NOT LISTED FOR SALE
Studio
-- Bath
1,200 Sq Ft
1980 Built

Sale Details

Date Sold: January 26, 2023

Last sale price $600,000 $500 Per Sq Ft

130 Days on Market

Highlights

  • Brick Veneer
  • Community Playground
  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of January 2023

Great Investment Opportunity. All Units are 2 bdrms and 1 bath. Newer dual pane windows. 3 out of the 4 HVAC units were replaced. All units have covered parking and exterior storage closets. Roof installed in 2010. All units are individually metered. Tenants pay all utilities. Sold As Is

Last Agent to Sell the Property

Alma Magana

Delex Realty License #SA582641000 Listed on: 07/28/2022

Delex Realty

Last Buyer's Agent

Marco Guerra

West USA Realty License #SA684780000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1980

Lot Details

  • Additional Parcels

Home Design

  • Brick Veneer
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Blinds
  • Ceramic Tile Flooring

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 10 Parking Spaces
  • Carport
  • Paved Parking
  • Additional Parking
  • On-Street Parking
  • Assigned Parking

Schools

  • Lowell Elementary School
  • Mesa Junior High School
  • Mesa High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available

Listing and Financial Details

  • Tenant pays for water, sewer, electricity, trash collection, cable TV
  • The owner pays for landscaping
  • Tax Lot 16
  • Assessor Parcel Number 139-23-075-B

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 6,675
  • Lynwood Tract Lots 25 32 Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $6,770
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,370

Year Built

Built in 1980

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Mesa Dr and Broadway Rd
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2021
  • Road Surface Type: Concrete
  • Subdivision Name: LYNWOOD TRACT LOTS 25-32
  • Tax Parcel Letter: B
  • Const - Finish:Const - Finish: Painted, Brick Veneer
  • Cooling:Cooling: Central Air, Electric
  • Road Surface Type:Road Surface Type: Concrete
  • Electric:Electric: City Electric
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Disposal
  • Interior Features:Interior Features: Unfurnished, Fire/Smoke Alarm(s), Mini Blinds

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Painted, Brick Veneer
  • Roof: Composition
  • Exterior Amenities: Security Light(s)

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved, Carport, On Street, Assigned
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 10.0
  • Parking Features:Parking Features: Paved, Carport, On Street, Add'l Parking Avail, Assigned

Utilities

  • Electric: City Electric
  • Cooling: Central Air, Electric
  • Heating: Electric, Heat Pump
  • Security: Security Light(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool, Play Area

Schools

  • Elementary School: Lowell Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Lot Size: 6,675
  • Additional Parcels: Yes
  • Parcel #: 139-23-075-B

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Water, Sewer, Electricity, Trash Collection, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 38400.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 3000.0
  • Annual Operating Expense: 6770.0

Tax Info

  • Tax Annual Amount: 1370.0
  • Tax Book Number: 139.0
  • Tax Lot: 16

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
Jul 28, 2022
Closed on
Jan 26, 2023
Sold by
Bought by
Seller's Agent
Alma Magana
Delex Realty
Buyer's Agent
Marco Guerra
West USA Realty
List Price
$649,999
Sold Price
$600,000
Premium/Discount to List
-$49,999
-7.69%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,132
Interest Rate
0.0631%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 24, 2018
Closed on
Sep 7, 2018
Sold by
Bought by
Seller's Agent
Jose Lamboglia
World Class Properties
Buyer's Agent
Alma Magana
Delex Realty
List Price
$355,000
Sold Price
$240,000
Premium/Discount to List
-$115,000
-32.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.27%

Purchase Details

Closed on
Jun 21, 2010
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
$600,000 Premier Title
$340,000 Great American Title Agency
$41,124 Title Management Agency Of A
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 $589,132
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 Prior Sale
01/26/2023 01/26/23 Sold $600,000 -3.2% $500 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/07/2022 11/07/22 Price Changed $619,999 -1.6% $517 / Sq Ft
10/24/2022 10/24/22 Price Changed $629,999 -3.1% $525 / Sq Ft
09/20/2022 09/20/22 For Sale $649,999 0.0% $542 / Sq Ft
09/20/2022 09/20/22 Price Changed $649,999 0.0% $542 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $649,999 +170.8% $542 / Sq Ft
09/11/2018 09/11/18 Sold $240,000 -32.4% $200 / Sq Ft View Prior Sale
08/28/2018 08/28/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $355,000 -- $296 / 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 $137 $1,392 $1,392
2024 $138 $1,326 $1,326
2023 $138 $4,560 $4,560 $0
2022 $135 $3,080 $3,080 $0
2021 $137 $2,490 $2,490 $0
2020 $135 $2,240 $2,240 $0
2019 $126 $1,780 $1,780 $0
2018 $121 $1,600 $1,600 $0
2017 $117 $1,420 $1,420 $0
2016 $115 $1,340 $1,340 $0
2015 $108 $1,190 $1,190 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6441566

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-23-075B

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