Seller's Agent in 2021
Craig Young
Real Broker
(480) 773-2183
1 in this area
145 Total Sales
408 N Williams Mesa, AZ 85203
Mesa Patios NeighborhoodEstimated Value: $720,992 - $791,000
Studio
4
Baths
950
Sq Ft
$811/Sq Ft
Est. Value
Highlights
- Cooling Available
- Franklin at Brimhall Elementary School Rated A
- Individual Controls for Heating
About This Home
As of May 2021WI L L I A M S 4 is a 4-unit apartment community
located just North University Drive immediately West of Gilbert Road offering convenient access to both Downtown Mesa and Gilbert. Williams 4 is centrally positioned among Mesa's densely saturated economic corridors which include Falcon Field Airport, Downtown Mesa, Fiesta District, Superstition Freeway Corridor and NW Gilbert Corridor.
Developed in 1963, the property features two-bedroom, one bath floor plans averaging 800-square-feet. All units include in suite laundry and two of the units have been lightly renovated.
Future ownership will have the opportunity to further renovate unit interiors to realize an interior renovation premium as well as implement operational efficiencies such as monthly utility recapture (or RUBS).
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,872
Year Built
- Built in 1963
Lot Details
- 0.31
Home Design
- Composition Roof
- Block Exterior
- Stone Exterior Construction
- Stucco
Parking
- 8 Parking Spaces
- 4 Covered Spaces
- Assigned Parking
Schools
- Hawthorne Elementary School
- Poston Butte High Middle School
- Mountain View - Waddell High School
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 19
- Assessor Parcel Number 137-37-113
Community Details
Overview
- 4 Units
- Building Dimensions are 13,509
- Ko Ko Palms Subdivision
Building Details
- Operating Expense $17,466
- Gross Income $51,254
- Net Operating Income $33,788
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2021
Closed on
May 12, 2021
Sold by
Nastro Britton and Nastro Eric P
Bought by
Nastro Eric P
Seller's Agent
Craig Young
Real Broker
Buyer's Agent
Heather Cates
Realty ONE Group
List Price
$610,000
Sold Price
$620,000
Premium/Discount to List
$10,000
1.64%
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
$149,998
Avg. Annual Appreciation
4.66%
Original Mortgage
$463,500
Outstanding Balance
$419,390
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$350,608
Purchase Details
Listed on
Mar 10, 2021
Closed on
May 4, 2021
Sold by
Gold Sand Properties Lllp
Bought by
Nastro Eric P
Seller's Agent
Craig Young
Real Broker
Buyer's Agent
Heather Cates
Realty ONE Group
List Price
$610,000
Sold Price
$620,000
Premium/Discount to List
$10,000
1.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Outstanding Balance
$419,390
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$350,608
Purchase Details
Listed on
Aug 29, 2012
Closed on
Mar 18, 2013
Sold by
Mummaw Bryan
Bought by
Gold Sand Properties Llp
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$195,000
Sold Price
$184,000
Premium/Discount to List
-$11,000
-5.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%
Purchase Details
Closed on
Jul 7, 2010
Sold by
3646 Az Limited Liability Company
Bought by
Mummaw Bryan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,712
Interest Rate
4.76%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 5, 2010
Sold by
Guina Robert E
Bought by
Az 3646
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 29, 2010
Sold by
U S Bank National Association
Bought by
Guina Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 13, 2009
Sold by
Friend Sandra and Mortgage Electronic Registrati
Bought by
U S Bank National Association
Purchase Details
Closed on
Jul 6, 2006
Sold by
Fletcher Jane Ellen and Fletcher Richard W
Bought by
Friend Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,920
Interest Rate
6.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 28, 2005
Sold by
Jkm Trading Corp
Bought by
Fletcher Richard W and Fletcher Jane Ellen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
8%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 23, 2005
Sold by
Missionary Action Projects Inc
Bought by
Jkm Trading Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
8%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 31, 2004
Sold by
Stacey John and Stanley Emma
Bought by
Missionary Action Projects Inc
Purchase Details
Closed on
Mar 22, 2004
Sold by
Underdah Robert A
Bought by
Stacey John and Stanley Emma
Purchase Details
Closed on
Dec 11, 2003
Sold by
Gaede Judith M
Bought by
Underdah Robert A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nastro Eric P | -- | Great American Ttl Agcy Inc | |
| Nastro Eric P | $620,000 | Great American Ttl Agcy Inc | |
| Gold Sand Properties Llp | $184,000 | Grand Canyon Title Agency In | |
| Mummaw Bryan | $171,000 | Magnus Title Agency | |
| Az 3646 | -- | Magnus Title Agency | |
| Guina Robert | $91,900 | First American Title Ins Co | |
| U S Bank National Association | $112,500 | First American Title | |
| Friend Sandra | $419,900 | Capital Title Agency Inc | |
| Fletcher Richard W | $425,000 | Capital Title Agency Inc | |
| Jkm Trading Corp | $350,000 | Capital Title Agency Inc | |
| Missionary Action Projects Inc | $300,000 | Lawyers Title Ins | |
| Stacey John | $220,000 | Lawyers Title Insurance Corp | |
| Underdah Robert A | $225,000 | Lawyers Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nastro Eric P | $463,500 | |
| Previous Owner | Mummaw Bryan | $168,712 | |
| Previous Owner | Az 3646 | $65,700 | |
| Previous Owner | Friend Sandra | $335,920 | |
| Previous Owner | Fletcher Richard W | $297,500 | |
| Previous Owner | Jkm Trading Corp | $300,000 | |
| Closed | Fletcher Richard W | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/14/2021 05/14/21 | Sold | $620,000 | +1.6% | $653 / Sq Ft | |
| 05/06/2021 05/06/21 | For Sale | $610,000 | 0.0% | $642 / Sq Ft | |
| 03/08/2021 03/08/21 | For Sale | $610,000 | +231.5% | $642 / Sq Ft | |
| 03/26/2013 03/26/13 | Sold | $184,000 | -5.6% | $194 / Sq Ft | View Prior Sale |
| 02/28/2013 02/28/13 | Pending | -- | -- | -- | |
| 08/17/2012 08/17/12 | For Sale | $195,000 | -- | $205 / 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 | $1,907 | $19,332 | -- | -- |
| 2024 | $1,913 | $18,411 | -- | -- |
| 2023 | $1,913 | $59,620 | $11,920 | $47,700 |
| 2022 | $1,873 | $45,060 | $9,010 | $36,050 |
| 2021 | $1,896 | $36,620 | $7,320 | $29,300 |
| 2020 | $1,872 | $32,410 | $6,480 | $25,930 |
| 2019 | $1,749 | $21,610 | $4,320 | $17,290 |
| 2018 | $1,678 | $37,428 | $11,364 | $26,064 |
| 2017 | $3,027 | $29,772 | $10,512 | $19,260 |
| 2016 | $2,971 | $27,876 | $9,384 | $18,492 |
| 2015 | $2,815 | $22,674 | $7,433 | $15,241 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Young
-
Heather Cates
Buyer's Agent in 2021
Heather Cates
Realty One Group
(480) 616-4433
1 in this area
24 Total Sales
-
Linda Gerchick
Seller's Agent in 2013
Linda Gerchick
Gerchick Real Estate
(602) 688-9279
1 in this area
112 Total Sales
-
Patrick O'Sullivan
Seller Co-Listing Agent in 2013
Patrick O'Sullivan
Get Multifamily
(602) 842-5050
29 Total Sales
-
L
Buyer's Agent in 2013
Linda CCIM
Stephen Magee Int'l Properties
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6204855
APN: 137-37-113
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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