$390,000
SOLD AUG 11, 2017

860 E Brown Rd Unit 29 Mesa, AZ 85203

Mesa Patios Neighborhood
-- Bed
-- Bath
800 Sq Ft
3,790 Sq Ft Lot

Recently Sold

$488 Per Sq Ft

Highlights

  • Heated Spa
  • Resident Manager or Management On Site
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Central Air

About This Home

As of July 2024

Multiple Offers Received - Community has a pool/laundromat. Rents are $737.68, $508.75, 737.68 and $754.43. HOA includes common area maintenance - HOA dues are $360/month. Owner pays water/sewer/trash all billed through the HOA. Tenants pay electric. Units have not been renovated anytime recently but are in fair condition.

Last Agent to Sell the Property

Jason Bingham

Distinguished Properties License #BR528229000

Last Buyer's Agent

Raquel Petersen

Gentry Real Estate License #SA626195000

Gentry Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1980

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Pool

  • Heated Spa

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

Additional Features

  • Operating Expense $4,520
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,400

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: BROWN & STAPLEY
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2016
  • Directions: WEST TO 860 EAST BROWN, NORTH INTO COMPLEX
  • Road Surface Type: Asphalt
  • Subdivision Name: SUN GARDENS REPLAT
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Garage Details: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Manager Res/Office, Heated Spa(s), Heated Pool(s), Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:Pool2: Yes
  • Community Amenities:Manager ResOffice: Yes
  • Community Amenities:Heated Spa(s): Yes
  • Community Amenities:Heated Pool(s): Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 3804
  • Additional Parcels: No
  • Parcel #: 137-09-321

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 4520.0

Tax Info

  • Tax Annual Amount: 1400.0
  • Tax Book Number: 137.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 19, 2024
Sold by
Cabrera Michael and Cabrera Andrea
Bought by
Vanderford Tei
Seller's Agent
Brad Skenderian
Matthews Real Estate Investment Services
Buyer's Agent
Brad Skenderian
Matthews Real Estate Investment Services
List Price
$850,000
Sold Price
$815,000
Premium/Discount to List
-$35,000
-4.12%
Total Days on Market
0
Views
14
Current Estimated Value
$834,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,732
Avg. Annual Appreciation
2.07%
Original Mortgage
$611,250
Outstanding Balance
$607,151
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$221,165

Purchase Details

Closed on
Dec 24, 2021
Sold by
Michalak Bruce E and Michalak Linda I
Bought by
Cabrera Michael and Cabrera Andrea

Purchase Details

Listed on
Jan 9, 2020
Closed on
Jul 6, 2020
Sold by
D9 Investments Llc
Bought by
Michalak Bruce E and Michalak Linda I
Seller's Agent
Jason Bingham
Distinguished Properties
Buyer's Agent
Jason Shepherd
SRGC West
List Price
$605,000
Sold Price
$590,000
Premium/Discount to List
-$15,000
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$393,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2019
Closed on
Dec 12, 2019
Sold by
Petersen Paul D and Petersen Raquel
Bought by
Kinghorn Bruce
Seller's Agent
Jason Bingham
Distinguished Properties
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.28%
Original Mortgage
$356,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2017
Closed on
Aug 7, 2017
Sold by
Petersen Raquel
Bought by
Petersen Paul
Seller's Agent
Jason Bingham
Distinguished Properties
Buyer's Agent
Raquel Petersen
Gentry Real Estate
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$292,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2004
Sold by
Ainsworth Andrew and Ainsworth Elizabeth
Bought by
Ainsworth Andrew and Ainsworth Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2004
Sold by
Vose Wayne and Vose Susan
Bought by
Ainsworth Andrew and Ainsworth Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2003
Sold by
Continental Realty Fund Xi Llc
Bought by
Vose Wayne and Vose Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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: Public Records

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
Source: Public Records

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
Source: Arizona Regional Multiple Listing Service (ARMLS)

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
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5643556

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-09-321