NOT LISTED FOR SALE

556 N Drew St W Mesa, AZ 85201

Evergreen Historic District Neighborhood

Estimated Value: $353,000 - $406,000

1 Bed
2 Baths
636 Sq Ft
$588/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $140,000 $220 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,032/month

37 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of July 2016

2- 1 bedroom 1 bath rental units! Both interior/exterior renovations including tile flooring, newer appliances and fresh paint. Both units have laundry hook up and are individually metered for electricity and roof top A/C units. These apartments are well positioned to serve the entire downtown/midtown sectors of Mesa and is located in a very easy to rent location.

Last Agent to Sell the Property

Kelly Noble

Imperial Residential Holdings,LLC License #BR537515000 Listed on: 05/04/2016

Last Buyer's Agent

Colleen Rebuck

My Home Group Real Estate License #SA648316000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $513

Year Built

  • Built in 1955

Lot Details

  • 6,316

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer
  • Tax Lot 6
  • Assessor Parcel Number 137-29-006

Community Details

Overview

  • 2 Units
  • Building Dimensions are unkown
  • Bowen Tract Subdivision

Building Details

  • Operating Expense $3,150
  • Gross Income $15,600
  • Net Operating Income $11,571

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$513

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: Country Club Dr. & University Dr.
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MH
  • Number Of Buildings: 1
  • Year Built: 1955
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Professional Management Expense: 987.0
  • Subdivision Name: BOWEN TRACT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • 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:Paved Parking: Yes

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: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: unkown
  • Additional Parcels: No
  • Parcel #: 137-29-006

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Insurance Expense: 450.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 11571.0
  • Annual Operating Expense: 3150.34

Tax Info

  • Tax Annual Amount: 513.34
  • Tax Book Number: 137.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 27, 2016
Sold by
Aflalo Samuel
Bought by
Rebuck Stephen and Rebuck Colleen
Seller's Agent
Kelly Noble
Imperial Residential Holdings,LLC
Buyer's Agent
Colleen Rebuck
My Home Group Real Estate
List Price
$146,500
Sold Price
$140,000
Premium/Discount to List
-$6,500
-4.44%
Current Estimated Value
$374,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,000
Avg. Annual Appreciation
11.35%

Purchase Details

Closed on
Jun 25, 2014
Sold by
Fisch Properties Lp
Bought by
Aflalo Samuel

Purchase Details

Closed on
May 20, 2014
Sold by
Camelback Equities Llc
Bought by
Fisch Propeties Lp and Alflalo Samuel

Purchase Details

Closed on
Jan 24, 2013
Sold by
Arizona Equity Management Llc
Bought by
Camelback Equities Llc

Purchase Details

Closed on
Mar 3, 2011
Sold by
Mattison Leeann
Bought by
Arizona Equity Management Llc

Purchase Details

Closed on
Oct 13, 2006
Sold by
Thomas Robert M and Thomas Sandra L
Bought by
Mattison Leann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2003
Sold by
Thomas Robert M and Thomas Sandra L
Bought by
Mattison Lee Ann

Purchase Details

Closed on
Aug 23, 1995
Sold by
Larry L Welch Trust
Bought by
Thomas Robert M and Thomas Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,704
Interest Rate
7.83%
Mortgage Type
Seller Take Back
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
Rebuck Stephen $140,000 Empire West Title Agency
Aflalo Samuel $76,000 Accommodation
Fisch Propeties Lp -- None Available
Camelback Equities Llc -- None Available
Arizona Equity Management Llc $43,000 None Available
Mattison Leann -- American Title Svc Agency Ll
Mattison Lee Ann -- Fidelity National Title
Thomas Robert M $55,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rebuck Stephen $840,000
Closed Rebuck Stephen $98,000
Previous Owner Mattison Leann $150,000
Previous Owner Thomas Robert M $32,704
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $140,000 -2.8% $220 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
06/07/2016 06/07/16 Price Changed $144,000 -1.7% $226 / Sq Ft
05/04/2016 05/04/16 For Sale $146,500 -- $230 / 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 $678 $6,606 -- --
2024 $683 $6,292 -- --
2023 $683 $24,220 $4,840 $19,380
2022 $667 $17,750 $3,550 $14,200
2021 $675 $14,900 $2,980 $11,920
2020 $640 $13,310 $2,660 $10,650
2019 $598 $11,630 $2,320 $9,310
2018 $574 $10,510 $2,100 $8,410
2017 $556 $8,450 $1,690 $6,760
2016 $546 $7,520 $1,500 $6,020
2015 $513 $6,720 $1,340 $5,380
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kelly Noble

    Imperial Residential Holdings,LLC

  • C

    Buyer's Agent in 2016

    Colleen Rebuck

    My Home Group

    (480) 310-3977

    1 Total Sale

    Colleen Rebuck
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5437957

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-29-006

Arizona Maricopa County Mesa 85201 Evergreen Historic District

556 N Drew St W, Mesa, AZ

This home is located at 556 N Drew St W, Mesa, AZ 85201 since 04 May 2016 and is currently estimated at $374,000, approximately $588 per square foot. This property was built in 1955. 556 N Drew St W is a home located in Maricopa County with nearby schools including Eisenhower Center for Innovation, 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