NOT LISTED FOR SALE

Estimated Value: $605,782 - $754,000

Studio
-- Bath
2,918 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2020

Last sale price $460,000 $158 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,651 / mo

14 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of November 2020

GREAT FOURPLEX INVESTMENT OPPORTUNITY! ALL UNITS CONSIST OF 2 BEDROOMS AND 1 BATHROOM. STACKABLE LAUNDRY OPTIONS IN EACH BATHROOM! SPACIOUS UNITS WITH THE UPSTAIRS UNITS HAVING LARGE COVERED PATIOS WITH VAULTED CEILINGS INSIDE. BRAND NEW ROOF INSTALLED WITHIN THE LAST YEAR THAT COMES WITH A 5-YEAR WARRANTY! GREAT INCOME PRODUCING THAT HAS GREAT UPSIDE ON RENTS WITH ALL UNITS BECOMING MONTH TO MONTH AT THE END OF THIS MONTH. ACROSS THE STREET, THE UNITS JUST LEASED FOR NEARLY $1,100!

Last Agent to Sell the Property

Daniel Shreeve

Arizona Platinum Properties LLC License #BR572199000 Listed on: 10/16/2020

Last Buyer's Agent

James Roberts

My Home Group Real Estate License #SA639379000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1985

Lot Details

  • 10,498

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Lincoln Elementary School
  • Kino Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 5
  • Assessor Parcel Number 139-36-101

Community Details

Overview

  • 4 Units
  • Building Dimensions are UNKNOWN
  • East Almond Place Subdivision

Building Details

  • Operating Expense $1,370
  • Gross Income $149,760
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,370

Year Built

Built in 1985

Lot Details

10,498 Sq Ft Lot

Listing Details

  • Cross Street: MESA DR. & BROADWAY
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: EAST ALMOND PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • 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:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Mesa High School
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: UNKNOWN
  • Additional Parcels: No
  • Parcel #: 139-36-101

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 149760.0
  • Property Net Operating Income: 31000.0
  • Annual Operating Expense: 1370.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 1370.0
  • Tax Book Number: 139.00
  • Tax Lot: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 16, 2020
Sold by
Bought by
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
James Roberts
My Home Group Real Estate
List Price
$445,000
Sold Price
$460,000
Premium/Discount to List
$15,000
3.37%
Current Estimated Value
$650,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,696
Avg. Annual Appreciation
6.31%
Original Mortgage
$337,500
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2012
Closed on
May 15, 2012
Sold by
Bought by
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
Chad Cluff
Cluff Real Estate LLC
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%
Original Mortgage
$94,500
Interest Rate
0.0398%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 2009
Sold by
Bought by

Purchase Details

Closed on
May 30, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
0.0812%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 3, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,250
Interest Rate
0.055%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2002
Sold by
Bought by

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
0.066%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 1999
Sold by
Bought by

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
0.0696%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$460,000 Empire West Title
$135,000 First Arizona Title Agency
-- None Available
$85,000 Lawyers Title Of Arizona Inc
-- Alliance Title Company
$305,000 Fidelity National Title
-- Fidelity National Title
$225,000 Chicago Title Insurance Co
-- Chicago Title Insurance Co
$210,000 North American Title Co
$162,000 Grand Canyon Title Agency In
-- Transnation Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $254,212
Closed $337,500
Previous Owner $94,500
Previous Owner $280,000
Previous Owner $198,250
Previous Owner $168,000
Previous Owner $145,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $460,000 +3.4% $158 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $445,000 0.0% $153 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $445,000 +206.9% $153 / Sq Ft
05/30/2012 05/30/12 Sold $145,000 0.0% $199 / Sq Ft View Prior Sale
04/05/2012 04/05/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $145,000 -- $199 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,396 $14,148
2024 $1,400 $13,474
2023 $1,400 $51,220 $10,240 $40,980
2022 $1,371 $36,080 $7,210 $28,870
2021 $1,388 $28,970 $5,790 $23,180
2020 $1,370 $26,010 $5,200 $20,810
2019 $1,280 $20,350 $4,070 $16,280
2018 $1,228 $18,600 $3,720 $14,880
2017 $1,192 $16,770 $3,350 $13,420
2016 $1,170 $16,160 $3,230 $12,930
2015 $1,099 $13,850 $2,770 $11,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6147887

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-36-101

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