NOT LISTED FOR SALE

426 N Hill Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $708,000 - $827,000

1 Bed
1 Bath
921 Sq Ft
$833/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2017

Last sale price $276,500 $300 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $4,934 / mo

1 Day on Market

Highlights

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

About This Home

As of September 2017

DO NOT DISTURB! Tenants in place! Great 4-plex with 2-bed units in each, covered parking for each unit, reliable, convenient, and already rented. This 4-plex is near ever-expanding, and improving, downtown Mesa. Close to multiple universities, bus routes, light rail, shopping, dining, and much more. This property will stay rented!

Last Agent to Sell the Property

Michael McCabe

My Home Group Real Estate License #SA650319000 Listed on: 09/04/2017

My Home Group Real Estate

Last Buyer's Agent

Jennifer Utter

HomeSmart License #SA647096000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1963

Lot Details

  • 10,062

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • Assigned Parking

Schools

  • Hawthorne Elementary School
  • Kino Junior High School
  • Mountain View High School

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 137-37-003-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10065
  • Ko Ko Palms Subdivision

Building Details

  • Operating Expense $8,322
  • Gross Income $29,280
  • Net Operating Income $29,484

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,482

Year Built

Built in 1963

Lot Details

10,062 Sq Ft Lot

Listing Details

  • Cross Street: Gilbert/University
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2016
  • Road Surface Type: Asphalt, Dedicated Street, Sidewalk(s)
  • Professional Management Expense: 2640.0
  • Subdivision Name: KO KO PALMS
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Assigned, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Individual, Electric
  • 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:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Hawthorne Elementary School
  • High School: Mountain View High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 10065
  • Additional Parcels: No
  • Parcel #: 137-37-003-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 29280.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 29484.0
  • Annual Operating Expense: 8322.0

Tax Info

  • Tax Annual Amount: 1482.0
  • Tax Book Number: 137.00
  • Tax Lot: 3
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2017 09/22/17 Sold $276,500 -0.9% $300 / Sq Ft
09/04/2017 09/04/17 For Sale $279,000 +8.1% $303 / Sq Ft
10/11/2016 10/11/16 Sold $258,000 -6.2% $280 / Sq Ft View Prior Sale
08/21/2016 08/21/16 Price Changed $275,000 -5.1% $299 / Sq Ft
05/16/2016 05/16/16 For Sale $289,900 -- $315 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • Michael McCabe

    Seller's Agent in 2017

    Michael McCabe

    My Home Group

    (480) 766-0273

    114 Total Sales

    Michael McCabe
    Section Image

  • J

    Buyer's Agent in 2017

    Jennifer Utter

    HomeSmart

    (480) 710-8486

    2 in this area

    6 Total Sales

    Jennifer Utter
    Section Image

  • D

    Seller's Agent in 2016

    Donald Geahlen

    Mesa Realty, Inc.

    (602) 999-9350

    5 Total Sales

    Donald Geahlen
    Section Image

  • D

    Buyer's Agent in 2016

    Daniel Shreeve

    Arizona Platinum Properties LLC

    (480) 600-4307

    25 Total Sales

    Daniel Shreeve
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5655900

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-37-003A

Arizona Maricopa County Mesa 85203 Mesa Patios

426 N Hill, Mesa, AZ

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.