NOT LISTED FOR SALE

4627 E Caballero St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $374,899 - $699,000

-- Bed
-- Bath
2,946 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $185,000 $63 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $3,105/month

33 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of February 2016

Back on the Market, Huge Price Reduction !
Slump Block Triplex, Huge 2 Bedroom Units.
Large Yard, Single level Covered Parking & Garage. Lots of Potential Upside on Rent Rates Which May Create More Cash Flow. All Facts and figure Approximate, Buyer to Verify to Their Satisfaction including MLS Info.

Last Listed By

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 12/15/2015

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1980

Lot Details

  • 9,365

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Concrete Flooring

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 109
  • Assessor Parcel Number 140-15-122

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR
  • Greenfield Estates Subdivision

Building Details

  • Gross Income $20,520
  • Net Operating Income $14,659

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,212

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: University and Greenfield
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2014
  • Directions: East on Univserity. North on Quinn. East on Caballero. Triplex is on South side of street.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: Greenfield Estates
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete, Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Garage Details: Yes
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 1800.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 140-15-122

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 20520.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 1350.0
  • Property Net Operating Income: 14659.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1212.0
  • Tax Book Number: 140.00
  • Tax Lot: 109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2015
Closed on
Feb 9, 2016
Sold by
Ganji Ramsin J and Ganji Denise L
Bought by
Olmstead Robert Paul and Olmstead Holly
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Gail Robertson
West USA Realty
List Price
$194,900
Sold Price
$185,000
Premium/Discount to List
-$9,900
-5.08%
Total Days on Market
33
Current Estimated Value
$535,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,725
Avg. Annual Appreciation
12.17%
Original Mortgage
$139,410
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Marques Paul and Marques Ethel M
Bought by
Ganji Ramsin J and Ganji Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2003
Sold by
Vanvanngo Thuong Van and Ngo My Ngoc
Bought by
Marques Paul and Marques Ethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2002
Sold by
Konkel Charles R and Konkel Betty Jane
Bought by
Vanngo Thuong and Ngo My Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 1999
Sold by
Caballero Apartments Ltd Partnership
Bought by
Konkel Charles R and Konkel Betty Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 1994
Sold by
Berge Craig M and Berge Nancy C
Bought by
Cabellero Apartments Ltd Partnership

Purchase Details

Closed on
Mar 7, 1994
Sold by
Lampe Construction
Bought by
Berge Craig M

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Olmstead Robert Paul $185,880 Millennium Title Agency Llc
Ganji Ramsin J $250,000 Fidelity National Title
Marques Paul $190,000 Security Title Agency
Vanngo Thuong $180,000 Security Title Agency
Konkel Charles R $143,000 Ati Title Agency
Cabellero Apartments Ltd Partnership -- --
Berge Craig M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olmstead Robert Paul $149,523
Closed Olmstead Robert Paul $139,410
Previous Owner Ganji Ramsin J $200,000
Previous Owner Marques Paul $147,000
Previous Owner Vanngo Thuong $126,000
Previous Owner Konkel Charles R $114,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2016 02/16/16 Sold $185,000 -5.1% $63 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $194,900 -- $66 / 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 $1,606 $15,917 -- --
2024 $1,619 $15,159 -- --
2023 $1,619 $42,830 $8,560 $34,270
2022 $1,586 $32,780 $6,550 $26,230
2021 $1,598 $27,260 $5,450 $21,810
2020 $1,576 $25,100 $5,020 $20,080
2019 $1,475 $19,880 $3,970 $15,910
2018 $1,414 $18,630 $3,720 $14,910
2017 $1,373 $15,350 $3,070 $12,280
2016 $1,341 $14,610 $2,920 $11,690
2015 $1,263 $13,310 $2,660 $10,650
Source: Public Records

Agents Affiliated with this Home

  • Steve Fowler

    Seller's Agent in 2016

    Steve Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 430-5843

    4 in this area

    67 Total Sales

    Steve Fowler
    Section Image
  • Steven Cvetanovich

    Seller Co-Listing Agent in 2016

    Steven Cvetanovich

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 323-5672

    5 in this area

    43 Total Sales

    Steven Cvetanovich
    Section Image
  • Gail Robertson

    Buyer's Agent in 2016

    Gail Robertson

    West USA Realty

    (480) 246-0540

    1 in this area

    20 Total Sales

    Gail Robertson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5373374

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-122

Arizona Maricopa County Mesa 85205 Central Mesa East

4627 E Caballero St, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 4627 E Caballero St, Mesa, AZ 85205 since 15 December 2015 and is currently estimated at $535,725, approximately $181 per square foot. This property was built in 1980. 4627 E Caballero St is a home located in Maricopa County with nearby schools including O'Connor Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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