434 N HILL, Mesa, AZ 85203
$762,500
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$762,500
Last Modified:
7/25/2018
Overview
Description
Supplements:
Listing Details MLS# 5741498
Location, Tax & Legal
- Map Code/Grid
- Q39
- House Number
- 434
- Compass
- N
- Street Name
- HILL
- St Suffix
- --
- City/Town Code
- Mesa
- State/Province
- AZ
- Zip Code
- 85203
- Zip4
- 7469
- Country
- US
- County Code
- Maricopa
- Subdivision
- KO KO PALMS
- Assessor Number
- 137-37-004-A
- Tax Year
- 2017
- Assessor's Map #
- 37
- Legal Description (Abbrev)
- LOT 4 KO KO PALMS MCR 009727
- Assessor's Parcel #
- 4
- Assessor Parcel Ltr
- A
- Add'l Parcels
- No
- Tax Municipality
- Mesa
- Census Tract
- 420800
- Taxes
- 1782
- Legal
- LOT 4 KO KO PALMS MCR 009727
- Marketing Name
- KO KO PALMS
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 125.41 x 80.32
- Year Built
- 1963
- Uncvrd Parking Spcs
- 8
- Total # of Units
- 11
- # of Buildings
- 2
- Zoning
- RM-3
- Elementary School District
- Mesa Unified District
- High School District
- Mesa Unified District
- High School
- Mountain View High School
Remarks Misc
- Cross Street
- Gilbert and University
- Directions
- WEST on University to HILL, NORTH (right) BUILDING IS ON THE LEFT.
Status Change Info
- Off Market Date
- 2018-05-09
- Under Contract Date
- 2018-04-02
- Close of Escrow Date
- 2018-05-10
Legal Info
- Township
- 1N
- Range
- 5E
- Section
- 13
- Lot Number
- 4
More Information
Income Expenses
- Gross Annual Sch Inc
- 85560
- Net Operating Income
- 66367
1 Bedroom Units
- # 1 Bedroom Units
- 6
- Avg Rent
- 650
- Avg SqFt
- 600
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 5
- Avg Rent
- 750
- Avg SqFt
- 750
- # Baths
- Yes
Contact Info
- List Agent Home Phn
- 480-206-3631
Sold Info
- Loan Type
- Carryback
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 5 - 12 Units
- Yes
Other Type
- Other (See Remarks)
- Yes
Construction
- Block
- Yes
- Other
- Yes
Const - Finish
- Painted
- Yes
- Other (See Remarks)
- Yes
Roofing
- Composition
- Yes
Floors
- Ceramic Tile
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 6423
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 707
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 4000
- Annual Wtr/Swr Exp
- 6281
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 19193
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 85560
- Total Monthly Rental Income
- 7130
Status Update
- Multiple Offers Recd
- Yes
Pmt & Rate Info
- Cap Rate
- 8.14
- Down Payment
- 160000
- Equity
- 815000
- Down Payment %
- 20
- Monthly Payments
- 5100
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Electric
- Yes
- 2 or More Units
- Yes
Exterior Amenities
- Sidewalk(s)
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Electricity
- Yes
- Other (See Remarks)
- Yes
Appliances Included
- Disposal
- Yes
- Refrigerator
- Yes
Road Access Type
- Alley
- Yes
Road Surface Type
- Asphalt
- Yes
- Concrete
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- 1 Space/Unit
- Yes
Electric
- SRP
- Yes
- Other (See Remarks)
- Yes
Gas
- City Gas
- Yes
Owner Pays
- Water
- Yes
- Electric
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Conventional
- Yes
- Owner May Carry
- Yes
- 1031 Exchange
- Yes
- Other (See Remarks)
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- None
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Other Type:
Other (See Remarks)
Construction:
Block; Other
Const - Finish:
Painted; Other (See Remarks)
Roofing:
Composition
Floors:
Ceramic Tile; Carpet
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Sidewalk(s)
Interior Features:
Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included:
Refrigerator; Disposal
Cooling:
Electric; 2 or More Units
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP; Other (See Remarks)
Gas:
City Gas
Parking Features:
1 Space/Unit
Road Access Type:
Alley
Road Surface Type:
Asphalt; Concrete
Owner Pays:
Water; Electric; Trash Collection; Landscaping
Tenant Pays:
Electricity; Other (See Remarks)
Source of Fincl Data:
Owner
Status Update:
Multiple Offers Recd
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Other (See Remarks)
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Other (See Remarks)
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
New Financing:
Conventional; Owner May Carry; 1031 Exchange; Other (See Remarks)
Environmental:
None
Listing Office:
RE/MAX Solutions
Last Updated: July - 25 - 2018
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