NOT LISTED FOR SALE

63 N San Jose Unit 102 Mesa, AZ 85201

West Main Neighborhood

Estimated Value: $407,096 - $887,000

-- Bed
4 Baths
855 Sq Ft
$737/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $160,000 $187 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $3,445/month

24 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of March 2013

LARGE(855SF) TWO BED/ONE BATH UNITS WITH WASHER/DRYER HOOKUPS. RIGHT ON THE TEMPE BOARDER. CLOSE TO ASU AND MESA COMMUNITY COLLEGE. SHORT WALK TO THE LIGHT RAIL. 100% occupied. Three units rented at $500 + onsite managers rent. LONG TERM OWNER WITH GREAT ONSITE MANAGER IN PLACE. MANAGER GETS REDUCED RENT OF $250 IF UNITS ARE FULL AND RENT IS COLLECTED AND RENT IS $300 IF ONE UNIT IS VACANT. NO SHOWINGS PRIOR TO CONTRACT WITHOUT A EXECUTED CONTRACT.

Last Agent to Sell the Property

Brian Gaffney

Better Homes & Gardens Real Estate SJ Fowler License #BR536606000 Listed on: 01/31/2013

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Becky Coen

eXp Realty License #SA025083000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1986

Lot Details

  • 8,581

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 81
  • Assessor Parcel Number 135-47-084

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $9,347
  • Gross Income $21,600
  • Net Operating Income $12,254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$940

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: MAIN AND DOBSON
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1728.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

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

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 135-47-084

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 21600.0
  • Insurance Expense: 1379.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 12254.0
  • Annual Operating Expense: 9346.64
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 939.64
  • Tax Book Number: 135.00
  • Tax Lot: 81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2016
Sold by
Johnson Grizelda and Johnson Tyler K
Bought by
Johnson Tyler K and Johnson Grizelda
Current Estimated Value
$629,774

Purchase Details

Listed on
Jan 31, 2013
Closed on
Mar 6, 2013
Sold by
Johnson Tyler K
Bought by
Johnson Grizelda
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Becky Coen
eXp Realty
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$157,102
Outstanding Balance
$112,505
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$517,270

Purchase Details

Closed on
Sep 11, 2004
Sold by
Sadri Hessam
Bought by
Sadri Hessameddin and Hadidi Minoo

Purchase Details

Closed on
Feb 4, 1999
Sold by
Sadri Abbas Ali
Bought by
Mizani Mehri

Purchase Details

Closed on
Jul 19, 1994
Sold by
Sadri Hessameddin
Bought by
Mizani Mehri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,100
Interest Rate
6.94%

Purchase Details

Closed on
Jun 24, 1994
Sold by
Mizani Mehri
Bought by
Sadri Hessameddin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,100
Interest Rate
6.94%
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
Johnson Tyler K -- None Available
Johnson Grizelda -- Lawyers Title Of Arizona Inc
Johnson Grizelda $160,000 Lawyers Title Of Arizona Inc
Sadri Hessameddin -- --
Mizani Mehri -- Century Title Agency Inc
Mizani Mehri -- --
Sadri Hessameddin -- Century Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Grizelda $157,102
Closed Johnson Grizelda $157,102
Previous Owner Sadri Hessameddin $95,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $160,000 +0.1% $187 / Sq Ft
02/24/2013 02/24/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $159,900 -- $187 / 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 $1,635 $16,575 -- --
2024 $1,640 $15,786 -- --
2023 $1,640 $51,150 $10,230 $40,920
2022 $1,606 $33,780 $6,750 $27,030
2021 $1,626 $31,120 $6,220 $24,900
2020 $1,605 $28,000 $5,600 $22,400
2019 $1,499 $22,260 $4,450 $17,810
2018 $1,439 $19,750 $3,950 $15,800
2017 $1,396 $15,220 $3,040 $12,180
2016 $1,370 $14,480 $2,890 $11,590
2015 $1,288 $15,300 $3,060 $12,240
Source: Public Records

Agents Affiliated with this Home

  • Brian Gaffney

    Seller's Agent in 2013

    Brian Gaffney

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    21 Total Sales

    Brian Gaffney
    Section Image
  • Becky Coen

    Buyer's Agent in 2013

    Becky Coen

    eXp Realty

    (602) 614-2422

    70 Total Sales

    Becky Coen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4882970

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-47-084

Arizona Maricopa County Mesa 85201 West Main

63 N San Jose Unit 102, 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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