NOT LISTED FOR SALE

821 E 4th Place Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $413,000 - $478,000

-- Bed
-- Bath
1,956 Sq Ft
$230/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $107,500 $55 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $2,564/month

28 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • No Heating

About This Home

As of November 2012

Super Clean Duplex with huge 978 square foot units. Washer/dryer Hook-up in each unit. Huge backyards. Very Well maintained. Current owner operator 20 plus years. Just a Great Investment for Owner Occupant or Investor. Many recent
upgrades or replacements. Rental Rates may be raised due to size of units and large private yards. All facts and figure approximate buyer to verify to their satisfaction.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 09/22/2012

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Cameron Carter

HomeSmart License #BR551576000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $609

Year Built

  • Built in 1980

Lot Details

  • 7,100

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV, landscaping
  • Tax Lot 23
  • Assessor Parcel Number 137-06-080

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7084
  • Mumford Park Subdivision

Building Details

  • Gross Income $11,400
  • Net Operating Income $9,891

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$609

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Unversity & Horne
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2012
  • Directions: North on Horn to 4th Place and turn east.
  • Road Surface Type: Asphalt
  • Subdivision Name: Mumford Park
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Individual, Electric
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise, Individual Meter
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 7084
  • Additional Parcels: No
  • Parcel #: 137-06-080

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 11400.0
  • Insurance Expense: 700.0
  • Maintenance Expense: 900.0
  • Property Net Operating Income: 9891.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 609.0
  • Tax Book Number: 137.00
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2012
Closed on
Oct 22, 2012
Sold by
Hedges Kevin J and Hedges Marcia B
Bought by
Carter Cameron and Carter Robyn A
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Cameron Carter
HomeSmart
List Price
$119,900
Sold Price
$107,500
Premium/Discount to List
-$12,400
-10.34%
Total Days on Market
28
Current Estimated Value
$449,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,507
Avg. Annual Appreciation
12.08%

Purchase Details

Closed on
May 13, 1997
Sold by
Hedges Kevin J and Steinkamp Marcia B
Bought by
Hedges Kevin J and Hedges Marcia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,400
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Carter Cameron $107,500 First American Title Ins Co
Hedges Kevin J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hedges Kevin J $44,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $107,500 -10.3% $55 / Sq Ft
10/20/2012 10/20/12 Pending -- -- --
09/22/2012 09/22/12 For Sale $119,900 -- $61 / 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 $1,005 $10,241 -- --
2024 $1,013 $9,753 -- --
2023 $1,013 $32,100 $6,420 $25,680
2022 $992 $24,660 $4,930 $19,730
2021 $1,005 $20,330 $4,060 $16,270
2020 $992 $18,500 $3,700 $14,800
2019 $926 $15,930 $3,180 $12,750
2018 $889 $14,510 $2,900 $11,610
2017 $863 $11,760 $2,350 $9,410
2016 $847 $10,920 $2,180 $8,740
2015 $796 $9,610 $1,920 $7,690
Source: Public Records

Agents Affiliated with this Home

  • Steve Fowler

    Seller's Agent in 2012

    Steve Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 430-5843

    66 Total Sales

    Steve Fowler
    Section Image

  • C

    Buyer's Agent in 2012

    Cameron Carter

    HomeSmart

    (602) 689-5449

    1 in this area

    1 Total Sale

    Cameron Carter
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4822988

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-06-080

Arizona Maricopa County Mesa 85203 Mesa Patios

821 E 4th Place, Mesa, AZ

This home is located at 821 E 4th Place, Mesa, AZ 85203 since 22 September 2012 and is currently estimated at $449,007, approximately $229 per square foot. This property was built in 1980. 821 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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