NOT LISTED FOR SALE

702 W 1st St Mesa, AZ 85201

West Main Neighborhood

Estimated Value: $393,089 - $423,000

-- Bed
-- Bath
1,728 Sq Ft
$235/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $400,000 $231 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,302/month

6 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of October 2022

Very spacious duplex located in a great location on a corner lot. Front unit is 2 bedroom 1 bath with large kitchen and family room with hard stone counter tops. Back unit is a 1 bed 1 bath has own side entrance for parking off Cherry and a huge yard. Units both have all tile floors, stone countertops with newer cabinets. ! bedroom unit is vacant.

Last Agent to Sell the Property

Brickman Allen

Tradelands Realty License #SA586174000 Listed on: 09/02/2022

Last Buyer's Agent

Diane Nowak

Russ Lyon Sotheby's International Realty License #SA668879000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $855

Year Built

  • Built in 1950

Lot Details

  • 8,451

Home Design

  • Composition Roof
  • Block Exterior

Parking

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

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 135-57-001

Community Details

Overview

  • 2 Units
  • Building Dimensions are 60 x 140
  • Craig Debuf Add Subdivision

Building Details

  • Operating Expense $12,255
  • Gross Income $36,000
  • Net Operating Income $23,745

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$855

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Extension and Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-2
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2021
  • Directions: From Main go North on Extension to 1st St. Then east to property on North side of road.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2000.0
  • Subdivision Name: CRAIG DEBUF ADD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 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

Utilities

  • Electric: City Electric
  • Cooling: Heat Pump, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 1500.0
  • Trash Expense: 500.0
  • Annual Water Sewer Expense: 1500.0

Schools

  • Elementary School: Webster Elementary School
  • High School: Westwood High School
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: 60 x 140
  • Additional Parcels: No
  • Parcel #: 135-57-001

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0
  • Maintenance Expense: 5500.0
  • Property Net Operating Income: 23745.0
  • Annual Operating Expense: 12255.0

Tax Info

  • Tax Annual Amount: 855.0
  • Tax Book Number: 135.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 11, 2022
Sold by
Four Peaks Properties Llc
Bought by
Jones Clifton J
Seller's Agent
Brickman Allen
Tradelands Realty
Buyer's Agent
Diane Nowak
Russ Lyon Sotheby's International Realty
List Price
$400,000
Sold Price
$400,000
Views
21
Current Estimated Value
$404,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,063
Avg. Annual Appreciation
0.28%
Original Mortgage
$340,000
Outstanding Balance
$328,393
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$74,798

Purchase Details

Closed on
Dec 18, 2020
Sold by
Buko Holdings Llc
Bought by
Four Peaks Properties Llc

Purchase Details

Closed on
May 12, 2019
Sold by
Reltso Llc
Bought by
Buko Holdings Llc

Purchase Details

Closed on
May 17, 2011
Sold by
Kieffer Richard G and Kieffer Tamara J
Bought by
Reltso Llc

Purchase Details

Closed on
Jun 21, 2002
Sold by
Kieffer Richard G and Kieffer Mary Ann
Bought by
Kieffer Richard G and Kieffer Tamara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.16%
Mortgage Type
New Conventional
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
Jones Clifton J $400,000 Stewart Title & Trust Of Phoen
Four Peaks Properties Llc $260,000 Chicago Title Agency
Buko Holdings Llc -- None Available
Reltso Llc $62,101 None Available
Kieffer Richard G $118,900 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Clifton J $340,000
Previous Owner Kieffer Richard G $45,000
Previous Owner Kieffer Richard G $148,000
Previous Owner Kieffer Richard G $36,800
Previous Owner Kieffer Richard G $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $400,000 0.0% $231 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $400,000 -- $231 / 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 $848 $9,426 -- --
2024 $856 $8,977 -- --
2023 $856 $29,450 $5,890 $23,560
2022 $838 $22,780 $4,550 $18,230
2021 $855 $19,060 $3,810 $15,250
2020 $843 $16,850 $3,370 $13,480
2019 $785 $14,180 $2,830 $11,350
2018 $751 $11,600 $2,320 $9,280
2017 $728 $10,370 $2,070 $8,300
2016 $715 $9,550 $1,910 $7,640
2015 $673 $8,430 $1,680 $6,750
Source: Public Records

Agents Affiliated with this Home

  • Brickman Allen

    Seller's Agent in 2022

    Brickman Allen

    Tradelands Realty

    (480) 620-8437

    1 in this area

    31 Total Sales

    Section Image

  • D

    Buyer's Agent in 2022

    Diane Nowak

    Russ Lyon Sotheby's International Realty

    (480) 585-7070

    1 in this area

    3 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6458707

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-57-001

Arizona Maricopa County Mesa 85201 West Main

702 W 1st St, Mesa, AZ

This home is located at 702 W 1st St, Mesa, AZ 85201 since 02 September 2022 and is currently estimated at $406,522, approximately $235 per square foot. This property was built in 1950. 702 W 1st St is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Emerson Elementary School, and Franklin West Elementary School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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