NOT LISTED FOR SALE

Estimated Value: $776,590 - $1,205,000

-- Bed
-- Bath
4,312 Sq Ft
$220/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $505,000 $117 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,461/month

6 Days on Market

Highlights

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

About This Home

As of September 2019

Incredible investment opportunity in Alta Mesa area! Easy to manage, no HOA. Rare 3 Bed/ 2 Bath Townhomes. Each unit has a private gate, courtyard, and laundry room with full washer/dryer hookups. Newer neutral carpet, paint and plank tile. Updated kitchen and bathrooms. Open floorplans, Living room opens into eat in kitchens. A great opportunity like this does not come around to often! 4 units for the price of 1 structure!

Last Agent to Sell the Property

Aaron Saenz

Tierra Bella Realty License #SA557564000 Listed on: 08/13/2019

Co-Listed By

Bonnie J Morgan

Tierra Bella Realty License #BR103982000

Last Buyer's Agent

Shane Anderson

Affinity Home Assets LLC License #SA648790000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1986

Lot Details

  • 10,280

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

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

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 26
  • Assessor Parcel Number 141-84-337

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Manor View Lot 1 38 Subdivision

Building Details

  • Operating Expense $2,310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,310

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Brown and Recker
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2019
  • Directions: East on Brown to 62nd, North to Greenway
  • Road Surface Type: Gravel, Dirt
  • Co List Office Mls Id: tibe001
  • Co List Office Phone: 480-276-4130
  • Subdivision Name: MANOR VIEW LOT 1-38
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: 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: 4.0
  • Parking Features: Assigned, 1 Space/Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: 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
  • Additional Parcels: No
  • Parcel #: 141-84-337

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 2310.0

Tax Info

  • Tax Annual Amount: 2310.0
  • Tax Book Number: 141.00
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2019
Sold by
Johnson Jennifer E and Johnson Seth
Bought by
Johnson Seth
Current Estimated Value
$949,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$366,324
Interest Rate
3.75%
Estimated Equity
$517,985

Purchase Details

Listed on
Aug 13, 2019
Closed on
Aug 26, 2019
Sold by
Sfr 2012 1 Us West Llc
Bought by
Sjj Realty Holdings Llc
Seller's Agent
Aaron Saenz
Tierra Bella Realty
Buyer's Agent
Shane Anderson
Affinity Home Assets LLC
List Price
$425,000
Sold Price
$505,000
Premium/Discount to List
$80,000
18.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$500,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Sfr 2012-1 U S West Llc

Purchase Details

Closed on
Jun 21, 2010
Sold by
Williams Thomas E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 23, 2005
Sold by
Desert Night Properties Llc
Bought by
Williams Thomas E and Williams Linda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
Hutchison Richard L
Bought by
Desert Night Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2003
Sold by
Millett Donald G
Bought by
Hutchison Richard L and Hutchison Ione M

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

Range of Values:

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Average Value
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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
Johnson Seth -- Security Title Agency
Johnson Seth -- Security Title Agency
Sjj Realty Holdings Llc $505,000 Fidelity Natl Ttl Agcy Inc
Sfr 2012-1 U S West Llc $151,000 Lawyers Title
Federal National Mortgage Association $355,748 First American Title
Williams Thomas E $450,000 --
Desert Night Properties Llc $442,000 --
Hutchison Richard L $333,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Seth $410,000
Closed Johnson Seth $410,000
Previous Owner Sjj Realty Holdings Llc $500,000
Previous Owner Williams Thomas E $360,000
Previous Owner Desert Night Properties Llc $309,000
Previous Owner Hutchison Richard L $249,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $505,000 +18.8% $117 / Sq Ft
08/13/2019 08/13/19 For Sale $425,000 -- $99 / 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 $2,611 $26,604 -- --
2024 $2,633 $25,338 -- --
2023 $2,633 $75,610 $15,120 $60,490
2022 $2,578 $53,680 $10,730 $42,950
2021 $2,610 $46,670 $9,330 $37,340
2020 $2,576 $41,660 $8,330 $33,330
2019 $2,407 $36,560 $7,310 $29,250
2018 $2,310 $33,710 $6,740 $26,970
2017 $2,241 $23,460 $4,690 $18,770
2016 $2,199 $23,080 $4,610 $18,470
2015 $2,067 $22,480 $4,490 $17,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5965742

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-337