NOT LISTED FOR SALE

750 E Dana Ave Mesa, AZ 85204

Temple Neighborhood

Estimated Value: $4,671,345

-- Bed
-- Bath
2,657 Sq Ft
$1,758/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $4,250,000 $1,600 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $25,464/month

42 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • 5-minute walk to Eagles Park
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of February 2023

NEW 10 unit townhome development. February / March 2022 estimated completion date. Each unit is 2,200 square feet with 4 bedrooms and 3.5 baths. Each unit has one car garage. Each unit is individually metered and parceled. Being sold as an entire development (only for sale as 10-unit development, no units will be sold individually). Rent comps in the $2000-$2250 range. Located in the opportunity zone for added tax benefit. Great for investors, 1031 exchange funds, etc.

Last Agent to Sell the Property

Jeffry Gross

America's All In One Real Estate Services, Inc. License #BR512490000 Listed on: 12/22/2021

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $672

Year Built

  • Built in 2021

Lot Details

  • 5,053

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Parking

  • 20 Parking Spaces
  • 10 Covered Spaces

Schools

  • Franklin East Elementary School
  • Franklin At Alma Elementary Middle School
  • Westwood High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 1-10
  • Assessor Parcel Number 138-28-109-E

Community Details

Overview

  • 3 Buildings
  • 10 Units
  • Building Dimensions are irregular
  • Sunset At Horne Subdivision

Building Details

  • Operating Expense $16,672
  • Gross Income $250,800
  • Net Operating Income $234,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$672

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Cross Street: Horne and Main St
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: multifamily
  • Number Of Buildings: 3
  • Year Built: 2021
  • Tax Year: 2021
  • Directions: From Horne and Main, go south on Horne to 2nd Ave. Property is on northwest corner of Horne and 2nd Ave.
  • Road Surface Type: Asphalt
  • Subdivision Name: Sunset at Horne
  • Garage Yn: Yes
  • Tax Parcel Letter: E
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 20.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 20.0
  • Garage Details: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Attached: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes
  • Parking:Auto Door Opener: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Schools

  • Elementary School: Franklin East Elementary School
  • High School: Westwood High School
  • Middle Or Junior School: Franklin At Alma Elementary

Lot Info

  • Lot Size: irregular
  • Additional Parcels: Yes
  • Parcel #: 138-28-109-E

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 10
  • Annual Gross Income: 250800.0
  • Insurance Expense: 10000.0
  • Property Net Operating Income: 234800.0
  • Annual Operating Expense: 16672.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 672.0
  • Tax Book Number: 138.00
  • Tax Lot: 1-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2006
Sold by
Hallsted Richard Keith and Hallsted Anita T
Bought by
Hendrix Laurin and Hendrix Evelyn
Current Estimated Value
$4,671,345

Purchase Details

Closed on
Apr 15, 2005
Sold by
Padilla Juan Padilla and Padilla Maria Nereida
Bought by
Padilla Juan Padilla and Padilla Maria Nereida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
5.84%
Mortgage Type
Commercial
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
Hendrix Laurin $109,000 Chicago Title Insurance Co
Padilla Juan Padilla -- --
Padilla Juan Padilla -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Padilla Juan Padilla $167,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $4,250,000 -3.4% $1,600 / Sq Ft
12/31/2022 12/31/22 Price Changed $4,400,000 0.0% $1,656 / Sq Ft
11/01/2022 11/01/22 Price Changed $4,400,000 0.0% $1,656 / Sq Ft
09/02/2022 09/02/22 Price Changed $4,400,000 0.0% $1,656 / Sq Ft
07/30/2022 07/30/22 Price Changed $4,400,000 0.0% $1,656 / Sq Ft
07/02/2022 07/02/22 Price Changed $4,400,000 0.0% $1,656 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $4,400,000 -- $1,656 / 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 $131 $1,338 $1,338 --
2024 $132 $1,275 $1,275 --
2023 $132 $4,760 $4,760 $0
2022 $130 $3,680 $3,680 $0
2021 $131 $2,960 $2,960 $0
2020 $130 $2,610 $2,610 $0
2019 $121 $2,210 $2,210 $0
2018 $116 $1,790 $1,790 $0
2017 $113 $1,670 $1,670 $0
2016 $111 $1,580 $1,580 $0
2015 $104 $1,400 $1,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffry Gross

    Seller's Agent in 2023

    Jeffry Gross

    America's All In One Real Estate Services, Inc.

    (602) 647-6905

    1 in this area

    24 Total Sales

    Jeffry Gross
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6334436

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-28-091C

Arizona Maricopa County Mesa 85204 Temple

750 E Dana Ave, Mesa, AZ

This home is located at 750 E Dana Ave, Mesa, AZ 85204 since 22 December 2021 and is currently estimated at $4,671,345, approximately $1,758 per square foot. This property was built in 2021. 750 E Dana Ave is a home located in Maricopa County with nearby schools including Lowell Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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