NOT LISTED FOR SALE

45 N Phyllis Unit 213 Mesa, AZ 85201

West Main Neighborhood

Estimated Value: $513,763 - $654,000

Studio
1 Bath
700 Sq Ft
$817/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2017

Last sale price $260,000 $371 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,244 / mo

50 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of April 2017

Super Value Fourplex in Victoria Manor with good cash flow. Four 2 Bedroom/1 Bath units. Fully occupied, tenants pay for their own electricity. Community laundry and plenty of parking. New shingle roof installed just last year. Parking lot recently resurfaced and repaired covered parking. These units are in high demand being just steps away from the light rail station. The light rail provides easy access to the Airport, Mesa, Tempe Phoenix, Arizona State University and much more. Complex is close to MCC, Tempe Market Place, Mesa RiverView and easy access to the 101 Freeway. Community laundry. Please do not disturb the tenants.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 02/13/2017

Last Buyer's Agent

Jose Munoz

DeLex Realty License #SA530866000

DeLex Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,087

Year Built

  • Built in 1986

Lot Details

  • 3,267

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Webster Elementary School
  • Carson Junior High Middle School
  • Westwood High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 7
  • Assessor Parcel Number 135-45-131

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Victoria Manor Lot 1 8 Tract A C Subdivision

Building Details

  • Operating Expense $4,687

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,087

Year Built

Built in 1986

Lot Details

3,267 Sq Ft Lot

Listing Details

  • Cross Street: Dobson & Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: VICTORIA MANOR LOT 1-8 TRACT A-C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • 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:Carport: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Webster Elementary School
  • High School: Westwood High School
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 135-45-131

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 4687.0

Tax Info

  • Tax Annual Amount: 1087.0
  • Tax Book Number: 135.00
  • Tax Lot: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2019
Sold by
Bought by
Current Estimated Value
$571,588

Purchase Details

Closed on
Jan 15, 2019
Sold by
Bought by

Purchase Details

Listed on
Feb 13, 2017
Closed on
May 10, 2017
Sold by
Bought by
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Jose Munoz
DeLex Realty
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$195,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,867
Interest Rate
7.09%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$260,000 Empire West Title Agency
$163,000 Magnus Title Agency
$130,000 American Title Service Agenc
$61,000 North American Title Company
$287,000 --
-- Commonwealth Title
$245,000 Commonwealth Title
$186,500 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $195,000
Previous Owner $122,250
Previous Owner $48,000
Previous Owner $229,600
Previous Owner $195,000
Previous Owner $183,867
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $260,000 -3.7% $371 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/10/2017 03/10/17 Price Changed $269,900 -3.3% $386 / Sq Ft
02/13/2017 02/13/17 For Sale $279,000 0.0% $399 / Sq Ft
01/12/2015 01/12/15 Rented $525 0.0% --
01/01/2015 01/01/15 Under Contract -- -- --
11/17/2014 11/17/14 For Rent $525 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,298 $13,152
2024 $1,302 $12,526
2023 $1,302 $47,660 $9,530 $38,130
2022 $1,275 $35,800 $7,160 $28,640
2021 $1,290 $28,900 $5,780 $23,120
2020 $1,273 $26,630 $5,320 $21,310
2019 $1,190 $20,470 $4,090 $16,380
2018 $1,142 $17,650 $3,530 $14,120
2017 $1,108 $15,080 $3,010 $12,070
2016 $1,087 $15,860 $3,170 $12,690
2015 $1,022 $15,680 $3,130 $12,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5560720

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-45-131

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