$340,000
SOLD JAN 5, 2021
-- Bed
-- Bath
-- Sq Ft
9,191 Sq Ft Lot

Recently Sold

12% Below List Price

148 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of August 2022

LOW RENTS Plenty of room to raise rents.

Last Agent to Sell the Property

Alex Thomas

EPL Realty Group, LLC License #SA658146000 Listed on: 06/19/2020

Co-Listed By

Peter Ellefson

EPL Realty Group, LLC License #BR528982000

Last Buyer's Agent

Nathan Waite

Compass License #SA677376000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 1961

Parking

  • Free Parking

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 139-23-037-C

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are N/A
  • Lydia Allen Tract Subdivision

Building Details

  • Operating Expense $921
  • Gross Income $23,940
  • Net Operating Income $23,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$921

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: Broadway & Mesa Dr
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2019
  • Directions: East on Broadway, South on Bellview
  • Road Surface Type: Dedicated Street
  • Co List Office Mls Id: eplr01
  • Co List Office Phone: 480-831-1731
  • Subdivision Name: LYDIA ALLEN TRACT
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Parking:Free: Yes

Utilities

  • Electric: SRP
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: N/A
  • Additional Parcels: No
  • Parcel #: 139-23-037-C

Multi Family

  • Owner Pays: See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 4
  • Annual Gross Income: 23940.0
  • Property Net Operating Income: 23940.0
  • Annual Operating Expense: 921.0

Tax Info

  • Tax Annual Amount: 921.0
  • 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%
Views
7
Current Estimated Value
$551,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,938
Avg. Annual Appreciation
-7.09%
Original Mortgage
$532,000
Outstanding Balance
$512,685
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$23,358

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $665,000 Landmark Title
Warranty Deed $535,000 New Title Company Name
Warranty Deed $340,000 Grand Canyon Title Agency
Interfamily Deed Transfer -- Servicelink
Special Warranty Deed -- Servicelink
Trustee Deed $255,938 Accommodation
Warranty Deed $285,000 Grand Canyon Title Agency In
Warranty Deed $190,000 Stewart Title & Trust Of Pho
Warranty Deed $94,000 Fidelity National Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,000 New Conventional
Previous Owner $405,000 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $25,000 Future Advance Clause Open End Mortgage
Previous Owner $53,460 Commercial
Previous Owner $53,460 Commercial
Previous Owner $228,000 Purchase Money Mortgage
Previous Owner $161,500 Commercial
Previous Owner $130,295 Commercial
Closed $28,500 No Value Available
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: 6092503

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-23-037C