NOT LISTED FOR SALE

Estimated Value: $505,774 - $687,000

Studio
-- Bath
2,049 Sq Ft
$292/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2017

Last sale price $268,000 $131 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,377 / mo

162 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of March 2017

Centrally located and rarely a vacancy, easy commuting and well maintained four-plex. This complex has one 2 bedroom, 1 Bath, (1075 sq ft) apartment that rents for $500.00 per month, and three large 1 bedroom, 1 Bath (683 sq ft) apartments that rent for $475.00 per month. Three of the AC units were replaced in 2005, and one was replaced in 2000. There is a large grassy area in the front with mature trees. ALL 4 units have their own Water & Electric Meters. (The Tenants pay ALL their own Utilities.)

Last Agent to Sell the Property

Russell Gould

Stonecrest Properties License #BR581671000 Listed on: 08/28/2016

Last Buyer's Agent

Chad Cluff

Cluff Real Estate LLC License #BR567582000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1960

Lot Details

  • 0.27

Home Design

  • Composition Roof
  • Block Exterior

Parking

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

Schools

  • Redbird Elementary School
  • Powell Junior High School
  • Dobson High School

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 2
  • Assessor Parcel Number 134-10-004

Community Details

Overview

  • 4 Units
  • Building Dimensions are 11875
  • Southwest Mesa Center Subdivision

Building Details

  • Net Operating Income $1,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,154

Year Built

Built in 1960

Lot Details

0.27 Acres

Listing Details

  • Cross Street: Broadway & Extension
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1960
  • Tax Year: 2015
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: SOUTHWEST MESA CENTER
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Attached: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Central A/C, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Redbird Elementary School
  • High School: Dobson High School
  • Middle Or Junior School: Powell Junior High School

Lot Info

  • Lot Size: 11875
  • Additional Parcels: No
  • Parcel #: 134-10-004

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 900.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 1250.0

Tax Info

  • Tax Annual Amount: 1154.0
  • Tax Book Number: 134.00
  • Tax Lot: 2

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 28, 2016
Closed on
Mar 23, 2017
Sold by
Bought by
Seller's Agent
Russell Gould
Stonecrest Properties
Buyer's Agent
Chad Cluff
Cluff Real Estate LLC
List Price
$175,000
Sold Price
$268,000
Premium/Discount to List
$93,000
53.14%
Current Estimated Value
$597,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,444
Avg. Annual Appreciation
8.94%
Original Mortgage
$259,055
Interest Rate
0.0362%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2000
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 1995
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 1994
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 1974
Sold by
Bought by
Source: Public Records
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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
$268,000 First Arizona Title Agency L
-- --
$104,000 United Title Agency
-- --
-- United Title Agency
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 $337,000
Closed $7,783
Closed $259,055
Previous Owner $35,000
Previous Owner $96,300
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
03/10/2017 03/10/17 Sold $268,000 +53.1% $131 / Sq Ft
02/05/2017 02/05/17 Pending -- -- --
08/27/2016 08/27/16 For Sale $175,000 -- $85 / 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 $1,465 $14,850
2024 $1,470 $14,143
2023 $1,470 $51,020 $10,200 $40,820
2022 $1,439 $37,550 $7,510 $30,040
2021 $1,457 $31,530 $6,300 $25,230
2020 $1,438 $27,800 $5,560 $22,240
2019 $1,343 $23,260 $4,650 $18,610
2018 $1,289 $20,760 $4,150 $16,610
2017 $1,251 $17,630 $3,520 $14,110
2016 $1,228 $15,660 $3,130 $12,530
2015 $1,154 $15,010 $3,000 $12,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5489824

Arizona Regional Multiple Listing Service (ARMLS)

APN: 134-10-004

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