NOT LISTED FOR SALE

Estimated Value: $580,000 - $617,000

Studio
-- Bath
2,479 Sq Ft
$243/Sq Ft Est. Value

Sale Details

Date Sold: July 5, 2023

Last sale price $605,000 $244 Per Sq Ft

Current estimated payment $3,388 / mo

3 Days on Market

Highlights

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

About This Home

As of July 2023

**Multiple Offers Rec'd** Slump block constructed triplex on a corner lot with three, 2BR/1BA units, covered parking, with two of the units offering block fenced yards. Month-to-month tenants in place on all three units, and has an established rental history for the past 18-years. Tenants currently paying under market rent, offering you the opportunity to increase income either as-is or if you choose to renovate/improve further. Great E Mesa location between US-60 and Loop 202 freeways. Excellent investment opportunity! No sign on property - please do not disturb tenants.

Last Agent to Sell the Property

Jenn Newman

The Brokery License #BR671655000 Listed on: 06/07/2023

Last Buyer's Agent

Colton Aurich

City to City Commercial License #SA681688000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,519

Year Built

  • Built in 1980

Lot Details

  • 9,975

Home Design

  • Composition Roof

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • 4 Covered Spaces

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 104
  • Assessor Parcel Number 140-15-116

Community Details

Overview

  • 3 Units
  • Building Dimensions are 75 x 134
  • Greenfield Estates Unit 1 Subdivision

Building Details

  • Operating Expense $11,016
  • Gross Income $30,000
  • Net Operating Income $6,509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,519

Year Built

Built in 1980

Lot Details

9,975 Sq Ft Lot

Listing Details

  • Cross Street: University & Greenfield
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENFIELD ESTATES UNIT 1
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Free-Standing Range, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 5.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Annual Water Sewer Expense: 3650.0

Schools

  • Elementary School: O'Connor Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: 75 x 134
  • Additional Parcels: No
  • Parcel #: 140-15-116

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 30000.0
  • Insurance Expense: 1876.0
  • Maintenance Expense: 2696.0
  • Property Net Operating Income: 6509.0
  • Annual Operating Expense: 11016.0

Tax Info

  • Tax Annual Amount: 1519.0
  • Tax Book Number: 140.00
  • Tax Lot: 104

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 5, 2023
Sold by
Bought by
Seller's Agent
Jenn Newman
The Brokery
Buyer's Agent
Colton Aurich
City to City Commercial
List Price
$599,000
Sold Price
$605,000
Premium/Discount to List
$6,000
1%
Views
9
Current Estimated Value
$603,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,677
Avg. Annual Appreciation
-0.09%
Original Mortgage
$453,750
Interest Rate
0.0657%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2007
Sold by
Bought by

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
0.061%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,500
Interest Rate
0.0631%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,500
Interest Rate
0.0631%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
0.066%

Purchase Details

Closed on
Sep 18, 1998
Sold by
Bought by
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

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 Buyer Sale Price Title Company
$605,000 Security Title Agency
-- Title Source Inc
-- Transnation Title
-- Transnation Title
-- North American Title Co
$125,000 Security Title Agency
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $453,750
Previous Owner $200,000
Previous Owner $210,825
Previous Owner $220,500
Previous Owner $204,500
Previous Owner $15,000
Previous Owner $128,500
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
07/05/2023 07/05/23 Sold $605,000 +1.0% $244 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $599,000 -- $242 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax 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.

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 $1,546 $15,202
2024 $1,550 $14,478
2023 $1,550 $38,360 $7,670 $30,690
2022 $1,519 $29,720 $5,940 $23,780
2021 $1,530 $24,750 $4,950 $19,800
2020 $1,509 $22,670 $4,530 $18,140
2019 $1,412 $18,220 $3,640 $14,580
2018 $1,353 $17,250 $3,450 $13,800
2017 $1,314 $14,900 $2,980 $11,920
2016 $1,284 $14,210 $2,840 $11,370
2015 $1,209 $12,650 $2,530 $10,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6565839

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-116

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