NOT LISTED FOR SALE
10 Beds
10 Baths
1,400 Sq Ft
1987 Built

Last Sold October 10, 2013

Last sale price $220,000 $157 Per Sq Ft

185 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of October 2013

Mesa Gem... Great Investor Opportunity Fully rented upgraded 5 plex, Five 2 Bed/ 1 bath units. Sewer in and connected. Well Maintained property. NO HOA, Ability to upgrade units . Roof replaced in 2011. 7 cap.....

Last Listed By

Cheryl Edwards

Vestis Group License #SA032135000 Listed on: 03/12/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 1987

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Schools

  • Salk Elementary School
  • Fremont Junior High School
  • Red Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 14
  • Assessor Parcel Number 141-60-044

Community Details

Overview

  • 5 Units
  • Building Dimensions are .021
  • Granite Reef Vista 1 Subdivision

Building Details

  • Net Operating Income $17,464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,026

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: Apache and 64th street
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R4 res/4000sqft
  • Number Of Buildings: 1
  • Year Built: 1987
  • Tax Year: 2012
  • Directions: Mesa Gem..... 5 plex fully rented sewer in & connected . Well Maintained property. no HOA, ability to upgrade large units and raise the rent
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: Granite Reef Vista 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Free: 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

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 2047.0
  • Annual Water Sewer Expense: 1267.0

Schools

  • Elementary School: Salk Elementary School
  • High School: Red Mountain High School
  • Middle Or Junior School: Fremont Junior High School

Lot Info

  • Lot Size: .021
  • Additional Parcels: Yes
  • Parcel #: 141-60-044

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 5
  • Insurance Expense: 1541.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 17464.46
  • Vacancy Allowance Rate: 10.0

Tax Info

  • Tax Annual Amount: 1025.54
  • Tax Book Number: 141.00
  • Tax Lot: 14

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
10/10/2013 10/10/13 Sold $220,000 -12.0% $157 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $250,000 -- $179 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4903308

Arizona Regional Multiple Listing Service (ARMLS)