NOT LISTED FOR SALE

422 E Vine Ave Mesa, AZ 85204

Woodbridge Crossing Neighborhood

Estimated Value: $395,000 - $472,113

4 Beds
-- Bath
1,699 Sq Ft
$259/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $235,000 $138 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,409/month

2 Days on Market

Highlights

  • 4 Car Attached Garage
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Central Air

About This Home

As of December 2019

One of the newest duplexes in the neighborhood, (2003), Block construction, new asphalt shingle roofing, heat pumps replaced in 2017, both electric hot water heaters have been replaced in the last 2 years, Dunn Edwards exterior paint within last six months, two laundry rooms, two carports, 2 block fenced rear yards, two covered patios and separately metered. Two-bedroom, one bath units with approximately 850 square feet per unit. Great opportunity, low maintenance, drive by only, interior inspection after accepted offer. Tenant pays all of the utilities. Great upward rent increase potential. Buyer has the opportunity to purchase the adjacent duplex also.

Last Agent to Sell the Property

Brian Cunningham

eXp Realty License #SA634644000 Listed on: 12/04/2019

eXp Realty

Last Buyer's Agent

Tim Cline

My Home Group Real Estate License #SA532649000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,014

Year Built

  • Built in 2003

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Car Attached Garage
  • Common or Shared Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 139-24-147

Community Details

Overview

  • 2 Units
  • Building Dimensions are 72x96
  • Haws Subdivision Replat Lot 1 39

Building Details

  • Operating Expense $1,674
  • Gross Income $14,640
  • Net Operating Income $12,966

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,014

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr and Broadway Rd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2003
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: HAWS SUBDIVISION REPLAT LOT 1-39
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Attached, Common
  • Attached Garage: Yes
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Attached: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • 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

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 72x96
  • Additional Parcels: Yes
  • Parcel #: 139-24-147

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 14640.0
  • Insurance Expense: 660.0
  • Property Net Operating Income: 12966.0
  • Annual Operating Expense: 1674.0

Tax Info

  • Tax Annual Amount: 1014.0
  • Tax Book Number: 139.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Dec 26, 2019
Sold by
Holloway Geoffrey L and Holloway Susan E
Bought by
Sfr Solutions Llc
Seller's Agent
Brian Cunningham
eXp Realty
Buyer's Agent
Tim Cline
My Home Group Real Estate
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Current Estimated Value
$440,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,028
Avg. Annual Appreciation
11.18%
Original Mortgage
$176,250
Outstanding Balance
$155,362
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$284,666

Purchase Details

Closed on
Sep 22, 2003
Sold by
Eaton Kim I
Bought by
Holloway Geoffrey L and Holloway Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1998
Sold by
Haws Ross and Haws Beth
Bought by
Haws Jerry Woodburn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sfr Solutions Llc $235,000 Fidelity Natl Ttl Agcy Inc
Holloway Geoffrey L $154,000 Tsa Title Agency
Haws Jerry Woodburn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sfr Solutions Llc $176,250
Previous Owner Holloway Geoffrey L $123,200
Closed Holloway Geoffrey L $23,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $235,000 -6.0% $138 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $249,900 -- $147 / 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 $1,106 $11,213 -- --
2024 $1,110 $10,679 -- --
2023 $1,110 $33,900 $6,780 $27,120
2022 $1,087 $23,420 $4,680 $18,740
2021 $1,100 $19,380 $3,870 $15,510
2020 $1,086 $18,060 $3,610 $14,450
2019 $1,014 $14,350 $2,870 $11,480
2018 $974 $13,230 $2,640 $10,590
2017 $944 $11,580 $2,310 $9,270
2016 $927 $10,910 $2,180 $8,730
2015 $871 $9,450 $1,890 $7,560
Source: Public Records

Agents Affiliated with this Home

  • Brian Cunningham

    Seller's Agent in 2019

    Brian Cunningham

    eXp Realty

    (480) 370-6160

    2 in this area

    191 Total Sales

    Brian Cunningham
    Section Image

  • T

    Buyer's Agent in 2019

    Tim Cline

    My Home Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6011193

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-24-147

Arizona Maricopa County Mesa 85204 Woodbridge Crossing

422 E Vine Ave, Mesa, AZ

Not Listed for Sale

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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