NOT LISTED FOR SALE

860 E Brown Rd Unit 11 Mesa, AZ 85203

Mesa Patios Neighborhood
-- Bed
-- Bath
4,042 Sq Ft
3,920 Sq Ft Lot

Last Sold August 06, 2013

Last sale price $220,000 $54 Per Sq Ft

23 Days on Market

Highlights

  • Heated Community Pool
  • Multiple cooling system units
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Community Playground

About This Home

As of August 2013

Super Location close to Ho Hokam Park,Wrghley Ville West, Riverview Shopping and the 202 Freeway.
Unique Fourplex which features a 3 Bedroom, 2 Baths (1200 Square Feet) with lots of recent upgrades including newer kitchen & bath cabinets, some fixtures and much more. There are 3-2 bedroom units which have 1.5 baths. Do not forget the garages unique for a fourplex. A great Pool and play area. All units have had some recent upgrades or replacements including a new Air Conditioner in unit 71. Some Private Patios Good Cash flow for owner occupant or investor and room to raise the rents. All facts and figures approximate including MLS info. Buyer to verify to their satisfaction. Please do not disturb tenants

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 06/07/2013

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

June Junkas

Arizona Elite Properties License #BR545269000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1980

Lot Details

  • 3,920

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces

Schools

  • Edison Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Multiple cooling system units
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 137-09-331

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Sun Gardens Subdivision

Recreation

  • Community Playground
  • Heated Community Pool

Building Details

  • Operating Expense $9,856
  • Gross Income $26,699
  • Net Operating Income $17,478

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,236

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Brown & Stapley
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2012
  • Directions: West on Brown. Property on North side of street. Unit #'s 69,70, 71,72 East side of complex in back 2nd to last building to the east.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: Sun Gardens
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Garage Details: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Submetered System
  • Cooling: 2 or More Units, Heat Pump, 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: Play Area, Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Edison Elementary School
  • High School: Westwood High School
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 137-09-331

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 26698.8
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 17478.0
  • Annual Operating Expense: 9856.32
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1236.32
  • Tax Book Number: 137.00
  • Tax Lot: 11

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $220,000 -4.3% $54 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $229,900 -- $57 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4948658

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-09-331