NOT LISTED FOR SALE

Estimated Value: $369,560 - $444,000

2 Beds
-- Bath
1,536 Sq Ft
$275/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $159,000 $104 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,283/month

41 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of July 2017

100% Occupied! Great Money Making Duplex in Central Mesa. Building has new roof just put on and new exterior paint. This area is in high demand and can have added value with raising rents from $600 to $650. Both units have individual yards,washer/dryer hookups and tile. Centrally located close to shopping, schools and employment. Drive by only do not disturb the tenants. Also available for sale is 441 E. 6 Dr. All facts and figures approx buyer to verify to their satisfaction.

Last Agent to Sell the Property

Jim Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR534149000 Listed on: 04/22/2017

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Luke Bundy

Better Homes & Gardens Real Estate SJ Fowler License #SA510356000

Last Buyer's Agent

Jose Munoz

DPR Realty LLC License #SA530866000

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $705

Year Built

  • Built in 1987

Lot Details

  • 6,229

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 36
  • Assessor Parcel Number 139-24-181

Community Details

Overview

  • 2 Units
  • Building Dimensions are 60x103
  • Haws Subdivision Replat Lot 1 39

Building Details

  • Operating Expense $4,005
  • Gross Income $14,400
  • Net Operating Income $10,274

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$705

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr. and Broadway Rd.
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Year Built: 1987
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: HAWS SUBDIVISION REPLAT LOT 1-39
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 60x103
  • Additional Parcels: No
  • Parcel #: 139-24-181

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0
  • Insurance Expense: 600.0
  • Maintenance Expense: 900.0
  • Property Net Operating Income: 10274.0
  • Annual Operating Expense: 4005.0

Tax Info

  • Tax Annual Amount: 705.0
  • Tax Book Number: 139.00
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2017
Closed on
Jul 11, 2017
Sold by
Luke And Jimmy Llc
Bought by
Acosta Maria Ofelia Lovo De and Rivera Pedro Acosta
Seller's Agent
Jim Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jose Munoz
DPR Realty LLC
List Price
$159,000
Sold Price
$159,000
Current Estimated Value
$423,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,140
Avg. Annual Appreciation
12.27%
Original Mortgage
$79,000
Outstanding Balance
$65,726
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$357,414

Purchase Details

Closed on
Aug 2, 2011
Sold by
Bird Brett D and Bird Scott D
Bought by
Phxx Inc

Purchase Details

Closed on
Jun 20, 2005
Sold by
Chisman Loralyn Renee and Locken Mark
Bought by
Straub Galina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 15, 2005
Sold by
Straub Arthur
Bought by
Straub Galina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 26, 2004
Sold by
Chisman Kevin
Bought by
Chisman Loralyn Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,500
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2004
Sold by
Garcia Michael S
Bought by
Chisman Loralyn Renee and Locken Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,500
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2000
Sold by
Rice Leslie and Rice Louise
Bought by
Garcia Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.37%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Acosta Maria Ofelia Lovo De $159,000 Empire West Title Agency
Phxx Inc -- Accommodation
Bird Scott D -- Magnus Title Agency
Bird Brett D $48,400 Magnus Title Agency
Straub Galina $208,000 Title Security Agency Of Az
Straub Galina -- Title Security Agency Of Az
Chisman Loralyn Renee -- --
Locken Mark K -- --
Chisman Loralyn Renee $133,900 --
Garcia Michael S $100,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Maria Ofelia Lovo De $79,000
Previous Owner Straub Galina $152,000
Previous Owner Straub Galina $152,000
Previous Owner Chisman Loralyn Renee $120,500
Previous Owner Garcia Michael S $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2017 07/31/17 Sold $159,000 0.0% $104 / Sq Ft
07/10/2017 07/10/17 For Sale $159,000 0.0% $104 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
05/09/2017 05/09/17 Price Changed $159,000 -5.9% $104 / Sq Ft
05/05/2017 05/05/17 Price Changed $169,000 -0.6% $110 / Sq Ft
04/21/2017 04/21/17 For Sale $170,000 +21.4% $111 / Sq Ft
03/24/2017 03/24/17 Sold $140,000 0.0% $91 / Sq Ft View Prior Sale
03/03/2017 03/03/17 For Sale $140,000 -- $91 / 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 $841 $8,523 -- --
2024 $843 $8,117 -- --
2023 $843 $29,630 $5,920 $23,710
2022 $826 $20,900 $4,180 $16,720
2021 $836 $17,270 $3,450 $13,820
2020 $825 $15,780 $3,150 $12,630
2019 $771 $12,470 $2,490 $9,980
2018 $740 $11,570 $2,310 $9,260
2017 $718 $10,080 $2,010 $8,070
2016 $705 $9,370 $1,870 $7,500
2015 $662 $7,930 $1,580 $6,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5594381

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-24-181