NOT LISTED FOR SALE

6155 E Greenway St Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $811,011 - $1,196,000

Studio
-- Bath
4,312 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $458,200 $106 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $5,282/month

2 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of November 2017

Incredible investment opportunity at this price! Rare 3be/2ba townhomes featuring split floor plan. Each unit has private gate, courtyard and laundry room with full w/d hookups. Neutral carpet and wood laminate flooring throughout. Ceiling fans & window coverings included. Living room opens into eat-in kitchen, which includes refrigerator, range/oven, dishwasher, built-in microwave & pantry. This town-home style apartment is near freeway and bus lines, shopping and schools. 2 assigned covered parking spaces. This is a great passive investment for those who want to put their money into an incredible cash flowing property and can move quickly when a great opportunity like this comes along!

Last Agent to Sell the Property

Jill Anderson

Russ Lyon Sotheby's International Realty License #SA538355000 Listed on: 10/09/2017

Co-Listed By

Katie Atkison

Success Property Brokers License #SA558149000

Last Buyer's Agent

Marti Sauers

Watermark Arizona Properties License #BR636078000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,071

Year Built

  • Built in 1986

Lot Details

  • 10,106

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

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

Schools

  • Mendoza Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 35
  • Assessor Parcel Number 141-84-346

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR 10,104sf
  • Manor View Lot 1 38 Subdivision

Building Details

  • Operating Expense $7,971
  • Gross Income $40,812
  • Net Operating Income $34,989

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,071

Year Built

Built in 1986

Lot Details

10,106 Sq Ft Lot

Listing Details

  • Cross Street: Recker & Brown
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R3-Res Mult
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2016
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 2600.0
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Subdivision Name: MANOR VIEW LOT 1-38
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: 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:_greater_1 Space Per Unit: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Mendoza Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: IRR 10,104sf
  • Additional Parcels: No
  • Parcel #: 141-84-346

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 40812.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 34989.0
  • Annual Operating Expense: 7971.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2071.0
  • Tax Book Number: 141.00
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Nov 15, 2017
Sold by
Morin Sally
Bought by
Larson Kali
Seller's Agent
Jill Anderson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Marti Sauers
Watermark Arizona Properties
List Price
$450,000
Sold Price
$458,200
Premium/Discount to List
$8,200
1.82%
Current Estimated Value
$985,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,053
Avg. Annual Appreciation
9.74%
Original Mortgage
$343,500
Outstanding Balance
$287,837
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$697,416

Purchase Details

Listed on
Oct 9, 2017
Closed on
Nov 8, 2017
Sold by
Hofman Ralph
Bought by
Larson Kali
Seller's Agent
Jill Anderson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Marti Sauers
Watermark Arizona Properties
List Price
$450,000
Sold Price
$458,200
Premium/Discount to List
$8,200
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,500
Outstanding Balance
$287,837
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$697,416

Purchase Details

Closed on
Nov 3, 2011
Sold by
Schneider Joseph A
Bought by
Hofmann Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2006
Sold by
Schneider Joseph A
Bought by
Schneider Joseph A and Schneider Gayle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,200
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2003
Sold by
Rosetti David L
Bought by
Rosetti David L and Rosetti Linda J

Purchase Details

Closed on
Mar 10, 2003
Sold by
Millett Donald G
Bought by
Rosetti David L and Rosetti Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,750
Interest Rate
5.75%
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
Larson Kali -- Greystone Title Agency Llc
Larson Kali $458,200 Greystone Title Agency Llc
Hofmann Ralph $200,000 Security Title Agency
Schneider Joseph A -- None Available
Schneider Joseph A $585,000 Transnation Title Ins Co
Rosetti David L -- --
Rosetti David L $333,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Kali $343,500
Previous Owner Hofmann Ralph $140,000
Previous Owner Schneider Joseph A $461,200
Previous Owner Rosetti David L $249,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2017 11/20/17 Sold $458,200 +1.8% $106 / Sq Ft
11/17/2017 11/17/17 Price Changed $450,000 0.0% $104 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
10/10/2017 10/10/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $450,000 -- $104 / 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 $2,472 $25,052 -- --
2024 $2,479 $23,859 -- --
2023 $2,479 $73,610 $14,720 $58,890
2022 $2,428 $52,270 $10,450 $41,820
2021 $2,458 $45,420 $9,080 $36,340
2020 $2,426 $40,550 $8,110 $32,440
2019 $2,266 $34,860 $6,970 $27,890
2018 $2,175 $31,730 $6,340 $25,390
2017 $2,110 $22,080 $4,410 $17,670
2016 $2,071 $21,700 $4,340 $17,360
2015 $1,947 $21,460 $4,290 $17,170
Source: Public Records

Agents Affiliated with this Home

  • Jill Anderson

    Seller's Agent in 2017

    Jill Anderson

    Russ Lyon Sotheby's International Realty

    131 Total Sales

    Jill Anderson
    Section Image
  • Katie Atkison

    Seller Co-Listing Agent in 2017

    Katie Atkison

    Success Property Brokers

    (602) 769-1910

    34 Total Sales

    Katie Atkison
    Section Image
  • Marti Sauers

    Buyer's Agent in 2017

    Marti Sauers

    Watermark Arizona Properties

    (602) 740-3820

    3 in this area

    32 Total Sales

    Marti Sauers
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5671558

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-346

Arizona Maricopa County Mesa 85205 Central Mesa East

6155 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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