NOT LISTED FOR SALE

6448 E Butte St Mesa, AZ 85205

Central Mesa East Neighborhood

Studio

2 Baths

1,979 Sq Ft

9,670 Sq Ft Lot

Date Sold: July 9, 2019

Last sale price $455,000 $230 Per Sq Ft

150 Days on Market

Highlights

Clubhouse
Heated Community Pool
Ceramic Tile Flooring
Franklin at Brimhall Elementary School Rated A
Shuffleboard Court
Multiple cooling system units

About This Home

As of July 2019

Excellent investment opportunity with stable tenant base in this 55+ community. One building consists of three 800 square foot one bedroom units, and two 2 bedroom/2 bath units ranging in size from 1450 to 1979 square feet. Rents average $3200 per month. Largest unit has wood burning fireplace, very large kitchen and separate family room and living room. Next largest unit is very light and bright and has very large living room with picture window and spacious bedrooms. All units have patio areas in the front and back.

This listing includes two parcels 141-61-061 and 141-61-062.

Do not disturb occupants. Showings by appointment only.

Last Agent to Sell the Property

Jill Anderson

Russ Lyon Sotheby's International Realty License #SA538355000 Listed on: 01/15/2019

Co-Listed By

Katie Atkison

Realty ONE Group License #SA558149000

Last Buyer's Agent

Julie Rickli

Better Homes & Gardens Real Estate SJ Fowler License #SA655771000

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Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,246

Year Built

Built in 1972

Lot Details

9,670

Home Design

Brick Exterior Construction
Wood Frame Construction
Composition Roof
Block Exterior
Siding

Flooring

Carpet
Ceramic Tile
Vinyl

Parking

10 Open Parking Spaces
10 Parking Spaces

Schools

Adult Elementary And Middle School
Adult High School

Utilities

Multiple cooling system units
Multiple Heating Units
Heat Pump System
Individual Controls for Heating
Separate Meters
Master Water Meter
Septic Tank

Additional Features

Ceiling Fan
Additional Parcels

Listing and Financial Details

Tenant pays for electricity, cable TV
The owner pays for trash collection, water, sewer, landscaping
Tax Lot 263
Assessor Parcel Number 141-61-062

Community Details

Overview

5 Units
Building Dimensions are 202.94' x 95.60
Velda Rose Estates East Subdivision

Amenities

Clubhouse
Game Room

Recreation

Shuffleboard Court
Heated Community Pool

Building Details

Operating Expense $13,012
Gross Income $46,356
Net Operating Income $33,344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,246

Year Built

Built in 1972

Lot Details

9,670 Sq Ft Lot

Listing Details

Cross Street: Recker Road and University Drive
Legal Info Range: 6E
Property Type: Multiple Dwellings
Zoning: R-3
Number Of Buildings: 1
Ownership: Fee Simple
Year Built: 1972
Tax Year: 2018
Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
Professional Management Expense: 3000.0
Co List Office Mls Id: lyon05
Co List Office Phone: 480-488-2400
Subdivision Name: VELDA ROSE ESTATES EAST
Cooling:Ceiling Fan(s): Yes
Construction Brick: Yes
Special Features: None
Property Sub Type: MultiFamily

Interior Features

Flooring: Carpet, Ceramic Tile, Vinyl
Appliances: BI Oven/Range, F/S Oven/Range, Microwave, W/D Hookup
Appliances Included:FS OvenRange: Yes
Appliances Included:Microwave2: Yes
Appliances Included:WD Hookup: Yes
Appliances Included:BI OvenRange: Yes
Appliances Included:Refrigerator2: Yes
Appliances Included:Dishwasher2: Yes
Appliances Included:Disposal2: Yes

Exterior Features

Disclosures: Seller Prop Disc Stm
Construction Type: Siding, Brick Veneer, Painted, Block, Brick, Frame - Wood
Roof: Composition
Construction:Frame - Wood: Yes
Construction:Block: Yes

Garage/Parking

Parking Features: >1 Space Per Unit
Attached Garage: No
Open Parking Spaces: 10.0
Total Parking Spaces: 10.0
General Property Description:Uncvrd Parking Spcs: 10.0
General Property Description:Total Parking Spcs: 10.0
Parking:_greater_1 Space Per Unit: Yes

Utilities

Electric: SRP, Individual Meter
Cooling: 2 or More Units, Individual, Heat Pump, Electric, Ceiling Fan(s)
Heating: Individual, Heat Pump, 2 or More Units, Electric
Cooling Y N: Yes
Heating Yn: Yes
Water Source: City Franchise, Master Meter
Heating:Electric: Yes
Sewer Septic Tank: Yes
Heating:Individual: Yes
Heating:Heat Pump2: Yes
Heating:_two_ or More Units3: Yes

Condo/Co-op/Association

Community Features: Shuffle Brd/Lawn Bwl, Game/Rec Room, Clubhouse, Pool

Association/Amenities

Exterior Amenities:Landscape Wtr System: Yes
Exterior Amenities:PatioBalcony: Yes
Interior Amenities:FireSmoke Alarm(s): Yes
Interior Amenities:Mini Blinds: Yes
Community Amenities:Pool2: Yes
Interior Amenities:Shutters2: Yes
Community Amenities:Clubhouse: Yes
Community Amenities:GameRec Room: Yes
Community Amenities:Shuffle BrdLawn Bwl: Yes

Fee Information

Trash Expense: 1200.0
Annual Water Sewer Expense: 1010.0

Schools

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

Lot Info

Lot Size: 202.94' x 95.60
Additional Parcels: Yes
Parcel #: 141-61-062

Multi Family

Owner Pays: Trash Collection, Water, Sewer, Landscaping
Tenant Pays: Electricity, Cable TV
Number Of Units Total: 5
Annual Gross Income: 46356.0
Insurance Expense: 800.0
Maintenance Expense: 2100.0
Property Net Operating Income: 33344.0
Annual Operating Expense: 13012.0

Tax Info

Tax Annual Amount: 2246.0
Tax Book Number: 141.00
Tax Lot: 263

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Nov 2020 - Present 5 Years and 10 Months

Private Individual

Purchase Details

Closed on

Nov 9, 2020

Sold by

Marie Binder

Bought by

May 2016 - Nov 2020 Green Street Group Properties Llc 4 Years and 6 Months

Company

Purchase Details

Listed on

Mar 2, 2016

Closed on

May 20, 2016

Sold by

Mdjd Ventures Llc

Bought by

Green Street Group Properties Llc

Seller's Agent

Mark Cassaday

DeLex Realty

Buyer's Agent

Jill Anderson

Russ Lyon Sotheby's International Realty

List Price

$435,000

Sold Price

$400,000

Premium/Discount to List

-$35,000

-8.05%

Oct 2007 - May 2016 Mdjd Ventures Llc 8 Years and 7 Months

Company

Purchase Details

Closed on

Oct 26, 2007

Sold by

Cassaday Calvin and Cassaday Janet D

Bought by

Mdjd Ventures Llc

Original Mortgage

$325,000

Interest Rate

6.29%

Mortgage Type

Seller Take Back

Source: Public Records

Agents Specializing in Central Mesa East, AZ

Melissa Twitchell

Responds Quickly

eXp Realty

(623) 263-0719

112 Total Sales

1 in Central Mesa East

$430,000 Price

Melissa Twitchell
Terri King

Responds Quickly

Lori Blank & Associates, LLC

(623) 244-5363

90 Total Sales

1 in Central Mesa East

$270,000 Price

Terri King
David Harvey

Real Broker

(844) 727-0084

101 Total Sales

2 in Central Mesa East

$265K - $366K Price Range

David Harvey
DS

Devin Snow

Snow Realty & Property Management

(833) 499-0362

65 Total Sales

11 in Central Mesa East

$214K - $485K Price Range

Devin Snow
R. Chris Reece

Good Oak Real Estate

(623) 663-4503

127 Total Sales

3 in Central Mesa East

$328K - $505K Price Range

R. Chris Reece
Edith 'Eydie' Fernandez

HomeSmart

(623) 254-4398

41 Total Sales

1 in Central Mesa East

$375,000 Price

Edith 'Eydie' Fernandez

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Buyer	Sale Price	Title Company
	--	None Listed On Document
Green Street Group Properties Llc	$395,000	Security Title Agency Inc
Mdjd Ventures Llc	$325,000	Security Title Agency Inc

Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Status	Borrower	Loan Amount
	Previous Owner		$325,000

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Event	Price	List to Sale	Price per Sq Ft	Prior Sale
07/09/2019 07/09/19	Sold	$455,000	-4.2%	$230 / Sq Ft
06/13/2019 06/13/19	Pending	--	--	--
06/04/2019 06/04/19	For Sale	$475,000	0.0%	$240 / Sq Ft
05/21/2019 05/21/19	For Sale	$475,000	+4.4%	$240 / Sq Ft
05/20/2019 05/20/19	Pending	--	--	--
04/10/2019 04/10/19	Off Market	$455,000	--	--
02/21/2019 02/21/19	Pending	--	--	--
01/23/2019 01/23/19	Pending	--	--	--
01/14/2019 01/14/19	For Sale	$475,000	+18.8%	$240 / Sq Ft
05/27/2016 05/27/16	Sold	$400,000	-8.0%	$202 / Sq Ft	View Prior Sale
04/20/2016 04/20/16	Pending	--	--	--
03/02/2016 03/02/16	For Sale	$435,000	--	$220 / Sq Ft

Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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	$262	$2,707	$2,707
2024	$265	$2,578	$2,578
2023	$265	$8,520	$8,520	$0
2022	$257	$6,400	$6,400	$0
2021	$257	$5,580	$5,580	$0
2020	$254	$5,100	$5,100	$0
2019	$240	$4,080	$4,080	$0
2018	$233	$3,950	$3,950	$0
2017	$228	$3,430	$3,430	$0
2016	$220	$3,070	$3,070	$0
2015	$207	$2,680	$2,680	$0

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2019

Jill Anderson

Russ Lyon Sotheby's International Realty

124 Total Sales

Jill Anderson
Seller Co-Listing Agent in 2019

Katie Atkison

Realty One Group

(602) 769-1910

29 Total Sales

Katie Atkison
Buyer's Agent in 2019

Julie Rickli

Better Homes & Gardens Real Estate SJ Fowler

(602) 620-4263

65 in this area

104 Total Sales

Julie Rickli
MC

Seller's Agent in 2016

Mark Cassaday

DeLex Realty
ML

Buyer's Agent in 2014

Maria Lamanna

Realty One Group
MC

Buyer's Agent in 2014

Maria Card

CENTURY 21 SOLUTIONS

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5867903

APN: 141-61-062

Arizona Maricopa County Mesa 85205 Central Mesa East

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.

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

6448 E Butte St Mesa, AZ 85205

Sale Details

Highlights

About This Home

Property Details

Home Type

Est. Annual Taxes

Year Built

Lot Details

Home Design

Flooring

Parking

Schools

Utilities

Additional Features

Listing and Financial Details

Community Details

Overview

Amenities

Recreation

Building Details

Property Details

Listing Details

Interior Features

Exterior Features

Garage/Parking

Utilities

Condo/Co-op/Association

Association/Amenities

Fee Information

Schools

Lot Info

Multi Family

Tax Info

Ownership History

Purchase Details

Purchase Details

Purchase Details

Home Financials for this Owner

Home Values in the Area

Average Home Value in this Area

Agents Specializing in Central Mesa East, AZ

Purchase History

Mortgage History

Property History

Tax History

Agents Affiliated with this Home

Map