NOT LISTED FOR SALE

Estimated Value: $753,328 - $950,000

Studio
-- Bath
3,220 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $760,000 $236 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,497/month

Highlights

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

About This Home

As of April 2024

Only one sale in this neighborhood since Nov 2022. Triplex with all THREE-bedroom, TWO-bath units and each unit has a private yard. No sign. Do not disturb Tenants. All units are rented.

Last Agent to Sell the Property

Marti Sauers

Watermark Arizona Properties License #BR636078000 Listed on: 03/31/2024

Last Buyer's Agent

Pernell McGuire

HomeSmart License #SA665457000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,936

Year Built

  • Built in 1986

Lot Details

  • 8,581

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Paved Parking
  • On-Street Parking
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV, landscaping
  • Tax Lot 15
  • Assessor Parcel Number 141-84-326

Community Details

Overview

  • 3 Units
  • Building Dimensions are 66, 133, 64, 133
  • Manor View Subdivision

Building Details

  • Operating Expense $11,886
  • Gross Income $57,000
  • Net Operating Income $50,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,936

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Power and Brown
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2023
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 5500.0
  • Subdivision Name: MANOR VIEW
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet, Ceramic Tile
  • 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:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Paved Parking, Free, Assigned, >1 Space Per Unit, Street Parking, Common
  • 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:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: 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

  • Interior Amenities:FireSmoke Alarm(s): 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: 66, 133, 64, 133
  • Additional Parcels: No
  • Parcel #: 141-84-326

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 57000.0
  • Insurance Expense: 1700.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 50050.0
  • Annual Operating Expense: 11886.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1936.0
  • Tax Book Number: 141.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2024
Closed on
Apr 30, 2024
Sold by
Larson Kali M
Bought by
Mcguire Pernell
Seller's Agent
Marti Sauers
Watermark Arizona Properties
Buyer's Agent
Pernell McGuire
HomeSmart
List Price
$785,000
Sold Price
$760,000
Premium/Discount to List
-$25,000
-3.18%
Views
10
Current Estimated Value
$835,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,082
Avg. Annual Appreciation
5.47%

Purchase Details

Listed on
Nov 14, 2016
Closed on
Dec 28, 2016
Sold by
Morin Sally and Larson Kali
Bought by
Larson Kali
Seller's Agent
Mark Carvalho
Carvalho Real Estate
Buyer's Agent
Marti Sauers
Watermark Arizona Properties
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%
Original Mortgage
$213,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2016
Closed on
Dec 19, 2016
Sold by
Swank Mark and Swank Cheri R
Bought by
Larson Kali M
Seller's Agent
Mark Carvalho
Carvalho Real Estate
Buyer's Agent
Marti Sauers
Watermark Arizona Properties
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2004
Sold by
Swank Mark and Swank Cheri R
Bought by
Swank Mark and Swank Cheri R

Purchase Details

Closed on
Dec 17, 2003
Sold by
Reider Robert V
Bought by
Swank Mark and Swank Cheri R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 1995
Sold by
Ronning Craig T and Ronning Teri L
Bought by
Reider Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,100
Interest Rate
9.27%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
Mcguire Pernell $760,000 Pioneer Title Agency
Larson Kali -- Greystone Title Agency Llc
Larson Kali M $285,000 Greystone Title Agency Llc
Swank Mark -- --
Swank Mark $249,000 Fidelity National Title
Reider Robert $117,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson Kali $213,750
Previous Owner Swank Mark $174,000
Previous Owner Reider Robert $88,100
Closed Swank Mark $25,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $760,000 -3.2% $236 / Sq Ft
04/03/2024 04/03/24 For Sale $785,000 0.0% $244 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $785,000 +175.4% $244 / Sq Ft
12/29/2016 12/29/16 Sold $285,000 -12.3% $89 / Sq Ft View Prior Sale
11/28/2016 11/28/16 Pending -- -- --
11/14/2016 11/14/16 For Sale $325,000 -- $101 / 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 $1,930 $19,566 -- --
2024 $1,936 $18,635 -- --
2023 $1,936 $54,200 $10,840 $43,360
2022 $1,896 $39,320 $7,860 $31,460
2021 $1,919 $35,250 $7,050 $28,200
2020 $1,894 $32,150 $6,430 $25,720
2019 $1,770 $28,480 $5,690 $22,790
2018 $1,699 $26,220 $5,240 $20,980
2017 $1,648 $17,660 $3,530 $14,130
2016 $1,618 $16,220 $3,240 $12,980
2015 $1,520 $14,370 $2,870 $11,500
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: 6684778

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-326

Your Personal Tour Guide

Ask me questions while you tour the home.