NOT LISTED FOR SALE

457 E 9th Ave Mesa, AZ 85204

Woodbridge Crossing Neighborhood

Estimated Value: $645,000 - $734,715

-- Bed
4 Baths
688 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $745,000 $1,083 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,830/month

94 Days on Market

Highlights

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

About This Home

As of October 2023

This value add 4plex in Mesa is waiting for its next investor to reach its proforma! All units have private back yards, in unit washer/dryers, 2 bedrooms and 1 bathroom. Each unit but one is month to month with long term tenants and one unit is vacant for owner occupy or for a full market value tenant. The tenants have covered parking and plenty of additional parking on the lot. There is a shed with power that could potentially be turned into storage, office or another unit. Last repairs on the roof were in 2/22.
Unit #1 has a new water heater in 2/23 and a/c condenser in 10/2020
Unit #2 has a new dish washer and washer in 10/22, water heater and garbage disposal in 2/22 and dryer in 8/20
Unit 3 had a new fridge in 2/20
Unit 4 had a new water heater in 1/21 and garbage disposal in 10/

Last Agent to Sell the Property

Carla Magee

My Home Group Real Estate License #SA685362000 Listed on: 06/12/2023

Last Buyer's Agent

Arnold Bedak

Real Broker License #SA655253000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 1986

Lot Details

  • 10,149

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 139-30-085

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Clarkson Manor Subdivision

Building Details

  • Operating Expense $8,272
  • Gross Income $60,528
  • Net Operating Income $52,256

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,639

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr and Southern
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: CLARKSON MANOR
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Built-In Range, Dishwasher, Refrigerator, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Carport
  • 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 Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: City Electric
  • 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

Fee Information

  • Annual Water Sewer Expense: 4500.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 139-30-085

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 60528.0
  • Insurance Expense: 1633.0
  • Property Net Operating Income: 52256.0
  • Annual Operating Expense: 8272.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1639.0
  • Tax Book Number: 139.00
  • Tax Lot: 3

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2023 10/12/23 Sold $745,000 -4.2% $1,083 / Sq Ft
08/21/2023 08/21/23 Price Changed $778,000 -2.5% $1,131 / Sq Ft
06/14/2023 06/14/23 For Sale $798,000 +327.2% $1,160 / Sq Ft
12/22/2014 12/22/14 Sold $186,800 -4.2% $272 / Sq Ft View Prior Sale
11/12/2014 11/12/14 Pending -- -- --
10/30/2014 10/30/14 For Sale $195,000 -- $283 / 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 $1,669 $16,914 -- --
2024 $1,674 $16,108 -- --
2023 $1,674 $51,060 $10,180 $40,880
2022 $1,639 $36,380 $7,250 $29,130
2021 $1,659 $32,000 $6,380 $25,620
2020 $1,638 $25,390 $5,060 $20,330
2019 $1,530 $20,060 $4,000 $16,060
2018 $1,468 $18,880 $3,760 $15,120
2017 $1,425 $19,460 $3,880 $15,580
2016 $1,398 $13,430 $2,680 $10,750
2015 $1,314 $12,150 $2,420 $9,730
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Carla Magee

    My Home Group Real Estate

  • Arnold Bedak

    Buyer's Agent in 2023

    Arnold Bedak

    Real Broker

    (480) 382-5019

    1 in this area

    55 Total Sales

    Arnold Bedak
    Section Image
  • Howard Rudin

    Seller's Agent in 2014

    Howard Rudin

    West USA Realty

    (602) 390-8088

    121 Total Sales

    Howard Rudin
    Section Image

  • W

    Buyer's Agent in 2014

    Wai Tsang

    Gold Trust Realty

    2 Total Sales

    Wai Tsang
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6568464

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-30-085

Arizona Maricopa County Mesa 85204 Woodbridge Crossing

457 E 9th Ave, 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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