NOT LISTED FOR SALE

Estimated Value: $406,394 - $531,000

Studio
-- Bath
2,304 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $262,000 $114 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,601/month

31 Days on Market

Highlights

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

About This Home

As of June 2019

Great opportunity!! Triplex fully occupied with long term tenants! All units are 2 bedroom, 1 bath, with back unit having additional extra room or small office. Roof replaced about 5 years ago, and parking lot redone in 2017! Great location on quiet street with easy access to Mesa schools, restaurants, shopping & freeways. Zero % vacancy allowance. Tenants pay for electricity. Do not disturb tenants, drive by only until contract accepted.

Last Agent to Sell the Property

Diane Smith

Castle Rock Properties, Inc. License #BR012589000 Listed on: 04/05/2019

Last Buyer's Agent

Damian Godoy

My Home Group Real Estate License #BR623758000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $965

Year Built

  • Built in 1980

Lot Details

  • 0.25

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking

Schools

  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 17
  • Assessor Parcel Number 139-23-076-C

Community Details

Overview

  • 3 Units
  • Building Dimensions are 10,997
  • Lynwood Tract Lots 25 32 Subdivision

Building Details

  • Operating Expense $4,350
  • Gross Income $23,400
  • Net Operating Income $19,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$965

Year Built

Built in 1980

Lot Details

0.25 Acres

Listing Details

  • Cross Street: Broadway and Mesa Dr
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Subdivision Name: LYNWOOD TRACT LOTS 25-32
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: 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: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 2800.0

Schools

  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 10,997
  • Additional Parcels: No
  • Parcel #: 139-23-076-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 23400.0
  • Insurance Expense: 585.0
  • Property Net Operating Income: 19072.0
  • Annual Operating Expense: 4350.0

Tax Info

  • Tax Annual Amount: 965.0
  • Tax Book Number: 139.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2022
Sold by
Johnston Michael A and Johnston Tamara L
Bought by
Family Legacy Properties Llc
Current Estimated Value
$482,349

Purchase Details

Closed on
Apr 7, 2021
Sold by
Family Legacy Properties Llc
Bought by
Johnston Michael A and Johnston Tamara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2019
Closed on
Aug 13, 2019
Sold by
Johnston Michael A and Johnston Tamara L
Bought by
Family Legacy Properties Llc
Seller's Agent
Diane Smith
Castle Rock Properties, Inc.
Buyer's Agent
Damian Godoy
My Home Group Real Estate
List Price
$269,950
Sold Price
$262,000
Premium/Discount to List
-$7,950
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jun 5, 2019
Sold by
Heywood Joshua P and Heywood Stephanie D
Bought by
Johnston Michael A and Johnston Tamara L
Seller's Agent
Diane Smith
Castle Rock Properties, Inc.
Buyer's Agent
Damian Godoy
My Home Group Real Estate
List Price
$269,950
Sold Price
$262,000
Premium/Discount to List
-$7,950
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,600
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jul 3, 2017
Sold by
Heiden Chris and Heiden Linda
Bought by
Heywood Joshua P and Heywood Stephanie D
Seller's Agent
Heather Cates
Realty ONE Group
Buyer's Agent
Diane Smith
Castle Rock Properties, Inc.
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%
Original Mortgage
$152,625
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2015
Closed on
Feb 27, 2015
Sold by
Arizona 3 Sfr Llc
Bought by
Heiden Chris and Heiden Linda
Seller's Agent
Troy McNaughton
Gentry Real Estate
Buyer's Agent
Daniel Blaker
Realty ONE Group
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.50%
Original Mortgage
$112,425
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2010
Sold by
East Valley Sfr Llc
Bought by
Arizona 3 Sfr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2010
Sold by
Not Provided
Bought by
Arizona Sfr Llc

Purchase Details

Closed on
Jul 14, 2009
Sold by
Moroyoqui Francisco Daniel and Contreras Veronica
Bought by
Easy Valley Sfr Llc

Purchase Details

Closed on
Jul 7, 2008
Sold by
Alvarez Raymundo
Bought by
Duarte Adrian R

Purchase Details

Closed on
Jan 18, 2008
Sold by
Moroyoqui Francisco Daniel and Contreras Veronica
Bought by
Alvarez Raymundo

Purchase Details

Closed on
Jun 8, 2005
Sold by
Moroyoqui Francisco Daniel and Contreras Veronica
Bought by
Moroyoqui Francisco Daniel and Contreras Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2003
Sold by
Moroyoqui Francisco Daniel
Bought by
Moroyoqui Francisco Daniel and Contreras Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2003
Sold by
Moroyoqui Francisco Daniel
Bought by
Moroyoqui Francisco and Contreras Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2001
Sold by
Contreras Veronica
Bought by
Moroyoqui Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 1995
Sold by
Gupta Prem
Bought by
Fernandez Felipe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,591
Interest Rate
7.88%
Mortgage Type
FHA
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Family Legacy Properties Llc -- None Listed On Document
Johnston Michael A -- Security Title Agency Inc
Family Legacy Properties Llc -- None Available
Johnston Michael A $262,000 Empire West Title Agency Llc
Heywood Joshua P $203,500 Great American Title Agency
Heiden Chris $149,900 Security Title Agency
Arizona 3 Sfr Llc $925,000 The Talon Group Tempe Supers
Arizona Sfr Llc -- The Talon Group Tempe Supers
Easy Valley Sfr Llc $63,000 None Available
Duarte Adrian R -- None Available
Alvarez Raymundo -- None Available
Moroyoqui Francisco Daniel -- Tsa Title Agency
Moroyoqui Francisco Daniel -- Land Title Agency
Moroyoqui Francisco -- --
Moroyoqui Francisco Daniel -- Land Title Agency Of Az Inc
Moroyoqui Francisco Daniel -- Land Title Agency Of Az Inc
Moroyoqui Daniel -- Security Title Agency
Moroyoqui Daniel $135,000 Security Title Agency
Fernandez Felipe M $75,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnston Michael A $153,000
Previous Owner Johnston Michael A $148,600
Previous Owner Heywood Joshua P $152,625
Previous Owner Heiden Chris $112,425
Previous Owner Arizona 3 Sfr Llc $925,000
Previous Owner Moroyoqui Francisco Daniel $188,000
Previous Owner Moroyoqui Francisco Daniel $157,500
Previous Owner Moroyoqui Daniel $132,914
Previous Owner Fernandez Felipe M $74,591
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2019 06/26/19 Sold $262,000 0.0% $114 / Sq Ft
05/07/2019 05/07/19 Off Market $262,000 -- --
05/06/2019 05/06/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $269,950 +28.5% $117 / Sq Ft
06/30/2017 06/30/17 Sold $210,000 +5.1% $91 / Sq Ft View Prior Sale
06/20/2017 06/20/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $199,900 +33.4% $87 / Sq Ft
02/27/2015 02/27/15 Sold $149,900 0.0% $65 / Sq Ft View Prior Sale
01/26/2015 01/26/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $149,900 -- $65 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,097 $11,119 -- --
2024 $1,100 $10,590 -- --
2023 $1,100 $37,650 $7,530 $30,120
2022 $1,078 $26,210 $5,240 $20,970
2021 $1,091 $21,500 $4,300 $17,200
2020 $1,077 $19,750 $3,950 $15,800
2019 $1,006 $15,980 $3,190 $12,790
2018 $965 $14,560 $2,910 $11,650
2017 $937 $12,500 $2,500 $10,000
2016 $919 $11,720 $2,340 $9,380
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5906765

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-23-076C

Your Personal Tour Guide

Ask me questions while you tour the home.