NOT LISTED FOR SALE

Estimated Value: $581,856

Studio
-- Bath
2,336 Sq Ft
$249/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2024

Last sale price $560,000 $240 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,237 / mo

3 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Desert Landscape

About This Home

As of May 2024

TRIPLEX - Fully occupied! Great opportunity for investment or owner occupied. All three units are 2 bedrooms, 1 bathroom, with 1 parking space and plenty of street parking. Tenants are currently month-to-month leases and paying below market value. High CAP rate!

Last Agent to Sell the Property

Joseph Bostaph

Berkshire Hathaway HomeServices Arizona Properties License #SA704688000 Listed on: 04/04/2024

Co-Listed By

Kelly Cobb

Berkshire Hathaway HomeServices Arizona Properties License #SA710567000

Last Buyer's Agent

Fredy Pimentel

Barrett Real Estate License #SA711182000

Barrett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,351

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Parking

  • 6 Open Parking Spaces
  • 9 Parking Spaces
  • Carport
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available
  • Gas Available

Additional Features

  • Ceramic Tile Flooring
  • Desert Landscape

Listing and Financial Details

  • Tenant pays for water, sewer, electricity, gas, trash collection
  • Tax Lot 135
  • Assessor Parcel Number 140-15-148

Community Details

Overview

  • 3 Units
  • Building Dimensions are 134’x70’
  • Greenfield Estates Unit 2 Subdivision

Building Details

  • Operating Expense $1,351
  • Gross Income $38,880
  • Net Operating Income $36,899

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,351

Year Built

Built in 1983

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: D (2)
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: praz07
  • Co List Office Phone: 480-467-4900
  • Subdivision Name: GREENFIELD ESTATES UNIT 2
  • Const - Finish:Const - Finish: Siding
  • Cooling:Cooling: Electric
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: City Electric
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Refrigerator
  • Interior Features:Interior Features: Other (See Remarks)

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Siding
  • Roof: Composition
  • Exterior Amenities: Desert Landscaping

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved, Carport
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 9.0
  • Parking Features:Parking Features: Paved, Carport

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 134’x70’
  • Additional Parcels: No
  • Parcel #: 140-15-148

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Electricity, Gas, Trash Collection
  • Number Of Units Total: 3
  • Annual Gross Income: 38880.0
  • Property Net Operating Income: 36899.0
  • Annual Operating Expense: 1351.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1351.0
  • Tax Book Number: 140.0
  • Tax Lot: 135

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2025
Sold by
Bought by
Current Estimated Value
$581,856

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 7, 2024
Sold by
Bought by
Seller's Agent
Joseph Bostaph
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Fredy Pimentel
Barrett Real Estate
List Price
$560,000
Sold Price
$560,000
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%
Original Mortgage
$420,000
Interest Rate
0.0687%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 23, 1998
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$560,000 Navi Title Agency
-- None Available
-- Fidelity Title
$130,000 Fidelity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $420,000
Closed $98,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/07/2024 05/07/24 Sold $560,000 0.0% $240 / Sq Ft
04/10/2024 04/10/24 Price Changed $560,000 0.0% $240 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $560,000 -- $240 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,347 $13,226 -- --
2024 $1,351 $12,597 -- --
2023 $1,351 $36,750 $7,350 $29,400
2022 $1,324 $28,450 $5,690 $22,760
2021 $1,333 $23,660 $4,730 $18,930
2020 $1,314 $21,720 $4,340 $17,380
2019 $1,230 $17,420 $3,480 $13,940
2018 $1,179 $16,580 $3,310 $13,270
2017 $1,145 $13,650 $2,730 $10,920
2016 $1,119 $13,020 $2,600 $10,420
2015 $1,053 $11,180 $2,230 $8,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6686926

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-148

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