NOT LISTED FOR SALE
-- Bed
-- Bath
2,607 Sq Ft
0.36 Acres

Last Sold November 10, 2015

Last sale price $162,500 $62 Per Sq Ft

82 Days on Market

Highlights

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

About This Home

As of November 2015

Great Investment Opportunity! Nice, Clean, Low Maintenance Triplex in Mesa. All 2 Bedroom Units in a Stable Rental Area, and all with 1 Year Leases! Shopping Nearby, Excellent Visibility from Mesa Drive. Bus Stop at the corner. Separately Metered Electric. Easy Access to US-60. Residential Financing Available. Drive-By Only. Do Not Disturb Tenants.

Last Agent to Sell the Property

Rick Horst

Keller Williams Arizona Realty License #SA640657000 Listed on: 08/12/2015

Keller Williams Arizona Realty

Co-Listed By

Kerry Keezer

72SOLD License #SA643532000

Last Buyer's Agent

Nicholas Yale

Brokers Hub Realty, LLC License #BR517934000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1984

Lot Details

  • 0.36

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 139-30-004-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 140' x 63'
  • Milletts Green Acres Subdivision

Building Details

  • Operating Expense $8,008
  • Gross Income $22,200
  • Net Operating Income $14,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$732

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Mesa & Broadway
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2014
  • Directions: South on South Mesa Drive from Main to Millett
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 1776.0
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: Milletts Green Acres
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: City Electric
  • Cooling: Individual, 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:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 140' x 63'
  • Additional Parcels: No
  • Parcel #: 139-30-004-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 22200.0
  • Insurance Expense: 700.0
  • Property Net Operating Income: 14191.54
  • Annual Operating Expense: 8008.46

Tax Info

  • Tax Annual Amount: 732.46
  • Tax Book Number: 139.00
  • Tax Lot: 3

Range of Values:

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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
11/10/2015 11/10/15 Sold $162,500 -12.1% $62 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $184,900 0.0% $71 / Sq Ft
11/08/2013 11/08/13 Rented $575 0.0% --
11/05/2013 11/05/13 Under Contract -- -- --
10/23/2013 10/23/13 For Rent $575 0.0% --
03/26/2012 03/26/12 Sold $105,000 -15.0% $40 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
09/08/2011 09/08/11 For Sale $123,500 -- $47 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5319999

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-30-004A