Seller's Agent in 2012
Lester Cox
Real Broker
(480) 726-0400
16 Total Sales
5 W 7th St Unit 11 Mesa, AZ 85201
Evergreen Historic District NeighborhoodEstimated Value: $564,000 - $773,000
--
Bed
--
Bath
3,120
Sq Ft
$208/Sq Ft
Est. Value
Highlights
- Central Air
- Concrete Flooring
- Heating Available
- Franklin at Brimhall Elementary School Rated A
About This Home
As of August 2012Wow. Priced well below comps. This fourplex will cash flow really, really well. Forget investing in a single family home. Your return here will blow that away. Most units are in decent shape. One unit needs major rehab, but you will easily recoup the investment. All units are 2 bed 1 bath. Covered parking directly in front of the building for all units. 5 storage units. Property will probably NOT qualify for financing. Check with your lender to see if they will loan on a property without utilities. PLEASE VISIT PROPERTY B4 WRITING AN OFFER.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,201
Year Built
- Built in 1972
Lot Details
- 8,233
Home Design
- Composition Roof
- Block Exterior
Flooring
- Concrete Flooring
Parking
- 4 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
Utilities
- Central Air
- Heating Available
- Master Water Meter
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 25
- Assessor Parcel Number 137-24-036-C
Community Details
Overview
- 4 Units
- Building Dimensions are 8233
Building Details
- Operating Expense $1,201
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2019
Sold by
Johnson Robert and Johnson Janette
Bought by
340 W 5Th Place Llc
Total Days on Market
7
Current Estimated Value
Purchase Details
Listed on
Jul 20, 2012
Closed on
Aug 14, 2012
Sold by
Citibank Na
Bought by
Johnson Robert and Johnson Janette
Seller's Agent
Lester Cox
Real Broker
Buyer's Agent
Darvin Harmon
Royalty Real Estate Services
List Price
$79,200
Sold Price
$131,000
Premium/Discount to List
$51,800
65.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.91%
Purchase Details
Listed on
Jul 20, 2012
Closed on
Jul 6, 2012
Sold by
Fumbarg Daniel H
Bought by
Citibank Na
Seller's Agent
Lester Cox
Real Broker
Buyer's Agent
Darvin Harmon
Royalty Real Estate Services
List Price
$79,200
Sold Price
$131,000
Premium/Discount to List
$51,800
65.4%
Purchase Details
Closed on
Apr 20, 2006
Sold by
Nimis Amelia Sandra
Bought by
Fumbarg Daniel H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 13, 2006
Sold by
Lk Desert Properties Llc
Bought by
Fumbarg Daniel H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 6, 2005
Sold by
Ford Douglas M and Ford Vicki L
Bought by
Lk Desert Properties Llc
Purchase Details
Closed on
Dec 23, 2004
Sold by
Riggs Craig W and Riggs Vicki
Bought by
Ford Douglas M and Ford Vicki L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 17, 2002
Sold by
Edak Associates
Bought by
Riggs Craig W and Riggs Vicki
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 340 W 5Th Place Llc | -- | None Available | |
| Johnson Robert | $131,000 | Chicago Title | |
| Citibank Na | $312,550 | None Available | |
| Fumbarg Daniel H | -- | Ticor Title Agency Of Az Inc | |
| Fumbarg Daniel H | $360,000 | Ticor Title Agency Of Az Inc | |
| Lk Desert Properties Llc | -- | -- | |
| Ford Douglas M | $280,000 | Transnation Title | |
| Riggs Craig W | $195,000 | Capital Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fumbarg Daniel H | $252,000 | |
| Previous Owner | Ford Douglas M | $210,000 | |
| Previous Owner | Riggs Craig W | $156,000 | |
| Closed | Riggs Craig W | $29,250 | |
| Closed | Ford Douglas M | $42,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2012 08/21/12 | Sold | $131,000 | +65.4% | $42 / Sq Ft |
| 07/27/2012 07/27/12 | Pending | -- | -- | -- |
| 07/20/2012 07/20/12 | For Sale | $79,200 | -- | $25 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,333 | $13,576 | -- | -- |
| 2024 | $1,344 | $12,929 | -- | -- |
| 2023 | $1,344 | $46,060 | $9,210 | $36,850 |
| 2022 | $1,316 | $34,820 | $6,960 | $27,860 |
| 2021 | $1,332 | $28,300 | $5,660 | $22,640 |
| 2020 | $1,314 | $25,100 | $5,020 | $20,080 |
| 2019 | $1,228 | $21,100 | $4,220 | $16,880 |
| 2018 | $1,179 | $18,700 | $3,740 | $14,960 |
| 2017 | $1,144 | $15,800 | $3,160 | $12,640 |
| 2016 | $1,122 | $14,920 | $2,980 | $11,940 |
| 2015 | $1,055 | $13,610 | $2,720 | $10,890 |
Source: Public Records
Agents Affiliated with this Home
-
Lester Cox
-
James Weinberg
Seller Co-Listing Agent in 2012
James Weinberg
HomeSmart
(480) 688-8898
8 Total Sales
-
Darvin Harmon
D
Buyer's Agent in 2012
Darvin Harmon
Royalty Real Estate Services
(480) 777-2003
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4792003
APN: 137-24-036C
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.
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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