NOT LISTED FOR SALE

Estimated Value: $682,000 - $836,000

Studio
-- Bath
3,516 Sq Ft
$217/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2024

Last sale price $800,000 $228 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,247 / mo

146 Days on Market

Highlights

  • Brick Veneer
  • Cooling Available
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of September 2024

Owner 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

George Saiki

AZ Brokerage Holdings, LLC License #SA533361000 Listed on: 03/19/2024

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

  • $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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,530

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: BROADWAY & GILBERT
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Professional Management Expense: 6000.0
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Built-In Range
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: SRP
  • Cooling: Electric, Heat Pump, Individual
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 5479.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 139-54-034

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 61560.0
  • Insurance Expense: 1039.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 45512.0
  • Annual Operating Expense: 16048.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1530.0
  • Tax Book Number: 139.00
  • Tax Lot: 34

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2025
Sold by
Bought by
Current Estimated Value
$762,483

Purchase Details

Listed on
Mar 19, 2024
Closed on
Sep 12, 2024
Sold by
Bought by
Seller's Agent
George Saiki
AZ Brokerage Holdings, LLC
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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.62%
Original Mortgage
$622,500
Interest Rate
0.0673%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 2010
Sold by
Bought by

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
0.0478%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 25, 2010
Sold by
Bought by

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
0.0478%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2007
Sold by
Bought by

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
0.0611%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 29, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 2005
Sold by
Bought by

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
0.0675%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2004
Sold by
Bought by

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
0.0612%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2004
Sold by
Bought by

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
0.0612%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 23, 2003
Sold by
Bought by

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
0.0597%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- Accommodation/Courtesy Recordi
$800,000 Empire Title Agency
-- None Available
-- None Available
$160,000 Security Title Agency
$425,000 Camelback Title Agency Llc
-- Camelback Title Agency Llc
-- Camelback Title Agency Llc
$340,000 Camelback Title Agency Llc
-- Westland Title Agency
$270,000 Westland Title Agency Of Az
$229,000 --
$229,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $622,500
Closed $20,000
Closed $7,000
Closed $6,000
Closed $12,500
Closed $85,000
Closed $297,500
Closed $85,000
Closed $272,000
Closed $204,000
Closed $204,000
Closed $225,461
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
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

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

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 $1,530 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6681066

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-54-034

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