NOT LISTED FOR SALE

6429 E University Dr Unit 3 Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $324,000 - $407,000

-- Bed
1 Bath
980 Sq Ft
$366/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $343,000 $350 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,974/month

48 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Sport Court
  • Franklin at Brimhall Elementary School Rated A
  • Heated Community Pool
  • Central Air

About This Home

As of July 2024

BRAND NEW ROOF! SINGLE LEVEL SLUMP BLOCK DUPLEX WITH COVERED PARKING AND LOW MAINTINENCE LANDSCAPING IN THE HIGHLY SOUGHT AFTER 55+ COMMUNITY OF VELDA ROSE IN NE MESA. TENANTS CAN ENJOY A PEACEFUL COURTYARD, PRIVATE FENCED IN BACK YARD. THE COMMUNITY FEATURES 2 POOLS AND A CLUBHOUSE. PROPERTY IS WALKING DISTANCE TO PUBLIC TRANSPORTATION. 1.5 MILES FROM BANNER BAYWOOD HOSPITAL, 1-1.5 MILES FROM GROCERY STORES, MAJOR MEDICAL SPECIALISTS, RESTAURANTS AND SHOPPING. MINUTES AWAY FROM SUPERSTITION SPRINGS MALL, WALMART AND EASY FREEWAY ACCESS TO THE US 60 AND L 202 RED MOUNTAIN FREEWAY. CURRENTLY 1 TENANT IN PLACE 1 VACANCY, CAN BE FILLED IF REQUESTED PLEASE RESPECT TENANTS RIGHTS, DRIVE BY ONLY. INTERIOR TOURS WITH ACCEPTED CONTRACT. BUYER TO VERIFY ALL FACTS AND FIGURES TO THEIR SATISFACTIO

Last Agent to Sell the Property

Danielle Walko

Better Homes & Gardens Real Estate SJ Fowler License #SA690261000 Listed on: 04/13/2024

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Jim Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR534149000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $841

Year Built

  • Built in 1971

Lot Details

  • 6,098

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, landscaping
  • Tax Lot 258
  • Assessor Parcel Number 141-61-057-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6095
  • Velda Rose Estates East Subdivision

Amenities

  • Clubhouse

Recreation

  • Sport Court
  • Heated Community Pool

Building Details

  • Operating Expense $7,156
  • Gross Income $29,100
  • Net Operating Income $23,685

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$841

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: POWER/UNIVERSITY
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2023
  • Directions: FROM POWER AND UNIVERSITY HEAD WEST ON UNIVERSITY S ON 64TH ST IMMEDIATE L ON THE FRONTAGE RD GOING E PROPERTY ON R SIDE
  • Road Surface Type: Asphalt
  • Subdivision Name: VELDA ROSE ESTATES EAST
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Sport Court, Clubhouse, Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Sport Court: Yes
  • Community Amenities:Clubhouse: Yes

Fee Information

  • Trash Expense: 1080.0
  • Annual Water Sewer Expense: 600.0

Schools

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

Lot Info

  • Lot Size: 6095
  • Additional Parcels: No
  • Parcel #: 141-61-057-A

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 29100.0
  • Insurance Expense: 1800.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 23685.0
  • Annual Operating Expense: 7156.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 841.0
  • Tax Book Number: 141.00
  • Tax Lot: 258

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2024
Closed on
Jul 31, 2024
Sold by
Poggi Joseph Thomas
Bought by
Blue Jay Investments Llc
Seller's Agent
Danielle Walko
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jim Fowler
Better Homes & Gardens Real Estate SJ Fowler
List Price
$350,000
Sold Price
$343,000
Premium/Discount to List
-$7,000
-2%
Views
25
Current Estimated Value
$359,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,040
Avg. Annual Appreciation
4.02%

Purchase Details

Closed on
Mar 15, 2023
Sold by
Poggi Elisa Victoria
Bought by
Poggi Joseph Thomas

Purchase Details

Closed on
Mar 5, 2021
Sold by
Poggi Elisa Victoria
Bought by
Poggi Elisa Victoria and Poggi Joseph Thomas

Purchase Details

Closed on
Nov 14, 2013
Sold by
Poggi Edith
Bought by
Velda Rose Estates Homeowners Associatio

Purchase Details

Closed on
Nov 6, 2008
Sold by
Poggi Edith
Bought by
Edith E Poggi Revocable Trust

Purchase Details

Closed on
Nov 13, 2006
Sold by
Starlink Llc
Bought by
Poggi Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,650
Interest Rate
6.36%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 24, 2005
Sold by
Poggi Edith
Bought by
Starlink Llc

Purchase Details

Closed on
Jan 27, 2004
Sold by
Poggi Edith
Bought by
Poggi Edith

Purchase Details

Closed on
May 3, 1999
Sold by
Johnson Larry D and Johnson Verna N
Bought by
Rafferty Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Blue Jay Investments Llc $343,000 Premier Title Agency
Blue Jay Investments Llc $343,000 Premier Title Agency
Poggi Joseph Thomas -- --
Poggi Joseph Thomas -- --
Poggi Elisa Victoria -- None Available
Poggi Elisa Victoria -- None Available
Velda Rose Estates Homeowners Associatio $27,077 None Available
Velda Rose Estates Homeowners Associatio $27,077 None Available
Edith E Poggi Revocable Trust -- None Available
Edith E Poggi Revocable Trust -- None Available
Poggi Edith -- Arizona Title Agency Inc
Poggi Edith -- Arizona Title Agency Inc
Starlink Llc -- --
Starlink Llc -- --
Poggi Edith -- Chicago Title Insurance Comp
Poggi Edith -- Chicago Title Insurance Comp
Rafferty Maureen $150,000 Old Republic Title Agency
Rafferty Maureen $150,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poggi Edith $234,650
Previous Owner Rafferty Maureen $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $343,000 0.0% $350 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/07/2024 05/07/24 Off Market $343,000 -- --
04/13/2024 04/13/24 For Sale $350,000 0.0% $357 / Sq Ft
08/01/2012 08/01/12 Rented $625 -99.0% --
07/26/2012 07/26/12 Under Contract -- -- --
06/21/2012 06/21/12 For Rent $64,500 -- --
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 $843 $8,573 -- --
2024 $841 $8,165 -- --
2023 $841 $26,870 $5,370 $21,500
2022 $815 $20,420 $4,080 $16,340
2021 $814 $18,070 $3,610 $14,460
2020 $806 $16,670 $3,330 $13,340
2019 $760 $13,260 $2,650 $10,610
2018 $739 $12,830 $2,560 $10,270
2017 $723 $11,500 $2,300 $9,200
2016 $697 $9,820 $1,960 $7,860
2015 $657 $8,460 $1,690 $6,770
Source: Public Records

Agents Affiliated with this Home

  • Danielle Walko

    Seller's Agent in 2024

    Danielle Walko

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 465-8965

    3 in this area

    28 Total Sales

    Danielle Walko
    Section Image
  • Jim Fowler

    Buyer's Agent in 2024

    Jim Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 568-7352

    2 in this area

    11 Total Sales

    Jim Fowler
    Section Image

  • E

    Seller's Agent in 2012

    Edith Poggi

    HomeSmart

  • Melissa Johnson

    Buyer's Agent in 2012

    Melissa Johnson

    Geneva Real Estate and Investments

    (480) 326-8495

    20 Total Sales

    Melissa Johnson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6690886

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-61-057A

Arizona Maricopa County Mesa 85205 Central Mesa East

6429 E University Dr Unit 3, Mesa, AZ

This home is located at 6429 E University Dr Unit 3, Mesa, AZ 85205 since 13 April 2024 and is currently estimated at $359,040, approximately $366 per square foot. This property was built in 1971. 6429 E University Dr Unit 3 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

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