NOT LISTED FOR SALE

530 S Portland Mesa, AZ 85206

10 Beds
10 Baths
2,180 Sq Ft
1982 Built

Last Sold September 28, 2015

Last sale price $463,400 $213 Per Sq Ft

10 Days on Market

Highlights

  • Clubhouse
  • Heated Community Pool
  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Tennis Courts
  • Concrete Flooring

About This Home

As of September 2015

Looking for Income, Forget Wall Street and CD's Wow ! A Turn Key Investment, Unique Rare Opportunity in a Retirement Community. Five Large Two Bedroom Units of 1090 Square Feet Each. Covered Parking Right to Each Door. Individual Patios and Nice
Size Yard for Each One. Long Term Tenant Base About Eight to Ten Years. Extremely Well Maintained. Four of Five Air Conditioners New in 2014 and One in 2008. There Has Been No Vacancy for Many Years. The Neighborhood Boast a Golf Course, Pools, Tennis Courts, Library, Computer Room, Crafts and Much More. This Investment is Better Than a CD With Much Greater Income. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction Including MLS Info. Cash or Fully Approved Buyers
Only Subject Only to Good Title.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 08/25/2015

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 08/25/2015

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,480

Year Built

  • Built in 1982

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 11 Parking Spaces
  • 5 Covered Spaces
  • Common or Shared Parking

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Central Air
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 140-36-376

Community Details

Overview

  • 5 Units
  • Building Dimensions are IRR
  • Sunland Village 6 Lot 1 7 & Tr A&B Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Heated Community Pool

Building Details

  • Gross Income $44,520
  • Net Operating Income $33,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,480

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Greenfield and Broadway
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2014
  • Directions: South on Greenfield from Broadway. East on Carol Ave. South on Portland. First property on West side of street.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: SUNLAND VILLAGE 6 LOT 1-7 & TR A&B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 11.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Clubhouse, Heated Pool(s)

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Tennis Court(s)2: Yes
  • Community Amenities:Clubhouse: Yes
  • Exterior Amenities:Pet Restrictions: Yes
  • Community Amenities:Heated Pool(s): Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2400.0

Schools

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

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 140-36-376

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 5
  • Annual Gross Income: 44520.0
  • Insurance Expense: 1700.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 33180.0

Tax Info

  • Tax Annual Amount: 2480.0
  • Tax Book Number: 140.00
  • Tax Lot: 0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2015 09/28/15 Sold $463,400 -6.4% $213 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $495,000 +23.8% $227 / Sq Ft
03/17/2014 03/17/14 Sold $400,000 0.0% $183 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $399,900 -- $183 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Fowler

    Seller's Agent in 2015

    Steve Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 430-5843

    66 Total Sales

    Steve Fowler
    Section Image
  • Steven Cvetanovich

    Seller Co-Listing Agent in 2015

    Steven Cvetanovich

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 323-5672

    37 Total Sales

    Steven Cvetanovich
    Section Image
  • Sophia Baron

    Seller's Agent in 2014

    Sophia Baron

    Grace CRE

    (480) 375-0227

    86 Total Sales

    Sophia Baron
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5325142

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Mesa 85206

530 S Portland, Mesa, AZ

This home is located at 530 S Portland, Mesa, AZ 85206 since 25 August 2015. This property was built in 1982. 530 S Portland is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Madison Elementary School, and Franklin West Elementary School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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