NOT LISTED FOR SALE

45 N Phyllis Unit 5 Mesa, AZ 85201

West Main Neighborhood
8 Beds
4 Baths
704 Sq Ft
1986 Built

Last Sold September 24, 2015

Last sale price $218,000 $310 Per Sq Ft

27 Days on Market

Highlights

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

About This Home

As of September 2015

All new cabinets, counter-tops, wood floors,water-heaters,3 new air conditioning units and more Super Value with good cash flow!! Walk to Light Rail, newer built community with pool and community laundry. Right on boarder of Tempe which is home to Arizona State University. Also next to the 101 taking you to Scottsdale or Chandler. Just a super location. This is not a short sale or foreclosed property. All facts and figures approximate. Buyer to verify to their satisfaction.
Building is full , all 4 tenants paid $559.63 * 4 * 12 = $26,862.24 Gross rent income. all good tenants , professional run building.

Last Agent to Sell the Property

Morten Pedersen

Lori Blank & Associates, LLC License #BR635605000 Listed on: 07/07/2015

Last Buyer's Agent

Cliff Hallenbeck

R & C Real Estate Investments, LLC License #SA501618000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Free Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 5
  • Assessor Parcel Number 135-45-129

Community Details

Overview

  • 4 Units
  • Building Dimensions are 2914
  • Victoria Manor Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $8,564
  • Gross Income $25,519
  • Net Operating Income $18,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,064

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Main and Dobson
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2014
  • Directions: Cross Streets: Main and Dobson Directions: West To Phyllis-North to complex, east to building 5
  • Road Surface Type: Asphalt
  • Subdivision Name: Victoria Manor
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Built-In Range, Other, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Community Features:Pool2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Free, Assigned
  • 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:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • 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, Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Other
  • High School: Other
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 2914
  • Additional Parcels: No
  • Parcel #: 135-45-129

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 25518.9
  • Insurance Expense: 900.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 18720.0
  • Annual Operating Expense: 8564.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1064.0
  • Tax Book Number: 135.00
  • Tax Lot: 5

Range of Values:

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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 Change Sq Ft Price
09/24/2015 09/24/15 Sold $218,000 -0.9% $310 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $220,000 -- $313 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Morten Pedersen

    Seller's Agent in 2015

    Morten Pedersen

    Lori Blank & Associates, LLC

    (480) 289-9821

    1 Total Sale

    Morten Pedersen
    Section Image
  • Cliff Hallenbeck

    Buyer's Agent in 2015

    Cliff Hallenbeck

    R & C Real Estate Investments, LLC

    (480) 694-9770

    16 Total Sales

    Cliff Hallenbeck
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5304189

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Mesa 85201 West Main

45 N Phyllis Unit 5, Mesa, AZ

This home is located at 45 N Phyllis Unit 5, Mesa, AZ 85201 since 07 July 2015. This property was built in 1986. 45 N Phyllis Unit 5 is a home located in Maricopa County with nearby schools including Webster Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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