NOT LISTED FOR SALE

Estimated Value: $375,000 - $538,994

3 Beds
2 Baths
1,487 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $125,000 $84 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $2,397/month

34 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of June 2015

Large Lot! Unit 709 in front: Is a 1 bedroom, 1 bath w/laundry rm, living rm, dining rm & kitchen. Currently rented @450 per month and they have been there for just over a yr and are now mo. to mo. They would like to stay. Unit 711 in the back: Is a 2 bedrm, 1 bath, w/laundry rm, living rm, dining rm & kitchen. currently rented @525 per mo & they have been there for over 5 yrs & are no mo to mo & they would like to stay. Tenants r related & their rents r below mkt because they do the irrigation & the landscaping. Units have always rented quickly w/just a sign in yard. There is a 2nd building on property but it is not permitted. This bldg has a 3/4 bath & temporary stove/oven which do not convey. This 2nd building shall convey in as-is condition-great for storage, art studio, bonus rm or ??

Last Agent to Sell the Property

Dana Hubbell Peru

Dana Hubbell Group Brokerage Phone: 602-697-3103 License #BR024480000 Listed on: 04/25/2015

Last Buyer's Agent

Linda Donzelli

Coldwell Banker Realty License #SA565399000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $687

Year Built

  • Built in 1954

Lot Details

  • 9,148

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Free Parking
  • On-Street Parking

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 14
  • Assessor Parcel Number 135-57-014

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 9405
  • Craig Debuf Add Subdivision

Building Details

  • Operating Expense $3,517
  • Net Operating Income $9,530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$687

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: Main Street and Extension
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RU-1
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1954
  • Mobile Home Prk Info Total Number Spaces: 1
  • Tax Year: 2014
  • Directions: From Main Street, Go North on Extension to 1st Street. Go East on 1st Street to 709 located on the South side of the street.
  • Attribution Contact: 602-697-3103
  • Road Surface Type: Asphalt
  • Subdivision Name: CRAIG DEBUF ADD
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Free, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: City Electric
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

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

Lot Info

  • Lot Size: 9405
  • Additional Parcels: No
  • Parcel #: 135-57-014

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Electric Expense: 1260.0
  • Insurance Expense: 1308.0
  • Property Net Operating Income: 9530.0
  • Annual Operating Expense: 3517.0

Tax Info

  • Tax Annual Amount: 687.0
  • Tax Book Number: 135.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2018
Sold by
Wallace Chris
Bought by
Tomalavage Alan D and Tomalavage 2015 Revocable Trus
Current Estimated Value
$440,331

Purchase Details

Closed on
Dec 28, 2015
Sold by
Carpenter Neil E
Bought by
Carpenter Neil E and Carpenter 2015 Revocable Trust

Purchase Details

Listed on
Apr 25, 2015
Closed on
Jun 2, 2015
Sold by
Santiago Josue
Bought by
Tomalavage Alan D and Wallace Chris W
Seller's Agent
Dana Hubbell Peru
Dana Hubbell Group
Buyer's Agent
Linda Donzelli
Coldwell Banker Realty
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%

Purchase Details

Closed on
Feb 2, 2009
Sold by
Santiago Gail B
Bought by
Santiago Josue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,975
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2008
Sold by
Wright Lindsay
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 10, 2005
Sold by
Raskin Norie
Bought by
Raskin Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,700
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 8, 2005
Sold by
Rector Jim
Bought by
Wright Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,700
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 7, 2005
Sold by
Nicholas John
Bought by
Wright Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,700
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 9, 2005
Sold by
Raskin Norie
Bought by
Raskin Jeffrey

Purchase Details

Closed on
Jun 1, 2005
Sold by
Rehse Hans J and Rehse Jessie E
Bought by
Rehse Hans J and Rehse Jessie E

Purchase Details

Closed on
Mar 1, 2004
Sold by
Hans J & Jessie E Rehse Revocable Living
Bought by
Rehse Hans J and Rehse Jessie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 18, 1996
Sold by
Rehse Hans J and Rehse Jessie E
Bought by
Hans J & Jessie E Rehse Revocable Living

Purchase Details

Closed on
Jun 9, 1995
Sold by
Granneman Jane E
Bought by
Rehse Hans J

Purchase Details

Closed on
Jul 28, 1994
Sold by
Rehse Hans J and Rehse Jessie E
Bought by
Granneman Jane E
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
Tomalavage Alan D -- None Available
Carpenter Neil E -- None Available
Carpenter Neil E -- None Available
Tomalavage Alan D $125,000 Equity Title Agency Inc
Santiago Josue -- Great American Title Agency
Santiago Josue $57,750 Great Amer Title Agency Inc
The Bank Of New York Mellon $156,305 None Available
Raskin Jeffrey -- Lawyers Title Ins
Wright Lindsay -- Lawyers Title Ins
Nicholas John -- Lawyers Title Ins
Wright Lindsay $183,500 Lawyers Title Ins
Raskin Jeffrey -- Chicago Title Insurance Co
Raskin Jeffrey $115,000 Chicago Title Insurance Co
Rehse Hans J -- --
Rehse Hans J -- --
Hans J & Jessie E Rehse Revocable Living -- --
Rehse Hans J -- --
Granneman Jane E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santiago Josue $51,975
Previous Owner Raskin Jeffrey $36,700
Previous Owner Nicholas John $146,800
Previous Owner Wright Lindsay $36,700
Previous Owner Wright Lindsay $36,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $125,000 -10.1% $84 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
04/25/2015 04/25/15 For Sale $139,000 -- $93 / 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 $861 $8,767 -- --
2024 $868 $8,350 -- --
2023 $868 $27,080 $5,410 $21,670
2022 $850 $20,930 $4,180 $16,750
2021 $860 $17,660 $3,530 $14,130
2020 $849 $15,630 $3,120 $12,510
2019 $793 $13,030 $2,600 $10,430
2018 $761 $10,620 $2,120 $8,500
2017 $738 $9,520 $1,900 $7,620
2016 $725 $8,810 $1,760 $7,050
2015 $681 $7,710 $1,540 $6,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5271470

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-57-014