NOT LISTED FOR SALE

Estimated Value: $397,000 - $447,000

2 Beds
2 Baths
1,227 Sq Ft
$348/Sq Ft Est. Value

Last Sold August 19, 2014

Last sale price $108,000 $88 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $2,287/month

143 Days on Market

Highlights

  • Cooling Available
  • Heat Pump System
  • 3-minute walk to Washington Park
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of August 2014

INTERIOR TOTALLY REMODELED, NEW CABINETS, FLOORING, BATH SURROUNDS, AND PAINT. THIS DUPLEX IS SET UP FOR SECTION 8 HOUSING AND PART OF THE CRIME FREE HOUSING PROGRAM, NEXT TO SHOPPING AND FREEWAYS. MUST BE SOLD WITH ADJOINING DUPLEX NEXT DOOR (447 N. DREW MLS# 5074272)

Last Agent to Sell the Property

Robert Passariello

Realty Executives License #SA538257000 Listed on: 02/23/2014

Realty Executives

Last Buyer's Agent

Mike Zahn

Real Broker License #SA567409000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $429

Year Built

  • Built in 1973

Lot Details

  • 7,057

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • Mesa High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 5
  • Assessor Parcel Number 137-26-005

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $1,269

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$429

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: COUNTRY CLUB AND UNIVERSITY
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Duplex
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2012
  • Directions: EAST ON UNIVERSITY TO DREW ST. NORTH ON DREW TO THE PROPERTY ON THE EAST SIDE OF THE STREET.
  • Road Surface Type: Asphalt
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • 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:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 840.0

Schools

  • High School: Mesa High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 137-26-005

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Annual Operating Expense: 1269.0

Tax Info

  • Tax Annual Amount: 429.0
  • Tax Book Number: 137.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Nicolan Capital 4 Llc
Bought by
Buffinga Brad and Buffinga Allison
Total Days on Market
143
Current Estimated Value
$419,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Outstanding Balance
$291,847
Interest Rate
2.23%
Mortgage Type
New Conventional
Estimated Equity
$135,358

Purchase Details

Closed on
Sep 3, 2020
Sold by
Sanchez Raymond and Liu Haijie
Bought by
Nicolan Capital 4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2014
Closed on
Aug 11, 2014
Sold by
Sabo John Frank
Bought by
Sanchez Raymond and Liu Haijie
Seller's Agent
Robert Passariello
Realty Executives
Buyer's Agent
Mike Zahn
Real Broker
List Price
$113,000
Sold Price
$108,000
Premium/Discount to List
-$5,000
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$75,600
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2006
Sold by
Madora Management Llc
Bought by
Sabo John Frank

Purchase Details

Closed on
Sep 10, 2004
Sold by
Mackinnon Scott
Bought by
Madora Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2004
Sold by
Southwest Property Holdings Llc
Bought by
Marquez David and Marquez Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2004
Sold by
Mackinnon Mary Jane
Bought by
Mackinnon Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2002
Sold by
Marquez David P and Marquez Lori A
Bought by
Southwest Property Holdings Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,550
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2002
Sold by
Johnson Scott Alan
Bought by
Marquez David P and Marquez Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,550
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1996
Sold by
Desert Southwest United Methodist Founda
Bought by
Johnson Scott Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,157
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1995
Sold by
Larry L Welch Trust
Bought by
Desert Southwest United Methodist Founda and Larry L Welch Charitable Remainder Unitr

Purchase Details

Closed on
Nov 17, 1977
Sold by
Dycus Augustus M and Dycus Leona D
Bought by
Welch Larry L
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 Buyer Sale Price Title Company
Buffinga Brad $405,000 Fidelity Natl Ttl Agcy Inc
Nicolan Capital 4 Llc $220,000 First Arizona Title Agency
Sanchez Raymond $108,000 Lawyers Title Of Arizona Inc
Sabo John Frank $175,000 Capital Title Agency Inc
Madora Management Llc -- --
Marquez David -- Fidelity National Title
Mackinnon Scott -- Fidelity National Title
Mackinnon Scott -- Fidelity National Title
Southwest Property Holdings Lc -- Transnation Title Insurance
Marquez David P $79,500 Transnation Title Insurance
Johnson Scott Alan $57,000 Security Title
Desert Southwest United Methodist Founda -- --
Welch Larry L -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buffinga Brad $364,500
Previous Owner Nicolan Capital 4 Llc $165,000
Previous Owner Sanchez Raymond $98,000
Previous Owner Sanchez Raymond $75,600
Previous Owner Marquez David $88,000
Previous Owner Mackinnon Scott $88,000
Previous Owner Marquez David P $71,550
Previous Owner Johnson Scott Alan $57,157
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold $108,000 -4.4% $88 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $113,000 -- $92 / 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 $761 $7,751 -- --
2024 $767 $7,382 -- --
2023 $767 $24,480 $4,890 $19,590
2022 $751 $18,320 $3,660 $14,660
2021 $760 $15,730 $3,140 $12,590
2020 $750 $14,210 $2,840 $11,370
2019 $701 $11,920 $2,380 $9,540
2018 $673 $10,770 $2,150 $8,620
2017 $653 $8,860 $1,770 $7,090
2016 $641 $8,180 $1,630 $6,550
2015 $512 $7,110 $1,420 $5,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5074280

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-26-005