4423 E MCLELLAN Road 109-112, Mesa, AZ 85205

$998,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $998,000 Last Modified: 4/26/2025

Description

Built in 2005, this fourplex has four 3 bedroom, 2 bathrooms units with refrigerators in each unit. Three of the units include washer and dryer. Tenants pay for electricity, sewer and water. Community features include community pool and playground area. All units are currently vacant, however the most recent rent rates were as follows: #109 = $1,425.00, #110 = $1,525.00, #111 = $1,375.00, #112 = $1,500.00.

More Information MLS# 6494056

Contract Info

Ownership: Fee Simple Current Price: $998,000 Sold Price: $998,000 Status: Closed List Date: 2022-11-30

Location, Tax & Legal

Unit #: 109-112 Assessor's Map #: 72 Legal Description (Abbrev): LOT 3 FALCON ESTATES FOURPLEX SUBDIVISION MCR 075310 Assessor's Parcel #: 76 Add'l Parcels: No Tax Municipality: Mesa Census Tract: 420215 Taxes: 3805 Legal: LOT 3 FALCON ESTATES FOURPLEX SUBDIVISION MCR 075310 Marketing Name: Fourplex Map Code/Grid: Q41 House Number: 4423 Compass: E Street Name: MCLELLAN St Suffix: Road City/Town Code: Mesa State/Province: AZ Zip Code: 85205 Zip4: 3216 County Code: Maricopa Subdivision: FALCON ESTATES FOURPLEX SUBDIVISION Assessor Number: 141-72-076 Tax Year: 2022

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 1 Lot Size Dimensions: Uknown Total # of Units: 4 Elementary School District: Mesa Unified District High School District: Mesa Unified District Elementary School: Bush Elementary Jr. High School: Shepherd Junior High School High School: Red Mountain High School Year Built: 2005 Zoning: RM-3

Legal Info

Range: 6E Section: 10 Township: 1N Lot Number: 3

Project Type

Four Plex: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Tile: 1

Floors

Ceramic Tile: 1 Carpet: 1

Sale Includes

Other (See Remarks): 1

Income & Expenses

Owner Association: Yes Annual Ownr Asoc Fee: 10236 Operating Exp: 14041 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Pmt & Rate Info

Equity: 997528 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0 Assessment Balance: 4000 Assessment Bal Yrs: 1

Lockbox Type

Supra: 1

Community Features

Pool: 1 Play Area: 1

Heating

Electric: 1

Cooling

Electric: 1

Interior Features

Basement: 1

Tenant Pays

Water: 1 Sewer: 1 Electricity: 1

Appliances Included

Dishwasher: 1 Refrigerator: 1 Washer/Dryer: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Other (See Remarks): 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Paved: 1 Assigned: 1

Electric

SRP: 1

Gas

None: 1

Owner Pays

Other: 1 See Remarks: 1

New Financing

Cash to Loan: 1 Conventional: 1

Existing 1st Loan

Treat as Free&Clear: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Efficiency Units

# Efficiency Units: 4 Avg Rent: 1456.25 Avg SqFt: 1225 # Baths: 2

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

# 3 Bedroom Units: 4 Avg Rent: 1456.25 Avg SqFt: 1225 # Baths: 2

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Carryback Loan Years: 1 Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Greenfield Rd and McKellips Rd Directions: South On Greenfield Rd, East on McLellan to Falcon Estates Geo Lat: 33.44428 Geo Lon: -111.735242

Status Change Info

Off Market Date: 2022-12-28 Under Contract Date: 2022-12-14 Close of Escrow Date: 2022-12-27 Sold Price: $998,000

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Floors: Ceramic Tile; Carpet Sale Includes: Other (See Remarks) Community Features: Pool; Play Area Interior Features: Basement Appliances Included: Refrigerator; Dishwasher; Washer/Dryer Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Assigned; Paved Road Surface Type: Asphalt Owner Pays: Other; See Remarks Tenant Pays: Water; Sewer; Electricity Source of Fincl Data: Other (See Remarks) Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Cash to Loan; Conventional Environmental: None
Listing Office: Century 21 Seago
IDX
Last Updated: April - 26 - 2025
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