NOT LISTED FOR SALE

820 E 4th Place Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $433,358 - $570,000

-- Bed
-- Bath
1,919 Sq Ft
$259/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $267,000 $139 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,834/month

62 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating System Uses Natural Gas

About This Home

As of December 2018

This well kept tri-plex has two 1 bedroom, 1 bath units and one 2 bedroom, 1 bath unit. The Property is located in a quite Mesa neighborhood with nice grounds that include lots of green grass and citrus trees. The location is close to schools, freeways, and each
unit is very easy to rent.

Last Agent to Sell the Property

Jason Giarrizzo

West USA Realty License #SA045726000 Listed on: 08/15/2018

West USA Realty

Last Buyer's Agent

Ulises Sandoval

Coldwell Banker Realty License #BR632595000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $887

Year Built

  • Built in 1965

Lot Details

  • 9,060

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 18
  • Assessor Parcel Number 137-06-075

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR
  • Mumford Park Subdivision

Building Details

  • Operating Expense $4,305
  • Gross Income $22,344
  • Net Operating Income $18,055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$887

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: University and Horne
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi- Family
  • Number Of Buildings: 1
  • Year Built: 1965
  • Tax Year: 2017
  • Directions: N. on Horne to 4th Place turn E. to property. DO NOT DISTRURB TENANTS
  • Road Surface Type: Asphalt
  • Subdivision Name: MUMFORD PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2200.0

Schools

  • Elementary School: Edison Elementary School
  • High School: Westwood High School
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 137-06-075

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 22344.0
  • Insurance Expense: 618.0
  • Property Net Operating Income: 18055.0
  • Annual Operating Expense: 4305.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 887.0
  • Tax Book Number: 137.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Nov 21, 2018
Sold by
Giarrizzo John L and Giarrizzo Roberta
Bought by
Canez Francis C
Seller's Agent
Jason Giarrizzo
West USA Realty
Buyer's Agent
Ulises Sandoval
Coldwell Banker Realty
List Price
$279,900
Sold Price
$267,000
Premium/Discount to List
-$12,900
-4.61%
Current Estimated Value
$497,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,590
Avg. Annual Appreciation
9.95%
Original Mortgage
$213,600
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Gregory Arthur J
Bought by
Giarrizzo John L and Giarrizzo Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 12, 1995
Sold by
Gregory Arthur J and Gregory Nita C
Bought by
Gregory Arthur J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
7.58%
Source: Public Records

Range of Values:

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Average Value
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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
Canez Francis C $267,000 Magnus Title Agency Llc
Giarrizzo John L $210,000 Transnation Title
Gregory Arthur J -- United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canez Francis C $264,041
Closed Canez Francis C $213,600
Previous Owner Giarrizzo John L $135,100
Previous Owner Giarrizzo John L $180,000
Previous Owner Gregory Arthur J $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2018 12/13/18 Sold $267,000 -1.1% $139 / Sq Ft
12/11/2018 12/11/18 Price Changed $269,900 0.0% $141 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
09/17/2018 09/17/18 Price Changed $269,900 -3.6% $141 / Sq Ft
08/15/2018 08/15/18 For Sale $279,900 -- $146 / 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 $1,034 $10,536 -- --
2024 $1,043 $10,034 -- --
2023 $1,043 $33,820 $6,760 $27,060
2022 $1,021 $25,680 $5,130 $20,550
2021 $1,034 $21,810 $4,360 $17,450
2020 $1,020 $19,810 $3,960 $15,850
2019 $953 $16,550 $3,310 $13,240
2018 $915 $14,750 $2,950 $11,800
2017 $887 $12,330 $2,460 $9,870
2016 $871 $11,600 $2,320 $9,280
2015 $819 $10,100 $2,020 $8,080
Source: Public Records

Agents Affiliated with this Home

  • Jason Giarrizzo

    Seller's Agent in 2018

    Jason Giarrizzo

    West USA Realty

    (480) 820-3333

    139 Total Sales

    Jason Giarrizzo
    Section Image
  • Ulises Sandoval

    Buyer's Agent in 2018

    Ulises Sandoval

    Coldwell Banker Realty

    (602) 501-5001

    121 Total Sales

    Ulises Sandoval
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5807103

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-06-075

Arizona Maricopa County Mesa 85203 Mesa Patios

820 E 4th Place, Mesa, AZ

This home is located at 820 E 4th Place, Mesa, AZ 85203 since 15 August 2018 and is currently estimated at $497,590, approximately $259 per square foot. This property was built in 1965. 820 E 4th Place is a home located in Maricopa County with nearby schools including Edison 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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