NOT LISTED FOR SALE

311 E Vine Cir Mesa, AZ 85210

Woodbridge Crossing Neighborhood

Estimated Value: $616,125 - $811,000

8 Beds
-- Bath
2,918 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $540,000 $185 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,718/month

7 Days on Market

Highlights

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

About This Home

As of March 2021

GREAT FOURPLEX INVESTMENT OPPORTUNITY! ALL UNITS CONSIST OF 2 BEDROOMS AND 1 BATHROOM. STACKABLE LAUNDRY OPTIONS IN EACH BATHROOM! SPACIOUS UNITS WITH THE UPSTAIRS UNITS HAVING LARGE COVERED PATIOS WITH VAULTED CEILINGS INSIDE. TERMITE TREATMENT IN FEBRUARY WITH 2 YEAR WARRANTY. GREAT INCOME PRODUCING PROPERTY THAT HAS GREAT UPSIDE ON RENTS WITH SOME UNITS BECOMING MONTH TO MONTH SOON. ACROSS THE STREET, THE UNITS JUST LEASED FOR NEARLY $1,100 AND FOURPLEX ACROSS STREET SOLD FOR $595K. LOTS OF PARKING, KITCHEN CABINETS RECENTLY PAINTED IN EACH UNIT, EACH UNIT HAS EXTERIOR STORAGE CLOSET, DESIRABLE LOCATION NEAR DOWNTOWN MESA. SELLER WILL REVIEW ALL OFFERS SUBMITTED AND MAKE A DECISION BY WEDNESDAY FEBRUARY 17TH AT 8:00 PM.
BUYER MUST VERIFY ALL FACTS AND FIGURES. NOTHING FOLLOWS

Last Agent to Sell the Property

Daniel Shreeve

Arizona Platinum Properties LLC License #BR572199000 Listed on: 02/11/2021

Last Buyer's Agent

Blaine Jarvis

Bullseye Property Management, LLC License #SA027837000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1985

Lot Details

  • 8,233

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 7
  • Assessor Parcel Number 139-36-103

Community Details

Overview

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

Building Details

  • Operating Expense $12,880
  • Gross Income $37,500
  • Net Operating Income $24,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,330

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: MESA DR. AND BROADWAY
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2650.0
  • 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: Other, Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Paved2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 3000.0

Schools

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

Lot Info

  • Lot Size: Unknown
  • Additional Parcels: No
  • Parcel #: 139-36-103

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 37500.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 24620.0
  • Annual Operating Expense: 12880.0

Tax Info

  • Tax Annual Amount: 1330.0
  • Tax Book Number: 139.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 13, 2021
Sold by
Morrison Matthew J and Morrison Beth D
Bought by
Buturla Arkadiusz W and Buturla Wioletta Alicja
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
Blaine Jarvis
Bullseye Property Management, LLC
List Price
$485,000
Sold Price
$540,000
Premium/Discount to List
$55,000
11.34%
Current Estimated Value
$684,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,531
Avg. Annual Appreciation
5.18%
Original Mortgage
$517,843
Outstanding Balance
$464,210
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$220,321

Purchase Details

Listed on
Apr 2, 2012
Closed on
May 15, 2012
Sold by
Wright Lawrence C and Wright Delores B
Bought by
Morrison Matthew J and Morrison Beth D
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
Chad Cluff
Cluff Real Estate LLC
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.08%
Original Mortgage
$101,250
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2009
Sold by
Free Loan Consult Llc
Bought by
Wright Lawrence C and Wright Delores B

Purchase Details

Closed on
Sep 21, 2009
Sold by
Alvarez Frank and Frank Alvarez
Bought by
Free Loan Consult Llc

Purchase Details

Closed on
May 3, 2006
Sold by
Alvarez Frank and Alvarez Frank
Bought by
Alvarez Frank and Alvarez Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2004
Sold by
Alvarez Nancy
Bought by
Alvarez Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,250
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

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

Purchase Details

Closed on
Jun 13, 2002
Sold by
Sutton Leslie Neil and Sutton Mary Noel
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
Sutton Leslie Neil and Sutton Mary Noel

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
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 1997
Sold by
Bellerose John Andrew and Bellerose Carol Crandell
Bought by
Fairbanks Jeffrey C and Fairbanks Kristie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
7.98%
Mortgage Type
New Conventional
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
Buturla Arkadiusz W $530,000 Empire West Title Agency Llc
Morrison Matthew J $135,000 First Arizona Title Agency
Wright Lawrence C -- None Available
Free Loan Consult Llc $85,000 Lawyers Title Of Arizona Inc
Alvarez Frank -- Alliance Title Company
Alvarez Frank -- Fidelity National Title
Alvarez Frank $305,000 Fidelity National Title
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
Sutton Leslie Neil $162,000 Grand Canyon Title Agency In
Fairbanks Jeffrey C $130,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buturla Arkadiusz W $517,843
Previous Owner Morrison Matthew J $101,250
Previous Owner Alvarez Frank $280,000
Previous Owner Alvarez Frank $198,250
Previous Owner Hernandez Arthur J $168,000
Previous Owner Sutton Leslie Neil $145,800
Previous Owner Fairbanks Jeffrey C $97,500
Closed Alvarez Frank $76,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2021 03/22/21 Sold $540,000 +11.3% $185 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $485,000 +234.5% $166 / Sq Ft
05/30/2012 05/30/12 Sold $145,000 0.0% $199 / Sq Ft View Prior Sale
04/05/2012 04/05/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $145,000 -- $199 / 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 $1,355 $13,734 -- --
2024 $1,359 $13,080 -- --
2023 $1,359 $49,870 $9,970 $39,900
2022 $1,331 $35,180 $7,030 $28,150
2021 $1,347 $28,010 $5,600 $22,410
2020 $1,330 $25,160 $5,030 $20,130
2019 $1,242 $19,880 $3,970 $15,910
2018 $1,192 $18,230 $3,640 $14,590
2017 $1,157 $16,480 $3,290 $13,190
2016 $1,135 $15,750 $3,150 $12,600
2015 $1,067 $13,570 $2,710 $10,860
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Daniel Shreeve

    Arizona Platinum Properties LLC

    (480) 600-4307

    2 in this area

    30 Total Sales

    Daniel Shreeve
    Section Image
  • Blaine Jarvis

    Buyer's Agent in 2021

    Blaine Jarvis

    Bullseye Property Management, LLC

    (480) 433-6163

    2 in this area

    72 Total Sales

    Blaine Jarvis
    Section Image
  • Chad Cluff

    Buyer's Agent in 2012

    Chad Cluff

    Cluff Real Estate LLC

    (602) 882-0694

    2 in this area

    44 Total Sales

    Chad Cluff
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6193312

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-36-103

Arizona Maricopa County Mesa 85210 Woodbridge Crossing

311 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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