NOT LISTED FOR SALE

Estimated Value: $481,000 - $495,000

3 Beds
3 Baths
1,250 Sq Ft
$389/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $450,000 $360 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,644/month

237 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of January 2023

This great Tri Plex is perfect for investors and has a positive cash flow 2 - 1 bedroom 1 bath is on a lease for $985 and $975 And a 2 bedroom 1 bath unit is on month to month and is rented for $1550 Has some upgrading with stucco siding and newer dual pane windows Very nice inside Plus 2 covered parking spaces & 4 uncovered parking in their own private back yard!
Middle units each have their own covered parking next to the unit and 2 uncovered parking Middle unit has newer dual pane windows And all units have so much privacy in a tri plex Shared coined Laundry is in separate building Lots of yard to play! You'll love these units! And No HOA!

Last Agent to Sell the Property

Becky Coen

eXp Realty License #SA025083000 Listed on: 04/26/2022

eXp Realty

Last Buyer's Agent

Juan Lopez-Suarez

Realty ONE Group License #SA689326000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $766

Year Built

  • Built in 1956

Lot Details

  • 8,668

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 9 Open Parking Spaces
  • 13 Parking Spaces
  • Carport

Schools

  • Lowell Elementary School
  • Taylor Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, landscaping
  • Tax Lot 28
  • Assessor Parcel Number 139-23-095-A

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 8,653/.2
  • Stewart South Subdivision

Building Details

  • Operating Expense $766
  • Gross Income $42,120
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$766

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: BROADWAY & HOBSON
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1956
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: STEWART SOUTH
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Refrigerator
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Add'l Parking Avail, <1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 13.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 13.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Lowell Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Taylor Junior High School

Lot Info

  • Lot Size: 8,653/.2
  • Additional Parcels: No
  • Parcel #: 139-23-095-A

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 42120.0
  • Property Net Operating Income: 1200.0
  • Annual Operating Expense: 766.0

Tax Info

  • Tax Annual Amount: 766.0
  • Tax Book Number: 139.00
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jan 17, 2023
Sold by
Trejo Carlos H Canales
Bought by
Vazquez Refugio
Seller's Agent
Becky Coen
eXp Realty
Buyer's Agent
Juan Lopez-Suarez
Realty ONE Group
List Price
$595,000
Sold Price
$450,000
Premium/Discount to List
-$145,000
-24.37%
Views
53
Current Estimated Value
$486,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,695
Avg. Annual Appreciation
2.58%
Original Mortgage
$337,500
Outstanding Balance
$328,991
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$152,928

Purchase Details

Closed on
Mar 9, 2018
Sold by
Dominguez Maria Trejo De
Bought by
Trejo Carlos H Canales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,660
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 22, 2015
Closed on
Aug 4, 2016
Sold by
Geld Investments Llc
Bought by
Dedominguez Maria Trejo
Seller's Agent
Rodica Bartels
Century 21 Northwest
Buyer's Agent
Becky Coen
eXp Realty
List Price
$149,999
Sold Price
$135,000
Premium/Discount to List
-$14,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.94%
Original Mortgage
$132,554
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2013
Sold by
Brown Darryl I and Vhay Erica
Bought by
Geld Investments Llc

Purchase Details

Closed on
Feb 5, 2010
Sold by
Aurora Loan Services Llc
Bought by
Brown Darryl I and Vhay Erica

Purchase Details

Closed on
Nov 17, 2009
Sold by
Fumbarg Daniel H
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 29, 2008
Sold by
Camelus Llc
Bought by
Fumbarg Daniel H

Purchase Details

Closed on
Jul 15, 2008
Sold by
Fumbarg Daniel H
Bought by
Camelus Llc

Purchase Details

Closed on
Apr 15, 2005
Sold by
Nimis Amelia Sandra
Bought by
Fumbarg Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2003
Sold by
Barraza Adrian and Barraza Lupe
Bought by
Fritz Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Vazquez Refugio $450,000 Roc Title
Trejo Carlos H Canales $160,000 Empire West Title Agency Llc
Dedominguez Maria Trejo $135,000 First Arizona Title Agency
Geld Investments Llc -- None Available
Brown Darryl I $71,000 Chicago Title
Aurora Loan Services Llc $203,290 Accommodation
Fumbarg Daniel H -- None Available
Camelus Llc -- None Available
Fumbarg Daniel H -- Stewart Title & Trust Of Pho
Fumbarg Daniel H $235,000 Stewart Title & Trust Of Pho
Fritz Catherine $140,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Refugio $337,500
Previous Owner Trejo Carlos H Canales $154,660
Previous Owner Dedominguez Maria Trejo $132,554
Previous Owner Fumbarg Daniel H $188,000
Previous Owner Fritz Catherine $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $450,000 -15.1% $360 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/08/2022 11/08/22 Price Changed $530,000 -5.4% $424 / Sq Ft
10/17/2022 10/17/22 Price Changed $560,000 -5.9% $448 / Sq Ft
08/05/2022 08/05/22 For Sale $595,000 0.0% $476 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $595,000 0.0% $476 / Sq Ft
07/25/2022 07/25/22 Price Changed $595,000 -0.5% $476 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $598,000 -0.2% $478 / Sq Ft
05/16/2022 05/16/22 For Sale $599,000 0.0% $479 / Sq Ft
05/16/2022 05/16/22 Price Changed $599,000 -4.9% $479 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $630,000 +366.7% $504 / Sq Ft
08/08/2016 08/08/16 Sold $135,000 0.0% $108 / Sq Ft
04/01/2016 04/01/16 Rented $525 0.0% --
03/15/2016 03/15/16 For Rent $525 0.0% --
12/22/2015 12/22/15 For Sale $149,999 -- $120 / 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 $766 $7,808 -- --
2024 $773 $7,436 -- --
2023 $773 $28,170 $5,630 $22,540
2022 $757 $19,470 $3,890 $15,580
2021 $766 $15,860 $3,170 $12,690
2020 $756 $14,510 $2,900 $11,610
2019 $706 $11,920 $2,380 $9,540
2018 $678 $8,820 $2,290 $6,530
2017 $658 $7,360 $1,910 $5,450
2016 $645 $6,970 $1,810 $5,160
2015 $607 $7,280 $1,450 $5,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6389410

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-23-095A