Seller's Agent in 2023
Daniel Papin
Realty One Group
(630) 779-6013
2 in this area
44 Total Sales
860 E Brown Rd Unit 45 Mesa, AZ 85203
Mesa Patios NeighborhoodEstimated Value: $853,000 - $872,000
4
Beds
8
Baths
4,478
Sq Ft
$192/Sq Ft
Est. Value
Highlights
- Heated Community Pool
- Cooling Available
- Heating Available
- Franklin at Brimhall Elementary School Rated A
- Ceramic Tile Flooring
About This Home
As of February 2023Back on market on 12/9. Great opportunity to add this to your portfolio. Highly coveted E Brown Rd - Fourplex. Unique design. Excellent Unit mix. (3) 2 beds - 1.5baths (1) 3 bed 2bath unit mix. Tenants pay all utilites. 5.43 Cap on Actuals. Possible value add opportunity with renovations and 7-10% annual rental bumps. Beautiful amenties, two car garage for two units, pool. In unit washer and dryer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,718
Year Built
- Built in 1980
Lot Details
- 3,790
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Ceramic Tile
- Vinyl
Parking
- 8 Open Parking Spaces
- 12 Parking Spaces
- 4 Covered Spaces
- Free Parking
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 137-09-325
Community Details
Overview
- 4 Units
- Building Dimensions are n/a
- Sun Gardens Replat Subdivision
Recreation
- Heated Community Pool
Building Details
- Operating Expense $9,289
- Gross Income $49,200
- Net Operating Income $39,911
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2022
Closed on
Feb 27, 2023
Sold by
Tran Michael Huy
Bought by
Mckeon John
Seller's Agent
Daniel Papin
Realty ONE Group
Buyer's Agent
John McKeon
Better Homes & Gardens Real Estate SJ Fowler
List Price
$735,000
Sold Price
$734,000
Premium/Discount to List
-$1,000
-0.14%
Total Days on Market
74
Views
214
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
$126,000
Avg. Annual Appreciation
7.50%
Original Mortgage
$760,424
Outstanding Balance
$741,491
Interest Rate
6.33%
Mortgage Type
VA
Estimated Equity
$118,509
Purchase Details
Listed on
Apr 4, 2019
Closed on
May 1, 2019
Sold by
Alpha Prime Properties Llc
Bought by
Tran Michael Huy
Seller's Agent
Jason Bingham
Distinguished Properties
Buyer's Agent
Dennis Fedele
Keller Williams Realty East Valley
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
12.13%
Original Mortgage
$356,250
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 27, 2017
Sold by
Lane Justin
Bought by
Lane Julie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 8, 2015
Sold by
Lane Julie A
Bought by
Alpha Prime Properties
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 7, 2015
Sold by
Lane Justin
Bought by
Lane Julie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 6, 2015
Sold by
Jd 860 Llc
Bought by
Lane Julie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2009
Sold by
Angus Deborah S
Bought by
Angus Deborah S and Barrett James H
Purchase Details
Closed on
May 14, 2008
Sold by
Librizzi Victor
Bought by
Barrett James and Angus Deborah S
Purchase Details
Closed on
Nov 16, 2005
Sold by
Tafolla Juan
Bought by
Librizzi Victor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 8, 2005
Sold by
Mathis Joe and Mathis Ann
Bought by
Tafolla Juan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.53%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 3, 1996
Sold by
Wilkins Michael L and Wilkins Terri Miller
Bought by
Diamond Robert W and Diamond Patricia R
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 |
|---|---|---|---|
| Mckeon John | $734,000 | Great American Title Agency | |
| Tran Michael Huy | $475,000 | Clear Title Agency Of Az | |
| Lane Julie A | -- | Empire West Title Agency | |
| Lane Julie A | -- | Empire West Title Agency | |
| Alpha Prime Properties | -- | Accommodation | |
| Lane Julie A | -- | Clear Title Agency Of Az | |
| Lane Julie A | $250,000 | Clear Title Agency Of Az | |
| Angus Deborah S | -- | None Available | |
| Barrett James | $255,000 | Chicago Title | |
| Librizzi Victor | $427,500 | Fidelity National Title Co | |
| Tafolla Juan | $375,000 | Fidelity National Title | |
| Diamond Robert W | $42,000 | First Southwestern Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mckeon John | $760,424 | |
| Previous Owner | Tran Michael Huy | $416,000 | |
| Previous Owner | Tran Michael Huy | $356,250 | |
| Previous Owner | Lane Julie A | $262,500 | |
| Previous Owner | Lane Julie A | $187,500 | |
| Previous Owner | Librizzi Victor | $210,000 | |
| Previous Owner | Tafolla Juan | $37,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2023 02/21/23 | Sold | $734,000 | -0.1% | $164 / Sq Ft |
| 01/19/2023 01/19/23 | Pending | -- | -- | -- |
| 11/06/2022 11/06/22 | For Sale | $735,000 | 0.0% | $164 / Sq Ft |
| 11/24/2021 11/24/21 | Rented | $1,100 | 0.0% | -- |
| 11/19/2021 11/19/21 | Under Contract | -- | -- | -- |
| 11/15/2021 11/15/21 | For Rent | $1,100 | 0.0% | -- |
| 05/06/2019 05/06/19 | Sold | $475,000 | 0.0% | $106 / Sq Ft |
| 04/04/2019 04/04/19 | For Sale | $475,000 | -- | $106 / 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 | $1,740 | $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
-
Daniel Papin
-
Brandon Wendt
Seller Co-Listing Agent in 2023
Brandon Wendt
W and Partners, LLC
(623) 261-2122
1 in this area
68 Total Sales
-
John McKeon
J
Buyer's Agent in 2023
John McKeon
Better Homes & Gardens Real Estate SJ Fowler
(480) 649-3536
2 in this area
6 Total Sales
-
Azia Coleman
Seller's Agent in 2021
Azia Coleman
Quantum Homes
(480) 399-2066
2 in this area
40 Total Sales
-
Alyssa Eddy
A
Seller Co-Listing Agent in 2021
Alyssa Eddy
On Q Property Management
(480) 839-6600
1 in this area
20 Total Sales
-
A
Buyer's Agent in 2021
Adriana Navarrete
Realty One Group
(602) 687-0617
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6486413
APN: 137-09-325
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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