NOT LISTED FOR SALE

465 W Ivyglen St Unit 209 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $673,309 - $790,000

-- Bed
4 Baths
775 Sq Ft
$921/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $593,000 $765 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,852/month

7 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of May 2021

Great Investor Opportunity. 4-PLEX with NEW ROOF and some Units have been remodeled. Ceramic Tile, newer A/C, Water heaters, Counter tops& Appliances. Units have Ceiling fans in all rooms. All units are rented.

Last Agent to Sell the Property

Adam Lee

My Home Group Real Estate License #SA567325000 Listed on: 04/20/2021

Last Buyer's Agent

Melissa Pimentel

Call Realty, Inc. License #SA665985000

Call Realty, Inc.

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

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 5 / 1020
  • Assessor Parcel Number 135-11-139

Community Details

Overview

  • 4 Units
  • Building Dimensions are 4568
  • Ivyglen Townhouses Replat Subdivision

Building Details

  • Operating Expense $6,738
  • Gross Income $42,000
  • Net Operating Income $36,600

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 & McKellips
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2020
  • Road Surface Type: Asphalt, Dedicated Street, Private Street, Curb(s) & Gutter(s)
  • Subdivision Name: IVYGLEN TOWNHOUSES REPLAT
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Assigned, Add'l Parking Avail, <1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Community Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Trash Expense: 810.0
  • Annual Water Sewer Expense: 810.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 4568
  • Additional Parcels: No
  • Parcel #: 135-11-139

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 42000.0
  • Property Net Operating Income: 36600.0
  • Annual Operating Expense: 6738.0

Tax Info

  • Tax Annual Amount: 1338.0
  • Tax Block: 1020
  • Tax Book Number: 135.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
May 12, 2021
Sold by
Card Michael G
Bought by
Bassett Properties Llc
Seller's Agent
Adam Lee
My Home Group Real Estate
Buyer's Agent
Melissa Pimentel
Call Realty, Inc.
List Price
$575,000
Sold Price
$593,000
Premium/Discount to List
$18,000
3.13%
Current Estimated Value
$714,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,077
Avg. Annual Appreciation
4.26%
Original Mortgage
$385,450
Outstanding Balance
$349,314
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$364,763

Purchase Details

Closed on
Sep 19, 2016
Sold by
Mcgraw Scott A
Bought by
Card Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jun 24, 2015
Sold by
Brown John and Brown Joella
Bought by
Mcgraw Scott A
Seller's Agent
Lisa Miller
Realty ONE Group
Buyer's Agent
Kirby Godber
Dwellings Realty Group
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Original Mortgage
$142,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2010
Sold by
Aurora Loan Services Llc
Bought by
Brown John F and Brown Joella

Purchase Details

Closed on
Dec 31, 2009
Sold by
Saidian Ray and Saidian Emily
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 11, 2005
Sold by
Bird Lewis and Bird Linda
Bought by
Saidian Ray and Saidian Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,250
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2004
Sold by
Moritz Terence P and Moritz Regina G
Bought by
Bird Lewis and Bird Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Bassett Properties Llc $588,000 Ez Title Agency Llc
Card Michael G $242,000 Security Title Agency Inc
Mcgraw Scott A $210,000 First American Title Ins Co
Brown John F $81,900 Chicago Title
Aurora Loan Services Llc $185,552 Accommodation
Saidian Ray $265,000 Fidelity National Title
Bird Lewis $205,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassett Properties Llc $385,450
Previous Owner Card Michael G $177,750
Previous Owner Mcgraw Scott A $142,500
Previous Owner Saidian Ray $172,250
Previous Owner Bird Lewis $153,750
Closed Saidian Ray $66,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $593,000 +3.1% $765 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $575,000 +187.5% $742 / Sq Ft
08/17/2015 08/17/15 Sold $200,000 -4.8% $258 / Sq Ft View Prior Sale
06/18/2015 06/18/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $210,000 -- $271 / 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 $44,350 $8,870 $35,480
2022 $1,340 $33,610 $6,720 $26,890
2021 $1,356 $31,780 $6,350 $25,430
2020 $1,338 $31,760 $6,350 $25,410
2019 $1,251 $19,430 $3,880 $15,550
2018 $1,200 $17,950 $3,590 $14,360
2017 $1,164 $15,400 $3,080 $12,320
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

  • A

    Seller's Agent in 2021

    Adam Lee

    My Home Group Real Estate

  • M

    Buyer's Agent in 2021

    Melissa Pimentel

    Call Realty, Inc.

    (480) 988-7100

    5 in this area

    48 Total Sales

    Melissa Pimentel
    Section Image
  • Lisa Miller

    Seller's Agent in 2015

    Lisa Miller

    Realty One Group

    (480) 309-0519

    1 in this area

    15 Total Sales

    Lisa Miller
    Section Image

  • K

    Buyer's Agent in 2015

    Kirby Godber

    Dwellings Realty Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6224341

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-11-139

Arizona Maricopa County Mesa 85201 Riverview

465 W Ivyglen St Unit 209, 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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