$167,000
SOLD APR 7, 2017
-- Bed
-- Bath
1,536 Sq Ft
6,621 Sq Ft Lot

Recently Sold

$109 Per Sq Ft

1% Above List Price

32 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of March 2022

A Duplex money-maker in central Mesa! The area has high rental demand. Each unit has two bedrooms and one bathroom plus a large storage room with laundry hookups. The tenants love their large private back yard – great for kids and dogs! Centrally located, it's close to shopping, schools, and employment. You can add value and increase rents with minimal improvements. This is a great investment for somebody looking for a stable, clean, cash flowing, no hassle duplex. Act quickly to grab it in this hot market! The East unit is vacant and on ARMLS lockbox.

Last Agent to Sell the Property

Mark Skelpsa

HomeSmart Realty License #SA642313000 Listed on: 02/02/2017

Co-Listed By

Terry Kass

R.O.I. Properties License #BR503783000

Last Buyer's Agent

Clift Barnewolt

Hallmark Properties License #BR515041000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $711

Year Built

  • Built in 1987

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • Tax Lot 4
  • Assessor Parcel Number 139-24-149

Community Details

Overview

  • 2 Units
  • Building Dimensions are 2
  • Haws Subdivision Replat Lot 1 39

Building Details

  • Operating Expense $711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$711

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: Broadway Rd & Mesa Dr
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: DUPLEX
  • Number Of Buildings: 1
  • Year Built: 1987
  • Tax Year: 2016
  • Directions: East on Broadway. South on Lesueur. West on Vine Ave to property.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: gpci01
  • Co List Office Phone: 602-703-5277
  • Subdivision Name: HAWS SUBDIVISION REPLAT LOT 1-39
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: 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:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • 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

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 2
  • Additional Parcels: No
  • Parcel #: 139-24-149

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 2
  • Annual Operating Expense: 711.0

Tax Info

  • Tax Annual Amount: 711.0
  • Tax Book Number: 139.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 20, 2022
Sold by
O Homes Llc
Bought by
Bassett Properties Llc
Seller's Agent
John Ray
West USA Realty
Buyer's Agent
Melissa Pimentel
Call Realty, Inc.
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%
Current Estimated Value
$440,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,204
Avg. Annual Appreciation
2.07%
Original Mortgage
$328,000
Outstanding Balance
$310,401
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$129,803

Purchase Details

Closed on
May 29, 2019
Sold by
Oglesby Robert C and Oglesby Melanie H
Bought by
O Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2017
Closed on
Mar 27, 2017
Sold by
Ocean Pier Az Llc
Bought by
O Homes Llc
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Clift Barnewolt
Hallmark Properties
List Price
$165,000
Sold Price
$167,000
Premium/Discount to List
$2,000
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%

Purchase Details

Closed on
Dec 4, 2013
Sold by
Ocean Pier Llc
Bought by
Ocean Pier Az Llc

Purchase Details

Closed on
Nov 16, 2010
Sold by
Bautista Carlos
Bought by
Ocean Pier Llc

Purchase Details

Closed on
Oct 22, 2003
Sold by
Arraz Salvador and Millanes Jose
Bought by
Bautista Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,020
Interest Rate
6.14%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2001
Sold by
Arraz Salvador and Millanes Jose
Bought by
Arraz Salvador and Millanes Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,283
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 1996
Sold by
Flowers Jack B and Flowers Sally M
Bought by
Arraz Salvador and Millanes Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,939
Interest Rate
8.07%
Mortgage Type
FHA
Source: Public Records

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 $410,000 New Title Company Name
Warranty Deed -- Accommodation
Warranty Deed -- Old Republic Title Agency
Special Warranty Deed $167,000 Lawyers Title
Quit Claim Deed -- None Available
Trustee Deed $48,000 None Available
Warranty Deed $134,900 Security Title Agency
Interfamily Deed Transfer -- First Southwestern Title
Warranty Deed $70,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,000 New Conventional
Previous Owner $119,000 New Conventional
Previous Owner $115,000 Credit Line Revolving
Previous Owner $172,500 Unknown
Previous Owner $133,020 FHA
Previous Owner $73,283 FHA
Previous Owner $69,939 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $410,000 +2.5% $267 / Sq Ft
02/22/2022 02/22/22 For Sale $400,000 +139.5% $260 / Sq Ft
04/07/2017 04/07/17 Sold $167,000 +1.2% $109 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $165,000 -- $107 / Sq Ft
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 $844 $8,598 -- --
2024 $851 $8,189 -- --
2023 $851 $29,850 $5,970 $23,880
2022 $833 $21,030 $4,200 $16,830
2021 $844 $17,420 $3,480 $13,940
2020 $832 $15,920 $3,180 $12,740
2019 $778 $12,550 $2,510 $10,040
2018 $746 $11,630 $2,320 $9,310
2017 $724 $10,120 $2,020 $8,100
2016 $711 $9,430 $1,880 $7,550
2015 $668 $7,970 $1,590 $6,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5555275

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-24-149