NOT LISTED FOR SALE

555 S Bellview Mesa, AZ 85204

Temple Neighborhood

Estimated Value: $508,807 - $614,000

1 Bed
-- Bath
2,640 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $265,000 $100 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,158/month

5 Days on Market

Highlights

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

About This Home

As of March 2017

This is an excellent investment opportunity. It is a well-maintained block construction fourplex with long-term tenants on every unit. The roof and the air conditioning are relatively new. The laundry room brings extra income. The tenants pay for their own electricity, gas and trash. Please drive by only, do not disturb the tenants. You are going to be allowed to see the units during the inspection period. The two buildings 547 and 555 S Bellview are to be sold together.

Last Agent to Sell the Property

Carlos Alvarez

Arizona Elite Properties License #BR507936000 Listed on: 02/03/2017

Arizona Elite Properties

Last Buyer's Agent

Carlos Alvarez

Arizona Elite Properties License #BR507936000 Listed on: 02/03/2017

Arizona Elite Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 1962

Lot Details

  • 9,409

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Mesa Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity
  • The owner pays for water, sewer
  • Tax Lot 18
  • Assessor Parcel Number 139-23-046-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are 11381
  • Lydia Allen Tract Subdivision

Building Details

  • Operating Expense $4,970
  • Gross Income $34,920
  • Net Operating Income $2,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,070

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Broadway Rd and Mesa Drive.
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2015
  • Directions: East on Broadway to Bellview, south to 547 and 555 S. Bellview.
  • Road Surface Type: Asphalt
  • Subdivision Name: LYDIA ALLEN TRACT
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

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

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

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

Lot Info

  • Lot Size: 11381
  • Additional Parcels: No
  • Parcel #: 139-23-046-C

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Trash Collection, Gas, Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 34920.0
  • Insurance Expense: 900.0
  • Property Net Operating Income: 2010.0
  • Annual Operating Expense: 4970.0

Tax Info

  • Tax Annual Amount: 1070.0
  • Tax Book Number: 139.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2025
Sold by
Belleview 8 Llc and Bellview 8 Llc
Bought by
Prs Az 1 Llc
Total Days on Market
5
Current Estimated Value
$575,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,538,200
Outstanding Balance
$2,536,066
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$1,972,057

Purchase Details

Closed on
Mar 28, 2021
Sold by
Schnepp Peter A and Schnepp Randee L
Bought by
Bellview 8 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2021
Sold by
Bellview 8 Llc
Bought by
Schnepp Peter A and Schnepp Randee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2019
Sold by
Prs Properties Llc
Bought by
Bellview 8 Llc

Purchase Details

Closed on
Nov 17, 2018
Sold by
Prs Properties Llc
Bought by
Bellview 8 Llc

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 23, 2017
Sold by
Padilla Jesus P and Padilla Noelia
Bought by
Schnepp Peter and Schnepp Randee
Seller's Agent
Carlos Alvarez
Arizona Elite Properties
Buyer's Agent
Carlos Alvarez
Arizona Elite Properties
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$198,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 8, 2017
Sold by
Schnepp Peter and Schnepp Randee
Bought by
Prs Properties Llc
Seller's Agent
Carlos Alvarez
Arizona Elite Properties
Buyer's Agent
Carlos Alvarez
Arizona Elite Properties
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2000
Sold by
M A C Investments
Bought by
Wesleyan Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,950
Interest Rate
10.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2000
Sold by
Wesleyan Investments
Bought by
Padilla Jesus P and Padilla Noelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,950
Interest Rate
10.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prs Az 1 Llc -- Westcor Land Title Insurance C
Bellview 8 Llc -- Accommodation
Schnepp Peter A -- American Title Svc Agcy Llc
Bellview 8 Llc -- None Available
Bellview 8 Llc -- None Available
Schnepp Peter $265,000 First Arizona Title Agency L
Prs Properties Llc -- None Available
Wesleyan Investments Inc -- Grand Canyon Title Agency In
Padilla Jesus P $158,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prs Az 1 Llc $2,538,200
Previous Owner Schnepp Peter A $304,500
Previous Owner Schnepp Peter $198,750
Previous Owner Padilla Jesus P $145,750
Previous Owner Padilla Jesus P $110,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $265,000 0.0% $100 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $265,000 -- $100 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,271 $12,944 -- --
2024 $1,281 $12,327 -- --
2023 $1,281 $43,660 $8,730 $34,930
2022 $1,254 $30,250 $6,050 $24,200
2021 $1,270 $23,920 $4,780 $19,140
2020 $1,253 $21,100 $4,220 $16,880
2019 $1,171 $17,070 $3,410 $13,660
2018 $1,124 $13,960 $2,790 $11,170
2017 $1,090 $13,630 $2,720 $10,910
2016 $1,070 $12,580 $2,510 $10,070
2015 $1,006 $11,370 $2,270 $9,100
Source: Public Records

Agents Affiliated with this Home

  • Carlos Alvarez

    Seller's Agent in 2017

    Carlos Alvarez

    Arizona Elite Properties

    (480) 560-5055

    5 Total Sales

    Carlos Alvarez
    Section Image
  • Peter Schnepp

    Buyer Co-Listing Agent in 2017

    Peter Schnepp

    Real Broker

    (480) 695-0709

    6 Total Sales

    Peter Schnepp
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5556800

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-23-046C

Arizona Maricopa County Mesa 85204 Temple

555 S Bellview, Mesa, AZ

This home is located at 555 S Bellview, Mesa, AZ 85204 since 03 February 2017 and is currently estimated at $575,202, approximately $217 per square foot. This property was built in 1962. 555 S Bellview is a home located in Maricopa County with nearby schools including Lowell Elementary School, Franklin at Brimhall 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

Nearby Homes