$180,000
SOLD AUG 31, 2018
-- Bed
-- Bath
1,740 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$103 Per Sq Ft

5% Below List Price

3 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of August 2018

Great opportunity to own a cash-flowing duplex in Mesa. Centrally located at Greenfield and University. New carpet and paint in one of the units in July 2018. Priced to sell!

Last Agent to Sell the Property

Chris Nace

Arizona Best Real Estate License #BR628550000 Listed on: 07/31/2018

Arizona Best Real Estate

Last Buyer's Agent

Ryan Loeding

Real Broker License #SA642914000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,020

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

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

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 14
  • Assessor Parcel Number 140-15-026

Community Details

Overview

  • 2 Units
  • Building Dimensions are approx. 70' x 115'
  • Greenfield Estates Unit 1 Lot 1 107 Tr A Subdivision

Building Details

  • Operating Expense $3,451

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,020

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: M-H up to 2,499
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2017
  • Directions: Greenfield and University: East on University to Quinn; North on Quinn to Camino; West on Camino to property.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: GREENFIELD ESTATES UNIT 1 LOT 1-107 TR A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Interior Amenities:Furnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2430.82

Lot Info

  • Lot Size: approx. 70' x 115'
  • Additional Parcels: No
  • Parcel #: 140-15-026

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Operating Expense: 3450.82

Tax Info

  • Tax Annual Amount: 1020.0
  • Tax Book Number: 140.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Murray Michol and Murray Kelly A
Bought by
Gem Homes Corporation
Current Estimated Value
$455,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Outstanding Balance
$39,932
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$415,787

Purchase Details

Closed on
Apr 21, 2020
Sold by
Murray Michol
Bought by
Murray Michola and Mu5rray Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2018
Sold by
Murray Troy A and Murray Michol
Bought by
Murray Michol

Purchase Details

Closed on
Dec 26, 2018
Sold by
Murray Kelly and Murray Michol
Bought by
Murray Michol

Purchase Details

Listed on
Jul 31, 2018
Closed on
Oct 8, 2018
Sold by
Murray Kelly and Murray Michol
Bought by
Murray Michol
Seller's Agent
Chris Nace
Arizona Best Real Estate
Buyer's Agent
Ryan Loeding
Real Broker
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%
Original Mortgage
$1,530
Interest Rate
4.6%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Listed on
Jul 31, 2018
Closed on
Sep 24, 2018
Sold by
Murray Troy A
Bought by
Murray Michol and Murray Troy A
Seller's Agent
Chris Nace
Arizona Best Real Estate
Buyer's Agent
Ryan Loeding
Real Broker
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,530
Interest Rate
4.6%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Listed on
Jul 31, 2018
Closed on
Aug 13, 2018
Sold by
Martin Camille L and Martin Darold E
Bought by
Murray Troy A
Seller's Agent
Chris Nace
Arizona Best Real Estate
Buyer's Agent
Ryan Loeding
Real Broker
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,530
Interest Rate
4.6%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Nov 14, 2006
Sold by
Ahn Mark A and Ahn Sumiko
Bought by
Martin Darold E and Martin Camille L

Purchase Details

Closed on
May 4, 2005
Sold by
Fuson Steven B and Fuson Chanell J
Bought by
Ahn Mark A and Ahn Sumiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 1994
Sold by
Dubbs Carbon C and Dubbs Priscilla C
Bought by
Duggins James and Duggins Sinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,799
Interest Rate
7.67%
Mortgage Type
FHA
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
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- American Title Svc Agcy Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $180,000 Grand Canyon Title Agency
Warranty Deed $225,000 Capital Title Agency Inc
Warranty Deed $190,000 Capital Title Agency Inc
Joint Tenancy Deed $57,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $45,500 Credit Line Revolving
Previous Owner $226,000 New Conventional
Previous Owner $220,500 New Conventional
Previous Owner $1,530 Second Mortgage Made To Cover Down Payment
Previous Owner $153,000 New Conventional
Previous Owner $152,000 New Conventional
Previous Owner $56,799 FHA
Closed $19,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Rented $1,525 -3.2% --
12/15/2022 12/15/22 Under Contract -- -- --
11/08/2022 11/08/22 For Rent $1,575 0.0% --
08/31/2018 08/31/18 Sold $180,000 -5.3% $103 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $190,000 -- $109 / 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 $1,194 $11,777 -- --
2024 $1,204 $11,217 -- --
2023 $1,204 $31,030 $6,200 $24,830
2022 $1,179 $23,610 $4,720 $18,890
2021 $1,187 $19,710 $3,940 $15,770
2020 $1,171 $18,010 $3,600 $14,410
2019 $1,096 $14,360 $2,870 $11,490
2018 $1,050 $13,920 $2,780 $11,140
2017 $1,020 $12,060 $2,410 $9,650
2016 $1,000 $11,310 $2,260 $9,050
2015 $938 $9,750 $1,950 $7,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5800166

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-026