NOT LISTED FOR SALE

6407 E Butte St Mesa, AZ 85205

Central Mesa East Neighborhood
8 Beds
6 Baths
1,625 Sq Ft
1970 Built

Last Sold August 16, 2023

Last sale price $1,050,000 $646 Per Sq Ft

2 Days on Market

Highlights

  • Clubhouse
  • Heated Community Pool
  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Shuffleboard Court
  • Ceiling Fan

About This Home

As of August 2023

Incredible Investment opportunity in Velda Rose Estates, This well maintained 6-unit property is in a highly desirable 55+ community adjacent to the clubhouse and swimming pool. The property consists of two- 900 sq ft two bedroom one bathroom units and four one bedroom one bathroom units two at 750 sq ft and two at 700 sq ft. with on-site laundry. The pride of ownership is evident and the current owners recently replaced the roof, flooring ,a/c units, exhaust and interior paint making this property standout. Drive by only do not disturb the tenants.

Last Listed By

Anthony Guerriero

Russ Lyon Sotheby's International Realty License #SA663981000 Listed on: 06/06/2023

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1970

Home Design

  • Tile Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 6 Open Parking Spaces
  • 13 Parking Spaces
  • 7 Covered Spaces
  • Paved Parking

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 268 & 269
  • Assessor Parcel Number 141-61-067-A

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Building Dimensions are 145x120x125x113

Amenities

  • Clubhouse

Recreation

  • Shuffleboard Court
  • Heated Community Pool

Building Details

  • Operating Expense $3,035
  • Gross Income $82,935
  • Net Operating Income $63,542

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,335

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: University & 64th St.
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2022
  • Directions: South to Butte property on corner
  • Road Surface Type: Asphalt, Concrete
  • Co List Office Mls Id: lyon24
  • Co List Office Phone: 480-750-7424
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Tile, Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 7.0
  • Parking Features: Paved Parking, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 13.0
  • General Property Description:Covered Parking Spcs: 7.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 13.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Shuffle Brd/Lawn Bwl, Clubhouse, Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Clubhouse: Yes
  • Community Amenities:Shuffle BrdLawn Bwl: Yes

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Out of Area
  • Middle Or Junior School: Adult

Lot Info

  • Lot Size: 145x120x125x113
  • Additional Parcels: No
  • Parcel #: 141-61-067-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 6
  • Annual Gross Income: 82935.0
  • Property Net Operating Income: 63542.0
  • Annual Operating Expense: 3035.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 2335.0
  • Tax Book Number: 141.00
  • Tax Lot: 268 & 269

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $1,050,000 0.0% $646 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $1,050,000 +98.5% $646 / Sq Ft
08/17/2018 08/17/18 Sold $529,000 -3.6% $326 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $549,000 -- $338 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Anthony Guerriero

    Seller's Agent in 2023

    Anthony Guerriero

    Russ Lyon Sotheby's International Realty

    (480) 544-2466

    5 in this area

    148 Total Sales

    Anthony Guerriero
    Section Image
  • Christine Fox

    Seller Co-Listing Agent in 2023

    Christine Fox

    HomeSmart

    (480) 818-0435

    2 in this area

    33 Total Sales

    Christine Fox
    Section Image

  • S

    Seller's Agent in 2018

    Scott Trevey

    REI Marketing

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6565443

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Mesa 85205 Central Mesa East

6407 E Butte St, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 6407 E Butte St, Mesa, AZ 85205 since 06 June 2023. This property was built in 1970. 6407 E Butte St is a home located in Maricopa County with nearby schools including Salk Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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

Nearby Homes