Seller's Agent in 2020
Joe Kertesz
West USA Realty
(480) 751-7560
1 in this area
132 Total Sales
425 W University Dr Mesa, AZ 85201
West Main NeighborhoodEstimated Value: $618,118 - $764,000
--
Bed
--
Bath
3,500
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Multiple cooling system units
- Heat Pump System
- Franklin at Brimhall Elementary School Rated A
- Ceiling Fan
- 5-minute walk to Evergreen Park
About This Home
As of September 2020Prime location on a two story four-plex with no HOA. Very usable floor plan with kitchen, living room, and 1/2 bath on the first floor and 2 bedrooms with full bath on the second level. Low maintenance tile and laminate wood flooring including stairs. Private fenced yard for each unit. Inside laundry with included washer dryer. Excellent location conveniently located near transportation routes, hospitals, schools and neighborhood parks.
Last Agent to Sell the Property
West USA Realty License #SA643656000 Listed on: 08/13/2020
Co-Listed By
Nicholas Elg
West USA Realty License #SA690343000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,263
Year Built
- Built in 1986
Lot Details
- 4,922
Home Design
- Wood Frame Construction
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Wood
- Concrete
- Ceramic Tile
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- Paved Parking
Utilities
- Multiple cooling system units
- Heat Pump System
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 2
- Assessor Parcel Number 135-59-002
Community Details
Overview
- 4 Units
- Building Dimensions are 0.113 acres / 4,938 sqft
- Bond Acres Subdivision
Building Details
- Operating Expense $12,013
- Gross Income $36,600
- Net Operating Income $24,587
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2020
Closed on
Sep 18, 2020
Sold by
Hynson Joshua
Bought by
Jaon Shalabh and Gupta Neha
Seller's Agent
Joe Kertesz
West USA Realty
Buyer's Agent
Brandy Davidson
West USA Realty
List Price
$449,500
Sold Price
$456,000
Premium/Discount to List
$6,500
1.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,555
Avg. Annual Appreciation
9.60%
Original Mortgage
$342,000
Outstanding Balance
$307,096
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$406,165
Purchase Details
Closed on
Sep 1, 2009
Sold by
Al Karawi Razak
Bought by
Hynson Joshua
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
5.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 14, 2009
Sold by
Bank Of New York
Bought by
Al Karawi Razak
Purchase Details
Closed on
Jan 29, 2009
Sold by
Luu Khanh
Bought by
Bank Of New York
Purchase Details
Closed on
Jul 6, 2005
Sold by
Jr Burger Properties Llc
Bought by
Luu Khanh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,750
Interest Rate
1.37%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jul 31, 2003
Sold by
Burgher Jon R and Burgher Michelle
Bought by
J R Burgher Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 15, 2003
Sold by
Burgher Jon R
Bought by
Burgher Jon R and Burgher Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 18, 2002
Sold by
Burgher Michelle L
Bought by
Burgher Jon R
Purchase Details
Closed on
Sep 13, 2002
Sold by
Legrande Investments Llc
Bought by
Burgher Jon R
Purchase Details
Closed on
Jun 23, 2000
Sold by
Burgher Jon R and Burgher Michelle L
Bought by
Legrande Investments Llc
Purchase Details
Closed on
Feb 6, 1998
Sold by
Hmidan Osama and Hmidan Hassina
Bought by
Burgher Jon R and Burgher Michelle L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 1994
Sold by
Hussain Malika Hyder and Hmidan Osama H
Bought by
City Of Mesa
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jaon Shalabh | $456,000 | Wfg National Title Ins Co | |
| Hynson Joshua | $175,000 | Lawyers Title Of Arizona Inc | |
| Al Karawi Razak | $135,000 | First American Title Ins Co | |
| Bank Of New York | $155,125 | First American Title | |
| Luu Khanh | $394,900 | Ticor Title Agency Of Az Inc | |
| J R Burgher Properties Llc | -- | Stewart Title & Trust Of Pho | |
| Burgher Jon R | -- | Stewart Title & Tr Phoenix | |
| Burgher Jon R | -- | Stewart Title & Trust | |
| Burgher Jon R | -- | Stewart Title & Trust | |
| Legrande Investments Llc | -- | -- | |
| Burgher Jon R | $141,300 | Stewart Title & Trust | |
| City Of Mesa | -- | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jaon Shalabh | $342,000 | |
| Previous Owner | Hynson Joshua | $198,100 | |
| Previous Owner | Hynson Joshua | $140,000 | |
| Previous Owner | Hynson Joshua | $103,600 | |
| Previous Owner | Luu Khanh | $59,050 | |
| Previous Owner | Luu Khanh | $291,750 | |
| Previous Owner | Burgher Jon R | $132,500 | |
| Previous Owner | Burgher Jon R | $113,000 | |
| Previous Owner | Hmidan Osama | $70,400 | |
| Closed | Burgher Jon R | $14,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2020 09/22/20 | Sold | $456,000 | +1.4% | $130 / Sq Ft |
| 09/16/2020 09/16/20 | Price Changed | $449,500 | 0.0% | $128 / Sq Ft |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- |
| 08/13/2020 08/13/20 | For Sale | $449,500 | -- | $128 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,370 | $13,960 | -- | -- |
| 2024 | $1,381 | $13,295 | -- | -- |
| 2023 | $1,381 | $46,500 | $6,600 | $39,900 |
| 2022 | $1,353 | $35,710 | $5,070 | $30,640 |
| 2021 | $1,369 | $28,170 | $4,000 | $24,170 |
| 2020 | $1,352 | $25,350 | $3,600 | $21,750 |
| 2019 | $1,263 | $21,520 | $3,050 | $18,470 |
| 2018 | $1,212 | $19,260 | $2,730 | $16,530 |
| 2017 | $1,176 | $16,290 | $2,310 | $13,980 |
| 2016 | $1,154 | $15,510 | $2,200 | $13,310 |
| 2015 | $1,085 | $13,700 | $1,940 | $11,760 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Seller Co-Listing Agent in 2020
Nicholas Elg
West USA Realty
-
B
Buyer's Agent in 2020
Brandy Davidson
West USA Realty
(480) 820-3333
1 in this area
21 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6116959
APN: 135-59-002
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.
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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