NOT LISTED FOR SALE

Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $785,000 - $1,196,000

-- Bed
-- Bath
4,312 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 25, 2013

Last sale price $130,000 $30 Per Sq Ft

Est. 655% increase in value since last sale

Current estimated payment $5,424/month

10 Days on Market

Highlights

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

About This Home

As of March 2013

Nice 4 plex in good condition. Short sale property. Tenants in place.

Last Agent to Sell the Property

Thad Jones DECEASED

Keller Williams Realty Phoenix License #SA565716000 Listed on: 01/02/2013

Keller Williams Realty Phoenix

Last Buyer's Agent

Ray Saigh

American Realty Brokers License #SA515048000

American Realty Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1986

Lot Details

  • 10,367

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer
  • Tax Lot 28
  • Assessor Parcel Number 141-84-339

Community Details

Overview

  • 4 Units
  • Building Dimensions are Per Tax Records
  • Manor View Subdivision

Building Details

  • Operating Expense $11,050
  • Net Operating Income $11,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,550

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Brown & Recker
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Subdivision Name: Manor View
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • 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: Per Tax Records
  • Additional Parcels: No
  • Parcel #: 141-84-339

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer
  • Number Of Units Total: 4
  • Electric Expense: 1000.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 5000.0
  • Property Net Operating Income: 11000.0
  • Annual Operating Expense: 11050.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1550.0
  • Tax Book Number: 141.00
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2014
Sold by
Perazelli Francis P
Bought by
Northhold Llc
Current Estimated Value
$981,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2013
Closed on
May 6, 2013
Sold by
Moilan Taylor
Bought by
Perazelli Francis P
Seller's Agent
Thad Jones DECEASED
Keller Williams Realty Phoenix
Buyer's Agent
Ray Saigh
American Realty Brokers
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.52%

Purchase Details

Listed on
Jan 2, 2013
Closed on
Mar 14, 2013
Sold by
Moilan Stephanie
Bought by
Moilan Taylor
Seller's Agent
Thad Jones DECEASED
Keller Williams Realty Phoenix
Buyer's Agent
Ray Saigh
American Realty Brokers
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Purchase Details

Closed on
Mar 15, 2005
Sold by
Matlock Brian
Bought by
L & M Strategic 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
$326,250
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2004
Sold by
L & M Strategic Investments Llc
Bought by
Matlock Brian

Purchase Details

Closed on
Jan 8, 2003
Sold by
Matlock Brian
Bought by
L & M Strategic Investments

Purchase Details

Closed on
Oct 4, 1994
Sold by
Conn Debra Tindle
Bought by
Matlock Brian
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Northhold Llc -- Pioneer Title Agency Inc
Perazelli Francis P $130,500 None Available
Moilan Taylor -- Old Republic Title Agency
Mollan Taylor $130,000 Old Republic Title Agency
L & M Strategic Investments Llc -- Camelback Title Agency Llc
Matlock Brian -- Camelback Title Agency Llc
L & M Strategic Investments -- --
Matlock Brian $142,000 United Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2013 03/25/13 Sold $130,000 -3.7% $30 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
12/24/2012 12/24/12 For Sale $135,000 -- $31 / 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 $2,625 $26,746 -- --
2024 $2,647 $25,472 -- --
2023 $2,647 $75,700 $15,140 $60,560
2022 $2,592 $53,750 $10,750 $43,000
2021 $2,624 $46,750 $9,350 $37,400
2020 $2,589 $41,720 $8,340 $33,380
2019 $2,419 $36,600 $7,320 $29,280
2018 $2,322 $33,730 $6,740 $26,990
2017 $2,253 $23,480 $4,690 $18,790
2016 $2,211 $23,110 $4,620 $18,490
2015 $2,078 $22,500 $4,500 $18,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Thad Jones DECEASED

    Keller Williams Realty Phoenix

    Section Image
  • Ray Saigh

    Buyer's Agent in 2013

    Ray Saigh

    American Realty Brokers

    (602) 793-9310

    1 in this area

    56 Total Sales

    Ray Saigh
    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4868057

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-339

Arizona Maricopa County Mesa 85205

Central Mesa East

This home since 02 January 2013 and is currently estimated at $981,667, approximately $227 per square foot. This property was built in 1986. This home is a home located in Maricopa County with nearby schools including Mendoza 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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