NOT LISTED FOR SALE

Estimated Value: $446,000 - $639,000

Studio
-- Bath
2,432 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 29, 2013

Last sale price $164,500 $68 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $2,970/month

83 Days on Market

Highlights

  • 6 Car Attached Garage
  • Cooling Available
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Ceramic Tile Flooring

About This Home

As of July 2013

Hard to find Mesa Tri-Plex! This property features three 2 bedroom 1 bath units with each having their own laundry in the shed. The interiors have tile floors and very little needed to rent them. Each unit has 1 covered parking space. All have private yards with the #3 unit having a large yard. Rents in area range from $500-600 per month. Purchase this property for as little as 3% down! Buyers or Buyers Agent to confirm any and all information deemed material to Buyer including schools, HOA, etc. Sold AS-IS. AGENTS PLEASE READ REALTOR REMARKS BEFORE CALLING.

Last Agent to Sell the Property

Doug Hill

Coldwell Banker Realty License #BR525638000 Listed on: 04/23/2013

Coldwell Banker Realty

Co-Listed By

John Gordon

Coldwell Banker Realty License #BR009377000

Last Buyer's Agent

Daniel Rosenbaum

Rosenbaum Realty Group License #BR636314000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1983

Lot Details

  • 9,322

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Siding

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Car Attached Garage
  • 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 electricity, water
  • The owner pays for landscaping
  • Tax Lot 143
  • Assessor Parcel Number 140-15-156

Community Details

Overview

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

Building Details

  • Operating Expense $836

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$836

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Greenfield & University
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cbrb12
  • Co List Office Phone: 480-834-9131
  • Subdivision Name: Greenfield Estates Unit 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Brick Veneer, Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attached, 1 Space/Unit, Common
  • Attached Garage: Yes
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Desert Landscaping: 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: 70x134
  • Additional Parcels: No
  • Parcel #: 140-15-156

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Electricity, Water
  • Number Of Units Total: 3
  • Annual Operating Expense: 836.0

Tax Info

  • Tax Annual Amount: 836.0
  • Tax Book Number: 140.00
  • Tax Lot: 143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jul 23, 2013
Sold by
Fannie Mae
Bought by
Rosenbaum Realty Llc
Seller's Agent
Doug Hill
Coldwell Banker Realty
Buyer's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
List Price
$139,900
Sold Price
$164,500
Premium/Discount to List
$24,600
17.58%
Current Estimated Value
$544,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,833
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
Apr 22, 2013
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 12, 2013
Sold by
Papic Joseph A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 3, 2008
Sold by
Papic Janice C
Bought by
Papic Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2008
Sold by
Caballero Property 4722 Llc
Bought by
Papic Joe A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2007
Sold by
Arnold Douglas F and Arnold Betty J
Bought by
Caballero Property 4722 Llc

Purchase Details

Closed on
Dec 14, 2005
Sold by
Caballero 4722 Llc
Bought by
Arnold Douglas F and Arnold Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,120
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2003
Sold by
Geahlen Constance D and Geahlen Donald L
Bought by
Caballero 4722 Llc

Purchase Details

Closed on
Jul 23, 2003
Sold by
Geahlen Constance D and Geahlen Donald L
Bought by
Geahlen Constance D and Geahlen Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2001
Sold by
Geahlen Donald L and Geahlen Constance D
Bought by
Geahlen Donald L and Geahlen Constance D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.57%

Purchase Details

Closed on
Dec 4, 1998
Sold by
Geahlen Donald L and Geahlen Constance D
Bought by
Geahlen Donald L and Geahlen Constance D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1998
Sold by
Wetzel William J and Wetzel Juaneta D
Bought by
Geahlen Donald L and Geahlen Constance D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Interest Rate
6.78%
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
Rosenbaum Realty Llc $165,830 Stewart Title & Trust Of Pho
Federal National Mortgage Association -- Accommodation
Wells Fargo Bank Na $171,569 Accommodation
Papic Joseph A -- Chicago Title
Papic Joe A $180,000 Chicago Title
Caballero Property 4722 Llc -- None Available
Arnold Douglas F $318,500 --
Caballero 4722 Llc -- --
Geahlen Constance D -- Lawyers Title Insurance Corp
Geahlen Donald L -- Chicago Title Insurance Co
Geahlen Donald L -- --
Geahlen Donald L $132,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Papic Joseph A $135,000
Previous Owner Arnold Douglas F $255,120
Previous Owner Geahlen Constance D $121,000
Previous Owner Geahlen Donald L $121,000
Previous Owner Geahlen Donald L $119,250
Closed Arnold Douglas F $63,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2013 07/29/13 Sold $164,500 +17.6% $68 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $139,900 -- $58 / 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 $1,475 $14,524 -- --
2024 $1,479 $13,832 -- --
2023 $1,479 $37,880 $7,570 $30,310
2022 $1,450 $29,280 $5,850 $23,430
2021 $1,460 $24,350 $4,870 $19,480
2020 $1,440 $22,380 $4,470 $17,910
2019 $1,347 $18,030 $3,600 $14,430
2018 $1,292 $17,030 $3,400 $13,630
2017 $1,254 $13,980 $2,790 $11,190
2016 $1,225 $13,330 $2,660 $10,670
2015 $1,154 $11,870 $2,370 $9,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4925294

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-156