$170,000
SOLD MAR 22, 2013

834 N Cherry Unit 2 Mesa, AZ 85201

West Enders Neighborhood
-- Bed
-- Bath
812 Sq Ft
6,490 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

3% Below List Price

29 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of November 2018

Super Fourplex Large 2 Bedroom Units.
1984 Built. Great Rental Area. Close
to Riverview and new Cubs Stadium being
built and HoHoKam Park. Easy access to Freeways and just minutes to Tempe and Scottsdale. All facts and figures 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: 01/22/2013

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Ben Arredondo

My Home Group Real Estate License #SA556873000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $845

Year Built

  • Built in 1984

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Westwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • 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 $7,145
  • Gross Income $20,520
  • Net Operating Income $13,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$845

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
  • Year Built: 1984
  • Tax Year: 2012
  • Directions: West on 8th Street to Date and turn Right to Cherry
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Legal in Escrow
  • Tax Parcel Letter: G
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • 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: Central A/C, Individual, Electric
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • High School: Westwood High School

Lot Info

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

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 20520.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 13375.0
  • Annual Operating Expense: 7145.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 845.0
  • 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%
Current Estimated Value
$747,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,306
Avg. Annual Appreciation
10.84%

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
12.85%
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
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $380,000 Lawyers Title Of Arizona Inc
Interfamily Deed Transfer -- Grand Canyon Title Agency
Quit Claim Deed -- None Available
Warranty Deed $170,000 Chicago Title Agency Inc
Trustee Deed $170,415 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $245,000 New Conventional
Previous Owner $95,500 Future Advance Clause Open End Mortgage
Previous Owner $125,000 New Conventional
Previous Owner $127,500 New Conventional
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

  • Ben Arredondo

    Seller's Agent in 2018

    Ben Arredondo

    My Home Group Real Estate

    (480) 206-7077

    501 Total Sales

    Ben Arredondo
    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Todd Pippin

    My Home Group

    (480) 544-4686

    41 Total Sales

    Todd Pippin
    Section Image
  • Steven Diep

    Buyer's Agent in 2018

    Steven Diep

    DPR Realty

    (650) 771-0861

    9 Total Sales

    Steven Diep
    Section Image
  • Steve Fowler

    Seller's Agent in 2013

    Steve Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 430-5843

    65 Total Sales

    Steve Fowler
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4878702

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-17-008G

Arizona Maricopa County Mesa 85201 West Enders

834 N Cherry Unit 2, Mesa, AZ

This home is located at 834 N Cherry Unit 2, Mesa, AZ 85201 and is currently priced at $170,000, approximately $209 per square foot. This property was built in 1984. 834 N Cherry Unit 2 is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Emerson 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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