Lee Fisher
L.A. Fisher Real Estate Investment Company
(855) 945-4243
46 Total Sales
1 in Citrus
$2,200,000 Price
4004 E Mckellips Rd Mesa, AZ 85215
Citrus NeighborhoodEstimated Value: $367,000 - $1,551,000
Studio
13
Baths
6,757
Sq Ft
$148/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Community Barbecue Grill
- Heating Available
- Ishikawa Elementary School Rated A-
- Evaporated cooling system
About This Home
As of September 2020Incredible opportunity to purchase an historic homestead that has been converted into cash flowing apartments. Nestled into its own beautiful park like setting are 13 units in six buildings. This property has a mix of studio, one, and two bedroom units. Situated near Falcon Field and adjacent to the exclusive Valencia Estates sub-division and working orange groves, this property offers the savvy investor an apartment rental property with no other apartments close by. The incomparable setting of huge mature trees (including citrus,fig and pecan) shades the property and keeps it cool and inviting. Close to shopping, Loop 202, US 60, jobs and great Mesa schools;this property is attractive to prospective tenants. Additional income from on-site laundry.. Nearly 1/2 of units have been remodeled
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #BR573483000 Listed on: 09/22/2020
Last Buyer's Agent
Craig Langley
Valley Executives Real Estate License #BR529397000
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,579
Year Built
- Built in 1926
Lot Details
- Additional Parcels
Home Design
- Wood Frame Construction
- Composition Roof
- Built-Up Roof
- Block Exterior
- Siding
- Stucco
- Adobe
Flooring
- Wood
- Carpet
- Ceramic Tile
Parking
- 17 Open Parking Spaces
- 17 Parking Spaces
- Free Parking
- Paved Parking
Utilities
- Evaporated cooling system
- Cooling System Mounted To A Wall/Window
- Heating Available
- Master Meter
- Septic Tank
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, landscaping
- Assessor Parcel Number 141-28-020
Community Details
Overview
- 6 Buildings
- 13 Units
- Building Dimensions are IRR
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $37,403
- Gross Income $258,584
- Net Operating Income $90,666
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
May 22, 2012
Closed on
Sep 12, 2012
Sold by
Lionheart Llc
Bought by
Seller's Agent
Scott Bartlowe
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Charles Duck
Blackwing Real Estate
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,413
Avg. Annual Appreciation
4.04%
Purchase Details
Closed on
Dec 12, 1997
Sold by
Hughes Michael T and Hughes Mary Margaret
Bought by
Lionheart Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Citrus, AZ
-
Lee Fisher
-
Jeff Huff
Jeff Huff
Berkshire Hathaway HomeServices Arizona Properties
(833) 711-0973
151 Total Sales
1 in Citrus
$1,650,000 Price
-
Irma Rascon
Irma Rascon
HomeSmart
(888) 487-2412
68 Total Sales
1 in Citrus
$875,000 Price
-
Cynthia Watts
Cynthia Watts
KOR Properties
(844) 723-1352
26 Total Sales
1 in Citrus
$1,120,000 Price
-
Craig Roetman
Craig Roetman
eXp Realty
(480) 787-0500
19 Total Sales
1 in Citrus
$2,500,000 Price
-
Joshua Davenport
Joshua Davenport
Responds QuicklyVeracity Home Group
(480) 372-8573
50 Total Sales
1 in Citrus
$400,000 Price
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 |
|---|---|---|---|
| $575,000 | American Title Service Agenc | ||
| Lionheart Llc | $210,000 | Security Title Agency |
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 |
|---|---|---|---|---|---|
| 09/22/2020 09/22/20 | Sold | $1,300,000 | -6.8% | $192 / Sq Ft | |
| 09/22/2020 09/22/20 | Pending | -- | -- | -- | |
| 09/22/2020 09/22/20 | For Sale | $1,395,000 | +142.6% | $206 / Sq Ft | |
| 09/13/2012 09/13/12 | Sold | $575,000 | -4.2% | $85 / Sq Ft | View Prior Sale |
| 07/26/2012 07/26/12 | Pending | -- | -- | -- | |
| 05/22/2012 05/22/12 | For Sale | $600,000 | -- | $89 / 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 | $2,327 | $21,089 | ||
| 2024 | $2,333 | $20,084 | ||
| 2023 | $2,333 | $86,920 | $17,380 | $69,540 |
| 2022 | $2,290 | $60,410 | $12,080 | $48,330 |
| 2021 | $2,274 | $50,220 | $10,040 | $40,180 |
| 2020 | $2,239 | $44,070 | $8,810 | $35,260 |
| 2019 | $2,105 | $38,570 | $7,710 | $30,860 |
| 2018 | $2,010 | $31,570 | $6,310 | $25,260 |
| 2017 | $1,956 | $26,570 | $5,310 | $21,260 |
| 2016 | $1,909 | $24,680 | $4,930 | $19,750 |
| 2015 | $1,789 | $21,680 | $4,330 | $17,350 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Bartlowe
Seller's Agent in 2020
Scott Bartlowe
Better Homes & Gardens Real Estate SJ Fowler
(480) 649-3536
28 Total Sales
-
CL
Buyer's Agent in 2020
Craig Langley
Valley Executives Real Estate
-
CD
Buyer's Agent in 2012
Charles Duck
Blackwing Real Estate
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6135727
APN: 141-28-020
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.
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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