NOT LISTED FOR SALE

Estimated Value: $412,363 - $504,000

-- Bed
-- Bath
1,645 Sq Ft
$287/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $515,000 $313 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,586/month

12 Days on Market

Highlights

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

About This Home

As of June 2022

Great Investment Property ! Both Units have been updated with new flooring, countertops, kitchen cabinets and HVAC units ( 2 years old) THIS IS A MUST SEE! Each unit has their own private backyard and plenty of parking spaces.

Last Agent to Sell the Property

Shivani Dallas

Real Broker License #BR560952000 Listed on: 04/30/2022

Real Broker

Co-Listed By

Maria Oneill

Real Broker License #SA681914000

Last Buyer's Agent

Todd Kenney

West USA Realty License #SA653512000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1983

Lot Details

  • 9,932

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Schools

  • Entz Elementary Middle School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 132
  • Assessor Parcel Number 140-15-145

Community Details

Overview

  • 2 Units
  • Building Dimensions are Irr
  • Greenfield Estates Unit 2 Subdivision

Building Details

  • Operating Expense $5,272
  • Gross Income $37,200
  • Net Operating Income $32,578

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,140

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Greenfield & University
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwif01
  • Co List Office Phone: 480-854-2400
  • Subdivision Name: GREENFIELD ESTATES UNIT 2
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Carport
  • 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 Features:Carport: Yes
  • Parking Features >1 Space Per Unit: 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

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes

Fee Information

  • Annual Water Sewer Expense: 1560.0

Schools

  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Entz Elementary School

Lot Info

  • Lot Size: Irr
  • Additional Parcels: No
  • Parcel #: 140-15-145

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Electric Expense: 1272.0
  • Annual Gross Income: 37200.0
  • Insurance Expense: 1300.0
  • Property Net Operating Income: 32578.0
  • Annual Operating Expense: 5272.0

Tax Info

  • Tax Annual Amount: 1140.0
  • Tax Book Number: 140.00
  • Tax Lot: 132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Jun 2, 2022
Sold by
Flores Jose R and Flores Maria G
Bought by
L & D Management Llc
Seller's Agent
Shivani Dallas
Real Broker
Buyer's Agent
Todd Kenney
West USA Realty
List Price
$499,990
Sold Price
$515,000
Premium/Discount to List
$15,010
3%
Current Estimated Value
$471,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,409
Avg. Annual Appreciation
-2.50%

Purchase Details

Closed on
Dec 23, 2005
Sold by
Thurber Chris and Ahn Thurber Cindy
Bought by
Flores Jose R and Flores Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2004
Sold by
Muchmore Inez
Bought by
Thurber Chris and Thurber Cindy Ahn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2002
Sold by
Medina Carlos L and Medina Reyna R
Bought by
Muchmore Hb and Muchmore Inez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,650
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 1998
Sold by
Medina Jose T and Medina Manuela
Bought by
Medina Carlos L and Medina Reina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,934
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1995
Sold by
Sill Robert E and Sill Lucinda S
Bought by
Medina Carlos and Medina Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,550
Interest Rate
8.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
L & D Management Llc $515,000 First Arizona Title
Flores Jose R $240,000 Capital Title Agency Inc
Thurber Chris -- Capital Title Agency Inc
Muchmore Hb $128,500 Capital Title Agency Inc
Medina Carlos L -- Chicago Title Insurance Co
Medina Carlos $78,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flores Jose R $164,000
Previous Owner Thurber Chris $110,200
Previous Owner Muchmore Hb $115,650
Previous Owner Medina Carlos L $77,934
Previous Owner Medina Carlos $76,550
Closed Thurber Chris $13,775
Closed Flores Jose R $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $515,000 +3.0% $313 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $499,990 -- $304 / 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 $1,154 $11,232 -- --
2024 $1,158 $10,697 -- --
2023 $1,158 $29,850 $5,970 $23,880
2022 $1,135 $22,900 $4,580 $18,320
2021 $1,140 $19,180 $3,830 $15,350
2020 $1,124 $17,470 $3,490 $13,980
2019 $1,053 $13,820 $2,760 $11,060
2018 $1,009 $13,350 $2,670 $10,680
2017 $980 $11,110 $2,220 $8,890
2016 $961 $10,500 $2,100 $8,400
2015 $901 $8,980 $1,790 $7,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6392044

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-145