NOT LISTED FOR SALE

Estimated Value: $423,881 - $573,000

4 Beds
-- Bath
1,794 Sq Ft
$264/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2021

Last sale price $408,500 $228 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,688 / mo

2 Days on Market

Highlights

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

About This Home

As of September 2021

This is a terrific solid investment. Gross rents are $2800 per month!! Tenants pay all utilities as well! Both tenants just signed year leases. The seller just updated unit two. There is fresh paint, new kitchen countertops, new faucet, vinyl flooring in living area and bedrooms, new ceiling fans, a new bathroom vanity/sink, new toilet, and new pulls on the kitchen cabinets! Unit one was updated about three years ago, and has a newer ac unit. Both units have private yards and a large main yard. Each unit has its own laundry room, and one covered parking space. There are vaulted ceilings for an open layout. Tenants have been there for over three years. The location is great, with close freeway access, and dining and shopping are close as well. Do not disturb tenants.

Last Agent to Sell the Property

Laney Brandt

HomeSmart License #SA509279000 Listed on: 08/30/2021

Co-Listed By

Sharon Berrett

Compass License #SA651857000

Last Buyer's Agent

Andrea Francis

West USA Realty License #BR654187000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1983

Lot Details

  • 7,710

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

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
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 166
  • Assessor Parcel Number 140-15-179

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7708
  • Greenfield Estates Unit 2 Subdivision

Building Details

  • Operating Expense $4,942
  • Gross Income $33,600
  • Net Operating Income $29,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,142

Year Built

Built in 1983

Lot Details

7,710 Sq Ft Lot

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: 1983
  • Tax Year: 2020
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: cril18
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: GREENFIELD ESTATES UNIT 2
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: 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/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:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • 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:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Satellite Dish: 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: 7708
  • Additional Parcels: No
  • Parcel #: 140-15-179

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 33600.0
  • Insurance Expense: 1800.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 29800.0
  • Annual Operating Expense: 4942.0

Tax Info

  • Tax Annual Amount: 1142.0
  • Tax Book Number: 140.00
  • Tax Lot: 166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2024
Sold by
Wilcox Isabelle R
Bought by
Ramiro Properties Llc
Current Estimated Value
$477,752

Purchase Details

Listed on
Aug 30, 2021
Closed on
Sep 23, 2021
Sold by
Thiara Mandhir and Thiara Manjit
Bought by
Wilcox Isabelle R
Seller's Agent
Laney Brandt
HomeSmart
Buyer's Agent
Andrea Francis
West USA Realty
List Price
$399,000
Sold Price
$408,500
Premium/Discount to List
$9,500
2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$292,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 15, 2018
Sold by
Brown Robert L and Brown Cheryl A
Bought by
Thiara Mandhir and Thiara Manjit
Seller's Agent
Ryan Brown
RMB Properties, LLC
Buyer's Agent
Laney Brandt
Compass
List Price
$259,000
Sold Price
$246,000
Premium/Discount to List
-$13,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.83%
Original Mortgage
$184,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2006
Sold by
Brown Robert L and Brown Cheryl A
Bought by
Brown Robert L and Brown Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2005
Sold by
The Principal Group Holdings Llc
Bought by
Casitas Del Camino 4721 Llc

Purchase Details

Closed on
Jul 8, 2003
Sold by
Freitas Moroni and Freitas Rhoda
Bought by
Vose Wayne and Vose Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2001
Sold by
Hunt Jon T and Hunt Loretta J
Bought by
Freitas Moroni and Freitas Rhoda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,200
Interest Rate
7.26%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ramiro Properties Llc -- None Listed On Document
Wilcox Isabelle R $408,500 First American Title Ins Co
Thiara Mandhir $246,000 Great American Title Agency
Brown Robert L $210,000 Grand Canyon Title Agency In
Casitas Del Camino 4721 Llc -- --
The Principal Group Holdings Llc -- --
Casitas Del Camino 4721 Llc -- --
Vose Wayne $130,000 Security Title Agency
Freitas Moroni $116,500 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Wilcox Isabelle R $292,500
Previous Owner Thiara Mandhir $184,500
Previous Owner Brown Robert L $168,000
Previous Owner Vose Wayne $117,000
Previous Owner Freitas Moroni $104,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $408,500 +2.4% $228 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $399,000 +62.2% $222 / Sq Ft
10/22/2018 10/22/18 Sold $246,000 -5.0% $137 / Sq Ft View Prior Sale
09/27/2018 09/27/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $259,000 -- $144 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,170 $11,495 -- --
2024 $1,174 $10,948 -- --
2023 $1,174 $30,710 $6,140 $24,570
2022 $1,150 $23,570 $4,710 $18,860
2021 $1,158 $19,550 $3,910 $15,640
2020 $1,142 $17,810 $3,560 $14,250
2019 $1,069 $14,300 $2,860 $11,440
2018 $1,024 $13,880 $2,770 $11,110
2017 $995 $11,550 $2,310 $9,240
2016 $975 $10,810 $2,160 $8,650
2015 $915 $9,350 $1,870 $7,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6286482

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-179

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