Seller's Agent in 2018
Bruce Duckett
Duckett Management & Real Estate
(602) 578-7199
2 in this area
7 Total Sales
3133 E Cicero St Mesa, AZ 85213
The Groves NeighborhoodEstimated Value: $686,799 - $938,000
Studio
--
Bath
3,648
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Central Heating and Cooling System
- Ceiling Fan
- Franklin at Brimhall Elementary School Rated A
About This Home
As of February 2018This is An EXCEPTIONAL INVESTMENT Opportunity! All 2 Bedroom / 2 Bath Apartments with LAUNDRY ROOMS INSIDE. All Four Units Have Been Remodeled in the Last Few Years (Painting, Vanities, Flooring, Fixtures) Unit #101 Has NEW Kitchen Cabinets & Counter Tops! Stable Great Paying Tenants and (1) Long Term Tenant! RENTS WERE at: $839.44; $686.81 (6 year tenant); $712.25 & $763.13; We INCREASED Unit #102; #201 & #202 by $50.00 Each; NEW RENTS ARE NOW: $839.44; $737.69; $763.13 & $814.00. All Three Tenants Signed NEW 6 Month Leases Effective 1/1/18!! This Building is a Turn Key Investment; POSITIVE Cash Flowing NOW..... with an EXTRA $150 CASH FLOW PER MONTH. Tile Roof and the Exterior Was Painted in the Last 3-4 Years! PLEASE DO NOT DISTURB TENANTS! STILL ROOM TO INCREASE RENTS BY $50 to $75!
Last Agent to Sell the Property
Duckett Management & Real Estate License #BR537621000 Listed on: 11/13/2017
Last Buyer's Agent
Garen Avanesyan
Realty ONE Group License #SA563260000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,761
Year Built
- Built in 1984
Lot Details
- 8,451
Home Design
- Wood Frame Construction
- Tile Roof
Interior Spaces
- Ceiling Fan
Flooring
- Wood
- Ceramic Tile
- Vinyl
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Paved Parking
- On-Street Parking
Schools
- Highland Elementary School
- Poston Junior High School
- Mountain View High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 30
- Assessor Parcel Number 140-11-391
Community Details
Overview
- 4 Units
- Building Dimensions are 8462
- University Villa East Lot 1 49 Subdivision
Building Details
- Operating Expense $9,791
- Gross Income $37,200
- Net Operating Income $27,409
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 1, 2022
Sold by
Silvia Demirjian
Bought by
Demirjian Jirair and Demirjian Silvia
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$369,800
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$415,150
Purchase Details
Closed on
Mar 25, 2022
Sold by
Silvia Demirjian
Bought by
Demirjian Jirair and Demirjian Silvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$369,800
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$415,150
Purchase Details
Listed on
Nov 13, 2017
Closed on
Jan 31, 2018
Sold by
Demirjian Jirair
Bought by
Demirjian Silvia
Seller's Agent
Bruce Duckett
Duckett Management & Real Estate
Buyer's Agent
Garen Avanesyan
Realty ONE Group
List Price
$420,000
Sold Price
$405,000
Premium/Discount to List
-$15,000
-3.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$303,750
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 13, 2017
Closed on
Jan 5, 2018
Sold by
Future Breeze Llc
Bought by
Demirjian Silvia
Seller's Agent
Bruce Duckett
Duckett Management & Real Estate
Buyer's Agent
Garen Avanesyan
Realty ONE Group
List Price
$420,000
Sold Price
$405,000
Premium/Discount to List
-$15,000
-3.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 4, 2015
Closed on
Nov 25, 2015
Sold by
Moriyama Akiko
Bought by
Hirata Kazuyuki
Seller's Agent
Bruce Duckett
Duckett Management & Real Estate
Buyer's Agent
Yukiko Tadano
West USA Realty
List Price
$300,000
Sold Price
$288,000
Premium/Discount to List
-$12,000
-4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.18%
Original Mortgage
$206,600
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 4, 2015
Closed on
Nov 20, 2015
Sold by
Cicero Rentals Llc
Bought by
Hirata Kazuyuki
Seller's Agent
Bruce Duckett
Duckett Management & Real Estate
Buyer's Agent
Yukiko Tadano
West USA Realty
List Price
$300,000
Sold Price
$288,000
Premium/Discount to List
-$12,000
-4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,600
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 18, 2009
Sold by
Velicevich John D and Velicevich Andrea M E
Bought by
Cicero Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
5.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 3, 2009
Sold by
Dharan Baburaj and Dharan Thottil Thrisia
Bought by
Velicevich John D and Velicevich Andrea M E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
5.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2005
Sold by
Burney James and Burney Barbara
Bought by
Dharan Baburaj and Thottil Thrisia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 30, 2005
Sold by
Weaver Sally
Bought by
Burney James D and Burney Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 31, 2003
Sold by
Weaver Sally
Bought by
Weaver Sally and The Sally Weaver Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.75%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 22, 2003
Sold by
Bishopp Dorothy W
Bought by
Weaver K Sally and Warren Lucian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.75%
Mortgage Type
Seller Take Back
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Demirjian Jirair | -- | None Listed On Document | |
| Demirjian Jirair | -- | None Listed On Document | |
| Demirjian Silvia | -- | Dhi Title Agency | |
| Demirjian Silvia | $405,000 | Dhi Title Agency | |
| Hirata Kazuyuki | -- | Equity Title Agency Inc | |
| Hirata Kazuyuki | $288,000 | Equity Title Agency Inc | |
| Cicero Rentals Llc | -- | Accommodation | |
| Velicevich John D | $155,000 | Grand Canyon Title Agency In | |
| Dharan Baburaj | $415,000 | -- | |
| Burney James D | $325,000 | Capital Title Agency Inc | |
| Weaver Sally | -- | Ticor Title Agency Of Az Inc | |
| Weaver K Sally | $225,000 | Ticor Title Agency Of Az Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Demirjian Jirair | $392,000 | |
| Closed | Demirjian Jirair | $392,000 | |
| Previous Owner | Demirjian Silvia | $303,750 | |
| Previous Owner | Hirata Kazuyuki | $206,600 | |
| Previous Owner | Velicevich John D | $116,250 | |
| Previous Owner | Dharan Baburaj | $332,000 | |
| Previous Owner | Burney James D | $260,000 | |
| Previous Owner | Weaver K Sally | $180,000 | |
| Closed | Dharan Baburaj | $62,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/02/2018 02/02/18 | Sold | $405,000 | -1.2% | $111 / Sq Ft | |
| 01/19/2018 01/19/18 | Pending | -- | -- | -- | |
| 12/19/2017 12/19/17 | Price Changed | $410,000 | -2.4% | $112 / Sq Ft | |
| 11/13/2017 11/13/17 | For Sale | $420,000 | +45.8% | $115 / Sq Ft | |
| 12/09/2015 12/09/15 | Sold | $288,000 | -4.0% | $79 / Sq Ft | View Prior Sale |
| 10/08/2015 10/08/15 | Pending | -- | -- | -- | |
| 10/04/2015 10/04/15 | For Sale | $300,000 | -- | $82 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,062 | $20,902 | -- | -- |
| 2024 | $2,069 | $19,907 | -- | -- |
| 2023 | $2,069 | $58,130 | $11,620 | $46,510 |
| 2022 | $2,026 | $43,950 | $8,790 | $35,160 |
| 2021 | $2,050 | $35,610 | $7,120 | $28,490 |
| 2020 | $2,024 | $33,430 | $6,680 | $26,750 |
| 2019 | $1,891 | $23,920 | $4,780 | $19,140 |
| 2018 | $1,815 | $21,400 | $4,280 | $17,120 |
| 2017 | $1,761 | $18,060 | $3,610 | $14,450 |
| 2016 | $1,728 | $18,300 | $3,660 | $14,640 |
| 2015 | $1,624 | $17,350 | $3,470 | $13,880 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Duckett
-
G
Buyer's Agent in 2018
Garen Avanesyan
Realty One Group
-
Yukiko Tadano
Buyer's Agent in 2015
Yukiko Tadano
West USA Realty
(602) 565-1630
6 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5687193
APN: 140-11-391
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.
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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