NOT LISTED FOR SALE

Estimated Value: $777,220 - $925,000

8 Beds
-- Bath
3,370 Sq Ft
$250/Sq Ft Est. Value

Last Sold July 04, 2022

Last sale price $815,000 $242 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,762/month

31 Days on Market

Highlights

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

About This Home

As of July 2022

Amazing single level, 4 Plex, built in 2002 with block construction this property does not compare to the 1980 stucco built in the area. These units are individually metered for Water and Electric. The owners have maintained and improved this property since 2013 purchase with updated bathrooms, kitchens and tile. The units are 2 bedroom/2 bath with individual washer/dryers in each unit, covered parking and storage sheds. This property is located in the desirable neighborhood of west Mesa and close to everything imaginable. Residents enjoy the accessibility to downtown Mesa's museums, theaters, and nightlife: ASU, Mesa Riverview, Tempe Marketplace, Cubs Stadium and freeway access. Land available next to property-MLS
6405511. Do not disturb tenants-Drive by only/do not walk the property.

Last Agent to Sell the Property

Heather Cates

HC Realty License #BR539874000 Listed on: 05/25/2022

Last Buyer's Agent

Christopher Tran

My Home Group Real Estate License #SA672381000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 2002

Lot Details

  • 0.35

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Over 1 Space Per Unit
  • Free Parking
  • Paved Parking

Schools

  • Whittier Elementary School
  • Whittier Elementary School - Mesa Middle School
  • Westwood High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 135-11-002-F

Community Details

Overview

  • 4 Units
  • Building Dimensions are 59.95x256.04x59.95x255.92

Building Details

  • Operating Expense $1,960
  • Gross Income $49,920
  • Net Operating Income $60,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,960

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Cross Street: Country Club/N Loop 202
  • Property Type: Multiple Dwellings
  • Zoning: MH
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2002
  • Tax Year: 2021
  • Directions: South on Country Club/West on Ivyglen Street, property on North side of the street.
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: F
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved, Free, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: 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: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Whittier Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Whittier Elementary School - Mesa

Lot Info

  • Lot Size: 59.95x256.04x59.95x255.92
  • Additional Parcels: No
  • Parcel #: 135-11-002-F

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 4
  • Annual Gross Income: 49920.0
  • Property Net Operating Income: 60400.0
  • Annual Operating Expense: 1960.0
  • Vacancy Allowance Rate: 0.2

Tax Info

  • Tax Annual Amount: 1960.0
  • Tax Book Number: 135.00
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2025
Sold by
Drevet Benjamin and Wu Han Bin
Bought by
Dresden 2011 Llc
Current Estimated Value
$844,055

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 10, 2022
Sold by
Showalter Lorraine D and Showalter Charles J
Bought by
Drevet Benjamin and Wu Han Bin
Seller's Agent
Heather Cates
HC Realty
Buyer's Agent
Christopher Tran
My Home Group Real Estate
List Price
$799,000
Sold Price
$815,000
Premium/Discount to List
$16,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%
Original Mortgage
$525,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2013
Sold by
Brock Jan G
Bought by
Showalter Lorraine D and Spears Charles J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2001
Sold by
Brock Jan G
Bought by
Brock Daniel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.63%

Purchase Details

Closed on
Dec 10, 1998
Sold by
Williams Ted L and Williams Vonetta L
Bought by
Brock Daniel W

Purchase Details

Closed on
Jan 8, 1997
Sold by
A S I Self Storage Llc
Bought by
Williams Ted Lorimer and Williams Vonetta L

Purchase Details

Closed on
Apr 12, 1994
Sold by
Henderson Gerry D and Henderson Terry D
Bought by
Henderson Construction Company Inc
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Dresden 2011 Llc -- None Listed On Document
Drevet Benjamin $815,000 Netco Title
Showalter Lorraine D $180,000 First American Title Insuran
Brock Daniel W -- Chicago Title Insurance Co
Brock Daniel W $30,000 Chicago Title Insurance Co
Williams Ted Lorimer $12,000 Stewart Title & Trust
Henderson Construction Company Inc $6,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drevet Benjamin $525,000
Previous Owner Showalter Lorraine D $126,430
Previous Owner Showalter Lorraine D $135,000
Previous Owner Brock Daniel W $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2022 07/04/22 Sold $815,000 +2.0% $242 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/25/2022 06/25/22 Price Changed $799,000 0.0% $237 / Sq Ft
05/25/2022 05/25/22 For Sale $799,000 -- $237 / 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 $1,961 $19,980 -- --
2024 $1,977 $19,029 -- --
2023 $1,977 $60,830 $12,160 $48,670
2022 $1,936 $39,980 $7,990 $31,990
2021 $1,960 $33,830 $6,760 $27,070
2020 $1,934 $30,850 $6,170 $24,680
2019 $1,807 $26,160 $5,230 $20,930
2018 $1,735 $23,410 $4,680 $18,730
2017 $1,683 $19,680 $3,930 $15,750
2016 $1,652 $19,430 $3,880 $15,550
2015 $1,552 $16,950 $3,390 $13,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6405513

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-11-002F