$137,300
SOLD JUL 21, 2017
-- Bed
-- Bath
1,304 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

5% Below List Price

167 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of May 2022

PRICE REDUCED!! Great investment opportunity! This property has 2 units, each with 2 bedroom/1 bath. Always full, currently rented @ $650.00 each per month. Private fenced yards. High demand area, instant income, tenants would like to stay!!

Last Agent to Sell the Property

Kelly Cook

Real Broker License #SA562405000 Listed on: 12/09/2016

Real Broker

Last Buyer's Agent

Rob Bundrick

Metropolitan Real Estate License #SA628322000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $537

Year Built

  • Built in 1930

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Schools

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

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 135-53-035-D

Community Details

Overview

  • 2 Units
  • Building Dimensions are unknown

Building Details

  • Operating Expense $4,427
  • Gross Income $15,600
  • Net Operating Income $11,173

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$537

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: Alma School / Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: unkonwn
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1930
  • Tax Year: 2016
  • Directions: East on Main to your first left. Go North on Beverly to property.
  • Road Surface Type: Asphalt, Concrete
  • Tax Parcel Letter: D
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Built-In Range, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: None
  • Attached Garage: No

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes

Fee Information

  • Trash Expense: 240.0
  • Annual Water Sewer Expense: 1680.0

Schools

  • Elementary School: Emerson 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: unknown
  • Additional Parcels: No
  • Parcel #: 135-53-035-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Insurance Expense: 720.0
  • Maintenance Expense: 1250.0
  • Property Net Operating Income: 11173.0
  • Annual Operating Expense: 4427.0

Tax Info

  • Tax Annual Amount: 537.0
  • Tax Book Number: 135.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 23, 2022
Sold by
Kimberly Keesler
Bought by
Rodriguez Jason Anthony
Seller's Agent
Rob Bundrick
Metropolitan Real Estate
Buyer's Agent
Taylor Look
Compass
List Price
$420,000
Sold Price
$435,000
Premium/Discount to List
$15,000
3.57%
Current Estimated Value
$403,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,259
Avg. Annual Appreciation
-2.20%
Original Mortgage
$415,648
Outstanding Balance
$397,658
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$6,083

Purchase Details

Listed on
Dec 9, 2016
Closed on
Jun 23, 2017
Sold by
Conder Michael Wayne and Conder Carley Joy
Bought by
Keesler Kimberly
Seller's Agent
Kelly Cook
Real Broker
Buyer's Agent
Rob Bundrick
Metropolitan Real Estate
List Price
$144,800
Sold Price
$137,300
Premium/Discount to List
-$7,500
-5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.84%
Original Mortgage
$102,975
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Conder Michael Wayne and Conder Carley Joy

Purchase Details

Closed on
Dec 22, 2008
Sold by
Wilson Derek
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Feb 7, 2006
Sold by
Wilson Sue Ellen
Bought by
Wilson Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,505
Interest Rate
10.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 6, 2006
Sold by
Jimenez Fausto and Jimenez Petra
Bought by
Wilson Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,505
Interest Rate
10.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 25, 2000
Sold by
Kamp Management Llc
Bought by
Jimenez Fausto and Jimenez Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,774
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 1997
Sold by
Kamp Robert G and Kamp Donna G
Bought by
Kamp Management Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $435,000 Wfg National Title Insurance C
Warranty Deed -- Clear Title Agency Of Arizon
Cash Sale Deed $40,000 Accommodation
Trustee Deed $106,852 None Available
Interfamily Deed Transfer -- The Talon Group Tempe Supert
Warranty Deed $187,900 The Talon Group Tempe Supert
Warranty Deed $81,900 --
Warranty Deed -- North American Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $415,648 FHA
Previous Owner $102,975 New Conventional
Previous Owner $178,505 Fannie Mae Freddie Mac
Previous Owner $178,505 Fannie Mae Freddie Mac
Previous Owner $81,774 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $435,000 +3.6% $335 / Sq Ft
03/24/2022 03/24/22 For Sale $420,000 0.0% $323 / Sq Ft
02/01/2018 02/01/18 Rented $800 0.0% --
01/31/2018 01/31/18 For Rent $800 0.0% --
01/26/2018 01/26/18 Under Contract -- -- --
01/17/2018 01/17/18 For Rent $800 0.0% --
07/21/2017 07/21/17 Sold $137,300 -5.2% $105 / Sq Ft
06/17/2017 06/17/17 For Sale $144,800 0.0% $111 / Sq Ft
03/30/2017 03/30/17 Price Changed $144,800 -2.8% $111 / Sq Ft
12/09/2016 12/09/16 For Sale $148,900 -- $114 / 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 $539 $6,491 -- --
2024 $545 $6,182 -- --
2023 $545 $23,810 $4,760 $19,050
2022 $533 $18,110 $3,620 $14,490
2021 $637 $15,900 $3,180 $12,720
2020 $628 $14,530 $2,900 $11,630
2019 $587 $13,020 $2,600 $10,420
2018 $564 $11,180 $2,230 $8,950
2017 $547 $9,910 $1,980 $7,930
2016 $537 $8,430 $1,680 $6,750
2015 $504 $7,480 $1,490 $5,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5534741

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-53-035D