NOT LISTED FOR SALE

4447 E Contessa St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $478,648

4 Beds
-- Bath
2,056 Sq Ft
$233/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $360,000 $175 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,612/month

16 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 5-minute walk to Pequeño Park
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of June 2021

Very nice duplex for sale. Great investment property. Two units currently occupied by long-term tenants. One 2 bed 2 bath unit and one 2 bed 1 bath unit. Each has 2 bedroom 1 full bath. Great location just minutes from freeways and shopping. Both units come with a large living room, hard and laminate flooring with updates. Each unit has its own laundry room/ storage room with washer/ dryer hook-up. Low maintenance backyard. Property offers 2 covered carports plus slab driveway for extra parking.

Last Agent to Sell the Property

Jefferson Schneider

Clear Property Management License #BR653127000 Listed on: 05/17/2021

Last Buyer's Agent

Josh Strong

Nhimble Homes License #SA687584000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,297

Year Built

  • Built in 1980

Lot Details

  • 7,057

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Carport
  • Free Parking

Schools

  • O'connor Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 28
  • Assessor Parcel Number 140-15-040

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7055 sq ft
  • Greenfield Estates Unit 1 Subdivision

Building Details

  • Operating Expense $1,297
  • Gross Income $17,595
  • Net Operating Income $14,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,297

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: University Dr and Greenfield Rd
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: RM-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2020
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: GREENFIELD ESTATES UNIT 1
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Free, Carport
  • Attached Garage: No
  • 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 Features:Carport: Yes
  • Parking Features Free2: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: O'Connor Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: 7055 sq ft
  • Additional Parcels: No
  • Parcel #: 140-15-040

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 17595.0
  • Property Net Operating Income: 14955.75
  • Annual Operating Expense: 1297.0
  • Vacancy Allowance Rate: 0.15

Tax Info

  • Tax Annual Amount: 1297.0
  • Tax Book Number: 140.00
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jun 3, 2021
Sold by
Arnett Robert C and Arnett Lanie D
Bought by
Rs Xii Phoenix Owner 1 L P
Seller's Agent
Jefferson Schneider
Clear Property Management
Buyer's Agent
Josh Strong
Nhimble Homes
List Price
$355,000
Sold Price
$360,000
Premium/Discount to List
$5,000
1.41%
Current Estimated Value
$478,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,648
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
Apr 16, 2021
Sold by
Horner Lorene Grace
Bought by
Arnett Robert C and Arnett Lanie D

Purchase Details

Closed on
Aug 11, 2017
Sold by
Horner Lorene G
Bought by
Horner Lorene Grace

Purchase Details

Closed on
Jun 8, 2006
Sold by
Horner James B and Horner Lorene Grace
Bought by
Horner James B and Horner Lorene G

Purchase Details

Closed on
Jan 29, 2003
Sold by
Kolling John M and Kolling Ann Marie
Bought by
Horner James B and Horner Lorene Grace
Source: Public Records
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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
Rs Xii Phoenix Owner 1 L P $360,000 First American Title Ins Co
Arnett Robert C $275,000 Pioneer Title Agency Inc
Horner Lorene Grace -- None Available
Horner James B -- None Available
Horner James B $137,900 Security Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2021 06/23/21 Sold $360,000 +1.4% $175 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $355,000 -- $173 / 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 $1,328 $13,132 -- --
2024 $1,332 $12,507 -- --
2023 $1,332 $34,310 $6,860 $27,450
2022 $1,305 $26,000 $5,200 $20,800
2021 $1,315 $21,560 $4,310 $17,250
2020 $1,297 $19,700 $3,940 $15,760
2019 $1,214 $15,950 $3,190 $12,760
2018 $1,164 $15,380 $3,070 $12,310
2017 $1,129 $12,530 $2,500 $10,030
2016 $1,108 $11,650 $2,330 $9,320
2015 $1,040 $10,270 $2,050 $8,220
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jefferson Schneider

    Clear Property Management

    (480) 507-7905

    1 in this area

    4 Total Sales

    Jefferson Schneider
    Section Image

  • J

    Buyer's Agent in 2021

    Josh Strong

    Nhimble Homes

    Section Image

  • J

    Buyer's Agent in 2021

    Joshua Strong

    HomeSmart

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6240661

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-040

Arizona Maricopa County Mesa 85205 Central Mesa East

4447 E Contessa St, Mesa, AZ

Not Listed for Sale

MultiFamily

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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