NOT LISTED FOR SALE

Estimated Value: $396,000 - $452,000

-- Bed
-- Bath
1,927 Sq Ft
$214/Sq Ft Est. Value

Last Sold April 07, 2025

Last sale price $400,000 $208 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,239/month

197 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • 5-minute walk to Reed Park
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of April 2025

Investment's Delight! Low maintenance Triplex easily rented near employment centers! This property features three 1 bed, 1 bath units, with living Room and newer style Kitchen. The Kitchen has modern style cabinets and countertops. Located in an active area with many local business, as well as shopping, dining, schools, and activities.

Last Agent to Sell the Property

James Diller

Real Broker License #BR681830000 Listed on: 08/22/2024

Real Broker

Last Buyer's Agent

Stephen Phelps

eXp Realty License #SA698470000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $972

Year Built

  • Built in 1970

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Free Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 20
  • Assessor Parcel Number 139-54-020

Community Details

Overview

  • 3 Units
  • Building Dimensions are 29.68 x 18.42 x 79.73 x 122.57 x 62.58 x 131.05
  • Park Mesa Subdivision

Building Details

  • Operating Expense $972

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$972

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: E Broadway Rd & S Gilbert Rd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Subdivision Name: PARK MESA
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features Free2: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 29.68 x 18.42 x 79.73 x 122.57 x 62.58 x 131.05
  • Additional Parcels: No
  • Parcel #: 139-54-020

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 972.0

Tax Info

  • Tax Annual Amount: 972.0
  • Tax Book Number: 139.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Mar 19, 2025
Sold by
Sfr Rs Owner Lp
Bought by
Bremer Matthew
Seller's Agent
James Diller
Real Broker
Buyer's Agent
Stephen Phelps
eXp Realty
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
36
Current Estimated Value
$413,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,044
Avg. Annual Appreciation
4.43%
Original Mortgage
$360,000
Outstanding Balance
$357,201
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$55,843

Purchase Details

Closed on
Dec 14, 2021
Sold by
Rs Phoenix Owner 2 Lp
Bought by
Star 2021 Sfr2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,412,980
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2019
Closed on
Dec 9, 2019
Sold by
Caroll Justin and Carroll Claer
Bought by
Rs Phoenix Owner 2 Lp
Seller's Agent
Carla Magee
My Home Group Real Estate
Buyer's Agent
Corey Wilson
HomeSmart
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%

Purchase Details

Listed on
Jul 16, 2014
Closed on
Aug 12, 2014
Sold by
American Collateral Buyers Llc
Bought by
Carroll Justin and Carroll Claer
Seller's Agent
Chad Arend
Realty Executives Arizona Territory
Buyer's Agent
Mary Cobb
Ravenswood Realty
List Price
$110,000
Sold Price
$102,000
Premium/Discount to List
-$8,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.27%
Original Mortgage
$75,750
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2009
Sold by
Bank Of New York
Bought by
American Collateral Buyers Llc

Purchase Details

Closed on
Dec 10, 2008
Sold by
Pengelly John J and Pengelly Sheri L
Bought by
Bank Of New York

Purchase Details

Closed on
Apr 18, 2005
Sold by
Wustner James F and Chobanian Patricia R
Bought by
Pengelly John J and Pengelly Sheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 31, 2001
Sold by
Olsen Frances E
Bought by
Olsen Frances E

Purchase Details

Closed on
Oct 28, 1999
Sold by
Stevenson John D
Bought by
Wustner James F and Chobanian Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
7.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 1996
Sold by
Mccluskey Harry L and Mccluskey Dorothe L
Bought by
Stevenson John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,477
Interest Rate
7.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 17, 1996
Sold by
Olsen Robert Norton and Olsen Frances E
Bought by
Olsen Robert Norton and Olsen Frances E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Bremer Matthew $400,000 Stewart Title
Star 2021 Sfr2 Borrower Lp -- Os National
Rs Phoenix Owner 2 Lp $260,000 Premier Title Agency
Carroll Justin $101,000 Lawyers Title Of Arizona Inc
American Collateral Buyers Llc $54,000 First American Title Ins Co
Bank Of New York $157,250 First American Title
Pengelly John J $215,000 Title Security Agency Of Az
Olsen Frances E -- --
Wustner James F $97,500 Security Title Agency
Stevenson John D $89,000 North American Title Agency
Olsen Robert Norton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bremer Matthew $360,000
Previous Owner Star 2021 Sfr2 Borrower Lp $256,412,980
Previous Owner Carroll Justin $75,750
Previous Owner Pengelly John J $172,000
Previous Owner Wustner James F $87,750
Previous Owner Stevenson John D $19,477
Closed Pengelly John J $21,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2025 04/07/25 Sold $400,000 +0.3% $208 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $399,000 -0.3% $207 / Sq Ft
02/25/2025 02/25/25 Off Market $400,000 -- --
02/18/2025 02/18/25 Price Changed $399,000 -5.0% $207 / Sq Ft
01/30/2025 01/30/25 Price Changed $420,000 -3.4% $218 / Sq Ft
12/20/2024 12/20/24 For Sale $435,000 0.0% $226 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/09/2024 12/09/24 Price Changed $435,000 -5.4% $226 / Sq Ft
11/06/2024 11/06/24 Price Changed $460,000 -5.2% $239 / Sq Ft
10/10/2024 10/10/24 Price Changed $485,000 -3.0% $252 / Sq Ft
09/13/2024 09/13/24 Price Changed $499,900 -4.8% $259 / Sq Ft
08/22/2024 08/22/24 For Sale $525,000 +101.9% $272 / Sq Ft
12/10/2019 12/10/19 Sold $260,000 -1.9% $135 / Sq Ft View Prior Sale
11/11/2019 11/11/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $265,000 +159.8% $138 / Sq Ft
08/20/2014 08/20/14 Sold $102,000 -7.3% $53 / Sq Ft View Prior Sale
07/26/2014 07/26/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $110,000 -- $57 / 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 $969 $9,822 -- --
2024 $972 $9,354 -- --
2023 $972 $31,370 $6,270 $25,100
2022 $952 $21,010 $4,200 $16,810
2021 $963 $17,820 $3,560 $14,260
2020 $951 $16,610 $3,320 $13,290
2019 $888 $14,130 $2,820 $11,310
2018 $853 $12,950 $2,590 $10,360
2017 $827 $10,900 $2,180 $8,720
2016 $812 $9,560 $1,910 $7,650
2015 $763 $9,060 $1,810 $7,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6747442

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-54-020