Seller's Agent in 2024
George Saiki
Fathom Realty Elite
(480) 228-4509
2 in this area
79 Total Sales
507 S Hall Mesa, AZ 85204
Reed Park NeighborhoodEstimated Value: $671,000 - $818,000
--
Bed
--
Bath
3,516
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- Brick Veneer
- Cooling Available
- Heat Pump System
- Franklin at Brimhall Elementary School Rated A
- Concrete Flooring
About This Home
As of September 2024Owner would prefer to sell with 517 S Hall St. Owner self managed. Owner has recently installed fencing giving each unit significant private space. This will make the units much more marketable in the future, and will shift the exterior maintenance for the private spaces from the obligation of the landlord to the obligation of the tenant. An ADA sidewalk from the front to the back was also installed. Rent was also increased to at least $1400 for all tenants except unit D. All tenants are month to month Except unit D, and all would like to stay. Opportunity to improve numbers and get economies of scale with upgrades and buying both units. both units.
Last Agent to Sell the Property
Fathom Realty Elite License #SA533361000 Listed on: 03/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,530
Year Built
- Built in 1962
Home Design
- Brick Veneer
- Composition Roof
- Block Exterior
Flooring
- Concrete Flooring
Parking
- 4 Parking Spaces
- 4 Covered Spaces
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- The owner pays for water, sewer
- Tax Lot 34
- Assessor Parcel Number 139-54-034
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
Building Details
- Operating Expense $16,048
- Gross Income $61,560
- Net Operating Income $45,512
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2024
Closed on
Sep 12, 2024
Sold by
James And Hall Partners Llc
Bought by
Arizona Empire Llc
Seller's Agent
George Saiki
Fathom Realty Elite
Buyer's Agent
Damian Godoy
My Home Group Real Estate
List Price
$820,000
Sold Price
$800,000
Premium/Discount to List
-$20,000
-2.44%
Views
8
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
-$33,383
Avg. Annual Appreciation
-4.05%
Original Mortgage
$622,500
Outstanding Balance
$461,959
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$304,658
Purchase Details
Closed on
Aug 28, 2013
Sold by
Lakeshore Llc
Bought by
James & Hallpartners Llc
Purchase Details
Closed on
Jan 29, 2010
Sold by
Okruch William J
Bought by
Lakeshore Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.78%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 25, 2010
Sold by
Koren Property Llc
Bought by
Okruch William
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.78%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 19, 2007
Sold by
Martinez Beatriz
Bought by
Martinez Rene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 29, 2005
Sold by
Sanchez Ricardo F Vazquez and De Vazquez Paola Gomez
Bought by
C J E Apartments Llc
Purchase Details
Closed on
Apr 5, 2005
Sold by
Silva Ernesto
Bought by
Sanchez Ricardo F Vazquez and Devazquez Paola Gomez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2004
Sold by
Silva Monica
Bought by
Silva Ernesto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 17, 2004
Sold by
Linares Properties Llc
Bought by
Silva Ernesto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 2003
Sold by
Linares Pedro A and Linares Alma
Bought by
Linares Properties Llc
Purchase Details
Closed on
Jan 23, 2003
Sold by
Park Mesa Apartments Llc
Bought by
Linares Pedro A and Linares Alma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,461
Interest Rate
5.97%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Arizona Empire Llc | $800,000 | Empire Title Agency | |
| James & Hallpartners Llc | -- | None Available | |
| Lakeshore Llc | -- | None Available | |
| Okruch William | $160,000 | Security Title Agency | |
| Martinez Rene | -- | Camelback Title Agency Llc | |
| Martinez Rene | $425,000 | Camelback Title Agency Llc | |
| C J E Apartments Llc | -- | Camelback Title Agency Llc | |
| Sanchez Ricardo F Vazquez | $340,000 | Camelback Title Agency Llc | |
| Silva Ernesto | -- | Westland Title Agency | |
| Silva Ernesto | $270,000 | Westland Title Agency Of Az | |
| Linares Properties Llc | $229,000 | -- | |
| Linares Pedro A | $229,000 | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arizona Empire Llc | $622,500 | |
| Previous Owner | Martinez Rene | $85,000 | |
| Previous Owner | Martinez Rene | $297,500 | |
| Previous Owner | Sanchez Ricardo F Vazquez | $272,000 | |
| Previous Owner | Silva Ernesto | $204,000 | |
| Previous Owner | Silva Ernesto | $204,000 | |
| Previous Owner | Linares Pedro A | $225,461 | |
| Closed | Sanchez Ricardo F Vazquez | $34,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2024 09/16/24 | Sold | $800,000 | -2.4% | $228 / Sq Ft |
| 09/16/2024 09/16/24 | Price Changed | $820,000 | 0.0% | $233 / Sq Ft |
| 08/16/2024 08/16/24 | Pending | -- | -- | -- |
| 05/16/2024 05/16/24 | Price Changed | $820,000 | 0.0% | $233 / Sq Ft |
| 05/16/2024 05/16/24 | For Sale | $820,000 | +2.5% | $233 / Sq Ft |
| 03/25/2024 03/25/24 | Off Market | $800,000 | -- | -- |
| 03/22/2024 03/22/24 | For Sale | $800,000 | 0.0% | $228 / Sq Ft |
| 02/05/2024 02/05/24 | Rented | $1,200 | +2.1% | -- |
| 01/08/2024 01/08/24 | For Rent | $1,175 | -- | -- |
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 | $1,522 | $15,504 | -- | -- |
| 2024 | $1,534 | $14,766 | -- | -- |
| 2023 | $1,534 | $52,420 | $10,480 | $41,940 |
| 2022 | $1,503 | $34,520 | $6,900 | $27,620 |
| 2021 | $1,521 | $28,310 | $5,660 | $22,650 |
| 2020 | $1,501 | $25,910 | $5,180 | $20,730 |
| 2019 | $1,403 | $22,080 | $4,410 | $17,670 |
| 2018 | $1,346 | $20,020 | $4,000 | $16,020 |
| 2017 | $1,306 | $17,760 | $3,550 | $14,210 |
| 2016 | $1,282 | $15,780 | $3,150 | $12,630 |
| 2015 | $1,205 | $15,050 | $3,010 | $12,040 |
Source: Public Records
Agents Affiliated with this Home
-
George Saiki
-
Damian Godoy
D
Buyer's Agent in 2024
Damian Godoy
My Home Group Real Estate
(480) 685-2760
3 in this area
273 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6681066
APN: 139-54-034
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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