NOT LISTED FOR SALE
63 Beds
-- Bath
1,400 Sq Ft
1983 Built

Last Sold December 08, 2017

Last sale price $2,900,000 $2,071 Per Sq Ft

196 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A
  • Community Barbecue Grill

About This Home

As of December 2017

Villa Del Prado is a 44-unit garden-style apartment community located in a desirable central Mesa neighborhood. Built in 1983, the property is made of wood frame and stucco construction with pitched tile roofs and is individually- metered for electricity.
The property has a unit mix consisting of one and two-bedroom floor plans that are spacious, well designed and average approximately 707 square feet. Interior unit features include fully appointed kitchens with electric appliances, ceramic tile flooring, window shade screens, mini blinds, ample closet space and ceiling fans.

Last Agent to Sell the Property

Jeff Seaman

CBRE, Inc License #SA551921000 Listed on: 04/11/2017

Last Buyer's Agent

Jeff Seaman

CBRE, Inc License #SA551921000 Listed on: 04/11/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,005

Year Built

  • Built in 1983

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 60 Open Parking Spaces
  • 64 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for water
  • Legal Lot and Block 4 / 1
  • Assessor Parcel Number 139-36-035

Community Details

Overview

  • 7 Buildings
  • 44 Units
  • Building Dimensions are 238.50' x 270'
  • Almond Place Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $7,005
  • Gross Income $330,559
  • Net Operating Income $184,392

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,005

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 7
  • Year Built: 1983
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: ALMOND PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 60.0
  • Total Parking Spaces: 64.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 60.0
  • General Property Description:Total Parking Spcs: 64.0
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes

Lot Info

  • Lot Size: 238.50' x 270'
  • Additional Parcels: Yes
  • Parcel #: 139-36-035

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 44
  • Annual Gross Income: 330559.2
  • Property Net Operating Income: 184392.0
  • Annual Operating Expense: 7004.82
  • Vacancy Allowance Rate: 0.07

Tax Info

  • Tax Annual Amount: 7004.82
  • Tax Block: 1
  • Tax Book Number: 139.00
  • Tax Lot: 4
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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
12/08/2017 12/08/17 Sold $2,900,000 -3.3% $2,071 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $3,000,000 -- $2,143 / 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 $7,748 $78,536 -- --
2024 $7,772 $74,796 -- --
2023 $7,772 $288,670 $56,140 $232,530
2022 $7,611 $209,210 $40,690 $168,520
2021 $7,704 $195,230 $37,970 $157,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5588895

Arizona Regional Multiple Listing Service (ARMLS)