$292,000
SOLD APR 24, 2020

65 S Alma School Rd Mesa, AZ 85210

West Main Neighborhood
-- Bed
-- Bath
2,213 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

2% Above List Price

20 Days on Market

Highlights

  • Evaporated cooling system
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of April 2020

Great source of income! 3 bed 2 bath front unit and 2 bed, 1 bath back unit. Both units are currently occupied. Potential to build on additional units! Tenants are month to month and can stay or leave. Front unit rents for $1500/mo and back unit rents for $1200/mo. $90-120/month for water, trash and sewer. Previously listed at $350,000. Owner needed to sell fast, and is now priced to sell as a wholesale offer. Cash offer quick close ideal.

Last Agent to Sell the Property

Jason Moss

RCP Real Estate LLC License #BR629382000 Listed on: 02/07/2020

Last Buyer's Agent

Maged Nagi

HomeSmart License #SA683602000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1975

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Parking

  • 3 Open Parking Spaces
  • 7 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Webster Elementary School
  • Carson Junior High Middle School
  • Dobson High School

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 134-04-008-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 157.88 x 60.47

Building Details

  • Operating Expense $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,100

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Cross Street: Main and Alma School
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1975
  • Tax Year: 2019
  • Directions: S on Alma School to home on E side of street
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Stucco, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling, Electric
  • 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, No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Elementary School: Webster Elementary School
  • High School: Dobson High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: 157.88 x 60.47
  • Additional Parcels: No
  • Parcel #: 134-04-008-A

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 1100.0

Tax Info

  • Tax Annual Amount: 1100.0
  • Tax Book Number: 134.00
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2021
Sold by
Al Abyadh Jalal K and Al Rubaiawi Israa
Bought by
Deligoz Ilker
Current Estimated Value
$403,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 16, 2020
Sold by
Jackson Ensign Development Co Llc
Bought by
Al Abyadh Jalal K and Al Rubaiawi Israa
Seller's Agent
Jason Moss
RCP Real Estate LLC
Buyer's Agent
Maged Nagi
HomeSmart
List Price
$285,000
Sold Price
$292,000
Premium/Discount to List
$7,000
2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$219,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2020
Sold by
Davis Robert Louis and Davis Robert Louis
Bought by
Jackson Ensign Development Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2017
Sold by
Urban Music Report Llc
Bought by
Davis Robert Louis and Davis Robert Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2016
Sold by
Remy Holdings Llc
Bought by
Urban Music Report Llc

Purchase Details

Closed on
Apr 8, 2014
Sold by
Shreeve Daniel J
Bought by
Remy Holdings Llc

Purchase Details

Listed on
Apr 7, 2012
Closed on
Jul 25, 2012
Sold by
Cluff Debra Marie
Bought by
Shreve Daniel J
Seller's Agent
Roger Childers
AZ Real Estate Options, LLC
Buyer's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%
Original Mortgage
$52,500
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Warranty Deed $320,000 West Title Agency
Warranty Deed $292,000 Driggs Title Agency Inc
Warranty Deed $222,500 Driggs Title Agency Inc
Special Warranty Deed -- Magnus Title Agency
Cash Sale Deed $100,000 Pioneer Title Agency Inc
Quit Claim Deed -- None Available
Warranty Deed $75,000 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,000 New Conventional
Closed $273,000 Commercial
Previous Owner $219,000 New Conventional
Previous Owner $175,000 Purchase Money Mortgage
Previous Owner $52,500 New Conventional
Previous Owner $38,100 Unknown
Previous Owner $40,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $292,000 +2.5% $132 / Sq Ft
04/13/2020 04/13/20 For Sale $285,000 0.0% $129 / Sq Ft
04/13/2020 04/13/20 Price Changed $285,000 0.0% $129 / Sq Ft
04/07/2020 04/07/20 For Sale $285,000 0.0% $129 / Sq Ft
04/07/2020 04/07/20 Price Changed $285,000 0.0% $129 / Sq Ft
03/30/2020 03/30/20 For Sale $285,000 0.0% $129 / Sq Ft
03/30/2020 03/30/20 Price Changed $285,000 0.0% $129 / Sq Ft
03/19/2020 03/19/20 For Sale $285,000 0.0% $129 / Sq Ft
03/19/2020 03/19/20 Price Changed $285,000 0.0% $129 / Sq Ft
02/07/2020 02/07/20 For Sale $285,000 +280.0% $129 / Sq Ft
07/27/2012 07/27/12 Sold $75,000 -6.1% $34 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
05/28/2012 05/28/12 For Sale $79,900 0.0% $36 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
05/21/2012 05/21/12 Price Changed $79,900 -11.1% $36 / Sq Ft
04/25/2012 04/25/12 Price Changed $89,900 -10.0% $41 / Sq Ft
04/16/2012 04/16/12 For Sale $99,900 0.0% $45 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
04/07/2012 04/07/12 For Sale $99,900 -- $45 / 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 $1,193 $12,156 -- --
2024 $1,203 $11,578 -- --
2023 $1,203 $32,870 $6,570 $26,300
2022 $1,178 $24,420 $4,880 $19,540
2021 $1,025 $19,620 $3,920 $15,700
2020 $1,012 $17,350 $3,470 $13,880
2019 $1,100 $13,450 $2,690 $10,760
2018 $1,055 $14,330 $2,860 $11,470
2017 $1,024 $11,980 $2,390 $9,590
2016 $1,005 $13,370 $2,670 $10,700
2015 $945 $11,050 $2,210 $8,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6034466

Arizona Regional Multiple Listing Service (ARMLS)

APN: 134-04-008A