NOT LISTED FOR SALE

555 W 9th Place Mesa, AZ 85201

West Enders Neighborhood

Estimated Value: $545,059 - $800,000

-- Bed
-- Bath
3,520 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $342,000 $97 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,177/month

20 Days on Market

About This Home

As of August 2019

Single story block construction 4plex. Currently 100% occupied with a lot of upside in the rents. Long term tenants all currently on month to month leases at $650/month. Walking distance to Westwood High School & Carson Junior High. Just over a mile from Mesa Riverview shopping center that has a gross leasable area of 1,115,112 square feet. Anchor stores include Bass Pro Shops, Cinemark Theatre, Home Depot, Bed Bath and Beyond, Petco, Walmart, Marshalls, Office Max, and Jo-Ann Fabrics.

Last Agent to Sell the Property

Brian Gaffney

Better Homes & Gardens Real Estate SJ Fowler License #BR536606000 Listed on: 06/06/2019

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lawrence Wright

Better Homes & Gardens Real Estate SJ Fowler License #SA031068000

Last Buyer's Agent

Jason Bingham

Distinguished Properties License #BR528229000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,351

Year Built

  • Built in 1963

Lot Details

  • 8,407

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 7
  • Assessor Parcel Number 135-16-057-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are 50X132
  • Indian Arms Subdivision

Building Details

  • Operating Expense $7,551
  • Gross Income $31
  • Net Operating Income $25,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,351

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Alma School & Rio Salado Pkwy
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULT
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2018
  • Directions: East on Rio Salado to Date, N to 9th pl, E to property on the S side of the road
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1200.0
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: INDIAN ARMS
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

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

Utilities

  • Electric: SRP
  • Cooling: Electric, Central A/C
  • 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:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 50X132
  • Additional Parcels: No
  • Parcel #: 135-16-057-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 31.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 25000.0
  • Annual Operating Expense: 7551.0

Tax Info

  • Tax Annual Amount: 1351.0
  • Tax Book Number: 135.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 30, 2019
Sold by
Williams Scott
Bought by
Williams Tamara
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$344,900
Sold Price
$342,000
Premium/Discount to List
-$2,900
-0.84%
Current Estimated Value
$727,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,015
Avg. Annual Appreciation
12.10%
Original Mortgage
$256,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2005
Sold by
Torres Ceasar V
Bought by
Delvecchio Jeff

Purchase Details

Closed on
Jul 31, 2002
Sold by
Ray Jay P and Ray Amber K
Bought by
Torres Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,227
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2002
Sold by
Ruston Myrna J
Bought by
Ray Jay P and Ray Amber K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2000
Sold by
The Lily Group Llc
Bought by
Rushton Myrna J

Purchase Details

Closed on
Aug 7, 1997
Sold by
Shamy Jerrolyn
Bought by
The Lily Group Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Williams Tamara -- Clear Title Agency Of Az
Williams Tamara $342,000 Clear Title Agency Of Az
Delvecchio Jeff $289,000 --
Torres Cesar $199,000 Capital Title Agency Inc
Ray Jay P $180,000 Stewart Title & Trust
Rushton Myrna J $93,000 Chicago Title Insurance Co
The Lily Group Llc $100,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Tamara $319,200
Closed Williams Tamara $256,500
Previous Owner Torres Cesar $196,227
Previous Owner Ray Jay P $162,000
Closed Delvecchio Jeff $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $342,000 -0.8% $97 / Sq Ft
07/25/2019 07/25/19 For Sale $344,900 0.0% $98 / Sq Ft
07/25/2019 07/25/19 Price Changed $344,900 0.0% $98 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/24/2019 06/24/19 Pending -- -- --
06/22/2019 06/22/19 For Sale $344,900 0.0% $98 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $344,900 -- $98 / 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 $1,528 $15,563 -- --
2024 $1,540 $14,822 -- --
2023 $1,540 $49,360 $9,870 $39,490
2022 $1,508 $38,520 $7,700 $30,820
2021 $1,527 $31,930 $6,380 $25,550
2020 $1,507 $29,100 $5,820 $23,280
2019 $1,408 $25,330 $5,060 $20,270
2018 $1,351 $20,680 $4,130 $16,550
2017 $1,311 $20,310 $4,060 $16,250
2016 $1,287 $18,630 $3,720 $14,910
2015 $1,209 $15,260 $3,050 $12,210
Source: Public Records

Agents Affiliated with this Home

  • Brian Gaffney

    Seller's Agent in 2019

    Brian Gaffney

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    26 Total Sales

    Brian Gaffney
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Lawrence Wright

    Better Homes & Gardens Real Estate SJ Fowler

  • Jason Bingham

    Buyer's Agent in 2019

    Jason Bingham

    Distinguished Properties

    (602) 432-5765

    27 Total Sales

    Jason Bingham
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5936012

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-16-057B

Arizona Maricopa County Mesa 85201 West Enders

555 W 9th Place, Mesa, AZ

This home is located at 555 W 9th Place, Mesa, AZ 85201 since 06 June 2019 and is currently estimated at $727,015, approximately $206 per square foot. This property was built in 1963. 555 W 9th Place is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Emerson 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

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