$700,000
SOLD OCT 17, 2025
-- Bed
-- Bath
900 Sq Ft
1984 Built

Recently Sold

$778 Per Sq Ft

7% Below List Price

10 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2025

Large lot with 4 units enclosed courtyard plus each unit has storage room for additional space and storage. Each unit is a two bedroom, one bath, 900 sq ft. Onsite community coin laundry. New roof 2011, all appliances included. All units have tile for low maintenance. Very desirable location with corner lot gives lots of drive by traffic for potential tenants. All units are month to month and have had the same tenants for years.

Last Agent to Sell the Property

Jessica Santa Cruz

DeLex Realty License #SA577530000 Listed on: 04/25/2025

DeLex Realty

Last Buyer's Agent

Alex Quarnberg

Perk Prop Real Estate LLC License #SA653356000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1984

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 134-10-003

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 12,125
  • Southwest Mesa Center Subdivision

Building Details

  • Operating Expense $9,657
  • Gross Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,600

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Broadway/ Extension
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2024
  • Subdivision Name: SOUTHWEST MESA CENTER
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Fenced3: Yes

Fee Information

  • Trash Expense: 1400.0
  • Annual Water Sewer Expense: 4000.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 12,125
  • Additional Parcels: No
  • Parcel #: 134-10-003

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 49200.0
  • Insurance Expense: 1697.0
  • Annual Operating Expense: 9657.0

Tax Info

  • Tax Annual Amount: 1600.0
  • Tax Book Number: 134.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
Oct 1, 2025
Sold by
Jesse Properties Llc
Bought by
Thornton Tristan
Seller's Agent
Jessica Santa Cruz
DeLex Realty
Buyer's Agent
Alex Quarnberg
Perk Prop Real Estate LLC
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
19
Current Estimated Value
$650,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,789
Avg. Annual Appreciation
-18.53%
Original Mortgage
$560,000
Outstanding Balance
$560,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$90,211

Purchase Details

Closed on
Dec 23, 2016
Sold by
G & A East Associates Lllp
Bought by
Jesse Properties Llc

Purchase Details

Listed on
Jan 10, 2015
Closed on
Feb 6, 2015
Sold by
Arizona 5 Sfr Llc
Bought by
Laredo Llc
Seller's Agent
Troy McNaughton
Gentry Real Estate
Buyer's Agent
Jennifer Williams
Towne Brokerage Services, Inc
List Price
$219,900
Sold Price
$205,000
Premium/Discount to List
-$14,900
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%

Purchase Details

Closed on
Jun 29, 2011
Sold by
East Valley Sfr Llc
Bought by
Arizona 5 Sfr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2010
Sold by
Kramer Richard and Kramer Jean
Bought by
East Valley Sfr Llc

Purchase Details

Closed on
Apr 4, 2002
Sold by
Kramer Jean Marie and Taylor Jean Marie
Bought by
Kramer Richard and Kramer Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 1997
Sold by
Knoles Douglas R and Knoles Melinda S
Bought by
Taylor Jean Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
7.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 1997
Sold by
Miller Bruce
Bought by
Knoles Douglas R and Knoles Melinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
7.91%
Mortgage Type
Commercial
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 Wfg National Title Insurance C
Grant Deed -- None Available
Grant Deed -- None Available
Cash Sale Deed $203,000 First Arizona Title Agency
Cash Sale Deed $203,000 First Arizona Title Agency
Special Warranty Deed $775,000 First American Title Ins Co
Trustee Deed $102,100 None Available
Interfamily Deed Transfer -- First American Title
Warranty Deed $116,000 First American Title
Quit Claim Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Previous Owner $775,000 Commercial
Previous Owner $80,000 Commercial
Previous Owner $81,200 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2025 10/17/25 Sold $700,000 -4.1% $778 / Sq Ft
08/15/2025 08/15/25 Price Changed $730,000 -2.7% $811 / Sq Ft
06/06/2025 06/06/25 For Sale $750,000 0.0% $833 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $750,000 +265.9% $833 / Sq Ft
02/13/2015 02/13/15 Sold $205,000 -6.8% $228 / Sq Ft View Prior Sale
01/27/2015 01/27/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $219,900 -- $244 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,600 $16,303 -- --
2024 $1,613 $15,527 -- --
2023 $1,613 $51,430 $10,280 $41,150
2022 $1,580 $38,130 $7,620 $30,510
2021 $1,599 $31,620 $6,320 $25,300
2020 $1,578 $28,410 $5,680 $22,730
2019 $1,475 $24,110 $4,820 $19,290
2018 $1,415 $21,400 $4,280 $17,120
2017 $1,373 $18,900 $3,780 $15,120
2016 $1,348 $17,010 $3,400 $13,610
2015 $1,267 $16,160 $3,230 $12,930
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6859004

Arizona Regional Multiple Listing Service (ARMLS)

APN: 134-10-003

Your Personal Tour Guide

Ask me questions while you tour the home.