NOT LISTED FOR SALE

44 N May Mesa, AZ 85201

West Main Neighborhood
10 Beds
10 Baths
600 Sq Ft
1980 Built

Last Sold August 18, 2016

Last sale price $472,500 $788 Per Sq Ft

157 Days on Market

Highlights

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

About This Home

As of August 2016

Recent Interior Remodel, Easy Keeper and Easy to Maintain. Walk to Light Rail and Close to 101 Freeway and Arizona State University. Strong Rent Upside Potential.
Surrounding New Development. Separate Electric Meters. 10 Large One Bedroom Units. Good Cash Flow and More Possible.
All Fact and Figures Approximate, Buyer to Verify to Their Satisfaction.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 01/05/2016

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

Ted Stevens

Expert Realty LLC License #BR557845000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,103

Year Built

  • Built in 1980

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 32
  • Assessor Parcel Number 135-45-033

Community Details

Overview

  • 10 Units
  • Building Dimensions are IRR
  • La Mesita Subdivision

Building Details

  • Operating Expense $15,024
  • Gross Income $50,445
  • Net Operating Income $35,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,103

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Dobson & Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2015
  • Directions: West on Main to May and turn North
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: La Mesita
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 14.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Heat Pump, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1000.0
  • Annual Water Sewer Expense: 6000.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 135-45-033

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 10
  • Annual Gross Income: 50445.0
  • Insurance Expense: 1321.0
  • Maintenance Expense: 4000.0
  • Property Net Operating Income: 35420.0
  • Annual Operating Expense: 15024.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2103.0
  • Tax Book Number: 135.00
  • Tax Lot: 32

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/18/2016 08/18/16 Sold $472,500 -5.5% $788 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $499,900 -- $833 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Fowler

    Seller's Agent in 2016

    Steve Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 430-5843

    66 Total Sales

    Steve Fowler
    Section Image
  • Steven Cvetanovich

    Seller Co-Listing Agent in 2016

    Steven Cvetanovich

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 323-5672

    1 in this area

    37 Total Sales

    Steven Cvetanovich
    Section Image

  • T

    Buyer's Agent in 2016

    Ted Stevens

    Expert Realty LLC

    (480) 459-5177

    8 Total Sales

    Ted Stevens
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5378903

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Mesa 85201 West Main

44 N May, Mesa, AZ

This home is located at 44 N May, Mesa, AZ 85201 since 05 January 2016. This property was built in 1980. 44 N May is a home located in Maricopa County with nearby schools including Webster Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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