NOT LISTED FOR SALE

Estimated Value: $397,522 - $532,000

4 Beds
-- Bath
2,206 Sq Ft
$213/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $164,500 $75 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $2,565/month

5 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of June 2015

Great investment opportunity to own a fantastic triplex in a central Mesa. Unit C is a 2 bedrooms / 1 bath (900 sqft ) , unit A & B are 1 bedroom / 1 bath (600 sqft) all units include a separate storage area with washer/drier hook up. Many upgrades thru out the year , sewer line to abs ,galvanized pipes to copper lines, roof has been replace within the last 5 years as well as the AC/HEATER in units B & C, exterior paint was done about 3 years. extra storage room . This property features great curb appeal, front patio and even a backyard with a large grassy area. This is a rare find and won't last long, so schedule a showing before it's gone! ** Occupied do not disturbed**

Last Agent to Sell the Property

Amador Lozano

US Preferred Realty License #SA652246000 Listed on: 04/24/2015

Last Buyer's Agent

Terry Kass

R.O.I. Properties License #BR503783000

R.O.I. Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $847

Year Built

  • Built in 1962

Lot Details

  • 0.27

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

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

Schools

  • Eisenhower Center For Innovation Elementary School
  • Carson Junior High Middle School
  • Westwood High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, sewer
  • Tax Lot 21
  • Assessor Parcel Number 137-24-082

Community Details

Overview

  • 3 Units
  • Building Dimensions are 11816 SQ FT
  • Kent Manor Subdivision

Building Details

  • Operating Expense $3,947
  • Gross Income $17,442
  • Net Operating Income $15,042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$847

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: University and Country Club
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: m-h
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2014
  • Directions: E on University, N on Center, W on 6th Pl, R on drew.
  • Road Surface Type: Asphalt
  • Subdivision Name: KENT MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1600.0

Schools

  • Elementary School: Eisenhower Center For Innovation
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: 11816 SQ FT
  • Additional Parcels: No
  • Parcel #: 137-24-082

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 17442.0
  • Insurance Expense: 800.0
  • Property Net Operating Income: 15042.0
  • Annual Operating Expense: 3947.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 847.0
  • Tax Book Number: 137.00
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2015
Closed on
May 6, 2015
Sold by
Mesarental 1 Llc
Bought by
Lenuzza Enterprises Llc
Seller's Agent
Amador Lozano
US Preferred Realty
Buyer's Agent
Terry Kass
R.O.I. Properties
List Price
$174,900
Sold Price
$164,500
Premium/Discount to List
-$10,400
-5.95%
Current Estimated Value
$469,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,131
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Dec 21, 2010
Sold by
Masyga Gerald D and Masyga Mary C
Bought by
Mesarental1 Llc
Source: Public Records

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
Lenuzza Enterprises Llc $162,500 Clear Title Agency
Mesarental1 Llc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cynthia E Smith Trust $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $164,500 -5.9% $75 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $174,900 -- $79 / 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 $1,025 $10,446 -- --
2024 $1,034 $9,948 -- --
2023 $1,034 $37,780 $7,550 $30,230
2022 $1,012 $28,160 $5,630 $22,530
2021 $1,025 $24,500 $4,900 $19,600
2020 $1,011 $22,180 $4,430 $17,750
2019 $945 $18,330 $3,660 $14,670
2018 $907 $16,370 $3,270 $13,100
2017 $880 $13,600 $2,720 $10,880
2016 $864 $12,960 $2,590 $10,370
2015 $812 $10,630 $2,120 $8,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5270507

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-24-082