NOT LISTED FOR SALE

Estimated Value: $663,000 - $918,616

-- Bed
4 Baths
925 Sq Ft
$909/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $909,000 $983 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,648/month

13 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan
  • 3-minute walk to Stapley Park

About This Home

As of September 2022

4PLEX for sale near downtown Mesa! Exterior paint is brand new! 3 of the 4 units have been recently upgraded on the interior. Owner pays water (on one meter)/sewer/trash. Tenants pay electric, cable, internet etc. Electric is on 4 separate meters. Property has a beautiful community yard with lush green foliage. In the Temple Historic district, a short walk to the light rail, you can't ask for a better spot! Bottom two units are well insulated half sunk basement which helps stays cool all year round! Appliances included. 1 covered and 1 uncovered parking space provided, other street parking available. Vinyl windows - 2019, all 4 HVAC - 2019, new roof - 2019, and muchmore!

Last Agent to Sell the Property

James Sanson

Dorrmat Brokerage Email: info@DORRMAT.com License #SA535310000 Listed on: 08/17/2022

Last Buyer's Agent

Donna Walkosz

eXp Realty License #SA635375000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1977

Lot Details

  • 7,013

Home Design

  • Composition Roof
  • Siding

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • On-Street Parking
  • Assigned Parking

Schools

  • Lowell Elementary School
  • Kino Junior High School
  • Mesa High School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Block 90
  • Assessor Parcel Number 138-30-065-J

Community Details

Overview

  • 4 Units
  • Building Dimensions are 60'x107'
  • Mesa Arizona Subdivision

Building Details

  • Operating Expense $6,350
  • Gross Income $70,680
  • Net Operating Income $66,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,150

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Cross Street: Broadway & Mesa Dr
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1977
  • Tax Year: 2021
  • Directions: East on Broadway to Pioneer. North to property.
  • Attribution Contact: info@DORRMAT.com
  • Road Surface Type: Asphalt
  • Subdivision Name: MESA ARIZONA
  • Tax Parcel Letter: J
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Siding, Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, >1 Space Per Unit, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, Irrigation
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

  • Elementary School: Lowell Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 60'x107'
  • Additional Parcels: No
  • Parcel #: 138-30-065-J

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 70680.0
  • Property Net Operating Income: 66465.0
  • Annual Operating Expense: 6350.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2150.0
  • Tax Block: 90
  • Tax Book Number: 138.00
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2023
Sold by
Chun Family Living Trust
Bought by
319 S Pioneer Trust
Current Estimated Value
$816,148

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 16, 2022
Sold by
Remcoxinez Family Trust
Bought by
Chun Family Living Trust
Seller's Agent
James Sanson
Dorrmat
Buyer's Agent
Donna Walkosz
eXp Realty
List Price
$925,000
Sold Price
$909,000
Premium/Discount to List
-$16,000
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.42%
Original Mortgage
$681,750
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2022
Sold by
Remington Nathan J and Remington Natalie A
Bought by
Remcoxinez Family Trust

Purchase Details

Closed on
Dec 17, 2021
Sold by
Remington Nathan J and Wilcoxen Natalie A
Bought by
Remington Nathan J and Wilcoxen Natalie

Purchase Details

Listed on
Nov 15, 2018
Closed on
Jan 16, 2019
Sold by
Crandell James M
Bought by
Remington Nathan J and Wilcoxen Natalie A
Seller's Agent
Leslie Crandell
Call Realty, Inc.
Buyer's Agent
Nathan Remington
Real Broker
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.63%
Original Mortgage
$328,932
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 1998
Sold by
Maccabe Joyce K and Card Wynnette K
Bought by
Turley Todd

Purchase Details

Closed on
Dec 4, 1997
Sold by
Maccabe Joyce K and Card Wynnette K
Bought by
Bellerose John A and Bellerose Carol C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
7.23%
Source: Public Records

Range of Values:

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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
319 S Pioneer Trust -- None Listed On Document
Chun Family Living Trust $909,000 First Arizona Title
Remcoxinez Family Trust -- None Listed On Document
Remington Nathan J -- None Available
Remington Nathan J $335,000 Fidelity National Title Agen
Turley Todd $128,000 Ati Title Agency
Bellerose John A -- Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chun Family Living Trust $681,750
Previous Owner Remington Nathan J $365,000
Previous Owner Remington Nathan J $328,661
Previous Owner Remington Nathan J $329,471
Previous Owner Remington Nathan J $328,932
Previous Owner Bellerose John A $93,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $909,000 -1.7% $983 / Sq Ft
08/17/2022 08/17/22 For Sale $925,000 +176.1% $1,000 / Sq Ft
01/17/2019 01/17/19 Sold $335,000 0.0% $362 / Sq Ft
01/11/2019 01/11/19 For Sale $335,000 0.0% $362 / Sq Ft
12/21/2018 12/21/18 For Sale $335,000 0.0% $362 / Sq Ft
12/21/2018 12/21/18 Price Changed $335,000 0.0% $362 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
11/21/2018 11/21/18 Pending -- -- --
11/18/2018 11/18/18 Price Changed $335,000 -2.9% $362 / Sq Ft
11/15/2018 11/15/18 For Sale $345,000 +87.5% $373 / Sq Ft
03/26/2015 03/26/15 Sold $184,000 0.0% $199 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $184,000 -- $199 / 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 $2,151 $21,915 -- --
2024 $2,169 $20,872 -- --
2023 $2,169 $52,460 $10,490 $41,970
2022 $2,124 $38,460 $7,690 $30,770
2021 $2,150 $30,070 $6,010 $24,060
2020 $2,122 $24,530 $4,900 $19,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6451621

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-30-065J