4423 E MCLELLAN Road 111, Mesa, AZ 85205
$695,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$695,000
Last Modified:
4/06/2026
Overview
Description
Listing Details MLS# 5012518
Location, Tax & Legal
- 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
- Country
- US
- County Code
- Maricopa
- Subdivision
- Falcon Estates
- Assessor Number
- 141-72-074
- Tax Year
- 2012
- Unit #
- 111
- Building Number
- 1 & 3
- Assessor's Map #
- 72
- Legal Description (Abbrev)
- FALCON ESTATES FOURPLEX SUBDIVISION
- Assessor's Parcel #
- 74
- Add'l Parcels
- Yes
- Tax Municipality
- Mesa
- Census Tract
- 420215
- Taxes
- 4654.01
- Tax District
- 04
- Legal
- FALCON ESTATES FOURPLEX SUBDIVISION MCR 753-10 BLDG 1
- Marketing Name
- Falcon Estates 8 Units
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 6170
- Year Built
- 2005
- Uncvrd Parking Spcs
- 8
- Total # of Units
- 8
- # of Buildings
- 2
- Zoning
- R3
- Elementary School District
- Mesa Unified District
- High School District
- Mesa Unified District
- Jr. High School
- Shepherd Junior High School
- High School
- Red Mountain High School
Remarks Misc
- Cross Street
- Greenfield & McKellips
- Directions
- South on McKellips. East on McLellan
Status Change Info
- Off Market Date
- 2013-12-20
- Under Contract Date
- 2013-12-07
- Close of Escrow Date
- 2013-12-20
Legal Info
- Township
- 1N
- Range
- 6E
- Section
- 10
- Lot Number
- Yes
More Information
Income Expenses
- Gross Annual Sch Inc
- 72000
- Net Operating Income
- 50834
3 Bedrooms Units
- # 3 Bedroom Units
- 8
- Avg Rent
- 750
- Avg SqFt
- 1224
- # Baths
- 2
Sold Info
- Loan Type
- Cash
- Payment Type
- Other
- 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
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Tile
- Yes
Floors
- Concrete
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 2400
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 2400
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 0
- Owner Association
- Yes
- Annual Ownr Asoc Fee
- 12540
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 1200
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 68400
- Total Monthly Rental Income
- 6400
Pmt & Rate Info
- Cap Rate
- 6.69
- Down Payment
- 0
- Equity
- 759800
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- Pool
- Yes
- Play Area
- Yes
- Barbecue
- Yes
Heating
- Electric
- Yes
- Individual
- Yes
Cooling
- Electric
- Yes
- Individual
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Desert Landscaping
- Yes
- Cable TV Available
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
- Basement
- Yes
Tenant Pays
- Water
- Yes
- Sewer
- Yes
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Dishwasher
- Yes
- Disposal
- Yes
- Refrigerator
- Yes
- Built-In Range
- Yes
- W/D Hookup
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
- Individual Meter
- Yes
Sewer
- Sewer - Public
- Yes
- Sewer-In & Connected
- Yes
Parking Features
- Carport
- Yes
- Free
- Yes
- >1 Space Per Unit
- Yes
Electric
- SRP
- Yes
- Individual Meter
- Yes
Gas
- None
- Yes
Owner Pays
- None
- Yes
New Financing
- Conventional
- Yes
Special
- Incorporated Area
- 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
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Wood Frame
Const - Finish:
Painted; Stucco
Roofing:
Tile
Floors:
Concrete; Carpet
Sale Includes:
Land & Building
Community Features:
Pool; Play Area; Barbecue
Exterior Amenities:
Landscape Water System; Desert Landscaping; Cable TV Available
Interior Features:
Unfurnished; Fire/Smoke Alarm(s); Basement
Appliances Included:
Built-In Range; Refrigerator; Dishwasher; Disposal; W/D Hookup
Heating:
Individual
Cooling:
Electric; Individual
Water Source:
City Franchise; Individual Meter
Sewer:
Sewer - Public; Sewer-In & Connected
Electric:
SRP; Individual Meter
Gas:
None
Parking Features:
Carport; >1 Space Per Unit; Free
Road Surface Type:
Asphalt
Owner Pays:
None
Tenant Pays:
Water; Sewer; Electricity; Cable TV
Source of Fincl Data:
Projected Proforma
Special:
Incorporated Area
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Treat as Free&Clear
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Treat as Free&Clear
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
New Financing:
Conventional
Environmental:
None
Listing Office:
Better Homes & Gardens Real Estate SJ Fowler
Last Updated: April - 06 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.