NOT LISTED FOR SALE

317 N 93rd St Mesa, AZ 85207

University Manor Neighborhood

Estimated Value: $549,869 - $607,000

-- Bed
-- Bath
2,560 Sq Ft
$227/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $435,000 $170 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,196/month

18 Days on Market

Highlights

  • Cooling Available
  • Community Playground
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of March 2021

THIS INCOME PRODUCING PROPERTY IN MESA, AZ IS AN INVESTORS DREAM ***NO HOA***
LOCATED CLOSE TO THE 202 AND AND 60 FREEWAYS. THIS 4-PLEX INCLUDES 1 BEDROOM AND ONE BATH IN 3 3 UNITS AND 2 BEDROOMS AND 1 BATH IN THE FOURTH UNIT. SCHOOLS AND SHOPPING ARE CLOSE BY.. OWNER PAYS FOR WATER AND TRASH.
TO VIEW ***DRIVE BY ONLY *** PLEASE DO NOT DISTURB TENANTS. VIEWING WILL OCCUR AFTER ACCEPTED CONTRACT.
BUYER AND BUYER'S AGENT TO VERIFY ALL FACTS, FIGURES AND MEASUREMENTS.
ALL UNITS ARE RENTED

Last Agent to Sell the Property

Robert Russo

United Real Estate-Alliance License #BR536241000 Listed on: 02/03/2021

United Real Estate-Alliance

Co-Listed By

Jonathan Russo

United Real Estate-Alliance License #SA673993000

Last Buyer's Agent

Christine Gioia

Compass License #SA652188000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $731

Year Built

  • Built in 1985

Lot Details

  • 9,496

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Schools

  • Taft Elementary School
  • Smith Junior High School
  • Sky View Elementary High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter
  • Septic Tank

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 6
  • Assessor Parcel Number 220-25-013

Community Details

Overview

  • 4 Units
  • Building Dimensions are 135.50 LONG X 70.26 WIDE
  • Saguaro East Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $10,864
  • Gross Income $36,600
  • Net Operating Income $25,736

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$731

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: NORTH 93RD STREET AND EAST UNIVERSUTY DRIVE
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: (M-H) MULTI-FAM
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2020
  • Directions: ON EAST UNIVERSITY DRIVE TO SOUTH ON NORTH 93RD STREET TO THE PROPERTY ON WEST SIDE OF STREET
  • Road Surface Type: Gravel, Asphalt
  • Professional Management Expense: 2304.0
  • Co List Office Mls Id: impl01
  • Co List Office Phone: 480-987-3200
  • Subdivision Name: SAGUARO EAST
  • 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, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Heat Pump, Electric
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Trash Expense: 1069.0
  • Annual Water Sewer Expense: 960.0

Schools

  • Elementary School: Taft Elementary School
  • High School: Sky View Elementary School
  • Middle Or Junior School: Smith Junior High School

Lot Info

  • Lot Size: 135.50 LONG X 70.26 WIDE
  • Additional Parcels: No
  • Parcel #: 220-25-013

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 36600.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 3500.0
  • Property Net Operating Income: 25736.0
  • Annual Operating Expense: 10864.0

Tax Info

  • Tax Annual Amount: 731.0
  • Tax Book Number: 220.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 16, 2021
Sold by
Engbrecht Donald L
Bought by
Scardina Peter N
Seller's Agent
Robert Russo
United Real Estate-Alliance
Buyer's Agent
Christine Gioia
Compass
List Price
$449,000
Sold Price
$435,000
Premium/Discount to List
-$14,000
-3.12%
Current Estimated Value
$574,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,235
Avg. Annual Appreciation
6.52%
Original Mortgage
$425,594
Outstanding Balance
$385,825
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$189,194

Purchase Details

Closed on
Nov 14, 2013
Sold by
Engbrecht Jacquelin
Bought by
Engbrecht Donald L

Purchase Details

Closed on
Apr 4, 2013
Sold by
Engbrecht Jacqueline
Bought by
Engbrecht Donald L

Purchase Details

Closed on
Jun 23, 2011
Sold by
Engbrecht Jacqueline
Bought by
Engbrecht Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2011
Sold by
Ellefson Peter
Bought by
Engbrecht Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Ellefson Ana
Bought by
Ellefson Peter

Purchase Details

Closed on
Aug 21, 2008
Sold by
Valenzuela Jose M
Bought by
American Home Mortgage Servicing Inc

Purchase Details

Closed on
Mar 20, 2006
Sold by
Valenzuela Jose M
Bought by
Guillen Larry and Guillen Rosalia S

Purchase Details

Closed on
Mar 6, 2006
Sold by
Valenzuela Jose M
Bought by
Guillen Larry and Guillen Rosalia

Purchase Details

Closed on
Nov 23, 2005
Sold by
The Mrl Mortgage Lp
Bought by
Valenzuela Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,415
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 15, 2005
Sold by
Delcarmen Maria
Bought by
Valenzuela Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,415
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 1, 2005
Sold by
Keir Louise R
Bought by
The Mrl Mortgage Lp

Purchase Details

Closed on
Jun 2, 1999
Sold by
Robertson Karen
Bought by
Keir Louise and The Karen Robertson Trust
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
Scardina Peter N $435,000 Chicago Title Agency
Engbrecht Donald L -- None Available
Engbrecht Donald L -- None Available
Engbrecht Donald L -- First American Title Ins Co
Engbrecht Donald L $84,000 First American Title Ins Co
Ellefson Peter -- First American Title Ins Co
Ellefson Peter $70,000 First American Title Ins Co
American Home Mortgage Servicing Inc $242,250 Accommodation
Guillen Larry -- None Available
Guillen Larry $300,000 None Available
Valenzuela Jose M $300,000 Capital Title Agency Inc
Valenzuela Jose M -- Capital Title Agency Inc
The Mrl Mortgage Lp $150,000 Capital Title Agency Inc
Keir Louise $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scardina Peter N $425,594
Previous Owner Engbrecht Donald L $58,800
Previous Owner Engbrecht Donald L $58,800
Previous Owner Valenzuela Jose M $44,415
Previous Owner Valenzuela Jose M $236,880
Previous Owner Valenzuela Jose M $236,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $435,000 -3.1% $170 / Sq Ft
03/05/2021 03/05/21 Price Changed $449,000 0.0% $175 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/08/2021 02/08/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $449,000 -- $175 / 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 $809 $8,989 -- --
2024 $752 $8,561 -- --
2023 $752 $36,320 $7,260 $29,060
2022 $734 $26,380 $5,270 $21,110
2021 $736 $22,760 $4,550 $18,210
2020 $731 $19,260 $3,850 $15,410
2019 $674 $18,910 $3,780 $15,130
2018 $656 $15,780 $3,150 $12,630
2017 $632 $13,500 $2,700 $10,800
2016 $619 $12,660 $2,530 $10,130
2015 $579 $12,850 $2,570 $10,280
Source: Public Records

Agents Affiliated with this Home

  • Robert Russo

    Seller's Agent in 2021

    Robert Russo

    United Real Estate-Alliance

    (623) 340-5493

    1 in this area

    36 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jonathan Russo

    United Real Estate-Alliance

    (480) 987-3200

    1 in this area

    23 Total Sales

    Section Image
  • Christine Gioia

    Buyer's Agent in 2021

    Christine Gioia

    Compass

    (480) 234-2961

    2 in this area

    94 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6188967

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-25-013

Arizona Maricopa County Mesa 85207 University Manor

317 N 93rd St, Mesa, AZ

This home is located at 317 N 93rd St, Mesa, AZ 85207 since 03 February 2021 and is currently estimated at $580,717, approximately $226 per square foot. This property was built in 1985. 317 N 93rd St is a home located in Maricopa County with nearby schools including Taft 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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