NOT LISTED FOR SALE

857 E Fountain St Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $429,499 - $476,000

1 Bed
-- Bath
2,016 Sq Ft
$228/Sq Ft Est. Value

Last Sold February 10, 2018

Last sale price $185,000 $92 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,485/month

80 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of February 2018

Rare opportunity Duplex located in the heart of Mesa great location. Long Term tenants. Property features one 3 bedroom unit and one 1 bedroom unit, covered parking, washer dryer hookups, private yard. All facts and figures are approx. buyer to verify to their satisfaction.

Last Agent to Sell the Property

Jim Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR534149000 Listed on: 10/25/2017

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Nicholas Ashe

HomeSmart License #SA665519000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $773

Year Built

  • Built in 1972

Lot Details

  • 6,186

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 57
  • Assessor Parcel Number 137-09-189

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6200
  • Porter Estates 2 Subdivision

Building Details

  • Operating Expense $3,673
  • Gross Income $15,300
  • Net Operating Income $11,224

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$773

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: Stapley and Brown
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1972
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: PORTER ESTATES 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Painted, Block, Slump Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: 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
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1300.0

Lot Info

  • Lot Size: 6200
  • Additional Parcels: No
  • Parcel #: 137-09-189

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 15300.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 800.0
  • Property Net Operating Income: 11224.0
  • Annual Operating Expense: 3673.0

Tax Info

  • Tax Annual Amount: 773.0
  • Tax Book Number: 137.00
  • Tax Lot: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Rodriguez David Adam
Bought by
Fountain Street Management Llc
Current Estimated Value
$460,625

Purchase Details

Closed on
Aug 11, 2020
Sold by
Isapa Llc
Bought by
Rodriguez David Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2017
Closed on
Jan 22, 2018
Sold by
Kelly Robert and Kelly Jocelyn S
Bought by
Isapa Llc
Seller's Agent
Jim Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Nicholas Ashe
HomeSmart
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%

Purchase Details

Closed on
Jun 28, 2004
Sold by
Mcdaniel Ronald and Mcdaniel Shauna
Bought by
Cauthen Jennifer R

Purchase Details

Closed on
Jan 30, 2001
Sold by
Kelly Robert Allen and Kelly Jocelyne Sicard
Bought by
Kelly Robert and Kelly Jocelyne S

Purchase Details

Closed on
Jul 14, 1994
Sold by
Pothier Robert F and Pothier Marva S
Bought by
Kelly Robert Allen and Kelly Jocelyne Sicard
Source: Public Records
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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
Fountain Street Management Llc -- None Listed On Document
Fountain Street Management Llc -- None Listed On Document
Rodriguez David Adam $320,000 Pioneer Title Agency Inc
Isapa Llc $185,000 Premier Title Agency
Cauthen Jennifer R $156,500 Transnation Title
Kelly Robert -- --
Kelly Robert Allen $145,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez David Adam $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2018 02/10/18 Sold $185,000 -2.6% $92 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $189,900 -- $94 / 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 $920 $10,228 -- --
2024 $926 $9,741 -- --
2023 $926 $32,850 $6,570 $26,280
2022 $906 $25,050 $5,010 $20,040
2021 $925 $20,680 $4,130 $16,550
2020 $912 $18,730 $3,740 $14,990
2019 $849 $16,160 $3,230 $12,930
2018 $812 $14,720 $2,940 $11,780
2017 $787 $12,000 $2,400 $9,600
2016 $773 $11,050 $2,210 $8,840
2015 $728 $9,800 $1,960 $7,840
Source: Public Records

Agents Affiliated with this Home

  • Jim Fowler

    Seller's Agent in 2018

    Jim Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 568-7352

    11 Total Sales

    Jim Fowler
    Section Image

  • N

    Buyer's Agent in 2018

    Nicholas Ashe

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5678773

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-09-189

Arizona Maricopa County Mesa 85203 Mesa Patios

857 E Fountain St, 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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