NOT LISTED FOR SALE
9 Beds
5 Baths
1,236 Sq Ft
1974 Built

Last Sold June 02, 2021

Last sale price $700,000 $566 Per Sq Ft

2 Days on Market

Highlights

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

About This Home

As of June 2021

Fully occupied 5-Plex with room to raise rents!



4 2/1's & 1 1/1. Each unit rents for $750/mo and rents could be raised to ~$950 for 2/1s and $850 for 1/1. The 1/1 has its own laundry room.



Separately metered for Electric; all units occupled. Opportunity to raise rents substantially. Covered Parking.

Last Agent to Sell the Property

Greg Johnson

United Southwest Realty License #BR008487000 Listed on: 05/05/2021

Last Buyer's Agent

Jennifer Utter

HomeSmart License #SA647096000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,629

Year Built

  • Built in 1974

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

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

Schools

  • Kerr Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 96
  • Assessor Parcel Number 136-23-158

Community Details

Overview

  • 5 Units
  • Building Dimensions are 65X140
  • Pleasant Homes Subdivision Unit 2

Building Details

  • Operating Expense $1,629

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,629

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: CENTER/BROWN
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MUL
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2020
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: PLEASANT HOMES SUBDIVISION UNIT 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: <1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Schools

  • Elementary School: Kerr Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 65X140
  • Additional Parcels: No
  • Parcel #: 136-23-158

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 5
  • Annual Operating Expense: 1629.0

Tax Info

  • Tax Annual Amount: 1629.0
  • Tax Book Number: 136.00
  • Tax Lot: 96
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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 List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $700,000 +0.1% $566 / Sq Ft
05/05/2021 05/05/21 For Sale $699,000 -- $566 / Sq Ft
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 $1,660 $16,826 -- --
2024 $1,665 $16,025 -- --
2023 $1,665 $44,220 $8,840 $35,380
2022 $1,631 $34,010 $6,800 $27,210
2021 $1,651 $26,530 $5,300 $21,230
2020 $1,629 $25,350 $5,070 $20,280
2019 $1,522 $21,230 $4,240 $16,990
2018 $1,461 $18,650 $3,730 $14,920
2017 $1,417 $16,030 $3,200 $12,830
2016 $1,391 $11,550 $2,310 $9,240
2015 $1,307 $10,330 $2,060 $8,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6231497

Arizona Regional Multiple Listing Service (ARMLS)