Seller's Agent in 2024
George Saiki
Fathom Realty Elite
(480) 228-4509
2 in this area
69 Total Sales
517 S Hall Mesa, AZ 85204
Reed Park NeighborhoodEstimated Value: $732,000 - $812,000
Studio
--
Bath
3,516
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
- Franklin at Brimhall Elementary School Rated A
About This Home
As of August 2024Owner would prefer to sell with 507 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 starting 6/1/24. A separately metered wash room also exists for what used to be a shared laundry. This has been switched to used for the A unit only and they pay the second electric bill. All tenants are month to month, and all would like to stay. Opportunity to improve numbers and get economies of scale with upgrades and buying both units.
Last Agent to Sell the Property
Fathom Realty Elite License #SA533361000 Listed on: 04/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,530
Year Built
- Built in 1962
Home Design
- Brick Exterior Construction
- Composition Roof
- Block Exterior
- Siding
Flooring
- Carpet
- Ceramic Tile
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- Carport
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 35
- Assessor Parcel Number 139-54-035
Community Details
Overview
- 4 Units
- Building Dimensions are 12,219 SQFT
- Park Mesa, Lot 35 Subdivision
Building Details
- Operating Expense $15,147
- Gross Income $65,778
- Net Operating Income $50,631
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2024
Closed on
Aug 26, 2024
Sold by
Line Masters Investing Llc
Bought by
One Nation Family Llc
Seller's Agent
George Saiki
Fathom Realty Elite
Buyer's Agent
Andrew Marth
Compass
List Price
$820,000
Sold Price
$800,000
Premium/Discount to List
-$20,000
-2.44%
Views
15
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
-$15,528
Avg. Annual Appreciation
-1.40%
Purchase Details
Closed on
Aug 28, 2013
Sold by
Lakeshore Llc
Bought by
Line Masters Investing Llc
Purchase Details
Closed on
Jan 29, 2010
Sold by
Okruch William J
Bought by
Lakeshore Llc
Purchase Details
Closed on
Jan 25, 2010
Sold by
Koren Nidia Y
Bought by
Okruch William
Purchase Details
Closed on
May 22, 2009
Sold by
Martinez Rene
Bought by
Koren Nidia Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
4.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2006
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
$315,000
Interest Rate
8.87%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Sep 21, 2006
Sold by
Cardenas Samara
Bought by
Medina Boris
Purchase Details
Closed on
Jun 22, 2005
Sold by
Cardenas Samara
Bought by
Srcj Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
6.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 30, 2005
Sold by
Silva Ernesto
Bought by
Cardenas Samara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
6.02%
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 16, 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 Alma
Bought by
Linares Properties Llc
Purchase Details
Closed on
Dec 27, 2002
Sold by
Park Mesa Apartments Llc
Bought by
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
$225,807
Interest Rate
5.96%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 19, 1999
Sold by
Smith Charles N and Smith Joan K
Bought by
Park Mesa Apartments Llc
Purchase Details
Closed on
Aug 6, 1973
Sold by
East Conrad and East Maybelle
Bought by
Freestone Alfred P and Freestone Orva
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 |
|---|---|---|---|
| One Nation Family Llc | $800,000 | Wfg National Title Insurance C | |
| Line Masters Investing Llc | -- | None Available | |
| Lakeshore Llc | -- | None Available | |
| Okruch William | $160,000 | Security Title Agency | |
| Koren Nidia Y | $90,000 | Greystone Title Agency | |
| Martinez Rene | -- | Camelback Title Agency Llc | |
| Martinez Rene | $450,000 | Camelback Title Agency Llc | |
| Medina Boris | $345,000 | Great American Title Agency | |
| Cardenas Samara | -- | Great American Title Agency | |
| Srcj Corp | -- | Camelback Title Agency Llc | |
| Cardenas Samara | $340,000 | Camelback Title Agency Llc | |
| Silva Ernesto | -- | Westland Title Agency Of Az | |
| Silva Ernesto | $271,000 | Westland Title Agency Of Az | |
| Linares Properties Llc | $229,000 | -- | |
| Linares Alma | $229,000 | Lawyers Title Of Arizona Inc | |
| Park Mesa Apartments Llc | -- | -- | |
| Freestone Alfred P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Koren Nidia Y | $55,200 | |
| Previous Owner | Martinez Rene | $315,000 | |
| Previous Owner | Cardenas Samara | $183,500 | |
| Previous Owner | Silva Ernesto | $204,000 | |
| Previous Owner | Silva Ernesto | $204,000 | |
| Previous Owner | Linares Alma | $225,807 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2024 08/14/24 | Sold | $800,000 | -2.4% | $228 / Sq Ft |
| 08/09/2024 08/09/24 | Price Changed | $820,000 | 0.0% | $233 / Sq Ft |
| 07/26/2024 07/26/24 | 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 |
| 04/26/2024 04/26/24 | Off Market | $800,000 | -- | -- |
| 04/15/2024 04/15/24 | For Sale | $840,000 | 0.0% | $239 / Sq Ft |
| 03/25/2024 03/25/24 | Price Changed | $840,000 | 0.0% | $239 / Sq Ft |
| 05/07/2022 05/07/22 | Rented | $1,350 | 0.0% | -- |
| 03/17/2022 03/17/22 | For Rent | $1,350 | +12.5% | -- |
| 10/01/2021 10/01/21 | Rented | $1,200 | 0.0% | -- |
| 09/02/2021 09/02/21 | For Rent | $1,200 | -- | -- |
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 | $1,525 | $15,457 | -- | -- |
| 2024 | $1,530 | $14,721 | -- | -- |
| 2023 | $1,530 | $52,300 | $10,460 | $41,840 |
| 2022 | $1,498 | $34,450 | $6,890 | $27,560 |
| 2021 | $1,516 | $28,220 | $5,640 | $22,580 |
| 2020 | $1,497 | $25,830 | $5,160 | $20,670 |
| 2019 | $1,398 | $22,030 | $4,400 | $17,630 |
| 2018 | $1,342 | $19,980 | $3,990 | $15,990 |
| 2017 | $1,302 | $17,730 | $3,540 | $14,190 |
| 2016 | $1,278 | $15,750 | $3,150 | $12,600 |
| 2015 | $1,201 | $15,010 | $3,000 | $12,010 |
Source: Public Records
Agents Affiliated with this Home
-
George Saiki
-
Andrew Marth
A
Buyer's Agent in 2024
Andrew Marth
Compass
(480) 652-1330
1 in this area
11 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6681070
APN: 139-54-035
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
Nearby Homes
- 1750 E Mateo Cir Unit 103
- 335 S Harris Dr
- 1432 E Broadway Rd
- 2014 E Bayberry Ave
- 2226 E Diamond Ave
- 2245 E Capri Cir
- 749 S Lazona Dr
- 2207 E Aspen Ave
- 2253 E Bramble Ave
- 1402 E Dana Ave
- 211 S Doran
- 2323 E 3rd Dr
- 1046 S Kachina
- 1012 S 21st St
- 943 S Lazona Dr
- 1137 E 5th Ave
- 2381 E Alpine Ave
- 2210 E Forge Ave
- 760 S Stapley Dr
- 2345 E Main St Unit 99