NOT LISTED FOR SALE

Estimated Value: $321,000 - $463,000

-- Bed
-- Bath
1,504 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 24, 2014

Last sale price $120,000 $80 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $2,359/month

22 Days on Market

Highlights

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

About This Home

As of July 2014

FANTASTIC CASH FLOW INVESTMENT PROPERTY! DUPLEX HAS WASHER DRYER HOOKUPS AND SMALL FENCED BACKYARDS WITH AMPLE PARKING. UNITS ARE 2 BEDROOMS 1 BATHROOM AND RENTS ARE $600 AND $625 A MONTH. NOT FAR FROM US 60 FREEWAY ACCESS AND SHOPPING & SCHOOLS NEARBY.

Last Listed By

Daniel Shreeve

Arizona Platinum Properties LLC License #BR572199000 Listed on: 06/19/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $552

Year Built

  • Built in 1986

Lot Details

  • 7,144

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Holmes Elementary School
  • Mesa Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 28
  • Assessor Parcel Number 139-24-173

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7131
  • Haws Subdivision Replat Mcr 237 9

Building Details

  • Operating Expense $4,112
  • Net Operating Income $10,588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$552

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr. & Broadway
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2013
  • Directions: Head East on Broadway. Turn south on Lesueur, on 6th Dr go West and property is on the left.
  • Road Surface Type: Asphalt
  • Subdivision Name: Haws Subdivision Replat MCR 237-9
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Painted, Brick, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, City Electric, Individual Meter
  • 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

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1419.0

Schools

  • Elementary School: Holmes Elementary School
  • High School: Mesa High School
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Lot Size: 7131
  • Additional Parcels: No
  • Parcel #: 139-24-173

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Insurance Expense: 691.33
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 10587.71
  • Annual Operating Expense: 4112.33

Tax Info

  • Tax Annual Amount: 552.0
  • Tax Book Number: 139.00
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2014
Closed on
Jul 18, 2014
Sold by
Ayn Properties Llc
Bought by
Skamper Llc
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
Amy Nelson
Keller Williams Realty East Valley
List Price
$129,000
Sold Price
$120,000
Premium/Discount to List
-$9,000
-6.98%
Total Days on Market
22
Current Estimated Value
$409,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,056
Avg. Annual Appreciation
11.97%

Purchase Details

Closed on
Jun 24, 2011
Sold by
Swink Gregory and Swink Lori M
Bought by
Ayn Properties Llc

Purchase Details

Closed on
May 3, 2005
Sold by
Smith William W
Bought by
Swink Greg and Swink Lori M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Kopec Family Properties Llc
Bought by
Smith William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
Kopec Marcin
Bought by
Kopec Marcin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 29, 2003
Sold by
Kopec Stanislaw
Bought by
Kopec Marcin

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 Buyer Sale Price Title Company
Skamper Llc $120,000 Frst Arizona Title Agency
Ayn Properties Llc $45,000 Empire West Title Agency
Swink Greg $192,000 Capital Title Agency Inc
Smith William W $147,000 Capital Title Agency Inc
Kopec Marcin -- --
Kopec Marcin $270,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swink Gregory $196,000
Previous Owner Swink Greg $153,600
Previous Owner Smith William W $117,600
Previous Owner Kopec Marcin $100,000
Closed Swink Greg $19,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2014 07/24/14 Sold $120,000 -7.0% $80 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $129,000 -- $86 / 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 $835 $8,504 -- --
2024 $842 $8,099 -- --
2023 $842 $29,770 $5,950 $23,820
2022 $824 $20,960 $4,190 $16,770
2021 $834 $17,420 $3,480 $13,940
2020 $823 $15,910 $3,180 $12,730
2019 $769 $12,470 $2,490 $9,980
2018 $738 $11,510 $2,300 $9,210
2017 $716 $10,020 $2,000 $8,020
2016 $703 $9,360 $1,870 $7,490
2015 $661 $8,070 $1,610 $6,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5132961

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-24-173