6749 E Alder Ave Mesa, AZ 85206
Central Mesa East Neighborhood
--
Bed
--
Bath
1,297
Sq Ft
9,365
Sq Ft Lot
Highlights
- Evaporated cooling system
- Franklin at Brimhall Elementary School Rated A
- Individual Controls for Heating
About This Home
As of April 2020Power Road Corridor! This Very Unique Income Property Offers More than Just Income. This Almost Half an Acre (19,200 square Feet) Would be a Small Contractor's Delight. Not Only does it Offer a Great Cash Flow but a Place to Park Vehicles or Equipment and More. Super Location Just off Power Road Just South of Main Near Shopping, Hospitals, Freeways and More. All Facts and Figures are Approximate Buyer to Verify to Their Satisfaction.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 05/18/2018
Last Buyer's Agent
Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 05/18/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $876
Year Built
- Built in 1949
Lot Details
- Additional Parcels
Home Design
- Wood Frame Construction
- Composition Roof
- Built-Up Roof
Parking
- 9 Open Parking Spaces
- 9 Parking Spaces
Utilities
- Evaporated cooling system
- Cooling System Mounted To A Wall/Window
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water
- Legal Lot and Block 11 / 7
- Assessor Parcel Number 141-58-085
Community Details
Overview
- 3 Buildings
- 6 Units
- Building Dimensions are 60x160 & 60x160
- Desert Wells Amd Subdivision
Building Details
- Operating Expense $15,332
- Gross Income $34,884
- Net Operating Income $19,587
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2020
Closed on
Apr 9, 2020
Sold by
Mcguire Corrie and Mcguire Andrew John
Bought by
Mcguire Andrew John
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Timothy Ehlen
RE/MAX Signature
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Total Days on Market
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$114,603
Avg. Annual Appreciation
-5.40%
Original Mortgage
$172,500
Outstanding Balance
$154,190
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$191,207
Purchase Details
Listed on
May 18, 2018
Closed on
Jul 10, 2018
Sold by
Power Plex Llc
Bought by
Leon Jonathan M
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
List Price
$264,900
Sold Price
$255,000
Premium/Discount to List
-$9,900
-3.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.09%
Original Mortgage
$75,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
May 18, 2018
Closed on
Jun 29, 2018
Sold by
Contreras Araceli and Leon Jonathan
Bought by
Leon Jonathan
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
List Price
$264,900
Sold Price
$255,000
Premium/Discount to List
-$9,900
-3.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 28, 2008
Sold by
Beginning Abundant Life Ministries
Bought by
Power Plex Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 21, 2003
Sold by
Radowski Bernard
Bought by
Beginning Abundant Life Ministries
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.93%
Mortgage Type
Seller Take Back
Similar Homes in Mesa, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Warranty Deed | $230,000 | Security Title Agency | |
| Warranty Deed | $255,000 | Premier Title Agency | |
| Interfamily Deed Transfer | -- | Premier Titel Agency | |
| Warranty Deed | $102,000 | Fidelity Natl Title Ins Co | |
| Warranty Deed | $243,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $172,500 | New Conventional | |
| Previous Owner | $75,000 | Purchase Money Mortgage | |
| Previous Owner | $76,500 | Purchase Money Mortgage | |
| Previous Owner | $243,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2020 04/10/20 | Sold | $460,000 | +2.2% | $355 / Sq Ft |
| 04/01/2020 04/01/20 | Price Changed | $450,000 | 0.0% | $347 / Sq Ft |
| 03/10/2020 03/10/20 | Pending | -- | -- | -- |
| 02/21/2020 02/21/20 | Pending | -- | -- | -- |
| 02/17/2020 02/17/20 | For Sale | $450,000 | +76.5% | $347 / Sq Ft |
| 07/12/2018 07/12/18 | Sold | $255,000 | -3.7% | $197 / Sq Ft |
| 06/20/2018 06/20/18 | Pending | -- | -- | -- |
| 06/06/2018 06/06/18 | For Sale | $264,900 | 0.0% | $204 / Sq Ft |
| 06/06/2018 06/06/18 | Price Changed | $264,900 | 0.0% | $204 / Sq Ft |
| 05/23/2018 05/23/18 | Pending | -- | -- | -- |
| 05/18/2018 05/18/18 | For Sale | $264,900 | -- | $204 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $506 | $5,155 | -- | -- |
| 2024 | $510 | $4,910 | -- | -- |
| 2023 | $510 | $17,200 | $3,430 | $13,770 |
| 2022 | $500 | $12,750 | $2,540 | $10,210 |
| 2021 | $506 | $11,340 | $2,260 | $9,080 |
| 2020 | $499 | $10,390 | $2,070 | $8,320 |
| 2019 | $466 | $8,560 | $1,710 | $6,850 |
| 2018 | $448 | $7,370 | $1,470 | $5,900 |
| 2017 | $434 | $7,080 | $1,410 | $5,670 |
| 2016 | $426 | $6,120 | $1,220 | $4,900 |
| 2015 | $401 | $5,190 | $1,030 | $4,160 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Fowler
Seller's Agent in 2020
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
(602) 430-5843
4 in this area
67 Total Sales
-
Steven Cvetanovich
Seller Co-Listing Agent in 2020
Steven Cvetanovich
Better Homes & Gardens Real Estate SJ Fowler
(480) 323-5672
5 in this area
42 Total Sales
-
Timothy Ehlen
Buyer's Agent in 2020
Timothy Ehlen
RE/MAX
(602) 320-7056
5 in this area
173 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5768026
APN: 141-58-085
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
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