853 E Fountain St Mesa, AZ 85203
Mesa Patios Neighborhood
--
Bed
--
Bath
3,900
Sq Ft
6,186
Sq Ft Lot
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating Available
- Franklin at Brimhall Elementary School Rated A
About This Home
As of March 2022Take a look at this single level Duplex in Mesa! This home offers low maintenance front yard, 1 car garage, and 2 carports. Interior is divided in two units. First unit has 2 beds/2 bath, and boasts formal living/dining room, galley kitchen & laundry room. Second unit has a large living room, eat-in kitchen, laundry room, and 1 bed/1 bath. This is a great flip & fix property. Future owner can either completely transform it into a full home with lots of space and 3 beds/3 baths or just to update and keep both units for a fantastic business opportunity. Don't miss this great deal!
Last Agent to Sell the Property
eXp Realty License #SA634644000 Listed on: 04/27/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,021
Year Built
- Built in 1980
Home Design
- Composition Roof
- Siding
Flooring
- Ceramic Tile
- Vinyl
Parking
- 2 Open Parking Spaces
- 5 Parking Spaces
- 3 Covered Spaces
- Common or Shared Parking
Schools
- Edison Elementary School
- Kino Junior High School
- Westwood High School
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 56
- Assessor Parcel Number 137-09-188
Community Details
Overview
- 2 Units
- Building Dimensions are 6200
- Porter Estates Unit 2 Subdivision
Building Details
- Operating Expense $1,021
- Net Operating Income $1,875
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 4, 2024
Sold by
1 Alliance Leasing Llc
Bought by
1Gpa
Current Estimated Value
Purchase Details
Listed on
Feb 26, 2022
Closed on
Mar 8, 2022
Sold by
Timothy Lesaar
Bought by
1 Alliance Leasing Llc
Seller's Agent
Jon Sherwood
Crossroads Brokerage
Buyer's Agent
Lindsey Deering
My Home Group Real Estate
List Price
$525,000
Sold Price
$517,000
Premium/Discount to List
-$8,000
-1.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.00%
Purchase Details
Listed on
Apr 27, 2020
Closed on
May 26, 2020
Sold by
Linton Andrew A and Linton Kelly M
Bought by
Lesaar Timothy
Seller's Agent
Brian Cunningham
eXp Realty
Buyer's Agent
Michael Bolerjack
Keller Williams Realty Sonoran Living
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.69%
Original Mortgage
$299,250
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 12, 2001
Sold by
Clement Richard P and Clement Anne F
Bought by
Linton Andrew A and Linton Kelly M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,145
Interest Rate
6.98%
Mortgage Type
FHA
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $517,000 | None Listed On Document | |
| Warranty Deed | $315,000 | First American Title Ins Co | |
| Warranty Deed | $151,000 | Capital Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $299,250 | New Conventional | |
| Previous Owner | $92,000 | Credit Line Revolving | |
| Previous Owner | $143,186 | FHA | |
| Previous Owner | $145,145 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2022 03/15/22 | Sold | $517,000 | -1.5% | $133 / Sq Ft |
| 02/26/2022 02/26/22 | For Sale | $525,000 | +66.7% | $135 / Sq Ft |
| 05/26/2020 05/26/20 | Sold | $315,000 | -4.3% | $81 / Sq Ft |
| 04/27/2020 04/27/20 | Pending | -- | -- | -- |
| 04/27/2020 04/27/20 | For Sale | $329,000 | -- | $84 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,196 | $12,186 | -- | -- |
| 2024 | $1,206 | $11,606 | -- | -- |
| 2023 | $1,206 | $37,920 | $7,580 | $30,340 |
| 2022 | $1,091 | $28,570 | $5,710 | $22,860 |
| 2021 | $1,112 | $23,530 | $4,700 | $18,830 |
| 2020 | $1,097 | $21,570 | $4,310 | $17,260 |
| 2019 | $1,021 | $18,750 | $3,750 | $15,000 |
| 2018 | $978 | $17,150 | $3,430 | $13,720 |
| 2017 | $948 | $13,980 | $2,790 | $11,190 |
| 2016 | $930 | $12,960 | $2,590 | $10,370 |
| 2015 | $876 | $11,510 | $2,300 | $9,210 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Sherwood
Seller's Agent in 2022
Jon Sherwood
Crossroads Brokerage
(480) 766-6245
1 in this area
340 Total Sales
-
Lindsey Deering
Buyer's Agent in 2022
Lindsey Deering
My Home Group
(480) 510-2004
1 in this area
19 Total Sales
-
Brian Cunningham
Seller's Agent in 2020
Brian Cunningham
eXp Realty
(480) 370-6160
188 Total Sales
-
Michael Bolerjack
Buyer's Agent in 2020
Michael Bolerjack
Keller Williams Realty Sonoran Living
(480) 948-3338
19 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6071091
APN: 137-09-188
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.
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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