NOT LISTED FOR SALE

6131 E Greenway St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $803,614 - $1,206,000

Studio
-- Bath
4,312 Sq Ft
$229/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $399,900 $93 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $5,285/month

22 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2015

Desirable 3 bedroom/2 bath FourPlex in a prime northeast Mesa area! Available for sale individually or as a package with 6140 E. Greenway (MLS 5317722). Both buildings have same footprint per seller. No interior access until accepted offer, but there will be a vacant unit for interior access at 6140 E. Greenway soon. Units are approximately 1078 sq feet. Tenants pay 100% of utility bill expenses per seller. Rents are below market at under $.70/sf. Seller has not increased rent in years and self-manages from out-of-state. Buyer understands expenses are in part estimated, and may not be exact. Buyer to rely on own due diligence efforts. Contact Cass Stephens with any questions.

Last Agent to Sell the Property

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 07/30/2015

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Chris Dunham

Brokers Hub Realty, LLC License #SA514778000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,089

Year Built

  • Built in 1986

Lot Details

  • 10,324

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Paved Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, water, sewer, cable TV
  • Tax Lot 37
  • Assessor Parcel Number 141-84-334

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10337 square feet/.24 acres

Building Details

  • Operating Expense $9,699
  • Gross Income $33,858
  • Net Operating Income $26,258

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,089

Year Built

Built in 1986

Lot Details

10,324 Sq Ft Lot

Listing Details

  • Cross Street: Recker and Brown
  • Property Type: Multiple Dwellings
  • Zoning: RM3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2014
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 2410.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • 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: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Paved Parking, Free, Assigned, >1 Space Per Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 10337 square feet/.24 acres
  • Additional Parcels: No
  • Parcel #: 141-84-334

Multi Family

  • Owner Pays: None
  • Tenant Pays: Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 33858.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 26258.0
  • Annual Operating Expense: 9699.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2089.0
  • Tax Book Number: 141.00
  • Tax Lot: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2017
Sold by
Mahelka Danny
Bought by
Mahelka Danny and Trinidad Therese Lee
Current Estimated Value
$985,904

Purchase Details

Listed on
Jul 30, 2015
Closed on
Oct 12, 2015
Sold by
Trinidad Therese Lee
Bought by
Trinidad Theresa Lee and Mahelka Danny
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Chris Dunham
Brokers Hub Realty, LLC
List Price
$399,900
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$279,930
Outstanding Balance
$220,171
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$765,733

Purchase Details

Closed on
Nov 3, 2003
Sold by
Schilling Dennis R
Bought by
Macalalad Ben and Macalalad Perla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,900
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2002
Sold by
Schilling Dennis R
Bought by
Schilling Dennis R and Schilling Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.74%

Purchase Details

Closed on
Jun 14, 2002
Sold by
Schilling Dennis R
Bought by
Schilling Dennis R and Schilling Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.74%

Purchase Details

Closed on
May 14, 2001
Sold by
Schilling Dennis R
Bought by
Schilling Dennis R and Schilling Lori A

Purchase Details

Closed on
Apr 2, 1998
Sold by
Millett Daniel G
Bought by
Schilling Dennis R and Schilling Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.15%
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

Date Buyer Sale Price Title Company
Mahelka Danny -- None Available
Trinidad Theresa Lee -- Great Amer Title Agency Inc
Mahelka Danny $399,900 Great Amer Title Agency Inc
Macalalad Ben $354,900 Equity Title Agency Inc
Schilling Dennis R -- --
Schilling Dennis R -- Century Title Agency Inc
Schilling Dennis R -- --
Schilling Dennis R $250,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahelka Danny $279,930
Previous Owner Macalalad Ben $283,900
Previous Owner Schilling Dennis R $227,500
Previous Owner Schilling Dennis R $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $399,900 0.0% $93 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $399,900 -- $93 / 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 $2,477 $25,108 -- --
2024 $2,485 $23,912 -- --
2023 $2,485 $73,800 $14,760 $59,040
2022 $2,433 $52,400 $10,480 $41,920
2021 $2,463 $45,560 $9,110 $36,450
2020 $2,431 $40,670 $8,130 $32,540
2019 $2,271 $34,930 $6,980 $27,950
2018 $2,180 $31,800 $6,360 $25,440
2017 $2,115 $22,120 $4,420 $17,700
2016 $2,076 $21,760 $4,350 $17,410
2015 $1,951 $21,510 $4,300 $17,210
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    James Stephens

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 672-3526

    52 Total Sales

    James Stephens
    Section Image
  • Chris Dunham

    Buyer's Agent in 2015

    Chris Dunham

    Brokers Hub Realty, LLC

    (602) 321-6188

    1 in this area

    92 Total Sales

    Chris Dunham
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5317731

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-349

Arizona Maricopa County Mesa 85205 Central Mesa East

6131 E Greenway St, Mesa, AZ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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