NOT LISTED FOR SALE

Estimated Value: $456,473 - $474,000

Studio
-- Bath
1,725 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $315,000 $183 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,533/month

5 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of March 2020

GREAT OPPORTUNITY!! Calling all investors or buyers looking to live in one unit and rent the other! Tenants already in place! Beautifully maintained, no work needed Multiple Dwelling Residence in the East Valley! Neutral tiled floor, soothing palette, vaulted ceilings, & patio access from kitchen. Spacious eat-in kitchen features plenty of cabinets. Good sized bedrooms and closets & updated baths. The yards are a generous size with covered patio & room for a garden or toys! Newer roof, paint, landscape and much more. Seller has taken great care of this property! Call for a showing today!

Last Agent to Sell the Property

Megan Freemole

HomeSmart License #SA671723000 Listed on: 02/06/2020

HomeSmart

Last Buyer's Agent

Sophia Baron

Grace CRE License #BR648866000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,050

Year Built

  • Built in 1984

Lot Details

  • 7,710

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

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

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water
  • The owner pays for landscaping
  • Tax Lot 161
  • Assessor Parcel Number 140-15-174

Community Details

Overview

  • 2 Units
  • Building Dimensions are .18 acres/ 7714sf
  • Greenfield Estates Unit 2 Lot 108 258 Subdivision

Building Details

  • Operating Expense $1,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,050

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Greenfield & University
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENFIELD ESTATES UNIT 2 LOT 108-258
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: <1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Individual
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: O'Connor Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: .18 acres/ 7714sf
  • Additional Parcels: No
  • Parcel #: 140-15-174

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Electricity, Water
  • Number Of Units Total: 2
  • Annual Operating Expense: 1050.0

Tax Info

  • Tax Annual Amount: 1050.0
  • Tax Book Number: 140.00
  • Tax Lot: 161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Mar 5, 2020
Sold by
Lopez Gisela Sanchez and Beatty Lacie
Bought by
Beatty Lacie
Seller's Agent
Megan Freemole
HomeSmart
Buyer's Agent
Sophia Baron
Grace CRE
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$466,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,118
Avg. Annual Appreciation
6.96%
Original Mortgage
$309,294
Outstanding Balance
$273,611
Interest Rate
3.44%
Mortgage Type
FHA
Estimated Equity
$192,507

Purchase Details

Closed on
Aug 1, 2017
Sold by
Is Real Estate Holdings Llc
Bought by
Zacatenco Luis Roberto Islas and Villa Lucia Antonia Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2017
Sold by
Knutson Investments Llc
Bought by
Is Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2016
Sold by
Us Bank National Association
Bought by
Knutson Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,056
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2016
Sold by
Garcia Francisco Bernandino
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 14, 2006
Sold by
Gardea Martin and Garcia Francisco B
Bought by
Garcia Francisco Bernardino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
8%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 26, 2006
Sold by
Aburto Amada
Bought by
Gardea Martin

Purchase Details

Closed on
Jun 18, 2001
Sold by
Gardea Martin and Aburto Amada
Bought by
Gardea Martin and Aburto Amada

Purchase Details

Closed on
Dec 14, 2000
Sold by
Mcvea Russell L and Mcvea Peggy
Bought by
Gardea Martin and Aburto Amada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,430
Interest Rate
7.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 1996
Sold by
Mclean Peter C and Mclean Vivian L
Bought by
Mcvea Russell L and Mcvea Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.32%
Mortgage Type
New Conventional
Source: Public Records
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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
Beatty Lacie -- Chicago Title Agency
Beatty Lacie $315,000 Chicago Title Agency
Zacatenco Luis Roberto Islas $173,900 Security Title Agency Inc
Is Real Estate Holdings Llc $154,000 Fidelity National Title Agen
Knutson Investments Llc $142,419 Premium Title Agency Inc
Us Bank National Association $170,560 None Available
Garcia Francisco Bernardino -- Lawyers Title Insurance Corp
Gardea Martin -- Lawyers Title Insurance Corp
Gardea Martin -- Arizona Title Agency Inc
Gardea Martin $119,000 Arizona Title Agency Inc
Mcvea Russell L $81,500 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beatty Lacie $309,294
Previous Owner Zacatenco Luis Roberto Islas $156,500
Previous Owner Is Real Estate Holdings Llc $160,000
Previous Owner Knutson Investments Llc $121,056
Previous Owner Garcia Francisco Bernardino $158,000
Previous Owner Gardea Martin $115,430
Previous Owner Mcvea Russell L $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2020 03/20/20 Sold $315,000 0.0% $183 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $315,000 +115.8% $183 / Sq Ft
03/12/2017 03/12/17 Sold $146,000 -5.7% $85 / Sq Ft View Prior Sale
12/22/2016 12/22/16 For Sale $154,900 +8.8% $90 / Sq Ft
09/14/2016 09/14/16 Sold $142,419 -4.9% $83 / Sq Ft View Prior Sale
07/14/2016 07/14/16 Price Changed $149,800 -6.1% $87 / Sq Ft
06/29/2016 06/29/16 Price Changed $159,500 -6.0% $92 / Sq Ft
06/09/2016 06/09/16 For Sale $169,600 -- $98 / 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 $1,150 $11,288 -- --
2024 $1,153 $10,751 -- --
2023 $1,153 $29,960 $5,990 $23,970
2022 $1,130 $23,010 $4,600 $18,410
2021 $1,137 $19,080 $3,810 $15,270
2020 $1,122 $17,410 $3,480 $13,930
2019 $1,050 $13,960 $2,790 $11,170
2018 $1,006 $13,530 $2,700 $10,830
2017 $977 $11,310 $2,260 $9,050
2016 $958 $10,580 $2,110 $8,470
2015 $899 $9,150 $1,830 $7,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6033814

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-174