L
Seller's Agent in 2016
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
435 W 3rd Place Mesa, AZ 85201
West Main NeighborhoodEstimated Value: $465,515 - $681,000
Studio
--
Bath
4,080
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- Cooling Available
- Franklin at Brimhall Elementary School Rated A
- Heat Pump System
About This Home
As of November 2016Well maintenance fourplex in Mesa! Just blocks to new light rail extension. Remodeled in 2009 with lots updates! ALL Newer HVACs, New roof and more! Great unit mix! Covered parking and tenant storage too! Laundry room on site but not currently in use—opportunity for additional income!****100% Occupied!!!*** Buyer to verify all items during the due diligence period.
Last Agent to Sell the Property
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 08/13/2016
Co-Listed By
Lois Kaipainen
Income Property Shop License #SA567276000
Last Buyer's Agent
Felecia Rozansky
Call Realty, Inc. License #BR651131000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,355
Year Built
- Built in 1972
Lot Details
- 6,970
Home Design
- Composition Roof
- Block Exterior
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Legal Lot and Block 5 / 2
- Assessor Parcel Number 135-59-039
Community Details
Overview
- 4 Units
- Building Dimensions are irr
- Bond Acres Subdivision
Building Details
- Operating Expense $8,272
- Gross Income $25,080
- Net Operating Income $16,808
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2016
Closed on
Nov 8, 2016
Sold by
Vision Property Investments Llc
Bought by
Chavez Joseph and Chavez Thehna Y
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Felecia Rozansky
Call Realty, Inc.
List Price
$259,000
Sold Price
$225,000
Premium/Discount to List
-$34,000
-13.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,129
Avg. Annual Appreciation
11.32%
Original Mortgage
$168,750
Outstanding Balance
$135,477
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$472,652
Purchase Details
Closed on
Feb 26, 2009
Sold by
Bank Of America National Association
Bought by
Vision Property Investments Llc
Purchase Details
Closed on
Oct 29, 2008
Sold by
Contreras Manuel
Bought by
Lasalle Bank Na
Purchase Details
Closed on
Feb 28, 2006
Sold by
Contreras Evelia
Bought by
Contreras Manuel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,250
Interest Rate
6.2%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
May 6, 2003
Sold by
Haws Reed B and Haws Maria E
Bought by
Chaydez Adolfo M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,400
Interest Rate
6.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 1998
Sold by
Stauffer Charles B and Stauffer C
Bought by
Haws Reed B and Haws Maria E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,455
Interest Rate
7.1%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chavez Joseph | $225,000 | Chicago Title Agency Inc | |
| Vision Property Investments Llc | $100,000 | Lawyers Title Of Arizona Inc | |
| Lasalle Bank Na | $207,000 | Security Title Agency | |
| Contreras Manuel | -- | First American Title Ins Co | |
| Contreras Manuel | $305,000 | First American Title Ins Co | |
| Chaydez Adolfo M | $204,000 | Security Title Agency | |
| Haws Reed B | $108,284 | Transnation Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chavez Joseph | $168,750 | |
| Previous Owner | Contreras Manuel | $76,250 | |
| Previous Owner | Contreras Manuel | $213,500 | |
| Previous Owner | Chaydez Adolfo M | $173,400 | |
| Previous Owner | Haws Reed B | $97,455 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/15/2016 11/15/16 | Sold | $225,000 | -5.9% | $55 / Sq Ft |
| 09/29/2016 09/29/16 | Pending | -- | -- | -- |
| 09/19/2016 09/19/16 | Price Changed | $239,000 | -4.0% | $59 / Sq Ft |
| 09/02/2016 09/02/16 | Price Changed | $249,000 | -3.9% | $61 / Sq Ft |
| 08/12/2016 08/12/16 | For Sale | $259,000 | -- | $63 / 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 | $1,721 | $17,446 | -- | -- |
| 2024 | $1,726 | $16,615 | -- | -- |
| 2023 | $1,726 | $55,420 | $11,080 | $44,340 |
| 2022 | $1,691 | $42,700 | $8,540 | $34,160 |
| 2021 | $1,711 | $33,520 | $6,700 | $26,820 |
| 2020 | $1,689 | $29,800 | $5,960 | $23,840 |
| 2019 | $1,578 | $26,050 | $5,210 | $20,840 |
| 2018 | $1,515 | $23,520 | $4,700 | $18,820 |
| 2017 | $1,469 | $19,820 | $3,960 | $15,860 |
| 2016 | $1,442 | $18,670 | $3,730 | $14,940 |
| 2015 | $1,355 | $17,000 | $3,400 | $13,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Seller Co-Listing Agent in 2016
Lois Kaipainen
Income Property Shop
-
F
Buyer's Agent in 2016
Felecia Rozansky
Call Realty, Inc.
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5483644
APN: 135-59-039
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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