NOT LISTED FOR SALE

Estimated Value: $685,000 - $862,000

7 Beds
4 Baths
1,600 Sq Ft
$481/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2012

Last sale price $151,000 $94 Per Sq Ft

Est. 433% increase in value since last sale

Current estimated payment $4,591 / mo

33 Days on Market

Highlights

  • Painted or Stained Flooring
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of September 2012

Great cash flow opportunity. 3 of 4 units are currently rented. 2 buildings available, separate owners but would like to sell them together if possible as both are owned by the same lender. Please also see MLS #4733525. Short Sale approval Required.

Last Agent to Sell the Property

Brook Miller

RE/MAX Fine Properties License #BR533974000 Listed on: 02/24/2012

RE/MAX Fine Properties

Last Buyer's Agent

Luke Bundy

Better Homes & Gardens Real Estate SJ Fowler License #SA510356000

Better Homes & Gardens Real Estate SJ Fowler

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 9,975

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Concrete

Utilities

  • Central Air
  • Heating Available

Community Details

  • $1,178 per year Dock Fee
  • 4 Units
  • Building Dimensions are 135x76

Listing and Financial Details

  • Tenant pays for cable TV, electric, sewer
  • The owner pays for trash collection, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

9,975 Sq Ft Lot

Listing Details

  • Tax Municipality: Mesa
  • Appliances Included: Disposal, F/S Oven/Range, Refrigerator
  • Construction Finish: Painted
  • Cross Street: Recker & Brown
  • Floors: Concrete
  • Legal Info Lot Number: 5
  • Roads Streets: Asphalt
  • Property Type: F
  • Legal Description Abbrev: Golden West Unit 03 Lt 01-32
  • Marketing Name: 4-Plex
  • Ownership: Fee Simple
  • Map Code Grid: R43
  • Year Built: 1986
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished

Exterior Features

  • Exterior Amenities: Cable TV Available
  • Roofing: Comp Shingle
  • Construction: Frame - Wood

Garage/Parking

  • Parking: Carport
  • Total Parking Spaces: 4.00
  • Covered Parking Spaces: 4.00

Utilities

  • Water: City Franchise
  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric

Condo/Co-op/Association

  • Community Amenities: No Pool, See Remarks

Lot Info

  • Lot Size: 135x76

Multi Family

  • Income And Expenses Annual Maint Exp: 6122.00
  • Income And Expenses Annual Other Expense: 1318.00
  • Income And Expenses Annual Water Sewer Exp: 3457.00
  • Income And Expenses Net Operating Income: 15760.00
  • Income And Expenses Operating Exp: 12075.00
  • Income And Expenses Totl Mnth Rntal Inc: 2193.00
  • Income And Expenses Vacancy Allowance: 0.25
  • Number Of One Bedroom Units: 1
  • Number Of Two Bedroom Units: 3
  • One Bedroom Units Avg Rent: 550.00
  • One Bedroom Units Avg Sq Ft: 700
  • One Bedroom Units Baths: 1
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV, Electric, Sewer
  • Total Numberof Buildings: 1
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 600.00
  • Two Bedroom Units Avg Sq Ft: 900
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1178.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2012
Closed on
Sep 12, 2012
Sold by
Reizer Ann
Bought by
Seller's Agent
Brook Miller
RE/MAX Fine Properties
Buyer's Agent
Luke Bundy
Better Homes & Gardens Real Estate SJ Fowler
List Price
$134,900
Sold Price
$151,000
Premium/Discount to List
$16,100
11.93%
Current Estimated Value
$804,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,333
Avg. Annual Appreciation
12.39%

Purchase Details

Closed on
Jun 3, 2005
Sold by
Shen Shoa Hua
Bought by
Reizer Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central Mesa East, AZ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$151,000 Clear Title Agency Of Arizon
Reizer Ann $356,000 Lawyers Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $105,700
Previous Owner Reizer Ann $267,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/25/2012 09/25/12 Sold $151,000 +11.9% $94 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $134,900 -- $84 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,091 $21,198
2024 $2,098 $20,189
2023 $2,098 $62,620 $12,520 $50,100
2022 $2,054 $44,970 $8,990 $35,980
2021 $2,080 $39,180 $7,830 $31,350
2020 $2,052 $34,830 $6,960 $27,870
2019 $1,917 $30,480 $6,090 $24,390
2018 $1,840 $27,930 $5,580 $22,350
2017 $1,786 $19,410 $3,880 $15,530
2016 $1,752 $17,930 $3,580 $14,350
2015 $1,647 $17,000 $3,400 $13,600
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4733535

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-284

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