Seller's Agent in 2021
Aimee Lunt
Real Broker
(480) 228-0320
1 in this area
131 Total Sales
450 W University Dr Mesa, AZ 85201
Riverview NeighborhoodEstimated Value: $551,000 - $695,000
--
Bed
--
Bath
2,860
Sq Ft
$210/Sq Ft
Est. Value
Highlights
- Cooling Available
- Carpet
- Heat Pump System
- Franklin at Brimhall Elementary School Rated A
About This Home
As of September 2021Fully rented 4-plex conveniently located in Mesa. 3 x 1-bedroom units and 1 x 2-bedroom units. Many improvements made in 2020 including; new roof, paint/updates to exterior, water heaters, electrical, etc...
Close to shopping, freeways and more!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,321
Year Built
- Built in 1965
Lot Details
- 10,454
Home Design
- Composition Roof
- Block Exterior
Flooring
- Carpet
Parking
- 8 Open Parking Spaces
- 12 Parking Spaces
- Carport
- Over 1 Space Per Unit
Schools
- Emerson Elementary School
- Westwood High School
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Assessor Parcel Number 135-25-050-A
Community Details
Overview
- 4 Units
- Building Dimensions are 68' x 147'
Building Details
- Operating Expense $1,321
- Gross Income $31,800
- Net Operating Income $26,255
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2021
Closed on
Aug 10, 2021
Sold by
Vo Quynh D and Miskovic Velizar
Bought by
Jain Shalabh and Gupta Neha
Seller's Agent
Aimee Lunt
Real Broker
Buyer's Agent
Aimee Lunt
Real Broker
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,731
Avg. Annual Appreciation
2.92%
Original Mortgage
$393,750
Outstanding Balance
$361,393
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$226,413
Purchase Details
Listed on
Oct 30, 2018
Closed on
Jan 8, 2019
Sold by
450 University Llc
Bought by
Vo Quynh D and Miskovic Velizar
Seller's Agent
Sacha Blanchet
Coldwell Banker Realty
Buyer's Agent
Aimee Lunt
Real Broker
List Price
$348,888
Sold Price
$305,000
Premium/Discount to List
-$43,888
-12.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.46%
Original Mortgage
$228,750
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2008
Sold by
Kai John L
Bought by
450 University Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 26, 2008
Sold by
Noble Property Acquisitions Llc
Bought by
Kai John L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 25, 2008
Sold by
Cohen Daniel
Bought by
Noble Property Acquisitions Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 31, 2007
Sold by
D & J Cohen Llc
Bought by
Cohen Daniel
Purchase Details
Closed on
Sep 2, 2005
Sold by
Cohen Daniel
Bought by
D & J Cohen Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
3%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jul 6, 2005
Sold by
Cohen Barbara
Bought by
Cohen Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
3%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jul 31, 2003
Sold by
Burgher Jon R and Burgher Michelle
Bought by
J R Burgher Properties Llc
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
5.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 1, 2003
Sold by
Burgher Jon R
Bought by
Burgher Jon R and Burgher Michelle
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
5.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 18, 2002
Sold by
Burgher Michelle L
Bought by
Burgher Jon R
Purchase Details
Closed on
Sep 13, 2002
Sold by
Legrande Investments Llc
Bought by
Burgher Jon R
Purchase Details
Closed on
Jun 23, 2000
Sold by
Burgher Jon R and Burgher Michelle L
Bought by
Legrande Investments Llc
Purchase Details
Closed on
Jul 18, 1997
Sold by
Bicer Sakif and Zak Sherry
Bought by
Burgher Jon R and Burgher Michelle L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
7.58%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 10, 1997
Sold by
Tiffany Llc
Bought by
Bicer Sakif and Zak Sherry
Purchase Details
Closed on
Mar 17, 1997
Sold by
Currie Glenn S and Currie Barbara H
Bought by
Tiffany Llc
Purchase Details
Closed on
Aug 30, 1995
Sold by
Bruhn Jeffry C and Bruhn Jeffrey C
Bought by
Currie Glenn and Currie Barbara H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.88%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 24, 1977
Sold by
Hutchison Frank L and Hutchison Gwendolyn J
Bought by
Banchik Norman and Banchik Helen
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jain Shalabh | $525,000 | Clear Title Agency Of Az | |
| Vo Quynh D | -- | Equity Title | |
| Vo Quynh D | $305,000 | Equity Title Agency Inc | |
| 450 University Llc | -- | None Available | |
| Kai John L | $245,000 | Fidelity National Title | |
| Cohen Daniel | -- | Fidelity National Title | |
| Noble Property Acquisitions Llc | $223,500 | Fidelity National Title | |
| Cohen Daniel | -- | None Available | |
| D & J Cohen Llc | -- | -- | |
| Cohen Daniel | -- | Ticor Title Agency Of Az Inc | |
| Cohen Daniel | $297,000 | Ticor Title Agency Of Az Inc | |
| J R Burgher Properties Llc | -- | Stewart Title & Trust Of Pho | |
| Burgher Jon R | -- | Stewart Title & Tr Phoenix | |
| Burgher Jon R | -- | Stewart Title & Trust | |
| Burgher Jon R | -- | Stewart Title & Trust | |
| Legrande Investments Llc | -- | -- | |
| Burgher Jon R | $118,000 | Stewart Title & Trust | |
| Bicer Sakif | $97,000 | Chicago Title Insurance Co | |
| Tiffany Llc | -- | Chicago Title Insurance Co | |
| Currie Glenn | $83,000 | Fidelity Title | |
| Banchik Norman | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jain Shalabh | $393,750 | |
| Previous Owner | Miskovic Velizar | $207,950 | |
| Previous Owner | Miskovic Velizar | $207,768 | |
| Previous Owner | Vo Quynh D | $228,750 | |
| Previous Owner | Kai John L | $238,000 | |
| Previous Owner | Cohen Daniel | $237,600 | |
| Previous Owner | Burgher Jon R | $122,250 | |
| Previous Owner | Burgher Jon R | $94,400 | |
| Previous Owner | Currie Glenn | $900,000 | |
| Closed | Burgher Jon R | $11,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2021 09/15/21 | Sold | $525,000 | 0.0% | $184 / Sq Ft |
| 07/30/2021 07/30/21 | Pending | -- | -- | -- |
| 07/29/2021 07/29/21 | For Sale | $525,000 | +72.1% | $184 / Sq Ft |
| 01/10/2019 01/10/19 | Sold | $305,000 | -10.0% | $107 / Sq Ft |
| 11/28/2018 11/28/18 | Pending | -- | -- | -- |
| 11/16/2018 11/16/18 | Price Changed | $338,888 | -2.9% | $118 / Sq Ft |
| 11/14/2018 11/14/18 | For Sale | $348,888 | 0.0% | $122 / Sq Ft |
| 11/08/2018 11/08/18 | Pending | -- | -- | -- |
| 10/30/2018 10/30/18 | For Sale | $348,888 | -- | $122 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,339 | $13,640 | -- | -- |
| 2024 | $1,350 | $12,991 | -- | -- |
| 2023 | $1,350 | $48,860 | $9,770 | $39,090 |
| 2022 | $1,322 | $32,580 | $6,510 | $26,070 |
| 2021 | $1,338 | $27,620 | $5,520 | $22,100 |
| 2020 | $1,321 | $24,320 | $4,860 | $19,460 |
| 2019 | $1,234 | $20,110 | $4,020 | $16,090 |
| 2018 | $1,184 | $17,730 | $3,540 | $14,190 |
| 2017 | $1,149 | $14,960 | $2,990 | $11,970 |
| 2016 | $1,128 | $14,200 | $2,840 | $11,360 |
| 2015 | $1,060 | $12,860 | $2,570 | $10,290 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2019
Sacha Blanchet
Coldwell Banker Realty
(602) 882-4921
206 Total Sales
-
D
Seller Co-Listing Agent in 2019
Daniel Clausen
Coldwell Banker Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6271145
APN: 135-25-050A
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.
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
Nearby Homes
- 340 W University Dr Unit 1
- 455 W 5th Place
- 227 N Morris
- 440 W 1st St
- 141 N Date Unit 6
- 141 N Date Unit 7
- 140 W University Dr
- 658 N Hosick Cir
- 633 W 1st St
- 655 N Robson
- 710 W 1st St
- 921 W University Dr Unit 1191
- 458 N Drew St W
- 225 W 1st St Unit 134
- 639 W Pepper Place Unit 107
- 639 W Pepper Place Unit A102
- 639 W Pepper Place Unit 109
- 420 W Mahoney Ave
- 31 W 2nd St
- 127 W Pepper Place Unit A108
- 450 W University Dr Unit 3
- 450 W University Dr Unit 4
- 450 W University Dr Unit 2
- 450 W University Dr Unit 1
- 442 W University Dr
- 504 W University Dr
- 434 W University Dr Unit 3
- 434 W University Dr Unit 2
- 434 W University Dr
- 434 W University Dr Unit 1
- 434 W University Dr Unit 4
- 455 W University Dr
- 506 W University Dr
- 447 W University Dr
- 453 W University Dr
- 428 N Vineyard
- 430 W University Dr
- 461 W University Dr
- 503 W University Dr
- 448 W 3rd Place