NOT LISTED FOR SALE

463 E 8th Ave Mesa, AZ 85204

Woodbridge Crossing Neighborhood

Estimated Value: $483,109 - $586,000

6 Beds
-- Bath
2,236 Sq Ft
$236/Sq Ft Est. Value

Last Sold November 26, 2021

Last sale price $475,000 $212 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,855/month

3 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of November 2021

Single Bldg Triplex located in the heart of Mesa. 2 Bedroom 1 bath units with washer hook up. Never vacant! Excellent rental history, with long term tenants. Tenants pay all utilities. Current rents below market.
2 Units on month - month, 1 unit on annual lease through 7/2/22. 1 unit has new A/C unit.
Great opportunity!

Last Agent to Sell the Property

Michelle Regier

Keller Williams Integrity First License #SA546689000 Listed on: 10/19/2021

Keller Williams Integrity First

Last Buyer's Agent

Jaclyn Wollheim

SRL Group License #SA543981000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 1983

Lot Details

  • 8,625

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Wood Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Holmes Elementary School
  • Mesa Junior High School
  • Mesa High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • The owner pays for landscaping
  • Legal Lot and Block 7 / 1
  • Assessor Parcel Number 139-30-010-C

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8631
  • Milletts Green Acres Subdivision

Building Details

  • Operating Expense $2,042
  • Gross Income $18,414
  • Net Operating Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,054

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr/Southern
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: MILLETTS GREEN ACRES
  • Tax Parcel Letter: C
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Holmes Elementary School
  • High School: Mesa High School
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Lot Size: 8631
  • Additional Parcels: No
  • Parcel #: 139-30-010-C

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 18414.0
  • Insurance Expense: 988.0
  • Property Net Operating Income: 18600.0
  • Annual Operating Expense: 2042.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1054.0
  • Tax Block: 1
  • Tax Book Number: 139.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Nov 30, 2021
Sold by
Eyer Benjamin and Joines Melissa
Bought by
8Th Ave Mesa 2021 Llc
Seller's Agent
Michelle Regier
Keller Williams Integrity First
Buyer's Agent
Jaclyn Wollheim
SRL Group
List Price
$449,000
Sold Price
$475,000
Premium/Discount to List
$26,000
5.79%
Current Estimated Value
$528,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,027
Avg. Annual Appreciation
2.62%
Original Mortgage
$351,000
Outstanding Balance
$322,075
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$205,952

Purchase Details

Listed on
Oct 19, 2021
Closed on
Nov 17, 2021
Sold by
Woith Dale E and Woith Genevieve M
Bought by
Eyer Benjamin and Joines Melissa
Seller's Agent
Michelle Regier
Keller Williams Integrity First
Buyer's Agent
Jaclyn Wollheim
SRL Group
List Price
$449,000
Sold Price
$475,000
Premium/Discount to List
$26,000
5.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Outstanding Balance
$322,075
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$205,952

Purchase Details

Closed on
Jun 25, 2004
Sold by
Woith Dale Edward and Woith Genevieve Mary
Bought by
Woith Dale E and Woith Genevieve M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
8Th Ave Mesa 2021 Llc -- Accommodation
Eyer Benjamin $468,000 Premier Title Agency
Woith Dale E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eyer Benjamin $351,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2021 11/26/21 Sold $475,000 +5.8% $212 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $449,000 -- $201 / 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 $1,060 $10,743 -- --
2024 $1,063 $10,231 -- --
2023 $1,063 $38,450 $7,690 $30,760
2022 $1,041 $27,380 $5,470 $21,910
2021 $1,054 $22,730 $4,540 $18,190
2020 $1,040 $20,860 $4,170 $16,690
2019 $972 $16,420 $3,280 $13,140
2018 $933 $15,000 $3,000 $12,000
2017 $905 $13,180 $2,630 $10,550
2016 $888 $12,560 $2,510 $10,050
2015 $835 $10,530 $2,100 $8,430
Source: Public Records

Agents Affiliated with this Home

  • Michelle Regier

    Seller's Agent in 2021

    Michelle Regier

    Keller Williams Integrity First

    (480) 695-8390

    2 in this area

    70 Total Sales

    Michelle Regier
    Section Image

  • J

    Buyer's Agent in 2021

    Jaclyn Wollheim

    SRL Group

    (480) 612-0367

    1 in this area

    13 Total Sales

    Jaclyn Wollheim
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6309055

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-30-010C

Arizona Maricopa County Mesa 85204 Woodbridge Crossing

463 E 8th 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

Nearby Homes