NOT LISTED FOR SALE

8144 E 1st Ave Mesa, AZ 85208

Central Mesa East Neighborhood

Estimated Value: $406,128 - $592,000

1 Bed
-- Bath
2,324 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $225,000 $97 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,743/month

21 Days on Market

Highlights

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

About This Home

As of October 2017

Do not miss this sharp and well maintained triplex in Mesa. Recent improvements include upgraded flooring, some new doors, new exterior paint and some refinished kitchen cabinets. These units are 2 bedroom 1 bath and each has their own laundry room, storage room and backyard with patio. This property has been well-maintained and some/most items have been replaced along the way. Buyer to verify all info. 2 of the 3 a/c units are newer.Must have an appt. to show with 1 day notice.

Last Listed By

Frank Bennett Jr

Frank Bennett Realty License #BR033741000 Listed on: 09/09/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $647

Year Built

  • Built in 1985

Lot Details

  • 10,629

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot c
  • Assessor Parcel Number 218-32-148-C

Community Details

Overview

  • 3 Units
  • Building Dimensions are 10629

Building Details

  • Operating Expense $7,147
  • Gross Income $22,407
  • Net Operating Income $14,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$647

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Broadway and Sossaman
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2016
  • Directions: East to 81st St., north to 1st Av., east to property.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1800.0
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: See Remarks, 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:Assigned: 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
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2200.0

Lot Info

  • Lot Size: 10629
  • Additional Parcels: No
  • Parcel #: 218-32-148-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 22407.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 14000.0
  • Annual Operating Expense: 7147.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 647.0
  • Tax Book Number: 218.00
  • Tax Lot: c

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2017
Closed on
Oct 25, 2017
Sold by
Fogliano Kristina M
Bought by
Bennett Frank and Bennett Cynthia
Seller's Agent
Frank Bennett Jr
Frank Bennett Realty
Buyer's Agent
Frank Bennett Jr
Frank Bennett Realty
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Total Days on Market
21
Current Estimated Value
$483,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,032
Avg. Annual Appreciation
11.17%
Original Mortgage
$168,750
Outstanding Balance
$142,825
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$357,626

Purchase Details

Closed on
Sep 7, 2006
Sold by
Fogliano Kristina Marie
Bought by
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
$145,250
Interest Rate
6.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
7.64%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
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
Bennett Frank $225,000 Empire West Title Agency Llc
Fogliano Kristina M -- Chicago Title Insurance Co
Fogliano Kristina Marie -- Chicago Title Insurance Co
Fogliano Anthony T -- Chicago Title Insurance Co
Kinsman Diane -- Chicago Title Insurance Co
Fogliano Anthony T $67,500 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Frank $168,750
Previous Owner Fogliano Kristina M $145,250
Previous Owner Fogliano Kristina Marie $106,000
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
10/31/2017 10/31/17 Sold $225,000 -6.3% $97 / Sq Ft
09/25/2017 09/25/17 Price Changed $240,000 -4.0% $103 / Sq Ft
09/08/2017 09/08/17 For Sale $250,000 -- $108 / 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 $8,595 -- --
2024 $784 $8,185 -- --
2023 $784 $33,700 $6,740 $26,960
2022 $766 $25,250 $5,050 $20,200
2021 $764 $24,370 $4,870 $19,500
2020 $758 $18,920 $3,780 $15,140
2019 $702 $16,000 $3,200 $12,800
2018 $685 $13,400 $2,680 $10,720
2017 $661 $10,760 $2,150 $8,610
2016 $645 $9,800 $1,960 $7,840
2015 $605 $9,600 $1,920 $7,680
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2017

    Frank Bennett Jr

    Frank Bennett Realty

    (480) 344-2818

    1 in this area

    116 Total Sales

    Frank Bennett Jr
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5657897

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-32-148C

Arizona Maricopa County Mesa 85208 Central Mesa East

8144 E 1st Ave, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 8144 E 1st Ave, Mesa, AZ 85208 since 09 September 2017 and is currently estimated at $483,032, approximately $207 per square foot. This property was built in 1985. 8144 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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