NOT LISTED FOR SALE
-- Bed
-- Bath
1,585 Sq Ft
0.43 Acres

Last Sold December 08, 2016

Last sale price $475,000 $300 Per Sq Ft

56 Days on Market

Highlights

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

About This Home

As of December 2016

Very nice 6-Plex (3 Buildings) with 2 units for each building). There are 2 One bedroom units and there are 4 two bedroom units. 100% Occupied. Electric is separately metered. Owner pays water. There is no deferred maintenance. Property owners do their own maintenance. Please do not disturb tenants. 2 of the leases are month to month.

Last Listed By

Laura Good

Better Homes & Gardens Real Estate SJ Fowler License #SA639563000 Listed on: 09/14/2016

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,403

Year Built

  • Built in 1955

Lot Details

  • 0.43

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water, sewer
  • Assessor Parcel Number 138-29-058

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are 18731 SF

Recreation

  • Community Playground

Building Details

  • Operating Expense $7,373
  • Gross Income $41,724
  • Net Operating Income $36,547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,403

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: MAIN & MESA
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 3
  • Year Built: 1955
  • Tax Year: 2015
  • Directions: US-60 East to Country Club, Take a left (go north) on Country Club, When you get to Broadway take a right (Go east), At Hobson you will take a left (North) and 325 S. Hobson will be on the right.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: 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:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Water Sewer Expense: 3670.0

Schools

  • Elementary School: Lowell Elementary School - Mesa
  • High School: Mesa High School
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 18731 SF
  • Additional Parcels: No
  • Parcel #: 138-29-058

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 6
  • Annual Gross Income: 41724.0
  • Insurance Expense: 2300.0
  • Property Net Operating Income: 36547.0
  • Annual Operating Expense: 7373.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1403.0
  • Tax Book Number: 138.00
  • Tax Lot: 00

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
12/08/2016 12/08/16 Sold $475,000 -9.5% $300 / Sq Ft
12/02/2016 12/02/16 For Sale $525,000 0.0% $331 / Sq Ft
12/02/2016 12/02/16 Price Changed $525,000 0.0% $331 / Sq Ft
09/13/2016 09/13/16 For Sale $525,000 -- $331 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5496940

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-29-058