NOT LISTED FOR SALE

1059 N Wedgewood Dr Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $517,495 - $590,000

-- Bed
-- Bath
840 Sq Ft
$655/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $465,000 $554 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,008/month

23 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of September 2021

Remarkable opportunity in great shape triplex with no HOA. The owner occupies one unit and the other two are leased. Drive by only, Do Not Disturb Tenants.

Last Agent to Sell the Property

Ashley Sanchez Ochoa

HomeSmart License #SA677897000 Listed on: 07/15/2021

Last Buyer's Agent

Russell Shaw

Realty One Group License #BR008345000

Realty One Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1975

Lot Details

  • 9,757

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Over 1 Space Per Unit

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 182
  • Assessor Parcel Number 137-32-288

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR
  • Enchanted Village Subdivision

Building Details

  • Operating Expense $4,046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,246

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Cross Street: Brown & Mesa Drive
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: C
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1975
  • Tax Year: 2020
  • Directions: North on Mesa Dr. from 60 or South on Mesa from 202, East on Brown to Wedgewood, South on Wedgewood to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: ENCHANTED VILLAGE
  • Garage Yn: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Garage: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 1800.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 137-32-288

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 3
  • Insurance Expense: 1000.0
  • Annual Operating Expense: 4046.0

Tax Info

  • Tax Annual Amount: 1246.0
  • Tax Book Number: 137.00
  • Tax Lot: 182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 13, 2021
Sold by
Arias Carlos E Uribstegui and Lara Stefany Avalos
Bought by
Shi Honglian
Seller's Agent
Ashley Sanchez Ochoa
HomeSmart
Buyer's Agent
Russell Shaw
Realty One Group
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%
Current Estimated Value
$549,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,874
Avg. Annual Appreciation
4.87%
Original Mortgage
$325,500
Outstanding Balance
$298,991
Interest Rate
2.7%
Estimated Equity
$264,065

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 10, 2021
Sold by
Jin Jiana
Bought by
Shi Honglian
Seller's Agent
Ashley Sanchez Ochoa
HomeSmart
Buyer's Agent
Russell Shaw
Realty One Group
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Outstanding Balance
$298,991
Interest Rate
2.7%
Estimated Equity
$264,065

Purchase Details

Closed on
Dec 27, 2017
Sold by
Torres Jose A and Torres Idolina
Bought by
Arias Carlos E Uriostegui and Lara Stefany Avalos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2006
Sold by
Papa John L and Papa Sarah J
Bought by
Torres Jose A and Torres Idolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2003
Sold by
Session Aaron and Sessions Monica
Bought by
Papa John L and Papa Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,144
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 1998
Sold by
Sessions Dean and Sessions Danette
Bought by
Sessions Aaron and Sessions Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,030
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shi Honglian $465,000 Old Republic Title Agency
Shi Honglian -- Old Republic Title Agency
Arias Carlos E Uriostegui $270,000 Great American Title Agency
Torres Jose A $296,000 Security Title Agency Inc
Papa John L $205,000 Transnation Title Insurance
Sessions Aaron $139,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Honglian $325,500
Closed Shi Honglian $325,500
Previous Owner Arias Carlos E Uriostegui $265,109
Previous Owner Torres Jose A $222,000
Previous Owner Papa John L $202,144
Previous Owner Sessions Aaron $137,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $465,000 -7.0% $554 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
08/01/2021 08/01/21 For Sale $500,000 0.0% $595 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $500,000 -- $595 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,263 $12,866 -- --
2024 $1,273 $12,253 -- --
2023 $1,273 $41,530 $8,300 $33,230
2022 $1,247 $32,250 $6,450 $25,800
2021 $1,262 $26,720 $5,340 $21,380
2020 $1,246 $24,380 $4,870 $19,510
2019 $1,164 $20,950 $4,190 $16,760
2018 $1,117 $18,730 $3,740 $14,990
2017 $1,084 $15,330 $3,060 $12,270
2016 $1,064 $14,580 $2,910 $11,670
2015 $1,000 $12,780 $2,550 $10,230
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ashley Sanchez Ochoa

    HomeSmart

  • Russell Shaw

    Buyer's Agent in 2021

    Russell Shaw

    Realty One Group

    (602) 957-7777

    2 in this area

    430 Total Sales

    Russell Shaw
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6265228

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-32-288

Arizona Maricopa County Mesa 85203 Mesa Patios

1059 N Wedgewood Dr, Mesa, AZ

This home is located at 1059 N Wedgewood Dr, Mesa, AZ 85203 since 15 July 2021 and is currently estimated at $549,874, approximately $654 per square foot. This property was built in 1975. 1059 N Wedgewood Dr is a home located in Maricopa County with nearby schools including Eisenhower Center for Innovation, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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