$355,000
SOLD AUG 23, 2024
-- Bed
-- Bath
750 Sq Ft
7,710 Sq Ft Lot

Recently Sold

$473 Per Sq Ft

5% Below List Price

3 Days on Market

Highlights

  • Heated Spa
  • Clubhouse
  • 4 Car Attached Garage
  • Franklin at Brimhall Elementary School Rated A
  • Sport Court
  • Ceramic Tile Flooring

About This Home

As of August 2024

DUPLEX in DREAMLAND VILLA! 55+ Community. Each unit is approximately 800 sq ft. 2 bedrooms 1 bathroom each. They each have separate laundry rooms with w/d hook ups. They each have 1 covered parking space and an uncovered space. Both apartments are all tile and neutral paint. Live in one and rent the other- Or rent them both out! So many options!

Dreamland Villa is NOT an HOA- Its a club that you have the option of joining annually to use their amenities.

Last Agent to Sell the Property

Linda Matejko

Arizona Elite Properties License #BR640814000

Arizona Elite Properties

Last Buyer's Agent

Robert Urrutia

Re/Max Vision Realty License #BR680676000

Re/Max Vision Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1961

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Car Attached Garage
  • Common or Shared Parking

Pool

  • Heated Spa

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Central Heating and Cooling System
  • Master Water Meter
  • Septic Tank

Listing and Financial Details

  • Tenant pays for trash collection, electricity, sewer, cable TV, landscaping
  • The owner pays for water
  • Tax Lot 295
  • Assessor Parcel Number 141-75-063

Community Details

Overview

  • 2 Units
  • Building Dimensions are 30'20''x 86'x61'43''x54'27''
  • Dreamland Villa 4 Subdivision

Amenities

  • Clubhouse

Recreation

  • Sport Court
  • Heated Community Pool

Building Details

  • Operating Expense $5,848
  • Gross Income $27,600
  • Net Operating Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,040

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: University & Higley
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2023
  • Directions: East on University, South on 54th St. Property on the West side of 54th St.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2208.0
  • Subdivision Name: DREAMLAND VILLA 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • 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 - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attached, 1 Space/Unit, <1 Space Per Unit, Common
  • Attached Garage: Yes
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Attached: Yes
  • Parking:_one_ SpaceUnit: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Sport Court, Clubhouse, Heated Spa(s), Heated Pool(s)

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Sport Court: Yes
  • Community Amenities:Clubhouse: Yes
  • Community Amenities:Heated Spa(s): Yes
  • Community Amenities:Heated Pool(s): Yes

Fee Information

  • Annual Water Sewer Expense: 600.0

Schools

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

Lot Info

  • Lot Size: 30'20''x 86'x61'43''x54'27''
  • Additional Parcels: No
  • Parcel #: 141-75-063

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Trash Collection, Electricity, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 27600.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 23400.0
  • Annual Operating Expense: 5848.0

Tax Info

  • Tax Annual Amount: 1040.0
  • Tax Book Number: 141.00
  • Tax Lot: 295

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $355,000 -5.3% $473 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $375,000 0.0% $500 / Sq Ft
09/01/2023 09/01/23 Rented $1,200 0.0% --
08/10/2023 08/10/23 Under Contract -- -- --
07/20/2023 07/20/23 For Rent $1,200 +23.1% --
06/18/2020 06/18/20 Rented $975 0.0% --
06/09/2020 06/09/20 Under Contract -- -- --
04/22/2020 04/22/20 Price Changed $975 -2.5% $1 / Sq Ft
04/13/2020 04/13/20 For Rent $1,000 +8.1% --
10/24/2019 10/24/19 Rented $925 0.0% --
09/19/2019 09/19/19 Price Changed $925 -2.6% $1 / Sq Ft
09/07/2019 09/07/19 For Rent $950 +59.7% --
11/01/2014 11/01/14 Rented $595 0.0% --
10/13/2014 10/13/14 Under Contract -- -- --
08/06/2014 08/06/14 For Rent $595 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,038 $10,942 -- --
2024 $1,040 $10,421 -- --
2023 $1,040 $26,650 $5,330 $21,320
2022 $1,018 $19,980 $3,990 $15,990
2021 $1,015 $18,070 $3,610 $14,460
2020 $1,006 $16,560 $3,310 $13,250
2019 $940 $13,120 $2,620 $10,500
2018 $911 $12,150 $2,430 $9,720
2017 $887 $11,520 $2,300 $9,220
2016 $875 $12,450 $2,490 $9,960
2015 $809 $11,960 $2,390 $9,570
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,500 Fannie Mae Freddie Mac
Previous Owner $142,500 Fannie Mae Freddie Mac
Previous Owner $105,300 New Conventional
Previous Owner $35,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $355,000 Pioneer Title
Special Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Cash Sale Deed $89,250 Great American Title Agency
Trustee Deed $151,087 Great American Title
Quit Claim Deed -- None Available
Warranty Deed $190,000 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Warranty Deed $117,000 Transnation Title Ins Co
Cash Sale Deed $102,500 Transnation Title Insurance
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6737937

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-75-063