NOT LISTED FOR SALE

936 W 8th Place Mesa, AZ 85201

West Enders Neighborhood
-- Bed
-- Bath
3,928 Sq Ft
0.33 Acres

Last Sold June 28, 2018

Last sale price $305,000 $78 Per Sq Ft

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of June 2018

4 plex for sale on Tempe/Mesa border. Great location across from Westwood HS and approximately 2 miles from Downtown Mesa; 1.2 miles from Riverview Mesa; 3.5 miles from Tempe Marketplace; 4.3 miles from ASU/Tempe. Great Mix: One-3/2.5; One-3/1; One-2/1; One-1/1. Rents are stable with long term tenants, but could be increased. Original property was a small single family, owner lived there and added on (with permits) over the years, it's been used as a four plex since the 1980s. Private yards, washer/dryer hook-ups in each unit, ALL individually metered for water and electric and gas, covered parking, 3 A/C units are new within the last 3-6 years, 3 new water heaters with in last 4 years. Buyer could make upgrades or run exactly as is! Buyer to verify all facts and figures.

Last Agent to Sell the Property

Lisa Richardson

ROI Asset Management Solutions License #BR531022000 Listed on: 05/31/2018

Last Buyer's Agent

Chris Bizub

Gentry Real Estate License #SA664133000

Gentry Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,429

Year Built

  • Built in 1961

Lot Details

  • 0.33

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Open Parking Spaces
  • 8 Parking Spaces
  • 5 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer
  • Assessor Parcel Number 135-22-056-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are 140x103

Building Details

  • Operating Expense $7,479
  • Gross Income $48,640,800
  • Net Operating Income $19,197

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,429

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: Rio Salado/Alma School
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2017
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric, Central A/C
  • Heating: Other, See Remarks, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes

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: 140x103
  • Additional Parcels: No
  • Parcel #: 135-22-056-B

Multi Family

  • Owner Pays: None
  • Tenant Pays: See Remarks, Trash Collection, Electricity, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 48640800.0
  • Insurance Expense: 1250.0
  • Maintenance Expense: 4800.0
  • Property Net Operating Income: 19197.0
  • Annual Operating Expense: 7479.0
  • Vacancy Allowance Rate: 1560.0

Tax Info

  • Tax Annual Amount: 1429.0
  • Tax Book Number: 135.00
  • Tax Lot: 0

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $305,000 -3.2% $78 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $315,000 -- $80 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lisa Richardson

    Seller's Agent in 2018

    Lisa Richardson

    ROI Asset Management Solutions

    (602) 770-8063

    13 Total Sales

    Lisa Richardson
    Section Image

  • C

    Buyer's Agent in 2018

    Chris Bizub

    Gentry Real Estate

    (716) 566-8975

    3 Total Sales

    Chris Bizub
    Section Image

  • C

    Buyer's Agent in 2018

    Christopher Bizub

    Venture REI, LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5773657

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-22-056B

Arizona Maricopa County Mesa 85201 West Enders

936 W 8th Place, Mesa, AZ

This home is located at 936 W 8th Place, Mesa, AZ 85201 since 31 May 2018. This property was built in 1961. 936 W 8th Place is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Emerson Elementary School, and Franklin West Elementary School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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