Seller's Agent in 2018
Mark Carvalho
Carvalho Real Estate
(480) 250-6099
49 Total Sales
461 N Drew St W Mesa, AZ 85201
Evergreen Historic District NeighborhoodEstimated Value: $359,000 - $456,000
--
Bed
1
Bath
1,099
Sq Ft
$359/Sq Ft
Est. Value
Highlights
- Cooling Available
- Franklin at Brimhall Elementary School Rated A
- Heat Pump System
About This Home
As of September 2018Just minutes from the rapidly growing and expanding, bustling, thriving Downtown Mesa! Walking distance to restaurants, arts centers, museums, nightlife, and all that this fabulous area has to offer. This profitable duplex is located next to charismatic historic neighborhoods, and is a highly sought after area for affordable rental properties. Very low vacancy rates!!! There's an adorable childrens' playground just steps from the home, as well as community bike share racks and more. The units are clean, regularly updated, and well maintained. Call today for further details, and showing instructions.
Last Agent to Sell the Property
Carvalho Real Estate License #BR543460000 Listed on: 06/08/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $663
Year Built
- Built in 1957
Lot Details
- 6,316
Home Design
- Composition Roof
- Block Exterior
Parking
- 2 Parking Spaces
- 2 Covered Spaces
- Common or Shared Parking
- On-Street Parking
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer
- Tax Lot 16
- Assessor Parcel Number 137-26-016
Community Details
Overview
- 2 Units
- Building Dimensions are .14 acres (6,300 sf)
- Biggs Add Amd Subdivision
Building Details
- Operating Expense $3,891
- Gross Income $13,968
- Net Operating Income $10,510
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2018
Closed on
Aug 24, 2018
Sold by
Royal Ken
Bought by
Marinez Jorge and Martinez Maria
Seller's Agent
Mark Carvalho
Carvalho Real Estate
Buyer's Agent
Raul Palacio
1st Dream Realty
List Price
$185,000
Sold Price
$149,900
Premium/Discount to List
-$35,100
-18.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,124
Avg. Annual Appreciation
14.40%
Purchase Details
Closed on
Jan 14, 2013
Sold by
Royal Dawn
Bought by
Royal Ken
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
3.28%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 16, 2012
Closed on
Aug 2, 2012
Sold by
Mesarental1 Llc
Bought by
Cherrypick Investments Llc
Seller's Agent
Nycole Leyba
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
David Benton
AXIS Real Estate
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.42%
Original Mortgage
$74,000
Interest Rate
3.53%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 21, 2010
Sold by
Masyoa Gerald B and Masyga Mary C
Bought by
Mesarental1 Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marinez Jorge | $149,900 | Security Title Agency Inc | |
| Royal Ken | -- | Fidelity National Title Agen | |
| Royal Ken | $94,900 | Fidelity National Title Agen | |
| Cherrypick Investments Llc | $74,000 | Stewart Title & Trust Of Pho | |
| Mesarental1 Llc | $40,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martinez Jorge | $114,000 | |
| Previous Owner | Royal Ken | $63,750 | |
| Previous Owner | Cherrypick Investments Llc | $74,000 | |
| Previous Owner | Cherrypick Investments Llc | $74,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2018 09/06/18 | Sold | $149,900 | -0.1% | $136 / Sq Ft |
| 08/06/2018 08/06/18 | Pending | -- | -- | -- |
| 08/04/2018 08/04/18 | Price Changed | $149,990 | -11.8% | $136 / Sq Ft |
| 07/16/2018 07/16/18 | Price Changed | $170,000 | -8.1% | $155 / Sq Ft |
| 06/08/2018 06/08/18 | For Sale | $185,000 | +150.0% | $168 / Sq Ft |
| 08/09/2012 08/09/12 | Sold | $74,000 | -7.4% | $106 / Sq Ft |
| 07/20/2012 07/20/12 | Pending | -- | -- | -- |
| 07/16/2012 07/16/12 | For Sale | $79,900 | -- | $115 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $772 | $7,868 | -- | -- |
| 2024 | $779 | $7,493 | -- | -- |
| 2023 | $779 | $25,830 | $5,160 | $20,670 |
| 2022 | $762 | $19,330 | $3,860 | $15,470 |
| 2021 | $772 | $16,560 | $3,310 | $13,250 |
| 2020 | $762 | $14,760 | $2,950 | $11,810 |
| 2019 | $712 | $12,430 | $2,480 | $9,950 |
| 2018 | $683 | $11,250 | $2,250 | $9,000 |
| 2017 | $663 | $9,250 | $1,850 | $7,400 |
| 2016 | $650 | $8,430 | $1,680 | $6,750 |
| 2015 | $611 | $7,610 | $1,520 | $6,090 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Seller Co-Listing Agent in 2018
Kristin Carvalho
Carvalho Real Estate
(480) 854-9000
21 Total Sales
-
Buyer's Agent in 2018
Raul Palacio
1st Dream Realty
(480) 251-6873
37 Total Sales
-
N
Seller's Agent in 2012
Nycole Leyba
Better Homes & Gardens Real Estate SJ Fowler
-
Buyer's Agent in 2012
David Benton
AXIS Real Estate
(602) 478-6117
39 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5777691
APN: 137-26-016
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.
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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