NOT LISTED FOR SALE

Estimated Value: $242,000 - $581,000

Studio
3 Baths
1,800 Sq Ft
$258/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2021

Last sale price $550,000 $306 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,604 / mo

32 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Two cooling system units
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Partially Fenced Property

About This Home

As of October 2021

Great 4-Plex in Downtown Mesa. Close to the light rail, fully leased at market values with no HOA. Lots of remodel has been done recently to this units. Great Investment property! Buyer(s) to do their own due diligence. Unit 1- $1000, Unit 2-$950 Unit 3-$1100, Unit 4- $1200.

Last Agent to Sell the Property

Alan Billingsley

ADB Realty LLC License #BR548218000 Listed on: 08/27/2021

Last Buyer's Agent

Shelly Farley

RE/MAX Fine Properties License #BR516886000

RE/MAX Fine Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $851

Year Built

  • Built in 1931

Lot Details

  • Partially Fenced Property

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • Blinds
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

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

Utilities

  • Two cooling system units
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water, sewer, electricity, trash collection
  • Tax Lot 15
  • Assessor Parcel Number 135-57-102

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 6970
  • Craig Debuf Add Subdivision

Building Details

  • Operating Expense $851
  • Gross Income $51,000
  • Net Operating Income $7,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$851

Year Built

Built in 1931

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Main & Extension
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1931
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: Craig Debuf ADD
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: 2 or More Units, Window/Wall Unit
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: City Electric
  • Special:Special: Accept Backups (CLO)
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Refrigerator, Disposal, Microwave
  • Interior Features:Interior Features: Unfurnished, Fire/Smoke Alarm(s), Mini Blinds

Exterior Features

  • Disclosures: None
  • Construction Type: Brick, Wood Frame, Stucco
  • Roof: Rolled/Hot Mop
  • Exterior Amenities: Partially Fenced

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • Parking Features:Parking Features: >1 Space Per Unit

Utilities

  • Electric: City Electric
  • Cooling: 2 or More Units, Window/Wall Unit
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Schools

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

Lot Info

  • Lot Size: 6970
  • Additional Parcels: No
  • Parcel #: 135-57-102

Multi Family

  • Owner Pays: Water, Sewer, Electricity, Trash Collection
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 51000.0
  • Property Net Operating Income: 7200.0
  • Annual Operating Expense: 851.0

Tax Info

  • Tax Annual Amount: 851.0
  • Tax Book Number: 135.0
  • Tax Lot: 15

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Sep 22, 2021
Sold by
Bought by
Seller's Agent
Alan Billingsley
ADB Realty LLC
Buyer's Agent
Shelly Farley
RE/MAX Fine Properties
List Price
$540,000
Sold Price
$550,000
Premium/Discount to List
$10,000
1.85%
Current Estimated Value
$464,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,290
Avg. Annual Appreciation
-3.48%
Original Mortgage
$412,500
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jun 27, 2019
Sold by
Bought by
Seller's Agent
Claudia Benitez
My Home Group Real Estate
Buyer's Agent
Mark Perkins
HomeSmart
List Price
$179,900
Sold Price
$172,000
Premium/Discount to List
-$7,900
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.40%

Purchase Details

Closed on
Aug 15, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.045%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 19, 2017
Closed on
Sep 7, 2017
Sold by
Bought by
Seller's Agent
Cindya Canales
My Home Group Real Estate
Buyer's Agent
Lucas Thomas
West USA Realty
List Price
$139,999
Sold Price
$125,000
Premium/Discount to List
-$14,999
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%
Original Mortgage
$96,000
Interest Rate
0.0391%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 19, 2017
Closed on
Jul 26, 2017
Sold by
Bought by
Seller's Agent
Cindya Canales
My Home Group Real Estate
Buyer's Agent
Lucas Thomas
West USA Realty
List Price
$139,999
Sold Price
$125,000
Premium/Discount to List
-$14,999
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
0.0391%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 American Title Svc Agcy Llc
$172,000 American Title Svc Agcy Llc
$150,000 Great American Title Agency
$125,000 Great American Title Agency
$102,500 Empire West Title Agency Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $412,500
Previous Owner $150,000
Previous Owner $96,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2021 10/18/21 Sold $550,000 +1.9% $306 / Sq Ft
10/13/2021 10/13/21 For Sale $540,000 0.0% $300 / Sq Ft
10/13/2021 10/13/21 Price Changed $540,000 0.0% $300 / Sq Ft
10/06/2021 10/06/21 Price Changed $540,000 0.0% $300 / Sq Ft
09/28/2021 09/28/21 Price Changed $540,000 0.0% $300 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/31/2021 08/31/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $540,000 +214.0% $300 / Sq Ft
06/28/2019 06/28/19 Sold $172,000 -4.4% $96 / Sq Ft View Prior Sale
06/14/2019 06/14/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $179,900 +43.9% $100 / Sq Ft
09/08/2017 09/08/17 Sold $125,000 -8.8% $69 / Sq Ft View Prior Sale
09/01/2017 09/01/17 Pending -- -- --
08/28/2017 08/28/17 Price Changed $136,999 -2.1% $76 / Sq Ft
08/23/2017 08/23/17 Price Changed $139,998 0.0% $78 / Sq Ft
08/19/2017 08/19/17 For Sale $139,999 +12.0% $78 / Sq Ft
08/19/2017 08/19/17 Off Market $125,000 -- --
08/18/2017 08/18/17 For Sale $139,999 -- $78 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $867 $8,786
2024 $869 $8,368
2023 $869 $28,470 $5,690 $22,780
2022 $852 $22,380 $4,470 $17,910
2021 $862 $18,720 $3,740 $14,980
2020 $851 $16,400 $3,280 $13,120
2019 $795 $13,810 $2,760 $11,050
2018 $763 $11,120 $2,220 $8,900
2017 $740 $10,150 $2,030 $8,120
2016 $726 $9,310 $1,860 $7,450
2015 $683 $8,250 $1,650 $6,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6285040

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-57-102

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