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514 S BELLVIEW Road, Mesa, AZ 85204
$715,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$715,000
List Date:
1/02/2025
Last Modified:
6/18/2025
Overview
Description
Listing Details MLS# 6799037
Location, Tax & Legal
- House Number
- 514
- Compass
- S
- Street Name
- BELLVIEW
- St Suffix
- Road
- City/Town Code
- Mesa
- State/Province
- AZ
- Zip Code
- 85204
- Zip4
- 2588
- Country
- US
- County Code
- Maricopa
- Subdivision
- LYDIA ALLEN TRACT
- Assessor Number
- 139-23-034-B
- Tax Year
- 2024
- Assessor's Map #
- 23
- Legal Description (Abbrev)
- LYDIA ALLEN TR MCR 29/21 TH PT LOT 11 DAF BEG AT NW COR LOT 11 TH E 100F TH S 63.83F TPOB TH E 186F
- Assessor's Parcel #
- 34
- Assessor Parcel Ltr
- B
- Add'l Parcels
- No
- Tax Municipality
- Mesa
- Census Tract
- 421902
- Taxes
- 1453
- Legal
- LYDIA ALLEN TR MCR 29/21 TH PT LOT 11 DAF BEG AT NW COR LOT 11 TH E 100F TH S 63.83F TPOB TH E 186F
- Marketing Name
- 4 pelx
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 186 by 63
- Year Built
- 1982
- Uncvrd Parking Spcs
- 8
- Total # of Units
- 4
- # of Buildings
- Yes
- Zoning
- Rm-4
- Elementary School District
- Mesa Unified District
- High School District
- Mesa Unified District
Status Change Info
- Off Market Date
- 2025-05-02
- Under Contract Date
- 2025-04-22
- Close of Escrow Date
- 2025-06-13
Legal Info
- Township
- 1N
- Range
- 5E
- Section
- 26
- Lot Number
- 11
More Information
Income Expenses
- Gross Annual Sch Inc
- 70800
- Net Operating Income
- 67260
Showing Notification Methods
- Showing Service
- No Showing Service Used
2 Bedroom Units
- # 2 Bedroom Units
- 4
- Avg Rent
- 1475
- Avg SqFt
- 780
- # Baths
- 4
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Buyer - B
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- Four Plex
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Vinyl
- Yes
- Other
- Yes
Sale Includes
- Other (See Remarks)
- Yes
Income & Expenses
- Annual Wtr/Swr Exp
- 4500
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 5953
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 67260
Pmt & Rate Info
- Cap Rate
- 8.98
- Equity
- 749000
- Down Payment %
- 20
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Refrigerator
- Yes
- Built-In Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- On Street
- Yes
- >1 Space Per Unit
- Yes
Electric
- City Electric
- Yes
- Other (See Remarks)
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
New Financing
- Cash
- Yes
- VA
- Yes
- Conventional
- Yes
- FHA
- Yes
- 1031 Exchange
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
Four Plex
Construction:
Wood Frame
Const - Finish:
Painted; Stucco
Roofing:
Composition
Floors:
Vinyl; Other
Sale Includes:
Other (See Remarks)
Community Features:
No Pool
Appliances Included:
Built-In Range; Refrigerator
Cooling:
Central Air
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
City Electric; Other (See Remarks)
Gas:
None
Parking Features:
On Street; >1 Space Per Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection
Tenant Pays:
Electricity
Source of Fincl Data:
Projected Proforma
Lockbox Type:
None
New Financing:
Cash; VA; FHA; Conventional; 1031 Exchange
Environmental:
None
Documents
Listing Office:
Gile Commercial Real Estate
Last Updated: June - 18 - 2025
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