NOT LISTED FOR SALE

4747 E Caballero St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $426,377 - $641,000

Studio
-- Bath
2,432 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $250,000 $103 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,877/month

42 Days on Market

Highlights

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

About This Home

As of March 2018

**Drive By Only- Do Not Disturb Tenants** Fully Occupied Mesa Triplex with an Average Rent of $600+ Per Unit! All Three Units are Two Bed/One Baths with Laundry Rooms for Each Unit. Water Individually Metered and Tenants Currently Pay Their Own Electric and W/S/T. Marketing Photos taken from most recent rental listings of Units #1/2. Unit #3 has been in place since 2001. Feel free to Call/Email with Any Additional Questions.

Last Agent to Sell the Property

Gerald Centner

Red Hawk Realty License #BR540392000 Listed on: 01/11/2018

Co-Listed By

Alex C.

Red Hawk Realty License #SA578913000

Last Buyer's Agent

Victoria Yang

Sweet Dream Homes Realty License #BR650899000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,191

Year Built

  • Built in 1983

Lot Details

  • 9,453

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

  • Entz Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer
  • Tax Lot 123
  • Assessor Parcel Number 140-15-136

Community Details

Overview

  • 3 Units
  • Building Dimensions are 135.42 x 69.94

Building Details

  • Operating Expense $5,391
  • Gross Income $21,059
  • Net Operating Income $16,319

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,191

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Greenfield and University
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reha001
  • Co List Office Phone: 480-396-9766
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • 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:Street Parking: 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
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Entz Elementary School
  • High School: Red Mountain High School
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: 135.42 x 69.94
  • Additional Parcels: No
  • Parcel #: 140-15-136

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 21058.7
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 16319.0
  • Annual Operating Expense: 5391.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1191.0
  • Tax Book Number: 140.00
  • Tax Lot: 123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Apr 2, 2018
Sold by
Ozaki Shoichi
Bought by
Tam Kwok Kuen and Tam Vickie
Seller's Agent
Gerald Centner
Red Hawk Realty
Buyer's Agent
Victoria Yang
Sweet Dream Homes Realty
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Current Estimated Value
$527,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,844
Avg. Annual Appreciation
10.06%
Original Mortgage
$175,000
Outstanding Balance
$150,357
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$377,487

Purchase Details

Closed on
Jun 26, 2004
Sold by
Ozaki Tomoko
Bought by
Ozaki Shoichi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.31%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 29, 2004
Sold by
Marne Llc
Bought by
Ozaki Shoichi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.31%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 20, 2003
Sold by
Coester David K and Coester Neva M
Bought by
Marne Llc

Purchase Details

Closed on
Dec 9, 1996
Sold by
Coester David K and Coester Neva M
Bought by
Coester David K and Coester Neva M

Purchase Details

Closed on
Jan 16, 1995
Sold by
Holeman Claudine J
Bought by
Coester David K and Coester Neva M
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
Tam Kwok Kuen $250,000 Driggs Title Agency Inc
Ozaki Shoichi -- First American Title Ins Co
Ozaki Shoichi $210,000 First American Title Ins Co
Marne Llc -- --
Coester David K -- --
Coester David K $90,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Kwok Kuen $175,000
Previous Owner Ozaki Shoichi $147,000
Previous Owner Ozaki Shoichi $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2018 03/28/18 Sold $250,000 -7.4% $103 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $269,900 -- $111 / 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 $1,401 $13,753 -- --
2024 $1,405 $13,098 -- --
2023 $1,405 $36,980 $7,390 $29,590
2022 $1,377 $28,600 $5,720 $22,880
2021 $1,386 $23,780 $4,750 $19,030
2020 $1,367 $21,860 $4,370 $17,490
2019 $1,279 $17,230 $3,440 $13,790
2018 $1,226 $16,070 $3,210 $12,860
2017 $1,191 $13,200 $2,640 $10,560
2016 $1,163 $12,570 $2,510 $10,060
2015 $1,095 $11,360 $2,270 $9,090
Source: Public Records

Agents Affiliated with this Home

  • Gerald Centner

    Seller's Agent in 2018

    Gerald Centner

    Red Hawk Realty

    (480) 560-4229

    47 Total Sales

    Gerald Centner
    Section Image

  • A

    Seller Co-Listing Agent in 2018

    Alex C.

    Red Hawk Realty

    2 Total Sales

    Alex C.
    Section Image

  • V

    Buyer's Agent in 2018

    Victoria Yang

    Sweet Dream Homes Realty

    (480) 335-8298

    8 Total Sales

    Victoria Yang
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5707213

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-136

Arizona Maricopa County Mesa 85205 Central Mesa East

4747 E Caballero St, Mesa, AZ

Not Listed for Sale

MultiFamily

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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