860 E Brown Rd Unit 29 Mesa, AZ 85203
Mesa Patios NeighborhoodHighlights
- Heated Community Pool
- Resident Manager or Management On Site
- Central Air
- Franklin at Brimhall Elementary School Rated A
- Ceramic Tile Flooring
- Heating Available
About This Home
As of July 20244 units located in the Central Mesa Submarket of Mesa, AZ. Originally built in 1980, this property has a unique mix of (3) large 2+1.5 units and (1) 3+2 unit. unit, and sits within the Sun Gardens Apartments HOA that features a community pool. Current average rents sit at $1,425/unit, and there is room to push them closer to market. Each unit is also sub-metered for water, that allows new ownership the opportunity to bill tenants directly for water. HOA fee is $475/month and they cover expenses including trash service and common area maintenance. Just a few miles from the asset are attractions such as the Oakland A's Spring Training facility, Mesa Country Club, and Mesa Riverview shopping center.
CONTACT AGENT FOR COPY OF OM
Last Agent to Sell the Property
Matthews Real Estate Investment Services License #SA692958000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,625
Year Built
- Built in 1980
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 4 Parking Spaces
- 4 Covered Spaces
- Paved Parking
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 137-09-321
Community Details
Overview
- 4 Units
- Building Dimensions are 3804
- Sun Gardens Replat Subdivision
Recreation
- Heated Community Pool
Building Details
- Operating Expense $11,405
- Gross Income $68,400
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2024 07/23/24 | Sold | $815,000 | -4.1% | $1,019 / Sq Ft |
| 07/01/2024 07/01/24 | Price Changed | $850,000 | 0.0% | $1,063 / Sq Ft |
| 06/20/2024 06/20/24 | Pending | -- | -- | -- |
| 06/05/2024 06/05/24 | For Sale | $850,000 | +44.1% | $1,063 / Sq Ft |
| 07/07/2020 07/07/20 | Sold | $590,000 | -2.5% | $738 / Sq Ft |
| 06/23/2020 06/23/20 | Price Changed | $605,000 | 0.0% | $756 / Sq Ft |
| 06/15/2020 06/15/20 | Pending | -- | -- | -- |
| 05/19/2020 05/19/20 | For Sale | $605,000 | 0.0% | $756 / Sq Ft |
| 02/21/2020 02/21/20 | Pending | -- | -- | -- |
| 01/09/2020 01/09/20 | For Sale | $605,000 | +27.4% | $756 / Sq Ft |
| 12/16/2019 12/16/19 | Sold | $475,000 | 0.0% | $594 / Sq Ft |
| 12/12/2019 12/12/19 | Pending | -- | -- | -- |
| 12/02/2019 12/02/19 | For Sale | $475,000 | +21.8% | $594 / Sq Ft |
| 08/11/2017 08/11/17 | Sold | $390,000 | 0.0% | $488 / Sq Ft |
| 08/07/2017 08/07/17 | Pending | -- | -- | -- |
| 08/07/2017 08/07/17 | For Sale | $390,000 | -- | $488 / Sq Ft |
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 | $1,645 | $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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $611,250 | New Conventional | |
| Previous Owner | $393,000 | New Conventional | |
| Previous Owner | $393,000 | New Conventional | |
| Previous Owner | $356,250 | New Conventional | |
| Previous Owner | $292,500 | New Conventional | |
| Previous Owner | $273,600 | New Conventional | |
| Previous Owner | $249,500 | New Conventional |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $815,000 | Kensington Vanguard National T | |
| Special Warranty Deed | $700,000 | Chicago Title Agency Inc | |
| Warranty Deed | $590,000 | First Integrity Ttl Agcy Of | |
| Warranty Deed | $475,000 | Clear Title Agency Of Az | |
| Interfamily Deed Transfer | -- | Clear Title Agency Of Arizon | |
| Warranty Deed | $390,000 | Clear Title Agency Of Arizon | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $342,000 | Security Title Agency | |
| Special Warranty Deed | $277,250 | Chicago Title Insurance Co |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6715006
APN: 137-09-321
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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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