$322,000
SOLD MAY 31, 2017

3121 E Cicero St Mesa, AZ 85213

The Groves Neighborhood
-- Bed
-- Bath
3,380 Sq Ft
7,797 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

8% Below List Price

3 Days on Market

Highlights

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

About This Home

As of August 2020

A TREMENDOUS OPPORTUNITY TO PURCHASE A NEWER BUILD 4 PLEX WITH NO HOA. THESE 2 BED 2 BATH NEARLY 850 SQ FT UNITS ARE MOVE-IN READY. EACH UNIT HAS ALL APPLIANCES INCLUDNG FULL-SIZE WASHERS AND DRYERS. OWNER PAYS WATER, SEWER, TRASH AND LANDSCAPING. CLOSE TO TRANSPORTATION. RENTS IN THE AREA APPEAR TO BE RUNNING $650 TO $800 PER MONTH DEPENDING ON CONDITION AND UPSTAIRS VS. DOWNSTAIRS. BUYER IS ADVISED TO DO THEIR OWN RENTAL ANALYSIS.

Last Agent to Sell the Property

Howard Rudin

West USA Realty License #SA527947000 Listed on: 04/22/2017

West USA Realty

Last Buyer's Agent

Marti Sauers

Watermark Arizona Properties License #BR636078000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 29
  • Assessor Parcel Number 140-11-390

Community Details

Overview

  • 4 Units
  • Building Dimensions are 100 X 78
  • University Villa East Lot 1 49 Subdivision

Building Details

  • Operating Expense $1,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,700

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: University and Val Vista
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2016
  • Directions: West on University, then North on LOS ALAMOS and then head east on Cicero to fourplex on the South side of Street.
  • Road Surface Type: Asphalt
  • Subdivision Name: UNIVERSITY VILLA EAST LOT 1-49
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • 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:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • 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

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes

Schools

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

Lot Info

  • Lot Size: 100 X 78
  • Additional Parcels: No
  • Parcel #: 140-11-390

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1700.0

Tax Info

  • Tax Annual Amount: 1700.0
  • Tax Book Number: 140.00
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 17, 2020
Sold by
Morin Sally
Bought by
Demirjian Shunt Hagop and Eledgian Alice
Seller's Agent
Marti Sauers
Watermark Arizona Properties
Buyer's Agent
Garen Avanesyan
Realty ONE Group
List Price
$544,000
Sold Price
$550,000
Premium/Discount to List
$6,000
1.1%
Current Estimated Value
$818,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,542
Avg. Annual Appreciation
8.08%
Original Mortgage
$412,500
Outstanding Balance
$370,819
Interest Rate
3%
Estimated Equity
$446,016

Purchase Details

Listed on
Apr 22, 2017
Closed on
May 26, 2017
Sold by
Save The Family Foundation Of Arizona
Bought by
Morin Sally
Seller's Agent
Howard Rudin
West USA Realty
Buyer's Agent
Marti Sauers
Watermark Arizona Properties
List Price
$350,000
Sold Price
$322,000
Premium/Discount to List
-$28,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%
Original Mortgage
$241,500
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 22, 2017
Closed on
May 24, 2017
Sold by
Larson Kali and Morin Sally Lea
Bought by
Morin Sally Lea
Seller's Agent
Howard Rudin
West USA Realty
Buyer's Agent
Marti Sauers
Watermark Arizona Properties
List Price
$350,000
Sold Price
$322,000
Premium/Discount to List
-$28,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
3.97%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 Dhi Title Agency
Warranty Deed $322,000 Pioneer Title Agency Inc
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,500 No Value Available
Previous Owner $241,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $550,000 +1.1% $163 / Sq Ft
08/22/2020 08/22/20 Price Changed $544,000 0.0% $161 / Sq Ft
08/19/2020 08/19/20 Price Changed $544,000 0.0% $161 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $544,000 +68.9% $161 / Sq Ft
05/31/2017 05/31/17 Sold $322,000 -8.0% $95 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/22/2017 04/22/17 For Sale $350,000 -- $104 / 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 $1,934 $19,698 -- --
2024 $1,949 $18,760 -- --
2023 $1,949 $54,770 $10,950 $43,820
2022 $1,909 $41,430 $8,280 $33,150
2021 $1,932 $33,570 $6,710 $26,860
2020 $1,907 $31,510 $6,300 $25,210
2019 $1,782 $25,740 $7,280 $18,460
2018 $2,565 $19,370 $3,870 $15,500
2017 $2,489 $18,830 $3,760 $15,070
2016 $0 $12,970 $2,590 $10,380
2015 -- $14,630 $2,920 $11,710
Source: Public Records

Agents Affiliated with this Home

  • Marti Sauers

    Seller's Agent in 2020

    Marti Sauers

    Watermark Arizona Properties

    (602) 740-3820

    33 Total Sales

    Marti Sauers
    Section Image

  • G

    Buyer's Agent in 2020

    Garen Avanesyan

    Realty One Group

    Section Image
  • Howard Rudin

    Seller's Agent in 2017

    Howard Rudin

    West USA Realty

    (602) 390-8088

    1 in this area

    127 Total Sales

    Howard Rudin
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5594660

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-11-390

Arizona Maricopa County Mesa 85213 The Groves

3121 E Cicero St, Mesa, AZ

This home is located at 3121 E Cicero St, Mesa, AZ 85213 and is currently priced at $322,000, approximately $95 per square foot. This property was built in 1984. 3121 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

Nearby Homes