NOT LISTED FOR SALE

Estimated Value: $394,000 - $516,000

-- Bed
-- Bath
1,645 Sq Ft
$273/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $155,000 $94 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $2,584/month

183 Days on Market

Highlights

  • RV or Boat Parking
  • Central Heating and Cooling System
  • Concrete Flooring
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of July 2015

Excellent Rental Duplex on premium culdesac lot. The exterior has just been freshly painted. Each Unit is 2-bed/1-bath, approximately 820 Sq. Ft., with private covered patios, outside storage, and fenced yards. Each Unit has appliances, a food pantry, and a full size washer dryer hook-up. Both units were thoroughly remodeled in the past to include, light oak kitchen cabinets, new laminate counter-tops, and tile flooring throughout. The current owner also had second water meter installed, so the two Units are separately metered. Tenants pay all utilities. Unit #1 is rented for $620 per month, Unit #2 is rented for $630 per month. Current rents in the area are $675 - $700 per month.

Last Agent to Sell the Property

Francisca Z. Rydlund

1st USA Realty Professionals License #SA022097000 Listed on: 12/03/2014

Last Buyer's Agent

Francisca Z. Rydlund

1st USA Realty Professionals License #SA022097000 Listed on: 12/03/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $729

Year Built

  • Built in 1983

Lot Details

  • 7,797

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • RV or Boat Parking
  • Assigned Parking

Schools

  • O'connor Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Additional Features

  • Concrete Flooring
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, water, cable TV
  • Tax Lot 173
  • Assessor Parcel Number 140-15-186

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $729
  • Gross Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$729

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: GREENFIELD AND UNIVERSITY
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2013
  • Directions: EAST ON UNIVERSITY NORTH ON ROANOKE TURN RIGHT ON CAMINO - DO NOT DISTURB TENANTS
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV/Boat Parking, Assigned, Add'l Parking Avail, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Central: 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
  • Interior Amenities:Unfurnished: 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: IRR
  • Additional Parcels: No
  • Parcel #: 140-15-186

Multi Family

  • Owner Pays: None
  • Tenant Pays: Electricity, Water, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 15000.0
  • Annual Operating Expense: 729.0

Tax Info

  • Tax Annual Amount: 729.0
  • Tax Book Number: 140.00
  • Tax Lot: 173

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2024
Sold by
Mendoza Felipe
Bought by
Felipe Mendoza Trust and Mendoza
Total Days on Market
183
Current Estimated Value
$449,166

Purchase Details

Closed on
Nov 22, 2022
Sold by
Mendoza Felipe
Bought by
Felipe Mendoza Trust

Purchase Details

Listed on
Dec 3, 2014
Closed on
Jul 8, 2015
Sold by
Fay Timothy G
Bought by
Mendoza Felipe
Seller's Agent
Francisca Z. Rydlund
1st USA Realty Professionals
Buyer's Agent
Francisca Z. Rydlund
1st USA Realty Professionals
List Price
$168,000
Sold Price
$155,000
Premium/Discount to List
-$13,000
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Oct 17, 2000
Sold by
Offstein Elaine
Bought by
Fay Timothy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.89%
Source: Public Records

Range of Values:

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Average Value
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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
Felipe Mendoza Trust -- --
Mendoza Felipe $155,000 Equity Title Agency Inc
Fay Timothy G $95,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fay Timothy G $37,700
Previous Owner Fay Timothy G $85,300
Previous Owner Fay Timothy G $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2015 07/09/15 Sold $155,000 -7.7% $94 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $168,000 -- $102 / 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 $1,107 $10,912 -- --
2024 $1,116 $10,392 -- --
2023 $1,116 $29,060 $5,810 $23,250
2022 $1,094 $22,320 $4,460 $17,860
2021 $1,101 $18,560 $3,710 $14,850
2020 $1,085 $16,900 $3,380 $13,520
2019 $1,016 $13,510 $2,700 $10,810
2018 $974 $13,100 $2,620 $10,480
2017 $945 $10,920 $2,180 $8,740
2016 $924 $10,220 $2,040 $8,180
2015 $870 $8,800 $1,760 $7,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5207014

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-186