903 E 4th Place Mesa, AZ 85203
Mesa Patios Neighborhood
--
Bed
--
Bath
2,260
Sq Ft
871
Sq Ft Lot
Highlights
- Cooling Available
- Concrete Flooring
- Heating Available
- Franklin at Brimhall Elementary School Rated A
About This Home
As of August 2019We are pleased to present an amazing Triplex in the heart of Mesa. This building is 100% occupied. Nice residential neighborhood. Fenced with available Irrigation. Super rare that all utilities are currently paid by tenants. Completely separately metered for all utilities. All central air conditioners. Great Off Street Parking. Super close to downtown Mesa ,shopping, freeways. Rents have not been raised. (one
one bedroom $680 currently) ( 2 two bedroom units currently at 799 to 875)
Market rents are 900 up to 1,100. A great value add or owner occupant. All Facts and Figures Approximate buyer verify all MLS information. Drive by only tenants are unaware of the sale.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $968
Year Built
- Built in 1972
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Composition Roof
Flooring
- Concrete Flooring
Parking
- 6 Parking Spaces
- 3 Covered Spaces
- Common or Shared Parking
Schools
- Edison Elementary School
- Kino Junior High School
- Westwood High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
- Tax Lot 11
- Assessor Parcel Number 137-06-057-C
Community Details
Overview
- 3 Units
- Building Dimensions are IRR
Building Details
- Operating Expense $7,136
- Gross Income $33,060
- Net Operating Income $25,924
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2019
Closed on
Aug 26, 2019
Sold by
Bob & El Condos Llc
Bought by
Chikando Eric
Seller's Agent
Eric Chikando
Erlipro Realty Solutions
Buyer's Agent
Rinda Updike
One Stop Realty
Sold Price
$830
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
$560,539
Avg. Annual Appreciation
8.66%
Original Mortgage
$258,750
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 17, 2015
Sold by
Anderson James S
Bought by
Bob & El Condos Llc
Purchase Details
Closed on
May 27, 2005
Sold by
Anderson Lisa M
Bought by
Anderson James S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 19, 2005
Sold by
Burch Rocky W and Zweifel Claudia J
Bought by
Anderson James S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 6, 2001
Sold by
Caron Lewis Craig
Bought by
Burch Rocky W and Zweifel Jonathan R
Purchase Details
Closed on
Jun 4, 2001
Sold by
Burch Tanya E
Bought by
Burch Rocky W
Purchase Details
Closed on
Aug 4, 2000
Sold by
Rivera Pedro G and Rivera Pedro Guzman
Bought by
Caron Lewis Craig
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 2, 2000
Sold by
Rivera Maria Jacita D
Bought by
Rivera Pedro Guzman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 3, 2000
Sold by
Rivera Pedro Guzman
Bought by
Rivera Pedro Guzman and Rivera Maria Jacita P
Purchase Details
Closed on
Jan 27, 2000
Sold by
Mueller Adam
Bought by
Rivera Pedro G
Purchase Details
Closed on
Nov 8, 1999
Sold by
Rivera Maria Jacita
Bought by
Rivera Pedro G
Purchase Details
Closed on
Dec 29, 1997
Sold by
Conoboy Ann V
Bought by
Mueller Adam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.16%
Purchase Details
Closed on
Feb 2, 1996
Sold by
Conoboy Eileen M
Bought by
Mueller Adam
Similar Homes in Mesa, AZ
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 | $345,000 | Old Republic Title Agency | |
| Cash Sale Deed | $200,000 | Fidelity Natl Title Agency | |
| Interfamily Deed Transfer | -- | Arizona Title Agency Inc | |
| Warranty Deed | $265,000 | Arizona Title Agency Inc | |
| Warranty Deed | $178,400 | Capital Title Agency | |
| Interfamily Deed Transfer | -- | Capital Title Agency | |
| Warranty Deed | $150,000 | Security Title Agency | |
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $119,000 | Security Title Agency | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | First American Title | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $385,000 | New Conventional | |
| Closed | $258,750 | New Conventional | |
| Previous Owner | $175,000 | Purchase Money Mortgage | |
| Previous Owner | $135,000 | New Conventional | |
| Previous Owner | $70,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2023 08/04/23 | Rented | $1,145 | 0.0% | -- |
| 08/02/2023 08/02/23 | Under Contract | -- | -- | -- |
| 07/12/2023 07/12/23 | For Rent | $1,145 | -4.2% | -- |
| 12/10/2021 12/10/21 | Rented | $1,195 | 0.0% | -- |
| 12/07/2021 12/07/21 | Under Contract | -- | -- | -- |
| 12/01/2021 12/01/21 | For Rent | $1,195 | +44.0% | -- |
| 10/22/2019 10/22/19 | Rented | $830 | 0.0% | -- |
| 10/20/2019 10/20/19 | Under Contract | -- | -- | -- |
| 10/19/2019 10/19/19 | Price Changed | $830 | -2.4% | $1 / Sq Ft |
| 10/10/2019 10/10/19 | Price Changed | $850 | +1.2% | $1 / Sq Ft |
| 09/30/2019 09/30/19 | For Rent | $840 | 0.0% | -- |
| 08/30/2019 08/30/19 | Sold | $345,000 | +6.2% | $153 / Sq Ft |
| 08/02/2019 08/02/19 | For Sale | $325,000 | -- | $144 / 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 | $1,095 | $11,152 | -- | -- |
| 2024 | $1,104 | $10,621 | -- | -- |
| 2023 | $1,104 | $36,200 | $7,240 | $28,960 |
| 2022 | $1,081 | $28,160 | $5,630 | $22,530 |
| 2021 | $1,094 | $23,410 | $4,680 | $18,730 |
| 2020 | $1,080 | $21,260 | $4,250 | $17,010 |
| 2019 | $1,009 | $18,160 | $3,630 | $14,530 |
| 2018 | $968 | $16,230 | $3,240 | $12,990 |
| 2017 | $939 | $13,350 | $2,670 | $10,680 |
| 2016 | $922 | $12,610 | $2,520 | $10,090 |
| 2015 | $866 | $11,020 | $2,200 | $8,820 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Chikando
E
Seller's Agent in 2023
Eric Chikando
Erlipro Realty Solutions
(480) 200-0020
6 Total Sales
-
Diana Rodriguez-Betance
Buyer's Agent in 2023
Diana Rodriguez-Betance
Your Home and Future, LLC
(480) 570-0007
-
Sophia Baron
Seller's Agent in 2019
Sophia Baron
Grace CRE
(480) 375-0227
1 in this area
89 Total Sales
-
Joshua Willets
Seller Co-Listing Agent in 2019
Joshua Willets
Grace CRE
(561) 473-4477
1 in this area
34 Total Sales
-
Rinda Updike
R
Buyer's Agent in 2019
Rinda Updike
One Stop Realty
(480) 722-9800
5 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5960939
APN: 137-06-057C
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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