceiling
  • Concrete Flooring
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of February 2022

Great investor rental opportunity!
Solid block 1971 construction and low maintenance landscaping. There are 4-2 bedroom and 1 bath units. Units lease very easy in this area. Great central Mesa location. Close to the US 60 freeway. Run the numbers, this one has great cash flow for your buyer. Many upgrades, and a brand new roof with receipts. **SELLING THIS 4 PLEX AS IS ** Has a separate laundry room for the tenants, with 4 covered parking spots available. It currently has two good long term tenant's in the 4 plex. Signed leases until 7/2022.
NOTE: ''PLEASE SUBMIT SIGNED BINSR ACCEPTING PROPERTY AS IS.'' with the offer

Last Agent to Sell the Property

Michael Bickford

Keller Williams Realty East Valley License #SA678009000 Listed on: 12/30/2021

Last Buyer's Agent

Andrea Francis

West USA Realty License #BR654187000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,477

Year Built

  • Built in 1971

Lot Details

  • 8,407

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 8 Parking Spaces
  • Carport

Schools

  • Guerrero Elementary School
  • Rhodes Junior High School
  • Dobson High School

Utilities

  • Central Air
  • Heating unit installed on the ceiling

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 11
  • Assessor Parcel Number 139-40-066

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8,498
  • Lincoln Parkway Subdivision

Building Details

  • Operating Expense $1,477
  • Gross Income $55,200
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,477

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: South Country Club
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: [RM-3] Resident
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2021
  • Road Surface Type: Asphalt, Dedicated Street, Concrete
  • Subdivision Name: LINCOLN PARKWAY
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Refrigerator
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: <1 Space Per Unit, Carport
  • 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 Features:Carport: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Electric
  • Heating: Ceiling
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Schools

  • Elementary School: Guerrero Elementary School
  • High School: Dobson High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Rhodes Junior High School

Lot Info

  • Lot Size: 8,498
  • Additional Parcels: No
  • Parcel #: 139-40-066

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Annual Gross Income: 55200.0
  • Property Net Operating Income: 48000.0
  • Annual Operating Expense: 1477.0

Tax Info

  • Tax Annual Amount: 1477.0
  • Tax Book Number: 139.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2024
Sold by
Wilcox Isabelle R
Bought by
Ramiro Properties Llc
Current Estimated Value
$715,096

Purchase Details

Listed on
Dec 30, 2021
Closed on
Jan 25, 2022
Sold by
Nancy L Stevens Revocable Living Trust
Bought by
Wilcox Isabelle R
Seller's Agent
Michael Bickford
Keller Williams Realty East Valley
Buyer's Agent
Andrea Francis
West USA Realty
List Price
$686,000
Sold Price
$640,000
Premium/Discount to List
-$46,000
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$480,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2006
Sold by
Stevens Nancy L
Bought by
Stevens Nancy L and Nancy L Stevens Revocable Living Trust

Purchase Details

Closed on
Aug 8, 2000
Sold by
Stevens Nancy L
Bought by
Stevens Nancy L and Nancy L Stevens Revocable Living Trust

Purchase Details

Closed on
Mar 26, 1996
Sold by
Garcia Marcos G and Garcia Patsy
Bought by
Stevens Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,702
Interest Rate
7.84%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ramiro Properties Llc -- None Listed On Document
Ramiro Properties Llc -- None Listed On Document
Wilcox Isabelle R $640,000 United Title
Wilcox Isabelle R $640,000 United Title
Stevens Nancy L -- None Available
Stevens Nancy L -- None Available
Stevens Nancy L -- --
Stevens Nancy L -- --
Stevens Nancy L $86,000 First American Title
Stevens Nancy L $86,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilcox Isabelle R $480,000
Previous Owner Stevens Nancy L $85,702
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2022 02/02/22 Sold $640,000 -6.7% $181 / Sq Ft
01/03/2022 01/03/22 Price Changed $686,000 0.0% $194 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $686,000 -- $194 / 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 $1,486 $15,058 -- --
2024 $1,490 $14,341 -- --
2023 $1,490 $58,950 $11,790 $47,160
2022 $1,459 $40,870 $8,170 $32,700
2021 $1,477 $32,770 $6,550 $26,220
2020 $1,458 $29,250 $5,850 $23,400
2019 $1,362 $23,110 $4,620 $18,490
2018 $1,307 $21,070 $4,210 $16,860
2017 $1,268 $19,170 $3,830 $15,340
2016 $1,245 $18,160 $3,630 $14,530
2015 $1,170 $16,370 $3,270 $13,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Bickford

    Keller Williams Realty East Valley

  • Andrea Francis

    Buyer's Agent in 2022

    Andrea Francis

    West USA Realty

    (480) 225-4707

    1 in this area

    44 Total Sales

    Andrea Francis
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6336250

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-40-066

Arizona Maricopa County Mesa 85210 Woodbridge Crossing

310 W 8th Ave, 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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