507 N Hall Mesa, AZ 85203
Mesa Patios NeighborhoodHighlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
- Franklin at Brimhall Elementary School Rated A
About This Home
As of March 2025Excellent investment opportunity in Mesa priced to sell! Huge upside on Month to Month Rents. This FourPlex is solid block construction. EACH UNIT has 2 Bedrooms, 1 Bath, covered carport parking, private side yard, storage room, and washer /dryer hookup. Perfect for investors looking to expand their portfolio or generate steady rental income. ADDITIONAL FOURPLEX - 4
BUILDINGS TO NORTH FOR SELL - 543 N Hall - same owner. Facts and figures approximate, buyer to verify to their own satisfaction.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,560
Year Built
- Built in 1971
Home Design
- Composition Roof
- Foam Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Covered Spaces
Schools
- Michael T. Hughes Elementary School
- Poston Junior High School
- Mountain View High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- The owner pays for water, sewer
- Tax Lot 72
- Assessor Parcel Number 137-37-072-B
Community Details
Overview
- 4 Units
- Building Dimensions are 10,303
- Ko Ko Palms 2 Lots 34 76 Subdivision
Building Details
- Operating Expense $1,560
- Gross Income $45,120
- Net Operating Income $37,109
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | Sold | $625,000 | +0.8% | $205 / Sq Ft |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 02/10/2025 02/10/25 | For Sale | $620,000 | -- | $203 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,560 | $15,898 | -- | -- |
| 2024 | $1,573 | $15,141 | -- | -- |
| 2023 | $1,573 | $50,500 | $10,100 | $40,400 |
| 2022 | $1,541 | $38,070 | $7,610 | $30,460 |
| 2021 | $1,560 | $30,920 | $6,180 | $24,740 |
| 2020 | $1,539 | $27,570 | $5,510 | $22,060 |
| 2019 | $1,438 | $18,420 | $3,680 | $14,740 |
| 2018 | $1,380 | $16,050 | $3,210 | $12,840 |
| 2017 | $1,339 | $14,910 | $2,980 | $11,930 |
| 2016 | $1,314 | $14,200 | $2,840 | $11,360 |
| 2015 | $1,235 | $15,050 | $3,010 | $12,040 |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,260,000 | Stewart Title & Trust Of Phoen | |
| Warranty Deed | $1,250,000 | Stewart Title & Trust Of Phoen | |
| Special Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6818615
APN: 137-37-072B
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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