$455,000
SOLD MAR 14, 2025
-- Bed
-- Bath
-- Sq Ft
10,280 Sq Ft Lot

Recently Sold

5% Above List Price

15 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • 5-minute walk to Reed Park
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of March 2025

Fantastic investment opportunity in Mesa! This charming triplex features three 1-bedroom, 1-bathroom units, each offering 875 sqft of comfortable living space. Built in 1959, this property boasts classic charm with modern potential. Conveniently located near shopping, dining, and public transportation, this triplex is ideal for tenants seeking a great location. Perfect for investors looking to expand their portfolio or generate steady rental income. Don't miss out on this rare find!

Last Agent to Sell the Property

James Diller

Real Broker License #BR681830000 Listed on: 12/19/2024

Real Broker

Last Buyer's Agent

Andrew Arambula

ABI Multifamily License #SA688881000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1959

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 2 Open Parking Spaces
  • 7 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 139-54-021

Community Details

Overview

  • 3 Units
  • Building Dimensions are irr - 121 x 85
  • Park Mesa Subdivision

Building Details

  • Operating Expense $1,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,040

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: E Broadway Rd & S Gilbert Rd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2024
  • Directions: Hwy 60 to S Gilbert Rd, north, left on E Broadway Rd, left onto S Hall
  • Road Surface Type: Asphalt
  • Subdivision Name: PARK MESA
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: 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

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: irr - 121 x 85
  • Additional Parcels: No
  • Parcel #: 139-54-021

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 3
  • Annual Operating Expense: 1040.0

Tax Info

  • Tax Annual Amount: 1040.0
  • Tax Book Number: 139.00
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Mar 20, 2025
Sold by
Arambula Andrew
Bought by
Aaram Investments Llc
Seller's Agent
James Diller
Real Broker
Buyer's Agent
Andrew Arambula
ABI Multifamily
List Price
$435,000
Sold Price
$455,000
Premium/Discount to List
$20,000
4.6%
Views
11
Current Estimated Value
$453,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,372
Avg. Annual Appreciation
-0.58%
Original Mortgage
$341,250
Outstanding Balance
$339,824
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$113,804

Purchase Details

Listed on
Dec 19, 2024
Closed on
Feb 26, 2025
Sold by
Sfr Rs Owner Lp
Bought by
Arambula Andrew
Seller's Agent
James Diller
Real Broker
Buyer's Agent
Andrew Arambula
ABI Multifamily
List Price
$435,000
Sold Price
$455,000
Premium/Discount to List
$20,000
4.6%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Outstanding Balance
$339,824
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$113,804

Purchase Details

Listed on
Dec 19, 2024
Closed on
Feb 13, 2025
Sold by
Star 2021-Sfr2 Borrower Lp
Bought by
Sfr Rs Owner Lp
Seller's Agent
James Diller
Real Broker
Buyer's Agent
Andrew Arambula
ABI Multifamily
List Price
$435,000
Sold Price
$455,000
Premium/Discount to List
$20,000
4.6%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Outstanding Balance
$339,824
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$113,804

Purchase Details

Closed on
Dec 14, 2021
Sold by
Rs Phoenix Owner 3 Lp
Bought by
Star 2021 Sfr2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,412,980
Interest Rate
3.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2020
Sold by
Espinoza Maria Guadalupe Salas
Bought by
Rs Phoenix Owner 3 Lp

Purchase Details

Listed on
Nov 11, 2014
Closed on
Feb 24, 2016
Sold by
Jacobo Pedro Cruz
Bought by
Espinoza Maria Guadalupe Salas
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Fred Weaver Iv
eXp Realty
List Price
$144,900
Sold Price
$135,000
Premium/Discount to List
-$9,900
-6.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%

Purchase Details

Closed on
Feb 10, 2010
Sold by
Carden Joel A and Carden Deborah L
Bought by
Bocci Scott T and Bocci Janice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,350
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2004
Sold by
Agustin Emido
Bought by
Carden Joel A and Carden Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,200
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2003
Sold by
Augustin Herlymar
Bought by
Agustin Emidio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,650
Interest Rate
5.94%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 13, 2003
Sold by
Wustner James and Chobanian Patricia
Bought by
Agustin Emidio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,550
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 1999
Sold by
Cram Roger D
Bought by
Wustner James F and Chobanian Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
7.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 1997
Sold by
Cram Sherri Kokoschke
Bought by
Cram Roger D

Purchase Details

Closed on
Nov 25, 1996
Sold by
Smith Donald P and Smith Nancy M
Bought by
Cram Roger D and Cram Sherri Kokoschke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,600
Interest Rate
7.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 1973
Sold by
Halls L Clark and K Susan Halls G
Bought by
Krakowiak Michael and Krakowiak Donna
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Special Warranty Deed -- --
Special Warranty Deed $455,000 Stewart Title
Special Warranty Deed -- Stewart Title
Warranty Deed -- Accommodation
Warranty Deed $300,000 Fidelity Natl Ttl Agcy Inc
Interfamily Deed Transfer -- Chicago Title Agency Inc
Cash Sale Deed $135,000 Chicago Title Agency Inc
Warranty Deed $64,500 American Title Service Agenc
Warranty Deed $196,500 Ticor Title Agency Of Az Inc
Interfamily Deed Transfer -- Ticor Title Agency Of Az Inc
Warranty Deed $163,200 American Title Insurance Age
Joint Tenancy Deed $93,000 Security Title Agency
Interfamily Deed Transfer -- --
Warranty Deed $180,000 Chicago Title Insurance Co
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $341,250 New Conventional
Previous Owner $256,412,980 Commercial
Previous Owner $48,350 New Conventional
Previous Owner $157,200 New Conventional
Previous Owner $32,650 Stand Alone Second
Previous Owner $130,550 Purchase Money Mortgage
Previous Owner $130,550 Purchase Money Mortgage
Previous Owner $92,250 New Conventional
Previous Owner $43,600 Seller Take Back
Closed $19,650 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $455,000 +4.6% --
01/03/2025 01/03/25 Pending -- -- --
12/19/2024 12/19/24 For Sale $435,000 +222.2% --
02/29/2016 02/29/16 Sold $135,000 -6.8% --
12/12/2015 12/12/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $144,900 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,040 $10,591 -- --
2024 $1,048 $10,087 -- --
2023 $1,048 $39,600 $7,920 $31,680
2022 $1,026 $26,180 $5,230 $20,950
2021 $1,039 $22,120 $4,420 $17,700
2020 $1,025 $21,250 $4,250 $17,000
2019 $958 $18,310 $3,660 $14,650
2018 $920 $16,680 $3,330 $13,350
2017 $892 $14,460 $2,890 $11,570
2016 $876 $12,920 $2,580 $10,340
2015 $823 $10,630 $2,120 $8,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6796114

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-54-021