NOT LISTED FOR SALE

Estimated Value: $770,000 - $831,000

Studio
-- Bath
3,220 Sq Ft
$249/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2024

Last sale price $788,800 $245 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,410 / mo

Highlights

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

About This Home

As of February 2024

CALLING ALL INVESTORS! Don't miss out on this amazing triplex. All 3 units are 1073 sqft and have 3 bedrooms with 2 baths and each unit has its own fenced block wall yard and laundry area with washer & dryer hookups. Downstairs has 1 bedroom and 1 bath with all tile floors, open kitchen and great room with vaulted ceilings. Upstairs are two bedrooms and 1 bath and new carpet. Exterior updates include new windows and sliders for all units. Roof and exterior paint done in 2019. Tenant pays all their own utilities and there's covered parking for each unit. Northeast Mesa location is close to everything and only minutes from the 202! Maintenance work including A/C and safety repairs are up to date! All Units are rented. Low vacancy, easy to rent and easy to manage. NO HOA! Great cap rate

Last Agent to Sell the Property

Michelle McQuade-Smith

NORTH&CO. License #SA657775000 Listed on: 01/17/2024

Co-Listed By

Michael D'Elena

NORTH&CO. License #SA644866000

Last Buyer's Agent

Maogian Zhou

Gold Trust Realty License #SA553407000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1986

Lot Details

  • 8,799

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters

Listing and Financial Details

  • The owner pays for landscaping
  • Tax Lot 16
  • Assessor Parcel Number 141-84-327

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8780 sq. ft.
  • Manor View Subdivision

Building Details

  • Operating Expense $10,872
  • Gross Income $56,400
  • Net Operating Income $47,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,937

Year Built

Built in 1986

Lot Details

8,799 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: 2023
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 1200.0
  • Co List Office Mls Id: nrtc08
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: MANOR VIEW
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Assigned, >1 Space Per Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, 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
  • 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: 8780 sq. ft.
  • Additional Parcels: No
  • Parcel #: 141-84-327

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 56400.0
  • Insurance Expense: 1827.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 47465.0
  • Annual Operating Expense: 10872.0

Tax Info

  • Tax Annual Amount: 1937.0
  • Tax Book Number: 141.00
  • Tax Lot: 16

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Feb 28, 2024
Sold by
Bought by
Seller's Agent
Michelle McQuade-Smith
NORTH&CO.
Buyer's Agent
Maogian Zhou
Gold Trust Realty
List Price
$788,888
Sold Price
$788,800
Premium/Discount to List
-$88
-0.01%
Views
13
Current Estimated Value
$800,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,843
Avg. Annual Appreciation
0.63%

Purchase Details

Closed on
Jul 28, 2023
Sold by
Bought by

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 25, 2020
Sold by
Bought by
Seller's Agent
Shelsi Guthrie
Real Broker
Buyer's Agent
Michelle McQuade-Smith
Real Broker
List Price
$649,000
Sold Price
$569,888
Premium/Discount to List
-$79,112
-12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$356,088
Interest Rate
0.034%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
0.044%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2019
Closed on
Jan 23, 2019
Sold by
Bought by
Seller's Agent
Frank Bennett Jr
Frank Bennett Realty
Buyer's Agent
Shelsi Guthrie
Real Broker
List Price
$365,000
Sold Price
$387,000
Premium/Discount to List
$22,000
6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
Oct 14, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2005
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$788,800 Navi Title Agency
-- None Listed On Document
$569,888 First American Title Ins Co
-- Fidelity Natl Title Co
$380,000 Old Republic Title Agency
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $356,088
Previous Owner $266,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2024 02/28/24 Sold $788,800 0.0% $245 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $788,888 +38.4% $245 / Sq Ft
03/23/2020 03/23/20 Sold $569,888 -4.2% $177 / Sq Ft View Prior Sale
03/21/2020 03/21/20 Price Changed $594,888 0.0% $185 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/15/2020 02/15/20 Price Changed $594,888 -4.8% $185 / Sq Ft
01/31/2020 01/31/20 Price Changed $624,999 -3.7% $194 / Sq Ft
01/13/2020 01/13/20 For Sale $649,000 0.0% $202 / Sq Ft
10/02/2019 10/02/19 Rented $1,295 0.0% --
10/02/2019 10/02/19 Under Contract -- -- --
08/30/2019 08/30/19 For Rent $1,295 0.0% --
01/30/2019 01/30/19 Sold $387,000 +3.2% $120 / Sq Ft View Prior Sale
01/11/2019 01/11/19 Pending -- -- --
01/09/2019 01/09/19 Price Changed $375,000 +2.7% $116 / Sq Ft
01/08/2019 01/08/19 For Sale $365,000 -- $113 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $54,320 $10,860 $43,460
2022 $1,897 $39,420 $7,880 $31,540
2021 $1,920 $35,360 $7,070 $28,290
2020 $1,895 $32,250 $6,450 $25,800
2019 $1,771 $28,550 $5,710 $22,840
2018 $1,700 $26,270 $5,250 $21,020
2017 $1,649 $17,700 $3,540 $14,160
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6657849

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-327

Your Personal Tour Guide

Ask me questions while you tour the home.