Alison Cooke
Good Oak Real Estate
(623) 323-8577
31 Total Sales
1 in Central Mesa East
$313,000 Price
5233 E University Dr Unit J Mesa, AZ 85205
Central Mesa East Neighborhood
16
Beds
12
Baths
1,500
Sq Ft
1966
Built
Highlights
- Community Barbecue Grill
- Ceramic Tile Flooring
- Heat Pump System
- Franklin at Brimhall Elementary School Rated A
About This Home
As of April 2019Part of Dreamland Villas, this 12 unit offering provides a mix of spacious 1-bedroom and 2-bedroom rental units in a low density setting with large front and rear entries and covered porches. Each rental unit is individually metered for electricity with new service panels and has its own reserved covered parking space. Nine units have been tastefully updated to include new flooring, re-textured walls and ceilings, new counters, GFCI outlets, tiled shower surrounds and tiled kitchen back splashes, premium appliance packages, and upgraded lighting & plumbing fixtures. While rents are higher for the updated units, several are STILL well below market. Three 1-bedroom units remain period correct. Beautifully remodeled property offering Turnkey operation with easy upside in rents.
Last Agent to Sell the Property
Scott Trevey
REI Marketing License #SA539099000 Listed on: 01/04/2019
Co-Listed By
Arvle Knight
Transworld Business Advisors of Phoenix NE License #BR535084000
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,570
Year Built
- Built in 1966
Home Design
- Brick Exterior Construction
- Composition Roof
- Block Exterior
Flooring
- Concrete
- Ceramic Tile
- Vinyl
Parking
- 4 Open Parking Spaces
- 16 Parking Spaces
- 12 Covered Spaces
- Common or Shared Parking
- On-Street Parking
Lot Details
- Additional Parcels
Utilities
- Cooling Available
- Heat Pump System
- Septic Tank
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 141
- Assessor Parcel Number 141-75-096-P
Community Details
Overview
- 2 Buildings
- 12 Units
- Building Dimensions are irreg
- Dreamland Villa 4 Subdivision
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $18,250
- Gross Income $108,813
- Net Operating Income $91,168
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
Listed on
Jan 4, 2019
Closed on
Apr 22, 2019
Sold by
Arizona Cowboy Rv Mh Park Llc
Bought by
Seller's Agent
Scott Trevey
REI Marketing
Buyer's Agent
Robert Burk
Desert 2 Mountain Realty
List Price
$1,369,000
Sold Price
$1,275,000
Premium/Discount to List
-$94,000
-6.87%
Purchase Details
Closed on
Mar 29, 2018
Sold by
Guzman Jorge and Guzman Patricia
Bought by
Arizona Cowboy Rv Mh Park Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central Mesa East, AZ
-
Alison Cooke
-
Shawn Harris
Shawn Harris
Realty USA Southwest
(480) 906-3921
231 Total Sales
193 in Central Mesa East
$4K - $183K Price Range
-
Keith DeChristina
Keith DeChristina
LPT Realty, LLC
(833) 686-5690
73 Total Sales
7 in Central Mesa East
$349K - $468K Price Range
-
Michelle Kozak
Michelle Kozak
The Ave Collective
(888) 619-9748
101 Total Sales
4 in Central Mesa East
$18K - $355K Price Range
-
Robert Terrell
Robert Terrell
Berkshire Hathaway HomeServices Arizona Properties
(480) 418-6166
20 Total Sales
2 in Central Mesa East
$8K - $400K Price Range
-
Jeff Setlow
Jeff Setlow
eXp Realty
(855) 976-9529
42 Total Sales
3 in Central Mesa East
$215K - $585K Price Range
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 |
|---|---|---|---|
| $1,275,000 | American Title Svc Agcy Llc | ||
| Arizona Cowboy Rv Mh Park Llc | $800,000 | Security Title Agency Inc |
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 |
|---|---|---|---|---|
| 04/24/2019 04/24/19 | Sold | $1,275,000 | -6.9% | $850 / Sq Ft |
| 04/04/2019 04/04/19 | Pending | -- | -- | -- |
| 01/04/2019 01/04/19 | For Sale | $1,369,000 | -- | $913 / Sq Ft |
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 | $2,613 | $28,978 | ||
| 2024 | $2,645 | $27,598 | ||
| 2023 | $2,645 | $75,920 | $15,180 | $60,740 |
| 2022 | $2,581 | $55,380 | $11,070 | $44,310 |
| 2021 | $2,576 | $49,420 | $9,880 | $39,540 |
| 2020 | $2,555 | $45,230 | $9,040 | $36,190 |
| 2019 | $2,368 | $35,450 | $7,090 | $28,360 |
| 2018 | $2,309 | $32,510 | $6,500 | $26,010 |
| 2017 | $2,229 | $30,400 | $6,080 | $24,320 |
| 2016 | $2,182 | $33,980 | $6,790 | $27,190 |
| 2015 | $2,039 | $33,670 | $6,730 | $26,940 |
Source: Public Records
Agents Affiliated with this Home
-
ST
Seller's Agent in 2019
Scott Trevey
REI Marketing
-
AK
Seller Co-Listing Agent in 2019
Arvle Knight
Transworld Business Advisors of Phoenix NE
-
Robert Burk
RB
Buyer's Agent in 2019
Robert Burk
Desert 2 Mountain Realty
(480) 654-6900
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5864712
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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