NOT LISTED FOR SALE

Estimated Value: $434,000 - $524,000

3 Beds
-- Bath
1,445 Sq Ft
$331/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $119,900 $83 Per Sq Ft

Est. 299% increase in value since last sale

Current estimated payment $2,730/month

32 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of February 2014

Property well maintained, 2 units 1 two bed room and 1 one bedroom, setting on a large lot (10,386 SQ FT), newer roof, A/C units, appliances stoves, refrigerators, microwave, dishwashers, washers & dryers, cabinets and large tile floor in kitchen and family rooms. Tenants pay electric and gas. Buyer to verify to their satisfaction, including MLS info.

Last Listed By

Keith Knutson

Better Homes & Gardens Real Estate SJ Fowler License #SA546283000 Listed on: 12/09/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 1962

Lot Details

  • 10,367

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water
  • Tax Lot 20
  • Assessor Parcel Number 137-24-081

Community Details

Overview

  • 2 Units
  • Building Dimensions are 10,386
  • Kent Manor Subdivision

Building Details

  • Operating Expense $3,361
  • Net Operating Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$561

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: University & Country Club
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2013
  • Directions: E. on University to N. Drew turn North (left) on Drew Street until Tee turn West (left)road curves around into N. Drew Street West go North to property will be on West side of the road.
  • Road Surface Type: Sidewalk(s)
  • Subdivision Name: Kent Manor
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: 1 Space/Unit, <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:_one_ SpaceUnit: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Electric
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

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

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 10,386
  • Additional Parcels: No
  • Parcel #: 137-24-081

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Insurance Expense: 600.0
  • Maintenance Expense: 400.0
  • Property Net Operating Income: 12600.0
  • Annual Operating Expense: 3361.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 561.0
  • Tax Book Number: 137.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Dean Brevin K
Bought by
Pimentel Jess and Pimentel Melissa
Total Days on Market
32
Current Estimated Value
$478,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,625
Outstanding Balance
$288,531
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$180,656

Purchase Details

Closed on
Sep 23, 2020
Sold by
Helbling Joseph
Bought by
Dean Brevin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2017
Sold by
H&M Outsourcing Llc
Bought by
Helbling Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,150
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2017
Sold by
Young Allen W
Bought by
H&M Outsourcing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 9, 2013
Closed on
Jan 13, 2014
Sold by
Beavers Dennis V
Bought by
Young Allen W
Seller's Agent
Keith Knutson
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Becky Coen
eXp Realty
List Price
$129,500
Sold Price
$119,900
Premium/Discount to List
-$9,600
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%
Original Mortgage
$117,727
Interest Rate
4.49%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 1998
Sold by
Cassaday Jeffery A and Cassaday Lisa L
Bought by
Beavers Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,935
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 1994
Sold by
Woodbury Lupe
Bought by
Cassaday Jeffery A and Cassaday Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,664
Interest Rate
8.83%

Purchase Details

Closed on
Jun 21, 1994
Sold by
Cassaday Jeffery A
Bought by
Woodbury Lupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,664
Interest Rate
8.83%

Purchase Details

Closed on
Oct 25, 1978
Sold by
Senn Merritt A and Senn Irene E
Bought by
Wagar Beatrice M

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
Pimentel Jess $415,500 Empire West Title Agency Llc
Dean Brevin K $340,000 American Title Svc Agcy Llc
Helbling Joseph $219,000 Chicago Title Agency Inc
H&M Outsourcing Llc $140,000 Chicago Title Agency Inc
Young Allen W $119,900 First American Title Ins Co
Beavers Dennis $88,500 Chicago Title Insurance Co
Cassaday Jeffery A -- Stewart Title
Woodbury Lupe -- Stewart Title
Wagar Beatrice M -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pimentel Jess $311,625
Previous Owner Dean Brevin K $333,841
Previous Owner Helbling Joseph $186,150
Previous Owner H&M Outsourcing Llc $138,000
Previous Owner Young Allen W $117,727
Previous Owner Beavers Dennis $50,000
Previous Owner Beavers Dennis $87,935
Previous Owner Cassaday Jeffery A $68,664
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $119,900 -7.4% $83 / Sq Ft
01/10/2014 01/10/14 Pending -- -- --
12/09/2013 12/09/13 For Sale $129,500 -- $90 / 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 $897 $8,654 -- --
2024 $903 $8,242 -- --
2023 $903 $31,000 $6,200 $24,800
2022 $881 $22,800 $4,560 $18,240
2021 $892 $19,370 $3,870 $15,500
2020 $838 $17,860 $3,570 $14,290
2019 $783 $15,010 $3,000 $12,010
2018 $751 $13,570 $2,710 $10,860
2017 $729 $11,110 $2,220 $8,890
2016 $715 $9,160 $1,830 $7,330
2015 $672 $7,960 $1,590 $6,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5040482

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-24-081