NOT LISTED FOR SALE

429 S Hall Mesa, AZ 85204

Reed Park Neighborhood

Estimated Value: $563,075 - $899,000

Studio
-- Bath
4,228 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 01, 2012

Last sale price $184,000 $44 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $4,195/month

Highlights

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

About This Home

As of May 2012

Rare newer 4 plex, only 6 years old. Fabulous 3 bed, 2 bath units with covered parking & storage. Huge, single level, 1100 sf units. Large kitchen/great room layout. Built 2005. Close to large park with playground, skate park, picnic and BBQ areas. 2 units rented, 4th unit will be rented when cleaned up. Approx $650/mth rent. Short Sale

Last Agent to Sell the Property

John Oliver

Century 21 Arizona Foothills License #SA542407000 Listed on: 03/22/2012

Century 21 Arizona Foothills

Last Buyer's Agent

James Bell III

RE/MAX Alliance Group License #SA116226000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 2004

Lot Details

  • 0.41

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • Common or Shared Parking
  • On-Street Parking

Schools

  • Lincoln Elementary School
  • Mesa High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 29
  • Assessor Parcel Number 139-54-029

Community Details

Overview

  • 4 Units
  • Building Dimensions are 0
  • Park Mesa Subdivision

Building Details

  • Operating Expense $1,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,264

Year Built

Built in 2004

Lot Details

0.41 Acres

Listing Details

  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Subdivision Name: Park Mesa
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Concrete
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: <1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, 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
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 139-54-029

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1264.0

Tax Info

  • Tax Annual Amount: 1264.0
  • Tax Book Number: 139.00
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2018
Sold by
Khatri Shahjehan A and Khatri Femidabanu M
Bought by
Khatri Shahjehan A and Khatri Femidabanu M
Current Estimated Value
$774,519

Purchase Details

Closed on
Jun 29, 2017
Sold by
Khatri Shahjehan
Bought by
Khatri Shahjehan and Khatri Femidabnu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
6.61%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 22, 2012
Closed on
Apr 25, 2012
Sold by
Xiqa Properties Arizona #1 Llc
Bought by
Khatri Shahjehan
Seller's Agent
John Oliver
Century 21 Arizona Foothills
Buyer's Agent
James Bell III
RE/MAX Alliance Group
List Price
$175,000
Sold Price
$184,000
Premium/Discount to List
$9,000
5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$128,800
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2012
Closed on
Apr 5, 2012
Sold by
Khatri Femidabanu M
Bought by
Khatri Shahjehan
Seller's Agent
John Oliver
Century 21 Arizona Foothills
Buyer's Agent
James Bell III
RE/MAX Alliance Group
List Price
$175,000
Sold Price
$184,000
Premium/Discount to List
$9,000
5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2006
Sold by
Thomas Jeff
Bought by
Xiqa Properties Arizona #1 Llc

Purchase Details

Closed on
Nov 30, 2005
Sold by
Thomas Alyssa
Bought by
Thomas Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 23, 2005
Sold by
Mastrella Victor and Mastrella Liza
Bought by
Thomas Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 7, 2005
Sold by
Eaton Kim
Bought by
Mastrella Victor and Mastrella Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2002
Sold by
Senitza C J and Senitza Shirley E
Bought by
Eaton Kim
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
Khatri Shahjehan A -- None Available
Khatri Shahjehan -- Pioneer Title Agency Inc
Khatri Shahjehan $184,000 American Title Service Agenc
Khatri Shahjehan -- American Title Service Agenc
Xiqa Properties Arizona #1 Llc -- None Available
Thomas Jeff -- Ticor Title Agency Of Az Inc
Thomas Jeff $500,000 Ticor Title Agency Of Az Inc
Mastrella Victor $399,000 Fidelity National Title
Eaton Kim $55,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khatri Shahjehan $297,500
Previous Owner Khatri Shahjehan $128,800
Previous Owner Khatri Shahjehan $128,800
Previous Owner Thomas Jeff $50,000
Previous Owner Thomas Jeff $400,000
Previous Owner Thomas Jeff $400,000
Previous Owner Mastrella Victor $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2012 05/01/12 Sold $184,000 +5.1% $44 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $175,000 -- $41 / 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 $2,462 $24,958 -- --
2024 $2,470 $23,770 -- --
2023 $2,470 $65,720 $13,140 $52,580
2022 $2,419 $44,420 $8,880 $35,540
2021 $2,448 $36,650 $7,330 $29,320
2020 $2,416 $34,520 $6,900 $27,620
2019 $2,258 $28,700 $5,740 $22,960
2018 $2,167 $26,110 $5,220 $20,890
2017 $2,102 $24,380 $4,870 $19,510
2016 $2,063 $24,500 $4,900 $19,600
2015 $1,939 $24,080 $4,810 $19,270
Source: Public Records

Agents Affiliated with this Home

  • John Oliver

    Seller's Agent in 2012

    John Oliver

    Century 21 Arizona Foothills

    (602) 790-8140

    11 Total Sales

    John Oliver
    Section Image

  • J

    Buyer's Agent in 2012

    James Bell III

    RE/MAX

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4733482

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-54-029

Arizona Maricopa County Mesa 85204 Reed Park

429 S Hall, 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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