NOT LISTED FOR SALE

4657 E Caballero St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $401,246 - $628,000

Studio
-- Bath
2,088 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $235,500 $113 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,735/month

60 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of April 2018

**DRIVE-BY ONLY***DO NOT DISTURB TENANTS***EACH UNIT EQUIPPED WITH W/D, REFRIGERATOR, DISHWASHER, RANGE/OVEN, DISPOSAL. AMPLE PARKING OFF OF STREET, EACH UNIT HAS PRIVATE BACKYARD. RECENTLY PAINTED, NEWER CARPET. OWNER NEVER OCCUPIED. ALL UNITS OCCUPIED!**NEW SEWER LINE INSTALLED 2016** #1 pays $695/mo. #2 pays $719/mo. & #3 pays $620/mo. There is room for raising the rent.

Last Agent to Sell the Property

Maggie Smith

Valley Executives Real Estate License #BR564185000 Listed on: 02/09/2018

Last Buyer's Agent

Scott Cook

RE/MAX Solutions License #BR564464000

RE/MAX Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1982

Lot Details

  • 9,409

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 114
  • Assessor Parcel Number 140-15-127

Community Details

Overview

  • 3 Units
  • Building Dimensions are 70x134
  • Greenfield Estates Unit 2 Lot 108 258 Subdivision

Building Details

  • Operating Expense $8,345
  • Gross Income $24,408
  • Net Operating Income $19,513

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,080

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: GREENFIELD/UNIVERSITY
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENFIELD ESTATES UNIT 2 LOT 108-258
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • 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:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 2998.0

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: 70x134
  • Additional Parcels: No
  • Parcel #: 140-15-127

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 24408.0
  • Insurance Expense: 817.0
  • Maintenance Expense: 2775.0
  • Property Net Operating Income: 19513.0
  • Annual Operating Expense: 8345.0

Tax Info

  • Tax Annual Amount: 1080.0
  • Tax Book Number: 140.00
  • Tax Lot: 114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Apr 19, 2018
Sold by
Domenici Robert and Domenici Kathleen
Bought by
Gdc Properties Llc
Seller's Agent
Maggie Smith
Valley Executives Real Estate
Buyer's Agent
Scott Cook
RE/MAX Solutions
List Price
$269,000
Sold Price
$235,500
Premium/Discount to List
-$33,500
-12.45%
Current Estimated Value
$502,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,312
Avg. Annual Appreciation
10.32%

Purchase Details

Closed on
Oct 5, 2004
Sold by
Cook Sheldon R and Cook Kittrean Tanner
Bought by
Domenici Robert P and Domenici Kathleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2004
Sold by
Cook Sheldon R and Cook Kittrean Tanner
Bought by
Cook Sheldon R and Cook Kittrean Tanner

Purchase Details

Closed on
Aug 11, 1999
Sold by
Ebert William J and Ebert Dorothy A
Bought by
Cook Sheldon and Cook Kittrean Tanner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
7.5%
Mortgage Type
Seller Take Back
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
Gdc Properties Llc $235,500 Clear Title Agency Of Arizon
Domenici Robert P $225,000 Capital Title Agency Inc
Cook Sheldon R -- --
Cook Sheldon $127,500 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Domenici Robert P $180,000
Previous Owner Cook Sheldon $114,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $235,500 -9.1% $113 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
04/02/2018 04/02/18 Price Changed $259,000 -3.7% $124 / Sq Ft
02/08/2018 02/08/18 For Sale $269,000 -- $129 / 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 $1,271 $12,436 -- --
2024 $1,275 $11,844 -- --
2023 $1,275 $33,170 $6,630 $26,540
2022 $1,249 $25,750 $5,150 $20,600
2021 $1,257 $21,480 $4,290 $17,190
2020 $1,239 $19,680 $3,930 $15,750
2019 $1,160 $15,420 $3,080 $12,340
2018 $1,112 $14,430 $2,880 $11,550
2017 $1,080 $11,900 $2,380 $9,520
2016 $1,055 $11,310 $2,260 $9,050
2015 $993 $9,930 $1,980 $7,950
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Maggie Smith

    Valley Executives Real Estate

    (480) 756-4281

    16 Total Sales

    Maggie Smith
    Section Image
  • Scott Cook

    Buyer's Agent in 2018

    Scott Cook

    RE/MAX

    (480) 993-9317

    6 in this area

    164 Total Sales

    Scott Cook
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5721291

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-127

Arizona Maricopa County Mesa 85205 Central Mesa East

4657 E Caballero St, 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

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