NOT LISTED FOR SALE

8134 E 1st Ave Mesa, AZ 85208

Central Mesa East Neighborhood

Estimated Value: $449,657

-- Bed
-- Bath
2,324 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $195,000 $84 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,558/month

142 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of September 2016

Seller open to offers Quality one-story Triplex in East Mesa with a desirable mix of all 2 bedroom/1 bath units. Good size units-775 sq. ft.-1 unit is m-t-m (long-term tenancy) and other two leases are for a 1 yr term. All units rent for $600/month ($21,600 gross/yr). Showings only with offer. Built in 1985. Interiors are in good condition and have vaulted ceilings. Separate C/A units (one newer); tenants pay electric. Fenced yards and off-street parking. Buyer to complete and rely on own diligence. Note a 5% vacancy and 30% OPEX were used as estimates for expenses.

Last Listed By

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 02/21/2016

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $604

Year Built

  • Built in 1985

Lot Details

  • 10,498

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 218-32-148

Community Details

Overview

  • 3 Units
  • Building Dimensions are 10500

Building Details

  • Operating Expense $6,760
  • Gross Income $20,520
  • Net Operating Income $13,364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$604

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Main Street / Sossaman
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2015
  • Directions: Access from San Tan 202 or 60. East of Sossaman.
  • Road Surface Type: Asphalt, Dedicated Street
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 10500
  • Additional Parcels: No
  • Parcel #: 218-32-148

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 3
  • Annual Gross Income: 20520.0
  • Property Net Operating Income: 13364.0
  • Annual Operating Expense: 6760.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 604.0
  • Tax Book Number: 218.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Magana Elodia Chavez
Bought by
Magana Elodia Chavez and Vasquez Raul Magana
Total Days on Market
142
Current Estimated Value
$449,657

Purchase Details

Closed on
Jul 15, 2016
Sold by
Bell Dennis D and Bell Kelli L
Bought by
Magana Elodia Chavez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,169
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2013
Sold by
Evans Kelli Lynn and Bell Kelli L
Bought by
Bell Dennis D and Bell Kelli L

Purchase Details

Closed on
Feb 3, 2012
Sold by
Bell Kelli Lynn
Bought by
Bell Dennis D and Bell Kelli L

Purchase Details

Closed on
Aug 6, 2004
Sold by
Fogliano Anthony T
Bought by
Evans Kelli Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,410
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2003
Sold by
Fogliano Kristina Marie
Bought by
Fogliano Anthony Thomas

Purchase Details

Closed on
Apr 25, 1996
Sold by
Kinsman Diane
Bought by
Fogliano Anthony T and Fogliano Kristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.84%

Purchase Details

Closed on
Jan 10, 1995
Sold by
Fogliano Kristina M
Bought by
Fogliano Anthony T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
9.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 1994
Sold by
Frost Creighton W and Frost Nancy June
Bought by
Fogliano Anthony T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
9.16%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Magana Elodia Chavez -- None Listed On Document
Magana Elodia Chavez $195,000 Lawyers Title Of Arizona Inc
Bell Dennis D -- None Available
Bell Dennis D -- None Available
Evans Kelli Lynn $194,900 Arizona Title Agency Inc
Fogliano Anthony Thomas -- Chicago Title Insurance Co
Fogliano Anthony T -- Chicago Title Insurance Co
Kinsman Diane -- Chicago Title Insurance Co
Fogliano Anthony T -- United Title
Fogliano Anthony T $67,500 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magana Elodia Chavez $8,524
Previous Owner Magana Elodia Chavez $191,169
Previous Owner Bell Dennis D $159,600
Previous Owner Evans Kelli Lynn $176,000
Previous Owner Evans Kelli Lynn $175,410
Previous Owner Fogliano Anthony T $63,000
Previous Owner Fogliano Anthony T $47,200
Closed Fogliano Anthony T $13,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $195,000 0.0% $84 / Sq Ft
08/06/2016 08/06/16 Price Changed $195,000 +2.7% $84 / Sq Ft
07/09/2016 07/09/16 Pending -- -- --
05/07/2016 05/07/16 Price Changed $189,900 -9.6% $82 / Sq Ft
02/18/2016 02/18/16 For Sale $210,000 -- $90 / 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 $774 $8,590 -- --
2024 $784 $8,181 -- --
2023 $784 $36,420 $7,280 $29,140
2022 $765 $27,270 $5,450 $21,820
2021 $763 $26,350 $5,270 $21,080
2020 $757 $18,880 $3,770 $15,110
2019 $702 $15,970 $3,190 $12,780
2018 $684 $13,380 $2,670 $10,710
2017 $661 $10,760 $2,150 $8,610
2016 $644 $9,780 $1,950 $7,830
2015 $604 $9,580 $1,910 $7,670
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    James Stephens

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 672-3526

    52 Total Sales

    James Stephens
    Section Image
  • Amber Black

    Buyer's Agent in 2016

    Amber Black

    MBA Real Estate

    (480) 228-5396

    1 in this area

    24 Total Sales

    Amber Black
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5402032

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-32-148D

Arizona Maricopa County Mesa 85208 Central Mesa East

8134 E 1st Ave, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 8134 E 1st Ave, Mesa, AZ 85208 since 21 February 2016 and is currently priced at $449,657, approximately $193 per square foot. This property was built in 1985. 8134 E 1st Ave is a home located in Maricopa County with nearby schools including Jefferson Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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