809 N DATE Street, Mesa, AZ 85201
$1,600,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,600,000
Last Modified:
5/08/2024
Overview
Description
Listing Details MLS# 6663214
Location, Tax & Legal
- House Number
- 809
- Compass
- N
- Street Name
- DATE
- St Suffix
- Street
- City/Town Code
- Mesa
- State/Province
- AZ
- Zip Code
- 85201
- Zip4
- 4081
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 135-17-007-K
- Tax Year
- 2023
- Assessor's Map #
- 17
- Legal Description (Abbrev)
- S 99F OF FOL DESC PROP S 487.5F OF E 1/3 OF E2 OF SW4 NE4 EX S 40F & EX W 25F & EX E 75F & EX P/D
- Assessor's Parcel #
- 7
- Assessor Parcel Ltr
- K
- Add'l Parcels
- Yes
- Tax Municipality
- Mesa
- Census Tract
- 421102
- Taxes
- 1493
- Tax District
- 4
- Legal
- S 99F OF FOL DESC PROP S 487.5F OF E 1/3 OF E2 OF SW4 NE4 EX S 40F & EX W 25F & EX E 75F & EX P/D
- Marketing Name
- Date St
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- IRR
- Year Built
- 1983
- Uncvrd Parking Spcs
- 12
- Total # of Units
- 8
- # of Buildings
- 2
- Zoning
- MULTI
- Flood Zone
- No
- Elementary School District
- Mesa Unified District
- High School District
- Mesa Unified District
Remarks Misc
- Cross Street
- Country Club & Rio Solado
- Directions
- West on Rio Salado to Date St. Property on North East Corner of Date and Rio Salado
Status Change Info
- Off Market Date
- 2024-04-09
- Under Contract Date
- 2024-04-08
- Close of Escrow Date
- 2024-05-07
Legal Info
- Township
- 1N
- Range
- 5E
- Section
- 16
- Lot Number
- MB
More Information
2 Bedroom Units
- # 2 Bedroom Units
- 8
- Avg Rent
- 1400
- Avg SqFt
- 791
- # Baths
- Yes
Income Expenses
- Gross Annual Sch Inc
- 132767.76
- Net Operating Income
- 92929.72
Showing Notification Methods
- Showing Service
- Non-MLS Showing Service - See Private Remarks
- Text
- Yes
Sold Info
- Loan Type
- Conventional
- 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
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Ceramic Tile
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 1530
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 20954.75
- Annual Mgmt Exp
- 7966.07
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 7894.22
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 39838.04
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 132767.76
- Total Monthly Rental Income
- 132767.76
Pmt & Rate Info
- Cap Rate
- 5.16
- Down Payment
- 0
- Equity
- 1800000
- 1st Encumbrance
- 0
- Down Payment %
- 0
- Monthly Payments
- 0
- 1st Interest Rate
- 0
- 1st Payment
- 0
- 1st Payment Freq
- None
- 2nd Encumbrance
- 0
- 2nd Payment
- 0
- 2nd Payment Freq
- None
- 3rd Encumbrance
- 0
- 3rd Payment
- 0
- 3rd Payment Freq
- None
- Total Owed
- 0
- Assessment Balance
- 0
Lockbox Type
- Other
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
- Individual
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
- Individual
- Yes
Exterior Amenities
- Partially Fenced
- Yes
- Cable TV Available
- Yes
- Patio/Balcony
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Dishwasher
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Built-In Range
- Yes
- W/D Hookup
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
- Sewer-In & Connected
- Yes
Parking Features
- Free
- Yes
- >1 Space Per Unit
- Yes
- Paved
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Conventional
- Yes
- FHA
- Yes
- 1031 Exchange
- 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
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Mobile Home Prk Info
- Avg Rent Single Wide
- 0
- Avg Rent Double Wide
- 0
- Avg Rent Ovrnght Spc
- 0
- Avg Rent RV Spaces
- 0
- Avg Rent Oversize Sp
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Wood Frame
Const - Finish:
Painted; Stucco
Roofing:
Composition
Floors:
Ceramic Tile; Carpet
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Partially Fenced; Cable TV Available; Patio/Balcony
Interior Features:
Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included:
Built-In Range; Refrigerator; Dishwasher; Microwave; W/D Hookup
Heating:
Individual
Cooling:
Electric; Individual; Central Air
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public; Sewer-In & Connected
Electric:
SRP
Gas:
None
Parking Features:
>1 Space Per Unit; Free; Paved
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity
Source of Fincl Data:
Owner
Special:
Incorporated Area
Showing Notification Methods:
Text
Lockbox Type:
Other
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:
FHA; Conventional; 1031 Exchange
Environmental:
None
Listing Office:
Tradelands Realty
Last Updated: May - 08 - 2024
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