NOT LISTED FOR SALE

Estimated Value: $556,000 - $759,000

8 Beds
-- Bath
2,816 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $660,000 $234 Per Sq Ft

Current estimated payment $3,727/month

3 Days on Market

Highlights

  • Community Playground
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Central Air

About This Home

As of March 2022

Excellent investment property in Victoria Manor with good cash flow. I have owned this unit for 10 years and occupancy has been very high. Four 2 Bedroom/1 Bath units. Fully occupied, tenants pay for their own electricity. Community laundry and plenty of parking. New shingle roof installed March 2019 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. Current gross income $4078

Last Agent to Sell the Property

Sid Rosenblatt

My Home Group Real Estate License #SA677298000 Listed on: 02/04/2022

My Home Group Real Estate

Last Buyer's Agent

Melissa Pimentel

Call Realty, Inc. License #SA665985000

Call Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1986

Lot Details

  • 3,267

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 4 Parking Spaces
  • 1 Covered Space
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 135-45-127

Community Details

Overview

  • 4 Units
  • Building Dimensions are 2817
  • Victoria Manor Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $9,994
  • Gross Income $47,229
  • Net Operating Income $31,723

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,295

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Dobson and Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: VICTORIA MANOR
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Community Features Play Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Annual Water Sewer Expense: 1862.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 2817
  • Additional Parcels: No
  • Parcel #: 135-45-127

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 47229.25
  • Insurance Expense: 1113.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 31723.0
  • Annual Operating Expense: 9994.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1295.0
  • Tax Book Number: 135.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2025
Sold by
Kidd Tania M and Kidd Joseph F
Bought by
101 Apache Group Llc
Current Estimated Value
$661,112

Purchase Details

Closed on
Jun 24, 2022
Sold by
Nguyen and Vinh
Bought by
Kidd Tania M and Kidd Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,250
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2020
Sold by
North Phyllis Llc
Bought by
Nguyen Liz and Dang Vinh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2019
Sold by
Rosenberg Peter A and Owen Ronald T
Bought by
North Phyllis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2014
Sold by
Rosenberg Peter A and Owen Ronald T
Bought by
North Phyllis Llc

Purchase Details

Closed on
Oct 21, 2013
Sold by
Cup Coffee
Bought by
Rosenberg Peter A and Owen Ronald T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,125
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2011
Sold by
Tew Thomas
Bought by
Coffee Cup A Llc

Purchase Details

Closed on
Feb 7, 2011
Sold by
Us Bank National Association
Bought by
Tew Thommas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,700
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2008
Sold by
D S & S Properties Llc
Bought by
Ross Scott

Purchase Details

Closed on
Dec 2, 2005
Sold by
Ross Scott
Bought by
Ds & S Properties Llc

Purchase Details

Closed on
Sep 13, 2005
Sold by
T Town Llc
Bought by
Ross Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2005
Sold by
Dicarlo Philip and Dicarlo Tamara
Bought by
Mudd Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,935
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2001
Sold by
Vazquez Astron and Vazquez Adriana
Bought by
Dicarlo Philip and Dicarlo Tamara

Purchase Details

Closed on
Dec 3, 1998
Sold by
Lane Jason
Bought by
Vazquez Astron and Vazquez Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,045
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 1998
Sold by
Lane Jason
Bought by
Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,823
Interest Rate
6.79%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
101 Apache Group Llc -- Professional Escrow Services
Kidd Tania M $655,000 Equity Title
Nguyen Liz $465,000 Equity Title Agency Inc
North Phyllis Llc -- Accommodation
Rosenberg Peter A -- Clear Title Agency Of Az
North Phyllis Llc -- Magnus Title Agency
Rosenberg Peter A $165,500 Magnus Title Agency
Coffee Cup A Llc $125,000 American Title Service Agenc
Tew Thommas $71,000 Great American Title
Ross Scott -- None Available
Ds & S Properties Llc -- Orange Coast Title San Berna
Ross Scott $320,000 Commonwealth Title
Mudd Brandon $279,900 Fidelity National Title
Dicarlo Philip $191,045 North American Title Agency
Vazquez Astron $153,500 Fidelity Title
Christopher $152,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kidd Tania M $491,250
Previous Owner Nguyen Liz $348,750
Previous Owner Rosenberg Peter A $230,000
Previous Owner Rosenberg Peter A $124,125
Previous Owner Tew Thommas $49,700
Previous Owner Ross Scott $252,000
Previous Owner Mudd Brandon $181,935
Previous Owner Vazquez Astron $152,045
Previous Owner Christopher $148,823
Closed Mudd Brandon $69,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $660,000 +1.5% $234 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $650,000 +80.6% $231 / Sq Ft
07/10/2019 07/10/19 Sold $360,000 -4.0% $128 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $375,000 0.0% $133 / Sq Ft
05/17/2019 05/17/19 Price Changed $375,000 +4.2% $133 / Sq Ft
04/27/2019 04/27/19 Off Market $360,000 -- --
04/26/2019 04/26/19 For Sale $425,000 0.0% $151 / Sq Ft
03/21/2019 03/21/19 For Sale $425,000 0.0% $151 / Sq Ft
03/27/2015 03/27/15 Rented $550 0.0% --
03/20/2015 03/20/15 Under Contract -- -- --
01/05/2015 01/05/15 For Rent $550 -- --
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 $1,298 $13,225 -- --
2024 $1,309 $12,596 -- --
2023 $1,309 $47,660 $9,530 $38,130
2022 $1,282 $35,800 $7,160 $28,640
2021 $1,297 $28,900 $5,780 $23,120
2020 $1,281 $26,630 $5,320 $21,310
2019 $1,196 $20,470 $4,090 $16,380
2018 $1,148 $17,650 $3,530 $14,120
2017 $1,114 $15,080 $3,010 $12,070
2016 $1,093 $15,860 $3,170 $12,690
2015 $1,028 $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: 6351596

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-45-126