NOT LISTED FOR SALE

Estimated Value: $323,000 - $442,000

5 Beds
2 Baths
1,774 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2019

Last sale price $233,000 $131 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,164 / mo

84 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating System Uses Natural Gas

About This Home

As of May 2019

Great seasoned duplex rental in rapidly growing Mesa currently producing $1500 a month in rental income which is below market in the area Each unit has a private yard and plenty of parking. Don't miss this one as it is sure to go quickly. One unit is 3 bedroom 1 bath and the other is 2 bedrooms with 1 bath. Both units have been completely updated recently and have all tile both units have been maintained regularly. No showings until contract acceptance, but buyer will be furnished with a comprehensive set of interior photos.

Last Agent to Sell the Property

David Fisher

HomeSmart License #BR515477000 Listed on: 01/19/2019

HomeSmart

Last Buyer's Agent

Tee Smith

Genesis Realty License #BR517010000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $861

Year Built

  • Built in 1981

Lot Details

  • 7,144

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Common or Shared Parking

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV, landscaping
  • Legal Lot and Block 9 / 1
  • Assessor Parcel Number 135-57-041

Community Details

Overview

  • 2 Units
  • Building Dimensions are 65x110
  • West Bond Sub Subdivision

Building Details

  • Operating Expense $1,361
  • Gross Income $15,600
  • Net Operating Income $15,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$861

Year Built

Built in 1981

Lot Details

7,144 Sq Ft Lot

Listing Details

  • Cross Street: Main and Country Club
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Year Built: 1981
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Subdivision Name: WEST BOND SUB
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

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

Lot Info

  • Lot Size: 65x110
  • Additional Parcels: No
  • Parcel #: 135-57-041

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Insurance Expense: 500.0
  • Property Net Operating Income: 15100.0
  • Annual Operating Expense: 1361.0

Tax Info

  • Tax Annual Amount: 861.0
  • Tax Block: 1
  • Tax Book Number: 135.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2019
Closed on
May 2, 2019
Sold by
The British Invasion Llc
Bought by
Barbee Thomas and Thompson Shannon
Seller's Agent
David Fisher
HomeSmart
Buyer's Agent
Tee Smith
Genesis Realty
List Price
$244,900
Sold Price
$233,000
Premium/Discount to List
-$11,900
-4.86%
Current Estimated Value
$395,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,458
Avg. Annual Appreciation
7.87%
Original Mortgage
$221,350
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2013
Closed on
Aug 14, 2013
Sold by
Az Portfolio Builders Llc
Bought by
The British Invasion Llc
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Avril Hogan
ARC Real Estate
List Price
$110,000
Sold Price
$70,000
Premium/Discount to List
-$40,000
-36.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.13%
Original Mortgage
$155,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 23, 2013
Closed on
Jul 26, 2013
Sold by
The Syndicate Llc
Bought by
Az Portfolio Boulders Llc
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Avril Hogan
ARC Real Estate
List Price
$110,000
Sold Price
$70,000
Premium/Discount to List
-$40,000
-36.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 23, 2013
Closed on
Jul 25, 2013
Bought by
The Syndicate Llc
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Avril Hogan
ARC Real Estate
List Price
$110,000
Sold Price
$70,000
Premium/Discount to List
-$40,000
-36.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2013
Sold by
Colfin Ai Az 1 Llc
Bought by
Csfr Colfin American Investors Trs Llc

Purchase Details

Closed on
Sep 20, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Landsmith Of Phoenix Sfi Llc

Purchase Details

Closed on
Dec 3, 2010
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of The Department Of Housing &

Purchase Details

Closed on
Sep 1, 2010
Sold by
Mejia Norma C and Mejia Arturo
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 26, 2010
Sold by
Mejia Arturo and Mejia Jesus
Bought by
Martinez Michael and The Nestor Barton Nealpage Regina Page R

Purchase Details

Closed on
Mar 29, 2006
Sold by
Mejia Arturo and Mejia Jesus
Bought by
Mejia Arturo and Mejia Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 25, 2002
Sold by
Mejia Arturo and Mejia Jesus
Bought by
Mejia Arturo and Mejia Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,403
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2000
Sold by
Monson Mckay L and Monson Kameo
Bought by
Mejia Arturo and Mejia Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,881
Interest Rate
7.67%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 1997
Sold by
Standage Richard A and Standage Gayle
Bought by
Monson Mckay L and Monson Kameo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,899
Interest Rate
7.98%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
Barbee Thomas $232,000 Security Title Agency Inc
The British Invasion Llc $130,000 None Available
Az Portfolio Boulders Llc -- Accommodation
The Syndicate Llc $192,500 American Title Service Agenc
Csfr Colfin American Investors Trs Llc -- Accommodation
Landsmith Of Phoenix Sfi Llc -- Grand Canyon Title Agency
Secretary Of The Department Of Housing & -- First American Title Ins Co
Wells Fargo Bank Na $182,041 Accommodation
Martinez Michael -- None Available
Mejia Arturo -- Premier Title Group Maricopa
Mejia Arturo -- Lawyers Title Of Arizona Inc
Mejia Arturo $77,000 --
Monson Mckay L $59,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barbee Thomas $221,350
Previous Owner The Syndicate Llc $155,000
Previous Owner Mejia Arturo $136,800
Previous Owner Mejia Arturo $81,403
Previous Owner Mejia Arturo $76,881
Previous Owner Monson Mckay L $58,899
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2019 05/10/19 Sold $233,000 -4.9% $131 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/30/2019 03/30/19 For Sale $244,900 0.0% $138 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $244,900 +249.9% $138 / Sq Ft
07/29/2013 07/29/13 Sold $70,000 -26.2% $40 / Sq Ft View Prior Sale
07/17/2013 07/17/13 Pending -- -- --
05/18/2013 05/18/13 Price Changed $94,900 -5.0% $54 / Sq Ft
05/03/2013 05/03/13 Price Changed $99,900 -8.8% $57 / Sq Ft
03/30/2013 03/30/13 Price Changed $109,500 -0.5% $63 / Sq Ft
03/22/2013 03/22/13 For Sale $110,000 -- $63 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $978 $9,915 -- --
2024 $832 $9,443 -- --
2023 $832 $29,850 $5,970 $23,880
2022 $814 $23,600 $4,720 $18,880
2021 $836 $20,650 $4,130 $16,520
2020 $825 $19,900 $3,980 $15,920
2019 $765 $17,180 $3,430 $13,750
2018 $861 $13,150 $2,630 $10,520
2017 $835 $10,370 $2,070 $8,300
2016 $820 $10,310 $2,060 $8,250
2015 $770 $11,780 $2,350 $9,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5870507

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-57-041

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