NOT LISTED FOR SALE

Estimated Value: $430,000 - $472,000

Studio
-- Bath
1,725 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $361,100 $209 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,412/month

39 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of April 2021

BACK ON THE MARKET!! Highly desirable location and well-maintained Duplex in East Mesa. One family has owned this duplex for 30 years! Heart break, but family has made decision to sell. Both 2 bed 1 bath units are rented for $700 a month... Below market rents!! Great opportunity to increase rents to a comparable $900/$1100. Each unit has a great room, spacious kitchen and a private yard and have private washer/dryer hook ups in storage area off the carport. Each unit is separately metered, owner pays water, sewer and trash. Carport covered parking. NO HOA!! All the pictures are of the North unit. Both units have the same floorplan. Solid investment opportunity!! NO lockbox. Drive by only please... Interior inspection only after accepted contract.

Last Agent to Sell the Property

John Cionci

Realty ONE Group License #BR037843000 Listed on: 02/24/2021

Last Buyer's Agent

Nikki Jackson

Keller Williams Realty Sonoran Living License #SA511772000

Keller Williams Realty Sonoran Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,115

Year Built

  • Built in 1984

Lot Details

  • 7,405

Home Design

  • Steel Frame
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 185
  • Assessor Parcel Number 140-15-198

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7300
  • Greenfield Estates Subdivision

Building Details

  • Operating Expense $1,115
  • Gross Income $1,400
  • Net Operating Income $1,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,115

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Greenfield and University
  • Property Type: Multiple Dwellings
  • Zoning: multi-family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2021
  • Road Surface Type: Private Street
  • Subdivision Name: GREENFIELD ESTATES
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range, Disposal, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Steel Frame, Painted, Stucco
  • Roof: Composition
  • Construction:Steel Frame: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Carport
  • 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 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: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 7300
  • Additional Parcels: No
  • Parcel #: 140-15-198

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 1400.0
  • Property Net Operating Income: 1400.0
  • Annual Operating Expense: 1115.0

Tax Info

  • Tax Annual Amount: 1115.0
  • Tax Book Number: 140.00
  • Tax Lot: 185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 20, 2021
Sold by
Vallejo Rafael A and Vallejo Paula
Bought by
Equity Trust Company
Seller's Agent
John Cionci
Realty ONE Group
Buyer's Agent
Nikki Jackson
Keller Williams Realty Sonoran Living
List Price
$340,000
Sold Price
$361,100
Premium/Discount to List
$21,100
6.21%
Current Estimated Value
$447,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,415
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Nov 13, 2007
Sold by
Vallejo Rafael A and Vallejo Paula
Bought by
Vallejo Rafael A and Vallejo Paula
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
Equity Trust Company $346,100 United Title Agency
Vallejo Rafael A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2021 04/21/21 Sold $361,100 +6.2% $209 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $340,000 -5.8% $197 / Sq Ft
03/25/2021 03/25/21 Off Market $361,100 -- --
03/25/2021 03/25/21 For Sale $340,000 0.0% $197 / Sq Ft
03/25/2021 03/25/21 Price Changed $340,000 0.0% $197 / Sq Ft
02/22/2021 02/22/21 For Sale $340,000 -- $197 / 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 $1,142 $11,232 -- --
2024 $1,146 $10,697 -- --
2023 $1,146 $29,820 $5,960 $23,860
2022 $1,123 $22,900 $4,580 $18,320
2021 $1,130 $18,970 $3,790 $15,180
2020 $1,115 $17,310 $3,460 $13,850
2019 $1,043 $13,900 $2,780 $11,120
2018 $1,000 $13,500 $2,700 $10,800
2017 $971 $11,270 $2,250 $9,020
2016 $949 $10,530 $2,100 $8,430
2015 $893 $9,110 $1,820 $7,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6198082

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-198