NOT LISTED FOR SALE

3113 E Cicero St Mesa, AZ 85213

The Groves Neighborhood

Estimated Value: $628,875 - $868,000

1 Bed
-- Bath
3,468 Sq Ft
$212/Sq Ft Est. Value

Last Sold September 07, 2017

Last sale price $347,000 $100 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,219/month

37 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of September 2017

GREAT INVESTMENT OPPORTUNITY, 2 BEDROOM, 4 PLEX, FULLY REMODELED, ALL UNITS ARE RENTED, FULL SIZE WASHER/DRYER, REFRIGERATOR, MICROWAVE AND GLASS TOP STOVES IN EACH UNIT, PROFESSIONALLY MANAGED, DRIVE BY ONLY, DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Deanne Martin

Coldwell Banker Northland License #BR541778000 Listed on: 07/02/2017

Coldwell Banker Northland

Last Buyer's Agent

Bobbi Engle

eXp Realty License #SA638852000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1984

Lot Details

  • 8,146

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 28
  • Assessor Parcel Number 140-11-389

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8130
  • University Villa East Lot 1 49 Subdivision

Building Details

  • Operating Expense $12,398
  • Gross Income $29,164
  • Net Operating Income $20,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,664

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: VAL VISTA/UNIVERSITY
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2016
  • Directions: UNIVERSITY WEST TO LOMA VISTA, NORTH TO CICERO ST
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 1920.0
  • Subdivision Name: UNIVERSITY VILLA EAST LOT 1-49
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 3287.0

Schools

  • Elementary School: Highland Elementary School
  • High School: Mountain View - Waddell
  • Middle Or Junior School: Poston Junior High School

Lot Info

  • Lot Size: 8130
  • Additional Parcels: No
  • Parcel #: 140-11-389

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 340.0
  • Annual Gross Income: 29164.05
  • Insurance Expense: 2972.0
  • Maintenance Expense: 1740.0
  • Property Net Operating Income: 20100.0
  • Annual Operating Expense: 12398.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1664.0
  • Tax Book Number: 140.00
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Ibrahim Tarek A and Hanna Dalia N
Bought by
3113 E Cicero St Mesa Az Llc
Current Estimated Value
$733,969

Purchase Details

Listed on
Jul 2, 2017
Closed on
Sep 5, 2017
Sold by
3113 E Cicero Llc
Bought by
Ibrahim Tarek A and Hanna Dalia N
Seller's Agent
Deanne Martin
Coldwell Banker Northland
Buyer's Agent
Bobbi Engle
eXp Realty
List Price
$350,000
Sold Price
$347,000
Premium/Discount to List
-$3,000
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$242,900
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Johnston William
Bought by
3113 Cicero Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,197
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2010
Sold by
Wells Fargo Bank Na
Bought by
Johnston William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,197
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2010
Sold by
Simental Efrain and Simental Gloria
Bought by
Wells Fargo Bank Na and Wachovia Mortgage Fsb

Purchase Details

Closed on
Jan 20, 2006
Sold by
Nguyen Phil A and Nguyen Tawny N
Bought by
Simental Efrain and Simental Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2005
Sold by
Newell Darren and Newell Dolores B
Bought by
Nguyen Phil A and Nguyen Tawny N

Purchase Details

Closed on
Dec 30, 2004
Sold by
Mogollon Real Investments Llc
Bought by
Newell Darren and Newell Dolores B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2004
Sold by
Shadle John R
Bought by
Mogollon Real Investments Llc

Purchase Details

Closed on
Sep 18, 2003
Sold by
Mogollon Real Investments Llc
Bought by
Shadle John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2002
Sold by
Shadle John R
Bought by
Mogollon Real Investments Llc

Purchase Details

Closed on
Aug 20, 2002
Sold by
Rodger Kirby L and Rodger Darlene M
Bought by
Shadle John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 1999
Sold by
Gerding Ronald D and Gerding Cecilia Linda
Bought by
Rodger Kirby L and Rodger Darlene M

Purchase Details

Closed on
Jun 4, 1998
Sold by
Stearns Jeffery S and Stearns Katherine A
Bought by
Gerding Ronald D and Gerding Cecilia Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1997
Sold by
Tyler David L and Tyler Rebecca C
Bought by
Stearns Jeffery S and Stearns Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 1995
Sold by
Thomas James and Thomas Dolores J
Bought by
Tyler David L and Tyler Rebecca C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
3113 E Cicero St Mesa Az Llc -- None Available
Ibrahim Tarek A $347,000 North American Title Company
3113 Cicero Llc -- None Available
Johnston William $150,000 Pioneer Title Agency Inc
Wells Fargo Bank Na $145,617 Lsi Title Company
Simental Efrain $395,000 Chicago Title Insurance Co
Nguyen Phil A $339,000 --
Newell Darren $275,000 Stewart Title & Trust
Mogollon Real Investments Llc -- The Talon Group Title & Sett
Shadle John R -- The Talon Group Title & Sett
Mogollon Real Investments Llc $203,000 --
Shadle John R $203,000 Security Title Agency
Rodger Kirby L $175,000 First American Title
Gerding Ronald D $170,000 Lawyers Title Of Arizona Inc
Stearns Jeffery S $150,000 Transnation Title Ins Co
Tyler David L $130,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ibrahim Tarek A $242,900
Previous Owner Johnston William $146,197
Previous Owner Simental Efrain $276,500
Previous Owner Newell Darren $210,000
Previous Owner Shadle John R $162,400
Previous Owner Shadle John R $162,400
Previous Owner Gerding Ronald D $117,600
Previous Owner Stearns Jeffery S $105,000
Previous Owner Tyler David L $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2017 09/07/17 Sold $347,000 0.0% $100 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
07/27/2017 07/27/17 Off Market $347,000 -- --
07/07/2017 07/07/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $350,000 -- $101 / 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 $1,976 $20,131 -- --
2024 $1,992 $19,172 -- --
2023 $1,992 $55,970 $11,190 $44,780
2022 $1,951 $42,320 $8,460 $33,860
2021 $1,975 $34,310 $6,860 $27,450
2020 $1,949 $32,210 $6,440 $25,770
2019 $1,821 $23,030 $4,600 $18,430
2018 $1,748 $20,600 $4,120 $16,480
2017 $1,696 $17,400 $3,480 $13,920
2016 $1,664 $17,600 $3,520 $14,080
2015 $1,564 $16,670 $3,330 $13,340
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Deanne Martin

    Coldwell Banker Northland

    Section Image
  • Bobbi Engle

    Buyer's Agent in 2017

    Bobbi Engle

    eXp Realty

    (623) 624-9799

    66 Total Sales

    Bobbi Engle
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5627908

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-11-389

Arizona Maricopa County Mesa 85213 The Groves

3113 E Cicero St, Mesa, AZ

This home is located at 3113 E Cicero St, Mesa, AZ 85213 since 02 July 2017 and is currently estimated at $733,969, approximately $211 per square foot. This property was built in 1984. 3113 E Cicero St is a home located in Maricopa County with nearby schools including Highland Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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