NOT LISTED FOR SALE

Estimated Value: $712,281 - $831,000

9 Beds
-- Bath
3,220 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $635,000 $197 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,229/month

34 Days on Market

Highlights

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

About This Home

As of June 2021

Very rare east valley triplex for sale. Each unit is a townhouse style two level 3bed/2bath with a decent sized private fenced backyard.
Individually metered with Individual laundry room. Two Covered parking spaces per unit. Tile roofs. Tile floor on the first level and in all bathrooms.
Fully occupied. Property is located near retail, 202 loop, 60 freeway and within walking distance to public transportation.

Last Agent to Sell the Property

Lance Dmytrow

The Housing Professionals License #BR544010000 Listed on: 04/17/2021

Co-Listed By

Lina George

The Housing Professionals License #SA676358000

Last Buyer's Agent

HuaFang Zhang

West USA Realty License #SA660937000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,895

Year Built

  • Built in 1986

Lot Details

  • 8,756

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 141-84-329

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8647

Building Details

  • Operating Expense $4,755
  • Gross Income $34,440
  • Net Operating Income $31,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,895

Year Built

Built in 1986

Lot Details

8,756 Sq Ft Lot

Listing Details

  • Cross Street: BROWN & BECKER
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2160.0
  • Co List Office Mls Id: phho001
  • Co List Office Phone: 480-818-5747
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Carport
  • 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 Features:Carport: Yes

Utilities

  • Electric: SRP
  • 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

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 8647
  • Additional Parcels: No
  • Parcel #: 141-84-329

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 3
  • Annual Gross Income: 34440.0
  • Property Net Operating Income: 31580.0
  • Annual Operating Expense: 4755.0

Tax Info

  • Tax Annual Amount: 1895.0
  • Tax Book Number: 141.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Jun 4, 2021
Sold by
Lin Qun and Lin Zihui
Bought by
Xie Yan Ying
Seller's Agent
Lance Dmytrow
The Housing Professionals
Buyer's Agent
HuaFang Zhang
West USA Realty
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Current Estimated Value
$789,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,820
Avg. Annual Appreciation
4.78%

Purchase Details

Closed on
Jul 15, 2011
Sold by
The Bank Of New York Mellon
Bought by
Lin Qun and Lin Zihui

Purchase Details

Closed on
Mar 3, 2011
Sold by
Kashiwabara Glen and Kashiwabara Pamela
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 10, 2006
Sold by
Elbert Steven L and Elbert Julia M
Bought by
Kashiwabara Glen and Kashiwabara Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
8.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 29, 2005
Sold by
Russo Mark R and Russo Karen M
Bought by
Elbert Steven L and Elbert Julia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Ellsworth Carrie A
Bought by
Russo Mark R and Russo Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
4.5%
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
Xie Yan Ying $635,000 Clear Title Agency Of Az
Lin Qun $160,000 None Available
The Bank Of New York Mellon $136,800 First American Title
Kashiwabara Glen $415,000 Guaranty Title Agency
Elbert Steven L $280,000 Guaranty Title Agency
Russo Mark R $247,000 Guaranty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kashiwabara Glen $332,000
Previous Owner Elbert Steven L $224,000
Previous Owner Russo Mark R $185,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2021 06/21/21 Sold $635,000 -2.3% $197 / Sq Ft
06/19/2021 06/19/21 Price Changed $650,000 0.0% $202 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $650,000 0.0% $202 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/26/2021 04/26/21 Price Changed $650,000 +8.7% $202 / Sq Ft
04/17/2021 04/17/21 For Sale $598,000 -- $186 / 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 $1,931 $19,575 -- --
2024 $1,937 $18,643 -- --
2023 $1,937 $54,310 $10,860 $43,450
2022 $1,897 $39,410 $7,880 $31,530
2021 $1,920 $35,350 $7,070 $28,280
2020 $1,895 $32,230 $6,440 $25,790
2019 $1,771 $28,530 $5,700 $22,830
2018 $1,700 $26,260 $5,250 $21,010
2017 $1,649 $17,680 $3,530 $14,150
2016 $1,618 $17,230 $3,440 $13,790
2015 $1,521 $16,430 $3,280 $13,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6223208

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-329

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