NOT LISTED FOR SALE

506 W 9th St Unit B Mesa, AZ 85201

West Enders Neighborhood

Estimated Value: $626,000 - $805,000

8 Beds
4 Baths
780 Sq Ft
$955/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2013

Last sale price $141,000 $181 Per Sq Ft

Est. 428% increase in value since last sale

Current estimated payment $4,793 / mo

9 Days on Market

Highlights

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

About This Home

As of March 2013

AS OF TODAY 12/07/12 THE UNITS ARE 50% OCCUPPIED AND RENTED AT $500 PER UNIT. ESTIMATING EXPENSES, THIS PROPERTY CAN OPERATE BETWEEN A 14%-15% CAP RATE AT THIS LIST PRICE. ALL FINANCIALS INDICATED ARE BASED ON AN ESTIMATION. BUYER TO REVIEW ACTUALS DURING INSPECTION PERIOD. SUBMIT YOUR OFFER TODAY! PLEASE DRIVE BY ONLY, AND OF COURSE DO NOT DISTURB THE TENANTS. THANK YOU.

Last Agent to Sell the Property

Nycole Leyba

Better Homes & Gardens Real Estate SJ Fowler License #SA561315000 Listed on: 12/06/2012

Last Buyer's Agent

Eric Williamson

Orchard Brokerage License #SA579896000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1983

Lot Details

  • 9,365

Home Design

  • Built-Up Roof

Flooring

  • Concrete Flooring

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water
  • Assessor Parcel Number 135-16-005-G

Community Details

Overview

  • 4 Units
  • Building Dimensions are .22 ACRES

Building Details

  • Operating Expense $4,360
  • Gross Income $12,000
  • Net Operating Income $18,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$860

Year Built

Built in 1983

Lot Details

9,365 Sq Ft Lot

Listing Details

  • Cross Street: COUNTRY CLUB & BROWN
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: G
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Slump Block
  • Roof: See Remarks, Built-Up
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: 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
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 3500.0

Lot Info

  • Lot Size: .22 ACRES
  • Additional Parcels: No
  • Parcel #: 135-16-005-G

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 12000.0
  • Property Net Operating Income: 18920.0
  • Annual Operating Expense: 4360.22
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 860.22
  • Tax Book Number: 135.00
  • Tax Lot: N/A

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $141,000 +17.5% $181 / Sq Ft
12/15/2012 12/15/12 Pending -- -- --
12/06/2012 12/06/12 For Sale $120,000 -- $154 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nycole Leyba

    Better Homes & Gardens Real Estate SJ Fowler

  • Eric Williamson

    Buyer's Agent in 2013

    Eric Williamson

    Orchard Brokerage

    (602) 435-6708

    73 Total Sales

    Eric Williamson
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4859282

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-16-005G

Arizona Maricopa County Mesa 85201 West Enders

506 W 9th St Unit B, Mesa, AZ

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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