NOT LISTED FOR SALE

Estimated Value: $600,000 - $689,218

3 Beds
-- Bath
2,694 Sq Ft
$240/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2021

Last sale price $635,000 $236 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,680 / mo

52 Days on Market

Highlights

  • 4 Car Attached Garage
  • Brick Veneer
  • Ceramic Tile Flooring
  • Franklin at Brimhall Elementary School Rated A
  • Patio
  • Outdoor Storage

About This Home

As of December 2021

True turn-key fully occupied individually metered triplex. Single story block construction. All three A/C units replaced in 2021, new roof in 2019. All three units fully remodeled with easy to maintain wood-look ceramic tile, new dual pane windows, new doors throughout. Kitchens fully remodeled with shaker cabinets & all electric, stainless steel appliances. Spacious bedrooms w/ ample closets. Large 48'' bathroom vanities, water efficient dual-flush toilets, tub to ceiling tile surround, rain-style shower heads. Easy to maintain desert landscaping. Two carports with a storage room & washer/dryer hookup for each tenant. Each apartment has a private enclosed front yard. Located near Downtown Mesa, across from walking/bike paths along canal. Home Warranty plan through 01/31/22 *Owner/Agent*

Last Agent to Sell the Property

Gladys Contreras

HomeSmart License #SA649499000 Listed on: 09/13/2021

HomeSmart

Last Buyer's Agent

Joshua Click

Barrett Real Estate License #SA666245000

Barrett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,277

Year Built

  • Built in 1971

Lot Details

  • Desert Landscape

Home Design

  • Brick Veneer
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Carport
  • On-Street Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Field Elementary School
  • Poston Junior High School
  • Mountain View High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer, trash collection
  • Tax Lot 66
  • Assessor Parcel Number 137-37-066-C

Community Details

Overview

  • 3 Units
  • Building Dimensions are 80x100
  • Ko Ko Palms 2 Lots 117 121 Subdivision

Building Details

  • Operating Expense $3,720
  • Gross Income $44,400
  • Net Operating Income $39,931

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,277

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: University & Gilbert
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: KO KO PALMS 2 LOTS 117-121
  • Tax Parcel Letter: C
  • Const - Finish:Const - Finish: Painted, Brick Veneer
  • Cooling:Cooling: Central Air, Electric, Ceiling Fan(s)
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: SRP
  • Special:Special: Owner/Agent
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Disposal, Microwave, W/D Hookup
  • Interior Features:Interior Features: Unfurnished, Fire/Smoke Alarm(s), Mini Blinds

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Brick, Painted, Brick Veneer
  • Roof: Composition
  • Exterior Amenities: Desert Landscaping, Patio/Balcony, Separate Storage

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport, <1 Space Per Unit, On Street, Attached
  • Attached Garage: Yes
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: Carport, <1 Space Per Unit, On Street, Attached

Utilities

  • Electric: SRP
  • Cooling: Central Air, Electric, Ceiling Fan(s)
  • Heating: Electric, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 2443.0

Schools

  • Elementary School: Field Elementary School
  • High School: Mountain View High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Poston Junior High School

Lot Info

  • Lot Size: 80x100
  • Additional Parcels: No
  • Parcel #: 137-37-066-C

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 44400.0
  • Property Net Operating Income: 39931.0
  • Annual Operating Expense: 3720.0

Tax Info

  • Tax Annual Amount: 1277.0
  • Tax Book Number: 137.0
  • Tax Lot: 66

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
Sep 13, 2021
Closed on
Dec 9, 2021
Sold by
Bought by
Seller's Agent
Gladys Contreras
HomeSmart
Buyer's Agent
Joshua Click
Barrett Real Estate
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Current Estimated Value
$661,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,380
Avg. Annual Appreciation
0.40%
Original Mortgage
$468,750
Interest Rate
0.0314%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 31, 2019
Closed on
Jan 24, 2020
Sold by
Bought by
Seller's Agent
Joshua Shull
SLD Realty LLC
Buyer's Agent
Gladys Contreras
HomeSmart
List Price
$399,999
Sold Price
$390,000
Premium/Discount to List
-$9,999
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.52%
Original Mortgage
$382,936
Interest Rate
0.0325%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.036%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 12, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
0.0612%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,400
Interest Rate
0.0565%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
0.0685%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 5, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 19, 1995
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 1994
Sold by
Bought by
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

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
$635,000 Title Alliance Of Az Agcy Ll
$390,000 Chicago Title Agency Inc
$225,000 Chicago Title Agency
$288,000 Title Security Agency Of Az
$194,900 The Talon Group
$165,000 Transnation Title Insurance
$127,900 Security Title Agency
$800 --
$79,200 --
$74,000 Security Title Agency
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $468,750
Closed $382,936
Closed $200,000
Closed $216,000
Closed $175,400
Closed $148,500
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 Prior Sale
12/13/2021 12/13/21 Sold $635,000 -2.3% $236 / Sq Ft
09/13/2021 09/13/21 For Sale $650,000 +66.7% $241 / Sq Ft
02/15/2020 02/15/20 Sold $390,000 -2.5% $145 / Sq Ft View Prior Sale
01/01/2020 01/01/20 Pending -- -- --
01/01/2020 01/01/20 For Sale $399,999 +2.6% $148 / Sq Ft
12/30/2019 12/30/19 Off Market $390,000 -- --
12/30/2019 12/30/19 For Sale $399,999 -- $148 / 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 $1,301 $13,188 -- --
2024 $1,305 $12,560 -- --
2023 $1,305 $41,400 $8,280 $33,120
2022 $1,278 $31,500 $6,300 $25,200
2021 $1,294 $26,300 $5,260 $21,040
2020 $1,277 $24,060 $4,810 $19,250
2019 $1,193 $16,330 $3,260 $13,070
2018 $1,145 $14,210 $2,840 $11,370
2017 $1,111 $12,830 $2,560 $10,270
2016 $1,090 $12,070 $2,410 $9,660
2015 $1,025 $12,630 $2,520 $10,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6292781

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-37-066C

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