Team EvoAZ at eXp Realty Featured on AZ Luxury Tour

 

Search All Available AZ Homes:
https://www.teamevoaz.com/

Welcome to one of the most highly sought after homes in the Evergreen Historic District of Mesa. There truly is no home in the Valley of the Sun that is quite like this one. The home has been the stage of many TV commercials and professional photo shoots for a variety of uses and media. Step inside and you’ll see why… The wide, treelined streets, the gathering of an eclectic variety of bungalow homes, and the quaint, tight knit community of neighbors complete the feel of times past while incorporating the convenience and amenities that a modern family requires. Built by a medical doctor in 1904/1905 when Arizona was still just a territory, the home has been renovated since yet special attention was paid to restore some of the original qualities of the home.

The original wood flooring in the formal living room still exists today as do original windows, moldings, and built-ins. With nearly 3700 square feet of living space that includes a formal living room, family room, formal dining room, and HUGE bonus / game room, you can rest assured that there is room for the entire family to gather for holidays, celebrations, and visits. The historic warmth of the home is so inviting and comfortable that you may have to actually ask guests to leave when it’s time to turn in for the evening!

The remodeled gourmet kitchen boasts gas cook stove, built in refrigerator, stainless appliances, contrasting color two tone cabinets, built-in refrigerator, apron sink, wainscoting on the walls, white subway tile backsplash, and granite counters. All three bathrooms have been completely remodeled. One has a beautiful clawfoot tub that completes the feel from the Era. The very private master suite has been completely remodeled from flooring to bathroom fixtures and decor. In addition to the spacious privacy, the master suite offers a private balcony with views soaring over the rooftops of neighbors serving as the perfect romantic getaway. The roof over the 2nd floor has been replaced recently with shingles and the entire home painted inside and out with eye-catching custom paint colors.

This little piece of historic paradise sits on an oversized lot with access to city irrigation. The options are endless from large family gatherings to baseball games with the kids on a lot of this size. Enjoy the coming and going of the seasons under the canopy of majestic, mature trees and vibrant green grass and shrubbery. The neighbors are friendly and some have been living in their homes for decades. This tight knit community feel lends itself beautifully to holiday celebrations such as Halloween and the Christmas season. More than 600 children visit Evergreen during Halloween and the streets are lined with lights and decorations immediately following Thanksgiving to welcome the coming Christmas season. If you are looking to rekindle the warmth and homey feeling of a visit to Grandma’s in your every day life then this is it. You are home.

The location is also quite convenient and up and coming. Downtown Mesa is within walking distance and is beginning it’s transformation back to the bustling metropolis that it once was. New businesses have been opened and the the light rail is almost complete. Downtown Mesa is the home of the world renowned Mesa Arts Center, the historical museum, and many highly recommended restaurants including Nunthaporn’s Thai Cuisine and the original Blue Adobe. The homes in the historic districts (there are 8 districts total) are being renovated and welcoming new families into the community. There is quite a vision among the community for the future of Downtown and the groundwork is being laid each day toward this vision. The Downtown Mesa association and the Mesa Chamber coordinate events on a weekly basis that interest all walks of life. This includes the arts, music, and family friendly events. This is a lifetime of fond memories, great neighbors, and charm all wrapped up in beautiful, Historic Downtown Mesa.

Please feel free to contact the listing agent for more information on the growth and development of this area and Downtown Mesa.

Full Remodel just south of Arcadia

This gorgeous home, just south of Arcadia, is nearly brand new! From the roof to the HVAC system and ductwork, from the plumbing to the electrical, from the windows to the water heater, it’s all new. Exceptional location less than 2 miles from the 202 and the 143 and 4 miles to the 51 and the 101. Just south of Arcadia and mere minutes from everything that Scottsdale and Arcadia has to offer including some of the best restaurants, hiking, biking, entertainment and shopping. This 4 bedroom, 2.5 bath masterpiece sits atop a nearly 7,000 square foot lot boasting huge mature shade trees, 1 car garage, plenty of parking space and cute covered front patio.

The pool-sized back yard with lush green grass is a great canvas for your favorite back yard entertainment with plenty of privacy for a relaxing retreat to wind down at the end of the day.

The Great Room style living area is adorned with plank tile throughout and an open and bright kitchen with island, two-toned shaker cabinets and gorgeous oil-rubbed bronze Edison bulb fixtures. The stainless appliances, soft-close cabinets and drawers with quartz counters add jaw dropping functionality and the large, walk-in pantry and 1/2 bath add convenience.

This 2,147 square foot home also offers 4 bedrooms and two full baths. The master suite offers impressive upgrades like the custom sliding barn doors, classic subway tile shower with decorative inset, hidden niches and waterfall shower head. Raised panel doors, custom interior paint and tall baseboards throughout.

This is the perfect opportunity to own a “new” home in an incredibly central location.

For more information: Click Here

Fixer in an Incredible Location

Located in highly sought after Loma Linda neighborhood. Great central Phoenix location between Arcadia, Biltmore, and Downtown Phoenix making this an amazingly convenient spot. 10 minutes to Sky Harbor and 3 minutes to AZ-51. Near hot restaurants like Glai Baan, Pa’La, and Binkley’s. Tear down & build new or use existing structure! Many newly built homes being constructed in the community.

For more information: Click Here

Inventory Levels and Interest Rates at an all time Low?

The inventory levels are getting dangerously close to only one month’s supply. Sellers! It’s time to sell! We need your homes to balance the market a bit. Curious where you would move to if you sold? Call me, I have a trick up my sleeve for those with this contingency. The interest rates are also super duper low… I can’t even believe that FHA and VA dipped below 3% this week.

Here’s Season 2, Episode 1 of R.E.A.L. with Matt and Katie: Be the offer that wins in a multiple offer situation

Just Sold in Phoenix, AZ – By Team EvoAZ at eXp Realty – June 2020

Team EvoAZ’s Sales Totaled $4,501,800.00 for June 2020!  

6610 E UNIVERSITY DR 118, Mesa, AZ 85205
2763 E DRY CREEK RD, Phoenix, AZ 85048
617 N SPENCER CIR, Mesa, AZ 85203
3901 S MILL AVE, Tempe, AZ 85282
149 W 8TH PL, Mesa, AZ 85201
1401 N Ironwood St,Gilbert, AZ 85234
1721 E Heather Ave, Gilbert, AZ 85234
810 S Agave Dr, Globe, AZ 85501
1289 N CONNER AVE, Gilbert, AZ 85234
3013 E DIAMOND AVE, Mesa, AZ 85204
724 W MAIN ST, Mesa, AZ 85201
440 S PARKCREST — 32, Mesa, AZ 85206
2138 S ROGERS –, Mesa, AZ 85202
10532 E RELATIVITY AVE, Mesa, AZ 85212
324 E Seven Seas Dr, Casa Grande, AZ 85122

3 Beds 3 Baths and one HUGE Lot!

Convenient Mesa location close to the Light Rail, shopping and plenty of restaurants. This spacious 2 story home with soaring vaulted ceilings and dramatic entry offers an oversized corner lot with RV gate and RV parking, recently updated flooring, paint, kitchen and baths. One bedroom is located on the first floor with double door entry and bathroom with stand up shower. Master Bedroom with walk-in closet and full bath with double sinks is located on the second floor along with another bedroom and full bath. Plenty of storage with HUGE under-the-stairs closet, linen closets and cabinets in laundry area. There’s even an exhaust fan in the attic. Storage shed conveys!

For more information: Click Here

Cute, Farmhouse Style Townhome

Adorable end unit in Casa La Mesa! The A/C unit is only a few days old and the farmhouse style interior with apron sink, laminate wood flooring and popular, custom ”griege” paint with tall baseboards and raised panel doors is 100% move-in ready. Gorgeous, bright white kitchen with plenty of cabinets, stainless appliances and subway tile backsplash offers a view of the garden area adorned with pavers. This unit has a separate storage shed, yard and 2 parking spaces. There is also a community pool! Close to Historic Downtown Mesa, the Light Rail, Pioneer Park, The Mesa Arts Center and many award winning restaurants.

For more information: Click Here

Becoming a Landlord is the best thing a Millennial can do!

By Matt Lambert

All of the ingredients needed for making a sound, long-term, and lucrative real estate investment are in the bowl.  If you are at a point in your life where there is more disposable income and words like retirement, 401k, defined benefits and IRA’s are becoming more common,  then adding real estate to your portfolio should be strongly considered.   

Many Millennials claim that they prefer renting to keep things fluid and flexible.   This could also be partially PFSD.  Post Financial Stress Disorder.  Most of our generation was fresh out of college or just starting true adult life when the crash happened.  If the crash did not affect your personal finances there is a good chance it did affect your parents, siblings or extended family.  If this is the case, I encourage you to think again and address these fears with logic that can be found in data. 

The crash was fueled by over-leveraging properties, non-existent underwriting, weak rental markets, higher interest rates, less focus on cash flow vs speculative appreciation and many other other things.  The fact is the market ingredients needed to make a sound investment are here now. Couple that with your growing financial responsibility and it’s time to become a landlord.

Have no fear, it sounds daunting and like a big pain in the a**… But, trust me, once you get rolling you realize it is easy and an amazing way to make your money work for you in a passive way.  Like the great Gary V says… passive income only exists in real estate.  Anywhere else it is a fairy tale. 

The fact is, a few extra hours of work a year will change your life and financial future forever.  

The key factor is smart leverage.  There are many different ways to approach this depending on your financial position.  I am going to approach this from two different scenarios, first being a couple who owns a home and wants to buy a larger home.  Second, being a single person who is deciding between owning and renting.  To make this less complex, I am going to leave out any sales fees,  taxes or penalties due upon liquidation of the investments.  There are many different ways you could approach this from a tax standpoint, which is a conversation with a seasoned tax advisor. 

First Scenario:  Deciding Between Selling & Renting/Holding Existing Home: 

Tim and Tina bought a home three years ago.   They originally put down 10% ($20,000) on a $200,000 property. 

Since then the property has appreciated enough to remove their PMI “Private mortgage insurance”. PMI is applied to mortgages with more than 80% loan-to-value at the close of escrow.  Tim and Tina locked in a good rate of 4.2% and currently have a monthly mortgage payment of $938.91 + $66.67 for homeowners insurance + $125.00 for property taxes. The grand total monthly payment is $1,130.58, a principal balance of $173,000 and a value of $240,000.

Tim and Tina have decided they need a larger home and want to move.  They have been saving money and are in a financial position to put up to $50,000 down.  They could sell and pay taxes on gains and put money into other investments or keep the house and rent it out.  Let’s take a look at the numbers. 

Selling Home & Investing Money In Market. 

Tim and Tina decide to sell their home and buy a new one. 

They list their home with EVOAZ.COM for 5%  and get it under contract for $240,000.

Fees incorporated 

$240,000 x 5% = $12,000

Title Fees $2,000

Inspection repairs $1,000

Total fees $15,000

They Net $225,000

Total Proceeds $52,000

IF Tim and Tina Invested the entire $52k and they get 7% annually, it’s aggressive, but let’s roll with it for the sake of the example. 

30 year Breakdown below. 


Image A.png


Image B.png

15 year value $143,469

30 year value  $395, 837 

Rental Investment Route

Right now Tim & Tina could easily rent their currently home out for $1600 a month.  Let’s apply a 3% increase annually to all incomes and debts across the board. 

30 year Breakdown below 


Image C.png


Image D.png

15 years value  $253,737
30 Years the asset/investment Value $779,643

Possible Difference in 30 years
 $383,806 more going rental route!!

Second Scenario:  Deciding Between Renting & Owning. 

John is kicking a** at life.  He is happy and has a great job that allows him to work remotely.  This allows John the freedom to travel when he likes and not be tied down to one area.   This is a reason he wants to rent as there is no commitment and he can just move around and not be tied down. 

John has been saving money and just hit a bonus.  He has $25,000 to invest in his retirement and future. 

Market Investment Route

He gives $25,000 for a 7% annual gain for 30 years. 

30-year break down below


Image E.png


Image F.png

In 15 years the $25,000 will be valued at $68,975

In 30 years $190,306 

Rental Property Investment Route

John decides he is going to buy a house as a primary residence and has all intentions of living in it for 1st year. Then he will turn it into a rental property.   He also very much likes the idea of always having a home base and also likes the tax advantages of owning. 

Right now John could buy a home for $200,000 easily rent that home out for $1600 a month.  Let’s apply a 3% increase annually to all incomes and debts across the board 

30-year break down below. 


Image G.png


Image H.png

In 15 years this investment would be valued at  $234,723

In 30 years  $732,068

Possible difference in 30 years $541,762  going rental route!! 

Please remember these numbers and figures are very much pro forma and this is an investment.  We tried to take a conservative approach but we all know markets go up and down.  For a detailed personal application you must consider your specific market, target product, time frame, personal financial and credit standing.   The importance of aligning yourself with the right team is most important.  Please do not hesitate reaching out to us anytime for more information or guidance in this process:)

Our Proven and preferred Team 

Ryan Gilliam Waterstone Mortgage 
( Purchase loans, Refinance, Equity lines and credit repair ) 
https://gilbert-az.waterstonemortgage.com/RyanGilliam.html


James Laubham Capital Accounting

( taxes, payroll, accounting, Business development, estate planning )
https://www.capitalacctpc.com/

Matthew & Katie Lambert Team EVOAZ.com 
( real estate services, Sales, rental, and development) 
https://www.evoaz.com/long-term-investments

Golf Course Gem in Dobson Ranch

Beautiful, European charm home located on a 0.27 acre cul-de-sac lot in highly desirable Dobson Ranch neighborhood. Stunning solid hard wood floors and windows throughout bring character and a luxury touch. Vaulted ceilings in dining and living room accentuate the brightness and spaciousness of the home. The stairway continues the open feel to the upstairs, where french doors lead to a sun lit master bedroom and to a master bath with a walk-in closet. Two additional bedrooms and one more bathroom on second floor offer much separation from main living space. Bedrooms four and five and a family room with a fireplace all have doors to a gorgeous, green garden that for years was the pride of the homeowners.

The kitchen and windows all around the kitchen nook also overlook the wondrous outdoor space. The backyard features a large swimming pool (diving depth), which is surrounded by mature trees that make the garden your own oasis. A must see. Will go fast!

The striking uniqueness of the home still offers much opportunity to make it yours.

Other highlights: new roof (2020), jacuzzi bathtub ($20K value), gated area with outdoor storage shed, fence separation of garden space, boat / RV storage with dedicated gate entrance, 5th bedroom removed from the main house with separate entry and garden.

For more information: Click Here