NOT LISTED FOR SALE
6 Beds
6 Baths
1,300 Sq Ft
1981 Built

Last Sold July 29, 2016

Last sale price $188,000 $145 Per Sq Ft

17 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of July 2016

Fully renovated Triplex with recent paint and new PEX plumbing. This is a fantastic opportunity, FULLY OCCUPIED with current rents at $675, $675 and $650!! Owner pays water/sewer/trash and Tenants pay electric. Downstairs units have BASEMENTS, huge attraction for tenants!! Please do not disturb tenants - drive by only.

Last Agent to Sell the Property

James Hill

West USA Realty License #SA116827000 Listed on: 06/07/2016

West USA Realty

Co-Listed By

Ed Floren

My Home Group Real Estate License #SA662311000

Last Buyer's Agent

Kelly Cook

Real Broker License #SA562405000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $632

Year Built

  • Built in 1981

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Holmes Elementary School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 139-36-080-D

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $7,012
  • Gross Income $22,800
  • Net Operating Income $16,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$632

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: SOUTHERN & MESA DR
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Year Built: 1981
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1900.0
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks
  • Amenities: None

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:See Remarks15: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1680.0

Schools

  • Elementary School: Holmes Elementary School
  • High School: Mesa High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 139-36-080-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 22800.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 16420.0
  • Annual Operating Expense: 7012.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 632.0
  • Tax Book Number: 139.00
  • Tax Lot: 3
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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 List to Sale Price per Sq Ft Prior Sale
07/29/2016 07/29/16 Sold $188,000 -5.1% $145 / Sq Ft
06/06/2016 06/06/16 For Sale $198,000 +33.4% $152 / Sq Ft
12/13/2012 12/13/12 Sold $148,470 -1.0% -- View Prior Sale
11/12/2012 11/12/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $150,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5453647

Arizona Regional Multiple Listing Service (ARMLS)