NOT LISTED FOR SALE

326 S Doran Mesa, AZ 85204

Reed Park Neighborhood

Estimated Value: $720,000 - $859,000

9 Beds
4 Baths
855 Sq Ft
$901/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2022

Last sale price $800,000 $936 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,934 / mo

6 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of June 2022

326 South Doran is a 4-unit property built in 1979 and
constructed with wood frame and pitched asphalt roofing. The units are individually metered for electricity and hot water. Tenants
enjoy in-suite washer / dryer, private backyards, and at-unit
parking. All areas of the Phoenix Valley are accessible from 326
South Doran by way of the Red Mountain Freeway (Loop 202),
Superstition Freeway (US 60), and Price Freeway (Loop 101).
326 South Doran is located in a high rent growth area.
According to the Zumper National Rent Report, Mesa
experienced a 21% Rent Growth in 2021. Residents enjoy close
proximity to Downtown Mesa and a Metro Light Rail station.

Last Agent to Sell the Property

Royce Munroe

Munroe Multifamily License #BR512795000 Listed on: 05/05/2022

Munroe Multifamily

Last Buyer's Agent

Melissa Pimentel

Call Realty, Inc. License #SA665985000

Call Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1979

Lot Details

  • 0.28

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 12 Open Parking Spaces
  • 13 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking

Utilities

  • Cooling Available

Listing and Financial Details

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

Community Details

Overview

  • 4 Units
  • Building Dimensions are unknown

Building Details

  • Operating Expense $1,397
  • Gross Income $69,888
  • Net Operating Income $52,265

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,397

Year Built

Built in 1979

Lot Details

0.28 Acres

Listing Details

  • Cross Street: Broadway & Stapley
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Year Built: 1979
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: L
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 13.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 13.0
  • Parking:Carport: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: See Remarks
  • Cooling Y N: Yes
  • Water Source: City Franchise
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 138-14-021-L

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: See Remarks
  • Number Of Units Total: 4
  • Annual Gross Income: 69888.0
  • Property Net Operating Income: 52265.0
  • Annual Operating Expense: 1397.0
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 1397.0
  • Tax Book Number: 138.00
  • Tax Lot: 16
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
06/27/2022 06/27/22 Sold $800,000 -5.9% $936 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $850,000 +220.8% $994 / Sq Ft
11/03/2017 11/03/17 Sold $265,000 -3.6% $310 / Sq Ft View Prior Sale
10/03/2017 10/03/17 For Sale $275,000 -- $322 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Royce Munroe

    Munroe Multifamily

    (480) 221-5449

    2 in this area

    38 Total Sales

    Royce Munroe
    Section Image

  • M

    Buyer's Agent in 2022

    Melissa Pimentel

    Call Realty, Inc.

    (480) 988-7100

    6 in this area

    40 Total Sales

    Melissa Pimentel
    Section Image
  • Sophia Baron

    Seller's Agent in 2017

    Sophia Baron

    Real Broker

    (480) 375-0227

    24 Total Sales

    Sophia Baron
    Section Image

  • J

    Buyer's Agent in 2017

    Jennifer Utter

    HomeSmart

    (480) 710-8486

    2 in this area

    6 Total Sales

    Jennifer Utter
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6394426

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-14-021L

Arizona Maricopa County Mesa 85204 Reed Park

326 S Doran, Mesa, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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