NOT LISTED FOR SALE

1065 N Wedgewood Dr Unit B Mesa, AZ 85203

Mesa Patios Neighborhood

Estimated Value: $424,482 - $467,000

-- Bed
2 Baths
867 Sq Ft
$521/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $309,900 $357 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,518/month

4 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of March 2021

Hurry this income property has lease in place for back unit long term renter but now it is month to month. Front unit is vacant. Each unit is approx. 880 sf, two - 2 bedroom/1 bath units. Each have great room, eat-in kitchen, covered laundry in storage room. Each unit has 1 covered parking, and 1 uncovered parking. Extra parking slab - both tenants share! Bring your offer today! Must make appointment to see back unit the tenant has a newborn baby. Must wear mask and gloves to show!!Stay safe

Last Agent to Sell the Property

Juan Orta

West USA Realty License #SA636157000 Listed on: 02/19/2021

West USA Realty

Co-Listed By

Orlando Orta

West USA Realty License #SA649760000

Last Buyer's Agent

Josh Strong

Nhimble Homes License #SA687584000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $857

Year Built

  • Built in 1973

Lot Details

  • Property fronts an alley

Home Design

  • Wood Frame Construction
  • Foam Roof

Flooring

  • Carpet
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • Carport

Schools

  • Kerr Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 181
  • Assessor Parcel Number 137-32-287-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7615sf
  • Enchanted Village Subdivision

Building Details

  • Operating Expense $3,137
  • Gross Income $18,600
  • Net Operating Income $16,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$857

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Mesa Drive & Brown Rd-
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2020
  • Directions: East On Brown, make a right on Wedgewood on and your next home is on the left 2 doors down.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: wusa92
  • Co List Office Phone: 602-942-4200
  • Subdivision Name: ENCHANTED VILLAGE
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet, Vinyl
  • Appliances: Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Slump Block
  • Roof: Other, Foam
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Heat Pump
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1080.0

Schools

  • Elementary School: Kerr Elementary School
  • High School: Westwood High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 7615sf
  • Additional Parcels: No
  • Parcel #: 137-32-287-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 18600.0
  • Insurance Expense: 900.0
  • Property Net Operating Income: 16320.0
  • Annual Operating Expense: 3137.0

Tax Info

  • Tax Annual Amount: 857.0
  • Tax Book Number: 137.00
  • Tax Lot: 181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Mar 12, 2021
Sold by
Odegard Fred H and Odegard Anita
Bought by
Rs Xii Phoenix Owner 1 Lp
Seller's Agent
Juan Orta
West USA Realty
Buyer's Agent
Josh Strong
Nhimble Homes
List Price
$324,900
Sold Price
$309,900
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$451,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,471
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Mar 4, 2008
Sold by
Odegard Fred H and Odegard Anita
Bought by
Odegard Fred H and Odegard Anita

Purchase Details

Closed on
Jan 18, 2000
Sold by
Felix James W and Felix Marilyn E
Bought by
Odegard Fred H and Odegard Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
5.35%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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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
Rs Xii Phoenix Owner 1 Lp $324,900 First American Title Ins Co
Odegard Fred H -- None Available
Odegard Fred H $92,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Star 2022-Sfr3 Borrower Lp $0
Previous Owner Odegard Fred H $73,600
Previous Owner Felix James W $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $309,900 -4.6% $357 / Sq Ft
02/20/2021 02/20/21 For Sale $324,900 +4.8% $375 / Sq Ft
02/19/2021 02/19/21 Off Market $309,900 -- --
02/19/2021 02/19/21 For Sale $324,900 -- $375 / 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 $934 $9,518 -- --
2024 $870 $9,065 -- --
2023 $870 $30,530 $6,100 $24,430
2022 $852 $23,220 $4,640 $18,580
2021 $868 $19,310 $3,860 $15,450
2020 $857 $17,510 $3,500 $14,010
2019 $798 $14,960 $2,990 $11,970
2018 $764 $13,570 $2,710 $10,860
2017 $740 $11,100 $2,220 $8,880
2016 $727 $10,230 $2,040 $8,190
2015 $684 $9,020 $1,800 $7,220
Source: Public Records

Agents Affiliated with this Home

  • Juan Orta

    Seller's Agent in 2021

    Juan Orta

    West USA Realty

    (480) 540-5680

    1 in this area

    54 Total Sales

    Juan Orta
    Section Image
  • Orlando Orta

    Seller Co-Listing Agent in 2021

    Orlando Orta

    West USA Realty

    (602) 615-5545

    1 in this area

    78 Total Sales

    Orlando Orta
    Section Image

  • J

    Buyer's Agent in 2021

    Josh Strong

    Nhimble Homes

    Section Image

  • J

    Buyer's Agent in 2021

    Joshua Strong

    HomeSmart

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6196911

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-32-287A

Arizona Maricopa County Mesa 85203 Mesa Patios

1065 N Wedgewood Dr Unit B, Mesa, AZ

This home is located at 1065 N Wedgewood Dr Unit B, Mesa, AZ 85203 since 19 February 2021 and is currently estimated at $451,371, approximately $520 per square foot. This property was built in 1973. 1065 N Wedgewood Dr Unit B 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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