NOT LISTED FOR SALE

Estimated Value: $503,000 - $630,000

-- Bed
-- Bath
2,870 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $510,000 $178 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,977/month

119 Days on Market

About This Home

As of February 2025

This triplex consists of three 2bed/1bath units, each approximately 957 sqft, built in 1960. This along with the neighboring property are two individually parceled buildings which include a triplex and a duplex. The neighboring property is 935 N Orange (135-16-052-E). The two buildings neighbor one another and are connected by a single water line. For this reason, these two properties must be sold together. Fantastic opportunity to own multiple total units!

Last Agent to Sell the Property

James Diller

Real Broker License #BR681830000 Listed on: 09/06/2024

Real Broker

Last Buyer's Agent

Michael Bennett

ATLAS AZ, LLC License #SA692576000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1960

Lot Details

  • 7,013

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • On-Street Parking

Additional Features

  • Additional Parcels
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 135-16-053-F

Community Details

Overview

  • 3 Units
  • Building Dimensions are 50 x 140
  • Indian Arms Subdivision

Building Details

  • Operating Expense $1,664

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,664

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: N Orange & W 10th St
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2023
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: INDIAN ARMS
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: See Remarks
  • Heating: See Remarks
  • Water Source: Master Meter

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 50 x 140
  • Additional Parcels: Yes
  • Parcel #: 135-16-053-F

Multi Family

  • Owner Pays: See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 3
  • Annual Operating Expense: 1664.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1664.0
  • Tax Book Number: 135.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Feb 19, 2025
Sold by
Sfr Rs Owner Lp
Bought by
Mohder Tarek and Mohder Suzan
Seller's Agent
James Diller
Real Broker
Buyer's Agent
Michael Bennett
ATLAS AZ, LLC
List Price
$595,000
Sold Price
$510,000
Premium/Discount to List
-$85,000
-14.29%
Views
17
Current Estimated Value
$539,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,614
Avg. Annual Appreciation
7.50%
Original Mortgage
$378,900
Outstanding Balance
$376,705
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$162,909

Purchase Details

Listed on
Sep 6, 2024
Closed on
Feb 13, 2025
Sold by
Star 2021-Sfr2 Borrower Lp
Bought by
Sfr Rs Owner Lp
Seller's Agent
James Diller
Real Broker
Buyer's Agent
Michael Bennett
ATLAS AZ, LLC
List Price
$595,000
Sold Price
$510,000
Premium/Discount to List
-$85,000
-14.29%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,900
Outstanding Balance
$376,705
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$162,909

Purchase Details

Closed on
Dec 14, 2021
Sold by
Rs Phoenix Owner 4 Lp
Bought by
Star 2021 Sfr2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,412,980
Interest Rate
3.11%
Mortgage Type
Commercial

Purchase Details

Listed on
May 5, 2020
Closed on
Jun 12, 2020
Sold by
Rabbit Buuny
Bought by
Rs Pheonix Owner 4 Lp
Seller's Agent
Dallin Hammond
ABI Multifamily
Buyer's Agent
Tom Palestina
ABI Multifamily
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%

Purchase Details

Closed on
Apr 26, 2017
Sold by
Patton Robert
Bought by
Bunny Rabbit Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2017
Sold by
Bunny Rabbit Properties Llc
Bought by
Patton Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2013
Sold by
Patton Robert
Bought by
Bunny Rabbit Properties Llc

Purchase Details

Closed on
Aug 26, 2002
Sold by
Shamy Jerrolyn and Bondoc Jerrolyn E
Bought by
Hillard C Dale and Hillard Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mohder Tarek $510,000 Stewart Title
Sfr Rs Owner Lp -- Stewart Title
Star 2021 Sfr2 Borrower Lp -- Accommodation
Rs Pheonix Owner 4 Lp $294,000 None Available
Bunny Rabbit Properties Llc -- None Available
Patton Robert -- Title365
Bunny Rabbit Properties Llc -- None Available
Hillard C Dale $190,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohder Tarek $378,900
Previous Owner Star 2021 Sfr2 Borrower Lp $256,412,980
Previous Owner Patton Robert $168,750
Previous Owner Hillard C Dale $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $510,000 -2.9% $178 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
12/09/2024 12/09/24 Price Changed $525,000 -5.4% $183 / Sq Ft
11/06/2024 11/06/24 Price Changed $555,000 -4.1% $193 / Sq Ft
10/15/2024 10/15/24 Price Changed $579,000 -2.7% $202 / Sq Ft
09/06/2024 09/06/24 For Sale $595,000 +16.7% $207 / Sq Ft
06/12/2020 06/12/20 Sold $510,000 -7.3% $178 / Sq Ft View Prior Sale
06/06/2020 06/06/20 For Sale $550,000 0.0% $192 / Sq Ft
06/06/2020 06/06/20 Price Changed $550,000 0.0% $192 / Sq Ft
05/04/2020 05/04/20 For Sale $550,000 -- $192 / 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 $1,658 $16,809 -- --
2024 $1,664 $16,009 -- --
2023 $1,664 $40,450 $8,090 $32,360
2022 $1,629 $32,000 $6,400 $25,600
2021 $1,649 $26,780 $5,350 $21,430
2020 $1,627 $23,500 $4,700 $18,800
2019 $1,521 $20,150 $4,030 $16,120
2018 $1,459 $18,100 $3,620 $14,480
2017 $1,416 $16,100 $3,220 $12,880
2016 $1,390 $14,300 $2,860 $11,440
2015 $1,306 $13,230 $2,640 $10,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6754010

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-16-053F