$320,000
SOLD APR 5, 2017
-- Bed
-- Bath
1,579 Sq Ft
6,186 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

129% Above List Price

16 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of December 2018

100% Occupied! Great Money Making Duplex in Central Mesa. This area is in high demand and can have added value with raising rents from $600 to $650. Each unit has backyards and washer dryer hookups. Centrally located close to shopping, schools and employment. Priced below market, act quickly to grab this great investment property in this hot market. Showings only with accepted offer-Drive by only do not disturb the tenants.

Last Agent to Sell the Property

Heather Cates

Citiea License #BR539874000 Listed on: 03/03/2017

Last Buyer's Agent

Jim Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR534149000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $702

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 30
  • Assessor Parcel Number 139-24-175

Community Details

Overview

  • 2 Units
  • Building Dimensions are 61' x 99'
  • Haws Subdivision

Building Details

  • Operating Expense $4,570
  • Gross Income $7,200
  • Net Operating Income $9,874

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$702

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr. & Broadway
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2016
  • Directions: Mesa Drive to Broadway Road. East on Broadway Road to Pioneer. South on Pioneer to 6th Dr. West on 6th Drive to the property on the South side of the street.
  • Road Surface Type: Concrete, Sidewalk(s)
  • Professional Management Expense: 1427.0
  • Subdivision Name: Haws Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 697.0
  • Annual Water Sewer Expense: 1395.0

Schools

  • Elementary School: Other
  • High School: Other
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 61' x 99'
  • Additional Parcels: No
  • Parcel #: 139-24-175

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 7200.0
  • Maintenance Expense: 349.0
  • Property Net Operating Income: 9874.0
  • Annual Operating Expense: 4570.0
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 702.0
  • Tax Book Number: 139.00
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 11, 2018
Sold by
O Homes Llc
Bought by
Garcia Rogelio
Seller's Agent
John Ray
West USA Realty
Buyer's Agent
Jose Munoz
DPR Realty LLC
List Price
$179,000
Sold Price
$179,000
Current Estimated Value
$401,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,702
Avg. Annual Appreciation
13.08%
Original Mortgage
$134,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2017
Closed on
Jul 28, 2017
Sold by
Luke & Jimmy Llc
Bought by
O Homes Llc
Seller's Agent
Jim Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$159,000
Sold Price
$149,000
Premium/Discount to List
-$10,000
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%

Purchase Details

Listed on
Feb 16, 2012
Closed on
Mar 29, 2012
Sold by
Federal National Mortgage Association
Bought by
Phxx Inc
Seller's Agent
Jesse Herfel
My Home Group Real Estate
Buyer's Agent
Debbie Gendron
West USA Realty
List Price
$57,000
Sold Price
$70,000
Premium/Discount to List
$13,000
22.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%

Purchase Details

Closed on
Jun 13, 2011
Sold by
Nunez Jose A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 26, 2007
Sold by
Nunez Jose A
Bought by
Nunez Jose A and Anchondo Alma Rosa Nunez

Purchase Details

Closed on
Sep 5, 2007
Sold by
Anchondo Alma Rosa Nunez
Bought by
Nunez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,550
Interest Rate
6.67%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $179,000 Landmark Title Assurance Age
Warranty Deed $149,000 Lawyers Title Of Arizona Inc
Special Warranty Deed $70,000 Service Link
Trustee Deed $137,534 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $115,920 New Conventional
Closed $134,250 New Conventional
Previous Owner $49,820 Unknown
Previous Owner $134,550 New Conventional
Previous Owner $75,000 Unknown
Previous Owner $61,079 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $179,000 0.0% $113 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $179,000 +20.1% $113 / Sq Ft
08/10/2017 08/10/17 Sold $149,000 -6.3% $94 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $159,000 0.0% $101 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
05/09/2017 05/09/17 Price Changed $159,000 -5.9% $101 / Sq Ft
05/05/2017 05/05/17 Price Changed $169,000 -0.6% $107 / Sq Ft
04/21/2017 04/21/17 For Sale $170,000 -46.9% $108 / Sq Ft
04/05/2017 04/05/17 Sold $320,000 +128.6% $203 / Sq Ft
03/19/2017 03/19/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $140,000 +100.0% $89 / Sq Ft
03/29/2012 03/29/12 Sold $70,000 +22.8% $44 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $57,000 -- $36 / 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 $833 $8,485 -- --
2024 $840 $8,081 -- --
2023 $840 $30,030 $6,000 $24,030
2022 $822 $21,200 $4,240 $16,960
2021 $832 $17,510 $3,500 $14,010
2020 $821 $15,950 $3,190 $12,760
2019 $768 $12,600 $2,520 $10,080
2018 $737 $11,700 $2,340 $9,360
2017 $715 $10,180 $2,030 $8,150
2016 $702 $9,450 $1,890 $7,560
2015 $659 $7,980 $1,590 $6,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5571112

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-24-175