NOT LISTED FOR SALE

860 E Brown Rd Unit 33 Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $828,000 - $1,010,000

2 Beds
5 Baths
3,489 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $375,000 $107 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $4,975/month

10 Days on Market

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 January 2017

Units are designed so that tenants are never above/beneath one another. Each tenant has a 1 car private garage, units have private patios, all units are sub-metered for water (so that tenants may be charged direct). Community has a pool/laundromat. Unit 33 is a single level 3 bedroom & 2 full baths with inside laundry & covered patio - $895 rent. Unit 34 is a two story unit which includes 2 bedrooms 1.50 bath & covered patio - $650.00 rent. Unit 35 is single story with 2 bedrooms & 1.50 baths and includes inside laundry - rent is $595. Unit 36 is a two story with 2 bedrooms & 1.50 baths - rent is $725. Community rents are as high as $1250 for 3 bed units and $920 for 2 bed units. See documents tab for all available financials.

Last Agent to Sell the Property

Jason Bingham

Distinguished Properties License #BR528229000 Listed on: 08/17/2016

Last Buyer's Agent

Jason Bingham

Distinguished Properties License #BR528229000 Listed on: 08/17/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 3,790

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 2
  • Assessor Parcel Number 137-09-322

Community Details

Overview

  • 4 Units
  • Building Dimensions are 3804
  • Sun Gardens Replat Subdivision

Recreation

  • Heated Community Pool

Additional Features

  • Operating Expense $3,120
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

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
  • 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 #: 137-09-322

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 3120.0

Tax Info

  • Tax Book Number: 137.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2019
Sold by
Flores Jeremy
Bought by
Nguyen Thuan D and Nguyen Anh C
Current Estimated Value
$921,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$263,239
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$655,761

Purchase Details

Listed on
Aug 17, 2016
Closed on
Jan 26, 2017
Sold by
Curiel Felicidad
Bought by
Flores Jeremy
Seller's Agent
Jason Bingham
Distinguished Properties
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$281,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2016
Closed on
Jan 13, 2017
Sold by
Pensco Trust Co and Thuenen Daniel
Bought by
Flores Jeremy
Seller's Agent
Jason Bingham
Distinguished Properties
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2009
Sold by
Gmac Mortgage Llc
Bought by
Pensco Trust

Purchase Details

Closed on
Jul 21, 2009
Sold by
Miller Shawn and Miller Susan
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Dec 20, 2005
Sold by
Bingham Jason Anthony and Bingham Selia Joy
Bought by
Miller Shawn and Miller Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Nguyen Thuan D $4,750,000 Clear Title Agency Arizona
Flores Jeremy -- Clear Title Agency Of Az Llc
Flores Jeremy $375,000 Clear Title Agency Of Az Llc
Pensco Trust $154,900 Fidelity Natl Title Ins Co
Gmac Mortgage Llc $161,500 Security Title Agency
Miller Shawn $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Thuan D $300,000
Previous Owner Flores Jeremy $281,250
Previous Owner Miller Shawn $368,000
Closed Miller Shawn $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2017 01/27/17 Sold $375,000 -6.0% $107 / Sq Ft
08/16/2016 08/16/16 For Sale $399,000 -- $114 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,748 $17,723 -- --
2024 $1,754 $16,879 -- --
2023 $1,754 $64,920 $12,980 $51,940
2022 $1,718 $47,770 $9,550 $38,220
2021 $1,738 $41,680 $8,330 $33,350
2020 $1,716 $35,730 $7,140 $28,590
2019 $1,603 $30,150 $6,030 $24,120
2018 $1,539 $22,630 $4,520 $18,110
2017 $1,493 $19,210 $3,840 $15,370
2016 $1,465 $17,820 $3,560 $14,260
2015 $1,377 $15,800 $3,160 $12,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5484834

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-09-322