NOT LISTED FOR SALE

465 W Ivyglen St Unit 205 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $601,678 - $786,000

8 Beds
4 Baths
775 Sq Ft
$909/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $519,000 $670 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,799/month

9 Days on Market

Highlights

  • Community Barbecue Grill
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of April 2021

Investor opportunity! This 4 Plex has 100% occupancy through August. Looking for immediate cash flow? This is the property for you! All units have been well maintained and cared for by a hands on landlord. All appliances in each unit belong to owner! New Roof being installed February 22nd, 2021. Fresh exterior paint in 2019. Water heaters new within 5 years. All AC units newer and well maintained.

Last Agent to Sell the Property

Jacquelyn Buczko

Realty ONE Group License #SA585846000 Listed on: 02/04/2021

Realty ONE Group

Last Buyer's Agent

Michael Bennett

ATLAS AZ, LLC License #SA692576000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1986

Lot Details

  • 1,786

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • Carport
  • Paved Parking
  • Assigned Parking

Schools

  • Whittier Elementary School
  • Carson Junior High Middle School
  • Westwood High School

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 135-11-137

Community Details

Overview

  • 4 Units
  • Building Dimensions are 47.75x35
  • Ivyglen Townhouses Replat Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $7,518
  • Gross Income $33,120
  • Net Operating Income $26,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,338

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Country Club and McKellips
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: IVYGLEN TOWNHOUSES REPLAT
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Barbecue: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved, Assigned, Add'l Parking Avail, 1 Space/Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, 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: Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Whittier Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: 47.75x35
  • Additional Parcels: No
  • Parcel #: 135-11-137

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 33120.0
  • Property Net Operating Income: 26940.0
  • Annual Operating Expense: 7518.0

Tax Info

  • Tax Annual Amount: 1338.0
  • Tax Book Number: 135.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2021
Sold by
Lesko Andrew and Lesko Julie
Bought by
Full Vault Llc
Current Estimated Value
$704,170

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 24, 2021
Sold by
Anderson Mark A
Bought by
Lesko Andrew and Lesko Julie
Seller's Agent
Jacquelyn Buczko
Realty ONE Group
Buyer's Agent
Michael Bennett
ATLAS AZ, LLC
List Price
$519,000
Sold Price
$519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$375,000
Outstanding Balance
$336,728
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$367,442

Purchase Details

Closed on
Feb 24, 2015
Sold by
Arizona 6 Sfr Llc
Bought by
Anderson Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,361
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2011
Sold by
East Valley Sfr Llc
Bought by
Arizona 6 Sfr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2011
Sold by
Reynolds Steven L and Ober Reynolds Sharman
Bought by
East Valley Sfr Llc

Purchase Details

Closed on
Sep 21, 2000
Sold by
Taylor Robert B and Berg Thomas
Bought by
Reynolds Steven L and Ober Reynolds Sharman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,900
Interest Rate
7.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 1999
Sold by
Martin Marilynn Kay
Bought by
Berg Thomas Harold
Source: Public Records

Range of Values:

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Average Value
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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
Full Vault Llc -- None Available
Lesko Andrew $519,000 First Integrity Ttl Agcy Of
Anderson Mark A $177,500 Old Republic Title Agency
Arizona 6 Sfr Llc $850,000 Pacific Coast Title Company
East Valley Sfr Llc $70,000 Empire West Title Agency
Reynolds Steven L $154,900 Fidelity National Title
Berg Thomas Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lesko Andrew $375,000
Previous Owner Anderson Mark A $166,361
Previous Owner Arizona 6 Sfr Llc $850,000
Previous Owner Reynolds Steven L $114,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2021 04/06/21 Sold $519,000 0.0% $670 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $519,000 -- $670 / 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 $1,364 $13,824 -- --
2024 $1,368 $13,166 -- --
2023 $1,368 $44,360 $8,870 $35,490
2022 $1,340 $33,620 $6,720 $26,900
2021 $1,356 $31,800 $6,360 $25,440
2020 $1,338 $31,770 $6,350 $25,420
2019 $1,251 $19,450 $3,890 $15,560
2018 $1,200 $17,960 $3,590 $14,370
2017 $1,164 $15,410 $3,080 $12,330
2016 $1,143 $13,920 $2,780 $11,140
2015 $1,074 $13,970 $2,790 $11,180
Source: Public Records

Agents Affiliated with this Home

  • Jacquelyn Buczko

    Seller's Agent in 2021

    Jacquelyn Buczko

    Realty One Group

    (602) 327-3243

    2 in this area

    37 Total Sales

    Jacquelyn Buczko
    Section Image
  • Michael Bennett

    Buyer's Agent in 2021

    Michael Bennett

    ATLAS AZ, LLC

    (805) 886-0098

    2 in this area

    49 Total Sales

    Michael Bennett
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6193197

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-11-137

Arizona Maricopa County Mesa 85201 Riverview

465 W Ivyglen St Unit 205, Mesa, AZ

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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