$120,000
SOLD JUN 20, 2013
-- Bed
-- Bath
535 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$224 Per Sq Ft

8% Below List Price

8 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of June 2013

This home is located at 438 S Hobson, Mesa, AZ 85204 and is currently priced at $120,000, approximately $224 per square foot. This property was built in 1955. 438 S Hobson is a home located in Maricopa County with nearby schools including Lowell Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Last Agent to Sell the Property

Richard Barker

Keller Williams Arizona Realty License #SA635052000 Listed on: 05/03/2013

Keller Williams Arizona Realty

Last Buyer's Agent

Richard Barker

Keller Williams Arizona Realty License #SA635052000 Listed on: 05/03/2013

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $601

Year Built

  • Built in 1955

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Schools

  • Mesa High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 9210SF
  • Stewarts South East Mesa Addition Subdivision

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV, landscaping
  • Tax Lot 6
  • Assessor Parcel Number 139-24-053-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$601

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: Broadway and Hobson
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: res
  • Number Of Buildings: 3
  • Year Built: 1955
  • Tax Year: 2012
  • Road Surface Type: Gravel, Dirt, Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Stewarts South East Mesa Addition
  • Tax Parcel Letter: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete, Other
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:None30: Yes

Utilities

  • Electric: City Electric
  • Cooling: Individual, Other, See Remarks
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: None, Other

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Schools

  • High School: Mesa High School

Lot Info

  • Lot Size: 9210SF
  • Additional Parcels: No
  • Parcel #: 139-24-053-0

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 601.06
  • Tax Book Number: 139.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Jun 21, 2013
Sold by
Goldstein Laura Jayne and The L Jayne Goldstein Living T
Bought by
Flannery Vance
Seller's Agent
Richard Barker
Keller Williams Arizona Realty
Buyer's Agent
Richard Barker
Keller Williams Arizona Realty
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Total Days on Market
8
Current Estimated Value
$432,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,626
Avg. Annual Appreciation
11.47%
Original Mortgage
$90,000
Outstanding Balance
$65,284
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$374,081

Purchase Details

Closed on
Mar 4, 2010
Sold by
Goldstein Laura Jayne
Bought by
Goldstein Laura Jayne and L Jayne Goldstein Living Trust
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 $120,000 Fidelity National Title Agen
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Rented $500 0.0% --
07/25/2017 07/25/17 Under Contract -- -- --
07/14/2017 07/14/17 For Rent $500 +5.3% --
07/05/2017 07/05/17 Rented $475 0.0% --
07/05/2017 07/05/17 Under Contract -- -- --
07/05/2017 07/05/17 For Rent $475 0.0% --
07/02/2017 07/02/17 Under Contract -- -- --
06/08/2017 06/08/17 Off Market $475 -- --
06/05/2017 06/05/17 For Rent $475 -13.6% --
04/02/2016 04/02/16 Rented $550 +29.4% --
04/01/2016 04/01/16 Rented $425 -22.7% --
03/29/2016 03/29/16 For Rent $550 +29.4% --
03/14/2016 03/14/16 Under Contract -- -- --
03/08/2016 03/08/16 For Rent $425 +6.3% --
02/01/2015 02/01/15 Rented $400 0.0% --
01/19/2015 01/19/15 Under Contract -- -- --
12/10/2014 12/10/14 For Rent $400 0.0% --
06/20/2013 06/20/13 Sold $120,000 -7.7% $224 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $130,000 -- $243 / 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 $1,040 $10,592 -- --
2024 $1,048 $10,088 -- --
2023 $1,048 $35,080 $7,010 $28,070
2022 $1,027 $24,210 $4,840 $19,370
2021 $1,039 $19,880 $3,970 $15,910
2020 $1,025 $18,370 $3,670 $14,700
2019 $958 $14,520 $2,900 $11,620
2018 $920 $13,130 $2,620 $10,510
2017 $892 $11,360 $2,270 $9,090
2016 $876 $10,470 $2,090 $8,380
2015 $823 $9,230 $1,840 $7,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4930368

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-24-053