$165,000
SOLD FEB 8, 2013
-- Bed
-- Bath
2,262 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

3% Below List Price

79 Days on Market

Highlights

  • Cooling Available
  • Window Unit Heating System
  • 5-minute walk to Reed Park
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of April 2017

100% OCCUPIED..UNIT A 2/1 RENTS FOR $650, UNIT B 1/1 RENTS FOR $500, UNIT C 1/1 RENTS FOR $500, UNIT D STUDIO RENTS FOR $350. WELL MAINTAINED 4 PLEX. NEW ROOF IN 2011, PLUMBING HAS BEEN UPDATED...UNITS LOOK VERY NICE. CONCRETE FLOORING, REFRIGERATORS IN ALL UNITS. PARK ACROSS THE STREET. BUYER TO VERIFY ALL FACTS AND FIGURES PRIOR TO CLOSE OF ESCROW.

Last Agent to Sell the Property

Lori Wegner

Realty ONE Group License #SA539823000

Last Buyer's Agent

Will Fry

Arizona Realty Shop License #BR522422000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $634

Year Built

  • Built in 1959

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Lowell Elementary School - Mesa
  • Mesa High School

Utilities

  • Cooling Available
  • Window Unit Heating System

Listing and Financial Details

  • The owner pays for trash collection, water
  • 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 $5,534
  • Net Operating Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$634

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: BROADWAY AND GILBERT
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1959
  • Tax Year: 2012
  • Directions: WEST TO WILLIAMS, SOUTH TO PROPERTY
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1200.0
  • Subdivision Name: PARK MESA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Fee Information

  • Trash Expense: 200.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Lowell Elementary School - Mesa
  • High School: Mesa High School

Lot Info

  • Lot Size: 9561
  • Additional Parcels: No
  • Parcel #: 139-54-004

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 4
  • Insurance Expense: 800.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 22200.0
  • Annual Operating Expense: 5534.16

Tax Info

  • Tax Annual Amount: 634.16
  • Tax Book Number: 139.00
  • Tax Lot: 4

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
79
Current Estimated Value
$510,386

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
9.66%
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
9.61%

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

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $242,000 American Title Service Agenc
Warranty Deed -- None Available
Cash Sale Deed $165,000 First American Title Ins Co
Warranty Deed $262,000 Title Security Agency Of Az
Interfamily Deed Transfer -- Title Security Agency Of Az
Interfamily Deed Transfer -- Title Security Agency Of Az
Cash Sale Deed $180,000 Capital Title Agency Inc
Quit Claim Deed -- --
Warranty Deed $191,500 Century Title Agency Inc
Interfamily Deed Transfer -- Century Title Agency Inc
Special Warranty Deed -- Century Title Agency Inc
Trustee Deed $132,605 --
Warranty Deed $172,000 Stewart Title & Trust
Quit Claim Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $227,920 FHA
Closed $237,616 FHA
Previous Owner $70,000 New Conventional
Previous Owner $208,000 Negative Amortization
Previous Owner $153,200 Purchase Money Mortgage
Previous Owner $153,200 Purchase Money Mortgage
Previous Owner $153,200 Purchase Money Mortgage
Previous Owner $123,200 Seller Take Back
Closed $23,100 No Value Available
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

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

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4845520

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-54-004