NOT LISTED FOR SALE

Estimated Value: $477,000 - $548,000

Studio
-- Bath
2,080 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: October 17, 2019

Last sale price $495,000 $238 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,914 / mo

1 Day on Market

Highlights

  • Central Air
  • Partially Fenced Property
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2019

This renovated asset features a single level, brick building with an oversized lot for plenty of parking space plus washer/dryer in every unit. This building was completely renovated in 2019 & finished with premium finishes throughout. Renovation for ALL units include all NEW: plumbing from the street & interior of the building, roof, electrical panels, hot water tanks, energy efficient dual pane windows, front doors plus security doors, stainless steel appliances, white shaker cabinets, quartz countertops, wood-look floors, bathtubs, ceiling fans, lighting interior/exterior, plumbing fixtures & more! Great central Mesa location close to the Mesa Light Rail. Property sits on a large lot w/ plenty of space for parking. Turn key investment w/property management in place.

Last Agent to Sell the Property

Joshua Roubal

My Home Group Real Estate License #SA555438000 Listed on: 09/12/2019

Co-Listed By

Steven Rundle

Dwellings Realty Group License #BR536790000

Last Buyer's Agent

Alex Durham

Built By Referral Rlty Grp 02 License #BR664325000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $753

Year Built

  • Built in 1961

Lot Details

  • Partially Fenced Property

Home Design

  • Block Exterior

Parking

  • 4 Parking Spaces
  • Carport
  • Additional Parking

Schools

  • Holmes Elementary School
  • Westwood High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water, sewer, trash collection, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 139-26-117

Community Details

Overview

  • 4 Units
  • Building Dimensions are 134.88 x 62.70

Building Details

  • Operating Expense $10,360
  • Gross Income $42,960
  • Net Operating Income $32,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$753

Year Built

Built in 1961

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: E Broadway Rd and S Horne
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3007.0
  • Co List Office Mls Id: dllg01
  • Co List Office Phone: 480-629-8136
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Central Air, Electric
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: City Electric, Individual Meter
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Refrigerator, Microwave, Washer/Dryer
  • Interior Features:Interior Features: Unfurnished

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Painted
  • Roof: Other, Rolled/Hot Mop
  • Exterior Amenities: Partially Fenced, Cable TV Available

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport, >1 Space Per Unit
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: Carport, >1 Space Per Unit, Add'l Parking Avail

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Central Air, Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: City Gas

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 4200.0

Schools

  • Elementary School: Holmes Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 134.88 x 62.70
  • Additional Parcels: No
  • Parcel #: 139-26-117

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 42960.0
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 32600.0
  • Annual Operating Expense: 10360.0

Tax Info

  • Tax Annual Amount: 753.0
  • Tax Book Number: 139.0
  • Tax Lot: 2

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
Sep 12, 2019
Closed on
Oct 15, 2019
Sold by
Bought by
Seller's Agent
Joshua Roubal
My Home Group Real Estate
Buyer's Agent
Alex Durham
Built By Referral Rlty Grp 02
List Price
$499,900
Sold Price
$495,000
Premium/Discount to List
-$4,900
-0.98%
Current Estimated Value
$523,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,333
Avg. Annual Appreciation
0.83%
Original Mortgage
$367,500
Interest Rate
0.034%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2019
Closed on
Jan 23, 2019
Sold by
Bought by
Seller's Agent
Edith Gilbertsen
West USA Realty
Buyer's Agent
Joshua Roubal
My Home Group Real Estate
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.72%
Original Mortgage
$213,000
Interest Rate
0.046%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 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
$199,200
Interest Rate
0.0637%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2004
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
$168,000
Interest Rate
0.0662%
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
$495,000 Chicago Title Agency
$250,000 Chicago Title Agency
$70,000 Security Title Agency
$210,799 None Available
$249,000 --
$210,000 Capital Title Agency Inc
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 $365,000
Closed $367,500
Previous Owner $213,000
Previous Owner $199,200
Previous Owner $168,000
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 Prior Sale
10/17/2019 10/17/19 Sold $495,000 -1.0% $238 / Sq Ft
09/12/2019 09/12/19 For Sale $499,900 +100.0% $240 / Sq Ft
01/31/2019 01/31/19 Sold $250,000 0.0% $120 / Sq Ft View Prior Sale
01/10/2019 01/10/19 For Sale $250,000 -- $120 / 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 $856 $8,673
2024 $858 $8,260
2023 $858 $34,820 $5,970 $28,850
2022 $841 $23,930 $4,100 $19,830
2021 $851 $18,900 $3,240 $15,660
2020 $840 $16,650 $2,850 $13,800
2019 $785 $13,480 $2,310 $11,170
2018 $753 $11,140 $1,910 $9,230
2017 $731 $10,810 $1,850 $8,960
2016 $717 $9,890 $1,690 $8,200
2015 $674 $8,400 $1,440 $6,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5977481

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-26-117

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