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 Agent to Sell the Property

Mark Spinks

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

Last Buyer's Agent

Ryan Swan

HomeSmart License #SA661174000

HomeSmart

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
  • Road Surface Type: Asphalt
  • Cooling:Ceiling Fan(s): Yes
  • 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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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

  • M

    Seller's Agent in 2017

    Mark Spinks

    Legendary Realty & Management LLC

    Section Image
  • Ryan Swan

    Buyer's Agent in 2017

    Ryan Swan

    HomeSmart

    (602) 733-5455

    45 Total Sales

    Ryan Swan
    Section Image
  • Steve Fowler

    Seller's Agent in 2013

    Steve Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 430-5843

    62 Total Sales

    Steve Fowler
    Section Image
  • Steven Cvetanovich

    Seller Co-Listing Agent in 2013

    Steven Cvetanovich

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 323-5672

    30 Total Sales

    Steven Cvetanovich
    Section Image
  • Justin Cook

    Buyer's Agent in 2013

    Justin Cook

    RE/MAX

    (602) 405-2665

    185 Total Sales

    Justin Cook
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5660747

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Mesa 85205

4423 E Mclellan Rd, Mesa, AZ

Not Listed for Sale

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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