Seller's Agent in 2014
Jason Harrell
AZ Pro Realty
(480) 518-4282
4 Total Sales
745 W 5th Ave Mesa, AZ 85210
West Central Mesa NeighborhoodEstimated Value: $348,298 - $767,000
Studio
--
Bath
2,821
Sq Ft
$196/Sq Ft
Est. Value
Highlights
- Multiple cooling system units
- Ceramic Tile Flooring
- Heating Available
- Franklin at Brimhall Elementary School Rated A
About This Home
As of March 2014TURN-KEY INVESTOR SPECIAL!!! CASHFLOW DAY 1! 100% OCCUPANCY! 9.8% Cap Rate. Very Desirable 4-Plex located in great area. 1 Unit is 2bed/1Bath; 3 Units are 1Bed/1Bath. Well maintained all tile units. The electricity is individually metered and each unit has A/C. Great location close to parks, shopping, restaurants, downtown Mesa and schools. Please do not disturb the tenants, drive by only. THROUGH A PARTNERSHIP WITH A 3RD PARTY LENDER, PRIVATE FINANCING AVAILABLE. PUT DOWN 20%, LENDER WILL ARRANGE FOR FINANCING THE BALANCE. INTEREST ONLY FOR A 2 YEARS WITH OPTION TO RENEW.
Last Agent to Sell the Property
AZ Pro Realty License #BR624174000 Listed on: 01/24/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $901
Year Built
- Built in 1959
Lot Details
- 0.29
Home Design
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Carpet
- Ceramic Tile
Parking
- 4 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
- Assigned Parking
Utilities
- Multiple cooling system units
- Heating Available
- Master Water Meter
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for trash collection, water, sewer
- Tax Lot 23
- Assessor Parcel Number 134-10-025
Community Details
Overview
- 4 Units
- Building Dimensions are .29 Acres
Building Details
- Operating Expense $5,523
- Net Operating Income $15,033
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2014
Closed on
Mar 14, 2014
Sold by
Foreclosure Assistance Company Llc
Bought by
Radcliffe Danielle N Davis
Seller's Agent
Jason Harrell
AZ Pro Realty
Buyer's Agent
Becky Coen
eXp Realty
List Price
$155,000
Sold Price
$155,800
Premium/Discount to List
$800
0.52%
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
$396,275
Avg. Annual Appreciation
11.32%
Original Mortgage
$116,850
Outstanding Balance
$88,264
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$463,811
Purchase Details
Closed on
Dec 10, 2012
Sold by
Titan Capital Group Llc
Bought by
Foreclosure Assistance Company Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 9, 2010
Sold by
745 W 5Th Ave Llc
Bought by
Titan Capital Group Llc
Purchase Details
Closed on
Feb 11, 2008
Sold by
Jones Richard F
Bought by
745 W 5Th Ave Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 5, 2006
Sold by
Jones Richard F
Bought by
Imv Trust and Jones Richard F
Purchase Details
Closed on
Sep 29, 2005
Sold by
Jones Darrell and Jones Nicole
Bought by
Jones Richard F
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
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 16, 2004
Sold by
Palacio Juan R and Palacio Maria
Bought by
Jones Darrell and Jones Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 2003
Sold by
The House For Acceptance Inc
Bought by
Palacio Juan R and Palacio Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
5.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 23, 1995
Sold by
Szezechowicz Walter and Szezechowicz Carolina
Bought by
The House For Acceptance Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,150
Interest Rate
8.32%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Radcliffe Danielle N Davis | $155,800 | American Title Service Agenc | |
| Foreclosure Assistance Company Llc | -- | Empire West Title Agency | |
| Titan Capital Group Llc | $78,000 | American Title Service Agenc | |
| 745 W 5Th Ave Llc | $210,000 | Camelback Title Agency Llc | |
| Imv Trust | -- | None Available | |
| Jones Richard F | $340,000 | -- | |
| Jones Darrell | $255,000 | Equity Title Agency Inc | |
| Palacio Juan R | $174,000 | Transnation Title Ins Co | |
| The House For Acceptance Inc | $75,000 | Security Title Agency | |
| The House For Acceptance Inc | $75,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Radcliffe Danielle N Davis | $116,850 | |
| Previous Owner | Foreclosure Assistance Company Llc | $116,000 | |
| Previous Owner | 745 W 5Th Ave Llc | $157,500 | |
| Previous Owner | Jones Richard F | $272,000 | |
| Previous Owner | Jones Darrell | $178,500 | |
| Previous Owner | Palacio Juan R | $139,200 | |
| Previous Owner | The House For Acceptance Inc | $83,150 | |
| Previous Owner | The House For Acceptance Inc | $80,850 | |
| Closed | Jones Darrell | $63,750 | |
| Closed | Jones Richard F | $34,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2014 03/31/14 | Sold | $155,800 | +0.5% | $55 / Sq Ft |
| 02/24/2014 02/24/14 | Pending | -- | -- | -- |
| 01/24/2014 01/24/14 | For Sale | $155,000 | -- | $55 / 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 | $1,382 | $14,012 | -- | -- |
| 2024 | $1,387 | $13,345 | -- | -- |
| 2023 | $1,387 | $48,470 | $9,690 | $38,780 |
| 2022 | $1,358 | $35,520 | $7,100 | $28,420 |
| 2021 | $1,375 | $30,060 | $6,010 | $24,050 |
| 2020 | $1,357 | $26,500 | $5,300 | $21,200 |
| 2019 | $1,268 | $21,980 | $4,390 | $17,590 |
| 2018 | $1,217 | $19,520 | $3,900 | $15,620 |
| 2017 | $1,180 | $16,620 | $3,320 | $13,300 |
| 2016 | $1,158 | $14,770 | $2,950 | $11,820 |
| 2015 | $1,089 | $14,110 | $2,820 | $11,290 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Harrell
-
Becky Coen
Buyer's Agent in 2014
Becky Coen
eXp Realty
(602) 614-2422
69 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5059637
APN: 134-10-025
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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