NOT LISTED FOR SALE

Estimated Value: $458,488 - $815,000

-- Bed
-- Bath
3,520 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $205,000 $58 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $3,785/month

63 Days on Market

Highlights

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

About This Home

As of December 2015

Great investment in the down town Mesa area. Occupancy full with a few long term tenants. New Ac units and owner has taken great pride in the care and upgrade of these properties.
Seller is moving away is the only reason for liquidation at this time.
Please drive by only and must have contract to view. No sign on property.

Last Agent to Sell the Property

Edyi Fawcett-Nickola

Keller Williams Realty Sonoran Living License #SA105129000 Listed on: 09/27/2015

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Chad Cluff

Cluff Real Estate LLC License #BR567582000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1963

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 135-16-053-E

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $3,614
  • Gross Income $23,940
  • Net Operating Income $23,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,214

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Country Club and Brown
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Year Built: 1963
  • Tax Year: 2015
  • Directions: south on country club to 10th street go west to orange st go south property is on curve of 9th place and orange st.
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_less_1 Space Per Unit: 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

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 135-16-053-E

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 23940.0
  • Property Net Operating Income: 23940.0
  • Annual Operating Expense: 3614.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1214.0
  • Tax Book Number: 135.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2019
Sold by
Mecagni Anna
Bought by
Jad Property Investment Llc
Current Estimated Value
$671,122

Purchase Details

Listed on
Sep 27, 2015
Closed on
Dec 7, 2015
Sold by
Bellows Fred C and Bellows Wendy K
Bought by
Mecagni Anna
Seller's Agent
Edyi Fawcett-Nickola
Keller Williams Realty Sonoran Living
Buyer's Agent
Chad Cluff
Cluff Real Estate LLC
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Original Mortgage
$143,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2015
Closed on
Dec 5, 2015
Sold by
Dalessandro Jerry and Mecagni Anna
Bought by
Mecagni Anna
Seller's Agent
Edyi Fawcett-Nickola
Keller Williams Realty Sonoran Living
Buyer's Agent
Chad Cluff
Cluff Real Estate LLC
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2013
Sold by
Bellows Fred and Bellows Wendy
Bought by
Bellows Fred C and Bellows Wendy K

Purchase Details

Listed on
Oct 19, 2012
Closed on
Mar 22, 2013
Sold by
Montante Walter S
Bought by
Bellows Fred and Bellows Wendy
Seller's Agent
Chad Cluff
Cluff Real Estate LLC
Buyer's Agent
Edyi Fawcett-Nickola
Keller Williams Realty Sonoran Living
List Price
$199,000
Sold Price
$165,000
Premium/Discount to List
-$34,000
-17.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%

Purchase Details

Closed on
Aug 19, 2008
Sold by
U S Bank Na
Bought by
Montante Walter S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2008
Sold by
Hernandez Leonard and Hernandez Rosalie
Bought by
U S Bank Na and Certificate Holders Lxs

Purchase Details

Closed on
Dec 23, 2005
Sold by
Hartley Peggy
Bought by
Hernandez Leonard and Hernandez Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 5, 2004
Sold by
Hillard C Dale and Hillard Virginia A
Bought by
Le Grande Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,650
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2004
Sold by
Le Grande Investments Llc
Bought by
Hartley Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,650
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 1997
Sold by
Orlandini Joanne and Orlandini Mayes Janet
Bought by
Shamy Jerrolyn
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Jad Property Investment Llc -- None Available
Mecagni Anna $205,000 First Arizona Title Agency
Mecagni Anna -- First Arizona Title Agency
Bellows Fred C -- None Available
Bellows Fred $165,000 Security Title Agency
Montante Walter S $150,000 First American Title Ins Co
U S Bank Na $247,500 First American Title
Hernandez Leonard $305,000 Fidelity National Title
Le Grande Investments Llc -- Ticor Title Agency Of Az Inc
Hartley Peggy $261,000 Ticor Title Agency Of Az Inc
Shamy Jerrolyn $800,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mecagni Anna $143,500
Previous Owner Mecagni Anna $143,500
Previous Owner Montante Walter S $112,500
Previous Owner Hernandez Leonard $244,000
Previous Owner Hartley Peggy $169,650
Previous Owner Hillard C Dale $172,000
Closed Hernandez Leonard $30,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $205,000 -18.0% $58 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
08/30/2015 08/30/15 For Sale $250,000 +51.5% $71 / Sq Ft
03/28/2013 03/28/13 Sold $165,000 -17.1% $47 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
10/18/2012 10/18/12 For Sale $199,000 -- $57 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,534 $15,625 -- --
2024 $1,546 $14,881 -- --
2023 $1,546 $49,010 $9,800 $39,210
2022 $1,514 $38,260 $7,650 $30,610
2021 $1,533 $31,650 $6,330 $25,320
2020 $1,513 $28,850 $5,770 $23,080
2019 $1,413 $25,170 $5,030 $20,140
2018 $1,357 $20,570 $4,110 $16,460
2017 $1,316 $20,210 $4,040 $16,170
2016 $1,292 $18,500 $3,700 $14,800
2015 $1,214 $15,300 $3,060 $12,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5340394

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-16-053E