$490,000
SOLD AUG 28, 2026
4 Beds
16 Baths
2,652 Sq Ft
1970 Built

Sale Details

Date Sold: August 28, 2026

$185 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Patio
  • Franklin at Brimhall Elementary School Rated A
  • Shuffleboard Court
  • Attached Carport

About This Home

As of August 2026

Investor opportunity in the desirable 55+ community of Dreamland Villas! This fourplex offers four 1-bedroom, 1-bathroom units, each featuring a private covered back patio and an assigned covered carport parking space. Two units are currently tenant occupied, providing immediate rental income, while two vacant units offer the flexibility to renovate and lease at current market rates or place your own tenants. The property has been occupied by long-term tenants and presents an excellent value-add opportunity for investors looking to make cosmetic updates and increase rental potential. Located in a well-established community with an optional HOA that provides access to amenities including a pool, pickleball, shuffleboard, and a variety of social activities.

Last Agent to Sell the Property

Marcy Murphy

Berkshire Hathaway HomeServices Arizona Properties License #SA548322000 Listed on: 07/24/2026

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Raymond Pelland

My Home Group Real Estate License #SA670548000

My Home Group Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,327

Year Built

  • Built in 1970

Home Design

  • Composition Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Parking Spaces
  • Attached Carport
  • Parking Available

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 1298
  • Assessor Parcel Number 141-63-057-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are Unknown
  • Age Requirement
  • Dreamland Villa 11 Subdivision

Recreation

  • Shuffleboard Court
  • Fitness Center
  • Heated Community Pool

Building Details

  • Operating Expense $1,597

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,327

Year Built

Built in 1970

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: N RECKER & E UNIVERSITY
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: DREAMLAND VILLA 11
  • Tax Parcel Letter: A
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Central Air
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: SRP
  • Special:Special: Age Restricted
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Total Bedrooms: 4
  • Interior Features:Interior Features: Unfurnished, Fire/Smoke Alarm(s)

Exterior Features

  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Block, Painted
  • Roof: Composition
  • Exterior Amenities: Patio/Balcony

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, Carport, Attached Carport
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: 1 Space/Unit, Carport, Attached Carport

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: Pool, Exercise Room, Shuffle Brd/Lawn Bwl

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: Unknown
  • Additional Parcels: No
  • Parcel #: 141-63-057-A

Multi Family

  • Owner Pays: See Remarks
  • Tenant Pays: None
  • Number Of Units Total: 4
  • Annual Operating Expense: 1597.0

Tax Info

  • Tax Annual Amount: 1327.0
  • Tax Book Number: 141.0
  • Tax Lot: 1298

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
Nov 12, 2025
Sold by
Hiatt Kent Rich
Bought by

Purchase Details

Closed on
Apr 24, 2018
Sold by
Hiatt Kent R and The Hiatt Living Trust
Bought by
Hiatt Kent R

Purchase Details

Closed on
Oct 1, 2008
Sold by
Hiatt Kent R and Hiatt Billie M
Bought by
Hiatt Kent R and Hiatt Billie M

Purchase Details

Closed on
Dec 8, 1999
Sold by
Kunselman Jean B
Bought by
Hiatt Kent R and Hiatt Billie M

Purchase Details

Closed on
Jan 20, 1996
Sold by
Coari John R and Coari Marjorie K
Bought by
Kunselman Jean B
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Type Sale Price Title Company
Deed Of Distribution -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Cash Sale Deed $159,000 Transnation Title Insurance
Warranty Deed $145,000 United Title Agency
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
08/28/2026 08/28/26 Sold $490,000 -3.9% $185 / Sq Ft
08/02/2026 08/02/26 Pending -- -- --
07/24/2026 07/24/26 For Sale $510,000 -- $192 / 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 $1,327 $13,935
2024 $1,337 $13,271
2023 $1,337 $44,110 $8,820 $35,290
2022 $1,306 $32,760 $6,550 $26,210
2021 $1,304 $29,080 $5,810 $23,270
2020 $1,290 $26,470 $5,290 $21,180
2019 $1,211 $20,560 $4,110 $16,450
2018 $1,177 $19,670 $3,930 $15,740
2017 $1,147 $18,500 $3,700 $14,800
2016 $1,117 $16,600 $3,320 $13,280
2015 $1,044 $14,020 $2,800 $11,220
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7058308

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-63-057A

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