NOT LISTED FOR SALE

640 E Franklin Ave Mesa, AZ 85204

Temple Neighborhood

Estimated Value: $398,889 - $453,000

-- Bed
-- Bath
1,728 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $140,000 $81 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $2,298/month

43 Days on Market

Highlights

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

About This Home

As of September 2014

Great investment Property in convenient location. 2bd/2ba (per side) Duplex!! Units are identical. Dramatic vaulted ceiling, neutral paint, ceiling fans...move-in ready!! Open concept floor plan. Chefs kitchen features white appliances, plethora of oak cabinetry, dining area, private patio, storage shed and covered parking spaces. Close to schools, shopping, bus routes, and I-60.

Last Agent to Sell the Property

Nathan Biggar

Real Broker License #SA642308000 Listed on: 07/03/2014

Real Broker

Last Buyer's Agent

Shalia Marner

West USA Realty License #SA580697000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $611

Year Built

  • Built in 1986

Lot Details

  • 6,011

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Paved Parking

Schools

  • Holmes Elementary School
  • Taylor Junior High School
  • Mesa High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 139-26-055-N

Community Details

Overview

  • 2 Units
  • Building Dimensions are 100 x 60
  • North Sunland Gardens Subdivision

Building Details

  • Operating Expense $1,835

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$611

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr. & Southern Ave
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Subdivision Name: North Sunland Gardens
  • Tax Parcel Letter: N
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Free, Add'l Parking Avail, >1 Space Per Unit, 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

Utilities

  • Electric: City Electric
  • Cooling: 2 or More Units, Central A/C, Heat Pump
  • Heating: Central, Heat Pump, 2 or More Units
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 624.0

Schools

  • Elementary School: Holmes Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Taylor Junior High School

Lot Info

  • Lot Size: 100 x 60
  • Additional Parcels: No
  • Parcel #: 139-26-055-N

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Operating Expense: 1835.0

Tax Info

  • Tax Annual Amount: 611.0
  • Tax Book Number: 139.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2014
Closed on
Oct 29, 2014
Sold by
Newton Cary
Bought by
Newchal123 Llc
Seller's Agent
Nathan Biggar
Real Broker
Buyer's Agent
Shalia Marner
West USA Realty
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%
Current Estimated Value
$425,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,222
Avg. Annual Appreciation
10.35%
Original Mortgage
$105,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2014
Closed on
Sep 2, 2014
Sold by
Maass Mark A and Maass Kathleen M
Bought by
Newton Cary
Seller's Agent
Nathan Biggar
Real Broker
Buyer's Agent
Shalia Marner
West USA Realty
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 1999
Sold by
Intemann Robert A
Bought by
Maass Mark A and Maass Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,050
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 1999
Sold by
Mackinlay Daniel Kent
Bought by
West Glenna U and Naylor Nelda R

Purchase Details

Closed on
Apr 17, 1999
Sold by
Naylor Nelda R
Bought by
Mackinlay Daniel Kent

Purchase Details

Closed on
Apr 13, 1999
Sold by
West Glenna U
Bought by
Mackinlay Daniel Kent

Purchase Details

Closed on
Mar 24, 1999
Sold by
Mccook Jolinda W
Bought by
West Glenna Uvonne and Naylor Nelda R

Purchase Details

Closed on
Mar 16, 1999
Sold by
Naylor Larry J
Bought by
Naylor Nelda R and Naylor Larry J

Purchase Details

Closed on
Mar 8, 1999
Sold by
Hochstetter Betty Lou and Coyle Betty Lou
Bought by
West Glenna U and Naylor Nelda R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Newchal123 Llc -- None Available
Newton Cary $140,000 Empire West Title Agency
Maass Mark A $124,900 First American Title
West Glenna U -- --
Mackinlay Daniel Kent -- --
Mackinlay Daniel Kent -- --
Mackinlay Daniel Kent -- --
Mackinlay Daniel Kent -- --
Mackinlay Daniel Kent -- --
West Glenna Uvonne -- --
Naylor Nelda R -- --
West Glenna U -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newton Cary $105,000
Previous Owner Maass Mark A $112,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $140,000 -6.0% $81 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $149,000 -- $86 / 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 $928 $9,407 -- --
2024 $931 $8,959 -- --
2023 $931 $29,880 $5,970 $23,910
2022 $912 $20,600 $4,120 $16,480
2021 $923 $16,610 $3,320 $13,290
2020 $911 $15,250 $3,050 $12,200
2019 $851 $12,580 $2,510 $10,070
2018 $817 $11,710 $2,340 $9,370
2017 $792 $10,420 $2,080 $8,340
2016 $778 $9,460 $1,890 $7,570
2015 $731 $8,130 $1,620 $6,510
Source: Public Records

Agents Affiliated with this Home

  • Nathan Biggar

    Seller's Agent in 2014

    Nathan Biggar

    Real Broker

    (480) 717-1901

    112 Total Sales

    Nathan Biggar
    Section Image

  • S

    Buyer's Agent in 2014

    Shalia Marner

    West USA Realty

    2 Total Sales

    Shalia Marner
    Section Image

  • S

    Buyer's Agent in 2014

    Shalia Barrett

    1st USA Realty Professionals

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5139802

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-26-055N

Arizona Maricopa County Mesa 85204 Temple

640 E Franklin Ave, 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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