NOT LISTED FOR SALE

624 E Marilyn Ave Mesa, AZ 85204

Temple Neighborhood

Estimated Value: $600,000 - $925,000

-- Bed
-- Bath
3,360 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 23, 2018

Last sale price $330,000 $98 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,090/month

2 Days on Market

Highlights

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

About This Home

As of July 2018

4-plex in central Mesa. Always stays rented. Great location, fully leased with long-term tenants. All units have tile, appliances, and access to separate storage and laundry room. Block fence around property. Unit #4 has a fenced yard w/RV gate.

Last Agent to Sell the Property

Andrew McKee

Perk Prop Real Estate License #SA531199000 Listed on: 06/05/2018

Last Buyer's Agent

Jason Bingham

Distinguished Properties License #BR528229000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,317

Year Built

  • Built in 1980

Lot Details

  • 0.32

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 29
  • Assessor Parcel Number 139-26-016-F

Community Details

Overview

  • 4 Units
  • Building Dimensions are 13906
  • Lynwood Tract Lots 25 32 Subdivision

Building Details

  • Operating Expense $8,217
  • Gross Income $33,600
  • Net Operating Income $25,383

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,317

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Broadway and Mesa Dr
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2017
  • Road Surface Type: Concrete
  • Subdivision Name: LYNWOOD TRACT LOTS 25-32
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Heat Pump, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Annual Water Sewer Expense: 4600.0

Lot Info

  • Lot Size: 13906
  • Additional Parcels: No
  • Parcel #: 139-26-016-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 33600.0
  • Insurance Expense: 1300.0
  • Maintenance Expense: 800.0
  • Property Net Operating Income: 25383.0
  • Annual Operating Expense: 8217.0

Tax Info

  • Tax Annual Amount: 1317.0
  • Tax Book Number: 139.00
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2021
Sold by
Williams Reyna Leigh
Bought by
Oliver Michelle L and Oliver Edward G
Current Estimated Value
$752,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Outstanding Balance
$413,478
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$338,932

Purchase Details

Listed on
Jun 5, 2018
Closed on
Jul 19, 2018
Sold by
Williams Tyler
Bought by
Williams Reyna Leigh
Seller's Agent
Andrew McKee
Perk Prop Real Estate
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$330,000
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$280,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2012
Sold by
Bars Real Estate Llc
Bought by
Aed Real Estate Llc

Purchase Details

Closed on
May 30, 2012
Sold by
Full Circle Property Solutions Llc
Bought by
Aed Real Estate Llc

Purchase Details

Closed on
Feb 6, 2006
Sold by
Full Circle Property Solutions Llc
Bought by
Kinnaman George M and Kinnaman Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 6, 2006
Sold by
Kinnaman George M and Kinnaman Ann
Bought by
Full Circle Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 20, 2004
Sold by
Kinnaman George M
Bought by
Full Circle Property Solutions Llc

Purchase Details

Closed on
Dec 12, 2000
Sold by
Sorrentino Ann
Bought by
Kinnaman George M
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
Oliver Michelle L $615,000 First Integrity Ttl Agcy Of
Williams Reyna Leigh -- Clear Title Agency Of Arizon
Williams Reyne Leigh $330,000 Clear Title Agency Of Arizon
Aed Real Estate Llc -- None Available
Aed Real Estate Llc $152,000 North American Title Company
Kinnaman George M -- Guaranty Title Agency
Full Circle Property Solutions Llc -- Guaranty Title Agency
Full Circle Property Solutions Llc -- --
Kinnaman George M -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Michelle L $461,250
Previous Owner Williams Reyna Leigh $280,500
Previous Owner Kinnaman George M $213,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2018 07/23/18 Sold $330,000 0.0% $98 / Sq Ft
07/16/2018 07/16/18 For Sale $330,000 0.0% $98 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $330,000 -- $98 / 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 $1,542 $15,634 -- --
2024 $1,547 $14,890 -- --
2023 $1,547 $54,130 $10,820 $43,310
2022 $1,515 $37,270 $7,450 $29,820
2021 $1,534 $29,500 $5,900 $23,600
2020 $1,514 $26,470 $5,290 $21,180
2019 $1,414 $21,330 $4,260 $17,070
2018 $1,357 $19,470 $3,890 $15,580
2017 $1,317 $17,120 $3,420 $13,700
2016 $1,292 $16,260 $3,250 $13,010
2015 $1,215 $14,010 $2,800 $11,210
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Andrew McKee

    Perk Prop Real Estate

    (480) 459-1711

    9 Total Sales

    Andrew McKee
    Section Image
  • Jason Bingham

    Buyer's Agent in 2018

    Jason Bingham

    Distinguished Properties

    (602) 432-5765

    1 in this area

    23 Total Sales

    Jason Bingham
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5775479

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-26-016F

Arizona Maricopa County Mesa 85204 Temple

624 E Marilyn Ave, Mesa, AZ

Not Listed for Sale

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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