$350,000
SOLD AUG 7, 2020

761 E Millett Ave Mesa, AZ 85204

Temple Neighborhood
-- Bed
-- Bath
350 Sq Ft
1964 Built

Recently Sold

$1,000 Per Sq Ft

7 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • 1-minute walk to Aripine Park
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of August 2020

4-Plex Easy to rent always occupied. 755 E Millett also available next door for a total of 8 units, all are good sized 1/1's. Great Mesa location. Some units need a bit of work. Average 1-bedrooms in area are going for $795-$850.

Last Agent to Sell the Property

Rick Saul

Gentry Real Estate License #SA647142000 Listed on: 06/23/2020

Gentry Real Estate

Last Buyer's Agent

Carson Griesemer

ABI Multifamily License #SA686764000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1964

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Holmes Elementary School
  • Taylor Junior High School
  • Mesa High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 39
  • Assessor Parcel Number 139-27-065

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 73 x 135

Building Details

  • Operating Expense $700
  • Gross Income $2,052
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$700

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Horne x Southern.
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 2
  • Year Built: 1964
  • Tax Year: 2019
  • Directions: North On Horne, Left On Millett, Plex On Left.
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:_one_ SpaceUnit: 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: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Holmes Elementary School
  • High School: Mesa High School
  • Middle Or Junior School: Taylor Junior High School

Lot Info

  • Lot Size: 73 x 135
  • Additional Parcels: No
  • Parcel #: 139-27-065

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Annual Gross Income: 2052.0
  • Property Net Operating Income: 2000.0
  • Annual Operating Expense: 700.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 700.0
  • Tax Book Number: 139.00
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 11, 2020
Sold by
Williams Reyna
Bought by
Williams Tyler
Seller's Agent
Rick Saul
Gentry Real Estate
Buyer's Agent
Carson Griesemer
ABI Multifamily
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$262,500
Outstanding Balance
$234,422
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$234,545

Purchase Details

Closed on
Mar 20, 2020
Sold by
Driscoll Scott and Driscoll Pamela
Bought by
Eagle Creek Holdings Llc

Purchase Details

Closed on
Apr 14, 2009
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Driscoll Scott and Driscoll Pamela

Purchase Details

Closed on
Mar 31, 2009
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 2, 2008
Sold by
Jarrett Amber
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Sep 20, 2004
Sold by
Bright Star Management Llc
Bought by
Jarrett Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2004
Sold by
Holub George and Holub Emily
Bought by
Bright Star Management Llc

Purchase Details

Closed on
Mar 11, 2003
Sold by
Roth Steven E and Roth Jill Marie
Bought by
Holub George and Holub Emily

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
5.77%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Interfamily Deed Transfer -- Clear Title Agency Of Az
Warranty Deed $350,000 Clear Title Agency Of Az
Warranty Deed $300,000 American Title Svc Agcy Llc
Cash Sale Deed $59,900 Servicelink
Receivers Deed -- None Available
Trustee Deed $171,000 Security Title Agency
Warranty Deed $200,000 First American Title Ins Co
Quit Claim Deed -- --
Warranty Deed $174,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $262,500 New Conventional
Previous Owner $61,550 Unknown
Previous Owner $180,000 New Conventional
Previous Owner $17,400 Credit Line Revolving
Previous Owner $139,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 For Sale $575,000 +64.3% --
08/07/2020 08/07/20 Sold $350,000 +0.3% $1,000 / Sq Ft
06/22/2020 06/22/20 For Sale $349,000 -- $997 / 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 $760 $7,740 -- --
2024 $766 $7,371 -- --
2023 $766 $26,270 $5,230 $21,040
2022 $750 $18,030 $3,590 $14,440
2021 $759 $14,860 $2,960 $11,900
2020 $749 $13,410 $2,670 $10,740
2019 $700 $10,840 $2,160 $8,680
2018 $672 $9,940 $1,980 $7,960
2017 $652 $8,230 $1,640 $6,590
2016 $640 $7,710 $1,530 $6,180
2015 $601 $6,870 $1,370 $5,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6093942

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-27-065