NOT LISTED FOR SALE

Estimated Value: $362,749

Studio
-- Bath
1,423 Sq Ft
$255/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2018

Last sale price $225,000 $158 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,007 / mo

13 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • Wood Flooring
  • Franklin at Brimhall Elementary School Rated A
  • Clubhouse
  • Tennis Courts

About This Home

As of July 2018

Here's a Rare Opportunity to Buy an Income Property Duplex in Dreamland Villa. These Don't Become available Very Often, This 2-Unit Features a 2 Bedroom/ 1 Bath and a 1 Bedroom/ 1 Bath. Owner Just Added New Cabinets, Counters and Stainless Steel Appliances in the 2 Bedroom Unit. Current Tenant Has Been in the 1 Bedroom Unit for 15 Years. New Water Heaters in Both Units. Community Features Include Bocce Ball Courts, Pools, Golf, Shuffleboard, Pickleball and Numerous Activity Clubs.

Last Agent to Sell the Property

Kenny Klaus

Keller Williams Integrity First License #SA515503000 Listed on: 07/05/2018

Co-Listed By

Ty Lusk

Keller Williams Integrity First License #SA548063000

Last Buyer's Agent

Amy Pikula

HomeSmart License #SA545324000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $735

Year Built

  • Built in 1960

Lot Details

  • 10,716

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Evaporated cooling system
  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units

Additional Features

  • Ceiling Fan
  • Heated Spa
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 256
  • Assessor Parcel Number 141-75-024

Community Details

Overview

  • 2 Units
  • Building Dimensions are 10713
  • Dreamland Villa Subdivision

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Handball Court
  • Fitness Center
  • Heated Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Operating Expense $735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$735

Year Built

Built in 1960

Lot Details

10,716 Sq Ft Lot

Listing Details

  • Cross Street: Higley & Main
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwif10
  • Co List Office Phone: 480-354-7344
  • Subdivision Name: Dreamland Villa
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Evaporative Cooling, Electric, Central A/C, 2 or More Units
  • Heating: 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Shuffle Brd/Lawn Bwl, Handball/Racquet Crt, Golf/Putting Green, Tennis Court(s), Exercise Room, Clubhouse, Heated Spa(s), Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Tennis Court(s)2: Yes
  • Community Amenities:GolfPutting Green: Yes
  • Community Amenities:Clubhouse: Yes
  • Community Amenities:Heated Spa(s): Yes
  • Community Amenities:Shuffle BrdLawn Bwl: Yes

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Adult

Lot Info

  • Lot Size: 10713
  • Additional Parcels: Yes
  • Parcel #: 141-75-024

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Operating Expense: 735.0

Tax Info

  • Tax Annual Amount: 735.0
  • Tax Book Number: 141.00
  • Tax Lot: 256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2018
Closed on
Jul 26, 2018
Sold by
Heskett James Edward
Bought by
Martin Judith and Judith Martin Trust
Seller's Agent
Kenny Klaus
Keller Williams Integrity First
Buyer's Agent
Amy Pikula
HomeSmart
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Current Estimated Value
$362,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,749
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Mar 10, 2008
Sold by
Heskett Wanda Mae
Bought by
Heskell James Edward
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

Date Buyer Sale Price Title Company
Martin Judith $225,000 Fidelity National Title Agen
Heskell James Edward -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $225,000 -6.3% $158 / Sq Ft
07/05/2018 07/05/18 For Sale $240,000 -- $169 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $836 $10,544 -- --
2024 $855 $10,042 -- --
2023 $855 $25,580 $5,110 $20,470
2022 $837 $19,210 $3,840 $15,370
2021 $844 $17,610 $3,520 $14,090
2020 $837 $16,080 $3,210 $12,870
2019 $776 $12,510 $2,500 $10,010
2018 $757 $11,520 $2,300 $9,220
2017 $735 $10,920 $2,180 $8,740
2016 $657 $11,930 $2,380 $9,550
2015 $668 $11,320 $2,260 $9,060
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5789270

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-75-024

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