NOT LISTED FOR SALE

4423 E Mclellan Rd Mesa, AZ 85205

12 Beds
8 Baths
2,454 Sq Ft
2006 Built

Last Sold November 22, 2017

Last sale price $478,000 $195 Per Sq Ft

67 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Ceiling Fan
  • Bush Elementary School Rated A-
  • Community Playground
  • Individual Controls for Heating

About This Home

As of November 2017

Excellent investment property in a great area. Close to Falcon Field, the 202, schools and shopping. This growing area is tough to beat. These never sit vacant more than a couple days between tenants, 4, 3 bedroom 2 bath units with basements just over 1200 sqft each unit. You won't find that anywhere else in the valley. All carpeting replaced with last round of tenants, tile in basement areas installed in 2016. HOA takes care of common area and pool. Owner pays NO utilities.

Last Listed By

Mark Spinks

Legendary Realty & Management LLC License #BR520304000 Listed on: 09/15/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,103

Year Built

  • Built in 2006

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • Tax Lot 4
  • Assessor Parcel Number 141-72-077

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR

Recreation

  • Community Playground
  • Heated Community Pool

Building Details

  • Operating Expense $12,078
  • Net Operating Income $37,722

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,103

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: Greenfield and McKellips
  • Legal Info Range: Rang
  • Property Type: Multiple Dwellings
  • Zoning: 0
  • Number Of Buildings: 1
  • Year Built: 2006
  • Tax Year: 2014
  • Directions: From Greenfield and McKellips head south to Mclellan and turn left (east) property is on the south side. Bldg. is to the back of the property and to the right of the pool as you pull in.
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Play Area, Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Satellite Dish: Yes
  • Community Amenities:Play Area: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 141-72-077

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 875.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 37722.0
  • Annual Operating Expense: 12078.0

Tax Info

  • Tax Annual Amount: 3103.0
  • Tax Book Number: 141.00
  • Tax Lot: 4

Range of Values:

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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
11/22/2017 11/22/17 Sold $478,000 -1.4% $195 / Sq Ft
09/14/2017 09/14/17 For Sale $485,000 +24.4% $198 / Sq Ft
08/11/2015 08/11/15 Sold $390,000 -8.2% $159 / Sq Ft
05/30/2015 05/30/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $425,000 +23.2% $173 / Sq Ft
12/20/2013 12/20/13 Sold $345,000 -9.2% $141 / Sq Ft
12/07/2013 12/07/13 Pending -- -- --
10/08/2013 10/08/13 For Sale $379,900 -- $155 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5660747

Arizona Regional Multiple Listing Service (ARMLS)