Seller's Agent in 2020
Aaron Carlson
Weichert, Realtors-Home Pro Realty
(602) 284-6086
52 Total Sales
50 W 7th St Mesa, AZ 85201
Evergreen Historic District NeighborhoodEstimated Value: $624,654 - $797,000
8
Beds
--
Bath
3,160
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating System Uses Natural Gas
- Franklin at Brimhall Elementary School Rated A
- Ceiling Fan
About This Home
As of August 2020Here's the 4plex you've been looking for! Fantastic income producing property for sale with long term tenants in place. Rents have been adjusted regularly but there may be room for further adjustments. Large lot with plenty of room for tenants to park cars & even work trucks with trailers! Walking distance to Downtown Mesa, A's spring training facility, light rail, & the new ASU @ City Center! Each unit has it's own private gate courtyard, 2 spacious bedrooms, & one bath. Well maintained with up to date service records kept by the seller. On sight coin laundry produces an avg of $350 p/m with room for possible expansion. High demand area w/ lots of employment & new commercial development nearby. Drive by only, please do not disturb tenants. Showings will be allowed with accepted contract
Last Agent to Sell the Property
Weichert, Realtors-Home Pro Realty License #SA646404000 Listed on: 05/19/2020
Last Buyer's Agent
Tyler Williams
M&B Realty License #SA686872000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,416
Year Built
- Built in 1963
Lot Details
- 0.32
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 6 Open Parking Spaces
- 10 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
Schools
- Eisenhower Center For Innovation Elementary School
- Powell Junior High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for gas
- The owner pays for electricity, water
- Tax Lot 9
- Assessor Parcel Number 137-24-070
Community Details
Overview
- 4 Units
- Building Dimensions are 13912 SQ FT
- Kent Manor Subdivision
Building Details
- Operating Expense $10,266
- Gross Income $42,600
- Net Operating Income $33,750
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2020
Closed on
Aug 11, 2020
Sold by
Williams Reyan
Bought by
Williams Tyler
Seller's Agent
Aaron Carlson
Weichert, Realtors-Home Pro Realty
Buyer's Agent
Tyler Williams
M&B Realty
List Price
$465,000
Sold Price
$452,500
Premium/Discount to List
-$12,500
-2.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,164
Avg. Annual Appreciation
9.78%
Original Mortgage
$337,500
Outstanding Balance
$302,733
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$425,537
Purchase Details
Listed on
May 19, 2020
Closed on
Aug 6, 2020
Sold by
Nzomo Imma
Bought by
Williams Tyler
Seller's Agent
Aaron Carlson
Weichert, Realtors-Home Pro Realty
Buyer's Agent
Tyler Williams
M&B Realty
List Price
$465,000
Sold Price
$452,500
Premium/Discount to List
-$12,500
-2.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$302,733
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$425,537
Purchase Details
Closed on
Jan 29, 2019
Sold by
Stowater Flora Issanda
Bought by
Nzomo Imma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,900
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 24, 2017
Closed on
Nov 7, 2017
Sold by
Stowater Scott
Bought by
Stowater Flora
Seller's Agent
Raul Palacio
1st Dream Realty
Buyer's Agent
Jill Scott
ProSmart Realty
List Price
$309,900
Sold Price
$296,000
Premium/Discount to List
-$13,900
-4.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$196,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 24, 2017
Closed on
Nov 1, 2017
Sold by
Padilla J Guadalupe
Bought by
Nzomo Imma and Stowater Flora Issanda
Seller's Agent
Raul Palacio
1st Dream Realty
Buyer's Agent
Jill Scott
ProSmart Realty
List Price
$309,900
Sold Price
$296,000
Premium/Discount to List
-$13,900
-4.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2016
Sold by
Depadilla Teresa Gallo and Depadilla Guadalupe Padilla
Bought by
Padilla J Gaudalupe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 27, 2016
Sold by
Padilla Jesus
Bought by
Padilla J Guadalupe
Purchase Details
Closed on
Dec 27, 2007
Sold by
Padilla Jose G
Bought by
Padilla Jesus
Purchase Details
Closed on
Oct 9, 2003
Sold by
Gallo Teresa
Bought by
Padilla Jose G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 9, 2003
Sold by
Johnson Douglas A and Johnson Rebecca K
Bought by
Rd Johnson Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
5.78%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 25, 2002
Sold by
U R Unlimited Llc
Bought by
Johnson Douglas and Johnson Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 1996
Sold by
Mogollon Northeast Development Llc
Bought by
Mcentire Nancy P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.68%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 3, 1996
Sold by
Paradon Company
Bought by
Mogollon Northeast Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.68%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 11, 1975
Sold by
Marcum Barbara A
Bought by
Ripple Thomas J and Ripple Martha L
Purchase Details
Closed on
Mar 26, 1973
Sold by
Moore Harold E and Moore Allis H
Bought by
Marcum Barbara
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 |
|---|---|---|---|
| Williams Tyler | -- | Clear Title Agency Of Arizon | |
| Williams Tyler | $452,500 | Clear Title Agency Of Az | |
| Nzomo Imma | -- | Pioneer Title Agency Inc | |
| Stowater Flora | -- | Driggs Title Agency Inc | |
| Nzomo Imma | $296,000 | Driggs Title Agency Inc | |
| Padilla J Gaudalupe | -- | Old Republic Title Agency | |
| Padillaa Jesus | -- | Old Republic Title Agency | |
| Padilla J Guadalupe | -- | None Available | |
| Padilla Jesus | -- | None Available | |
| Padilla Jose G | -- | Grand Canyon Title Agency In | |
| Padilla Jose G | $202,500 | Grand Canyon Title Agency In | |
| Rd Johnson Group Llc | -- | -- | |
| Johnson Douglas | $165,000 | Lawyers Title Of Arizona Inc | |
| Mcentire Nancy P | $376,000 | Chicago Title Insurance Co | |
| Mogollon Northeast Development Llc | $355,000 | Chicago Title Insurance Co | |
| Ripple Thomas J | -- | Transamerica Title Insurance | |
| Marcum Barbara | -- | Transamerica Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Tyler | $337,500 | |
| Previous Owner | Nzomo Imma | $249,900 | |
| Previous Owner | Nzomo Imma | $196,000 | |
| Previous Owner | Padillaa Jesus | $170,000 | |
| Previous Owner | Padilla Jose G | $167,500 | |
| Previous Owner | Padilla Jose G | $162,000 | |
| Previous Owner | Johnson Douglas A | $151,500 | |
| Previous Owner | Johnson Douglas | $148,500 | |
| Previous Owner | Mogollon Northeast Development Llc | $285,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2020 08/07/20 | Sold | $452,500 | +0.6% | $143 / Sq Ft |
| 06/24/2020 06/24/20 | Price Changed | $450,000 | -3.2% | $142 / Sq Ft |
| 06/16/2020 06/16/20 | For Sale | $465,000 | 0.0% | $147 / Sq Ft |
| 06/04/2020 06/04/20 | Pending | -- | -- | -- |
| 05/19/2020 05/19/20 | For Sale | $465,000 | +57.1% | $147 / Sq Ft |
| 10/26/2017 10/26/17 | Sold | $296,000 | -1.3% | $94 / Sq Ft |
| 09/01/2017 09/01/17 | Price Changed | $299,900 | -3.2% | $95 / Sq Ft |
| 08/23/2017 08/23/17 | For Sale | $309,900 | -- | $98 / 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 | $1,536 | $15,650 | -- | -- |
| 2024 | $1,549 | $14,904 | -- | -- |
| 2023 | $1,549 | $52,610 | $10,520 | $42,090 |
| 2022 | $1,517 | $39,000 | $7,800 | $31,200 |
| 2021 | $1,535 | $32,580 | $6,510 | $26,070 |
| 2020 | $1,515 | $28,810 | $5,760 | $23,050 |
| 2019 | $1,416 | $23,970 | $4,790 | $19,180 |
| 2018 | $1,359 | $21,350 | $4,270 | $17,080 |
| 2017 | $1,318 | $18,120 | $3,620 | $14,500 |
| 2016 | $1,294 | $17,400 | $3,480 | $13,920 |
| 2015 | $1,216 | $15,470 | $3,090 | $12,380 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Carlson
-
T
Buyer's Agent in 2020
Tyler Williams
M&B Realty
-
Raul Palacio
Seller's Agent in 2017
Raul Palacio
1st Dream Realty
(480) 251-6873
35 Total Sales
-
Jill Scott
Buyer's Agent in 2017
Jill Scott
ProSmart Realty
(602) 810-0188
48 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6082887
APN: 137-24-070
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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