NOT LISTED FOR SALE

4723 E Caballero St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $602,000 - $731,000

3 Beds
-- Bath
2,432 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $256,650 $106 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,638/month

6 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of July 2017

GREAT INVESTMENT OPPORTUNITY LOCATED IN DESIRABLE NORTH EAST MESA!! CAP RATE IS 7. TENANTS PAY FOR ALL UTILITIES!! ROOF REPLACED IN 2014!! ONE OF THE 3 UNITS HAVE BEEN REMODELED INSIDE! OTHER TWO UNITS HAVE BEEN CLEANED AND PAINTED ETC WHEN TENANTS HAVE MOVED OUT. THERE IS UPSIDE IN THE RENTS. RENTS ARE AS FOLLOWS: UNIT 1 $625, UNIT 2 $725 UNIT 3 $625.

Last Listed By

Michael Smith

Barrett Real Estate License #BR635584000 Listed on: 05/26/2017

Barrett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,168

Year Built

  • Built in 1983

Lot Details

  • 9,409

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 4 Open Parking Spaces
  • 7 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer
  • Tax Lot 119
  • Assessor Parcel Number 140-15-132

Community Details

Overview

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

Building Details

  • Operating Expense $3,928
  • Gross Income $23,700
  • Net Operating Income $20,875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,168

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Greenfield and University -
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: D
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2016
  • Directions: East to Roanoke - North to Caballero - West to property.
  • Road Surface Type: Concrete
  • Professional Management Expense: 1440.0
  • Co List Office Mls Id: ddsm01
  • Co List Office Phone: 480-967-1333
  • Subdivision Name: GREENFIELD ESTATES UNIT 2 LOT 108-258
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Carport: 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: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 140-15-132

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 23700.0
  • Insurance Expense: 720.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 20875.0
  • Annual Operating Expense: 3928.0

Tax Info

  • Tax Annual Amount: 1168.0
  • Tax Book Number: 140.00
  • Tax Lot: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2025
Sold by
Tlw Land Holdings Llc
Bought by
Nna Developments S De Rl De Cv Llc
Total Days on Market
6
Current Estimated Value
$635,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$404,661
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$230,618

Purchase Details

Closed on
Jan 14, 2021
Sold by
Wengert Terry E
Bought by
Tlw Land 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
$189,700
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2020
Sold by
Wengert Lori and Wengert Terry E
Bought by
Wengert Terry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,700
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2018
Sold by
Wengert Terry E
Bought by
Tlw Land Holdings Llc

Purchase Details

Listed on
May 26, 2017
Closed on
Jun 28, 2017
Sold by
Lew Ken and Lew Hyun S
Bought by
Wengert Terry E
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
Jake Allen
Tradelands Realty
List Price
$279,000
Sold Price
$256,650
Premium/Discount to List
-$22,350
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%
Original Mortgage
$192,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2017
Closed on
Jun 1, 2017
Sold by
Wengert Lori
Bought by
Wengert Terry E
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
Jake Allen
Tradelands Realty
List Price
$279,000
Sold Price
$256,650
Premium/Discount to List
-$22,350
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2005
Sold by
Ecab Properties Llc
Bought by
Lew Ken and Lew Hyun S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.93%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 22, 2000
Sold by
Anderson Rodger W
Bought by
Sarina James Charles and Sarina Michelle Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 15, 1995
Sold by
Anderson Jojoyce M and Purdy Gary W
Bought by
Anderson Rodger W

Purchase Details

Closed on
Jul 25, 1994
Sold by
Anderson Rodger W
Bought by
Anderson Jojoyce M and Purdy Gary W

Purchase Details

Closed on
Apr 9, 1994
Sold by
Anderson Jo Joyce M
Bought by
Anderson Rodger W

Range of Values:

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Average Value
Not Available
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
Nna Developments S De Rl De Cv Llc $604,000 Security Title Agency
Tlw Land Holdings Llc -- None Available
Wengert Terry E -- Pioneer Title Agency Inc
Wengert Terry E -- Pioneer Title Agency Inc
Tlw Land Holdings Llc -- None Available
Wengert Terry E $256,650 Empire West Title Agency
Wengert Terry E -- Empire West Title Agency
Lew Ken $235,000 Security Title Agency Inc
Sarina James Charles $140,000 Transnation Title Insurance
Anderson Rodger W -- --
Anderson Jojoyce M -- --
Anderson Rodger W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nna Developments S De Rl De Cv $405,000
Previous Owner Wengert Terry E $189,700
Previous Owner Wengert Terry E $192,000
Previous Owner Wengert Terry E $192,000
Previous Owner Lew Ken $188,000
Previous Owner Sarina James Charles $132,400
Previous Owner Sarina James Charles $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Sold $256,650 -8.0% $106 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $279,000 -- $115 / 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 $36,980 $7,390 $29,590
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

  • Michael Smith

    Seller's Agent in 2017

    Michael Smith

    Barrett Real Estate

    6 in this area

    182 Total Sales

    Michael Smith
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Kathleen Smith

    Barrett Real Estate

    (480) 967-1333

    3 in this area

    79 Total Sales

    Kathleen Smith
    Section Image

  • J

    Buyer's Agent in 2017

    Jake Allen

    Tradelands Realty

    (480) 610-6833

    1 in this area

    48 Total Sales

    Jake Allen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5610926

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-132

Arizona Maricopa County Mesa 85205 Central Mesa East

4723 E Caballero St, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 4723 E Caballero St, Mesa, AZ 85205 since 26 May 2017 and is currently estimated at $635,279, approximately $261 per square foot. This property was built in 1983. 4723 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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