NOT LISTED FOR SALE

Estimated Value: $647,000 - $747,096

Studio
4 Baths
900 Sq Ft
$773/Sq Ft Est. Value

Sale Details

Date Sold: October 17, 2025

Last sale price $700,000 $778 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,991 / mo

10 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Fenced
  • Heating Available
  • Franklin Accelerated Academy-Brimhall Campus 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

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1984

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Parking Spaces
  • Carport
  • Parking Available
  • Additional Parking

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available

Additional Features

  • Ceramic Tile Flooring
  • Fenced

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer, trash collection
  • 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
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: SOUTHWEST MESA CENTER
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Electric
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: SRP
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Disposal

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: None
  • Construction Type: Block, Painted
  • Roof: Composition
  • Exterior Amenities: Sidewalk(s), Fenced

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • Parking Features:Parking Features: 1 Space/Unit, Carport, Add'l Parking Avail

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: Other, See Remarks

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: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity
  • 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: 134.0
  • Tax Lot: 1

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
Apr 25, 2025
Closed on
Oct 1, 2025
Sold by
Jesse Properties Llc
Bought by
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
$695,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,226
Avg. Annual Appreciation
-0.66%
Original Mortgage
$560,000
Outstanding Balance
$555,344
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$140,430

Purchase Details

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

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
11.11%

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

Purchase Details

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$700,000 Wfg National Title Insurance C
G & A East Associates Lllp -- None Available
Jesse Properties Llc -- None Available
Laredo Llc $203,000 First Arizona Title Agency
Laredo Llc $203,000 First Arizona Title Agency
Arizona 5 Sfr Llc $775,000 First American Title Ins Co
East Valley Sfr Llc $102,100 None Available
Kramer Richard -- First American Title
Taylor Jean Marie $116,000 First American Title
Knoles Douglas R -- First American Title
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 $560,000
Previous Owner Arizona 5 Sfr Llc $775,000
Previous Owner Kramer Richard $200,000
Previous Owner Kramer Richard E $113,500
Previous Owner Kramer Richard $129,000
Previous Owner Kramer Richard $80,000
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 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

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 $1,600 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6859004

Arizona Regional Multiple Listing Service (ARMLS)

APN: 134-10-003

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