NOT LISTED FOR SALE

6238 E Greenway Cir Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $644,930 - $953,000

2 Beds
-- Bath
3,306 Sq Ft
$233/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $375,000 $113 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,429/month

1 Day on Market

Highlights

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

About This Home

As of February 2018

Desirable single level multi family 4 plex in North East Mesa. This great property is close to schools, shopping and freeway access. This block built 2 bed 1 bath quad is fully occupied with stable tenants.Good cash flow and easy maintenance!

Last Agent to Sell the Property

John Gordon

Coldwell Banker Realty License #BR009377000 Listed on: 02/01/2018

Coldwell Banker Realty

Last Buyer's Agent

Jed Gray

HomeSmart License #SA630746000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,758

Year Built

  • Built in 1986

Lot Details

  • 9,975

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 10 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 6
  • Assessor Parcel Number 141-84-285

Community Details

Overview

  • 4 Units
  • Building Dimensions are 75x136
  • Golden West Unit 3 Lot 1 32 Subdivision

Building Details

  • Operating Expense $8,797
  • Gross Income $34,599
  • Net Operating Income $27,623

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,758

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Brown & Recker
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2017
  • Directions: East on Brown to 62nd St. North to Greenway, property is on the NE corner.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Professional Management Expense: 2900.0
  • Subdivision Name: GOLDEN WEST UNIT 3 LOT 1-32
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Assigned, <1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 3200.0

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: 75x136
  • Additional Parcels: No
  • Parcel #: 141-84-285

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 34599.0
  • Insurance Expense: 939.0
  • Property Net Operating Income: 27623.0
  • Annual Operating Expense: 8797.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1758.0
  • Tax Book Number: 141.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
V7 Holdings Llc
Bought by
Greenway Circle Llc
Current Estimated Value
$770,983

Purchase Details

Closed on
Aug 13, 2019
Sold by
V7 Investments Llc
Bought by
V7 Holdings Llc

Purchase Details

Listed on
Feb 1, 2018
Closed on
Feb 20, 2018
Sold by
Ellis Sean Keoni
Bought by
V7 Investments Llc
Seller's Agent
John Gordon
Coldwell Banker Realty
Buyer's Agent
Jed Gray
HomeSmart
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%

Purchase Details

Listed on
Mar 7, 2016
Closed on
Jul 13, 2016
Sold by
Ellis Sean Keoni K
Bought by
Ellis Sean Keoni and Ellis Kori I
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
John Gordon
Coldwell Banker Realty
List Price
$289,900
Sold Price
$299,900
Premium/Discount to List
$10,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%
Original Mortgage
$224,900
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2016
Closed on
May 18, 2016
Sold by
Draper John
Bought by
Ellis Sean Keoni K and Ellis Kori T
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
John Gordon
Coldwell Banker Realty
List Price
$289,900
Sold Price
$299,900
Premium/Discount to List
$10,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,900
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2014
Closed on
Aug 27, 2014
Sold by
Anderson Arthur
Bought by
Draper John and Draper Kelda
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Michael Smith
Barrett Real Estate
List Price
$261,000
Sold Price
$261,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$182,700
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2005
Sold by
Shen Shao Hua
Bought by
Anderson Arhur and Anderson Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Greenway Circle Llc -- --
V7 Holdings Llc -- None Available
V7 Investments Llc $375,000 Security Title Agency Inc
Ellis Sean Keoni -- None Available
Ellis Sean Keoni K $299,900 Stewart Title
Draper John -- Stewart Title
Draper John $261,000 Chicago Title Agency Inc
Anderson Arhur $352,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Sean Keoni K $224,900
Previous Owner Draper John $182,700
Previous Owner Anderson Arhur $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2018 02/27/18 Sold $375,000 0.0% $113 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $375,000 +25.0% $113 / Sq Ft
05/20/2016 05/20/16 Sold $299,900 +3.4% $91 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $289,900 +11.1% $88 / Sq Ft
09/15/2014 09/15/14 Sold $261,000 0.0% $79 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $261,000 -- $79 / 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 $2,049 $20,877 -- --
2024 $2,066 $19,883 -- --
2023 $2,066 $61,570 $12,310 $49,260
2022 $2,023 $44,230 $8,840 $35,390
2021 $2,048 $38,570 $7,710 $30,860
2020 $2,021 $34,280 $6,850 $27,430
2019 $1,889 $29,970 $5,990 $23,980
2018 $1,813 $27,460 $5,490 $21,970
2017 $1,758 $19,080 $3,810 $15,270
2016 $1,726 $17,620 $3,520 $14,100
2015 $1,622 $16,680 $3,330 $13,350
Source: Public Records

Agents Affiliated with this Home

  • John Gordon

    Seller's Agent in 2018

    John Gordon

    Coldwell Banker Realty

    (602) 319-8509

    3 in this area

    146 Total Sales

    John Gordon
    Section Image
  • Jed Gray

    Buyer's Agent in 2018

    Jed Gray

    HomeSmart

    (480) 703-5480

    1 in this area

    88 Total Sales

    Jed Gray
    Section Image
  • Michael Smith

    Seller's Agent in 2016

    Michael Smith

    Barrett Real Estate

    (480) 694-2564

    5 in this area

    184 Total Sales

    Michael Smith
    Section Image

  • K

    Seller Co-Listing Agent in 2016

    Kathleen Smith

    Barrett Real Estate

    (480) 967-1333

    3 in this area

    77 Total Sales

    Kathleen Smith
    Section Image
  • Brian Gaffney

    Seller's Agent in 2014

    Brian Gaffney

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    26 Total Sales

    Brian Gaffney
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5717189

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-285

Arizona Maricopa County Mesa 85205 Central Mesa East

6238 E Greenway Cir, Mesa, AZ

This home is located at 6238 E Greenway Cir, Mesa, AZ 85205 since 01 February 2018 and is currently estimated at $770,983, approximately $233 per square foot. This property was built in 1986. 6238 E Greenway Cir is a home located in Maricopa County with nearby schools including Mendoza Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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

Nearby Homes