NOT LISTED FOR SALE

419 N Lesueur Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $484,000 - $509,000

3 Beds
-- Bath
2,206 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $487,000 $221 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,649/month

67 Days on Market

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Multiple Heating Units
  • Franklin at Brimhall Elementary School Rated A
  • Carpet

About This Home

As of June 2023

Great Investment opportunity near downtown Mesa with no HOA! Unit 1 - 2 bed/1 bath currently owner occupied - not updated, but otherwise in good shape. Unit 2 - 1 bed/1 bath w/rent at $750 - not updated, but otherwise good shape. Unit 3 - 1 bed/1 bath w/rent at $400 - needs some TLC. Both tenants are on month to month leases. Very close to bus and near downtown Mesa & light rail. Solar only on 2 bed unit will be paid off by seller through sale of home. All 3 AC units 5yrs old or less and exterior electric boxes replaced 3.5 years ago. West half of roof replaced July 2021 and east half replaced Feb 2023. Units are individually metered for utilities and there is a shared laundry room with washer/dryer in the back.

Last Agent to Sell the Property

Russell Baker

DeLex Realty License #BR565812000 Listed on: 02/23/2023

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1960

Lot Details

  • 9,583

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Carpet

Parking

  • 6 Open Parking Spaces
  • 9 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • Free Parking
  • Paved Parking
  • Assigned Parking

Schools

  • Eisenhower Center For Innovation Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 17
  • Assessor Parcel Number 137-14-017

Community Details

Overview

  • 3 Units
  • Building Dimensions are 120 x 80
  • Ellsworth Manor Subdivision

Building Details

  • Operating Expense $4,182
  • Gross Income $13,800
  • Net Operating Income $10,674

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,056

Year Built

Built in 1960

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Cross Street: University Dr & Mesa Dr
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2022
  • Road Surface Type: Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: ELLSWORTH MANOR
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet
  • Appliances: Built-In Range, Refrigerator, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved, Free, Assigned, >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: City Electric, Solar
  • Cooling: Central Air, Ceiling Fan(s), Electric, 2 or More Units
  • Heating: 2 or More Units, 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
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1050.0

Schools

  • Elementary School: Eisenhower Center For Innovation
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 120 x 80
  • Additional Parcels: No
  • Parcel #: 137-14-017

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 13800.0
  • Insurance Expense: 1326.0
  • Property Net Operating Income: 10674.0
  • Annual Operating Expense: 4182.0

Tax Info

  • Tax Annual Amount: 1056.0
  • Tax Book Number: 137.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jun 6, 2023
Sold by
Burton Bruce
Bought by
Brown Curtis Clark
Seller's Agent
Russell Baker
DeLex Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$485,000
Sold Price
$487,000
Premium/Discount to List
$2,000
0.41%
Views
24
Current Estimated Value
$498,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,300
Avg. Annual Appreciation
0.86%
Original Mortgage
$389,600
Outstanding Balance
$379,182
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$119,118

Purchase Details

Closed on
Dec 20, 2018
Sold by
Scalone Raye B Dodge and Scalone Raye B Dodge
Bought by
Burton Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2007
Sold by
Scalone Raye B Dodge
Bought by
Scalone Raye B Dodge and The Rbds Trust
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Curtis Clark $487,000 Empire Title Agency
Burton Bruce $230,000 Great American Title Agency
Scalone Raye B Dodge -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Curtis Clark $389,600
Previous Owner Burton Bruce $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2023 06/07/23 Sold $487,000 +0.4% $221 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $485,000 0.0% $220 / Sq Ft
04/18/2023 04/18/23 For Sale $485,000 0.0% $220 / Sq Ft
03/29/2023 03/29/23 Price Changed $485,000 0.0% $220 / Sq Ft
03/29/2023 03/29/23 For Sale $485,000 0.0% $220 / Sq Ft
02/23/2023 02/23/23 For Sale $485,000 -- $220 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,075 $10,899 -- --
2024 $1,079 $10,380 -- --
2023 $1,079 $36,560 $7,310 $29,250
2022 $1,056 $27,930 $5,580 $22,350
2021 $1,069 $23,620 $4,720 $18,900
2020 $1,055 $21,330 $4,260 $17,070
2019 $986 $17,910 $3,580 $14,330
2018 $946 $15,960 $3,190 $12,770
2017 $918 $13,260 $2,650 $10,610
2016 $901 $12,470 $2,490 $9,980
2015 $847 $10,920 $2,180 $8,740
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Russell Baker

    DeLex Realty

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6524026

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-14-017

Arizona Maricopa County Mesa 85203 Mesa Patios

419 N Lesueur, Mesa, AZ

Not Listed for Sale

MultiFamily

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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