NOT LISTED FOR SALE

Estimated Value: $483,000 - $545,000

-- Bed
-- Bath
2,556 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $428,500 $168 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,726/month

3 Days on Market

Highlights

  • Central Heating and Cooling System
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of May 2021

Do not disturb tenants!!! Drive by Only. Tri Plex opportunity in Mesa. Three 2 Bed, 1 Bath Units.
2 Units Renovated (Pictured)
1 Unit Not Renovated.

Last Agent to Sell the Property

Timmy Le

HomeSmart License #SA687872000 Listed on: 05/12/2021

HomeSmart

Last Buyer's Agent

Melissa Pimentel

Call Realty, Inc. License #SA665985000

Call Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 1984

Lot Details

  • 9,845

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for water, cable TV
  • The owner pays for trash collection
  • Tax Lot 8
  • Assessor Parcel Number 220-30-070

Community Details

Overview

  • 3 Units
  • Building Dimensions are 0.226 acres / 9,830 sqft
  • Blue Sky Vista No. 2 Subdivision

Building Details

  • Operating Expense $2,586
  • Gross Income $27,000
  • Net Operating Income $25,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$966

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: University & Crismon
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: R-8
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2020
  • Road Surface Type: Asphalt, Dedicated Street, Concrete, Sidewalk(s)
  • Subdivision Name: BLUE SKY VISTA NO. 2
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Other, See Remarks, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Individual, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: None

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 660.0

Lot Info

  • Lot Size: 0.226 acres / 9,830 sqft
  • Additional Parcels: No
  • Parcel #: 220-30-070

Multi Family

  • Owner Pays: Trash Collection
  • Tenant Pays: Water, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 27000.0
  • Property Net Operating Income: 25380.0
  • Annual Operating Expense: 2586.0

Tax Info

  • Tax Annual Amount: 966.0
  • Tax Book Number: 220.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 16, 2021
Sold by
Peterson Daniel and Peterson Jazmine
Bought by
Sudden Valley Llc
Seller's Agent
Timmy Le
HomeSmart
Buyer's Agent
Melissa Pimentel
Call Realty, Inc.
List Price
$400,000
Sold Price
$428,500
Premium/Discount to List
$28,500
7.12%
Current Estimated Value
$506,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,686
Avg. Annual Appreciation
3.68%
Original Mortgage
$297,500
Outstanding Balance
$267,848
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$238,338

Purchase Details

Listed on
May 12, 2021
Closed on
May 26, 2021
Sold by
Monter Jesus E and Hernandez Erendira
Bought by
Sudden Valley Llc
Seller's Agent
Timmy Le
HomeSmart
Buyer's Agent
Melissa Pimentel
Call Realty, Inc.
List Price
$400,000
Sold Price
$428,500
Premium/Discount to List
$28,500
7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Outstanding Balance
$267,848
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$238,338

Purchase Details

Closed on
Jun 21, 2017
Sold by
Medina Jose Eduardo
Bought by
Hernandez Erendira and Monter Jesus E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2017
Sold by
Sarcona Anna and Parada Ruben
Bought by
Medina Jose Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2005
Sold by
Sarcona Anna
Bought by
Sarcona Anna and Parada Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2003
Sold by
Garcia Juan M
Bought by
Sarcona Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,300
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 1997
Sold by
Garcia Juan M and Garcia Kim
Bought by
Garcia Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.13%
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
Sudden Valley Llc -- Empire West Title
Peterson Daniel -- Empire West Title
Sudden Valley Llc $428,500 Empire West Title Agency Llc
Hernandez Erendira -- None Available
Medina Jose Eduardo $200,000 Empire West Title Agency
Sarcona Anna -- Capital Title Agency Inc
Sarcona Anna $175,900 Transnation Title Ins Co
Garcia Juan M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Daniel $297,500
Previous Owner Medina Jose Eduardo $196,377
Previous Owner Sarcona Anna $181,500
Previous Owner Sarcona Anna $158,300
Previous Owner Garcia Juan M $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $428,500 +7.1% $168 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $400,000 -- $156 / 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 $988 $10,959 -- --
2024 $1,000 $10,437 -- --
2023 $1,000 $33,320 $6,660 $26,660
2022 $976 $24,410 $4,880 $19,530
2021 $974 $21,750 $4,350 $17,400
2020 $966 $20,920 $4,180 $16,740
2019 $895 $18,680 $3,730 $14,950
2018 $873 $15,570 $3,110 $12,460
2017 $843 $12,900 $2,580 $10,320
2016 $822 $12,080 $2,410 $9,670
2015 $771 $12,080 $2,410 $9,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6234808

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-30-070