NOT LISTED FOR SALE

Estimated Value: $746,636

-- Bed
4 Baths
812 Sq Ft
$920/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $368,000 $453 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,266/month

79 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Vinyl Flooring

About This Home

As of February 2019

Great east valley 4 plex in Mesa!!! Minutes to Mesa Riverview and Tempe Marketplace and around the corner from the newly remodeled Westwood High School. Easy to rent in great location, rarely have vacancy! All units are 2 bed 1 bath, 812 sq. ft. NO HOA! Individually metered for electric. Brand new roof in 2014, 2 units have new AC as of 2015 & 2016, one of which also got a new water heater in 2016. One unit has new living, kitchen and hallway flooring this year and another features an updated stove and dishwasher in 2014. Property also features an extra piece of attached land that backs to Rio Salado! Everything your looking for in a 4 plex!

Last Listed By

Ben Arredondo

My Home Group Real Estate License #SA556873000 Listed on: 10/26/2018

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1984

Lot Details

  • 10,193

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Free Parking

Schools

  • Emerson Elementary School
  • Westwood High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 135-17-008-H

Community Details

Overview

  • 4 Units
  • Building Dimensions are Irregular

Building Details

  • Operating Expense $1,618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,318

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: COUNTRY CLUB AND 8TH ST
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2018
  • Directions: West on 8th Street to Date and turn Right to Cherry
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Tax Parcel Letter: H
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Free, >1 Space Per Unit
  • Attached Garage: No
  • 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:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Individual, Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

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

Schools

  • Elementary School: Emerson Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: Irregular
  • Additional Parcels: No
  • Parcel #: 135-17-008-H

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1618.0

Tax Info

  • Tax Annual Amount: 1318.0
  • Tax Book Number: 135.00
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
Jan 22, 2019
Sold by
Gomez Garry D
Bought by
Summers Clint Douglas and Summers Janelle Beth
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
Todd Pippin
My Home Group Real Estate
List Price
$389,900
Sold Price
$368,000
Premium/Discount to List
-$21,900
-5.62%
Total Days on Market
79
Current Estimated Value
$746,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,636
Avg. Annual Appreciation
12.05%
Original Mortgage
$276,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2014
Closed on
May 2, 2014
Sold by
Gomez Carole J
Bought by
Gomez Garry D
Seller's Agent
Mark Carvalho
Carvalho Real Estate
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$180,000
Sold Price
$182,000
Premium/Discount to List
$2,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%
Original Mortgage
$127,400
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2014
Closed on
Apr 23, 2014
Sold by
Clenet Kelly
Bought by
Gomez Garry D
Seller's Agent
Mark Carvalho
Carvalho Real Estate
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$180,000
Sold Price
$182,000
Premium/Discount to List
$2,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Clenet Kelly
Bought by
Clenet Kelly and Clenet Heather

Purchase Details

Closed on
Oct 16, 2001
Sold by
Moraga Jacqueline F
Bought by
Moraga Roman

Purchase Details

Closed on
Oct 10, 2001
Sold by
Cowley Douglas R and Cowley Erin M
Bought by
Moraga Roman and Moraga Jacqueline F

Purchase Details

Closed on
Aug 9, 1996
Sold by
Devito Philip and Devito Michele
Bought by
City Of Mesa

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
Summers Clint Douglas $368,000 Lawyers Title Of Arizona Inc
Gomez Garry D -- Security Title Agency
Gomez Garry D $182,000 Security Title Agency
Clenet Kelly -- Fidelity National Title
Clenet Kelly $220,000 Fidelity National Title
Moraga Roman -- First American Title
Moraga Roman -- First American Title
Moraga Roman $173,500 First American Title
City Of Mesa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Clinton Douglas $360,600
Previous Owner Summers Clint Douglas $276,000
Previous Owner Gomez Garry D $127,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $368,000 -3.1% $453 / Sq Ft
11/15/2018 11/15/18 Price Changed $379,900 -2.6% $468 / Sq Ft
10/26/2018 10/26/18 For Sale $389,900 +114.2% $480 / Sq Ft
05/05/2014 05/05/14 Sold $182,000 +1.1% $224 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $180,000 -- $222 / 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 $1,525 $15,540 -- --
2024 $1,538 $14,800 -- --
2023 $1,538 $55,330 $11,060 $44,270
2022 $1,506 $36,700 $7,340 $29,360
2021 $1,524 $30,830 $6,160 $24,670
2020 $1,505 $27,670 $5,530 $22,140
2019 $1,406 $23,580 $4,710 $18,870
2018 $1,349 $19,250 $3,850 $15,400
2017 $1,309 $17,960 $3,590 $14,370
2016 $1,285 $17,280 $3,450 $13,830
2015 $1,207 $14,860 $2,970 $11,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5838594

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-17-008H