NOT LISTED FOR SALE

4401 E Contessa St Unit 1,2 Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $430,822 - $489,000

-- Bed
-- Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold October 14, 2013

Last sale price $168,900

Est. 176% increase in value since last sale

Current estimated payment $2,568/month

1 Day on Market

Highlights

  • Central Air
  • Heating Available
  • 4-minute walk to Pequeño Park
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2013

BRAND NEW ROOF AND 2 NEW AC UNITS INSTALLED 2013!!! Excellent Investment opportunity. These Duplexes don't come up for sale often. This property has been well cared for as you will quickly see upon arrival. Excellent tenants with high demand.

Last Agent to Sell the Property

Fred Arnett

Dominion Group Properties License #BR526031000 Listed on: 09/13/2013

Last Buyer's Agent

Daniel Rosenbaum

Rosenbaum Realty Group License #BR636314000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $756

Year Built

  • Built in 1980

Lot Details

  • 7,841

Home Design

  • Composition Roof
  • Metal Construction or Metal Frame
  • Stucco

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV, landscaping
  • Tax Lot 37
  • Assessor Parcel Number 140-15-049

Community Details

Overview

  • 2 Units
  • Building Dimensions are Irr

Building Details

  • Operating Expense $1,556
  • Net Operating Income $16,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$756

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: University and Greenfield
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2012
  • Directions: North on Greenfield to Covina, E on Covina to property on Contessa and Covina
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Metal
  • Roof: Composition
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: Irr
  • Additional Parcels: No
  • Parcel #: 140-15-049

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Insurance Expense: 400.0
  • Maintenance Expense: 400.0
  • Property Net Operating Income: 16000.0
  • Annual Operating Expense: 1556.0

Tax Info

  • Tax Annual Amount: 756.0
  • Tax Book Number: 140.00
  • Tax Lot: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2013
Closed on
Nov 6, 2013
Sold by
Johansen Christopher Keith
Bought by
Medved Properties Llc
Seller's Agent
Fred Arnett
Dominion Group Properties
Buyer's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
List Price
$168,900
Sold Price
$168,900
Current Estimated Value
$466,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,374
Avg. Annual Appreciation
8.48%
Original Mortgage
$105,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2013
Closed on
Oct 7, 2013
Sold by
Johansen Annette and Johansen Christopher Keith
Bought by
Johansen Christopher Keith
Seller's Agent
Fred Arnett
Dominion Group Properties
Buyer's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
List Price
$168,900
Sold Price
$168,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2005
Sold by
Welte Dianna L and Nagle Dianna L
Bought by
Welte Dennis A and Welte Dianna L

Purchase Details

Closed on
Jun 3, 2003
Sold by
Ginnaty Michael R and Ginnaty Marjorie K
Bought by
Nagle Dianna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,900
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1997
Sold by
Kelly Leonard A
Bought by
Ginnaty Michael R and Ginnaty Marjorie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.13%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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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
Medved Properties Llc -- None Available
Johansen Christopher Keith -- Great American Title Agency
Johansen Christopher Keith $150,000 Great American Title Agency
Welte Dennis A -- Security Title Agency Inc
Nagle Dianna L $139,900 First American Title Ins Co
Ginnaty Michael R $112,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johansen Christopher Keith $105,000
Previous Owner Nagle Dianna L $111,900
Previous Owner Ginnaty Michael R $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2013 10/14/13 Sold $168,900 0.0% --
09/13/2013 09/13/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $168,900 -- --
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 $1,268 $12,549 -- --
2024 $1,278 $11,951 -- --
2023 $1,278 $33,910 $6,780 $27,130
2022 $1,252 $25,480 $5,090 $20,390
2021 $1,261 $21,310 $4,260 $17,050
2020 $1,244 $19,510 $3,900 $15,610
2019 $1,164 $15,330 $3,060 $12,270
2018 $1,116 $14,610 $2,920 $11,690
2017 $1,083 $11,960 $2,390 $9,570
2016 $1,063 $11,150 $2,230 $8,920
2015 $997 $10,170 $2,030 $8,140
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2013

    Fred Arnett

    Dominion Group Properties

    (480) 231-1731

    1 in this area

    20 Total Sales

    Fred Arnett
    Section Image
  • Daniel Rosenbaum

    Buyer's Agent in 2013

    Daniel Rosenbaum

    Rosenbaum Realty Group

    (480) 588-1333

    26 Total Sales

    Daniel Rosenbaum
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4998128

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-049

Arizona Maricopa County Mesa 85205 Central Mesa East

4401 E Contessa St Unit 1,2, Mesa, AZ

This home is located at 4401 E Contessa St Unit 1,2, Mesa, AZ 85205 since 13 September 2013 and is currently estimated at $466,274. This property was built in 1980. 4401 E Contessa St Unit 1,2 is a home located in Maricopa County with nearby schools including O'Connor 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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