Seller's Agent in 2018
Cynthia Kenner
HomeSmart
(602) 571-6185
21 Total Sales
704 S Horne Mesa, AZ 85204
Temple NeighborhoodEstimated Value: $529,000 - $629,678
--
Bed
--
Bath
1,551
Sq Ft
$375/Sq Ft
Est. Value
Highlights
- Cooling Available
- Franklin at Brimhall Elementary School Rated A
- Heat Pump System
About This Home
As of August 2018Great opportunity to own a nice income property close to downtown Mesa. Well maintained slump block 4 plex. Tenants are paying $700 per month. 3 are long term and 4th tenant is related to one of the long term tenants. Laundry room generates additional income. 4 covered parking spaces + 4 open spaces. Attractive single level design. Drive by only, interior inspection upon accepted contract.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,225
Year Built
- Built in 1972
Lot Details
- 0.26
Home Design
- Composition Roof
Parking
- 8 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 1
- Assessor Parcel Number 139-26-127-A
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 64x175x64x175
- Mesa Park 10 Subdivision
Building Details
- Operating Expense $7,805
- Gross Income $304
- Net Operating Income $26,099
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2018
Closed on
Aug 29, 2018
Sold by
Sherman Rick and Sherman Family Trust
Bought by
Williams Scott
Seller's Agent
Cynthia Kenner
HomeSmart
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$335,000
Sold Price
$336,000
Premium/Discount to List
$1,000
0.3%
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
$245,893
Avg. Annual Appreciation
9.46%
Original Mortgage
$252,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 11, 2017
Sold by
Horton Keller
Bought by
Sherman Family Trust
Purchase Details
Closed on
Jul 7, 2005
Sold by
Garino Caterina
Bought by
Horton Keller
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Aug 2, 1999
Sold by
Bradley Lester E and Bradley Mary Sue
Bought by
Garino Bernardino and Garino Caterina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.47%
Mortgage Type
Seller Take Back
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Scott | $336,000 | Security Title Agency Inc | |
| Sherman Family Trust | $210,000 | Great American Title Agency | |
| Horton Keller | $340,000 | Fidelity National Title | |
| Garino Bernardino | $145,000 | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Scott | $294,000 | |
| Closed | Williams Scott | $252,000 | |
| Previous Owner | Horton Keller | $292,000 | |
| Previous Owner | Horton Keller | $272,000 | |
| Previous Owner | Garino Bernardino | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2018 08/31/18 | Sold | $336,000 | +0.3% | $217 / Sq Ft |
| 07/16/2018 07/16/18 | For Sale | $335,000 | -- | $216 / 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 | $1,428 | $14,549 | -- | -- |
| 2024 | $1,440 | $13,856 | -- | -- |
| 2023 | $1,440 | $49,250 | $9,850 | $39,400 |
| 2022 | $1,410 | $33,060 | $6,610 | $26,450 |
| 2021 | $1,427 | $27,120 | $5,420 | $21,700 |
| 2020 | $1,409 | $24,830 | $4,960 | $19,870 |
| 2019 | $1,316 | $20,330 | $4,060 | $16,270 |
| 2018 | $1,263 | $18,730 | $3,740 | $14,990 |
| 2017 | $1,225 | $15,820 | $3,160 | $12,660 |
| 2016 | $1,203 | $14,600 | $2,920 | $11,680 |
| 2015 | $1,130 | $13,080 | $2,610 | $10,470 |
Source: Public Records
Agents Affiliated with this Home
-
Cynthia Kenner
-
Jason Bingham
Buyer's Agent in 2018
Jason Bingham
Distinguished Properties
(602) 432-5765
24 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5794424
APN: 139-26-127A
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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