NOT LISTED FOR SALE

8226 E 1st Ave Mesa, AZ 85208

Central Mesa East Neighborhood

Estimated Value: $229,000

-- Bed
3 Baths
1,549 Sq Ft
$148/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $115,000 $74 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,283/month

59 Days on Market

Highlights

  • Wood Flooring
  • Evaporated cooling system
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of June 2016

Highly motivated out of town seller. Bring all offers. Current long term tenant in place in front house. Back house is uninhabitable and likely needs tore down. The property is sold with vacant lot next to it: MLS# 5426901. Parcel# 218-29-012. Property is zoned Medium Density Multi-Family.

Last Agent to Sell the Property

Nick Johnson

Entrust Realty License #SA640738000 Listed on: 04/12/2016

Last Buyer's Agent

Tom Burt

Home Brokers Realty, Inc. License #BR006249000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $961

Year Built

  • Built in 1955

Lot Details

  • 9,583

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Wood Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Evaporated cooling system
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • The owner pays for trash collection
  • Legal Lot and Block 14 / 22
  • Assessor Parcel Number 218-29-014

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are IRR
  • Desert Sage Tr 4 Blks 29 Lots 19 36 Subdivision

Building Details

  • Operating Expense $961

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$961

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: MAIN & SOSSAMAN
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1955
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Subdivision Name: DESERT SAGE TR 4 BLKS 29 LOTS 19-36
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm, Other (See Remarks)
  • 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:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Evaporative Cooling
  • 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

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 218-29-014

Multi Family

  • Owner Pays: Trash Collection
  • Number Of Units Total: 3
  • Annual Operating Expense: 961.0

Tax Info

  • Tax Annual Amount: 961.0
  • Tax Block: 22
  • Tax Book Number: 218.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Rubio Cherie and Rubio Oscar J
Bought by
Rubio Oscar J
Current Estimated Value
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Outstanding Balance
$212,087
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$16,913

Purchase Details

Closed on
Jul 29, 2020
Sold by
M & M Home Solutions Llc
Bought by
O & C Investing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2020
Sold by
Hueneme Enterprises Inc
Bought by
M & M Home Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2005
Sold by
Seip Thomas M and Seip Virginia M
Bought by
Hueneme Enterprises Inc

Purchase Details

Closed on
May 21, 1998
Sold by
Burras Neil F and Estate Of Marjorie A Burras
Bought by
Seip Thomas M and Seip Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,300
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 1998
Sold by
Burras Neil F and Burras Marjorie A
Bought by
Burras Neil F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rubio Oscar J -- Landmark Ttl Assurance Agcy
O & C Investing Llc $130,000 Pioneer Title Agency Inc
M & M Home Solutions Llc $70,000 Pioneer Title Agency Inc
Hueneme Enterprises Inc $300,000 Equity Title Agency Inc
Seip Thomas M $77,000 Security Title Agency
Burras Neil F -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubio Oscar J $231,000
Closed O & C Investing Llc $144,000
Previous Owner Seip Thomas M $69,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $115,000 -11.5% $74 / Sq Ft
05/11/2016 05/11/16 Price Changed $130,000 -3.7% $84 / Sq Ft
04/29/2016 04/29/16 Price Changed $135,000 -9.4% $87 / Sq Ft
04/12/2016 04/12/16 For Sale $149,000 -- $96 / 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 $1,000 $11,094 -- --
2024 $1,201 $13,381 -- --
2023 $1,201 $43,659 $4,859 $38,800
2022 $1,186 $33,108 $3,683 $29,425
2021 $1,210 $33,535 $3,730 $29,805
2020 $1,200 $18,840 $3,768 $15,072
2019 $1,107 $16,076 $3,215 $12,861
2018 $1,079 $15,600 $3,115 $12,485
2017 $1,040 $13,966 $2,788 $11,178
2016 $1,018 $12,460 $2,487 $9,973
2015 $961 $11,995 $2,391 $9,604
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Nick Johnson

    Entrust Realty

  • T

    Buyer's Agent in 2016

    Tom Burt

    Home Brokers Realty, Inc.

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5426895

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-29-014

Arizona Maricopa County Mesa 85208 Central Mesa East

8226 E 1st Ave, Mesa, AZ

Not Listed for Sale

MultiFamily

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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