NOT LISTED FOR SALE

8040 E 1st Ave Mesa, AZ 85208

Central Mesa East Neighborhood

Estimated Value: $365,746

3 Beds

2 Baths

1,301 Sq Ft

$281/Sq Ft Est. Value

Date Sold: September 18, 2018

Last sale price $224,900 $173 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,095 / mo

11 Days on Market

Highlights

Ceramic Tile Flooring
Ceiling Fan
Multiple Heating Units
Franklin at Brimhall Elementary School Rated A

About This Home

As of September 2018

GREAT HOME & DUPLEX * SOLID BLOCK CONSTRUCTION * FRONT SECURITY DOOR * NEUTRAL TILE * CARPET JUST INSTALLED * HARDWOOD CABINETS * GAS COOKING * TILE TUB & SHOWER SURROUNDS * SPLIT BEDROOM HAS CLOSET * PERFECT FOR OFFICE OR GUEST SET-UP WITH SEPARATE ENTRANCE * COVERED PATIO * STORAGE * MOUNTAIN VIEWS * DUPLEX IS A COSMETIC FIXER * NEEDS CARPET, PAINT AND MISC REPAIRS * HOUSE IS OCCUPIED BY OWNER * RENTAL RATE IS AN ESTIMATED RENT * DON'T MISS THIS ONE * SEE IT TODAY!

Last Agent to Sell the Property

Russell Shaw

Realty One Group Brokerage Phone: 602-957-7777 License #BR008345000 Listed on: 08/01/2018

Last Buyer's Agent

Lauren House

Real Broker License #SA659956000

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Property Details

Home Type

Multi-Family

Est. Annual Taxes

$915

Year Built

Built in 1985

Lot Details

8,407

Home Design

Composition Roof
Built-Up Roof
Block Exterior

Interior Spaces

Ceiling Fan

Flooring

Carpet
Ceramic Tile

Parking

6 Open Parking Spaces
6 Parking Spaces

Schools

Jefferson Elementary School
Fremont Junior High School
Skyline High School

Utilities

Cooling Available
Multiple Heating Units
Individual Controls for Heating
Master Water Meter
Septic Tank

Listing and Financial Details

Tenant pays for trash collection, electricity
The owner pays for gas, electricity, water, landscaping
Legal Lot and Block 20 / 1
Assessor Parcel Number 218-32-020

Community Details

Overview

2 Buildings
3 Units
Building Dimensions are 65 X 125
Desert Sage Tr Blks 1, 2, 3, 4 Subdivision

Building Details

Operating Expense $7,170
Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$915

Year Built

Built in 1985

Lot Details

8,407 Sq Ft Lot

Listing Details

Cross Street: HAWES & MAIN
Legal Info Range: 7E
Property Type: Multiple Dwellings
Zoning: MULTI
Number Of Buildings: 2
Ownership: Fee Simple
Year Built: 1985
Tax Year: 2017
Road Surface Type: Asphalt, Curb(s) & Gutter(s)
Subdivision Name: DESERT SAGE TR BLKS 1, 2, 3, 4
Cooling:Ceiling Fan(s): Yes
Special Features: None
Property Sub Type: MultiFamily

Interior Features

Flooring: Carpet, Ceramic Tile
Appliances: F/S Oven/Range
Appliances Included:FS OvenRange: Yes
Appliances Included:Disposal2: Yes

Exterior Features

Disclosures: Boundary Survey Avlb
Construction Type: Painted, Block, Slump Block
Roof: Composition, Built-Up
Construction:Block: Yes
Construction:Slump Block: Yes

Garage/Parking

Parking Features: >1 Space Per Unit
Attached Garage: No
Open Parking Spaces: 6.0
Total Parking Spaces: 6.0
General Property Description:Uncvrd Parking Spcs: 6.0
General Property Description:Total Parking Spcs: 6.0
Parking:_greater_1 Space Per Unit: Yes

Utilities

Electric: SRP, Submetered System
Cooling: Ceiling Fan(s), Electric
Heating: Individual, 2 or More Units, Electric
Cooling Y N: Yes
Heating Yn: Yes
Water Source: City Franchise, Master Meter
Heating:Electric: Yes
Sewer Septic Tank: Yes
Heating:Individual: Yes

Condo/Co-op/Association

Community Features: No Pool

Association/Amenities

Community Amenities:No Pool: Yes
Exterior Amenities:Partially Fenced: Yes
Exterior Amenities:Desert Landscaping: Yes
Exterior Amenities:Separate Storage: Yes
Interior Amenities:Unfurnished: Yes

Fee Information

Annual Fuel Expense: 480.0
Trash Expense: 180.0
Annual Water Sewer Expense: 960.0

Schools

Elementary School: Jefferson Elementary School
High School: Skyline High School
Junior High Dist: Mesa Unified District
Middle Or Junior School: Fremont Junior High School

Lot Info

Lot Size: 65 X 125
Additional Parcels: No
Parcel #: 218-32-020

Multi Family

Owner Pays: Gas, Electricity, Water, Landscaping
Tenant Pays: Trash Collection, Electricity
Number Of Units Total: 3
Electric Expense: 3300.0
Annual Gross Income: 14400.0
Insurance Expense: 1335.0
Annual Operating Expense: 7170.0

Tax Info

Tax Annual Amount: 915.0
Tax Block: 1
Tax Book Number: 218.00
Tax Lot: 20

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.

Aug 2018 - Present 8 Years

Private Individual

Purchase Details

Listed on

Aug 1, 2018

Closed on

Aug 24, 2018

Sold by

Bought by

Seller's Agent

Russell Shaw

Realty One Group

Buyer's Agent

Lauren House

Real Broker

List Price

$224,900

Sold Price

$224,900

Current Estimated Value

$365,746

Estimated Appreciation

$140,846

Avg. Annual Appreciation

6.32%

Original Mortgage

$168,675

Interest Rate

4.6%

Mortgage Type

New Conventional

Feb 1995 - Aug 2018 23 Years and 6 Months

Private Individual

Purchase Details

Closed on

Feb 2, 1995

Sold by

Bought by

Source: Public Records

Agents Specializing in Central Mesa East, AZ

Kim Panozzo

HomeSmart

(623) 888-8019

881 Total Sales

6 in Central Mesa East

$170K - $933K Price Range

Kim Panozzo
Bryce Henderson

Equity Arizona Real Estate

(833) 963-2977

132 Total Sales

3 in Central Mesa East

$295K - $345K Price Range

Bryce Henderson
Michelle Ripley

Keller Williams Southern Arizona

(520) 462-4233

128 Total Sales

1 in Central Mesa East

$315,000 Price

Michelle Ripley
Andrea Garcia

Responds Quickly

Keller Williams Realty Sonoran Living

(623) 900-1696

268 Total Sales

4 in Central Mesa East

$280K - $485K Price Range

Andrea Garcia
Jeff Barchi

RE/MAX Fine Properties

(623) 745-8297

188 Total Sales

1 in Central Mesa East

$399,990 Price

Jeff Barchi
Craig Binder

Jason Mitchell Real Estate

(623) 439-8822

97 Total Sales

1 in Central Mesa East

$285,000 Price

Craig Binder

See All Agents

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
		$224,900	Chicago Title Agency Inc
		$89,500	Old Republic Title Agency

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		$252,000
	Closed		$168,675
	Previous Owner		$75,000
	Previous Owner		$125,000

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
09/18/2018 09/18/18	Sold	$224,900	0.0%	$173 / Sq Ft
08/12/2018 08/12/18	Pending	--	--	--
08/01/2018 08/01/18	For Sale	$224,900	--	$173 / 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	$1,072	$11,890
2024	$1,085	$11,324
2023	$1,085	$34,900	$6,980	$27,920
2022	$1,059	$25,110	$5,020	$20,090
2021	$1,057	$23,900	$4,780	$19,120
2020	$1,048	$20,470	$4,090	$16,380
2019	$972	$17,620	$3,520	$14,100
2018	$947	$16,150	$3,230	$12,920
2017	$915	$13,950	$2,790	$11,160
2016	$896	$13,360	$2,670	$10,690
2015	$837	$11,810	$2,360	$9,450

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2018

Russell Shaw

Realty One Group

(602) 957-7777

4 in this area

328 Total Sales

Russell Shaw
Buyer's Agent in 2018

Lauren House

Real Broker

(480) 287-5200

51 Total Sales

Lauren House

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5800669

APN: 218-32-020

Arizona Maricopa County Mesa 85208 Central Mesa East

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

Nearby Homes

8040 E 1st Ave Mesa, AZ 85208

Sale Details

Highlights

About This Home

Property Details

Home Type

Est. Annual Taxes

Year Built

Lot Details

Home Design

Interior Spaces

Flooring

Parking

Schools

Utilities

Listing and Financial Details

Community Details

Overview

Building Details

Property Details

Listing Details

Interior Features

Exterior Features

Garage/Parking

Utilities

Condo/Co-op/Association

Association/Amenities

Fee Information

Schools

Lot Info

Multi Family

Tax Info

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Values in the Area

Average Home Value in this Area

Agents Specializing in Central Mesa East, AZ

Purchase History

Mortgage History

Property History

Tax History

Agents Affiliated with this Home

Map