NOT LISTED FOR SALE

Estimated Value: $368,050 - $472,000

-- Bed
-- Bath
1,584 Sq Ft
$274/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $400,000 $253 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,365/month

18 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of December 2022

Move in ready duplex in the heart of Mesa! 2 units featuring full kitchens, washer & dryer hookups, storage, and more! Unit 1 is a 2 bedroom 1 bathroom, cool neutral colors, white cabinets, & updated flooring. Unit 2 is a 3 bedroom, 2 bathroom, tons of cabinet space, & large bedrooms. Nice maintenance free backyard, 2 car carport, & conveniently located close to the 202, short drive to Tempe, schools, and restaurants. Great Opportunity! You don't want to miss seeing this property today!

Last Agent to Sell the Property

Monique Walker

RE/MAX Excalibur License #SA544942000 Listed on: 11/04/2022

RE/MAX Excalibur

Last Buyer's Agent

Joshua Romo

DPR Realty LLC License #SA701761000

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $826

Year Built

  • Built in 1980

Lot Details

  • 6,665

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Siding

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • Carport

Schools

  • Lowell Elementary School
  • Kino Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 27
  • Assessor Parcel Number 139-26-010-Q

Community Details

Overview

  • 2 Units
  • Building Dimensions are 118.61 X 61.75
  • Lynwood Tract Lots 25 32 Subdivision

Building Details

  • Operating Expense $4,936
  • Gross Income $32,775
  • Net Operating Income $29,564

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$826

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr. & Broadway
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2022
  • Directions: East on Broadway to Pioneer, South to home
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: LYNWOOD TRACT LOTS 25-32
  • Tax Parcel Letter: Q
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Other, Disposal, Dishwasher, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Siding, Painted, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: <1 Space Per Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 960.0

Schools

  • Elementary School: Lowell Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 118.61 X 61.75
  • Additional Parcels: No
  • Parcel #: 139-26-010-Q

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Electric Expense: 3150.0
  • Annual Gross Income: 32775.0
  • Property Net Operating Income: 29564.0
  • Annual Operating Expense: 4936.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 826.0
  • Tax Book Number: 139.00
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 16, 2022
Sold by
Janet Lillian Stacel Living Trust
Bought by
Ventzosa Brooke Nolita
Seller's Agent
Monique Walker
RE/MAX Excalibur
Buyer's Agent
Joshua Romo
DPR Realty LLC
List Price
$400,000
Sold Price
$400,000
Views
9
Current Estimated Value
$434,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,513
Avg. Annual Appreciation
2.46%
Original Mortgage
$392,755
Outstanding Balance
$382,520
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$45,396

Purchase Details

Closed on
Aug 25, 2022
Sold by
Stacel Janet Lillian
Bought by
Stacel Janet Lillian and Janet Lillian Stacel Living Trust

Purchase Details

Closed on
Aug 22, 2022
Sold by
Bernice L Gunderson Living Trust
Bought by
Stacel Janet L

Purchase Details

Closed on
Aug 18, 1996
Sold by
Gundreson Bernice L
Bought by
Gundreson Bernice L and Bernice L Gundreson Living Trust
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Ventzosa Brooke Nolita $400,000 Fidelity National Title
Stacel Janet Lillian -- Final Title Support
Stacel Janet L -- New Title Company Name
Gundreson Bernice L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ventzosa Brooke Nolita $392,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $400,000 0.0% $253 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $400,000 -- $253 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $837 $8,523 -- --
2024 $843 $8,117 -- --
2023 $843 $28,610 $5,720 $22,890
2022 $826 $19,700 $3,940 $15,760
2021 $836 $16,020 $3,200 $12,820
2020 $825 $14,620 $2,920 $11,700
2019 $771 $11,920 $2,380 $9,540
2018 $740 $11,070 $2,210 $8,860
2017 $718 $9,450 $1,890 $7,560
2016 $705 $8,570 $1,710 $6,860
2015 $662 $7,470 $1,490 $5,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6485290

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-26-010Q