NOT LISTED FOR SALE

740 E 3rd Ave Mesa, AZ 85204

Temple Neighborhood

Estimated Value: $793,000 - $826,000

Studio
-- Bath
3,528 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2013

Last sale price $174,000 $49 Per Sq Ft

Est. 365% increase in value since last sale

Current estimated payment $4,492 / mo

27 Days on Market

Highlights

  • Cooling Available
  • Individual Controls for Heating
  • 3-minute walk to Eagles Park
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of December 2013

INVESTORS! Four-plex in Mesa. All units are 2 bed/1 bath - 885 square feet. One unit is Section 8, leases for $650.00 per month. Three units currently leased at $500.00. Individually metered for Electric. Master meter for Water. Community laundry coming soon. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Tammy Medigovich

Good Oak Real Estate License #BR625515000 Listed on: 10/26/2013

Good Oak Real Estate

Last Buyer's Agent

Valerie Tourangeau

Keller Williams Realty Phoenix License #SA634184000

Keller Williams Realty Phoenix

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1985

Lot Details

  • 2,178

Home Design

  • Composition Roof
  • Block Exterior
  • Stone Exterior Construction

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Schools

  • Lowell Elementary School - Mesa
  • Mesa Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water
  • Assessor Parcel Number 138-29-036

Community Details

Overview

  • 4 Units
  • Building Dimensions are unknown
  • Fourplex Subdivision

Building Details

  • Operating Expense $3,842
  • Net Operating Income $22,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$742

Year Built

Built in 1985

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Cross Street: Broadway & Horne
  • Property Type: Multiple Dwellings
  • Zoning: MultiFamily
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Subdivision Name: FourPlex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

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

Fee Information

  • Annual Water Sewer Expense: 2200.0

Schools

  • Elementary School: Lowell Elementary School - Mesa
  • High School: Mesa High School
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 138-29-036

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 900.0
  • Property Net Operating Income: 22700.0
  • Annual Operating Expense: 3842.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 742.0
  • Tax Book Number: 138.00
  • Tax Lot: 0

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

Closed on
Jul 24, 2017
Sold by
Bought by
Current Estimated Value
$809,500

Purchase Details

Closed on
Sep 10, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 2009
Sold by
Bought by

Purchase Details

Closed on
May 31, 2007
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
$260,000
Interest Rate
0.0614%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2007
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
$260,000
Interest Rate
0.0614%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2007
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
$260,000
Interest Rate
0.0614%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2006
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
$294,000
Interest Rate
0.03%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 13, 2005
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
$268,000
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 23, 2002
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
$157,600
Interest Rate
0.0586%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2001
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$240,000 Grand Canyon Title Agency
$81,000 Stewart Title & Trust Of Pho
$281,281 First American Title
$117,215 Security Title Agency
-- Stewart Title & Trust Of Pho
$325,000 Stewart Title & Trust Of Pho
-- Stewart Title & Trust Of Pho
$367,500 Tsa Title Agency
$335,000 Capital Title Agency Inc
-- --
$232,000 Multiple
$197,000 Land Title Agency Of Az Inc
$197,000 Land Title Agency Of Az Inc
-- Grand Canyon Title Agency In
-- Grand Canyon Title Agency In
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 $2,800,000
Previous Owner $260,000
Previous Owner $294,000
Previous Owner $268,000
Previous Owner $157,600
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
12/16/2013 12/16/13 Sold $174,000 -3.3% $49 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
10/22/2013 10/22/13 For Sale $179,900 -- $51 / 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 $1,131 $11,459
2024 $1,134 $10,914
2023 $1,134 $27,340 $1,860 $25,480
2022 $1,111 $30,330 $6,060 $24,270
2021 $1,124 $24,770 $4,950 $19,820
2020 $1,110 $22,680 $4,530 $18,150
2019 $1,037 $19,300 $3,860 $15,440
2018 $995 $19,850 $3,970 $15,880
2017 $965 $16,960 $3,390 $13,570
2016 $947 $15,410 $3,080 $12,330
2015 $890 $11,650 $2,330 $9,320
Source: Public Records

Agents Affiliated with this Home

  • Tammy Medigovich

    Seller's Agent in 2013

    Tammy Medigovich

    Good Oak Real Estate

    (480) 223-2429

    80 Total Sales

    Tammy Medigovich
    Section Image

  • V

    Buyer's Agent in 2013

    Valerie Tourangeau

    Keller Williams Realty East Valley

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5021191

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-29-036K

Arizona Maricopa County Mesa 85204 Temple

740 E 3rd Ave, Mesa, AZ

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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