Seller's Agent in 2022
Tyler Nick
McMath Realty LLC
(480) 299-4132
1 in this area
47 Total Sales
860 E Brown Rd Unit 13 Mesa, AZ 85203
Mesa Patios NeighborhoodEstimated Value: $777,188 - $992,000
4
Beds
--
Bath
4,042
Sq Ft
$210/Sq Ft
Est. Value
Highlights
- Heated Community Pool
- Ceramic Tile Flooring
- Ceiling Fan
- Franklin at Brimhall Elementary School Rated A
- Central Air
- Heat Pump System
About This Home
As of February 2022Exceptional, well-maintained long-term rental investment opportunity just minutes from downtown Mesa. 100% occupied and the tenants pay all of their own utilities! Great floorplan - One single-level unit with 3 bedrooms & 2 baths. Two ''townhome'' style units that are 2 bedrooms with 1.5 baths, and a third 2 bedroom & 1.5 bath unit above the garage for a total of 9 bedrooms! The 3 bedroom unit and the 2 bedroom unit above the garage have separate washer/dryer hookups. Community pool, garage parking, private patios, and you don't have to worry about the landscaping. It is rare to find a 4-plex that is this easy!
Last Agent to Sell the Property
McMath Realty LLC License #SA650467000 Listed on: 01/04/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,644
Year Built
- Built in 1980
Lot Details
- 3,790
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 4 Parking Spaces
- 4 Covered Spaces
Schools
- Edison Elementary School
- Kino Junior High School
- Westwood High School
Utilities
- Central Air
- Heat Pump System
- Master Water Meter
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 137-09-334
Community Details
Overview
- 4 Units
- Building Dimensions are 3804 Sq. Ft.
- Sun Gardens Replat Subdivision
Recreation
- Heated Community Pool
Building Details
- Operating Expense $12,746
- Gross Income $47,461
- Net Operating Income $35,194
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2022
Closed on
Dec 15, 2021
Sold by
Heard Debbie and Heard Randy
Bought by
Kakani Garima and The Rathi Family 2020 Living T
Seller's Agent
Tyler Nick
McMath Realty LLC
Buyer's Agent
John McKeon
Better Homes & Gardens Real Estate SJ Fowler
List Price
$750,000
Sold Price
$760,000
Premium/Discount to List
$10,000
1.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,547
Avg. Annual Appreciation
3.05%
Original Mortgage
$564,375
Outstanding Balance
$519,077
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$330,470
Purchase Details
Closed on
Jul 25, 2014
Sold by
Heard Randy
Bought by
Heard Debbie and Heard Randy
Purchase Details
Closed on
Nov 9, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Heard Randy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
4.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2010
Sold by
Miller Daryl and Miller Laura
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Apr 21, 2006
Sold by
Miller Daryl and Miller Laura
Bought by
Ldm Properties Llc
Purchase Details
Closed on
Aug 30, 2005
Sold by
Demartino Christopher A and Masters Randy
Bought by
Miller Daryl and Miller Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.64%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kakani Garima | $752,500 | Old Republic Title Agency | |
| Heard Debbie | -- | None Available | |
| Heard Randy | $97,500 | Lsi Title Agency Inc | |
| Heard Randy | -- | Lsi Title Agency Inc | |
| Deutsche Bank National Trust Company | $138,400 | Accommodation | |
| Ldm Properties Llc | -- | None Available | |
| Miller Daryl | $450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kakani Garima | $564,375 | |
| Previous Owner | Heard Randy | $68,250 | |
| Previous Owner | Miller Daryl | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/01/2025 10/01/25 | For Rent | $1,899 | 0.0% | -- | |
| 02/07/2022 02/07/22 | Sold | $760,000 | +1.3% | $188 / Sq Ft | |
| 01/05/2022 01/05/22 | Pending | -- | -- | -- | |
| 01/04/2022 01/04/22 | For Sale | $750,000 | 0.0% | $186 / Sq Ft | |
| 06/01/2020 06/01/20 | Rented | $1,095 | 0.0% | -- | |
| 05/18/2020 05/18/20 | Under Contract | -- | -- | -- | |
| 05/11/2020 05/11/20 | For Rent | $1,095 | 0.0% | -- | |
| 05/07/2020 05/07/20 | Under Contract | -- | -- | -- | |
| 05/05/2020 05/05/20 | For Rent | $1,095 | 0.0% | -- | |
| 03/06/2020 03/06/20 | Sold | $473,000 | -2.5% | $117 / Sq Ft | View Prior Sale |
| 01/17/2020 01/17/20 | Pending | -- | -- | -- | |
| 01/06/2020 01/06/20 | Pending | -- | -- | -- | |
| 01/04/2020 01/04/20 | For Sale | $485,000 | +26.0% | $120 / Sq Ft | |
| 11/18/2016 11/18/16 | Sold | $385,000 | -3.5% | $95 / Sq Ft | View Prior Sale |
| 06/07/2016 06/07/16 | For Sale | $399,000 | +3.6% | $99 / Sq Ft | |
| 05/19/2016 05/19/16 | Off Market | $385,000 | -- | -- | |
| 05/03/2016 05/03/16 | For Sale | $399,000 | +60.2% | $99 / Sq Ft | |
| 08/28/2015 08/28/15 | Sold | $249,000 | 0.0% | $62 / Sq Ft | View Prior Sale |
| 07/17/2015 07/17/15 | Pending | -- | -- | -- | |
| 07/14/2015 07/14/15 | For Sale | $249,000 | 0.0% | $62 / Sq Ft | |
| 06/10/2013 06/10/13 | Rented | $699 | 0.0% | -- | |
| 06/05/2013 06/05/13 | Under Contract | -- | -- | -- | |
| 05/20/2013 05/20/13 | For Rent | $699 | -- | -- |
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 | $1,654 | $16,763 | -- | -- |
| 2024 | $1,659 | $15,965 | -- | -- |
| 2023 | $1,659 | $63,320 | $12,660 | $50,660 |
| 2022 | $1,625 | $46,580 | $9,310 | $37,270 |
| 2021 | $1,644 | $40,660 | $8,130 | $32,530 |
| 2020 | $1,623 | $34,850 | $6,970 | $27,880 |
| 2019 | $1,516 | $28,780 | $5,750 | $23,030 |
| 2018 | $1,455 | $21,330 | $4,260 | $17,070 |
| 2017 | $1,412 | $18,110 | $3,620 | $14,490 |
| 2016 | $1,386 | $16,780 | $3,350 | $13,430 |
| 2015 | $1,302 | $15,100 | $3,020 | $12,080 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Nick
-
John McKeon
J
Buyer's Agent in 2022
John McKeon
Better Homes & Gardens Real Estate SJ Fowler
(480) 649-3536
2 in this area
7 Total Sales
-
K
Seller's Agent in 2020
Kevin Wilson
Stratton Vantage Property Management
-
Lisa Miguel
Buyer's Agent in 2020
Lisa Miguel
West USA Realty
(480) 444-6058
134 Total Sales
-
Jason Bingham
Seller's Agent in 2016
Jason Bingham
Distinguished Properties
(602) 432-5765
24 Total Sales
-
J
Buyer's Agent in 2016
Jacob Cohen
Apex Realty, LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6337696
APN: 137-09-333
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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