NOT LISTED FOR SALE

Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $758,000 - $947,000

-- Bed
-- Bath
3,220 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 02, 2013

Last sale price $115,500 $36 Per Sq Ft

Est. 626% increase in value since last sale

Current estimated payment $4,558/month

Highlights

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

About This Home

As of April 2013

This home since 27 December 2012 and is currently estimated at $839,000, approximately $260 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.

Last Agent to Sell the Property

David Wright

HomeSmart License #SA572082000 Listed on: 12/27/2012

HomeSmart

Last Buyer's Agent

James Bourdeau

Orange Realty License #BR007472000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,595

Year Built

  • Built in 1986

Lot Details

  • 8,930

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 1 Parking Space
  • 1 Covered Space

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 141-84-313

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8934
  • Manor View Subdivision

Building Details

  • Operating Expense $3,295
  • Net Operating Income $17,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,595

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Power and Brown
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Subdivision Name: Manor View
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Total Parking Spaces: 1.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 8934
  • Additional Parcels: No
  • Parcel #: 141-84-313

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer
  • Number Of Units Total: 3
  • Insurance Expense: 800.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 17000.0
  • Annual Operating Expense: 3295.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1595.0
  • Tax Book Number: 141.00
  • Tax Lot: 2

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
$839,000

Purchase Details

Listed on
Dec 27, 2012
Closed on
May 6, 2013
Sold by
King Bill
Bought by
Perazelli Francis P
Seller's Agent
David Wright
HomeSmart
Buyer's Agent
James Bourdeau
Orange Realty
List Price
$115,000
Sold Price
$115,500
Premium/Discount to List
$500
0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%

Purchase Details

Listed on
Dec 27, 2012
Closed on
Mar 26, 2013
Sold by
King Erlinda
Bought by
King Bill
Seller's Agent
David Wright
HomeSmart
Buyer's Agent
James Bourdeau
Orange Realty
List Price
$115,000
Sold Price
$115,500
Premium/Discount to List
$500
0.43%

Purchase Details

Closed on
Feb 13, 2006
Sold by
Matlock Brian K
Bought by
L & M Strategic Investments

Purchase Details

Closed on
Jul 8, 2005
Sold by
L&M Strategic Investments
Bought by
Matlock Brian K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

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

Purchase Details

Closed on
Jan 21, 1999
Sold by
Lawson E Leroy and Lawson Joy A
Bought by
Matlock Brian K and Matlock Brian Keith

Purchase Details

Closed on
Apr 1, 1998
Sold by
Lawson Everett L and Lawson Joy A
Bought by
Lawson E Leroy and Lawson Joy A

Purchase Details

Closed on
Mar 4, 1994
Sold by
Lawson Leory and Lawson Joy A
Bought by
Matlock Brian Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,926
Interest Rate
8.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $116,580 None Available
King Bill -- Old Republic Title Agency
King Bill $115,500 Old Republic Title Agency
Matlock Brian -- Old Republic Title Agency
L & M Strategic Investments -- Camelback Title Agency Llc
Matlock Brian K -- --
L&M Strategic Investments -- --
Matlock Brian K -- Chicago Title Insurance Co
Lawson E Leroy -- --
Matlock Brian Keith $99,550 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matlock Brian K $320,000
Previous Owner Matlock Brian Keith $98,926
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2013 04/02/13 Sold $115,500 +0.4% $36 / Sq Ft
12/27/2012 12/27/12 Pending -- -- --
12/27/2012 12/27/12 For Sale $115,000 -- $36 / 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 $1,939 $19,652 -- --
2024 $1,945 $18,716 -- --
2023 $1,945 $54,430 $10,880 $43,550
2022 $1,905 $39,480 $7,890 $31,590
2021 $1,928 $35,450 $7,090 $28,360
2020 $1,903 $32,330 $6,460 $25,870
2019 $1,778 $28,600 $5,720 $22,880
2018 $1,706 $26,310 $5,260 $21,050
2017 $1,655 $17,710 $3,540 $14,170
2016 $1,625 $17,270 $3,450 $13,820
2015 $1,527 $16,460 $3,290 $13,170
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    David Wright

    HomeSmart

    (602) 690-4874

    1 in this area

    19 Total Sales

    David Wright
    Section Image

  • J

    Buyer's Agent in 2013

    James Bourdeau

    Orange Realty

See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4867816

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-313

Arizona Maricopa County Mesa 85205

Central Mesa East

Not Listed for Sale

MultiFamily

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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