NOT LISTED FOR SALE

Estimated Value: $460,981 - $612,000

4 Beds
-- Bath
1,896 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $327,500 $173 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,858/month

9 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Multiple Heating Units
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of June 2020

TRIPLEX. New Roof. Great condition. Good Income,

Last Agent to Sell the Property

Rick Saul

Gentry Real Estate License #SA647142000 Listed on: 04/29/2020

Gentry Real Estate

Last Buyer's Agent

Nicholas Yale

Brokers Hub Realty, LLC License #BR517934000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,090

Year Built

  • Built in 1983

Lot Details

  • 9,453

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Ceramic Tile Flooring

Parking

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 133
  • Assessor Parcel Number 140-15-146

Community Details

Overview

  • 3 Units
  • Building Dimensions are 0.217 acres / 9,453 sqft
  • Greenfield Estates Unit 2 Lot 108 258 Subdivision

Building Details

  • Operating Expense $3,880
  • Gross Income $25,899
  • Net Operating Income $25,610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,090

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Greenfield and University
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2019
  • Directions: East on University, Left (North) on Roanoke, Right (East) on Cabalerro. Triplex is on Left.
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENFIELD ESTATES UNIT 2 LOT 108-258
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: None, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:None38: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Assigned, <1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, 2 or More Units
  • Heating: 2 or More Units, 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
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 0.217 acres / 9,453 sqft
  • Additional Parcels: No
  • Parcel #: 140-15-146

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Electric Expense: 95.0
  • Annual Gross Income: 25899.0
  • Insurance Expense: 495.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 25610.0
  • Annual Operating Expense: 3880.42
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1090.42
  • Tax Book Number: 140.00
  • Tax Lot: 133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jun 22, 2020
Sold by
Vanhorn Mitchell
Bought by
Vanhorn Mitchell and The Van Horn Landing Trust
Seller's Agent
Rick Saul
Gentry Real Estate
Buyer's Agent
Nicholas Yale
Brokers Hub Realty, LLC
List Price
$350,000
Sold Price
$327,500
Premium/Discount to List
-$22,500
-6.43%
Current Estimated Value
$522,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,995
Avg. Annual Appreciation
9.72%
Original Mortgage
$200,000
Outstanding Balance
$179,230
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$354,865

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jun 8, 2020
Sold by
Home Away Solutions Llc
Bought by
Vanhorn Mitchell
Seller's Agent
Rick Saul
Gentry Real Estate
Buyer's Agent
Nicholas Yale
Brokers Hub Realty, LLC
List Price
$350,000
Sold Price
$327,500
Premium/Discount to List
-$22,500
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$179,230
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$354,865

Purchase Details

Closed on
Mar 20, 2020
Sold by
Driscoll Scott R and Driscoll Pamela G
Bought by
Home Away Solutions Llc

Purchase Details

Closed on
Dec 1, 2005
Sold by
Pate Russell W
Bought by
Driscoll Scott R and Driscoll Pamela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,550
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2003
Sold by
Pate Russell W
Bought by
Pate Russell W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Webb Edward R and Webb Erleane
Bought by
Driscoll Scott R and Driscoll Pamela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2003
Sold by
Driscoll Scott R and Driscoll Pamela G
Bought by
Driscoll Scott R and Driscoll Pamela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2000
Sold by
Buys George Edward
Bought by
Driscoll Scott R and Driscoll Pamela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,637
Interest Rate
7.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 18, 1992
Sold by
Pate Russell W and Pate Joylyn
Bought by
Pate Russell W
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
Vanhorn Mitchell -- None Available
Vanhorn Mitchell $327,000 Security Title Agency Inc
Home Away Solutions Llc $250,000 American Title Svc Agcy Llc
Driscoll Scott R $259,000 Ticor Title Agency Of Az Inc
Pate Russell W -- Stewart Title & Tr Phoenix
Driscoll Scott R $67,000 Lawyers Title Insurance Corp
Driscoll Scott R -- --
Driscoll Scott R $66,000 --
Pate Russell W -- California Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanhorn Mitchell $200,000
Previous Owner Driscoll Scott R $173,319
Previous Owner Driscoll Scott R $189,550
Previous Owner Pate Russell W $113,000
Previous Owner Driscoll Scott R $43,875
Previous Owner Driscoll Scott R $12,637
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $327,500 -6.3% $173 / Sq Ft
05/09/2020 05/09/20 Price Changed $349,500 -0.1% $184 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
05/04/2020 05/04/20 Price Changed $349,900 0.0% $185 / Sq Ft
04/29/2020 04/29/20 For Sale $350,000 -- $185 / 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 $1,189 $11,665 -- --
2024 $1,198 $11,109 -- --
2023 $1,198 $32,000 $6,400 $25,600
2022 $1,174 $24,830 $4,960 $19,870
2021 $1,181 $20,780 $4,150 $16,630
2020 $1,165 $19,050 $3,810 $15,240
2019 $1,090 $15,120 $3,020 $12,100
2018 $1,045 $14,410 $2,880 $11,530
2017 $1,015 $11,900 $2,380 $9,520
2016 $991 $11,350 $2,270 $9,080
2015 $933 $9,670 $1,930 $7,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6072142

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-146