NOT LISTED FOR SALE

Estimated Value: $332,000 - $429,000

Studio
-- Bath
-- Sq Ft
1974 Built

Last Sold January 29, 2016

Last sale price $100,000

Est. 286% increase in value since last sale

Current estimated payment $2,099/month

4 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of January 2016

Incredible income property opportunity! Easily convert this great space into a duplex with 2 bedrooms, 1 bath and great room per unit! This single story building is very clean and well-taken care of and is currently set up for a school. Yard is completely fenced in with playground equipment. Please see the duplex illustration to see possible floor plan conversion under the Documents tab. See the potential the property has to offer today!

Last Agent to Sell the Property

Richard Barker

Keller Williams Arizona Realty License #SA635052000 Listed on: 12/14/2015

Keller Williams Arizona Realty

Co-Listed By

Carmella George

Homelogic Real Estate License #SA650874000

Last Buyer's Agent

Jose Munoz

DPR Realty LLC License #SA530866000

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 1974

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Schools

  • Edison Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer, cable TV, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 137-06-059

Community Details

Overview

  • 2 Units
  • Building Dimensions are 66.34x141.28x65.84x141.29
  • Mumford Park Subdivision

Building Details

  • Operating Expense $2,390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,390

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: Home and 5th Street
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2015
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: MUMFORD PARK
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: Other (See Remarks), None
  • Construction Type: Other, Painted, Block, Brick
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Edison Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 66.34x141.28x65.84x141.29
  • Additional Parcels: No
  • Parcel #: 137-06-059

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Operating Expense: 2390.0

Tax Info

  • Tax Annual Amount: 2390.0
  • Tax Book Number: 137.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Jan 14, 2016
Sold by
Pj Money Llc
Bought by
Garcia Rogelio
Seller's Agent
Richard Barker
Keller Williams Arizona Realty
Buyer's Agent
Jose Munoz
DPR Realty LLC
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$385,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,918
Avg. Annual Appreciation
14.55%

Purchase Details

Listed on
Apr 6, 2013
Closed on
Aug 9, 2013
Sold by
The Shelby School
Bought by
Pj Money Llc
Seller's Agent
Susan Slenk
HomeSmart
Buyer's Agent
Richard Barker
Keller Williams Arizona Realty
List Price
$88,000
Sold Price
$67,500
Premium/Discount to List
-$20,500
-23.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.17%

Purchase Details

Closed on
Jun 8, 2004
Sold by
Arenas Mitzi
Bought by
The Shelby School

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.09%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia Rogelio $100,000 Wfg National Title Ins Co
Pj Money Llc $67,500 Fidelity National Title Agen
The Shelby School $138,000 Westland Title Agency Of Ari
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Shelby School $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2026 01/02/26 Off Market $100,000 -- --
01/29/2016 01/29/16 Sold $100,000 0.0% --
12/18/2015 12/18/15 Pending -- -- --
12/14/2015 12/14/15 For Sale $100,000 +48.1% --
08/05/2013 08/05/13 Sold $67,500 -23.3% $45 / Sq Ft View Prior Sale
07/26/2013 07/26/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $88,000 -- $59 / 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 $974 $9,868 -- --
2024 $977 $9,398 -- --
2023 $977 $24,930 $4,980 $19,950
2022 $956 $19,200 $3,840 $15,360
2021 $968 $16,080 $3,210 $12,870
2020 $955 $14,510 $2,900 $11,610
2019 $893 $13,500 $2,700 $10,800
2018 $857 $11,030 $2,200 $8,830
2017 $2,521 $29,340 $10,530 $18,810
2016 $2,474 $26,802 $9,396 $17,406
2015 $2,390 $20,221 $6,938 $13,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5373167

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-06-059