NOT LISTED FOR SALE

Estimated Value: $396,000 - $448,000

Studio
-- Bath
1,481 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $424,000 $286 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,211/month

8 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of May 2022

Duplex is close to the revitalized heart of Mesa. In the last two years, the property has had a new roof, 2 new AC's, and one unit has been completely renovated. Tenants enjoy covered off street parking. Property is in a cul de sac. Drive by only do not disturb tenants.

Last Agent to Sell the Property

Larry Burr

ATLAS AZ, LLC License #SA684467000 Listed on: 04/15/2022

Last Buyer's Agent

Larry Burr

ATLAS AZ, LLC License #SA684467000 Listed on: 04/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $704

Year Built

  • Built in 1963

Lot Details

  • 8,451

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer, landscaping
  • Tax Lot 15
  • Assessor Parcel Number 138-14-019-H

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8433
  • Hibbert Allen Acres Lots 8 20 Subdivision

Building Details

  • Operating Expense $704

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$704

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: STAPLEY & BROADWAY
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM3
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2021
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: HIBBERT-ALLEN ACRES LOTS 8-20
  • Tax Parcel Letter: H
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 8433
  • Additional Parcels: No
  • Parcel #: 138-14-019-H

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Operating Expense: 704.0

Tax Info

  • Tax Annual Amount: 704.0
  • Tax Book Number: 138.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 27, 2022
Sold by
Mesa Rock Investments Llc
Bought by
Marquis Ken
Seller's Agent
Larry Burr
ATLAS AZ, LLC
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$419,000
Sold Price
$424,000
Premium/Discount to List
$5,000
1.19%
Current Estimated Value
$411,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,360
Avg. Annual Appreciation
-0.81%
Original Mortgage
$318,000
Outstanding Balance
$302,153
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$109,487

Purchase Details

Closed on
May 11, 2021
Sold by
Partoll Joseph
Bought by
Mesa Rock Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2020
Sold by
Partoll Joseph K
Bought by
Mesa Rock Investments Llc

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 13, 2020
Sold by
Boswell Malcolm E
Bought by
Partoll Joseph K
Seller's Agent
Heather Cates
Realty ONE Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$161,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2013
Sold by
Olsen Ren C and Olsen Toni Lynn
Bought by
Boswell Malcolm E and Boswell Lorin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,125
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2004
Sold by
Olsen Toni Lynn
Bought by
Olsen Ron C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1999
Sold by
Bellerose John A
Bought by
Cuevas Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,888
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 1999
Sold by
Thorne David G and Thorne Nancy I
Bought by
Bellerose John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,888
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 1994
Sold by
Pap Morris L and Pap Jacquelyn M
Bought by
Thorne David G and Thorne Nancy I
Source: Public Records
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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
Marquis Ken $424,000 New Title Company Name
Mesa Rock Investments Llc -- Premier Title Agency
Partoll Joseph -- Premier Title Agency
Mesa Rock Investments Llc -- None Available
Partoll Joseph K $215,000 First Integrity Title Agency
Boswell Malcolm E $89,500 Us Title Agency Llc
Olsen Ron C -- Security Title Agency
Olsen Ron C $130,000 Security Title Agency
Cuevas Gerardo $75,000 Security Title Agency
Bellerose John A $40,000 Security Title Agency
Thorne David G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquis Ken $318,000
Previous Owner Partoll Joseph $162,000
Previous Owner Partoll Joseph K $161,250
Previous Owner Boswell Malcolm E $67,125
Previous Owner Olsen Ron C $88,000
Previous Owner Cuevas Gerardo $72,888
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2022 05/24/22 Sold $424,000 +1.2% $286 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $419,000 +94.9% $283 / Sq Ft
02/18/2020 02/18/20 Sold $215,000 -10.0% $145 / Sq Ft View Prior Sale
02/15/2020 02/15/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $239,000 0.0% $161 / Sq Ft
02/12/2020 02/12/20 Price Changed $239,000 0.0% $161 / Sq Ft
01/03/2020 01/03/20 For Sale $239,000 -- $161 / 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 $708 $7,175 -- --
2024 $710 $6,833 -- --
2023 $710 $25,370 $5,070 $20,300
2022 $695 $17,220 $3,440 $13,780
2021 $704 $14,000 $2,800 $11,200
2020 $695 $12,480 $2,490 $9,990
2019 $601 $10,350 $2,070 $8,280
2018 $576 $9,420 $1,880 $7,540
2017 $558 $8,700 $1,740 $6,960
2016 $548 $7,780 $1,550 $6,230
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6384025

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-14-019H