NOT LISTED FOR SALE

Estimated Value: $268,000 - $391,000

4 Beds
-- Bath
1,948 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $180,000 $92 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,782/month

31 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating System Uses Natural Gas

About This Home

As of April 2019

GREAT HOUSE DUPLEX JUST DOWN THE STREET FROM THE MESA TEMPLE. HOUSE BOASTS A BASEMENT, 4 BEDROOMS, 2 BATHROOMS, AND THE BASEMENT HAS ITS OWN KITCHEN AND ACCESS. GREAT LOCATION IN A GREAT NEIGHBORHOOD CLOSE TO SHOPPING, FREEWAY ACCESS, RESTAURANTS, AND MUCH MORE!!! BUYER MUST VERIFY ALL FACTS AND FIGURES. UNDERMARKET RENT AT $1,300 A MONTH. LOTS OF UPSIDE!!!

Last Agent to Sell the Property

Daniel Shreeve

Arizona Platinum Properties LLC License #BR572199000 Listed on: 01/22/2019

Last Buyer's Agent

Daniel Shreeve

Arizona Platinum Properties LLC License #BR572199000 Listed on: 01/22/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $826

Year Built

  • Built in 1952

Lot Details

  • 8,320

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking

Schools

  • Lowell Elementary School - Mesa
  • Kino Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for water, sewer, landscaping
  • Assessor Parcel Number 138-28-051

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8299
  • Allen Park Addn. Subdivision

Building Details

  • Operating Expense $4,926
  • Net Operating Income $11,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$826

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: STAPLEY & MAIN ST
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1952
  • Tax Year: 2018
  • Directions: South on Stapley to 2nd Ave, turn west to home (down about a half mile). The home is on the N/W corner of Ashland and 2nd ave.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1200.0
  • Subdivision Name: ALLEN PARK ADDN.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Lowell Elementary School - Mesa
  • High School: Mesa High School
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 8299
  • Additional Parcels: No
  • Parcel #: 138-28-051

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Insurance Expense: 900.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 11500.0
  • Annual Operating Expense: 4926.0

Tax Info

  • Tax Annual Amount: 826.0
  • Tax Book Number: 138.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Apr 17, 2019
Sold by
Incplex Llc
Bought by
Lucky Mac Llc
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
List Price
$229,000
Sold Price
$180,000
Premium/Discount to List
-$49,000
-21.4%
Total Days on Market
31
Current Estimated Value
$321,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,133
Avg. Annual Appreciation
10.55%
Original Mortgage
$150,000
Outstanding Balance
$101,499
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,647

Purchase Details

Listed on
Jan 24, 2014
Closed on
Mar 3, 2014
Sold by
Haws Edwin
Bought by
Incplex Llc
Seller's Agent
Susan Targowski
Realty ONE Group
Buyer's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
List Price
$116,900
Sold Price
$84,500
Premium/Discount to List
-$32,400
-27.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%

Purchase Details

Closed on
Jan 2, 2014
Sold by
Peterson Orville Max
Bought by
Haws Edwin

Purchase Details

Closed on
Sep 6, 2013
Sold by
Peterson Norma Jean
Bought by
Haws Edwin

Purchase Details

Closed on
Feb 23, 1996
Sold by
Peterson Coral S
Bought by
Peterson Leo C and The Coral S Peterson Revocable Trust

Purchase Details

Closed on
Jan 5, 1996
Sold by
Peterson Orville Max and Peterson Leo C
Bought by
Peterson Coral S

Purchase Details

Closed on
Dec 1, 1995
Sold by
Peterson Orville Max and Peterson Leo C
Bought by
Peterson Coral S
Source: Public Records

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
Lucky Mac Llc $177,000 Empire West Title Agency Llc
Incplex Llc $84,500 Security Title Agency
Haws Edwin -- None Available
Haws Edwin -- Security Title Agency
Peterson Leo C -- --
Peterson Coral S -- --
Peterson Coral S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucky Mac Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $180,000 -17.8% $92 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/15/2019 02/15/19 Price Changed $219,000 -4.4% $112 / Sq Ft
02/15/2019 02/15/19 For Sale $229,000 0.0% $118 / Sq Ft
02/15/2019 02/15/19 Price Changed $229,000 -0.4% $118 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
02/06/2019 02/06/19 Price Changed $229,900 -3.8% $118 / Sq Ft
01/28/2019 01/28/19 Price Changed $238,900 0.0% $123 / Sq Ft
01/22/2019 01/22/19 For Sale $239,000 +182.8% $123 / Sq Ft
03/05/2014 03/05/14 Sold $84,500 -11.0% $43 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
02/19/2014 02/19/14 Price Changed $94,900 -18.8% $49 / Sq Ft
02/18/2014 02/18/14 For Sale $116,900 0.0% $60 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $116,900 -- $60 / 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 $933 $9,509 -- --
2024 $941 $9,057 -- --
2023 $941 $21,730 $4,340 $17,390
2022 $922 $16,710 $3,340 $13,370
2021 $933 $14,280 $2,850 $11,430
2020 $921 $12,620 $2,520 $10,100
2019 $860 $10,330 $2,060 $8,270
2018 $826 $8,150 $1,630 $6,520
2017 $801 $11,510 $2,300 $9,210
2016 $786 $10,600 $2,120 $8,480
2015 $739 $9,400 $1,880 $7,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5871652

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-28-051