W
Seller's Agent in 2017
Will Fry
Arizona Realty Shop
(480) 686-3336
5 Total Sales
431 S Williams Mesa, AZ 85204
Reed Park NeighborhoodEstimated Value: $454,544 - $604,000
1
Bed
--
Bath
2,262
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Heat Pump System
- 5-minute walk to Reed Park
- Franklin at Brimhall Elementary School Rated A
About This Home
As of April 2017100% OCCUPIED! FANTASTIC INVESTMENT OPPORTUNITY IN THE HEART OF MESA. TURN KEY 4-PLEX LOCATED BY AN ELEMENTARY SCHOOL AND A HUGE PARK.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $984
Year Built
- Built in 1959
Lot Details
- 9,583
Home Design
- Composition Roof
- Block Exterior
- Stucco
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Schools
- Longfellow Elementary School
- Poston Junior High School
- Mesa High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Heat Pump System
- Master Water Meter
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 4
- Assessor Parcel Number 139-54-004
Community Details
Overview
- 4 Units
- Building Dimensions are 9561
- Park Mesa Subdivision
Building Details
- Operating Expense $3,784
- Gross Income $26,733
- Net Operating Income $23,940
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2017
Closed on
Apr 11, 2017
Sold by
431 Williams Llc
Bought by
Lu Yimin
Seller's Agent
Will Fry
Arizona Realty Shop
Buyer's Agent
Lucas Thomas
West USA Realty
List Price
$250,000
Sold Price
$242,000
Premium/Discount to List
-$8,000
-3.2%
Total Days on Market
31
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
$268,386
Avg. Annual Appreciation
9.68%
Original Mortgage
$237,616
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 18, 2013
Sold by
Tierney William
Bought by
431 Williams Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.32%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 6, 2012
Closed on
Jan 24, 2013
Sold by
Sweidan Emad K and Sweidan Ala K
Bought by
Tierney William
Seller's Agent
Lori Wegner
Realty ONE Group
Buyer's Agent
Will Fry
Arizona Realty Shop
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Purchase Details
Closed on
May 23, 2005
Sold by
Attili Jacob
Bought by
Sweidan Emad K and Sweidan Ala K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.69%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 4, 2005
Sold by
Antabeel Rania S
Bought by
Sweidan Emad K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.69%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 27, 2004
Sold by
Siesta Properties Group Inc
Bought by
Attili Jacob
Purchase Details
Closed on
Jan 19, 2004
Sold by
Flores Jesse R and Flores Sylvia
Bought by
Siesta Properties Group Inc
Purchase Details
Closed on
Oct 21, 2003
Sold by
Posterity Properties Inc
Bought by
Flores Jesse R and Flores Sylvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,200
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 18, 2003
Sold by
Flores Lupe
Bought by
Flores Jesus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,200
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 15, 2003
Sold by
Mgf Funding Inc
Bought by
Posterity Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,200
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 5, 2003
Sold by
Siegler Jeanne M
Bought by
Mgf Funding Inc
Purchase Details
Closed on
Mar 6, 2002
Sold by
Flores Jeffrey R and Flores Kathleen D
Bought by
Siegler Jeanne M
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
6.78%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 16, 1996
Sold by
Federal Deposit Insurance Corporation
Bought by
Scott T Marvin T and Scott Ruth C
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 |
|---|---|---|---|
| Lu Yimin | $242,000 | American Title Service Agenc | |
| 431 Williams Llc | -- | None Available | |
| Tierney William | $165,000 | First American Title Ins Co | |
| Sweidan Emad K | $262,000 | Title Security Agency Of Az | |
| Sweidan Emad K | -- | Title Security Agency Of Az | |
| Sweidan Ala K | -- | Title Security Agency Of Az | |
| Attili Jacob | $180,000 | Capital Title Agency Inc | |
| Siesta Properties Group Inc | -- | -- | |
| Flores Jesse R | $191,500 | Century Title Agency Inc | |
| Flores Jesus | -- | Century Title Agency Inc | |
| Posterity Properties Inc | -- | Century Title Agency Inc | |
| Mgf Funding Inc | $132,605 | -- | |
| Siegler Jeanne M | $172,000 | Stewart Title & Trust | |
| Scott T Marvin T | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lu Yimin | $227,920 | |
| Closed | Lu Yimin | $237,616 | |
| Previous Owner | Tierney William J | $70,000 | |
| Previous Owner | Sweidan Emad K | $208,000 | |
| Previous Owner | Flores Jesse R | $153,200 | |
| Previous Owner | Flores Jesus | $153,200 | |
| Previous Owner | Posterity Properties Inc | $153,200 | |
| Previous Owner | Siegler Jeanne M | $123,200 | |
| Closed | Siegler Jeanne M | $23,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2017 04/26/17 | Sold | $242,000 | -3.2% | $107 / Sq Ft |
| 04/22/2017 04/22/17 | Price Changed | $250,000 | 0.0% | $111 / Sq Ft |
| 04/08/2017 04/08/17 | For Sale | $250,000 | 0.0% | $111 / Sq Ft |
| 04/08/2017 04/08/17 | Price Changed | $250,000 | 0.0% | $111 / Sq Ft |
| 03/04/2017 03/04/17 | Pending | -- | -- | -- |
| 02/01/2017 02/01/17 | For Sale | $250,000 | +51.5% | $111 / Sq Ft |
| 02/08/2013 02/08/13 | Sold | $165,000 | -2.9% | $73 / Sq Ft |
| 01/23/2013 01/23/13 | Pending | -- | -- | -- |
| 11/05/2012 11/05/12 | For Sale | $170,000 | -- | $75 / 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 | $1,168 | $11,900 | -- | -- |
| 2024 | $1,178 | $11,333 | -- | -- |
| 2023 | $1,178 | $36,120 | $7,220 | $28,900 |
| 2022 | $1,153 | $24,930 | $4,980 | $19,950 |
| 2021 | $1,167 | $21,320 | $4,260 | $17,060 |
| 2020 | $1,152 | $20,260 | $4,050 | $16,210 |
| 2019 | $1,076 | $16,910 | $3,380 | $13,530 |
| 2018 | $1,033 | $15,330 | $3,060 | $12,270 |
| 2017 | $1,002 | $13,470 | $2,690 | $10,780 |
| 2016 | $984 | $12,250 | $2,450 | $9,800 |
| 2015 | $925 | $10,520 | $2,100 | $8,420 |
Source: Public Records
Agents Affiliated with this Home
-
Will Fry
-
Elizabeth Fry
Seller Co-Listing Agent in 2017
Elizabeth Fry
Arizona Realty Shop
(480) 217-1104
7 Total Sales
-
Lucas Thomas
Buyer's Agent in 2017
Lucas Thomas
West USA Realty
(602) 885-1148
24 Total Sales
-
Lori Wegner
Seller's Agent in 2013
Lori Wegner
Realty One Group
(602) 697-6913
56 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5554924
APN: 139-54-004
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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