NOT LISTED FOR SALE

4632 E Caballero St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $565,000 - $681,047

3 Beds
-- Bath
2,400 Sq Ft
$260/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $635,000 $265 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,410/month

9 Days on Market

Highlights

  • Central Heating and Cooling System
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of January 2023

Attractive renovated cash flowing TRIPLEX. All units are 2 bed, 1 bath and have their own private laundry rooms. Unit 3 has bonus room.
Unit 1 & 3 remodeled 2022. Unit 2 renovated 2020. DO NOT DISTURB TENANTS! DRIVE BY ONLY

Last Agent to Sell the Property

Steven Skarphol

HomeSmart License #BR019829000 Listed on: 12/09/2022

HomeSmart

Last Buyer's Agent

Steven Skarphol

HomeSmart License #BR019829000 Listed on: 12/09/2022

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,349

Year Built

  • Built in 1983

Lot Details

  • 9,278

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 152
  • Assessor Parcel Number 140-15-165

Community Details

Overview

  • 3 Units
  • Building Dimensions are 9270
  • Greenfield Estates Unit 2 Subdivision

Building Details

  • Operating Expense $3,449
  • Gross Income $50,730
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,349

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Greenfield/University
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-family
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2022
  • Road Surface Type: Dedicated Street, Concrete, Sidewalk(s)
  • Subdivision Name: GREENFIELD ESTATES UNIT 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: O'Connor Elementary School
  • High School: Red Mountain High School
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: 9270
  • Additional Parcels: No
  • Parcel #: 140-15-165

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 50730.0
  • Property Net Operating Income: 40000.0
  • Annual Operating Expense: 3449.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1349.0
  • Tax Book Number: 140.00
  • Tax Lot: 152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 2, 2023
Sold by
Johnson Walter
Bought by
Ecurb Iii Llc
Seller's Agent
Steven Skarphol
HomeSmart
Buyer's Agent
Steven Skarphol
HomeSmart
List Price
$725,000
Sold Price
$635,000
Premium/Discount to List
-$90,000
-12.41%
Views
32
Current Estimated Value
$624,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,738
Avg. Annual Appreciation
-0.61%
Original Mortgage
$444,500
Outstanding Balance
$430,503
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$193,759

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 31, 2023
Sold by
Johnson Walter
Bought by
Ecurb Iii Llc
Seller's Agent
Steven Skarphol
HomeSmart
Buyer's Agent
Steven Skarphol
HomeSmart
List Price
$725,000
Sold Price
$635,000
Premium/Discount to List
-$90,000
-12.41%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Outstanding Balance
$430,503
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$193,759

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 30, 2023
Sold by
Lutz Chad and Lutz Kammi
Bought by
Johnston Walter B
Seller's Agent
Steven Skarphol
HomeSmart
Buyer's Agent
Steven Skarphol
HomeSmart
List Price
$725,000
Sold Price
$635,000
Premium/Discount to List
-$90,000
-12.41%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Outstanding Balance
$430,503
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$193,759

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 24, 2023
Sold by
Lutz Chad and Lutz Kammi
Bought by
Johnston Walter B
Seller's Agent
Steven Skarphol
HomeSmart
Buyer's Agent
Steven Skarphol
HomeSmart
List Price
$725,000
Sold Price
$635,000
Premium/Discount to List
-$90,000
-12.41%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Outstanding Balance
$430,503
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$193,759

Purchase Details

Listed on
Nov 24, 2021
Closed on
Dec 16, 2021
Sold by
Kg Caballero Llc
Bought by
Lutz Chad and Lutz Kammi
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
Steven Skarphol
HomeSmart
List Price
$570,000
Sold Price
$580,000
Premium/Discount to List
$10,000
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$435,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2021
Sold by
Gardner Kyle Gene
Bought by
Kg Caballero Llc

Purchase Details

Listed on
Nov 11, 2020
Closed on
Dec 10, 2020
Sold by
Caballero 4632 Llc
Bought by
Gardner Kyle Gene
Seller's Agent
Donald Geahlen
Mesa Realty, Inc.
Buyer's Agent
Kyle Gardner
Evergreen Realty LLC
List Price
$425,000
Sold Price
$431,000
Premium/Discount to List
$6,000
1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$323,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2003
Sold by
Geahlen Donald L and Eahlen Constance D
Bought by
Caballero 4632 Llc

Purchase Details

Closed on
Nov 9, 2001
Sold by
Geahlen Donald L and Geahlen Constance D
Bought by
Geahlen Donald L and Geahlen Constance D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,300
Interest Rate
7.01%

Purchase Details

Closed on
Jul 10, 1998
Sold by
Geahlen Donald L and Geahlen Constance D
Bought by
Geahlen Donald L and Geahlen Constance D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1998
Sold by
Bonnetts Constance
Bought by
Geahlen Donald L and Geahlen Constance D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1994
Sold by
Jackson Jamie T and Jackson Sherrie R
Bought by
Bonnetts Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.38%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ecurb Iii Llc -- --
Ecurb Iii Llc -- None Listed On Document
Johnston Walter B $635,000 First American Title Insurance
Johnston Walter B $635,000 First American Title Insurance
Lutz Chad $580,000 Az Title
Kg Caballero Llc -- None Available
Gardner Kyle Gene $431,000 Az Title Agency
Caballero 4632 Llc -- --
Geahlen Donald L -- Chicago Title Insurance Co
Geahlen Donald L -- --
Geahlen Donald L $124,000 Chicago Title Insurance Co
Bonnetts Constance $99,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Walter B $444,500
Closed Johnston Walter B $444,500
Previous Owner Lutz Chad $435,000
Previous Owner Gardner Kyle Gene $323,250
Previous Owner Geahlen Donald L $112,300
Previous Owner Geahlen Donald L $111,600
Previous Owner Bonnetts Constance $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2023 01/30/23 Sold $635,000 -12.4% $265 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $725,000 +25.0% $302 / Sq Ft
12/23/2021 12/23/21 Sold $580,000 +1.8% $242 / Sq Ft View Prior Sale
11/24/2021 11/24/21 For Sale $570,000 +32.3% $238 / Sq Ft
12/14/2020 12/14/20 Sold $431,000 +1.4% $180 / Sq Ft View Prior Sale
11/14/2020 11/14/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $425,000 -- $177 / 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 $1,373 $13,490 -- --
2024 $1,377 $12,847 -- --
2023 $1,377 $37,550 $7,510 $30,040
2022 $1,349 $29,020 $5,800 $23,220
2021 $1,358 $24,130 $4,820 $19,310
2020 $1,340 $22,180 $4,430 $17,750
2019 $1,254 $17,800 $3,560 $14,240
2018 $1,202 $16,900 $3,380 $13,520
2017 $1,167 $13,900 $2,780 $11,120
2016 $1,145 $13,270 $2,650 $10,620
2015 $1,074 $11,410 $2,280 $9,130
Source: Public Records

Agents Affiliated with this Home

  • Steven Skarphol

    Seller's Agent in 2023

    Steven Skarphol

    HomeSmart

    (602) 317-5164

    3 in this area

    49 Total Sales

    Steven Skarphol
    Section Image
  • Ben Arredondo

    Seller's Agent in 2021

    Ben Arredondo

    My Home Group Real Estate

    (480) 206-7077

    10 in this area

    472 Total Sales

    Ben Arredondo
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Kyle Gardner

    My Home Group

  • D

    Seller's Agent in 2020

    Donald Geahlen

    Mesa Realty, Inc.

    (602) 999-9350

    2 in this area

    10 Total Sales

    Donald Geahlen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6497177

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-165

Arizona Maricopa County Mesa 85205 Central Mesa East

4632 E Caballero St, Mesa, AZ

Not Listed for Sale

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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