NOT LISTED FOR SALE

Estimated Value: $339,129 - $445,000

3 Beds
2 Baths
1,326 Sq Ft
$303/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $410,000 $309 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,184/month

12 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of August 2022

Duplex with great cash flow. New Roof 2019. and newer AC. A two bedroom/one bath and a one bedroom/one bath. Each unit has its own covered carport and fenced back yard. PLEASE DO NOT DISTURB TENANTS. Buyer to verify all Facts & Figures

Last Agent to Sell the Property

Frankie Mae Rojas

Platinum Living Realty License #SA666142000 Listed on: 07/20/2022

Last Buyer's Agent

Frankie Mae Rojas

W and Partners, LLC License #SA666142000

W and Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $753

Year Built

  • Built in 1960

Lot Details

  • 7,057

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Schools

  • Westwood High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 137-26-006

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7034 SQFT
  • Biggs Add Amd Subdivision

Building Details

  • Operating Expense $5,581
  • Gross Income $25,440
  • Net Operating Income $20,105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$753

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: COUNTRY CLUB AND UNIVERSITY
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: DUPLEX
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2021
  • Directions: W on University to Drew, then continue on Drew to the right.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1780.0
  • Subdivision Name: BIGGS ADD AMD
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • 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, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: Other (See Remarks), City Electric
  • Cooling: Other, See Remarks, Electric
  • Heating: Other, See Remarks, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Trash Expense: 540.0
  • Annual Water Sewer Expense: 540.0

Schools

  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 7034 SQFT
  • Additional Parcels: No
  • Parcel #: 137-26-006

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 25440.0
  • Insurance Expense: 968.0
  • Maintenance Expense: 200.0
  • Property Net Operating Income: 20105.0
  • Annual Operating Expense: 5581.0

Tax Info

  • Tax Annual Amount: 753.0
  • Tax Book Number: 137.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 1, 2022
Sold by
Sabio Assets Llc
Bought by
Romo Robert Charles
Seller's Agent
Frankie Mae Rojas
Platinum Living Realty
Buyer's Agent
Frankie Mae Rojas
W and Partners, LLC
List Price
$410,000
Sold Price
$410,000
Views
3
Current Estimated Value
$401,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,468
Avg. Annual Appreciation
-0.32%
Original Mortgage
$402,573
Outstanding Balance
$386,886
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$19,066

Purchase Details

Listed on
Apr 23, 2020
Closed on
May 14, 2020
Sold by
Sanchez Raymond F and Liu Maijie
Bought by
Sabio Assets Llc
Seller's Agent
Mike Zahn
Real Broker
Buyer's Agent
Frankie Mae Rojas
W and Partners, LLC
List Price
$249,900
Sold Price
$247,000
Premium/Discount to List
-$2,900
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.39%

Purchase Details

Closed on
Aug 11, 2014
Sold by
Sabo John Frank
Bought by
Sanchez Raymond F and Liu Haijie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2008
Sold by
Hsbc Bank Usa National Association
Bought by
Sabo John Frank and Sabo John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,360
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2008
Sold by
Reyes Manuel C
Bought by
Hsbc Bank Usa National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,360
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2004
Sold by
Oney Gorman P and Juanita Oney M
Bought by
Reyes Manuel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,550
Interest Rate
5.62%
Mortgage Type
New Conventional
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
Romo Robert Charles $410,000 --
Sabio Assets Llc $247,000 First Arizona Title Agency
Sanchez Raymond F $112,000 Lawyers Title Of Arizona Inc
Sabo John Frank $84,200 Landamerica Title Agency
Hsbc Bank Usa National Association $108,000 Landamerica Title Agency
Reyes Manuel C $115,000 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romo Robert Charles $402,573
Previous Owner Sanchez Raymond F $108,500
Previous Owner Sanchez Raymond F $78,400
Previous Owner Sabo John Frank $67,360
Previous Owner Reyes Manuel C $153,200
Previous Owner Reyes Manuel C $111,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $410,000 0.0% $309 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $410,000 +66.0% $309 / Sq Ft
06/04/2020 06/04/20 Sold $247,000 -1.2% $186 / Sq Ft
04/23/2020 04/23/20 For Sale $249,900 -- $188 / 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 $753 $7,676 -- --
2024 $760 $7,311 -- --
2023 $760 $25,060 $5,010 $20,050
2022 $744 $18,730 $3,740 $14,990
2021 $753 $16,130 $3,220 $12,910
2020 $743 $14,420 $2,880 $11,540
2019 $694 $12,050 $2,410 $9,640
2018 $666 $10,850 $2,170 $8,680
2017 $646 $8,910 $1,780 $7,130
2016 $635 $8,170 $1,630 $6,540
2015 $596 $7,160 $1,430 $5,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6435504

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-26-006