NOT LISTED FOR SALE

Estimated Value: $321,150

2 Beds
-- Bath
1,325 Sq Ft
$242/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2020

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

Est. 46% increase in value since last sale

Current estimated payment $1,795 / mo

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

7,754 Sq Ft Lot

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

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

Closed on
Jan 10, 2025
Sold by
Bought by
Current Estimated Value
$321,150

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 3, 2020
Sold by
Bought by
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
6.59%
Original Mortgage
$168,875
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 17, 1996
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
$54,000
Interest Rate
7.1%
Mortgage Type
New Conventional
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
-- None Listed On Document
-- None Listed On Document
$222,500 First American Title Ins Co
-- None Available
-- None Available
$74,000 United 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
Previous Owner $168,875
Previous Owner $54,000
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
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

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 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6081415

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-63-043

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