Seller's Agent in 2024
Brad Skenderian
Matthews Real Estate Investment Services
(949) 533-5594
2 in this area
13 Total Sales
860 E Brown Rd Unit 29 Mesa, AZ 85203
Mesa Patios Neighborhood
--
Bed
--
Bath
800
Sq Ft
3,790
Sq Ft Lot
Highlights
- Heated 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 Listed on: 06/05/2024
Last Buyer's Agent
Matthews Real Estate Investment Services License #SA692958000 Listed on: 06/05/2024
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
Pool
- Heated Pool
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
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%
Views
14
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
$22,626
Avg. Annual Appreciation
2.67%
Original Mortgage
$611,250
Outstanding Balance
$607,151
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$230,475
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
7.14%
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
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 | 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 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 | $1,645 | $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
Agents Affiliated with this Home
-
-
Seller's Agent in 2020
Jason Bingham
Distinguished Properties
(602) 432-5765
25 Total Sales
-
J
Buyer's Agent in 2020
Jason Shepherd
SRGC West
1 Total Sale
-
R
Buyer's Agent in 2017
Raquel Petersen
Gentry Real Estate
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6715006
APN: 137-09-321
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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