NOT LISTED FOR SALE

644 S Horne Mesa, AZ 85204

Temple Neighborhood

Estimated Value: $494,394 - $652,000

-- Bed
-- Bath
2,208 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $350,000 $159 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,174/month

22 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of June 2020

Fully Occupied Triplex with the Average rent at $1100 per unit is just Minutes to Tempe Marketplace or Dobson Square and the 60 Freeway. All 2 Bedroom Units with all 1 bathroom. Great for Investor or Owner Occupant. All Facts and Figures to Be Veriffied by Buyer. Units are fully occupied. Unit 1; $1200 / Unit 2; $1250.00 / Unit 3; $1100.00 = Monthly RENT = $3,550.00
Drive by only until a signed contract is in place, Please do not disturb tenants!

Last Agent to Sell the Property

Morgan Venetos

My Home Group Real Estate License #SA674197000 Listed on: 04/11/2020

My Home Group Real Estate

Last Buyer's Agent

Todd Schowengerdt

HomeSmart License #SA525880000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $956

Year Built

  • Built in 1982

Lot Details

  • 8,494

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 139-26-140

Community Details

Overview

  • 3 Units
  • Building Dimensions are 101x81
  • Central Mesa Subdivision

Building Details

  • Operating Expense $2,756
  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$956

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Mesa and Southern
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: r-2
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: Central Mesa
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks
  • Amenities: Other

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Lot Info

  • Lot Size: 101x81
  • Additional Parcels: No
  • Parcel #: 139-26-140

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 39600.0
  • Annual Operating Expense: 2756.0

Tax Info

  • Tax Annual Amount: 956.0
  • Tax Book Number: 139.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2020
Closed on
Jun 3, 2020
Sold by
Gazelle Investors Llc
Bought by
Hansen Rex and Hansen Natalie
Seller's Agent
Morgan Venetos
My Home Group Real Estate
Buyer's Agent
Todd Schowengerdt
HomeSmart
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%
Total Days on Market
22
Current Estimated Value
$552,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,599
Avg. Annual Appreciation
9.48%
Original Mortgage
$280,000
Outstanding Balance
$204,385
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$348,214

Purchase Details

Closed on
Jan 5, 2020
Sold by
Magnum Financial Llc
Bought by
Gazelle Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2019
Sold by
Lawrence Gilbert E and Gilbert E Lawrence Family Livi
Bought by
Magnum Financing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2009
Sold by
Maricopa County
Bought by
Lawrence Gilbert E and The Gilbert E Lawrence Family Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,297
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
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
Hansen Rex $350,000 Fidelity Natl Ttl Agcy Inc
Gazelle Investors Llc $340,000 Grand Canyon Title Agency
Magnum Financing Llc $225,000 Grand Canyon Title Agency
Lawrence Gilbert E $95,100 Greystone Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Rex $280,000
Previous Owner Gazelle Investors Llc $225,000
Previous Owner Gazelle Investors Llc $225,000
Previous Owner Lawrence Gilbert E $94,297
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $350,000 0.0% $159 / Sq Ft
04/10/2020 04/10/20 Price Changed $349,999 +0.3% $159 / Sq Ft
04/10/2020 04/10/20 For Sale $349,000 -- $158 / 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 $1,038 $10,573 -- --
2024 $1,046 $10,070 -- --
2023 $1,046 $35,650 $7,130 $28,520
2022 $1,025 $24,850 $4,970 $19,880
2021 $1,037 $20,220 $4,040 $16,180
2020 $1,024 $18,610 $3,720 $14,890
2019 $956 $15,210 $3,040 $12,170
2018 $918 $13,900 $2,780 $11,120
2017 $891 $11,970 $2,390 $9,580
2016 $874 $11,130 $2,220 $8,910
2015 $822 $9,450 $1,890 $7,560
Source: Public Records

Agents Affiliated with this Home

  • Morgan Venetos

    Seller's Agent in 2020

    Morgan Venetos

    My Home Group

    (602) 819-4720

    46 Total Sales

    Morgan Venetos
    Section Image
  • Todd Schowengerdt

    Buyer's Agent in 2020

    Todd Schowengerdt

    HomeSmart

    (480) 228-1441

    8 Total Sales

    Todd Schowengerdt
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6064942

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-26-140

Arizona Maricopa County Mesa 85204 Temple

644 S Horne, Mesa, AZ

This home is located at 644 S Horne, Mesa, AZ 85204 since 11 April 2020 and is currently estimated at $552,599, approximately $250 per square foot. This property was built in 1982. 644 S Horne is a home located in Maricopa County with nearby schools including Holmes 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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