NOT LISTED FOR SALE

Estimated Value: $437,502 - $544,000

Studio
-- Bath
705 Sq Ft
$691/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2019

Last sale price $295,000 $418 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,737 / mo

68 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Central Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2019

Back on the Market! Buyer's Financing Fell Through. If you're looking for a nice all 2-Bedroom, Triplex with Consistent Cash Flow THIS IS IT! Now with a NEW ROOF with Transferable Warranty! Good Rents and Solid Property for Your Real Estate Portfolio. Drive-by Only. Do Not Disturb Residents. Great Property In a Neighborhood Away from Other Multi-Family Properties. Central Mesa location with Parking On Property and On Street. Long-Term Tenants. See Tenant Roster in Documents for Rents, Term, and Deposits.

Last Agent to Sell the Property

John Miller

Delex Realty License #SA576598000 Listed on: 07/15/2019

Delex Realty

Last Buyer's Agent

Soyun Wong

Better Homes & Gardens Real Estate SJ Fowler License #SA658905000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1960

Lot Details

  • 9,932

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Central Heating
  • Separate Meters

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, cable TV
  • The owner pays for water, sewer, landscaping
  • Tax Lot 11
  • Assessor Parcel Number 139-37-066

Community Details

Overview

  • 3 Units
  • Building Dimensions are 165.7 x 60
  • Millett Place Subdivision

Building Details

  • Operating Expense $4,913
  • Gross Income $21,888
  • Net Operating Income $19,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$945

Year Built

Built in 1960

Lot Details

9,932 Sq Ft Lot

Listing Details

  • Cross Street: Mesa Drive/Broadway Road
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: D
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Subdivision Name: MILLETT PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Fee Information

  • Annual Water Sewer Expense: 3370.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 165.7 x 60
  • Additional Parcels: No
  • Parcel #: 139-37-066

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Tenant Pays: Trash Collection, Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 21888.0
  • Maintenance Expense: 298.0
  • Property Net Operating Income: 19000.0
  • Annual Operating Expense: 4913.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 945.0
  • Tax Book Number: 139.00
  • Tax Lot: 11

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
Jul 15, 2019
Closed on
Oct 28, 2019
Sold by
Bought by
Seller's Agent
John Miller
Delex Realty
Buyer's Agent
Soyun Wong
Better Homes & Gardens Real Estate SJ Fowler
List Price
$299,999
Sold Price
$295,000
Premium/Discount to List
-$4,999
-1.67%
Current Estimated Value
$487,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,376
Avg. Annual Appreciation
7.75%
Original Mortgage
$221,250
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2019
Closed on
Oct 18, 2019
Sold by
Bought by
Seller's Agent
John Miller
Delex Realty
Buyer's Agent
Soyun Wong
Better Homes & Gardens Real Estate SJ Fowler
List Price
$299,999
Sold Price
$295,000
Premium/Discount to List
-$4,999
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2008
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
$128,000
Interest Rate
0.0622%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 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
$113,400
Interest Rate
0.093%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 1998
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
-- Wfg National Title Ins Co
$295,000 Wfg National Title Ins Co
-- None Available
-- Fidelity National Title
$162,000 Capital Title Agency Inc
$101,063 Transnation Title Insurance
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
Open $228,750
Closed $221,250
Previous Owner $120,582
Previous Owner $128,000
Previous Owner $142,400
Previous Owner $113,400
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
10/31/2019 10/31/19 Sold $295,000 -1.7% $418 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $299,999 0.0% $426 / Sq Ft
09/06/2019 09/06/19 For Sale $299,999 0.0% $426 / Sq Ft
09/06/2019 09/06/19 Price Changed $299,999 0.0% $426 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $299,999 -- $426 / 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 $1,073 $10,874
2024 $1,076 $10,356
2023 $1,076 $38,810 $7,760 $31,050
2022 $1,054 $27,200 $5,440 $21,760
2021 $1,067 $23,070 $4,610 $18,460
2020 $1,053 $20,820 $4,160 $16,660
2019 $984 $16,080 $3,210 $12,870
2018 $944 $13,130 $2,620 $10,510
2017 $916 $12,880 $2,570 $10,310
2016 $899 $12,150 $2,430 $9,720
2015 $845 $10,600 $2,120 $8,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5952532

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-37-066

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