NOT LISTED FOR SALE

45 N Phyllis Unit 7 Mesa, AZ 85201

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

Last Sold July 31, 2014

Last sale price $163,000 $232 Per Sq Ft

243 Days on Market

Highlights

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

About This Home

As of July 2014

Fully Occupied 4 plex in Mesa close to light rail! Turn key. $500 per month rent. New HOA formed amongst the owners. 2 other building for sale in the same complex. 8 Buildings total. Contact Listing Agent for financials. Fully OCCUPIED! Turn Key. Photos are from vacant unit 114 which is now leased.

Last Agent to Sell the Property

Steve Olson

Keller Williams Realty Biltmore Partners License #SA582189000 Listed on: 09/16/2013

Last Buyer's Agent

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $785

Year Built

  • Built in 1986

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 Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $8,489
  • Gross Income $20,417
  • Net Operating Income $8,866

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$785

Year Built

Built in 1986

Lot Details

0

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: 2012
  • Road Surface Type: Asphalt
  • Subdivision Name: Victoria Manor
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, 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:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:Pool2: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3672.0

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 Gross Income: 20417.4
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 8866.0
  • Annual Operating Expense: 8489.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 785.0
  • Tax Book Number: 135.00
  • Tax Lot: 7
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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
07/31/2014 07/31/14 Sold $163,000 -6.9% $232 / Sq Ft
05/17/2014 05/17/14 Pending -- -- --
09/16/2013 09/16/13 For Sale $175,000 -- $249 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4999925

Arizona Regional Multiple Listing Service (ARMLS)