NOT LISTED FOR SALE

6245 E Glencove Cir Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $590,854 - $1,042,000

Studio
-- Bath
3,390 Sq Ft
$242/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $340,000 $100 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $4,470/month

67 Days on Market

About This Home

As of October 2017

Slump Block Fourplex on Cul De Sac. Individual Yards,Covered Parking, Desert Landscaping. Potential Rental Rates Upside. One Large 2 Bedroom, 2 Bath Unit and 3 Nice 2 Bedroom 1 Bath Units.Super Quiet Location, Close to Shopping, Schools and Employment. Falcon Field, Banner Hospital, Superstition Springs Mall and Mesa Community College. Just Minutes to Freeways, Both the Superstition Freeway and the Red Mountain Freeway. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 06/12/2017

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

Calvin Pepper

Tierra Realty & Development License #SA035928000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,753

Year Built

  • Built in 1986

Lot Details

  • 10,193

Home Design

  • Composition Roof

Parking

  • 6 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 8
  • Assessor Parcel Number 141-84-287

Community Details

Overview

  • 4 Units
  • Building Dimensions are 3390
  • Golden West Unit 3 Lot 1 32 Subdivision

Building Details

  • Operating Expense $8,853
  • Gross Income $32,946
  • Net Operating Income $24,093

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,753

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Recker & Brown
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: GOLDEN WEST UNIT 3 LOT 1-32
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Other, See Remarks, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: 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:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2400.0

Lot Info

  • Lot Size: 3390
  • Additional Parcels: No
  • Parcel #: 141-84-287

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 32946.0
  • Insurance Expense: 1100.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 24093.0
  • Annual Operating Expense: 8853.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1753.0
  • Tax Book Number: 141.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Sep 28, 2017
Sold by
Ibarra David
Bought by
Maramba Vic Siapno and Maramba Lakana L
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Calvin Pepper
Tierra Realty & Development
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Current Estimated Value
$821,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,464
Avg. Annual Appreciation
11.23%
Original Mortgage
$185,000
Outstanding Balance
$154,816
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$666,648

Purchase Details

Closed on
Jun 5, 2005
Sold by
Shen Shoa Hua
Bought by
Ibarra David and Ibarra Lianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,800
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Maramba Vic Siapno $340,000 First Arizona Title Agency L
Ibarra David $356,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maramba Vic Siapno $185,000
Previous Owner Ibarra David $284,800
Closed Ibarra David $35,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2017 10/02/17 Sold $340,000 0.0% $100 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/15/2017 08/15/17 Off Market $340,000 -- --
08/05/2017 08/05/17 For Sale $350,000 0.0% $103 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $350,000 -- $103 / 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 $2,092 $21,208 -- --
2024 $2,099 $20,198 -- --
2023 $2,099 $62,780 $12,550 $50,230
2022 $2,055 $45,080 $9,010 $36,070
2021 $2,080 $39,320 $7,860 $31,460
2020 $2,053 $34,950 $6,990 $27,960
2019 $1,918 $30,550 $6,110 $24,440
2018 $1,841 $27,980 $5,590 $22,390
2017 $1,786 $19,450 $3,890 $15,560
2016 $1,753 $17,970 $3,590 $14,380
2015 $1,648 $17,020 $3,400 $13,620
Source: Public Records

Agents Affiliated with this Home

  • Steve Fowler

    Seller's Agent in 2017

    Steve Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 430-5843

    3 in this area

    59 Total Sales

    Steve Fowler
    Section Image
  • Steven Cvetanovich

    Seller Co-Listing Agent in 2017

    Steven Cvetanovich

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 323-5672

    3 in this area

    28 Total Sales

    Steven Cvetanovich
    Section Image

  • C

    Buyer's Agent in 2017

    Calvin Pepper

    Tierra Realty & Development

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5618818

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-287

Arizona Maricopa County Mesa 85205 Central Mesa East

6245 E Glencove Cir, Mesa, AZ

Not Listed for Sale

MultiFamily

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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