NOT LISTED FOR SALE

456 S Olive Mesa, AZ 85204

Temple Neighborhood
8 Beds
4 Baths
767 Sq Ft
1985 Built

Sale Details

Date Sold: January 7, 2021

Last sale price $481,000 $627 Per Sq Ft

23 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 2021

4 plex.

Last Agent to Sell the Property

Chad Cluff

Cluff Real Estate LLC License #BR567582000 Listed on: 11/17/2020

Last Buyer's Agent

Michael Gordon

Get Multifamily License #BR688636000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1985

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 9 Parking Spaces
  • Free Parking
  • Paved Parking
  • Additional Parking
  • On-Street Parking
  • 9 Open Parking Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • The owner pays for water, sewer
  • Tax Lot 13
  • Assessor Parcel Number 139-23-070-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Lynwood Tract Lots 25 32 Subdivision

Building Details

  • Operating Expense $7,015
  • Gross Income $41,040
  • Net Operating Income $34,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,215

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Broadway and Mesa Drive
  • Property Type: Multiple Dwellings
  • Zoning: MultiFamily
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1200.0
  • Subdivision Name: LYNWOOD TRACT LOTS 25-32
  • Tax Parcel Letter: B
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Electric, Ceiling Fan(s)
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: City Electric
  • Special:Special: Owner/Agent
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Steel Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Open, Paved, On Street, >1 Space Per Unit, Assigned
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • Parking Features:Parking Features: Free, Paved, On Street, >1 Space Per Unit, Add'l Parking Avail, Assigned

Utilities

  • Electric: City Electric
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 139-23-070-B

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Trash Collection
  • Number Of Units Total: 4
  • Annual Gross Income: 41040.0
  • Insurance Expense: 1600.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 34025.0
  • Annual Operating Expense: 7015.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1215.0
  • Tax Lot: 13
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/07/2021 01/07/21 Sold $481,000 -2.8% $627 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
11/28/2020 11/28/20 For Sale $495,000 0.0% $645 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $495,000 -- $645 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • Chad Cluff

    Seller's Agent in 2021

    Chad Cluff

    Cluff Real Estate LLC

    (602) 882-0694

    3 in this area

    31 Total Sales

    Chad Cluff
    Section Image
  • Michael Gordon

    Buyer's Agent in 2021

    Michael Gordon

    Get Multifamily

    (858) 774-6058

    62 Total Sales

    Michael Gordon
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6161755

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Mesa 85204 Temple

456 S Olive, Mesa, AZ

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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