NOT LISTED FOR SALE

Estimated Value: $390,660 - $502,000

Studio
-- Bath
1,472 Sq Ft
$310/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $240,000 $163 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,434/month

7 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • No Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of April 2019

INVESTMENT OPPERTUNITY

3 UNIT APPARTMENT FOR SALE

SOLD AS IS. JUST PUT A NEW ROOF ON.

Last Agent to Sell the Property

Michael Green

AZ Valley Realty License #BR633321000 Listed on: 04/10/2019

Last Buyer's Agent

Jennifer Utter

HomeSmart License #SA647096000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1972

Lot Details

  • 6,839

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Schools

  • Mesquite Jr High Elementary School
  • Mesa Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 137-39-054

Community Details

Overview

  • 3 Units
  • Building Dimensions are 6843
  • Paradise Parkway 3 Amended Subdivision

Building Details

  • Operating Expense $17,707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,206

Year Built

Built in 1972

Lot Details

6,839 Sq Ft Lot

Listing Details

  • Cross Street: Stapley & University
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM3
  • Number Of Buildings: 1
  • Year Built: 1972
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1300.0
  • Subdivision Name: PARADISE PARKWAY 3 AMENDED
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Garage Details: Yes
  • Parking:None30: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: None

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 6000.0

Schools

  • Elementary School: Mesquite Jr High School
  • High School: Mesa High School
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Lot Size: 6843
  • Additional Parcels: No
  • Parcel #: 137-39-054

Multi Family

  • Owner Pays: None
  • Tenant Pays: None
  • Number Of Units Total: 3
  • Electric Expense: 6000.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 17706.5

Tax Info

  • Tax Annual Amount: 1206.5
  • Tax Book Number: 137.00
  • Tax Lot: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Apr 19, 2019
Sold by
Ritchie Lorin and Hansen Kris
Bought by
Liberty West Holdings Llc
Seller's Agent
Michael Green
AZ Valley Realty
Buyer's Agent
Jennifer Utter
HomeSmart
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$455,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,915
Avg. Annual Appreciation
9.88%

Purchase Details

Closed on
Nov 17, 1999
Sold by
J Kent Makinlay Pc
Bought by
Ritchie Lorin and Hansen Kris

Purchase Details

Closed on
Nov 2, 1999
Sold by
Ritchie Lorin and Zotek Lillian
Bought by
J Kent Mackinlay Pc
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
Liberty West Holdings Llc $240,000 Security Title Agency Inc
Ritchie Lorin -- --
J Kent Mackinlay Pc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2019 04/25/19 Sold $240,000 -4.0% $163 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $250,000 -- $170 / 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 $1,020 $10,343 -- --
2024 $1,024 $9,851 -- --
2023 $1,024 $33,880 $6,770 $27,110
2022 $1,002 $25,950 $5,190 $20,760
2021 $1,015 $21,660 $4,330 $17,330
2020 $1,001 $19,770 $3,950 $15,820
2019 $936 $16,860 $3,370 $13,490
2018 $898 $15,060 $3,010 $12,050
2017 $871 $12,550 $2,510 $10,040
2016 $855 $11,730 $2,340 $9,390
2015 $804 $10,280 $2,050 $8,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5909087

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-39-054

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