NOT LISTED FOR SALE

4533 E Contessa St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $387,631 - $464,000

Studio
-- Bath
1,645 Sq Ft
$254/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $135,000 $82 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,291/month

8 Days on Market

Highlights

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

About This Home

As of December 2014

Great investment property, currently has tennants 100% occupied. Please do not disturb occupants. Property can be inspected once under contract. Property was recently updated between tennants.

Last Agent to Sell the Property

Scott Harris

Edge Realty, LLC License #BR514719000 Listed on: 11/12/2014

Last Buyer's Agent

Mark Gunning

West USA Realty License #SA018139000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1983

Lot Details

  • 6,360

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Construction or Metal Frame

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 21
  • Assessor Parcel Number 140-15-033

Community Details

Overview

  • 2 Units
  • Building Dimensions are 65*100

Building Details

  • Operating Expense $3,532
  • Gross Income $13,680
  • Net Operating Income $13,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$732

Year Built

Built in 1983

Lot Details

6,360 Sq Ft Lot

Listing Details

  • Cross Street: University and Greenfield
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: MH RM-2
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Trash Expense: 300.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: O'Connor Elementary School
  • High School: Red Mountain High School
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: 65*100
  • Additional Parcels: No
  • Parcel #: 140-15-033

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Annual Gross Income: 13680.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 13360.0
  • Annual Operating Expense: 3532.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 732.0
  • Tax Book Number: 140.00
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2014
Closed on
Dec 18, 2014
Sold by
Liberty Enterprises Az Llc
Bought by
Weisenberg Richard and Weisenberg Rebecca
Seller's Agent
Scott Harris
Edge Realty, LLC
Buyer's Agent
Mark Gunning
West USA Realty
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$417,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,908
Avg. Annual Appreciation
10.59%
Original Mortgage
$101,250
Outstanding Balance
$77,671
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$340,237

Purchase Details

Closed on
Jan 15, 2014
Sold by
Mecham Jenny and Flinders Jenny
Bought by
Liberty Enterprises Az Llc

Purchase Details

Closed on
Sep 21, 2009
Sold by
Bank Of America National Association
Bought by
Flinders Jenny

Purchase Details

Closed on
May 21, 2009
Sold by
Jimenez Manlio J
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Oct 20, 2005
Sold by
Vallejo Rafael A and Vallejo Paula
Bought by
Jimenez Manlio J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1999
Sold by
Day Nicholas P and Day Constance J
Bought by
Vallejo Rafael A and Vallejo Paula
Source: Public Records
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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
Weisenberg Richard $135,000 Security Title Agency
Liberty Enterprises Az Llc -- None Available
Flinders Jenny $65,000 Security Title Agency
Lasalle Bank Na $93,500 Security Title Agency
Jimenez Manlio J $225,000 Lawyers Title Ins
Vallejo Rafael A $98,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weisenberg Richard $101,250
Previous Owner Jimenez Manlio J $180,000
Closed Jimenez Manlio J $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2014 12/31/14 Sold $135,000 -3.6% $82 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
11/11/2014 11/11/14 For Sale $140,000 -- $85 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,116 $11,006 -- --
2024 $1,119 $10,482 -- --
2023 $1,119 $29,070 $5,810 $23,260
2022 $1,097 $22,160 $4,430 $17,730
2021 $1,105 $18,370 $3,670 $14,700
2020 $1,090 $16,780 $3,350 $13,430
2019 $1,020 $13,480 $2,690 $10,790
2018 $977 $13,110 $2,620 $10,490
2017 $949 $11,400 $2,280 $9,120
2016 $927 $10,600 $2,120 $8,480
2015 $873 $9,170 $1,830 $7,340
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Scott Harris

    Edge Realty, LLC

    (480) 694-0340

    2 in this area

    47 Total Sales

    Scott Harris
    Section Image
  • Mark Gunning

    Buyer's Agent in 2014

    Mark Gunning

    West USA Realty

    (480) 776-3176

    2 in this area

    67 Total Sales

    Mark Gunning
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5198555

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-033

Arizona Maricopa County Mesa 85205 Central Mesa East

4533 E Contessa St, Mesa, AZ

Not Listed for Sale

MultiFamily

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.

Arizona Regional Multiple Listing Service (ARMLS) 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

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