NOT LISTED FOR SALE

Estimated Value: $622,000 - $767,000

4 Beds
-- Bath
2,852 Sq Ft
$235/Sq Ft Est. Value

Sale Details

Date Sold: July 6, 2020

Last sale price $460,000 $161 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,790 / mo

42 Days on Market

Highlights

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

About This Home

As of July 2020

4-PLEX, GREAT INVESTMENT PROPERTY! **NO HOA**, Near Light Rail and Bus Service Walking Distance. All Units are 2 Bedrooms 1 Bath. Two Units have Vaulted Ceilings. Each includes REFRIGERATOR, WASHER & DRYER HOOK UP ONLY!-- NOTE: Complex is located near the CUBS Spring Training Complex, near RIVERVIEW SHOPPING Complex. Also near ASU CAMPUS!

Last Agent to Sell the Property

Walter Frklich

West USA Realty License #SA630887000 Listed on: 04/10/2020

West USA Realty

Co-Listed By

Manuel Frklich

West USA Realty License #SA663369000

Last Buyer's Agent

Jason Shepherd

SRGC West License #BR555335000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1986

Lot Details

  • 8,756

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking

Schools

  • Webster Elementary School
  • Carson Junior High Middle School
  • Westwood High School

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, cable TV, landscaping
  • Tax Lot 32
  • Assessor Parcel Number 135-45-032-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8756
  • La Mesita Subdivision

Building Details

  • Operating Expense $7,634
  • Gross Income $37,632
  • Net Operating Income $30,766

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,285

Year Built

Built in 1986

Lot Details

8,756 Sq Ft Lot

Listing Details

  • Cross Street: W. of DOBSON and N. of MAIN
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2019
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: wusa92
  • Co List Office Phone: 602-942-4200
  • Subdivision Name: LA MESITA
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: None
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 1449.0
  • Annual Water Sewer Expense: 1412.0

Schools

  • Elementary School: Webster Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: 8756
  • Additional Parcels: No
  • Parcel #: 135-45-032-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Cable TV, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 37632.0
  • Insurance Expense: 883.0
  • Maintenance Expense: 1320.0
  • Property Net Operating Income: 30766.0
  • Annual Operating Expense: 7634.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1285.0
  • Tax Book Number: 135.00
  • Tax Lot: 32

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
Apr 10, 2020
Closed on
Jun 24, 2020
Sold by
Bought by
Seller's Agent
Walter Frklich
West USA Realty
Buyer's Agent
Jason Shepherd
SRGC West
List Price
$470,000
Sold Price
$460,000
Premium/Discount to List
-$10,000
-2.13%
Current Estimated Value
$668,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,928
Avg. Annual Appreciation
6.35%
Original Mortgage
$345,000
Interest Rate
0.032%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jun 23, 2020
Sold by
Bought by
Seller's Agent
Walter Frklich
West USA Realty
Buyer's Agent
Jason Shepherd
SRGC West
List Price
$470,000
Sold Price
$460,000
Premium/Discount to List
-$10,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
0.032%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2012
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
$139,374
Interest Rate
0.0425%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2011
Sold by
Bought by

Purchase Details

Closed on
May 10, 2007
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
$293,250
Interest Rate
0.0712%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2006
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
$241,350
Interest Rate
0.0712%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2005
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
$199,900
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 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
$173,600
Interest Rate
0.0837%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2001
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 2001
Sold by
Bought by

Purchase Details

Closed on
May 11, 2000
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
$163,019
Interest Rate
0.0822%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 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
$460,000 First Integrity Ttl Agcy Of
-- First Integrity Ttl Agcy Of
$146,000 First American Title Ins Co
$95,000 North American Title Company
$350,000 Grand Canyon Title Agency In
$325,000 Grand Canyon Title Agency In
$250,000 Grand Canyon Title Agency In
$217,000 Security Title Agency
$197,000 Transnation Title Insurance
$185,900 Security Title Agency
$171,599 American Title Insurance
$140,000 Security Title Agency
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 $345,000
Previous Owner $139,374
Previous Owner $293,250
Previous Owner $241,350
Previous Owner $199,900
Previous Owner $173,600
Previous Owner $163,019
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 Prior Sale
07/06/2020 07/06/20 Sold $460,000 -2.1% $161 / Sq Ft
06/04/2020 06/04/20 For Sale $470,000 0.0% $165 / Sq Ft
06/04/2020 06/04/20 Price Changed $470,000 0.0% $165 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $470,000 +221.9% $165 / Sq Ft
05/10/2012 05/10/12 Sold $146,000 -2.0% $195 / Sq Ft View Prior Sale
04/13/2012 04/13/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $149,000 -- $199 / 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 $1,401 $14,204
2024 $1,406 $13,528
2023 $1,406 $53,630 $10,720 $42,910
2022 $1,377 $34,910 $6,980 $27,930
2021 $1,393 $27,870 $5,570 $22,300
2020 $1,375 $25,050 $5,010 $20,040
2019 $1,285 $21,370 $4,270 $17,100
2018 $1,233 $17,460 $3,490 $13,970
2017 $1,196 $16,330 $3,260 $13,070
2016 $1,174 $15,650 $3,130 $12,520
2015 $1,104 $13,460 $2,690 $10,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6064870

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-45-032D

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