NOT LISTED FOR SALE

Estimated Value: $350,000 - $666,000

-- Bed
4 Baths
-- Sq Ft
9,191 Sq Ft Lot

Last Sold August 29, 2022

Last sale price $665,000

Est. 18% decrease in value since last sale

Current estimated payment $3,153/month

2 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Vinyl Flooring

About This Home

As of August 2022

This is a great opportunity to purchase as an investment property or primary property to live in and rent the other 3 units and maximize your passive income, this newly remodeled fourplex nestled in the heart of mesa, conveniently located near colleges, hospitals, amusement parks, shopping centers, and freeway 60 and 87. This property has no HOA. This is a great way to get started in building your real estate portfolio. All units are turnkey, with new interior and exterior paint, new vinyl flooring, a refrigerator and electric range top appliances. One unit is currently leased at $1,150 for 12 months. Washer only hook ups located in the exterior of units.

Last Agent to Sell the Property

Tanya Toliver

Keller Williams Arizona Realty License #BR680323000 Listed on: 07/25/2022

Co-Listed By

Andreina Parker

SERHANT. License #SA699506000

Last Buyer's Agent

Tamra Yelavich

West USA Realty License #BR634174000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1961

Lot Details

  • 9,191

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Lowell Elementary School - Mesa
  • Kino Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 12
  • Assessor Parcel Number 139-23-037-C

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are NA
  • Lydia Allen Tract Subdivision

Building Details

  • Operating Expense $998

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$998

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: Horne & Broadway Rd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Year Built: 1961
  • Tax Year: 2021
  • Directions: Head west on Broadway Rd, Turn left onto Bellview. Property will be on the left.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwaz19
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: LYDIA ALLEN TRACT
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Other (See Remarks)
  • 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:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s)
  • 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

Schools

  • Elementary School: Lowell Elementary School - Mesa
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: NA
  • Additional Parcels: No
  • Parcel #: 139-23-037-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 998.0

Tax Info

  • Tax Annual Amount: 998.0
  • Tax Book Number: 139.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Aug 25, 2022
Sold by
Hayden Bowles
Bought by
Uy Juan Rios
Seller's Agent
Tanya Toliver
Keller Williams Arizona Realty
Buyer's Agent
Tamra Yelavich
West USA Realty
List Price
$694,900
Sold Price
$665,000
Premium/Discount to List
-$29,900
-4.3%
Total Days on Market
2
Views
7
Current Estimated Value
$546,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,028
Avg. Annual Appreciation
-6.81%
Original Mortgage
$532,000
Outstanding Balance
$512,685
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$34,287

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 4, 2022
Sold by
Kayali Bandar I
Bought by
Bowles Hayden
Seller's Agent
Nathan Waite
Silverhawk Realty
Buyer's Agent
Braden Batchelor
eXp Realty
List Price
$580,000
Sold Price
$535,000
Premium/Discount to List
-$45,000
-7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.84%
Original Mortgage
$405,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2020
Closed on
Dec 24, 2020
Sold by
Pace Cory A
Bought by
Kayali Bandar I
Seller's Agent
Alex Thomas
EPL Realty Group, LLC
Buyer's Agent
Nathan Waite
Compass
List Price
$385,000
Sold Price
$340,000
Premium/Discount to List
-$45,000
-11.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.00%
Original Mortgage
$255,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2011
Sold by
Pace Kristie L
Bought by
Pace Cory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,460
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2011
Sold by
Wells Fargo Bank National Association
Bought by
Pace Cory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,460
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2011
Sold by
Small Jamila
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Nov 28, 2005
Sold by
Zigdon Gadi
Bought by
Small Jamila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2005
Sold by
Eighteen Investments Inc
Bought by
Zigdon Gadi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2004
Sold by
Weeks Bruce A and Weeks Bonnie M
Bought by
Eighteen Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,295
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 1996
Sold by
Weeks Bruce Allen
Bought by
Weeks Bruce Allen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Uy Juan Rios $665,000 Landmark Title
Bowles Hayden $535,000 New Title Company Name
Kayali Bandar I $340,000 Grand Canyon Title Agency
Pace Cory A -- Servicelink
Pace Cory A -- Servicelink
Wells Fargo Bank National Association $255,938 Accommodation
Small Jamila $285,000 Grand Canyon Title Agency In
Zigdon Gadi $190,000 Stewart Title & Trust Of Pho
Eighteen Investments Inc $94,000 Fidelity National Title
Weeks Bruce Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uy Juan Rios $532,000
Previous Owner Bowles Hayden $405,000
Previous Owner Kayali Bandar I $255,000
Previous Owner Pace Cory A $25,000
Previous Owner Pace Cory A $53,460
Previous Owner Pace Cory A $53,460
Previous Owner Small Jamila $228,000
Previous Owner Zigdon Gadi $161,500
Previous Owner Eighteen Investments Inc $130,295
Closed Small Jamila $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $665,000 -4.3% --
07/27/2022 07/27/22 Pending -- -- --
07/26/2022 07/26/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $694,900 +29.9% --
03/25/2022 03/25/22 Sold $535,000 -7.8% --
03/18/2022 03/18/22 For Sale $580,000 0.0% --
03/18/2022 03/18/22 Price Changed $580,000 0.0% --
03/09/2022 03/09/22 For Sale $580,000 0.0% --
03/09/2022 03/09/22 Price Changed $580,000 0.0% --
01/21/2022 01/21/22 For Sale $580,000 +70.6% --
01/05/2021 01/05/21 Sold $340,000 -10.5% --
12/21/2020 12/21/20 Price Changed $380,000 0.0% --
11/13/2020 11/13/20 Pending -- -- --
11/11/2020 11/11/20 Price Changed $380,000 -1.3% --
09/06/2020 09/06/20 Price Changed $385,000 -1.3% --
08/31/2020 08/31/20 Price Changed $390,000 -1.3% --
08/31/2020 08/31/20 Price Changed $395,000 -0.9% --
08/24/2020 08/24/20 Price Changed $398,500 -0.1% --
08/07/2020 08/07/20 Price Changed $399,000 +3.6% --
06/18/2020 06/18/20 For Sale $385,000 -- --
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 $999 $10,179 -- --
2024 $1,007 $9,694 -- --
2023 $1,007 $36,360 $7,270 $29,090
2022 $986 $26,010 $5,200 $20,810
2021 $998 $21,820 $4,360 $17,460
2020 $985 $19,500 $3,900 $15,600
2019 $921 $15,160 $3,030 $12,130
2018 $884 $12,320 $2,460 $9,860
2017 $857 $11,960 $2,390 $9,570
2016 $841 $11,210 $2,240 $8,970
2015 $791 $9,820 $1,960 $7,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6439536

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-23-037C