$820,000
SOLD JAN 27, 2020
-- Bed
-- Bath
760 Sq Ft
1984 Built

Recently Sold

$1,079 Per Sq Ft

1% Below List Price

213 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of January 2022

Super Location Near Freeway and Downtown Mesa, Easy Light Rail Access and the Many Amenities in Downtown Such As the Newly Re-engineered Pioneer Park as Well as All the New Development Along Main Street. These are All 2 Bedroom Units, Single Level with Fenced Individual Backyards and Courtyard Like Entrance Between Buildings. Lots of Opportunity Here. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction. Please Do Not Walk Property or Disturb Tenants in Any Way.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 05/21/2019

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,275

Year Built

  • Built in 1984

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 12 Parking Spaces
  • 8 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 9
  • Assessor Parcel Number 139-30-091

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are IRR
  • Clarkson Manor Lot 1 9 Tr A B Subdivision

Building Details

  • Operating Expense $17,437
  • Gross Income $69,149
  • Net Operating Income $51,711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,275

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr./Southern Ave.
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1984
  • Tax Year: 2018
  • Directions: North from Southern to 9th Ave and Turn East. 1st 2 Buildings on South Side of 9th AVE
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: CLARKSON MANOR LOT 1-9 TR A-B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 800.0
  • Annual Water Sewer Expense: 7000.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 139-30-091

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 8
  • Annual Gross Income: 69148.8
  • Insurance Expense: 2162.0
  • Maintenance Expense: 3600.0
  • Property Net Operating Income: 51711.0
  • Annual Operating Expense: 17437.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 3275.0
  • Tax Book Number: 139.00
  • Tax Lot: 9

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
01/10/2022 01/10/22 Sold $660,000 +1.5% $868 / Sq Ft
11/17/2021 11/17/21 For Sale $650,000 0.0% $855 / Sq Ft
11/17/2021 11/17/21 Price Changed $650,000 0.0% $855 / Sq Ft
11/09/2021 11/09/21 For Sale $650,000 0.0% $855 / Sq Ft
11/09/2021 11/09/21 Price Changed $650,000 0.0% $855 / Sq Ft
06/04/2021 06/04/21 For Sale $650,000 -21.2% $855 / Sq Ft
01/28/2020 01/28/20 For Sale $825,000 +0.6% $1,086 / Sq Ft
01/27/2020 01/27/20 Sold $820,000 +99.0% $1,079 / Sq Ft
09/30/2019 09/30/19 Sold $412,000 -3.0% $542 / Sq Ft
09/20/2019 09/20/19 Price Changed $424,900 -48.2% $559 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/19/2019 08/19/19 Pending -- -- --
08/09/2019 08/09/19 Off Market $820,000 -- --
08/08/2019 08/08/19 For Sale $424,900 -48.5% $559 / Sq Ft
06/03/2019 06/03/19 For Sale $825,000 +0.6% $1,086 / Sq Ft
05/30/2019 05/30/19 Off Market $820,000 -- --
05/21/2019 05/21/19 For Sale $825,000 -- $1,086 / 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: 5928901

Arizona Regional Multiple Listing Service (ARMLS)