NOT LISTED FOR SALE

649 E Marilyn Ave Mesa, AZ 85204

Temple Neighborhood

Estimated Value: $407,048 - $554,000

-- Bed
-- Bath
1,843 Sq Ft
$249/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $136,000 $74 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $2,479/month

68 Days on Market

Highlights

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

About This Home

As of April 2016

DRIVE BY ONLY. DO NOT DISTURB TENANTS. THIS DUPLEX OFFERS ONE UNIT THAT INCLUDES A 3 BEDROOM, 1 BATH UNIT WITH A BASEMENT THAT'S APPROXIMATELY 1250SF AND 1 BEDROOM, 1 BATH UNIT THAT'S APPROXIMATELY 600SF. THIS BUILDING SITS ON 10,324SF LOT. LOTS OF POTENTIAL HERE. NEW ELECTRICAL SYSTEM IN 2010. EXTERIOR GETTING PAINTED EARLY FEB OF 2016. BOTH UNITS ARE RENTED AT THIS TIME, MONTH TO MONTH. THE 1 BEDROOM TENANT HAS BEEN THERE SINCE 2010. THE 3 BEDROOM TENANT HAS BEEN THERE FOR 5 YEARS. TENANTS ARE RESPONSIBLE FOR ELECTRIC. EACH UNIT IS INDIVIDUALLY METERED. IF WATER EXCEEDS $110/MO AVERAGE, TENANTS ARE CHARGED THE DIFFERENCE BY OWNER. BUYER DUE DILIGENCE- VERIFY ALL INFORMATION TO BE VALID AND ACCURATE.

Last Agent to Sell the Property

Ryan Rosscup

Realty ONE Group License #BR534114000 Listed on: 01/01/2016

Last Buyer's Agent

John Tamayo

My Home Group Real Estate License #SA639397000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $602

Year Built

  • Built in 1940

Lot Details

  • 10,324

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Holmes Elementary School
  • Kino Junior High School
  • Mesa High School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer
  • Tax Lot UNK
  • Assessor Parcel Number 139-26-049-R

Community Details

Overview

  • 2 Units
  • Building Dimensions are UNK

Building Details

  • Operating Expense $1,922
  • Net Operating Income $9,298

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$602

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: STAPLEY DR AND BROADWAY RD
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI FAMILY
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: R
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile
  • Appliances: Other (See Remarks), BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks), City Electric
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks, City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 1320.0

Schools

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

Lot Info

  • Lot Size: UNK
  • Additional Parcels: No
  • Parcel #: 139-26-049-R

Multi Family

  • Owner Pays: Other, See Remarks, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Property Net Operating Income: 9298.0
  • Annual Operating Expense: 1922.0

Tax Info

  • Tax Annual Amount: 602.0
  • Tax Book Number: 139.00
  • Tax Lot: UNK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2016
Closed on
Apr 21, 2016
Sold by
Romero Cruz Maria Bojorquez and Jose Eduardo Armenta F
Bought by
Armenta F Jose Eduardo
Seller's Agent
Ryan Rosscup
Realty ONE Group
Buyer's Agent
John Tamayo
My Home Group Real Estate
List Price
$140,000
Sold Price
$136,000
Premium/Discount to List
-$4,000
-2.86%
Current Estimated Value
$459,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,262
Avg. Annual Appreciation
13.65%
Original Mortgage
$105,300
Outstanding Balance
$83,654
Interest Rate
3.68%
Mortgage Type
Commercial
Estimated Equity
$375,608

Purchase Details

Closed on
Jul 28, 2009
Sold by
Us Bank National Association
Bought by
Pandarinath Nanjaiah and Pandarinath Roopa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,625
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2008
Sold by
Briones Martin and Arellano Martina
Bought by
Us Bank National Association

Purchase Details

Closed on
Apr 20, 2004
Sold by
Ramos Elijio
Bought by
Briones Martin and Arellano Martina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,920
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2002
Sold by
Ramos Lorena
Bought by
Ramos Elijio

Purchase Details

Closed on
Feb 13, 2002
Sold by
Burraston Neil and Burraston Amanda
Bought by
Whetton Amy

Purchase Details

Closed on
Mar 10, 1999
Sold by
Smith David
Bought by
Burraston Neil and Burraston Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,950
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 1996
Sold by
Richards William T
Bought by
Richards Sally J and Sally J Richards Revocable Trust

Purchase Details

Closed on
Nov 3, 1995
Sold by
Stevens Sandra
Bought by
Richards William T and Sally J Richards Revocable Trust

Purchase Details

Closed on
Dec 10, 1991
Sold by
Kemp Jack
Bought by
Richards William T and Richards Sally J
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
Armenta F Jose Eduardo -- Driggs Title Agency Inc
Hurtado Juan Pablo -- Driggs Title Agency Inc
Hurtado Juan Pablo $136,000 Driggs Title Agency Inc
Pandarinath Nanjaiah $51,500 Great American Title Agency
Us Bank National Association $110,000 Great American Title Agency
Briones Martin $114,900 --
Ramos Elijio -- Security Title Agency
Ramos Elijio $85,000 Security Title Agency
Whetton Amy -- Chicago Title Insurance Co
Burraston Neil $85,000 Chicago Title Insurance Co
Richards Sally J -- --
Richards William T -- --
Stevens Sandra -- --
Richards William T -- Grand Canyon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurtado Juan Pablo $105,300
Previous Owner Pandarinath Nanjaiah $38,625
Previous Owner Briones Martin $91,920
Previous Owner Burraston Neil $67,950
Closed Burraston Neil $8,500
Closed Briones Martin $22,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2016 04/25/16 Sold $136,000 -2.9% $74 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
01/01/2016 01/01/16 For Sale $140,000 -- $76 / 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 $759 $8,617 -- --
2024 $765 $8,206 -- --
2023 $765 $32,260 $6,450 $25,810
2022 $748 $22,400 $4,480 $17,920
2021 $765 $18,480 $3,690 $14,790
2020 $755 $16,260 $3,250 $13,010
2019 $701 $12,920 $2,580 $10,340
2018 $671 $10,860 $2,170 $8,690
2017 $650 $10,000 $2,000 $8,000
2016 $638 $9,060 $1,810 $7,250
2015 $602 $7,480 $1,490 $5,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5382441

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-26-049R