NOT LISTED FOR SALE

Estimated Value: $606,000 - $709,000

-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Last Sold May 25, 2023

Last sale price $645,000

Est. 2% increase in value since last sale

Current estimated payment $3,604/month

1 Day on Market

Highlights

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

About This Home

As of May 2023

Great investment opportunity. There are 2 buildings each building has a 2 bedroom apt and 1 bedroom apt. both have 1 bathroom. The 2 bedroom apartments have covered parking, all units have tile flooring throughout, current tenants are month to month.

Last Agent to Sell the Property

Michelle Senden

American Realty Brokers License #SA655714000 Listed on: 05/10/2023

American Realty Brokers

Last Buyer's Agent

Marcos Souffle Sanchez

My Home Group Real Estate License #SA670272000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1963

Lot Details

  • 0.27

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

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

Schools

  • Lincoln Elementary School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, sewer, cable TV
  • The owner pays for water
  • Tax Lot 160
  • Assessor Parcel Number 139-33-134

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 11,757
  • Resub Of Pt Western Homesites Add 2 Subdivision

Building Details

  • Operating Expense $1,414
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,414

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Center and 8th Ave
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: multi family
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2022
  • Directions: East on Southern to Center, North on Center to 8th Ave, 4 plex is on the right
  • Road Surface Type: Asphalt
  • Subdivision Name: RESUB OF PT WESTERN HOMESITES ADD 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 11,757
  • Additional Parcels: No
  • Parcel #: 139-33-134

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Trash Collection, Electricity, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 33600.0
  • Annual Operating Expense: 1414.0

Tax Info

  • Tax Annual Amount: 1414.0
  • Tax Book Number: 139.00
  • Tax Lot: 160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
May 25, 2023
Sold by
Damianta Properties Llc
Bought by
Hidalgo M Anagement Property Llc
Seller's Agent
Michelle Senden
American Realty Brokers
Buyer's Agent
Marcos Souffle Sanchez
My Home Group Real Estate
List Price
$680,000
Sold Price
$645,000
Premium/Discount to List
-$35,000
-5.15%
Views
17
Current Estimated Value
$657,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,318
Avg. Annual Appreciation
2.88%

Purchase Details

Closed on
Mar 24, 2010
Sold by
Lopez Hermila
Bought by
Damianta Properties Llc

Purchase Details

Closed on
Jul 2, 2002
Sold by
Santana Jesus Jose
Bought by
Lopez Hermilia and Santana Hermilia

Purchase Details

Closed on
Jul 2, 1999
Sold by
Sanniec Jerry J and Sanniec Brenda P
Bought by
Santana Jesus J and Santana Hermila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.24%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hidalgo M Anagement Property Llc $645,000 Driggs Title Agency
Damianta Properties Llc $84,100 None Available
Lopez Hermilia -- --
Santana Jesus J $126,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santana Jesus J $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $645,000 -5.1% --
05/12/2023 05/12/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $680,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,432 $14,590 -- --
2024 $1,444 $13,895 -- --
2023 $1,444 $52,370 $10,470 $41,900
2022 $1,414 $35,700 $7,140 $28,560
2021 $1,431 $30,130 $6,020 $24,110
2020 $1,413 $27,310 $5,460 $21,850
2019 $1,320 $21,330 $4,260 $17,070
2018 $1,267 $19,570 $3,910 $15,660
2017 $1,229 $16,970 $3,390 $13,580
2016 $1,206 $15,950 $3,190 $12,760
2015 $1,134 $14,500 $2,900 $11,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6554911

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-33-134