NOT LISTED FOR SALE

Estimated Value: $729,977

-- Bed
4 Baths
812 Sq Ft
$899/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $380,000 $468 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,167/month

16 Days on Market

Highlights

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

About This Home

As of November 2018

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, all 4 AC units and all windows replaced in 2016! One unit remodeled this year with rent at $837 / month! Other 3 units at $710.50 with room to go higher when leases expire. Everything your looking for in a 4 plex!

Last Listed By

Ben Arredondo

My Home Group Real Estate License #SA556873000 Listed on: 10/04/2018

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 1984

Lot Details

  • 6,490

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Free Parking

Schools

  • 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-G

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10,193
  • Legal In Escrow Subdivision

Building Details

  • Operating Expense $1,847

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,247

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Country Club & 8th Street
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-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
  • Subdivision Name: Legal in Escrow
  • Tax Parcel Letter: G
  • 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, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Free, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • 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:Separate Storage: Yes

Schools

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

Lot Info

  • Lot Size: 10,193
  • Additional Parcels: No
  • Parcel #: 135-17-008-G

Multi Family

  • Owner Pays: Other, See Remarks, Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1847.0

Tax Info

  • Tax Annual Amount: 1247.0
  • Tax Book Number: 135.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Oct 29, 2018
Sold by
Pippin Todd
Bought by
Diep Steven
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
Steven Diep
DPR Realty LLC
List Price
$410,000
Sold Price
$380,000
Premium/Discount to List
-$30,000
-7.32%
Total Days on Market
16
Current Estimated Value
$729,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,977
Avg. Annual Appreciation
10.65%

Purchase Details

Closed on
Mar 26, 2018
Sold by
Pippin Ruth Marie and Pippin Todd
Bought by
Pippin Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2016
Sold by
Thomason John and Thomason Martha
Bought by
Pippin Todd

Purchase Details

Listed on
Jan 22, 2013
Closed on
Mar 19, 2013
Sold by
Lamb Holdings Llc
Bought by
Thomason John and Thomson Martha
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Ben Arredondo
My Home Group Real Estate
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%
Original Mortgage
$127,500
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2008
Sold by
Swiryn Richard Scott
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 9, 1996
Sold by
Sanfilippo Charles L and Sanfilippo Janet E
Bought by
City Of Mesa

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
Diep Steven $380,000 Lawyers Title Of Arizona Inc
Pippin Todd -- Grand Canyon Title Agency
Pippin Todd -- None Available
Thomason John $170,000 Chicago Title Agency Inc
Wells Fargo Bank Na $170,415 None Available
City Of Mesa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pippin Tood $245,000
Previous Owner Pippin Todd $95,500
Previous Owner Pippin Todd $125,000
Previous Owner Thomason John $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $380,000 -2.3% $468 / Sq Ft
10/15/2018 10/15/18 Price Changed $389,000 -2.5% $479 / Sq Ft
10/09/2018 10/09/18 Price Changed $399,000 -2.7% $491 / Sq Ft
10/04/2018 10/04/18 For Sale $410,000 +141.2% $505 / Sq Ft
03/22/2013 03/22/13 Sold $170,000 -2.8% $209 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $174,900 -- $215 / 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 $1,443 $14,700 -- --
2024 $1,455 $14,000 -- --
2023 $1,455 $52,610 $10,520 $42,090
2022 $1,425 $34,970 $6,990 $27,980
2021 $1,442 $28,950 $5,790 $23,160
2020 $1,423 $26,000 $5,200 $20,800
2019 $1,330 $22,580 $4,510 $18,070
2018 $1,276 $18,550 $3,710 $14,840
2017 $1,238 $17,370 $3,470 $13,900
2016 $1,215 $16,450 $3,290 $13,160
2015 $1,142 $14,310 $2,860 $11,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5829569

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-17-008G