NOT LISTED FOR SALE

Mesa, AZ 85201

West Main Neighborhood
24 Beds
12 Baths
745 Sq Ft
1986 Built

Last Sold October 20, 2017

Last sale price $839,900 $1,127 Per Sq Ft

10 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2017

DO NOT DISTURB TENANTS!! 2 - 6 plexes built in 1986 by the seller. Units are being sold as a package. All 12 units are 2 bedroom/1 bath units. Located on their own lots and no HOA. Units offer individually metered electricity and paid by the tenants. Landlord furnishes the water, sewer & trash. The kitchens feature dining bar, dining area, refrigerator, stove, dishwasher and washer/dryer. The lower units have small patios; the upper units have decks. The units are located just blocks from the new Mesa Art Center, light rail, shopping, schools, restaurants and the 101 freeway for easy access to all major employers. This sale is subject to the seller's 1031 being completed.

Last Agent to Sell the Property

Donald Jackson Jr

Keller Williams Integrity First License #BR525414000 Listed on: 07/21/2017

Last Buyer's Agent

Matthew Roach

Orion Investment Real Estate License #SA659386000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 24 Parking Spaces
  • 16 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Paved Parking
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 90 & 91
  • Assessor Parcel Number 135-47-094

Community Details

Overview

  • 2 Buildings
  • 12 Units
  • Building Dimensions are 49.81 x 173.36 & 53.11 x 173.35
  • San Clemente Subdivision

Building Details

  • Operating Expense $19,175
  • Gross Income $80,520
  • Net Operating Income $61,345

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,967

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Dobson & Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-family
  • Number Of Buildings: 2
  • Year Built: 1986
  • Tax Year: 2016
  • Directions: West on Main to May, then N on May to property, on East side of the road.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1693.0
  • Subdivision Name: San Clemente
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 16.0
  • Parking Features: Paved Parking, Free, Assigned, <1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 24.0
  • General Property Description:Covered Parking Spcs: 16.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 24.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Annual Water Sewer Expense: 540.0

Schools

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

Lot Info

  • Lot Size: 49.81 x 173.36 & 53.11 x 173.35
  • Additional Parcels: No
  • Parcel #: 135-47-094

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 12
  • Electric Expense: 9170.0
  • Annual Gross Income: 80520.0
  • Insurance Expense: 3107.0
  • Maintenance Expense: 1398.0
  • Property Net Operating Income: 61345.0
  • Annual Operating Expense: 19175.0

Tax Info

  • Tax Annual Amount: 2967.0
  • Tax Book Number: 135.00
  • Tax Lot: 90 & 91

Range of Values:

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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
10/20/2017 10/20/17 Sold $839,900 -1.2% $1,127 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $849,900 +1.2% $1,141 / Sq Ft
07/27/2017 07/27/17 Off Market $839,900 -- --
07/21/2017 07/21/17 For Sale $849,900 -- $1,141 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Donald Jackson Jr

    Keller Williams Integrity First

    Section Image

  • M

    Buyer's Agent in 2017

    Matthew Roach

    Orion Investment Real Estate

See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5636225

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Mesa 85201

West Main

This home since 21 July 2017. This property was built in 1986. 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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