NOT LISTED FOR SALE

Estimated Value: $358,124 - $769,000

-- Bed
-- Bath
2,918 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $159,500 $55 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $3,364/month

223 Days on Market

Highlights

  • Wood Flooring
  • Franklin at Brimhall Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of October 2014

EXCELLENT INVESTMENT OPPORTUNITY! FULLY RENTED FOUR PLEX WITH LONG TERM TENANTS IN HIGH DEMAND AREA. EACH UNIT IS APPROXIMATELY 750 SQUARE FEET. ALL UNITS ARE WELL MAINTAINED 2 BEDROOM 1 BATH WITH BALCONY OR PATIO. EACH UNIT HAS DEDICATED WASHER/DRYER HOOKUPS AND SEPARATE STORAGE. THIS IS A VERY ATTRACTIVE OPPORTUNITY ADDITIONAL FINANCIAL /INCOME DATA AVAILABLE UPON SERIOUS INQUIRIES. CURRENT TENANT ASSUMES THE ROLE OF PROPERTY MANAGER AND KEEPS THINGS RUNNING SMOOTHLY.

Last Agent to Sell the Property

Michael Brown

My Home Group Real Estate License #SA575437000 Listed on: 02/14/2014

Last Buyer's Agent

JAKELINE PLASCENCIA

West USA Realty License #SA573916000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $833

Year Built

  • Built in 1985

Lot Details

  • 6,839

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Construction or Metal Frame
  • Stucco

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 6
  • Assessor Parcel Number 139-36-102

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • East Almond Place Lot 1 8 Subdivision

Building Details

  • Operating Expense $6,027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$833

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: MESA DR & BROADWAY
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2013
  • Directions: From the 101 take Broadway east to S Wilbur. Turn right onto S Wilbur. Turn left onto E Vine Cir. Property is on the right.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: EAST ALMOND PLACE LOT 1-8
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, 1 Space/Unit, Street Parking
  • 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:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 1170.0
  • Annual Water Sewer Expense: 2937.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 139-36-102

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 1087.0
  • Annual Operating Expense: 6027.0

Tax Info

  • Tax Annual Amount: 833.0
  • Tax Book Number: 139.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
Sep 22, 2014
Sold by
Kuhlman Properties Llc
Bought by
Gonzalez Mario and Medina Beatriz
Seller's Agent
Michael Brown
My Home Group Real Estate
Buyer's Agent
JAKELINE PLASCENCIA
West USA Realty
List Price
$184,700
Sold Price
$159,500
Premium/Discount to List
-$25,200
-13.64%
Current Estimated Value
$598,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,031
Avg. Annual Appreciation
13.22%
Original Mortgage
$119,625
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2009
Sold by
Pauls Jennifer L
Bought by
Kuhlman Properties Llc

Purchase Details

Closed on
Oct 9, 2009
Sold by
Kuhlman Bryce M
Bought by
Pauls Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2009
Sold by
The Bank Of New York Mellon
Bought by
Pauls Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2009
Sold by
Rosaly John and Rosaly Vilma J
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 12, 2005
Sold by
Person Patrick and Person Mary Ann
Bought by
Rosaly John and Rosaly Vilma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2004
Sold by
Rolph Bruce J
Bought by
Person Pat and Person Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
5.87%
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
Camoriano John Kelly and Halyard Michele Y
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
Jun 22, 1999
Sold by
Ftp Investments Llc
Bought by
Camoriano John Kelly and Halyard Michele Y

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
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1996
Sold by
Strohmeyer Lee H and Strohmeyer Maryann P
Bought by
Bellerose John Andrew and Bellerose Carol Crandell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 1996
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
$93,750
Interest Rate
7.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Gonzalez Mario $159,500 Stewart Title & Trust Of Pho
Kuhlman Properties Llc -- Accommodation
Pauls Jennifer L -- First American Title Ins Co
Pauls Jennifer L $100,000 First American Title Ins Co
The Bank Of New York Mellon $114,750 First American Title
Rosaly John $335,000 Capital Title Agency Inc
Person Pat $305,000 --
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
Camoriano John Kelly $162,000 Grand Canyon Title Agency In
Bellerose John Andrew $120,000 Chicago Title Insurance Co
Fairbanks Jeffrey C $125,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mario Gonzalez $204,000
Closed Gonzalez Mario $182,000
Closed Gonzalez Mario $119,625
Previous Owner Pauls Jennifer L $75,000
Previous Owner Rosaly John $268,000
Previous Owner Person Pat $213,500
Previous Owner Hernandez Arthur J $168,000
Previous Owner Camoriano John Kelly $145,800
Previous Owner Fairbanks Jeffrey C $93,750
Closed Person Pat $61,000
Closed Rosaly John $33,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $159,500 -13.6% $55 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $184,700 -- $63 / 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 $1,315 $13,395 -- --
2024 $1,326 $12,758 -- --
2023 $1,326 $48,830 $9,760 $39,070
2022 $1,298 $34,480 $6,890 $27,590
2021 $1,314 $27,280 $5,450 $21,830
2020 $1,297 $24,510 $4,900 $19,610
2019 $1,212 $19,530 $3,900 $15,630
2018 $1,163 $17,950 $3,590 $14,360
2017 $1,128 $16,260 $3,250 $13,010
2016 $1,107 $15,420 $3,080 $12,340
2015 $1,041 $13,360 $2,670 $10,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5070042

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-36-102