$88,500
SOLD APR 25, 2014
-- Bed
-- Bath
1,132 Sq Ft
7,362 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

11% Below List Price

186 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • 1-minute walk to Stapley Park
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of May 2021

$10,000 PRICE REDUCTION!!JUST WHAT YOUR INVESTORS ARE LOOKING FOR--EASY TO RENT DUPLEX, WITH CURRENT LONG-TERM TENANT THAT HAS BEEN IN PLACE FOR 7 YEARS!! NEWER, HIGH EFFICIENCY A/C UNITS WERE INSTALLED WITHIN PAST 5 YEARS. BOTH UNITS INCLUDE KITCHEN REFRIGERATORS, AND BOTH ARE 1BR/1BATH. INSIDE LAUNDRY ROOMS. SECURITY SCREEN DOORS. PROPERTY IS ALL ELECTRIC. IRRIGATED LOT(OWNER PAYS $75/YEAR). EACH UNIT RENTS FOR $475/MONTH OCT THRU APRIL. PLEASE DO NOT DISTURB TENANTS, THANK-YOU!

Last Agent to Sell the Property

Robert J Royer

Smith Realty License #SA022386000

Last Buyer's Agent

Chad Cluff

Cluff Real Estate LLC License #BR567582000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $432

Year Built

  • Built in 1955

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 138-30-037

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7350SQFT

Building Details

  • Operating Expense $807
  • Gross Income $10,800
  • Net Operating Income $10,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$432

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: BROADWAY & MESA DR.,
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1955
  • Tax Year: 2012
  • Directions: EAST ON BROADWAY TO LESUEUR, NORTH ON LESUEUR TO PROPERTY ON EAST SIDE OF STREET.
  • Road Surface Type: Asphalt
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • 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:_one_ SpaceUnit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Irrigation
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 75.0

Schools

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

Lot Info

  • Lot Size: 7350SQFT
  • Additional Parcels: No
  • Parcel #: 138-30-037

Multi Family

  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 10800.0
  • Property Net Operating Income: 10425.0
  • Annual Operating Expense: 807.0

Tax Info

  • Tax Annual Amount: 432.0
  • Tax Book Number: 138.00
  • Tax Lot: 3

Map

Range of Values:

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Average Value
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Sold Price
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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
05/20/2021 05/20/21 Sold $295,000 0.0% $261 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $295,000 +41.6% $261 / Sq Ft
02/12/2020 02/12/20 Sold $208,400 -9.0% $184 / Sq Ft
02/08/2020 02/08/20 Price Changed $229,000 0.0% $202 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/17/2020 01/17/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $229,000 +158.8% $202 / Sq Ft
04/25/2014 04/25/14 Sold $88,500 -10.6% $78 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
09/21/2013 09/21/13 For Sale $99,000 -- $87 / Sq Ft
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 $656 $6,687 -- --
2024 $662 $6,369 -- --
2023 $662 $22,710 $4,540 $18,170
2022 $648 $17,410 $3,480 $13,930
2021 $656 $14,760 $2,950 $11,810
2020 $648 $13,110 $2,620 $10,490
2019 $605 $10,860 $2,170 $8,690
2018 $581 $8,850 $1,770 $7,080
2017 $563 $8,050 $1,610 $6,440
2016 $553 $7,370 $1,470 $5,900
2015 $520 $6,420 $1,280 $5,140
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $221,000 New Conventional
Previous Owner $180,000 Commercial
Previous Owner $90,000 Future Advance Clause Open End Mortgage
Previous Owner $73,700 Unknown
Previous Owner $75,650 Seller Take Back
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $295,000 First Arizona Title Agency
Warranty Deed $210,000 First Arizona Title Agency
Cash Sale Deed $88,500 First Arizona Title Agency
Warranty Deed $84,100 Transnation Title Insurance
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5002818

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-30-037