$135,000
SOLD JAN 6, 2012
-- Bed
-- Bath
3,220 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

5% Below List Price

37 Days on Market

Highlights

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

About This Home

As of January 2012

WOW! Owner occupant and Investor opportunity. Recently repaired and painted units with fresh carpeting, they all look nice and clean. 4x 2 bedroom units look sharp! Close to all the major amenities and major shopping. Purchase this property for as little as 3% down! This property is approved for Seller special financing! Ask your agent!

Last Agent to Sell the Property

Greg Crespo

Blend Realty License #BR557682000 Listed on: 11/16/2011

Co-Listed By

Russell Shaffer Jr.

HomeSmart License #SA553808000

Last Buyer's Agent

Daniel Rosenbaum

Rosenbaum Realty Group License #BR636314000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,278

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • Legal Lot and Block 8 / 6
  • Assessor Parcel Number 141-58-067

Community Details

Overview

  • 4 Units
  • Building Dimensions are 160 x 160

Building Details

  • Operating Expense $1,278

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,278

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Main St & Power Rd.
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2010
  • Directions: S TO ALDER W TO PROPERTY
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: matt01
  • Co List Office Phone: 480-355-1400
  • Subdivision Name: unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Paved Parking: 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
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 160 x 160
  • Additional Parcels: No
  • Parcel #: 141-58-067

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1278.0

Tax Info

  • Tax Annual Amount: 1278.0
  • Tax Block: 6
  • Tax Book Number: 141.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2011
Closed on
Dec 29, 2011
Sold by
Federal National Mortgage Association
Bought by
Rosenbaum Realty Llc
Seller's Agent
Greg Crespo
Blend Realty
Buyer's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
List Price
$141,500
Sold Price
$135,000
Premium/Discount to List
-$6,500
-4.59%
Current Estimated Value
$672,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,500
Avg. Annual Appreciation
11.83%

Purchase Details

Closed on
Jul 19, 2010
Sold by
Rivas Ramiro
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 27, 2004
Sold by
Villagran Amelia
Bought by
Rivas Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,400
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Allen David A and Allen Becky Lea
Bought by
Rivas Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,400
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Type Sale Price Title Company
Cash Sale Deed $135,000 Guaranty Title Agency
Trustee Deed $82,900 First American Title
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $255,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $722,000 Stand Alone Refi Refinance Of Original Loan
Closed $194,406 Future Advance Clause Open End Mortgage
Previous Owner $292,000 Unknown
Previous Owner $204,400 Purchase Money Mortgage
Previous Owner $87,741 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2014 06/01/14 Rented $600 +0.2% --
06/01/2014 06/01/14 Under Contract -- -- --
05/14/2014 05/14/14 For Rent $599 0.0% --
01/06/2012 01/06/12 Sold $135,000 -4.6% $42 / Sq Ft
12/23/2011 12/23/11 Pending -- -- --
11/16/2011 11/16/11 For Sale $141,500 -- $44 / 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 $1,178 $11,998 -- --
2024 $1,187 $11,427 -- --
2023 $1,187 $42,820 $8,560 $34,260
2022 $1,163 $31,710 $6,340 $25,370
2021 $1,177 $26,660 $5,330 $21,330
2020 $1,162 $24,530 $4,900 $19,630
2019 $1,085 $20,500 $4,100 $16,400
2018 $1,042 $19,950 $3,990 $15,960
2017 $1,011 $18,200 $3,640 $14,560
2016 $992 $15,860 $3,170 $12,690
2015 $932 $13,250 $2,650 $10,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4678045

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-58-067