NOT LISTED FOR SALE

434 W University Dr Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $566,000 - $783,348

4 Beds
-- Bath
2,860 Sq Ft
$241/Sq Ft Est. Value

Sale Details

Date Sold: November 29, 2022

Last sale price $750,000 $262 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,906 / mo

9 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of November 2022

A nicely renovated 4plex located just south of Mesa Country Club. The property is very clean and stabilized. The interior of all units have been renovated, washer and dryer for each unit, private storage units, and a carport. The property is fully occupied with year long leases and high quality tenants.

Last Agent to Sell the Property

Jackson Everhart

Orion Investment Real Estate License #SA689433000 Listed on: 06/24/2022

Last Buyer's Agent

Sharon Rodgers

Keller Williams Integrity First Realty License #SA544977000

Keller Williams Integrity First Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 1958

Lot Details

  • 10,019

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Separate Meters

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 135-25-049-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10019

Building Details

  • Operating Expense $5,326
  • Gross Income $59,640
  • Net Operating Income $51,614

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,306

Year Built

Built in 1958

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Cross Street: University Drive and Country Club Drive
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Year Built: 1958
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Lot Info

  • Lot Size: 10019
  • Additional Parcels: No
  • Parcel #: 135-25-049-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 59640.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 51614.0
  • Annual Operating Expense: 5326.0

Tax Info

  • Tax Annual Amount: 1306.0
  • Tax Book Number: 135.00
  • Tax Lot: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Nov 18, 2022
Sold by
Bought by
Seller's Agent
Jackson Everhart
Orion Investment Real Estate
Buyer's Agent
Sharon Rodgers
Keller Williams Integrity First Realty
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Views
9
Current Estimated Value
$690,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,663
Avg. Annual Appreciation
-2.23%
Original Mortgage
$250,000
Interest Rate
0.0708%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2022
Closed on
Nov 16, 2022
Sold by
Bought by
Seller's Agent
Jackson Everhart
Orion Investment Real Estate
Buyer's Agent
Sharon Rodgers
Keller Williams Integrity First Realty
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0708%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jan 4, 2022
Sold by
Bought by
Seller's Agent
Jackson Everhart
Orion Investment Real Estate
Buyer's Agent
Cade Thorne
Echo Real Estate
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.14%

Purchase Details

Listed on
Oct 25, 2021
Closed on
Dec 10, 2021
Sold by
Bought by
Seller's Agent
Jackson Everhart
Orion Investment Real Estate
Buyer's Agent
Cade Thorne
Echo Real Estate
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%

Purchase Details

Closed on
Feb 10, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,400
Interest Rate
0.0267%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
0.0482%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
0.0775%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,250
Interest Rate
0.0515%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,250
Interest Rate
0.0515%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 13, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 2000
Sold by
Bought by

Purchase Details

Closed on
Aug 8, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 12, 1995
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 1994
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 1994
Sold by
Bought by
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$750,000 Security Title
$550,000 First American Title
$550,000 First American Title
-- New Title Company Name
-- Pioneer Title
-- None Available
$130,000 First American Title Ins Co
$292,500 Security Title Agency
$303,000 --
-- Stewart Title & Trust Of Pho
-- Stewart Title & Tr Phoenix
-- Stewart Title & Trust
-- Stewart Title & Trust
-- --
$122,500 Stewart Title & Trust
$58,000 Old Republic Title Agency In
-- First Southwestern Title
-- First Southwestern Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $340,000
Closed $250,000
Previous Owner $316,400
Previous Owner $117,000
Previous Owner $242,400
Previous Owner $127,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2022 11/29/22 Sold $750,000 -6.1% $262 / Sq Ft
11/15/2022 11/15/22 For Sale $799,000 0.0% $279 / Sq Ft
11/15/2022 11/15/22 Price Changed $799,000 0.0% $279 / Sq Ft
09/22/2022 09/22/22 Price Changed $799,000 -3.2% $279 / Sq Ft
09/02/2022 09/02/22 For Sale $825,000 -6.3% $288 / Sq Ft
08/02/2022 08/02/22 Price Changed $880,000 0.0% $308 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $880,000 +60.0% $308 / Sq Ft
01/06/2022 01/06/22 Sold $550,000 -9.8% $192 / Sq Ft View Prior Sale
11/19/2021 11/19/21 Pending -- -- --
11/16/2021 11/16/21 Price Changed $610,000 -3.2% $213 / Sq Ft
11/02/2021 11/02/21 Price Changed $630,000 -3.1% $220 / Sq Ft
10/27/2021 10/27/21 For Sale $650,000 0.0% $227 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $650,000 -- $227 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,374 $13,922
2024 $1,378 $13,259
2023 $1,378 $51,550 $10,310 $41,240
2022 $1,285 $33,580 $6,710 $26,870
2021 $1,306 $28,810 $5,760 $23,050
2020 $1,289 $25,400 $5,080 $20,320
2019 $1,202 $20,820 $4,160 $16,660
2018 $1,152 $18,330 $3,660 $14,670
2017 $1,117 $15,670 $3,130 $12,540
2016 $1,096 $14,800 $2,960 $11,840
2015 $1,032 $13,780 $2,750 $11,030
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6422852

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-25-049A

Your Personal Tour Guide

Ask me questions while you tour the home.