NOT LISTED FOR SALE

Estimated Value: $332,026 - $620,000

-- Bed
-- Bath
2,616 Sq Ft
$192/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $155,000 $59 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $2,870/month

55 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of November 2015

Great investment property. Low-maintenance tri-plex in Mesa with a new roof in 2015. Fully rented with tenants that have been in place for years. 3 units: 2BR/1BA, 2BR/2BA, 2BR/1BA. Drive-by only. Do not disturb tenants.

Last Listed By

Kristina Read

Coldwell Banker Realty License #SA579464000 Listed on: 08/24/2015

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 1979

Lot Details

  • 8,451

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Schools

  • Longfellow Elementary School
  • Poston Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Community Details

  • 3 Units
  • Building Dimensions are 8435
  • Hibbert Allen Acres Lots 8 20 Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 16
  • Assessor Parcel Number 138-14-021-K

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$921

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: Broadway & Stapley
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2014
  • Directions: North on Stapley to Dana, East to Doran, South to end of cul-de-sac. Property on SW corner of cul-de-dac.
  • Road Surface Type: Asphalt
  • Subdivision Name: HIBBERT-ALLEN ACRES LOTS 8-20
  • Tax Parcel Letter: K
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Longfellow Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Poston Junior High School

Lot Info

  • Lot Size: 8435
  • Additional Parcels: No
  • Parcel #: 138-14-021-K

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 921.0
  • Tax Book Number: 138.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2016
Sold by
Mall Kaushal
Bought by
320 S Doran Llc
Total Days on Market
55
Current Estimated Value
$501,257

Purchase Details

Listed on
Aug 24, 2015
Closed on
Nov 3, 2015
Sold by
Hanway Kurt Ryan and Hanway Leslie
Bought by
Mall Kaushal
Seller's Agent
Kristina Read
Coldwell Banker Realty
Buyer's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.11%
Original Mortgage
$107,100
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2013
Closed on
May 8, 2013
Sold by
Hanway Kurt Ryan and Hanway Darren Michael
Bought by
Hanway Kurt Ryan and Hanway Leslie
Seller's Agent
John Aguero
American Freedom Realty
Buyer's Agent
Kristina Read
Coldwell Banker Realty
List Price
$124,900
Sold Price
$110,000
Premium/Discount to List
-$14,900
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%

Purchase Details

Listed on
Jan 30, 2013
Closed on
May 1, 2013
Sold by
Nguyen Ky and Hoang Minh Duc
Bought by
Hanway Kurt Ryan and Michael Darren
Seller's Agent
John Aguero
American Freedom Realty
Buyer's Agent
Kristina Read
Coldwell Banker Realty
List Price
$124,900
Sold Price
$110,000
Premium/Discount to List
-$14,900
-11.93%

Purchase Details

Closed on
Apr 16, 2002
Sold by
Mcferrin William A
Bought by
Nguyen Ky and Hoang Duc Minh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.13%
Mortgage Type
New Conventional

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
320 S Doran Llc -- None Available
Mall Kaushal $153,000 Equity Title Agency Inc
Hanway Kurt Ryan -- Accommodation
Hanway Kurt Ryan $110,000 Old Republic Title Agency
Nguyen Ky $90,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mall Kaushal $107,100
Previous Owner Nguyen Ky $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2015 11/25/15 Sold $155,000 -3.1% $59 / Sq Ft
10/18/2015 10/18/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $160,000 +45.5% $61 / Sq Ft
05/13/2013 05/13/13 Sold $110,000 -11.9% $42 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
01/30/2013 01/30/13 For Sale $124,900 -- $48 / 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 $1,092 $11,122 -- --
2024 $1,101 $10,592 -- --
2023 $1,101 $38,970 $7,790 $31,180
2022 $1,078 $27,900 $5,580 $22,320
2021 $1,091 $22,830 $4,560 $18,270
2020 $1,077 $20,670 $4,130 $16,540
2019 $1,006 $16,620 $3,320 $13,300
2018 $966 $15,160 $3,030 $12,130
2017 $937 $14,510 $2,900 $11,610
2016 $919 $13,780 $2,750 $11,030
2015 $864 $11,600 $2,320 $9,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5325795

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-14-021K