NOT LISTED FOR SALE

Estimated Value: $304,137 - $349,000

2 Beds
-- Bath
1,325 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $220,000 $166 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,804/month

15 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Shuffleboard Court
  • Franklin at Brimhall Elementary School Rated A
  • Heated Community Pool
  • Ceramic Tile Flooring

About This Home

As of July 2020

NO SHOWINGS until 6/1.

Charming, well maintained duplex in Dreamland Villa 55+ community. Each side has 1 bed/1 bath, refrigerator, stove, dishwasher, spacious walk-in closets and enclosed laundry room. One remodeled kitchen with cherry cabinets, and one with white painted cabinets.

Community amenities include 2 clubhouses, an exercise room, 3 swimming pools, 2 spas, a library, and Pickleball, Bocce Ball and shuffleboard courts, clubs and activities - all for $175/year per person.

Side A is vacant. Side B - tenants rights.

Last Agent to Sell the Property

Kristy Lord

Brokers Hub Realty, LLC License #BR538588000 Listed on: 05/21/2020

Brokers Hub Realty, LLC

Last Buyer's Agent

Kristy Lord

Brokers Hub Realty License #BR538588000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $698

Year Built

  • Built in 1976

Lot Details

  • 7,754

Home Design

  • Composition Roof
  • Built-Up Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for trash collection, electricity, cable TV
  • The owner pays for water, sewer, landscaping
  • Tax Lot 1284
  • Assessor Parcel Number 141-63-043

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7766 SF
  • Dreamland Villa 11 Subdivision

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Shuffleboard Court
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Building Details

  • Operating Expense $5,278
  • Gross Income $14,112
  • Net Operating Income $9,532

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$698

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: University Dr & Recker Rd . . .
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1976
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: DREAMLAND VILLA 11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Slump Block
  • Roof: Composition, Built-Up
  • Construction:Slump Block: Yes

Garage/Parking

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

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Shuffle Brd/Lawn Bwl, Game/Rec Room, Exercise Room, Clubhouse, Spa(s), Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Clubhouse: Yes
  • Community Amenities:GameRec Room: Yes
  • Community Amenities:Shuffle BrdLawn Bwl: Yes

Fee Information

  • Trash Expense: 360.0
  • Annual Water Sewer Expense: 890.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 7766 SF
  • Additional Parcels: No
  • Parcel #: 141-63-043

Multi Family

  • Owner Pays: Other, Water, Sewer, Landscaping
  • Tenant Pays: Trash Collection, Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 14112.0
  • Insurance Expense: 750.0
  • Maintenance Expense: 105.0
  • Property Net Operating Income: 9532.0
  • Annual Operating Expense: 5278.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 698.0
  • Tax Book Number: 141.00
  • Tax Lot: 1284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
Lahood Dayne and Lahood Molly
Bought by
6019 E Cicero Llc
Current Estimated Value
$332,784

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 3, 2020
Sold by
Senita Robert K and Senita Janine M
Bought by
Lahood Dayne and Lahood Molly
Seller's Agent
Kristy Lord
Brokers Hub Realty, LLC
Buyer's Agent
Kristy Lord
Brokers Hub Realty, LLC
List Price
$244,900
Sold Price
$220,000
Premium/Discount to List
-$24,900
-10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$168,875
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2013
Sold by
Corley Deborah A
Bought by
Senita Robert K and Senita Janine Michelle

Purchase Details

Closed on
Sep 17, 2013
Sold by
Senita Robert L
Bought by
Senita Robert K and Corley Deborah A

Purchase Details

Closed on
Jan 17, 1996
Sold by
The Renello Family Ltd Partnership #1
Bought by
Senita Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.1%
Mortgage Type
New Conventional
Source: Public Records
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
6019 E Cicero Llc -- None Listed On Document
6019 E Cicero Llc -- None Listed On Document
Lahood Dayne $222,500 First American Title Ins Co
Senita Robert K -- None Available
Senita Robert K -- None Available
Senita Robert K $74,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lahood Dayne $168,875
Previous Owner Senita Robert K $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $220,000 -10.2% $166 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $244,900 -- $185 / 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 $765 $8,030 -- --
2024 $770 $7,648 -- --
2023 $770 $24,120 $4,820 $19,300
2022 $753 $18,010 $3,600 $14,410
2021 $751 $16,360 $3,270 $13,090
2020 $743 $15,180 $3,030 $12,150
2019 $698 $11,980 $2,390 $9,590
2018 $679 $11,660 $2,330 $9,330
2017 $661 $10,600 $2,120 $8,480
2016 $602 $9,150 $1,830 $7,320
2015 $601 $7,620 $1,520 $6,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6081415

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-63-043