NOT LISTED FOR SALE

Mesa, AZ 85201

West Main Neighborhood

Estimated Value: $377,581 - $394,000

1 Bed
-- Bath
1,666 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $183,000 $110 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,109/month

113 Days on Market

Highlights

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

About This Home

As of October 2017

Great investment opportunity in the heart of Mesa! Duplex with identical 2 bedroom 1 bathroom, 1 car carport units. Both have their own backyard and front yards, indoor laundry room, updated flooring and long term tenants. Instant cash flow as the property has no HOA and located in very high demand area.

Last Agent to Sell the Property

Kenny Klaus

Keller Williams Integrity First License #SA515503000 Listed on: 05/17/2017

Co-Listed By

Marc Slavin

Realty ONE Group License #SA633337000

Last Buyer's Agent

Pedro Morales

Redicichi Realty Group License #BR527505000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $727

Year Built

  • Built in 1971

Lot Details

  • 7,231

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Assigned Parking

Schools

  • Webster Elementary School
  • Carson Junior High Middle School
  • Westwood High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer
  • Tax Lot 77
  • Assessor Parcel Number 135-49-102

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7239
  • Mesa Verde 2 Subdivision

Building Details

  • Operating Expense $4,711
  • Net Operating Income $6,256

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$727

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Main & Alma School
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2016
  • Directions: North on Alma School, Left on 1st Place, Right on Standage, Home is on the Left
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1104.0
  • Co List Office Mls Id: kwif10
  • Co List Office Phone: 480-354-7344
  • Subdivision Name: MESA VERDE 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, 1 Space/Unit
  • 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:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • 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

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Webster Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: 7239
  • Additional Parcels: No
  • Parcel #: 135-49-102

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Insurance Expense: 600.0
  • Maintenance Expense: 1080.0
  • Property Net Operating Income: 6256.0
  • Annual Operating Expense: 4711.0
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 727.0
  • Tax Book Number: 135.00
  • Tax Lot: 77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Cortez Rogelio
Bought by
Standage Investors Llc
Current Estimated Value
$385,645

Purchase Details

Listed on
May 17, 2017
Closed on
Sep 8, 2017
Sold by
Cortez Karla
Bought by
Cortez Rogelio
Seller's Agent
Kenny Klaus
Keller Williams Integrity First
Buyer's Agent
Pedro Morales
Redicichi Realty Group
List Price
$210,000
Sold Price
$183,000
Premium/Discount to List
-$27,000
-12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$107,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Standage Investors Llc -- None Listed On Document
Cortez Rogelio -- First American Title Insuran
Cortez Rogelio $183,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortez Rogelio $103,000
Previous Owner Cortez Rogelio $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $183,000 -8.5% $110 / Sq Ft
10/26/2017 10/26/17 Price Changed $199,900 0.0% $120 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
09/06/2017 09/06/17 Price Changed $199,900 -0.1% $120 / Sq Ft
08/30/2017 08/30/17 Price Changed $200,000 -2.6% $120 / Sq Ft
08/28/2017 08/28/17 Price Changed $205,300 0.0% $123 / Sq Ft
08/21/2017 08/21/17 Price Changed $205,400 0.0% $123 / Sq Ft
07/12/2017 07/12/17 Price Changed $205,500 0.0% $123 / Sq Ft
07/05/2017 07/05/17 Price Changed $205,600 0.0% $123 / Sq Ft
06/28/2017 06/28/17 Price Changed $205,700 0.0% $123 / Sq Ft
06/14/2017 06/14/17 Price Changed $205,800 0.0% $124 / Sq Ft
06/03/2017 06/03/17 Price Changed $205,900 -1.9% $124 / Sq Ft
05/31/2017 05/31/17 Price Changed $209,900 0.0% $126 / Sq Ft
05/17/2017 05/17/17 For Sale $210,000 -- $126 / 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 $862 $9,520 -- --
2024 $871 $9,067 -- --
2023 $871 $28,720 $5,740 $22,980
2022 $852 $22,130 $4,420 $17,710
2021 $868 $18,400 $3,680 $14,720
2020 $857 $16,560 $3,310 $13,250
2019 $798 $14,110 $2,820 $11,290
2018 $764 $11,580 $2,310 $9,270
2017 $740 $10,400 $2,080 $8,320
2016 $727 $9,610 $1,920 $7,690
2015 $684 $8,430 $1,680 $6,750
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kenny Klaus

    Keller Williams Integrity First

  • Marc Slavin

    Seller Co-Listing Agent in 2017

    Marc Slavin

    Realty One Group

    (602) 762-8962

    129 Total Sales

    Marc Slavin
    Section Image
  • Pedro Morales

    Buyer's Agent in 2017

    Pedro Morales

    Redicichi Realty Group

    (480) 570-8908

    10 Total Sales

    Pedro Morales
    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5606873

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-49-102

Arizona Maricopa County Mesa 85201

West Main

This home since 17 May 2017 and is currently estimated at $385,645, approximately $231 per square foot. This property was built in 1971. This home is a home located in Maricopa County with nearby schools including Webster Elementary School, Franklin at Brimhall 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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