$377,000
SOLD SEP 16, 2021
-- Bed
-- Bath
1,848 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$204 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Multiple Heating Units
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of September 2021

Extremely well-maintained East Mesa Duplex with long-term tenants! One unit features 2 Bedrooms 2 Baths & the second unit has 2 Bedrooms 1 Bath. Both units have tile floors throughout for easy cleaning! Floor Plan features large Living Room! East unit has their own separate outside laundry/storage room! Covered Patios with Block Wall Fencing for privacy and security! Covered parking plus slab driveway for extra parking! Low maintenance desert landscaping! Conveniently located to North 202 Freeway! Shopping, Medical & Bus services nearby too! NO HOA! NEW ROOF in 2019! Please do not look in the windows or knock on the front door - tenant occupied. Unit with 2/2 Rents for $925 Expires 04-30-22 and Unit with 2/1 Rents for $875 Expires 01-31-22

Last Agent to Sell the Property

Laura Mier

Realty ONE Group License #SA038675000 Listed on: 08/08/2021

Last Buyer's Agent

Kerry OConnor

DeLex Realty License #BR027287000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,221

Year Built

  • Built in 1980

Home Design

  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Carport

Schools

  • O'connor Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 25
  • Assessor Parcel Number 140-15-037

Community Details

Overview

  • 2 Units
  • Building Dimensions are 70 x 100
  • Greenfield Estates Unit 1 Subdivision

Building Details

  • Operating Expense $5,159
  • Gross Income $21,600
  • Net Operating Income $16,441

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,221

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Greenfield & University
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: RM-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2020
  • Directions: North on Greenfield, East on Covina which turns South into Contessa, East on Contessa to property on the South side.
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: GREENFIELD ESTATES UNIT 1
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Other, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Heat Pump, 2 or More Units
  • Heating: Heat Pump, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1620.0

Schools

  • Elementary School: O'Connor Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: 70 x 100
  • Additional Parcels: No
  • Parcel #: 140-15-037

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 21600.0
  • Insurance Expense: 1086.0
  • Maintenance Expense: 800.0
  • Property Net Operating Income: 16441.0
  • Annual Operating Expense: 5159.0

Tax Info

  • Tax Annual Amount: 1221.0
  • Tax Book Number: 140.00
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2021
Closed on
Sep 15, 2021
Sold by
Mandly Ann M
Bought by
Mandly Daniel J
Seller's Agent
Laura Mier
Realty ONE Group
Buyer's Agent
Kerry OConnor
DeLex Realty
List Price
$370,000
Sold Price
$377,000
Premium/Discount to List
$7,000
1.89%
Current Estimated Value
$464,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,065
Avg. Annual Appreciation
6.06%
Original Mortgage
$273,750
Outstanding Balance
$250,911
Interest Rate
2.7%
Estimated Equity
$222,737

Purchase Details

Closed on
Dec 4, 2012
Sold by
Bailey Edward N and Bailey Annette M
Bought by
Bailey Edward N and Bailey Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,700
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2005
Sold by
Brink Zita Rosa
Bought by
Bailey Edward N and Bailey Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 9, 2003
Sold by
Gemoll Rodney
Bought by
Brink Zita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1999
Sold by
Schaiberger Michael G and Schaiberger Colleen M
Bought by
Gemoll Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.63%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Driggs Title Agency Inc
Warranty Deed $377,000 Driggs Title Agency Inc
Interfamily Deed Transfer -- Equity Title Agency Inc
Interfamily Deed Transfer -- Equity Title Agency Inc
Warranty Deed $220,000 Fidelity National Title
Warranty Deed $127,000 Security Title Agency
Warranty Deed $110,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $273,750 No Value Available
Closed $273,750 New Conventional
Previous Owner $171,700 New Conventional
Previous Owner $181,000 Unknown
Previous Owner $176,000 Negative Amortization
Previous Owner $95,250 New Conventional
Previous Owner $87,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2022 02/12/22 Rented $1,300 0.0% --
02/12/2022 02/12/22 Under Contract -- -- --
02/08/2022 02/08/22 Off Market $1,300 -- --
01/29/2022 01/29/22 For Rent $1,300 0.0% --
09/16/2021 09/16/21 Sold $377,000 +1.9% $204 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/08/2021 08/08/21 For Sale $370,000 -- $200 / Sq Ft
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 $1,243 $12,342 -- --
2024 $1,253 $11,754 -- --
2023 $1,253 $32,210 $6,440 $25,770
2022 $1,228 $24,360 $4,870 $19,490
2021 $1,238 $20,280 $4,050 $16,230
2020 $1,221 $18,530 $3,700 $14,830
2019 $1,142 $14,920 $2,980 $11,940
2018 $1,095 $14,370 $2,870 $11,500
2017 $1,063 $11,750 $2,350 $9,400
2016 $1,043 $10,920 $2,180 $8,740
2015 $978 $9,580 $1,910 $7,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6277058

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-037