543 W 9th Place Mesa, AZ 85201
West Enders Neighborhood
--
Bed
--
Bath
3,520
Sq Ft
7,928
Sq Ft Lot
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating Available
- Franklin at Brimhall Elementary School Rated A
About This Home
As of November 2023Fantastic fourplex in quiet northwest Mesa location. All units are 2/1 with close to 900 square feet and outdoor patio areas. Washer/Dryer hookups in each unit. Large bedrooms with huge closets and extra storage. Long term leases in place with room to grow, but property is already performing at a 6.2% cap rate - a rarity in today's market. By far the best deal on the market today. Property has been professionally managed, improved, and stabilized over the last 3 years of ownership. This plug and play deal will not last long. Main sewer line for unit B just replaced. Unit B currently vacant. Unit D up for renewal in October.
Last Agent to Sell the Property
ATLAS AZ, LLC License #SA692576000 Listed on: 09/18/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,533
Year Built
- Built in 1963
Home Design
- Composition Roof
- Block Exterior
Flooring
- Ceramic Tile
- Vinyl
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Paved Parking
- On-Street Parking
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer
- Tax Lot 6
- Assessor Parcel Number 135-16-056-B
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
- Indian Arms Subdivision
Building Details
- Operating Expense $1,533
- Gross Income $63,954
- Net Operating Income $45,965
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 14, 2024
Sold by
Rodriguez Hector R
Bought by
Dyh Real Estate Llc
Current Estimated Value
Purchase Details
Listed on
Sep 18, 2023
Closed on
Nov 15, 2023
Sold by
543 West 9Th Llc
Bought by
Rodriguez Hector R
Seller's Agent
Michael Bennett
ATLAS AZ, LLC
Buyer's Agent
Jose Reyes Alvarez
RETSY
List Price
$725,000
Sold Price
$750,000
Premium/Discount to List
$25,000
3.45%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%
Original Mortgage
$562,500
Interest Rate
7.49%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 20, 2020
Closed on
Nov 24, 2020
Sold by
543 Investments Llc
Bought by
543 West 9Th Llc
Seller's Agent
Craig Young
REI Marketing
Buyer's Agent
Michael Bennett
ATLAS AZ, LLC
List Price
$495,000
Sold Price
$495,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.07%
Original Mortgage
$371,250
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 14, 2010
Sold by
Lattig Kelly
Bought by
543 Investments Llc
Purchase Details
Closed on
Jun 18, 2010
Sold by
Johnson Rick
Bought by
Lattig Kelly
Purchase Details
Closed on
Jul 28, 2008
Sold by
Rucker Ryan
Bought by
Johnson Rick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,400
Interest Rate
6.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 2007
Sold by
Emc Mortgage Corp
Bought by
Rucker Ryan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,400
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 16, 2007
Sold by
Hamana Lillian
Bought by
Emc Mortgage Corp
Purchase Details
Closed on
Jul 6, 2006
Sold by
Hamana Arkan G
Bought by
Hamana Lillian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 20, 2005
Sold by
Kort Dimitri and Kort Kandy
Bought by
Hamana Arkan G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 19, 2004
Sold by
Le Grande Investments Llc
Bought by
Kort Dimitri and Kort Kandy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,650
Interest Rate
5.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2004
Sold by
Hillard C Dale and Hillard Virginia A
Bought by
Le Grande Investments Llc
Purchase Details
Closed on
Aug 26, 2002
Sold by
Shamy Jerrolyn and Bondoc Jerrolyn E
Bought by
Hillard C Dale and Hillard Virginia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.43%
Mortgage Type
New Conventional
Similar Homes in Mesa, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $750,000 | Empire Title Agency | |
| Warranty Deed | $495,000 | First Integrity Ttl Agcy Of | |
| Warranty Deed | $90,000 | None Available | |
| Cash Sale Deed | $90,000 | Chicago Title | |
| Warranty Deed | $257,500 | Capital Title Agency Inc | |
| Special Warranty Deed | $250,000 | Prestige Title Agency Llc | |
| Trustee Deed | $276,394 | None Available | |
| Warranty Deed | $368,000 | Arizona Title Agency Inc | |
| Warranty Deed | $315,000 | Capital Title Agency Inc | |
| Warranty Deed | $261,000 | Ticor Title Agency Of Az Inc | |
| Warranty Deed | -- | Stewart Title & Trust | |
| Warranty Deed | $190,000 | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $562,500 | New Conventional | |
| Previous Owner | $371,250 | New Conventional | |
| Previous Owner | $239,400 | New Conventional | |
| Previous Owner | $239,400 | New Conventional | |
| Previous Owner | $257,600 | Purchase Money Mortgage | |
| Previous Owner | $92,000 | Stand Alone Second | |
| Previous Owner | $252,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $169,650 | New Conventional | |
| Previous Owner | $168,500 | Unknown | |
| Previous Owner | $152,000 | New Conventional | |
| Closed | $65,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2023 11/16/23 | Sold | $750,000 | +3.4% | $213 / Sq Ft |
| 09/20/2023 09/20/23 | Pending | -- | -- | -- |
| 09/18/2023 09/18/23 | For Sale | $725,000 | +46.5% | $206 / Sq Ft |
| 12/01/2020 12/01/20 | Sold | $495,000 | 0.0% | $141 / Sq Ft |
| 10/22/2020 10/22/20 | Pending | -- | -- | -- |
| 10/02/2020 10/02/20 | For Sale | $495,000 | -- | $141 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,553 | $15,823 | -- | -- |
| 2024 | $1,566 | $15,069 | -- | -- |
| 2023 | $1,566 | $49,030 | $9,800 | $39,230 |
| 2022 | $1,533 | $38,280 | $7,650 | $30,630 |
| 2021 | $1,552 | $31,670 | $6,330 | $25,340 |
| 2020 | $1,532 | $28,870 | $5,770 | $23,100 |
| 2019 | $1,431 | $25,200 | $5,040 | $20,160 |
| 2018 | $1,374 | $22,750 | $4,550 | $18,200 |
| 2017 | $1,333 | $20,220 | $4,040 | $16,180 |
| 2016 | $1,308 | $18,510 | $3,700 | $14,810 |
| 2015 | $1,229 | $15,180 | $3,030 | $12,150 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Michael Bennett
ATLAS AZ, LLC
(805) 886-0098
5 in this area
49 Total Sales
-
Buyer's Agent in 2023
Jose Reyes Alvarez
RETSY
(602) 903-8565
1 in this area
157 Total Sales
-
Seller's Agent in 2020
Craig Young
REI Marketing
(480) 773-2183
1 in this area
181 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6606588
APN: 135-16-056B
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.
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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