J
Seller's Agent in 2019
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
(602) 672-3526
51 Total Sales
8 E 6th Ave Mesa, AZ 85210
Woodbridge Crossing NeighborhoodEstimated Value: $424,000 - $697,000
--
Bed
3
Baths
--
Sq Ft
8,843
Sq Ft Lot
Highlights
- Multiple cooling system units
- Franklin at Brimhall Elementary School Rated A
- Heating Available
About This Home
As of April 2019Packaged offering of two triplex buildings near Downtown Mesa/LRT. Must sell together. 8 E. 6th Ave consists of two large 2 bedroom units & one 3 bedroom. This building has a new roof, new HVAC unit, some new electrical, plumbing, & more. It was also substantially renovated about 14 years ago. 16 E. 6th Ave consists of two large 1 bedroom units & rear smaller 1 bedroom. Value-add opportunity. Solid rents in place w/ flexible leases. Rents could go up w/ aggressive new owner. Please note interior showings only in escrow and buyer is to complete/rely on own due diligence regarding all matters w/ the complex. Rents are actual, expenses partially projected. Offering Memorandum available upon request. Buyer may consider commercial or residential financing.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 01/25/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,855
Year Built
- Built in 1960
Lot Details
- Additional Parcels
Home Design
- Composition Roof
- Block Exterior
Parking
- 6 Open Parking Spaces
- 8 Parking Spaces
- 2 Covered Spaces
- Common or Shared Parking
Utilities
- Multiple cooling system units
- Central Air
- Heating Available
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 51
- Assessor Parcel Number 139-37-053
Community Details
Overview
- 2 Buildings
- 6 Units
- Building Dimensions are 8853
- Mesa Stadium Place Subdivision
Building Details
- Operating Expense $12,855
- Gross Income $45,828
- Net Operating Income $33,008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 1, 2020
Sold by
Monoson Lawrence M
Bought by
Monoson Prop 8 & 16 East 6Th Ave Az Llc
Current Estimated Value
Purchase Details
Listed on
Jan 25, 2019
Closed on
Apr 23, 2019
Sold by
Caciola Peter M and Caciola Tammy K
Bought by
Monoson Lawrence
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Chad Cluff
Cluff Real Estate LLC
List Price
$474,000
Sold Price
$431,000
Premium/Discount to List
-$43,000
-9.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Purchase Details
Closed on
Mar 23, 2007
Sold by
Ptc Investments Llc
Bought by
Caciola Peter and Caciola Tammy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 21, 2006
Sold by
Jones Carol G
Bought by
Ptc Investments Llc
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 |
|---|---|---|---|
| Monoson Prop 8 & 16 East 6Th Ave Az Llc | -- | Accommodation | |
| Monoson Lawrence | $431,000 | Chicago Title Agency Inc | |
| Caciola Peter | -- | First American Title Ins Co | |
| Ptc Investments Llc | $147,500 | Capital Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Caciola Peter | $227,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2019 04/25/19 | Sold | $431,000 | -7.1% | -- |
| 04/16/2019 04/16/19 | Price Changed | $464,000 | 0.0% | -- |
| 03/15/2019 03/15/19 | Pending | -- | -- | -- |
| 02/23/2019 02/23/19 | Price Changed | $464,000 | -2.1% | -- |
| 01/24/2019 01/24/19 | For Sale | $474,000 | -- | -- |
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 | $1,173 | $11,947 | -- | -- |
| 2024 | $1,182 | $11,378 | -- | -- |
| 2023 | $1,182 | $44,210 | $8,840 | $35,370 |
| 2022 | $1,158 | $31,100 | $6,220 | $24,880 |
| 2021 | $1,172 | $26,000 | $5,200 | $20,800 |
| 2020 | $1,157 | $23,510 | $4,700 | $18,810 |
| 2019 | $1,081 | $18,970 | $3,790 | $15,180 |
| 2018 | $1,037 | $17,170 | $3,430 | $13,740 |
| 2017 | $1,006 | $15,130 | $3,020 | $12,110 |
| 2016 | $988 | $13,400 | $2,680 | $10,720 |
| 2015 | $928 | $12,020 | $2,400 | $9,620 |
Source: Public Records
Agents Affiliated with this Home
-
James Stephens
-
Chad Cluff
Buyer's Agent in 2019
Chad Cluff
Cluff Real Estate LLC
(602) 882-0694
2 in this area
45 Total Sales
-
Daniel Shreeve
D
Buyer Co-Listing Agent in 2019
Daniel Shreeve
Arizona Platinum Properties LLC
(480) 600-4307
3 in this area
34 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5873453
APN: 139-37-053
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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