NOT LISTED FOR SALE

Estimated Value: $316,695 - $391,000

3 Beds
2 Baths
1,402 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $118,000 $84 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $2,053/month

33 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Carpet
  • 4-minute walk to Eagles Park

About This Home

As of March 2014

Centrally located duplex. Large backyard. Sprinkler system for front and back yard. Shade tree in front yard. Sound deadening walls between units. 2 bedroom unit has laminate wood flooring. Become a landlord with 2 tenants with just 1 purchase!

Last Listed By

Nancy Ortega

Geneva Real Estate and Investments License #SA583679000 Listed on: 01/05/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $623

Year Built

  • Built in 1957

Lot Details

  • 7,187

Home Design

  • Composition Roof
  • Block Exterior
  • Siding

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for gas, trash collection, water, sewer
  • Tax Lot A
  • Assessor Parcel Number 138-29-031-D

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7200
  • Temple Villa Subdivision

Building Details

  • Operating Expense $623

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$623

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: Main & Horne
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2013
  • Directions: South on Horne. West on 3rd St. Property on right.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: grei02
  • Co List Office Phone: 602-288-5900
  • Subdivision Name: Temple Villa
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Siding, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

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

Lot Info

  • Lot Size: 7200
  • Additional Parcels: No
  • Parcel #: 138-29-031-D

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Operating Expense: 622.82

Tax Info

  • Tax Annual Amount: 622.82
  • Tax Book Number: 138.00
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2014
Closed on
Feb 7, 2014
Sold by
Payne Todd L
Bought by
Radcliffe Danielle
Seller's Agent
Nancy Ortega
Geneva Real Estate and Investments
Buyer's Agent
Becky Coen
eXp Realty
List Price
$130,000
Sold Price
$118,000
Premium/Discount to List
-$12,000
-9.23%
Total Days on Market
33
Current Estimated Value
$355,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,925
Avg. Annual Appreciation
10.37%
Original Mortgage
$88,500
Outstanding Balance
$67,738
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$286,936

Purchase Details

Closed on
Jun 26, 2012
Sold by
Bradshaw Owens K
Bought by
Payne Todd L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2009
Sold by
Bradshaw Vikki Chantel
Bought by
Bradshaw Owens K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,891
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2005
Sold by
Smith Matthew W and Smith Melanie S
Bought by
Bradshaw Owens K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Redd Dustin H and Redd Cheeri L
Bought by
Smith Matthew W and Smith Melanie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,022
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2001
Sold by
Guthrie Wanda M
Bought by
Redd Dustin H and Redd Cheeri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,686
Interest Rate
7.15%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Radcliffe Danielle $118,000 First American Title Ins Co
Payne Todd L $67,000 Clear Title Agency Of Arizon
Bradshaw Owens K -- First American Title Ins Co
Bradshaw Owens K $158,000 --
Smith Matthew W $128,000 Chicago Title Insurance Co
Redd Dustin H $85,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radcliffe Danielle $88,500
Previous Owner Payne Todd L $50,250
Previous Owner Bradshaw Owens K $195,891
Previous Owner Bradshaw Owens K $194,880
Previous Owner Brandshaw Owens K $56,800
Previous Owner Bradshaw Owens K $126,400
Previous Owner Smith Matthew W $126,022
Previous Owner Redd Dustin H $83,686
Closed Bradshaw Owens K $31,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2014 03/14/14 Sold $118,000 -9.2% $84 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
01/05/2014 01/05/14 For Sale $130,000 -- $93 / 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 $942 $9,595 -- --
2024 $950 $9,138 -- --
2023 $950 $25,230 $5,040 $20,190
2022 $930 $18,730 $3,740 $14,990
2021 $941 $17,280 $3,450 $13,830
2020 $929 $16,150 $3,230 $12,920
2019 $868 $13,970 $2,790 $11,180
2018 $833 $10,800 $2,160 $8,640
2017 $808 $11,050 $2,210 $8,840
2016 $793 $9,630 $1,920 $7,710
2015 $746 $8,430 $1,680 $6,750
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5049919

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-29-031D