557 S OLIVE C14, Mesa, AZ 85204
$740,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$740,000
List Date:
2/11/2022
Last Modified:
4/06/2025
Overview
Description
Listing Details MLS# 6353593
Location, Tax & Legal
- Map Code/Grid
- R39
- House Number
- 557
- Compass
- S
- Street Name
- OLIVE
- St Suffix
- --
- City/Town Code
- Mesa
- State/Province
- AZ
- Zip Code
- 85204
- Zip4
- 2560
- Country
- US
- County Code
- Maricopa
- Subdivision
- LYNWOOD TRACT LOTS 25-32
- Assessor Number
- 139-26-014-C
- Tax Year
- 2021
- Unit #
- C14
- Assessor's Map #
- 26
- Legal Description (Abbrev)
- LYNWOOD TRACT MCR 21/19 LOT 28 S 63.75F OF W 100F & S 3F E 40.50F OF W 140.50F & ALSO W 140.50F OF N
- Assessor's Parcel #
- 14
- Assessor Parcel Ltr
- C
- Add'l Parcels
- No
- Tax Municipality
- Mesa
- Census Tract
- 421902
- Taxes
- 1331
- Legal
- LYNWOOD TRACT MCR 21/19 LOT 28 S 63.75F OF W 100F & S 3F E 40.50F OF W 140.50F & ALSO W 140.50F OF N
- Marketing Name
- Olive 4plex
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- Irregular
- Year Built
- 1984
- Uncvrd Parking Spcs
- 6
- Total # of Units
- 4
- # of Buildings
- Yes
- Zoning
- RM-3
- Elementary School District
- Mesa Unified District
- High School District
- Mesa Unified District
- Elementary School
- Holmes Elementary School
- Jr. High School
- Kino Junior High School
- High School
- Mesa High School
Remarks Misc
- Cross Street
- Horne and Marilyn Ave
- Directions
- South on Horne from Broadway. West on Marilyn Ave. North on Olive Street. Property is on the right.
Status Change Info
- Off Market Date
- 2022-03-22
- Under Contract Date
- 2022-02-16
- Close of Escrow Date
- 2022-03-31
Legal Info
- Township
- 1N
- Range
- 5E
- Section
- 26
- Lot Number
- 28
More Information
Income Expenses
- Gross Annual Sch Inc
- 43500
2 Bedroom Units
- # 2 Bedroom Units
- 4
- Avg Rent
- 906
- Avg SqFt
- 840
- # Baths
- Yes
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession to Buyer
- 14800
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
Project Type
- Four Plex
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
- Brick Veneer
- Yes
Roofing
- Composition
- Yes
Floors
- Concrete
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Wtr/Swr Exp
- 4050
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 5381
- Other Income
- 0
- Vacancy Allowance
- 0.02
- Adjusted Gross Inc
- 42630
Pmt & Rate Info
- Equity
- 685000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Showing Notification Methods
- Text
- Yes
- Yes
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
- Electric
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
- Built-In Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Other (See Remarks)
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- On Street
- Yes
- >1 Space Per Unit
- Yes
- Paved
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
New Financing
- VA
- Yes
- Conventional
- Yes
- 1031 Exchange
- Yes
- Other (See Remarks)
- Yes
Existing 1st Loan
- Conventional
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- 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; Brick Veneer
Roofing:
Composition
Floors:
Concrete; Carpet
Sale Includes:
Land & Building; Laundry Equipment
Community Features:
No Pool
Appliances Included:
Built-In Range; Refrigerator
Cooling:
Ceiling Fan(s); Electric; Central Air
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
None
Parking Features:
On Street; >1 Space Per Unit; Paved
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection
Tenant Pays:
Electricity; Cable TV
Source of Fincl Data:
Other (See Remarks)
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
Existing 1st Loan:
Conventional
New Financing:
VA; Conventional; 1031 Exchange; Other (See Remarks)
Environmental:
None
Listing Office:
Dave Johnson Realty
Last Updated: April - 06 - 2025
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