NOT LISTED FOR SALE

Estimated Value: $868,559

-- Bed
-- Bath
4,162 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $383,000 $92 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,036/month

6 Days on Market

Highlights

  • Multiple cooling system units
  • Franklin at Brimhall Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of September 2016

Upscale Townhouse Style Fourplex in Great
Location in Northeast Mesa Close to Shopping, Freeways, Public Transportation
and More. Huge 1040 Square Foot Units with Washer/Dryer Hook-ups and Dishwashers. Excellent Parking and Private Backyards. Located on Quiet Cul De Sac. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction.

Last Listed By

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 08/01/2016

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1986

Lot Details

  • 10,716

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Parking

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 10
  • Assessor Parcel Number 141-84-289

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10714 sq. ft.
  • Golden West Unit 3 Lot 1 32 Subdivision

Building Details

  • Gross Income $37,301
  • Net Operating Income $28,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,876

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Recker and Brown
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2015
  • Directions: East on Brown. North on 62nd Pl. Head East on Glencove. Cul De SAC
  • 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:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: 2 or More Units, Central A/C, Individual, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): 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: 10714 sq. ft.
  • Additional Parcels: No
  • Parcel #: 141-84-289

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 324.0
  • Annual Gross Income: 37300.8
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 28500.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1876.0
  • Tax Book Number: 141.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 15, 2016
Sold by
Ibarra Gabriel A
Bought by
Chan Andy and Chan Ying Zeng
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$399,900
Sold Price
$383,000
Premium/Discount to List
-$16,900
-4.23%
Total Days on Market
6
Current Estimated Value
$868,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,559
Avg. Annual Appreciation
9.93%
Original Mortgage
$268,100
Outstanding Balance
$217,162
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$651,397

Purchase Details

Closed on
Jun 3, 2005
Sold by
Shen Shoa Hua
Bought by
Ibarra Gabriel A and Ibarra Rochelle I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

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
Chan Andy $383,000 Equity Title Agency
Ibarra Gabriel A $385,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Andy $268,100
Previous Owner Ibarra Gabriel A $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2016 09/26/16 Sold $383,000 -4.2% $92 / Sq Ft
08/07/2016 08/07/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $399,900 -- $96 / 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 $2,369 $24,140 -- --
2024 $2,389 $22,991 -- --
2023 $2,389 $72,100 $14,420 $57,680
2022 $2,339 $51,760 $10,350 $41,410
2021 $2,368 $44,870 $8,970 $35,900
2020 $2,337 $39,910 $7,980 $31,930
2019 $2,184 $35,030 $7,000 $28,030
2018 $2,096 $32,220 $6,440 $25,780
2017 $2,033 $22,280 $4,450 $17,830
2016 $1,996 $21,950 $4,390 $17,560
2015 $1,876 $21,330 $4,260 $17,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5477953

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-289