$630,000
SOLD NOV 16, 2018

416 N Roca Mesa, AZ 85213

The Groves Neighborhood
-- Bed
-- Bath
900 Sq Ft
1986 Built

Recently Sold

$700 Per Sq Ft

7% Below List Price

168 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of November 2018

Multi-family complex investment close to shopping, businesses, and transportation corridors. 7 units total! 6 units are 2 bed + 1 bath, and 1 unit with 950 SF, 2 bed + 1.5 bath townhome style floor plan. VERY well maintained! Each unit is individually metered, tenant pays electric/utilities, owner pays water/sewer/trash. Tenants in all units. Exterior just painted! Great Cash Flow Opportunity!

Last Agent to Sell the Property

Stacey Crewse

Diamond King Realty License #BR668308000 Listed on: 03/30/2018

Last Buyer's Agent

Kristina Read

Coldwell Banker Realty License #SA579464000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,220

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 14 Parking Spaces
  • 7 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Paved 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 11
  • Assessor Parcel Number 140-11-372

Community Details

Overview

  • 7 Units
  • Building Dimensions are 16984 SQFT
  • University Villa East Subdivision

Building Details

  • Operating Expense $30,383
  • Gross Income $44,113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,220

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: UNIVERSITY DRIVE AND LINDSEY RD
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2017
  • Directions: North on Lindsey, East on University to Roca Street, North to Property.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 4359.0
  • Subdivision Name: University Villa East
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 7.0
  • Parking Features: Paved Parking, Free, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 14.0
  • General Property Description:Covered Parking Spcs: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: 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:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 16984 SQFT
  • Additional Parcels: No
  • Parcel #: 140-11-372

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 7
  • Annual Gross Income: 44113.25
  • Maintenance Expense: 20286.0
  • Annual Operating Expense: 30383.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3220.0
  • Tax Book Number: 140.00
  • Tax Lot: 11

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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
04/23/2025 04/23/25 For Sale $1,399,999 +122.2% --
11/16/2018 11/16/18 Sold $630,000 -5.2% $700 / Sq Ft
11/01/2018 11/01/18 Price Changed $664,900 0.0% $739 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
05/05/2018 05/05/18 Price Changed $664,900 -1.5% $739 / Sq Ft
03/30/2018 03/30/18 For Sale $674,900 +77.6% $750 / Sq Ft
10/31/2014 10/31/14 Sold $380,000 -8.4% $422 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $415,000 -- $461 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Laura Good

    Seller's Agent in 2025

    Laura Good

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 649-3536

    44 Total Sales

    Laura Good
    Section Image
  • Daniela Rubio

    Seller Co-Listing Agent in 2025

    Daniela Rubio

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 334-7775

    63 Total Sales

    Daniela Rubio
    Section Image
  • Stacey Crewse

    Seller's Agent in 2018

    Stacey Crewse

    Diamond King Realty

    (480) 544-0477

    22 Total Sales

    Stacey Crewse
    Section Image
  • Kristina Read

    Buyer's Agent in 2018

    Kristina Read

    Coldwell Banker Realty

    (480) 529-6698

    13 Total Sales

    Kristina Read
    Section Image
  • Chey Castro

    Seller's Agent in 2014

    Chey Castro

    eXp Realty

    (602) 570-2516

    59 Total Sales

    Chey Castro
    Section Image

  • A

    Buyer's Agent in 2014

    Arthur Hall

    Amaryllis Realty, LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5744727

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Mesa 85213 The Groves

416 N Roca, Mesa, AZ

This home is located at 416 N Roca, Mesa, AZ 85213 and is currently priced at $630,000, approximately $700 per square foot. This property was built in 1986. 416 N Roca is a home located in Maricopa County with nearby schools including Highland Elementary School, 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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