NOT LISTED FOR SALE

313 S Pioneer Mesa, AZ 85204

Temple Neighborhood

Estimated Value: $410,000 - $819,422

-- Bed
-- Bath
1,056 Sq Ft
$597/Sq Ft Est. Value

Last Sold June 24, 2015

Last sale price $176,000 $167 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $3,504/month

81 Days on Market

Highlights

  • Central Heating and Cooling System
  • Ceiling Fan
  • 3-minute walk to Stapley Park
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of June 2015

Great investment opportunity to own 4 units in the historic temple district of downtown Mesa. Two adjacent 4 plex properties that share one City of Mesa water main. Individually metered for electric and gas. landlord only pays water, trash and sewer. average monthly payment is $350 for all 8 units. Needs to be sold as an 8 plex. Adjacent listing 5241711. All 1 bed 1 bath identical units. Lots of mature trees on property. Ten parking spaces. 100% occupied. Four of tenants have been in place for 2+ years. All units have central AC/Heating (5 units are less than 6 months old). Great cash flow opportunity.

Last Agent to Sell the Property

Shawn Maxwell

Hub Realty License #SA638724000 Listed on: 02/25/2015

Last Buyer's Agent

Shawn Maxwell

Hub Realty License #SA638724000 Listed on: 02/25/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $779

Year Built

  • Built in 1965

Lot Details

  • 0.32

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 313
  • Assessor Parcel Number 138-30-064-H

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 7021

Building Details

  • Operating Expense $3,529
  • Net Operating Income $24,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$779

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: MESA DR. AND BROADWAY
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: r
  • Number Of Buildings: 2
  • Year Built: 1965
  • Tax Year: 2014
  • Road Surface Type: Gravel, Dirt
  • Tax Parcel Letter: H
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Fee Information

  • Annual Water Sewer Expense: 2100.0

Lot Info

  • Lot Size: 7021
  • Additional Parcels: No
  • Parcel #: 138-30-064-H

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 400.0
  • Property Net Operating Income: 24150.0
  • Annual Operating Expense: 3528.62
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 778.62
  • Tax Book Number: 138.00
  • Tax Lot: 313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2015
Closed on
Jun 24, 2015
Sold by
Maxwell Shawn and Maxwell Terri
Bought by
Riverbend Az Llc
Seller's Agent
Shawn Maxwell
Hub Realty
Buyer's Agent
Shawn Maxwell
Hub Realty
List Price
$194,900
Sold Price
$176,000
Premium/Discount to List
-$18,900
-9.7%
Current Estimated Value
$630,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,856
Avg. Annual Appreciation
13.01%

Purchase Details

Listed on
Feb 25, 2015
Closed on
Jun 23, 2015
Sold by
Opfel Ned
Bought by
Riverbend Az Llc
Seller's Agent
Shawn Maxwell
Hub Realty
Buyer's Agent
Shawn Maxwell
Hub Realty
List Price
$194,900
Sold Price
$176,000
Premium/Discount to List
-$18,900
-9.7%

Purchase Details

Closed on
Jan 26, 2011
Sold by
North American Savings Bank Fsb
Bought by
Opfel Ned

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2010
Sold by
Entrust Arizona Administrator
Bought by
North American Savings Bank Fsb

Purchase Details

Closed on
May 25, 2005
Sold by
Fox Eric and Fox Valerie
Bought by
Entrust Arizona and Marci Phelps Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2004
Sold by
Redwine Allan
Bought by
Fox Eric and Fox Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2004
Sold by
Redwine Allan
Bought by
Fox Eric and Fox Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2003
Sold by
Gyori Colleen
Bought by
Redwine Allan and Redwine Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
5.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riverbend Az Llc $180,000 Security Title Agency Inc
Riverbend Az Llc $180,000 Security Title Agency Inc
Opfel Ned $72,000 Title Mgmt Agency Of Az Llc
North American Savings Bank Fsb $145,897 Servicelink
Entrust Arizona $249,000 --
Fox Eric $187,500 North American Title Co
Fox Eric $187,500 North American Title Co
Redwine Allan $119,950 Westland Title Agency Of Az
Redwine Allan $119,950 Westland Title Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Opfel Ned $54,000
Previous Owner Entrust Arizona $149,000
Previous Owner Fox Eric $150,000
Previous Owner Fox Eric $150,000
Previous Owner Redwine Allan $89,900
Closed Fox Eric $18,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2015 06/24/15 Sold $176,000 -9.7% $167 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $194,900 -- $185 / 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 $2,179 $22,085 -- --
2024 $2,185 $21,033 -- --
2023 $2,185 $53,070 $10,610 $42,460
2022 $2,140 $39,680 $7,930 $31,750
2021 $2,166 $32,130 $6,420 $25,710
2020 $2,138 $29,100 $5,820 $23,280
2019 $1,998 $26,100 $5,220 $20,880
2018 $1,917 $21,500 $4,300 $17,200
2017 $1,651 $22,060 $4,400 $17,660
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Shawn Maxwell

    Hub Realty

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5241707

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-30-064J

Arizona Maricopa County Mesa 85204 Temple

313 S Pioneer, 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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