NOT LISTED FOR SALE

Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $993,000 - $1,313,000

Studio
-- Bath
4,312 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 25, 2013

Last sale price $137,000 $32 Per Sq Ft

Est. 745% increase in value since last sale

Current estimated payment $6,271/month

7 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. Contact lister for details.

Last Agent to Sell the Property

Thad Jones DECEASED

Keller Williams Realty Phoenix License #SA565716000 Listed on: 12/24/2012

Keller Williams Realty Phoenix

Last Buyer's Agent

Beverly Wright

HomeSmart Realty License #BR539328000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 1986

Lot Details

  • 10,280

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 13
  • Assessor Parcel Number 141-84-324

Community Details

Overview

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

Building Details

  • Operating Expense $11,034
  • Net Operating Income $11,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,534

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 #: 141-84-324

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: 11034.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1534.0
  • Tax Book Number: 141.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2014
Sold by
Mr Capital Llc
Bought by
6219 Glencove Llc
Current Estimated Value
$1,157,667

Purchase Details

Closed on
Oct 14, 2013
Sold by
Schween Donald Paul
Bought by
Mr Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 24, 2012
Closed on
Mar 15, 2013
Sold by
Matlock Brian
Bought by
Schween Donald Paul
Seller's Agent
Thad Jones DECEASED
Keller Williams Realty Phoenix
Buyer's Agent
Beverly Wright
HomeSmart Realty
List Price
$135,000
Sold Price
$137,000
Premium/Discount to List
$2,000
1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.13%

Purchase Details

Closed on
Dec 9, 2008
Sold by
Matlock Brian
Bought by
L & M Strategic Investments Llc

Purchase Details

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

Purchase Details

Closed on
Jul 1, 2003
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
$153,300
Interest Rate
5.72%
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
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
6219 Glencove Llc -- None Available
Mr Capital Llc -- None Available
Schween Donald Paul $137,000 Old Republic Title Agency
Schween Donald Paul $137,000 Old Republic Title Agency
L & M Strategic Investments Llc -- None Available
Matlock Brian -- Camelback Title Agency Llc
Matlock Brian K -- --
L&M Strategic Investments -- --
Matlock Brian K -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mr Capital Llc $300,000
Previous Owner Matlock Brian K $153,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2013 03/25/13 Sold $137,000 +1.5% $32 / Sq Ft
12/31/2012 12/31/12 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 $2,615 $26,510 -- --
2024 $2,624 $25,248 -- --
2023 $2,624 $75,630 $15,120 $60,510
2022 $2,569 $53,700 $10,740 $42,960
2021 $2,601 $46,680 $9,330 $37,350
2020 $2,567 $41,670 $8,330 $33,340
2019 $2,398 $36,570 $7,310 $29,260
2018 $2,302 $33,710 $6,740 $26,970
2017 $2,233 $23,460 $4,690 $18,770
2016 $2,192 $21,780 $4,350 $17,430
2015 $2,060 $19,700 $3,940 $15,760
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Thad Jones DECEASED

    Keller Williams Realty Phoenix

    Section Image

  • B

    Buyer's Agent in 2013

    Beverly Wright

    HomeSmart Realty

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

MLS Number: 4868048

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-324

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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