NOT LISTED FOR SALE

4715 E Caballero St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $566,000 - $644,000

-- Bed
-- Bath
2,432 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $535,000 $220 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,448/month

6 Days on Market

Highlights

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

About This Home

As of October 2021

Pleased to offer Triplex available in desirable Mesa. This is a great investment, the units are separate metered and the tenants pay all utilities. The units are 2 bedroom/ 1 bath. The tenants have undercover parking, large common grass area and mature landscaping. The market rent is between $1,100 and $1,300 a month for 2 bedroom units. Currently collecting $2505. One lease is MTM, for owner occupied opportunity. The property is professionally managed. All facts and figures are approximate to be verified by buyer or buyers agent. Do not walk the property.

Last Listed By

Heather Cates

Citiea License #BR539874000 Listed on: 08/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 1983

Lot Details

  • 9,409

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • Carport

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for landscaping
  • Tax Lot 118
  • Assessor Parcel Number 140-15-131

Community Details

Overview

  • 3 Units
  • Building Dimensions are 69.94x134.97x69.94x134.97
  • Greenfield Estates Unit 2 Subdivision

Building Details

  • Operating Expense $8,431
  • Gross Income $51,744
  • Net Operating Income $43,313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,367

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Greenfield/University
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: M_H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2020
  • Directions: East of Greenfield on University to Quinn (first street). North to Caballero (first street). East to property on the South side.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2719.0
  • Subdivision Name: GREENFIELD ESTATES UNIT 2
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Other (See Remarks)51: 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: 69.94x134.97x69.94x134.97
  • Additional Parcels: No
  • Parcel #: 140-15-131

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 51744.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1660.0
  • Property Net Operating Income: 43313.0
  • Annual Operating Expense: 8431.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1367.0
  • Tax Book Number: 140.00
  • Tax Lot: 118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Sep 8, 2021
Sold by
Darryl And Shirley Low-Yock Family Trust
Bought by
Reader Laike and Motes Theodore Dean
Seller's Agent
Heather Cates
Citiea
Buyer's Agent
Edward Surchik
Realty Executives
List Price
$545,000
Sold Price
$535,000
Premium/Discount to List
-$10,000
-1.83%
Total Days on Market
6
Current Estimated Value
$598,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,195
Avg. Annual Appreciation
3.76%
Original Mortgage
$500,049
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2008
Sold by
Low Yock Darryl and Low Yock Shirley
Bought by
Low Yock Darryl and Low Yock Shirley

Purchase Details

Closed on
Nov 9, 2005
Sold by
Ddf Properties Llc
Bought by
Yock Darryl Low and Yock Shirley Low

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,250
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2005
Sold by
Fonner Rose D
Bought by
Ddf Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,250
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2004
Sold by
Crook Dustin R and Crook Deeanna M
Bought by
Fonner Ross D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2001
Sold by
Abbott Richard F
Bought by
Crook Dustin R and Crook Deeanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2000
Sold by
Keefe James T
Bought by
Abbott Richard F

Purchase Details

Closed on
Nov 21, 1996
Sold by
Eastman Kirt J
Bought by
Keefe James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
7.59%
Mortgage Type
New Conventional

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
Reader Laike $565,000 Security Title Agency Inc
Low Yock Darryl -- None Available
Yock Darryl Low $339,000 Fidelity National Title
Ddf Properties Llc -- --
Fonner Ross D $195,000 Stewart Title & Trust
Crook Dustin R $154,000 Security Title Agency
Abbott Richard F $139,500 Stewart Title & Trust
Keefe James T $118,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reader Laike $500,049
Previous Owner Low Yock Darryl $214,498
Previous Owner Yock Darryl Low $231,250
Previous Owner Fonner Ross D $29,200
Previous Owner Fonner Ross D $146,250
Previous Owner Crook Dustin R $141,000
Previous Owner Crook Dustin R $138,600
Previous Owner Keefe James T $94,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $535,000 -1.8% $220 / Sq Ft
10/16/2021 10/16/21 Price Changed $545,000 0.0% $224 / Sq Ft
09/24/2021 09/24/21 For Sale $545,000 0.0% $224 / Sq Ft
09/24/2021 09/24/21 Price Changed $545,000 0.0% $224 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $545,000 -- $224 / 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 $1,394 $13,753 -- --
2024 $1,405 $13,098 -- --
2023 $1,405 $36,970 $7,390 $29,580
2022 $1,377 $28,580 $5,710 $22,870
2021 $1,386 $23,770 $4,750 $19,020
2020 $1,367 $21,850 $4,370 $17,480
2019 $1,279 $17,230 $3,440 $13,790
2018 $1,226 $16,060 $3,210 $12,850
2017 $1,191 $13,200 $2,640 $10,560
2016 $1,168 $12,570 $2,510 $10,060
2015 $1,095 $11,360 $2,270 $9,090
Source: Public Records

Agents Affiliated with this Home

  • Heather Cates

    Seller's Agent in 2021

    Heather Cates

    Citiea

    (480) 616-4433

    1 in this area

    35 Total Sales

    Heather Cates
    Section Image
  • Edward Surchik

    Buyer's Agent in 2021

    Edward Surchik

    Realty Executives

    (480) 250-3595

    5 in this area

    100 Total Sales

    Edward Surchik
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6280544

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-131

Arizona Maricopa County Mesa 85205 Central Mesa East

4715 E Caballero St, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 4715 E Caballero St, Mesa, AZ 85205 since 17 August 2021 and is currently estimated at $598,195, approximately $245 per square foot. This property was built in 1983. 4715 E Caballero St is a home located in Maricopa County with nearby schools including O'Connor Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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