NOT LISTED FOR SALE

619 E Marilyn Ave Mesa, AZ 85204

Temple Neighborhood

Estimated Value: $636,754 - $911,000

-- Bed
-- Bath
3,574 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $389,000 $109 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,925/month

4 Days on Market

Highlights

  • Central Air
  • Vinyl Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of August 2018

Beautifully remodeled 4-plex close to downtown Mesa, the art center, shopping, restaurants, and the US60 freeway. All large 2 bedroom units... some with private backyards. All units have washers and dryers. Covered and uncovered parking available. Sewer line replaced recently. New A/C unit. Best turnkey 8 Cap you will find. Buyer must verify all facts and details pertaining to property.

Last Agent to Sell the Property

Swapnadeep Nath

Renvy Property Management License #BR657689000 Listed on: 06/29/2018

Co-Listed By

Thomas Myers Jr

Midland Real Estate Alliance License #BR649777000

Last Buyer's Agent

Michael Hawkins

HomeSmart License #BR662696000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,388

Year Built

  • Built in 1963

Lot Details

  • 0.27

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 18
  • Assessor Parcel Number 139-26-055-F

Community Details

Overview

  • 4 Units
  • Building Dimensions are 0.272 acres / 11,840 sqft

Building Details

  • Operating Expense $6,922
  • Gross Income $40,185
  • Net Operating Income $33,263

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,388

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Broadway Rd and Mesa Dr
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2400.0
  • Co List Office Mls Id: scsl01
  • Co List Office Phone: 480-325-1411
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 0.272 acres / 11,840 sqft
  • Additional Parcels: No
  • Parcel #: 139-26-055-F

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 40185.0
  • Insurance Expense: 1334.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 33263.0
  • Annual Operating Expense: 6922.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1388.0
  • Tax Book Number: 139.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 24, 2018
Sold by
Lentine Frank W and Lentine Kimberty L
Bought by
Jbrr Properties Llc
Seller's Agent
Swapnadeep Nath
Renvy Property Management
Buyer's Agent
Michael Hawkins
HomeSmart
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$725,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,439
Avg. Annual Appreciation
8.82%
Original Mortgage
$283,500
Outstanding Balance
$246,208
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$479,231

Purchase Details

Closed on
May 22, 2018
Sold by
Jcf Group Llc
Bought by
Falkner John Clinton

Purchase Details

Closed on
Aug 22, 2017
Sold by
Armstrong Henry Arthur and Armstrong Linda Louise
Bought by
Jcf Group Llc

Purchase Details

Closed on
Apr 14, 2009
Sold by
Armstrong Henry Arthur and Armstrong Linda Louise
Bought by
Armstrong Henry Arthur and Armstrong Linda Louise

Purchase Details

Closed on
May 29, 1998
Sold by
Armstrong Henry Arthur and Armstrong Linda Louise
Bought by
Armstrong Henry Arthur and Armstrong Lina Louise

Purchase Details

Closed on
Feb 3, 1996
Sold by
Armstrong Three Inc
Bought by
Armstrong Henry A and Armstrong Linda L

Purchase Details

Closed on
Feb 2, 1996
Sold by
Armstrong Henry A and Armstrong Linda L
Bought by
Armstrong Three Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jbrr Properties Llc -- None Available
Lentine Frank W $389,000 Clear Title Agency Of Arizon
Falkner John Clinton -- None Available
Jcf Group Llc $235,000 Empire West Title Agency Llc
Armstrong Henry Arthur -- None Available
Armstrong Henry Arthur -- --
Armstrong Henry A -- --
Armstrong Three Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lentine Frank W $283,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2018 08/28/18 Sold $389,000 0.0% $109 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $389,000 -- $109 / 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 $1,625 $16,473 -- --
2024 $1,630 $15,689 -- --
2023 $1,630 $57,100 $11,420 $45,680
2022 $1,596 $38,810 $7,760 $31,050
2021 $1,616 $30,850 $6,170 $24,680
2020 $1,595 $27,400 $5,480 $21,920
2019 $1,490 $22,130 $4,420 $17,710
2018 $1,430 $18,180 $3,630 $14,550
2017 $1,388 $17,810 $3,560 $14,250
2016 $1,362 $16,620 $3,320 $13,300
2015 $1,280 $15,080 $3,010 $12,070
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Swapnadeep Nath

    Renvy Property Management

    (602) 448-9110

    7 Total Sales

    Swapnadeep Nath
    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Thomas Myers Jr

    Midland Real Estate Alliance

    (480) 516-6303

    1 Total Sale

    Thomas Myers Jr
    Section Image
  • Michael Hawkins

    Buyer's Agent in 2018

    Michael Hawkins

    HomeSmart

    (602) 430-7512

    17 Total Sales

    Michael Hawkins
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5787516

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-26-055F

Arizona Maricopa County Mesa 85204 Temple

619 E Marilyn Ave, 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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