$172,900
SOLD FEB 14, 2014

414 E Frost Cir Mesa, AZ 85203

Mesa Patios Neighborhood
-- Bed
-- Bath
2,526 Sq Ft
1971 Built

Recently Sold

$68 Per Sq Ft

19 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of July 2025

LISTED BELOW APPRAISED VALUE! Cash flow opportunity. Triplex located in Mesa. Currently gross monthly rent is $1,100 with two units rented and one owner occupied.Owner lives for free! 2 long term tenants on month to month leases currently. They have never been late with rent. Recent appraisal suggests market rents for this prop should gross $1,725. This property may qualify for section 8 housing, which is guaranteed rent paid each month. Updating properties could increase potential rental however units are clean and rentable as is. Very low vacancy rate in this area.

Last Agent to Sell the Property

Katie Lambert

eXp Realty License #BR583397000 Listed on: 12/26/2013

eXp Realty

Last Buyer's Agent

Sarah Reiter

Argo Real Estate License #SA627709000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1971

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 7 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • On-Street Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 137-32-152

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8764

Building Details

  • Operating Expense $781

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$781

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Mesa and Brown
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: 0
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2013
  • Directions: South on Mesa to Frost. East to home in quiet cul-de-sac.
  • Road Surface Type: Asphalt, Private Street, Sidewalk(s)
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Free, Add'l Parking Avail, >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 8764
  • Additional Parcels: No
  • Parcel #: 137-32-152

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 3
  • Annual Operating Expense: 781.0

Tax Info

  • Tax Annual Amount: 781.0
  • Tax Book Number: 137.00
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2025
Closed on
Jul 8, 2025
Sold by
Gilding John B and Gilding Yian Y
Bought by
Bradshaw Rae L and Graebener Norma
Seller's Agent
Colin Kreager
ABI Multifamily
Buyer's Agent
Chelsey Hernandez
My Home Group Real Estate
List Price
$600,000
Sold Price
$600,000
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-61.89%
Original Mortgage
$510,000
Outstanding Balance
$510,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$14,193

Purchase Details

Listed on
Dec 26, 2013
Closed on
Feb 6, 2014
Sold by
Zivanov Ivanka
Bought by
Gilding John B and Gilding Yian Y
Seller's Agent
Katie Lambert
eXp Realty
Buyer's Agent
Sarah Reiter
Argo Real Estate
List Price
$172,900
Sold Price
$172,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%
Original Mortgage
$128,175
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2000
Sold by
Sangiolo Leo G
Bought by
Zivanov Ivanka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 2, 1997
Sold by
Osborne Ruth G
Bought by
Osborne Ruth G and The Ruth G Osborne Revocable Trust

Purchase Details

Closed on
Jul 25, 1997
Sold by
Osborne Ruth G
Bought by
Osborne Ruth G and Ruth G Osborne Revocable Trust

Purchase Details

Closed on
May 2, 1995
Sold by
Sangiolo Leo G
Bought by
Sangiolo Leo G and 1995 Sangiolo Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $600,000 Ez Title
Warranty Deed $170,900 First American Title Ins Co
Warranty Deed $130,000 Transnation Title Insurance
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 New Conventional
Previous Owner $128,175 New Conventional
Previous Owner $95,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Sold $600,000 0.0% $238 / Sq Ft
06/10/2025 06/10/25 For Sale $600,000 +247.0% $238 / Sq Ft
02/14/2014 02/14/14 Sold $172,900 0.0% $68 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
12/26/2013 12/26/13 For Sale $172,900 -- $68 / 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 $1,189 $12,113 -- --
2024 $1,199 $11,537 -- --
2023 $1,199 $39,910 $7,980 $31,930
2022 $1,174 $30,410 $6,080 $24,330
2021 $1,188 $25,480 $5,090 $20,390
2020 $1,173 $23,280 $4,650 $18,630
2019 $1,096 $19,810 $3,960 $15,850
2018 $1,052 $17,660 $3,530 $14,130
2017 $1,020 $14,630 $2,920 $11,710
2016 $1,001 $13,820 $2,760 $11,060
2015 $941 $12,120 $2,420 $9,700
Source: Public Records

Agents Affiliated with this Home

  • Colin Kreager

    Seller's Agent in 2025

    Colin Kreager

    ABI Multifamily

    (602) 714-1400

    1 in this area

    17 Total Sales

    Colin Kreager
    Section Image
  • Chelsey Hernandez

    Buyer's Agent in 2025

    Chelsey Hernandez

    My Home Group Real Estate

    (480) 202-4871

    1 in this area

    97 Total Sales

    Chelsey Hernandez
    Section Image
  • Katie Lambert

    Seller's Agent in 2014

    Katie Lambert

    eXp Realty

    (480) 250-0023

    2 in this area

    258 Total Sales

    Katie Lambert
    Section Image

  • S

    Buyer's Agent in 2014

    Sarah Reiter

    Argo Real Estate

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5046263

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-32-152

Arizona Maricopa County Mesa 85203 Mesa Patios

414 E Frost Cir, Mesa, AZ

This home is located at 414 E Frost Cir, Mesa, AZ 85203 and is currently priced at $172,900, approximately $68 per square foot. This property was built in 1971. 414 E Frost Cir is a home located in Maricopa County with nearby schools including Eisenhower Center for Innovation, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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