NOT LISTED FOR SALE

Estimated Value: $377,052 - $486,000

Studio
-- Bath
840 Sq Ft
$491/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2020

Last sale price $340,000 $405 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,261 / mo

5 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of December 2020

Welcome to El May Villa duplex! These 2 bedroom/ 1 bath units sit along Mesa Dr, where the City of Mesa is working on a beautification project to put all the power lines underground, adding trees and plants to the street, creating much curb appeal to your new property! One unit has had a complete recent remodel and has a brand new tenant with a year lease at $1200/mo (see document tab for complete list of improvements, including new heat pump & hot water heater). Other unit is value add in rent and cosmetic condition with lease going m2m in Feb. Both units have W/D hook ups and small, fenced back yards for tenants. Units are unique with bedrooms both down stairs/basement. Located in an active area with shopping, restaurants, schools and activities, this duplex doesn't stay empty! Interior inspection only after accepted contract. Drive by only. Do not disturb tenants! All facts and figures are approximate, buyer and/or buyers agent to verify.

Last Agent to Sell the Property

Carla Magee

My Home Group Real Estate License #SA685362000 Listed on: 11/18/2020

My Home Group Real Estate

Last Buyer's Agent

Josh Strong

Nhimble Homes License #SA687584000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $484

Year Built

  • Built in 1981

Lot Details

  • 4,225

Home Design

  • Composition Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Redbird Elementary School
  • Powell Junior High School
  • Dobson High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 25
  • Assessor Parcel Number 139-35-164-f

Community Details

Overview

  • 2 Units
  • Building Dimensions are 4462
  • El May Villa Amd Subdivision

Building Details

  • Operating Expense $7,204
  • Gross Income $27,360
  • Net Operating Income $20,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$484

Year Built

Built in 1981

Lot Details

4,225 Sq Ft Lot

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: 1981
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2000.0
  • Subdivision Name: El May Villa AMD
  • Tax Parcel Letter: f
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Stone, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features Street Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Electric, Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Trash Expense: 420.0
  • Annual Water Sewer Expense: 1600.0

Schools

  • Elementary School: Redbird Elementary School
  • High School: Dobson High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Powell Junior High School

Lot Info

  • Lot Size: 4462
  • Additional Parcels: No
  • Parcel #: 139-35-164-f

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 27360.0
  • Insurance Expense: 700.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 20156.0
  • Annual Operating Expense: 7204.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 484.0
  • Tax Book Number: 139.00
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2025
Sold by
Rs Sfr Holdco Owner Lp
Bought by
Castro-Salud Christopher Kevin
Current Estimated Value
$412,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Outstanding Balance
$363,907
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$48,356

Purchase Details

Closed on
Jul 25, 2022
Sold by
Rs Phoenix Owner 4 Lp
Bought by
Rs Sfr Holdco Owner Lp

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 11, 2020
Sold by
Rupnick Candace and Knudtson Brandon
Bought by
Rs Phoenix Owner 4 Lp
Seller's Agent
Carla Magee
My Home Group Real Estate
Buyer's Agent
Josh Strong
Nhimble Homes
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
May 6, 2020
Sold by
Rupnick Candace
Bought by
Rupnick Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2018
Closed on
Aug 30, 2018
Sold by
Andrew Lane and Andrew Jocelyn G
Bought by
Rupnick Candace and Knutson Brandon
Seller's Agent
Heather Cates
Realty ONE Group
Buyer's Agent
Katie Baccus
Compass
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$9,025
Interest Rate
4.6%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Listed on
Sep 3, 2014
Closed on
Jul 8, 2015
Sold by
Montante Walter
Bought by
Andrew Lane and Andrew Jocelyn G
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
Tamera Brethower
Knock Homes LLC
List Price
$129,900
Sold Price
$107,500
Premium/Discount to List
-$22,400
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.31%
Original Mortgage
$77,250
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2008
Sold by
Homesales Inc
Bought by
Montante Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Barrios East Llc
Bought by
Ramos Efran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2004
Sold by
Lopez Luz Ayde
Bought by
Ramos Efren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Castro-Salud Christopher Kevin $385,000 Stewart Title
Rs Sfr Holdco Owner Lp -- Os National
Rs Phoenix Owner 4 Lp $340,000 Fidelity National Title
Rupnick Candace -- Servicelink
Rupnick Candace $190,000 Security Title Agency Inc
Andrew Lane $107,500 First American Title Ins Co
Montante Walter $75,000 First Arizona Title Agency
Ramos Efran $135,000 Dhi Title Of Arizona Inc
Ramos Efren -- Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro-Salud Christopher Kevin $365,750
Previous Owner Rupnick Candace $187,250
Previous Owner Rupnick Candace $9,025
Previous Owner Andrew Lane $77,250
Previous Owner Montante Walter $56,250
Previous Owner Ramos Efran $130,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $340,000 -2.9% $405 / Sq Ft
11/18/2020 11/18/20 For Sale $350,000 +84.2% $417 / Sq Ft
09/19/2018 09/19/18 Sold $190,000 -11.6% $226 / Sq Ft View Prior Sale
08/16/2018 08/16/18 Pending -- -- --
07/19/2018 07/19/18 Price Changed $215,000 -4.4% $256 / Sq Ft
06/16/2018 06/16/18 For Sale $225,000 +109.3% $268 / Sq Ft
08/21/2015 08/21/15 Sold $107,500 -17.2% $128 / Sq Ft View Prior Sale
07/08/2015 07/08/15 Pending -- -- --
09/02/2014 09/02/14 For Sale $129,900 -- $155 / 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 $493 $4,994 -- --
2024 $494 $4,756 -- --
2023 $494 $18,530 $3,700 $14,830
2022 $484 $13,170 $2,630 $10,540
2021 $490 $10,960 $2,190 $8,770
2020 $484 $9,910 $1,982 $7,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6162070

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-35-164F

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